The Europe Application Management Services Market is expected to witness market growth of 17.4% CAGR during the forecast period (2021-2027).
Application Management Services are services that firms use to outsource their enterprise application management procedures to other enterprises. It includes application maintenance, change, and improvement services as well as support throughout the application lifecycle. It is also referred to as an enterprise application management service. These services are outsourced to a variety of firms with application management competence.
Businesses are increasingly using a variety of apps to meet customer demands, communicate with numerous participants in the production chain, and keep up with the rapidly changing technology world. The rise of new technologies like the Internet of Things, cloud computing, and analytics, which are upending established system paradigms, has aggravated such conditions. Because of these factors, the application management industry is expected to continue to grow.
Europe is also a region with high demand for application management services. The demand for application management services across the region is attributed to the increased emphasis of people toward enhancements and advancements of IT application studies. The constantly increasing number of developments in the field of application management is expected to further accelerate the standards of application management services across Europe.
The Germany market dominated the Europe Application Management Services Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $3,784.3 million by 2027. The UK market is expected to witness a CAGR of 16.5% during (2021 - 2027). Additionally, The France market is poised to grow a CAGR of 18.2% during (2021 - 2027).
Based on Organization Size, the market is segmented into Small & Medium Enterprises and Large Enterprises. Based on Industry Vertical, the market is segmented into Telecom & IT, BFSI, Healthcare, Retail & eCommerce, Government & Defense, Manufacturing and Others. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Services Type, the market is segmented into Application Portfolio Assessment, Application Security, Application Modernization, Web & Mobile, Cloud Application Migration and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accenture PLC, Fujitsu Limited, IBM Corporation, DXC Technology Company, HCL Technologies Ltd. (HCL Enterprises), Wipro Limited, Atos Group, Capgemini SE, Cognizant Technology Solutions Corporation, and Tech Mahindra Limited.
Application Management Services are services that firms use to outsource their enterprise application management procedures to other enterprises. It includes application maintenance, change, and improvement services as well as support throughout the application lifecycle. It is also referred to as an enterprise application management service. These services are outsourced to a variety of firms with application management competence.
Businesses are increasingly using a variety of apps to meet customer demands, communicate with numerous participants in the production chain, and keep up with the rapidly changing technology world. The rise of new technologies like the Internet of Things, cloud computing, and analytics, which are upending established system paradigms, has aggravated such conditions. Because of these factors, the application management industry is expected to continue to grow.
Europe is also a region with high demand for application management services. The demand for application management services across the region is attributed to the increased emphasis of people toward enhancements and advancements of IT application studies. The constantly increasing number of developments in the field of application management is expected to further accelerate the standards of application management services across Europe.
The Germany market dominated the Europe Application Management Services Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $3,784.3 million by 2027. The UK market is expected to witness a CAGR of 16.5% during (2021 - 2027). Additionally, The France market is poised to grow a CAGR of 18.2% during (2021 - 2027).
Based on Organization Size, the market is segmented into Small & Medium Enterprises and Large Enterprises. Based on Industry Vertical, the market is segmented into Telecom & IT, BFSI, Healthcare, Retail & eCommerce, Government & Defense, Manufacturing and Others. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Services Type, the market is segmented into Application Portfolio Assessment, Application Security, Application Modernization, Web & Mobile, Cloud Application Migration and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accenture PLC, Fujitsu Limited, IBM Corporation, DXC Technology Company, HCL Technologies Ltd. (HCL Enterprises), Wipro Limited, Atos Group, Capgemini SE, Cognizant Technology Solutions Corporation, and Tech Mahindra Limited.
Scope of the Study
Market Segments Covered in the Report:
By Organization Size
- Small & Medium Enterprises and
- Large Enterprises
By Industry Vertical
- Telecom & IT
- BFSI
- Healthcare
- Retail & eCommerce
- Government & Defense
- Manufacturing and
- Others
By Deployment Type
- On-premise and
- Cloud
By Services Type
- Application Portfolio Assessment
- Application Security
- Application Modernization
- Web & Mobile
- Cloud Application Migration and
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Accenture PLC
- Fujitsu Limited
- IBM Corporation
- DXC Technology Company
- HCL Technologies Ltd. (HCL Enterprises)
- Wipro Limited
- Atos Group
- Capgemini SE
- Cognizant Technology Solutions Corporation
- Tech Mahindra Limited
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. Europe Application Management Services Market by Organization Size
Chapter 5. Europe Application Management Services Market by Industry Vertical
Chapter 6. Europe Application Management Services Market by Deployment Type
Chapter 7. Europe Application Management Services Market by Services Type
Chapter 8. Europe Application Management Services Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Accenture PLC
- Fujitsu Limited
- IBM Corporation
- DXC Technology Company
- HCL Technologies Ltd. (HCL Enterprises)
- Wipro Limited
- Atos Group
- Capgemini SE
- Cognizant Technology Solutions Corporation
- Tech Mahindra Limited
Methodology
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