Application Management Services Market By Size, Share, Trends, Growth, Forecast 2027

Summary

Report Description

Global Application Management Services Market is expected to reach USD 27.88 Billion by 2027 at a CAGR of over 21% during 2022-2027. The major factors driving the market are increasing demand from the financial services sector and growing trends of Internet of Things, cloud, and analytics. Based on services, the application security segment is expected to grow at the highest CAGR during the forecast period, as exposures have become more complex and urbane, which are expected to upsurge the demand for application security. Moreover, the SME’s segment in organizational sector, is expected to grow at the highest rate due to increasing adoption of the lift-and-shift movement strategy.

Some of the leading players in the global Application Management Services market are Wipro, Tech Mahindra, ATOS, Capgemini, DXC, Cognizant, IBM, HCL, Fujitsu, Accenture etc.

Objective of the Study:

· To analyse and forecast the market size of Application Management Services, in terms of value.

· To classify and forecast global Application Management Services based on services, organization size, vertical and regional distribution.

· To identify drivers and challenges for Global Application Management Services.

· To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Application Management Services.

· To conduct the pricing analysis for Application Management Services.

· To identify and analyse the profile of leading players involved in the manufacturing of Global Application Management Services.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration service providers across the globe.

TechSci Research calculated the market size of global Application Management Services using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

Global application management services providers
Professional and managed service providers
Application modernization vendors
IT Companies

· Research organizations and consulting companies.

· Research Institutes

· Industry associations

· Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute	Details
Base Year	2021
Historical Data	2017 – 2020
Estimated Year	2022
Forecast Period	2023 – 2027
Quantitative Units	Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments covered	· Service · Organization Size · Vertical
Regional scope	North America; Europe; Asia Pacific; South America; Middle East & Africa
Country scope	United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore, Malaysia; Germany, France, United Kingdom, Italy, Spain, South Africa, UAE, Saudi Arabia, Qatar; Brazil, Argentina, Colombia;
Key companies profiled	Wipro, Tech Mahindra, ATOS, Capgemini, DXC, Cognizant, IBM, HCL, Fujitsu, Accenture.
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Global Application Management Services market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, By Services:

Application Portfolio Assessment
Application Security
Application Modernization
Application Managed Services
Others

Market, By Organization Size:

Small and Medium-Sized Enterprises
Large Enterprises

Market, By Vertical:

Banking, Financial Services, & Insurance
Healthcare & Life Sciences
Telecommunications & IT
Government & Défense
Energy and Utilities
Others

Market, by Region:

Asia Pacific

§ China

§ India

§ Japan

§ South Korea

Australia
Singapore
Malaysia

Europe & CIS

§ France

§ Germany

§ United Kingdom

§ Italy

§ Spain

North America

§ United States

§ Mexico

§ Canada

South America

§ Brazil

§ Argentina

§ Colombia

Middle East and Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Application Management Services.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customers

4.1. Vendor Satisfaction

4.2. Product Awareness

4.3. Overall Satisfaction

5. Impact of COVID-19 on Global Application Management Services Market

6. Global Application Management Services Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Services (Application Portfolio Assessment, Application Security, Application Modernization, Application Managed Services and Others)

6.2.2. By Organization Size (Small and Medium-Sized Enterprises and Large Enterprises)

6.2.3. By Vertical (Banking, Financial Services, and Insurance, Healthcare and Life Sciences, Government, Energy and Utilities, Telecom and IT and Others)

6.3. Market Attractiveness Index

7. Asia-Pacific Application Management Services Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Services

7.2.2. By Organization Size

7.2.3. By Vertical

7.2.4. By Country

7.3. Market Attractiveness Index

7.4. Asia-Pacific: Country Analysis

7.4.1. China Application Management Services Market Outlook

7.4.1.1. Market Size & Forecast

7.4.1.1.1. By Value

7.4.1.2. Market Share & Forecast

7.4.1.2.1. By Services

7.4.1.2.2. By Vertical

7.4.2. India Application Management Services Market Outlook

7.4.2.1. Market Size & Forecast

7.4.2.1.1. By Value

7.4.2.2. Market Share & Forecast

7.4.2.2.1. By Services

7.4.2.2.2. By Vertical

7.4.3. Japan Application Management Services Market Outlook

7.4.3.1. Market Size & Forecast

7.4.3.1.1. By Value

7.4.3.2. Market Share & Forecast

7.4.3.2.1. By Services

7.4.3.2.2. By Vertical

7.4.4. South Korea Application Management Services Market Outlook

7.4.4.1. Market Size & Forecast

7.4.4.1.1. By Value

7.4.4.2. Market Share & Forecast

7.4.4.2.1. By Services

7.4.4.2.2. By Vertical

7.4.5. Australia Application Management Services Market Outlook

7.4.5.1. Market Size & Forecast

7.4.5.1.1. By Value

7.4.5.2. Market Share & Forecast

7.4.5.2.1. By Services

7.4.5.2.2. By Vertical

7.4.6. Singapore Application Management Services Market Outlook

7.4.6.1. Market Size & Forecast

7.4.6.1.1. By Value

7.4.6.2. Market Share & Forecast

7.4.6.2.1. By Services

7.4.6.2.2. By Vertical

7.4.7. Malaysia Application Management Services Market Outlook

7.4.7.1. Market Size & Forecast

7.4.7.1.1. By Value

7.4.7.2. Market Share & Forecast

7.4.7.2.1. By Services

7.4.7.2.2. By Vertical

8. Europe & CIS Application Management Services Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Services

8.2.2. By Organization Size

8.2.3. By Vertical

8.2.4. By Country

8.3. Market Attractiveness Index

8.4. Europe: Country Analysis

8.4.1. France Application Management Services Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Services

8.4.1.2.2. By Vertical

8.4.2. Germany Application Management Services Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Services

8.4.2.2.2. By Vertical

8.4.3. United Kingdom Application Management Services Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Services

8.4.3.2.2. By Vertical

8.4.4. Italy Application Management Services Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Value

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Services

8.4.4.2.2. By Vertical

8.4.5. Spain Application Management Services Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Value

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Services

8.4.5.2.2. By Vertical

9. North America Application Management Services Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Services

9.2.2. By Organization Size

9.2.3. By Vertical

9.2.4. By Country

9.3. Market Attractiveness Index

9.4. North America: Country Analysis

9.4.1. United States Application Management Services Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Services

9.4.1.2.2. By Vertical

9.4.2. Mexico Application Management Services Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Services

9.4.2.2.2. By Vertical

9.4.3. Canada Application Management Services Market Outlook

9.4.3.1. Market Size & Forecast

9.4.3.1.1. By Value

9.4.3.2. Market Share & Forecast

9.4.3.2.1. By Services

9.4.3.2.2. By Vertical

10. South America Application Management Services Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Services

10.2.2. By Organization Size

10.2.3. By Vertical

10.2.4. By Country

10.3. Market Attractiveness Index

10.4. South America: Country Analysis

10.4.1. Brazil Application Management Services Market Outlook

10.4.1.1. Market Size & Forecast

10.4.1.1.1. By Value

10.4.1.2. Market Share & Forecast

10.4.1.2.1. By Services

10.4.1.2.2. By Vertical

10.4.2. Argentina Application Management Services Market Outlook

10.4.2.1. Market Size & Forecast

10.4.2.1.1. By Value

10.4.2.2. Market Share & Forecast

10.4.2.2.1. By Services

10.4.2.2.2. By Vertical

10.4.3. Colombia Application Management Services Market Outlook

10.4.3.1. Market Size & Forecast

10.4.3.1.1. By Value

10.4.3.2. Market Share & Forecast

10.4.3.2.1. By Services

10.4.3.2.2. By Vertical

11. Middle East and Africa Application Management Services Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Services

11.2.2. By Organization Size

11.2.3. By Vertical

11.2.4. By Country

11.3. Market Attractiveness Index

11.4. MEA: Country Analysis

11.4.1. South Africa Application Management Services Market Outlook

11.4.1.1. Market Size & Forecast

11.4.1.1.1. By Value

11.4.1.2. Market Share & Forecast

11.4.1.2.1. By Services

11.4.1.2.2. By Vertical

11.4.2. Saudi Arabia Application Management Services Market Outlook

11.4.2.1. Market Size & Forecast

11.4.2.1.1. By Value

11.4.2.2. Market Share & Forecast

11.4.2.2.1. By Services

11.4.2.2.2. By Vertical

11.4.3. UAE Application Management Services Market Outlook

11.4.3.1. Market Size & Forecast

11.4.3.1.1. By Value

11.4.3.2. Market Share & Forecast

11.4.3.2.1. By Services

11.4.3.2.2. By Vertical

11.4.4. Qatar Application Management Services Market Outlook

11.4.4.1. Market Size & Forecast

11.4.4.1.1. By Value

11.4.4.2. Market Share & Forecast

11.4.4.2.1. By Services

11.4.4.2.2. By Vertical

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

14. Price Point Analysis

15. Policy & Regulatory

16. Competitive Landscape

17. Strategic Recommendations

Figures and Tables

Frequently asked questions

what is the scenario of Application Management Service market, globally?

Global application management services market is projected to grow at CAGR of 20% through 2027 backed by growing trend of BYOD and CYOD.

What was the impact of COVID-19 on global Application Management Service Market?

Imposition of lockdown made organizations to work in a non-optimized manner because of which many organizations are looking for ways to improve their operational efficiencies, overall productivity and are looking for innovative ideas & solutions to improve the revenue.

Which companies are operating in the global Application Management Service Market?

Some of the leading players in the global Application Management Service market are Accenture, ATOS, Capgemini, Cognizant, Fujitsu, DXC, HCL, IBM, Tech Mahindra, Wipro and others

Which region is forecast to lead the global Application Management Service market?

Based on services, market is segmented into application portfolio assessment, application security, application modernization, application managed services and others.

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