India Application Management Services Market, By Services (Application Portfolio Assessment, Application Security, Application Modernization, Application Managed Services and Others), By Organization Size (Small and Medium-Sized Enterprises and Large Enterprises), By Vertical (Banking, Financial Services, and Insurance, Healthcare and Life Sciences, Government, Energy and Utilities, Telecom and IT and Others), By Company and By Geography, Forecast & Opportunities, 2018-2028

India application management services market is expected to grow at a double digit CAGR over the next five years owing to increasing the need for business agility. Besides, the market growth can be attributed to the increased need to replace the legacy applications and rising implementation of new technologies in modern business applications. Adoption of cloud technology and rising penetration of electronic devices such as smartphones and laptops are propelling the growth of India application management services market. Emergence of newer technologies and innovations and transition to remote working and work from home modes are also positively influencing the growth of India application management services market. As modern business operations are becoming more complicated, with many variables to analyse and data to handle, companies are adopting application management services to reduce burden on quailed personnel for specific operations and focus on development. Moreover, emergence of BYOD and proliferation of mobile applications are adding to the robust demand for application management services in India. Furthermore, existence of a large number of legacy applications and open-source technology are expected to fuel the market growth. Rising demand for next generation technology integration and evolving business landscape owing to digitalization have led are positively influencing the market growth.

India application management services market is segmented on the basis of services, organization size, vertical, company, and geography. Based on services, the market is further divided into application portfolio assessment, application security, application modernization, application managed services, and others. Based on organization size, the market is sub-segmented into small and medium-sized enterprises and large enterprises. The small and medium-sized enterprises segment is expected to dominate India application management services market owing to the increasing adoption of the lift-and-shift migration strategy.  Based on vertical, the market is fragmented into banking, financial services, insurance, healthcare and life sciences, government, energy & utilities, telecom & IT, and others.

Some of the leading players in the India Application Management Services market are Tech Mahindra, ATOS, Capgemini, Wipro, 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 India application management services market based on services, organization size, vertical and regional distribution.

·         To identify drivers and challenges for India application management services market.

·         To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India application management services market.

·         To conduct the pricing analysis for application management services market.

·         To identify and analyse the profile of leading players involved in the manufacturing of India application management services market.

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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 India. 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 India.

TechSci Research calculated the market size of India 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:

• India 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.

Report Scope:

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

• India Application Management Services Market, By Services:
• Application Portfolio Assessment
• Application Security
• Application Modernization
• Application Managed Services
• Others
• India Application Management Services Market, By Organization Size:
• Small and Medium-Sized Enterprises
• Large Enterprises
• India Application Management Services Market, By Vertical:
• Banking, Financial Services, & Insurance
• Healthcare & Life Sciences
• Telecommunications & IT
• Government & Défense
• Energy and Utilities
• Others
• India Application Management Services Market, by Region:
• North
• South
• East
• West

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.

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