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.
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Attribute
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Details
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Base Year
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2022
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Historical Data
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2018 – 2021
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Estimated Year
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2023
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Forecast Period
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2024 – 2028
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Quantitative Units
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Revenue in USD Million and CAGR for
2018- 2022 and 2023E-2028F
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Report coverage
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Revenue forecast, company share,
competitive landscape, growth factors, and trends
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Segments covered
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·
Services
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Organization Size
·
Vertical
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Regional scope
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North, South, East, West
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Key companies profiled
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Tech Mahindra, ATOS, Capgemini, Wipro,
DXC, Cognizant, IBM, HCL, Fujitsu, Accenture.
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Customization scope
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10% free report customization with
purchase. Addition or alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to
meet your exact research needs. Explore purchase options
|
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Delivery Format
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PDF and Excel through Email (We can
also provide the editable version of the report in PPT/Word format on special
request)
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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:
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]