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Global Application Transformation Market Size study, By Service Type (Cloud Application Migration, Application Integration, Application Replatforming, Application Portfolio Assessment, UI/UX modernization, Others), By Enterprise Size (Large Enterprise, Small & Medium Enterprises), By End Use Industry (BFSI, IT & Telecom, Government, Healthcare, Retail, Manufacturing, Others) and Regional Forecasts 2022-2028

September 2022 | 200 pages | ID: G4393E4AF1BFEN
Bizwit Research & Consulting LLP

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Global Application Transformation Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

The Application Transformation is the process of modernizing dated applications to meet current demands, by bringing business-critical legacy applications to modern infrastructures and technology utilization. This includes various tasks such as reducing the number of applications within an enterprise moving applications to the cloud to ensure that apps meet updated compliance and governance requirements. The rising internet penetration worldwide, as well as growing demand for IT Sector,, are key factors driving the market growth. For instance, according to the India Brand Equity Foundation, the market size of the IT sector in India in the year 2021 is USD 81.89 billion and the market size of the IT sector increased to USD 101.8 billion in 2022. Moreover, according to Statista - In 2021, the number of internet users worldwide was 4.9 billion, up from 4.6 billion in the previous year. Also, the rise in adoption of advanced technologies and growing emergence of cloud-based platforms market growth over the forecast period. However, the high cost associated with the legacy system impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Application Transformation Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region of the Application Transformation Market due to the rising adoption of advanced technologies and the presence of leading market players. Asia Pacific is the fastest growing region due to the rising expansion of the IT sector and increasing penetration of leading market players.

Major market players included in this report are:
Accenture PLC
Atos SA
Cognizant SE
Fujitsu Limited
HCL Technologies Ltd.
Hexaware Technology
International Business Machines Corporation
Micro Focus International PLC
Oracle Corporation
Infosys Limited

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Service Type
Cloud Application Migration
Application Integration
Application Replatforming
Application Portfolio Assessment
UI/UX modernization
Others
By Enterprise Size
Large Enterprises
Small & Medium Enterprises
By End Use Industry
BFSI
IT & Telecom
Government
Healthcare
Retail
Manufacturing
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Application Transformation Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
  1.2.1. Global Application Transformation Market, by Region, 2020-2028 (USD Million)
  1.2.2. Global Application Transformation Market, by Service Type, 2020-2028 (USD Million)
  1.2.3. Global Application Transformation Market, by Enterprise Size, 2020-2028 (USD Million)
  1.2.4. Global Application Transformation Market, by End Use Industry, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL APPLICATION TRANSFORMATION MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL APPLICATION TRANSFORMATION MARKET DYNAMICS

3.1. Application Transformation Market Impact Analysis (2020-2028)
  3.1.1. Market Drivers
    3.1.1.1. Growing internet penetration worldwide.
    3.1.1.2. Rising demand from IT Sector
  3.1.2. Market Challenges
    3.1.2.1. high cost associated with the legacy applications.
  3.1.3. Market Opportunities
    3.1.3.1. Growth in adoption of advanced technologies.
    3.1.3.2. Rising adoption of cloud-based platforms

CHAPTER 4. GLOBAL APPLICATION TRANSFORMATION MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

  5.1.1. Assessment of the overall impact of COVID-19 on the industry
  5.1.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL APPLICATION TRANSFORMATION MARKET, BY SERVICE TYPE

6.1. Market Snapshot
6.2. Global Application Transformation Market by Service Type, Performance - Potential Analysis
6.3. Global Application Transformation Market Estimates & Forecasts by Service Type 2018-2028 (USD Million)
6.4. Application Transformation Market, Sub Segment Analysis
  6.4.1. Cloud Application Migration
  6.4.2. Application Integration
  6.4.3. Application Replatforming
  6.4.4. Application Portfolio Assessment
  6.4.5. UI/UX modernization
  6.4.6. Others

CHAPTER 7. GLOBAL APPLICATION TRANSFORMATION MARKET, BY ENTERPRISE SIZE

7.1. Market Snapshot
7.2. Global Application Transformation Market by Enterprise Size, Performance - Potential Analysis
7.3. Global Application Transformation Market Estimates & Forecasts by Enterprise Size 2018-2028 (USD Million)
7.4. Application Transformation Market, Sub Segment Analysis
  7.4.1. Large Enterprise
  7.4.2. Small & Medium Enterprise

CHAPTER 8. GLOBAL APPLICATION TRANSFORMATION MARKET, BY END USE INDUSTRY

8.1. Market Snapshot
8.2. Global Application Transformation Market by End Use Industry, Performance - Potential Analysis
8.3. Global Application Transformation Market Estimates & Forecasts by End Use Industry 2018-2028 (USD Million)
8.4. Application Transformation Market, Sub Segment Analysis
  8.4.1. BFSI
  8.4.2. IT & Telecom
  8.4.3. Government
  8.4.4. Healthcare
  8.4.5. Retail
  8.4.6. Manufacturing
  8.4.7. Others

CHAPTER 9. GLOBAL APPLICATION TRANSFORMATION MARKET, REGIONAL ANALYSIS

9.1. Application Transformation Market, Regional Market Snapshot
9.2. North America Application Transformation Market
  9.2.1. U.S. Application Transformation Market
    9.2.1.1. Service Type estimates & forecasts, 2018-2028
    9.2.1.2. Enterprise Size estimates & forecasts, 2018-2028
    9.2.1.3. End Use Industry estimates & forecasts, 2018-2028
  9.2.2. Canada Application Transformation Market
9.3. Europe Application Transformation Market Snapshot
  9.3.1. U.K. Application Transformation Market
  9.3.2. Germany Application Transformation Market
  9.3.3. France Application Transformation Market
  9.3.4. Spain Application Transformation Market
  9.3.5. Italy Application Transformation Market
  9.3.6. Rest of Europe Application Transformation Market
9.4. Asia-Pacific Application Transformation Market Snapshot
  9.4.1. China Application Transformation Market
  9.4.2. India Application Transformation Market
  9.4.3. Japan Application Transformation Market
  9.4.4. Australia Application Transformation Market
  9.4.5. South Korea Application Transformation Market
  9.4.6. Rest of Asia Pacific Application Transformation Market
9.5. Latin America Application Transformation Market Snapshot
  9.5.1. Brazil Application Transformation Market
  9.5.2. Mexico Application Transformation Market
9.6. Rest of The World Application Transformation Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. Accenture PLC
    10.2.1.1. Key Information
    10.2.1.2. Overview
    10.2.1.3. Financial (Subject to Data Availability)
    10.2.1.4. Product Summary
    10.2.1.5. Recent Developments
  10.2.2. Atos SA
  10.2.3. Cognizant SE
  10.2.4. Fujitsu Limited
  10.2.5. HCL Technologies Ltd.
  10.2.6. Hexaware Technology
  10.2.7. International Business Machines Corporation
  10.2.8. Micro Focus International PLC
  10.2.9. Oracle Corporation
  10.2.10. Infosys Limited

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Application Transformation Market, report scope
TABLE 2. Global Application Transformation Market estimates & forecasts by Region 2018-2028 (USD Million)
TABLE 3. Global Application Transformation Market estimates & forecasts by Service Type 2018-2028 (USD Million)
TABLE 4. Global Application Transformation Market estimates & forecasts by Enterprise Size 2018-2028 (USD Million)
TABLE 5. Global Application Transformation Market estimates & forecasts by End Use Industry 2018-2028 (USD Million)
TABLE 6. Global Application Transformation Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 7. Global Application Transformation Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global Application Transformation Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global Application Transformation Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global Application Transformation Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global Application Transformation Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global Application Transformation Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global Application Transformation Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global Application Transformation Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. Global Application Transformation Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. U.S. Application Transformation Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 17. U.S. Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 18. U.S. Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 19. Canada Application Transformation Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 20. Canada Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 21. Canada Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 22. UK Application Transformation Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 23. UK Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 24. UK Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 25. Germany Application Transformation Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 26. Germany Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 27. Germany Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 28. RoE Application Transformation Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 29. RoE Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 30. RoE Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 31. China Application Transformation Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 32. China Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 33. China Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 34. India Application Transformation Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 35. India Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 36. India Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 37. Japan Application Transformation Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 38. Japan Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 39. Japan Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 40. RoAPAC Application Transformation Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 41. RoAPAC Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 42. RoAPAC Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 43. Brazil Application Transformation Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 44. Brazil Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 45. Brazil Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 46. Mexico Application Transformation Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 47. Mexico Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 48. Mexico Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 49. RoLA Application Transformation Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 50. RoLA Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 51. RoLA Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 52. Row Application Transformation Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 53. Row Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 54. Row Application Transformation Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 55. List of secondary sources, used in the study of global Application Transformation Market
TABLE 56. List of primary sources, used in the study of global Application Transformation Market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Application Transformation Market, research methodology
FIG 2. Global Application Transformation Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Application Transformation Market, key trends 2021
FIG 5. Global Application Transformation Market, growth prospects 2022-2028
FIG 6. Global Application Transformation Market, porters 5 force model
FIG 7. Global Application Transformation Market, pest analysis
FIG 8. Global Application Transformation Market, value chain analysis
FIG 9. Global Application Transformation Market by segment, 2018 & 2028 (USD Million)
FIG 10. Global Application Transformation Market by segment, 2018 & 2028 (USD Million)
FIG 11. Global Application Transformation Market by segment, 2018 & 2028 (USD Million)
FIG 12. Global Application Transformation Market by segment, 2018 & 2028 (USD Million)
FIG 13. Global Application Transformation Market by segment, 2018 & 2028 (USD Million)
FIG 14. Global Application Transformation Market, regional snapshot 2018 & 2028
FIG 15. North America Application Transformation Market 2018 & 2028 (USD Million)
FIG 16. Europe Application Transformation Market 2018 & 2028 (USD Million)
FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
FIG 18. Latin America Application Transformation Market 2018 & 2028 (USD Million)
FIG 19. Global Application Transformation Market, company Market share analysis (2021)


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