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Global Application Modernization Services Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 120 pages | ID: G696FA77BA9CEN
APO Research

US$ 3,450.00

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Application modernization is the refactoring, re-purposing or consolidation of legacy software programming to align it more closely with current business needs.

The goal of an application modernization project is to create new business value from existing applications. An application is a program designed to perform a specific function directly for the user or, in some cases, for another application program. Keeping legacy applications running smoothly can be a time-consuming, resource-intensive process, especially when the software becomes so outdated that it becomes incompatible with newer versions of the underlying operating system (OS) or system hardware.

According to APO Research, The global Application Modernization Services market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global Application Modernization Services key players include IBM, Atos, Cognizant, Accenture, etc. Global top four manufacturers hold a share over 55%.

United States is the largest market, with a share about 35%, followed by Europe and China, both have a share about 35 percent.

In terms of product, Cobol is the largest segment, with a share over 60%. And in terms of application, the largest application is Emulation, followed by Translation, Business rules extraction, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Application Modernization Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Application Modernization Services.

The Application Modernization Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Application Modernization Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, gross margin by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • Accenture
  • Atos
  • Bell Integrator
  • Capgemini
  • Cognizant
  • Fujitsu
  • HCL
  • IBM
  • Macrosoft Inc.
  • Tech Mahindra
  • TCS
  • Wipro
  • Infosys
  • DXC
  • Blu Age
  • TSRI
  • Modern Systems
  • Trinity Millennium
  • Micro Focus
  • Software Mining
  • Semantic Designs
  • Evolveware
  • Mapador
  • Fresche Solutions Inc.
  • Asysco
  • Expersolve
  • Metaware
  • MOST Technologies
  • Freesoft
  • Language Portability Solutions
Application Modernization Services segment by Type
  • Cobol
  • ADA
  • PL/1
  • RPG
  • Assembler
  • PowerBuilder
  • Others
Application Modernization Services segment by Application
  • Emulation
  • Translation
  • Business Rules Extraction
Application Modernization Services Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Application Modernization Services market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Application Modernization Services and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Application Modernization Services.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2019-2024, 2025-2030). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 3: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 5: Detailed analysis of Application Modernization Services companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.

Chapter 12: Concluding Insights of the report

Chapter 12: Concluding Insights of the report
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
1.3 Global Application Modernization Services Market Size Overview by Region 2019 VS 2023 VS 2030
1.4 Global Application Modernization Services Market Size by Region (2019-2030)
  1.4.1 Global Application Modernization Services Market Size by Region (2019-2024)
  1.4.2 Global Application Modernization Services Market Size by Region (2025-2030)
1.5 Key Regions Application Modernization Services Market Size (2019-2030)
  1.5.1 North America Application Modernization Services Market Size Growth Rate (2019-2030)
  1.5.2 Europe Application Modernization Services Market Size Growth Rate (2019-2030)
  1.5.3 Asia-Pacific Application Modernization Services Market Size Growth Rate (2019-2030)
  1.5.4 Latin America Application Modernization Services Market Size Growth Rate (2019-2030)
  1.5.5 Middle East & Africa Application Modernization Services Market Size Growth Rate (2019-2030)

2 APPLICATION MODERNIZATION SERVICES MARKET BY TYPE

2.1 Type Introduction
  2.1.1 Cobol
  2.1.2 ADA
  2.1.3 PL/1
  2.1.4 RPG
  2.1.5 Assembler
  2.1.6 PowerBuilder
  2.1.7 Others
2.2 Global Application Modernization Services Market Size by Type
  2.2.1 Global Application Modernization Services Market Size Overview by Type (2019-2030)
  2.2.2 Global Application Modernization Services Historic Market Size Review by Type (2019-2024)
  2.2.3 Global Application Modernization Services Market Size Forecasted by Type (2025-2030)
2.3 Global Application Modernization Services Market Size by Regions
  2.3.1 North America Application Modernization Services Market Size Breakdown by Type (2019-2024)
  2.3.2 Europe Application Modernization Services Market Size Breakdown by Type (2019-2024)
  2.3.3 Asia-Pacific Application Modernization Services Market Size Breakdown by Type (2019-2024)
  2.3.4 Latin America Application Modernization Services Market Size Breakdown by Type (2019-2024)
  2.3.5 Middle East and Africa Application Modernization Services Market Size Breakdown by Type (2019-2024)

3 APPLICATION MODERNIZATION SERVICES MARKET BY APPLICATION

3.1 Type Introduction
  3.1.1 Emulation
  3.1.2 Translation
  3.1.3 Business Rules Extraction
3.2 Global Application Modernization Services Market Size by Application
  3.2.1 Global Application Modernization Services Market Size Overview by Application (2019-2030)
  3.2.2 Global Application Modernization Services Historic Market Size Review by Application (2019-2024)
  3.2.3 Global Application Modernization Services Market Size Forecasted by Application (2025-2030)
3.3 Global Application Modernization Services Market Size by Regions
  3.3.1 North America Application Modernization Services Market Size Breakdown by Application (2019-2024)
  3.3.2 Europe Application Modernization Services Market Size Breakdown by Application (2019-2024)
  3.3.3 Asia-Pacific Application Modernization Services Market Size Breakdown by Application (2019-2024)
  3.3.4 Latin America Application Modernization Services Market Size Breakdown by Application (2019-2024)
  3.3.5 Middle East and Africa Application Modernization Services Market Size Breakdown by Application (2019-2024)

4 GLOBAL MARKET DYNAMICS

4.1 Application Modernization Services Industry Trends
4.2 Application Modernization Services Industry Drivers
4.3 Application Modernization Services Industry Opportunities and Challenges
4.4 Application Modernization Services Industry Restraints

5 COMPETITIVE INSIGHTS BY COMPANY

5.1 Global Top Players by Application Modernization Services Revenue (2019-2024)
5.2 Global Application Modernization Services Industry Company Ranking, 2022 VS 2023 VS 2024
5.3 Global Application Modernization Services Key Company Headquarters & Area Served
5.4 Global Application Modernization Services Company, Product Type & Application
5.5 Global Application Modernization Services Company Commercialization Time
5.6 Market Competitive Analysis
  5.6.1 Global Application Modernization Services Market CR5 and HHI
  5.6.2 Global Top 5 and 10 Application Modernization Services Players Market Share by Revenue in 2023
  5.6.3 2023 Application Modernization Services Tier 1, Tier 2, and Tier

6 COMPANY PROFILES

6.1 Accenture
  6.1.1 Accenture Comapny Information
  6.1.2 Accenture Business Overview
  6.1.3 Accenture Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.1.4 Accenture Application Modernization Services Product Portfolio
  6.1.5 Accenture Recent Developments
6.2 Atos
  6.2.1 Atos Comapny Information
  6.2.2 Atos Business Overview
  6.2.3 Atos Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.2.4 Atos Application Modernization Services Product Portfolio
  6.2.5 Atos Recent Developments
6.3 Bell Integrator
  6.3.1 Bell Integrator Comapny Information
  6.3.2 Bell Integrator Business Overview
  6.3.3 Bell Integrator Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.3.4 Bell Integrator Application Modernization Services Product Portfolio
  6.3.5 Bell Integrator Recent Developments
6.4 Capgemini
  6.4.1 Capgemini Comapny Information
  6.4.2 Capgemini Business Overview
  6.4.3 Capgemini Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.4.4 Capgemini Application Modernization Services Product Portfolio
  6.4.5 Capgemini Recent Developments
6.5 Cognizant
  6.5.1 Cognizant Comapny Information
  6.5.2 Cognizant Business Overview
  6.5.3 Cognizant Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.5.4 Cognizant Application Modernization Services Product Portfolio
  6.5.5 Cognizant Recent Developments
6.6 Fujitsu
  6.6.1 Fujitsu Comapny Information
  6.6.2 Fujitsu Business Overview
  6.6.3 Fujitsu Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.6.4 Fujitsu Application Modernization Services Product Portfolio
  6.6.5 Fujitsu Recent Developments
6.7 HCL
  6.7.1 HCL Comapny Information
  6.7.2 HCL Business Overview
  6.7.3 HCL Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.7.4 HCL Application Modernization Services Product Portfolio
  6.7.5 HCL Recent Developments
6.8 IBM
  6.8.1 IBM Comapny Information
  6.8.2 IBM Business Overview
  6.8.3 IBM Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.8.4 IBM Application Modernization Services Product Portfolio
  6.8.5 IBM Recent Developments
6.9 Macrosoft Inc.
  6.9.1 Macrosoft Inc. Comapny Information
  6.9.2 Macrosoft Inc. Business Overview
  6.9.3 Macrosoft Inc. Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.9.4 Macrosoft Inc. Application Modernization Services Product Portfolio
  6.9.5 Macrosoft Inc. Recent Developments
6.10 Tech Mahindra
  6.10.1 Tech Mahindra Comapny Information
  6.10.2 Tech Mahindra Business Overview
  6.10.3 Tech Mahindra Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.10.4 Tech Mahindra Application Modernization Services Product Portfolio
  6.10.5 Tech Mahindra Recent Developments
6.11 TCS
  6.11.1 TCS Comapny Information
  6.11.2 TCS Business Overview
  6.11.3 TCS Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.11.4 TCS Application Modernization Services Product Portfolio
  6.11.5 TCS Recent Developments
6.12 Wipro
  6.12.1 Wipro Comapny Information
  6.12.2 Wipro Business Overview
  6.12.3 Wipro Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.12.4 Wipro Application Modernization Services Product Portfolio
  6.12.5 Wipro Recent Developments
6.13 Infosys
  6.13.1 Infosys Comapny Information
  6.13.2 Infosys Business Overview
  6.13.3 Infosys Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.13.4 Infosys Application Modernization Services Product Portfolio
  6.13.5 Infosys Recent Developments
6.14 DXC
  6.14.1 DXC Comapny Information
  6.14.2 DXC Business Overview
  6.14.3 DXC Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.14.4 DXC Application Modernization Services Product Portfolio
  6.14.5 DXC Recent Developments
6.15 Blu Age
  6.15.1 Blu Age Comapny Information
  6.15.2 Blu Age Business Overview
  6.15.3 Blu Age Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.15.4 Blu Age Application Modernization Services Product Portfolio
  6.15.5 Blu Age Recent Developments
6.16 TSRI
  6.16.1 TSRI Comapny Information
  6.16.2 TSRI Business Overview
  6.16.3 TSRI Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.16.4 TSRI Application Modernization Services Product Portfolio
  6.16.5 TSRI Recent Developments
6.17 Modern Systems
  6.17.1 Modern Systems Comapny Information
  6.17.2 Modern Systems Business Overview
  6.17.3 Modern Systems Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.17.4 Modern Systems Application Modernization Services Product Portfolio
  6.17.5 Modern Systems Recent Developments
6.18 Trinity Millennium
  6.18.1 Trinity Millennium Comapny Information
  6.18.2 Trinity Millennium Business Overview
  6.18.3 Trinity Millennium Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.18.4 Trinity Millennium Application Modernization Services Product Portfolio
  6.18.5 Trinity Millennium Recent Developments
6.19 Micro Focus
  6.19.1 Micro Focus Comapny Information
  6.19.2 Micro Focus Business Overview
  6.19.3 Micro Focus Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.19.4 Micro Focus Application Modernization Services Product Portfolio
  6.19.5 Micro Focus Recent Developments
6.20 Software Mining
  6.20.1 Software Mining Comapny Information
  6.20.2 Software Mining Business Overview
  6.20.3 Software Mining Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.20.4 Software Mining Application Modernization Services Product Portfolio
  6.20.5 Software Mining Recent Developments
6.21 Semantic Designs
  6.21.1 Semantic Designs Comapny Information
  6.21.2 Semantic Designs Business Overview
  6.21.3 Semantic Designs Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.21.4 Semantic Designs Application Modernization Services Product Portfolio
  6.21.5 Semantic Designs Recent Developments
6.22 Evolveware
  6.22.1 Evolveware Comapny Information
  6.22.2 Evolveware Business Overview
  6.22.3 Evolveware Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.22.4 Evolveware Application Modernization Services Product Portfolio
  6.22.5 Evolveware Recent Developments
6.23 Mapador
  6.23.1 Mapador Comapny Information
  6.23.2 Mapador Business Overview
  6.23.3 Mapador Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.23.4 Mapador Application Modernization Services Product Portfolio
  6.23.5 Mapador Recent Developments
6.24 Fresche Solutions Inc.
  6.24.1 Fresche Solutions Inc. Comapny Information
  6.24.2 Fresche Solutions Inc. Business Overview
  6.24.3 Fresche Solutions Inc. Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.24.4 Fresche Solutions Inc. Application Modernization Services Product Portfolio
  6.24.5 Fresche Solutions Inc. Recent Developments
6.25 Asysco
  6.25.1 Asysco Comapny Information
  6.25.2 Asysco Business Overview
  6.25.3 Asysco Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.25.4 Asysco Application Modernization Services Product Portfolio
  6.25.5 Asysco Recent Developments
6.26 Expersolve
  6.26.1 Expersolve Comapny Information
  6.26.2 Expersolve Business Overview
  6.26.3 Expersolve Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.26.4 Expersolve Application Modernization Services Product Portfolio
  6.26.5 Expersolve Recent Developments
6.27 Metaware
  6.27.1 Metaware Comapny Information
  6.27.2 Metaware Business Overview
  6.27.3 Metaware Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.27.4 Metaware Application Modernization Services Product Portfolio
  6.27.5 Metaware Recent Developments
6.28 MOST Technologies
  6.28.1 MOST Technologies Comapny Information
  6.28.2 MOST Technologies Business Overview
  6.28.3 MOST Technologies Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.28.4 MOST Technologies Application Modernization Services Product Portfolio
  6.28.5 MOST Technologies Recent Developments
6.29 Freesoft
  6.29.1 Freesoft Comapny Information
  6.29.2 Freesoft Business Overview
  6.29.3 Freesoft Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.29.4 Freesoft Application Modernization Services Product Portfolio
  6.29.5 Freesoft Recent Developments
6.30 Language Portability Solutions
  6.30.1 Language Portability Solutions Comapny Information
  6.30.2 Language Portability Solutions Business Overview
  6.30.3 Language Portability Solutions Application Modernization Services Revenue, Global Share and Gross Margin (2019-2024)
  6.30.4 Language Portability Solutions Application Modernization Services Product Portfolio
  6.30.5 Language Portability Solutions Recent Developments

7 NORTH AMERICA

7.1 North America Application Modernization Services Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2 North America Application Modernization Services Market Size by Country (2019-2024)
7.3 North America Application Modernization Services Market Size Forecast by Country (2025-2030)

8 EUROPE

8.1 Europe Application Modernization Services Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2 Europe Application Modernization Services Market Size by Country (2019-2024)
8.3 Europe Application Modernization Services Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC

9.1 Asia-Pacific Application Modernization Services Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2 Asia-Pacific Application Modernization Services Market Size by Country (2019-2024)
9.3 Asia-Pacific Application Modernization Services Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA

10.1 Latin America Application Modernization Services Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2 Latin America Application Modernization Services Market Size by Country (2019-2024)
10.3 Latin America Application Modernization Services Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST & AFRICA

11.1 Middle East & Africa Application Modernization Services Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2 Middle East & Africa Application Modernization Services Market Size by Country (2019-2024)
11.3 Middle East & Africa Application Modernization Services Market Size Forecast by Country (2025-2030)

12 CONCLUDING INSIGHTS

13 APPENDIX

13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
  13.5.1 Secondary Sources
  13.5.2 Primary Sources


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