Product Code: IC_2110958 / A10593
Application transformation is a term that comprises process of reducing the number of applications in an organization as well as moving applications to the cloud. It ensures that the apps meet updated governance and compliance requirements. The products and services associated with the application transformation are mainly aimed at helping the IT departments to tackle rise in use of social media and mobile computing in the enterprise. It mainly helps business-critical applications to stay aligned and relevant with modern user expectations.
Factors such as emergence of cloud technology and increase in consumption of Big Data; high cost associated with the maintenance of legacy applications; and technological development and advancement in application transformation primarily drives the growth of the global application transformation market. In addition, ongoing trend of legacy modernization fuels the demand for application transformation. However, difficulty in application transformation due to complexities in the legacy systems is expected to hamper the market growth to some extent. On the other hand, rise in adoption of advanced technologies such as 5G, AI, ML, and IoT is expected to provide lucrative opportunities for the market growth during the forecast period. Also, emerging need for digital transformation is anticipated to be opportunistic for the market growth during the forecast period.
The application transformation market is segmented on the basis of service type, enterprise size, industry vertical, and region. On the service type, it is categorized into cloud application migration, application integration, application replatforming, application portfolio assessment, UI/UX modernizations, and others. As per the enterprise size, it is bifurcated into large enterprises and small & medium enterprises. On the basis of industry vertical, it is categorized into BFSI, IT & telecom, government, healthcare, retail, manufacturing, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The company profiles of Application transformation Market players included in this report are Accenture, Atos, Cognizant, Fujitsu, HCL Technologies Ltd., Hexaware, IBM Corporation, Micro Focus International PLC, Microsoft Inc., and TCS.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the application transformation market along with current trends and future estimations to elucidate imminent investment pockets.
- Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.
- Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of application transformation market for the period 2020-2027 is provided to determine the market potential.
KEY MARKET SEGMENTS
BY SERVICE TYPE
- Cloud Application Migration
- Application Integration
- Application Replatforming
- Application Portfolio Assessment
- UI/UX modernizations
- Others
BY ENTERPRISE SIZE
- Large Enterprises
- Small & Medium Enterprises
BY INDUSTRY VERTICAL
- BFSI
- IT & Telecom
- Government
- Healthcare
- Retail
- Manufacturing
- Others
BY REGION
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY MARKET PLAYERS
- Accenture
- Atos
- Cognizant
- Fujitsu
- HCL Technologies Ltd.
- Hexaware
- IBM Corporation
- Micro Focus International PLC
- Microsoft Inc.
- TCS
-
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key benefits for stakeholders
- 1.3. Key market segments
- 1.3.1. Key market players
- 1.4. Research methodology
- 1.4.1. Secondary research
- 1.4.2. Primary research
- 1.4.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
- 2.1. Key findings
- 2.1.1. Top impacting factors
- 2.1.2. Top investment pockets
- 2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key forces shaping the application transformation market
- 3.3. Market dynamics
- 3.3.1. Drivers
- 3.3.1.1. Emergence of cloud technology and increasing consumption of Big Data
- 3.3.1.2. High cost associated with the maintenance of legacy applications
- 3.3.1.3. Technological development and advancement in application transformation
- 3.3.1.4. Ongoing trend of legacy modernization
- 3.3.2. Restraints
- 3.3.2.1. Difficulty in application transformation due to complexities in the legacy systems
- 3.3.3. Opportunities
- 3.3.3.1. Rise in adoption of advanced technologies such as 5G, AI, ML, and IoT
- 3.3.3.2. Emerging need for digital transformation
- 3.4. Patent analysis
- 3.4.1. By region (2000-2020)
- 3.4.2. By applicant
- 3.5. COVID-19 impact analysis on the application transformation market
- 3.5.1. Impact on market size
- 3.5.2. Consumer trends, preferences, and budget impact
- 3.5.3. Economic impact
- 3.5.4. Key player strategies to tackle negative impact
- 3.5.5. Opportunity window
CHAPTER 4: APPLICATION TRANSFORMATION MARKET, BY SERVICE TYPE
- 4.1. Overview
- 4.2. Cloud application migration
- 4.2.1. Key market trends, growth factors, and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market analysis, by country
- 4.3. Application integration
- 4.3.1. Key market trends, growth factors, and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market analysis, by country
- 4.4. Application replatforming
- 4.4.1. Key market trends, growth factors, and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market analysis, by country
- 4.5. Application portfolio assessment
- 4.5.1. Key market trends, growth factors, and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market analysis, by country
- 4.6. UI/UX modernizations
- 4.6.1. Key market trends, growth factors, and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market analysis, by country
- 4.7. Others
- 4.7.1. Key market trends, growth factors, and opportunities
- 4.7.2. Market size and forecast, by region
- 4.7.3. Market analysis, by country
CHAPTER 5: APPLICATION TRANSFORMATION MARKET, BY ENTERPRISE SIZE
- 5.1. Overview
- 5.2. Large enterprises
- 5.2.1. Key market trends, growth factors, and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market analysis, by country
- 5.3. Small & medium enterprises
- 5.3.1. Key market trends, growth factors, and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market analysis, by country
CHAPTER 6: APPLICATION TRANSFORMATION MARKET, BY INDUSTRY VERTICAL
- 6.1. Overview
- 6.2. BFSI
- 6.2.1. Key market trends, growth factors, and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market analysis, by country
- 6.3. IT and telecom
- 6.3.1. Key market trends, growth factors, and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market analysis, by country
- 6.4. Government
- 6.4.1. Key market trends, growth factors, and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market analysis, by country
- 6.5. Healthcare
- 6.5.1. Key market trends, growth factors, and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market analysis, by country
- 6.6. Retail
- 6.6.1. Key market trends, growth factors, and opportunities
- 6.6.2. Market size and forecast, by region
- 6.6.3. Market analysis, by country
- 6.7. Manufacturing
- 6.7.1. Key market trends, growth factors, and opportunities
- 6.7.2. Market size and forecast, by region
- 6.7.3. Market analysis, by country
- 6.8. Others
- 6.8.1. Key market trends, growth factors, and opportunities
- 6.8.2. Market size and forecast, by region
- 6.8.3. Market analysis, by country
CHAPTER 7: APPLICATION TRANSFORMATION MARKET, BY REGION
- 7.1. Overview
- 7.2. North America
- 7.2.1. Key market trends, growth factors, and opportunities
- 7.2.2. Market size and forecast, by service type
- 7.2.3. Market size and forecast, by enterprise size
- 7.2.4. Market size and forecast, by Industry vertical
- 7.2.5. Market analysis, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Market size and forecast, by service type
- 7.2.5.1.2. Market size and forecast, by enterprise size
- 7.2.5.1.3. Market size and forecast, by industry vertical
- 7.2.5.2. Canada
- 7.2.5.2.1. Market size and forecast, by service type
- 7.2.5.2.2. Market size and forecast, by enterprise size
- 7.2.5.2.3. Market size and forecast, by industry vertical
- 7.3. Europe
- 7.3.1. Key market trends, growth factors, and opportunities
- 7.3.2. Market size and forecast, by service type
- 7.3.3. Market size and forecast, by enterprise size
- 7.3.4. Market size and forecast, by Industry vertical
- 7.3.5. Market analysis, by country
- 7.3.5.1. UK
- 7.3.5.1.1. Market size and forecast, by service type
- 7.3.5.1.2. Market size and forecast, by enterprise size
- 7.3.5.1.3. Market size and forecast, by industry vertical
- 7.3.5.2. Germany
- 7.3.5.2.1. Market size and forecast, by service type
- 7.3.5.2.2. Market size and forecast, by enterprise size
- 7.3.5.2.3. Market size and forecast, by industry vertical
- 7.3.5.3. France
- 7.3.5.3.1. Market size and forecast, by service type
- 7.3.5.3.2. Market size and forecast, by enterprise size
- 7.3.5.3.3. Market size and forecast, by industry vertical
- 7.3.5.4. Russia
- 7.3.5.4.1. Market size and forecast, by service type
- 7.3.5.4.2. Market size and forecast, by enterprise size
- 7.3.5.4.3. Market size and forecast, by industry vertical
- 7.3.5.5. Rest of Europe
- 7.3.5.5.1. Market size and forecast, by service type
- 7.3.5.5.2. Market size and forecast, by enterprise size
- 7.3.5.5.3. Market size and forecast, by industry vertical
- 7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors, and opportunities
- 7.4.2. Market size and forecast, by service type
- 7.4.3. Market size and forecast, by enterprise size
- 7.4.4. Market size and forecast, by Industry vertical
- 7.4.5. Market analysis, by country
- 7.4.5.1. China
- 7.4.5.1.1. Market size and forecast, by service type
- 7.4.5.1.2. Market size and forecast, by enterprise size
- 7.4.5.1.3. Market size and forecast, by industry vertical
- 7.4.5.2. India
- 7.4.5.2.1. Market size and forecast, by service type
- 7.4.5.2.2. Market size and forecast, by enterprise size
- 7.4.5.2.3. Market size and forecast, by industry vertical
- 7.4.5.3. Japan
- 7.4.5.3.1. Market size and forecast, by service type
- 7.4.5.3.2. Market size and forecast, by enterprise size
- 7.4.5.3.3. Market size and forecast, by industry vertical
- 7.4.5.4. Australia
- 7.4.5.4.1. Market size and forecast, by service type
- 7.4.5.4.2. Market size and forecast, by enterprise size
- 7.4.5.4.3. Market size and forecast, by industry vertical
- 7.4.5.5. Rest of Asia-Pacific
- 7.4.5.5.1. Market size and forecast, by service type
- 7.4.5.5.2. Market size and forecast, by enterprise size
- 7.4.5.5.3. Market size and forecast, by industry vertical
- 7.5. LAMEA
- 7.5.1. Key market trends, growth factors, and opportunities
- 7.5.2. Market size and forecast, by service type
- 7.5.3. Market size and forecast, by enterprise size
- 7.5.4. Market size and forecast, by Industry vertical
- 7.5.5. Market analysis, by country
- 7.5.5.1. Latin America
- 7.5.5.1.1. Market size and forecast, by service type
- 7.5.5.1.2. Market size and forecast, by enterprise size
- 7.5.5.1.3. Market size and forecast, by industry vertical
- 7.5.5.2. Middle East
- 7.5.5.2.1. Market size and forecast, by service type
- 7.5.5.2.2. Market size and forecast, by enterprise size
- 7.5.5.2.3. Market size and forecast, by industry vertical
- 7.5.5.3. Africa
- 7.5.5.3.1. Market size and forecast, by service type
- 7.5.5.3.2. Market size and forecast, by enterprise size
- 7.5.5.3.3. Market size and forecast, by industry vertical
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Key player positioning analysis, 2019
- 8.2. Top winning strategies
- 8.3. Competitive dashboard
- 8.4. Key developments
- 8.4.1. New product launches
- 8.4.2. Collaboration
- 8.4.3. Acquisition
- 8.4.4. Partnership
CHAPTER 9: COMPANY PROFILE
- 9.1. Accenture
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.5. Product portfolio
- 9.1.6. R&D expenditure
- 9.1.7. Business performance
- 9.1.8. Key strategic moves and developments
- 9.2. Atos
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.5. Product portfolio
- 9.2.6. R&D expenditure
- 9.2.7. Business performance
- 9.2.8. Key strategic moves and developments
- 9.3. Cognizant
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.5. Product portfolio
- 9.3.6. R&D expenditure
- 9.3.7. Business performance
- 9.3.8. Key strategic moves and developments
- 9.4. Fujitsu
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.5. Product portfolio
- 9.4.6. R&D expenditure
- 9.4.7. Business performance
- 9.4.8. Key strategic moves and developments
- 9.5. HCL Technologies
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.5. Product portfolio
- 9.5.6. R&D expenditure
- 9.5.7. Business performance
- 9.5.8. Key strategic moves and developments
- 9.6. Hexaware Technologies Limited
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.5. Product portfolio
- 9.6.6. R&D expenditure
- 9.6.7. Business performance
- 9.6.8. Key strategic moves and developments
- 9.7. International Business Machines Corporation
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.5. Product portfolio
- 9.7.6. R&D expenditure
- 9.7.7. Business performance
- 9.7.8. Key strategic moves and developments
- 9.8. Micro Focus International plc
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.5. Product portfolio
- 9.8.6. R&D expenditure
- 9.8.7. Business performance
- 9.8.8. Key strategic moves and developments
- 9.9. Microsoft Corporation
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.5. Product portfolio
- 9.9.6. R&D expenditure
- 9.9.7. Business performance
- 9.9.8. Key strategic moves and developments
- 9.10. Tata Consultancy Services Limited
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.5. Product portfolio
- 9.10.6. R&D expenditure
- 9.10.7. Business performance
- 9.10.8. Key strategic moves and developments