Global Application Management Services Market valued approximately USD 10.63 billion in 2017 is anticipated to grow with a healthy growth rate of more than 22.13% over the forecast period 2018-2025. The Global Application Management Services Market has rapid growth across the world over the coming years. The major driving factor of global Application Management Services market are growing demand due to rise in adoption of ready-made solution, emergence of BYOD & proliferation of mobile apps demand robust mobile app management services and need to align legacy systems with the evolving business structure. The major restraining factor of global application management service market are high implementation cost and data security & privacy concern. Moreover, integration issues with existing legacy systems is also a major factor that hampers the market growth.
The major market player included in this report are:
• Cognizant Technology Solutions Corp.
• Accenture plc
• IBM Corp
• Capgemini Group S.A.
• Deloitte Touche Tohmatsu Ltd.
• Tata Consultancy Services Ltd.
• Atos SE
• Computer Science Corp
• L&T Infotech
• Infosys Ltd.
• NTT Data Corp.
• Mahindra Systems
• Wipro Ltd.
Application management service means which assign the administration of big business application management contributed by different association to organization that need to outsource their venture application administration process. The major benefit of application management services such as it ensures that application is optically managed, it reduce maintenance cost and interval which enhance the performance, it reduces the risk of IT downtime and other forms of downtime for business and customers and it increase flexibility by reducing the time required to build and implement applications.
The regional analysis of Global Application Management Services Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to increasing adoption of cloud platform by businesses in region and emerging new technologies. Asia-Pacific is anticipated higher growth rate / CAGR over the forecast period 2018-2025 due to growing demand from developing countries such as India and China. The Middle Eastern and African region is projected to follow the Asia-Pacific region in terms of growth rate and anticipated to grow at CAGR of 6.1% over the coming years.
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Market Segment by Regions, regional analysis covers : Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to 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 competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Support & Maintenance
IT & Telecom
Reasons to Purchase Application Management Services Market Report:
- Analysing the outlook of the Application Management Services market with the recent trends and SWOT analysis.
- Market dynamics scenario, along with growth opportunities of the Application Management Services market in the years to come.
- Application Management Services Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects.
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of Application Management Services market.
- Application Management Services Market value (USD Million) and volume (Units Million) data for each segment and sub-segment.
- Competitive landscape involving the Application Management Services market share of major players, along with the new projects and strategies adopted by players in the past 5 year.
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major Application Management Services market players.
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This post was originally published on Space Market Research