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Application Modernization Services-Global Market Insights and Sales Trends 2024

Application Modernization Services-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1824137

No of Pages : 122

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Synopsis

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.

The global Application Modernization Services market size is expected to reach US$ 50440 million by 2029, growing at a CAGR of 15.1% from 2023 to 2029. The market is mainly driven by the significant applications of Application Modernization Services in various end use industries. The expanding demands from the Emulation, Translation and Business Rules Extraction,, are propelling Application Modernization Services market. Cobol, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the ADA segment is estimated at % CAGR for the next seven-year period.

In North America, the key players of application modernization services include IBM, Cognizant, HCL, Accenture, Infosys, etc. The top five players hold a share about 45% of North America market. United States is the largest market, has a share about 91%, followed by Canada, with share 9%.

Report Objectives

This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Application Modernization Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

Key Features of The Study:

This report provides in-depth analysis of the global Application Modernization Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.

This report profiles key players in the global Application Modernization Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Application Modernization Services sales data, market share and ranking.

This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

Key companies of Application Modernization Services covered in this report include Accenture, Atos, Bell Integrator, Capgemini, Cognizant, Fujitsu, HCL Technologies, IBM and Macrosoft, etc.

The global Application Modernization Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.

Market Segmentation

Company Profiles:

  • Accenture
  • Atos
  • Bell Integrator
  • Capgemini
  • Cognizant
  • Fujitsu
  • HCL Technologies
  • IBM
  • Macrosoft
  • Tech Mahindra
  • TCS
  • Wipro
  • Infosys
  • DXC
  • TSRI
  • Modern Systems
  • Micro Focus
  • Semantic Designs
  • Evolveware
  • Mapador
  • Fresche Solutions
  • Asysco (Avanade)
  • Expersolve (Ensono)
  • Metaware (Inetum)
  • Freesoft
  • Language Portability Solutions

Global Application Modernization Services market, by region:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, UK, Italy, etc.)
  • Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
  • South America (Brazil, etc.)
  • Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Application Modernization Services market, Segment by Type:

  • Cobol
  • ADA
  • PL/1
  • RPG
  • Assembler
  • PowerBuilder
  • Others

Global Application Modernization Services market, by Application

  • Emulation
  • Translation
  • Business Rules Extraction

Core Chapters

Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Application Modernization Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: 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 Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion

Index

1 Market Overview of Application Modernization Services
1.1 Application Modernization Services Market Overview
1.1.1 Application Modernization Services Product Scope
1.1.2 Application Modernization Services Market Status and Outlook
1.2 Global Application Modernization Services Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Application Modernization Services Market Size by Region (2018-2029)
1.4 Global Application Modernization Services Historic Market Size by Region (2018-2023)
1.5 Global Application Modernization Services Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Application Modernization Services Market Size (2018-2029)
1.6.1 North America Application Modernization Services Market Size (2018-2029)
1.6.2 Europe Application Modernization Services Market Size (2018-2029)
1.6.3 Asia-Pacific Application Modernization Services Market Size (2018-2029)
1.6.4 Latin America Application Modernization Services Market Size (2018-2029)
1.6.5 Middle East & Africa Application Modernization Services Market Size (2018-2029)
2 Application Modernization Services Market by Type
2.1 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: 2018 VS 2022 VS 2029
2.2.1 Global Application Modernization Services Historic Market Size by Type (2018-2023)
2.2.2 Global Application Modernization Services Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Application Modernization Services Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Application Modernization Services Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Application Modernization Services Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Application Modernization Services Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Application Modernization Services Revenue Breakdown by Type (2018-2029)
3 Application Modernization Services Market Overview by Application
3.1 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: 2018 VS 2022 VS 2029
3.2.1 Global Application Modernization Services Historic Market Size by Application (2018-2023)
3.2.2 Global Application Modernization Services Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Application Modernization Services Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Application Modernization Services Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Application Modernization Services Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Application Modernization Services Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Application Modernization Services Revenue Breakdown by Application (2018-2029)
4 Application Modernization Services Competition Analysis by Players
4.1 Global Application Modernization Services Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Application Modernization Services as of 2022)
4.3 Date of Key Players Enter into Application Modernization Services Market
4.4 Global Top Players Application Modernization Services Headquarters and Area Served
4.5 Key Players Application Modernization Services Product Solution and Service
4.6 Competitive Status
4.6.1 Application Modernization Services Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Accenture
5.1.1 Accenture Profile
5.1.2 Accenture Main Business
5.1.3 Accenture Application Modernization Services Products, Services and Solutions
5.1.4 Accenture Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.1.5 Accenture Recent Developments
5.2 Atos
5.2.1 Atos Profile
5.2.2 Atos Main Business
5.2.3 Atos Application Modernization Services Products, Services and Solutions
5.2.4 Atos Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.2.5 Atos Recent Developments
5.3 Bell Integrator
5.3.1 Bell Integrator Profile
5.3.2 Bell Integrator Main Business
5.3.3 Bell Integrator Application Modernization Services Products, Services and Solutions
5.3.4 Bell Integrator Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.3.5 Capgemini Recent Developments
5.4 Capgemini
5.4.1 Capgemini Profile
5.4.2 Capgemini Main Business
5.4.3 Capgemini Application Modernization Services Products, Services and Solutions
5.4.4 Capgemini Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.4.5 Capgemini Recent Developments
5.5 Cognizant
5.5.1 Cognizant Profile
5.5.2 Cognizant Main Business
5.5.3 Cognizant Application Modernization Services Products, Services and Solutions
5.5.4 Cognizant Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.5.5 Cognizant Recent Developments
5.6 Fujitsu
5.6.1 Fujitsu Profile
5.6.2 Fujitsu Main Business
5.6.3 Fujitsu Application Modernization Services Products, Services and Solutions
5.6.4 Fujitsu Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.6.5 Fujitsu Recent Developments
5.7 HCL Technologies
5.7.1 HCL Technologies Profile
5.7.2 HCL Technologies Main Business
5.7.3 HCL Technologies Application Modernization Services Products, Services and Solutions
5.7.4 HCL Technologies Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.7.5 HCL Technologies Recent Developments
5.8 IBM
5.8.1 IBM Profile
5.8.2 IBM Main Business
5.8.3 IBM Application Modernization Services Products, Services and Solutions
5.8.4 IBM Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.8.5 IBM Recent Developments
5.9 Macrosoft
5.9.1 Macrosoft Profile
5.9.2 Macrosoft Main Business
5.9.3 Macrosoft Application Modernization Services Products, Services and Solutions
5.9.4 Macrosoft Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.9.5 Macrosoft Recent Developments
5.10 Tech Mahindra
5.10.1 Tech Mahindra Profile
5.10.2 Tech Mahindra Main Business
5.10.3 Tech Mahindra Application Modernization Services Products, Services and Solutions
5.10.4 Tech Mahindra Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.10.5 Tech Mahindra Recent Developments
5.11 TCS
5.11.1 TCS Profile
5.11.2 TCS Main Business
5.11.3 TCS Application Modernization Services Products, Services and Solutions
5.11.4 TCS Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.11.5 TCS Recent Developments
5.12 Wipro
5.12.1 Wipro Profile
5.12.2 Wipro Main Business
5.12.3 Wipro Application Modernization Services Products, Services and Solutions
5.12.4 Wipro Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.12.5 Wipro Recent Developments
5.13 Infosys
5.13.1 Infosys Profile
5.13.2 Infosys Main Business
5.13.3 Infosys Application Modernization Services Products, Services and Solutions
5.13.4 Infosys Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.13.5 Infosys Recent Developments
5.14 DXC
5.14.1 DXC Profile
5.14.2 DXC Main Business
5.14.3 DXC Application Modernization Services Products, Services and Solutions
5.14.4 DXC Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.14.5 DXC Recent Developments
5.15 TSRI
5.15.1 TSRI Profile
5.15.2 TSRI Main Business
5.15.3 TSRI Application Modernization Services Products, Services and Solutions
5.15.4 TSRI Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.15.5 TSRI Recent Developments
5.16 Modern Systems
5.16.1 Modern Systems Profile
5.16.2 Modern Systems Main Business
5.16.3 Modern Systems Application Modernization Services Products, Services and Solutions
5.16.4 Modern Systems Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.16.5 Modern Systems Recent Developments
5.17 Micro Focus
5.17.1 Micro Focus Profile
5.17.2 Micro Focus Main Business
5.17.3 Micro Focus Application Modernization Services Products, Services and Solutions
5.17.4 Micro Focus Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.17.5 Micro Focus Recent Developments
5.18 Semantic Designs
5.18.1 Semantic Designs Profile
5.18.2 Semantic Designs Main Business
5.18.3 Semantic Designs Application Modernization Services Products, Services and Solutions
5.18.4 Semantic Designs Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.18.5 Semantic Designs Recent Developments
5.19 Evolveware
5.19.1 Evolveware Profile
5.19.2 Evolveware Main Business
5.19.3 Evolveware Application Modernization Services Products, Services and Solutions
5.19.4 Evolveware Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.19.5 Evolveware Recent Developments
5.20 Mapador
5.20.1 Mapador Profile
5.20.2 Mapador Main Business
5.20.3 Mapador Application Modernization Services Products, Services and Solutions
5.20.4 Mapador Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.20.5 Mapador Recent Developments
5.21 Fresche Solutions
5.21.1 Fresche Solutions Profile
5.21.2 Fresche Solutions Main Business
5.21.3 Fresche Solutions Application Modernization Services Products, Services and Solutions
5.21.4 Fresche Solutions Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.21.5 Fresche Solutions Recent Developments
5.22 Asysco (Avanade)
5.22.1 Asysco (Avanade) Profile
5.22.2 Asysco (Avanade) Main Business
5.22.3 Asysco (Avanade) Application Modernization Services Products, Services and Solutions
5.22.4 Asysco (Avanade) Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.22.5 Asysco (Avanade) Recent Developments
5.23 Expersolve (Ensono)
5.23.1 Expersolve (Ensono) Profile
5.23.2 Expersolve (Ensono) Main Business
5.23.3 Expersolve (Ensono) Application Modernization Services Products, Services and Solutions
5.23.4 Expersolve (Ensono) Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.23.5 Expersolve (Ensono) Recent Developments
5.24 Metaware (Inetum)
5.24.1 Metaware (Inetum) Profile
5.24.2 Metaware (Inetum) Main Business
5.24.3 Metaware (Inetum) Application Modernization Services Products, Services and Solutions
5.24.4 Metaware (Inetum) Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.24.5 Metaware (Inetum) Recent Developments
5.25 Freesoft
5.25.1 Freesoft Profile
5.25.2 Freesoft Main Business
5.25.3 Freesoft Application Modernization Services Products, Services and Solutions
5.25.4 Freesoft Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.25.5 Freesoft Recent Developments
5.26 Language Portability Solutions
5.26.1 Language Portability Solutions Profile
5.26.2 Language Portability Solutions Main Business
5.26.3 Language Portability Solutions Application Modernization Services Products, Services and Solutions
5.26.4 Language Portability Solutions Application Modernization Services Revenue (US$ Million) & (2018-2023)
5.26.5 Language Portability Solutions Recent Developments
6 North America
6.1 North America Application Modernization Services Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Application Modernization Services Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Application Modernization Services Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Application Modernization Services Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Application Modernization Services Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Application Modernization Services Market Dynamics
11.1 Application Modernization Services Industry Trends
11.2 Application Modernization Services Market Drivers
11.3 Application Modernization Services Market Challenges
11.4 Application Modernization Services Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List

Published By : QY Research

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