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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 was valued at US$ 18640 million in 2023 and is anticipated to reach US$ 50440 million by 2030, witnessing a CAGR of 15.1% during the forecast period 2024-2030.
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%.
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.
Report Scope
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.
The report will help the Application Modernization Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. 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: Introduces executive summary of global market size, regional market size, 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 3: Detailed analysis of Application Modernization Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Application Modernization Services Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Cobol
1.2.3 ADA
1.2.4 PL/1
1.2.5 RPG
1.2.6 Assembler
1.2.7 PowerBuilder
1.2.8 Others
1.3 Market by Application
1.3.1 Global Application Modernization Services Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Emulation
1.3.3 Translation
1.3.4 Business Rules Extraction
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Application Modernization Services Market Perspective (2019-2030)
2.2 Application Modernization Services Growth Trends by Region
2.2.1 Global Application Modernization Services Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Application Modernization Services Historic Market Size by Region (2019-2024)
2.2.3 Application Modernization Services Forecasted Market Size by Region (2025-2030)
2.3 Application Modernization Services Market Dynamics
2.3.1 Application Modernization Services Industry Trends
2.3.2 Application Modernization Services Market Drivers
2.3.3 Application Modernization Services Market Challenges
2.3.4 Application Modernization Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Application Modernization Services Players by Revenue
3.1.1 Global Top Application Modernization Services Players by Revenue (2019-2024)
3.1.2 Global Application Modernization Services Revenue Market Share by Players (2019-2024)
3.2 Global Application Modernization Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Application Modernization Services Revenue
3.4 Global Application Modernization Services Market Concentration Ratio
3.4.1 Global Application Modernization Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Application Modernization Services Revenue in 2023
3.5 Application Modernization Services Key Players Head office and Area Served
3.6 Key Players Application Modernization Services Product Solution and Service
3.7 Date of Enter into Application Modernization Services Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Application Modernization Services Breakdown Data by Type
4.1 Global Application Modernization Services Historic Market Size by Type (2019-2024)
4.2 Global Application Modernization Services Forecasted Market Size by Type (2025-2030)
5 Application Modernization Services Breakdown Data by Application
5.1 Global Application Modernization Services Historic Market Size by Application (2019-2024)
5.2 Global Application Modernization Services Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Application Modernization Services Market Size (2019-2030)
6.2 North America Application Modernization Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Application Modernization Services Market Size by Country (2019-2024)
6.4 North America Application Modernization Services Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Application Modernization Services Market Size (2019-2030)
7.2 Europe Application Modernization Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Application Modernization Services Market Size by Country (2019-2024)
7.4 Europe Application Modernization Services Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Application Modernization Services Market Size (2019-2030)
8.2 Asia-Pacific Application Modernization Services Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Application Modernization Services Market Size by Region (2019-2024)
8.4 Asia-Pacific Application Modernization Services Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Application Modernization Services Market Size (2019-2030)
9.2 Latin America Application Modernization Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Application Modernization Services Market Size by Country (2019-2024)
9.4 Latin America Application Modernization Services Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Application Modernization Services Market Size (2019-2030)
10.2 Middle East & Africa Application Modernization Services Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Application Modernization Services Market Size by Country (2019-2024)
10.4 Middle East & Africa Application Modernization Services Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Accenture
11.1.1 Accenture Company Detail
11.1.2 Accenture Business Overview
11.1.3 Accenture Application Modernization Services Introduction
11.1.4 Accenture Revenue in Application Modernization Services Business (2019-2024)
11.1.5 Accenture Recent Development
11.2 Atos
11.2.1 Atos Company Detail
11.2.2 Atos Business Overview
11.2.3 Atos Application Modernization Services Introduction
11.2.4 Atos Revenue in Application Modernization Services Business (2019-2024)
11.2.5 Atos Recent Development
11.3 Bell Integrator
11.3.1 Bell Integrator Company Detail
11.3.2 Bell Integrator Business Overview
11.3.3 Bell Integrator Application Modernization Services Introduction
11.3.4 Bell Integrator Revenue in Application Modernization Services Business (2019-2024)
11.3.5 Bell Integrator Recent Development
11.4 Capgemini
11.4.1 Capgemini Company Detail
11.4.2 Capgemini Business Overview
11.4.3 Capgemini Application Modernization Services Introduction
11.4.4 Capgemini Revenue in Application Modernization Services Business (2019-2024)
11.4.5 Capgemini Recent Development
11.5 Cognizant
11.5.1 Cognizant Company Detail
11.5.2 Cognizant Business Overview
11.5.3 Cognizant Application Modernization Services Introduction
11.5.4 Cognizant Revenue in Application Modernization Services Business (2019-2024)
11.5.5 Cognizant Recent Development
11.6 Fujitsu
11.6.1 Fujitsu Company Detail
11.6.2 Fujitsu Business Overview
11.6.3 Fujitsu Application Modernization Services Introduction
11.6.4 Fujitsu Revenue in Application Modernization Services Business (2019-2024)
11.6.5 Fujitsu Recent Development
11.7 HCL Technologies
11.7.1 HCL Technologies Company Detail
11.7.2 HCL Technologies Business Overview
11.7.3 HCL Technologies Application Modernization Services Introduction
11.7.4 HCL Technologies Revenue in Application Modernization Services Business (2019-2024)
11.7.5 HCL Technologies Recent Development
11.8 IBM
11.8.1 IBM Company Detail
11.8.2 IBM Business Overview
11.8.3 IBM Application Modernization Services Introduction
11.8.4 IBM Revenue in Application Modernization Services Business (2019-2024)
11.8.5 IBM Recent Development
11.9 Macrosoft
11.9.1 Macrosoft Company Detail
11.9.2 Macrosoft Business Overview
11.9.3 Macrosoft Application Modernization Services Introduction
11.9.4 Macrosoft Revenue in Application Modernization Services Business (2019-2024)
11.9.5 Macrosoft Recent Development
11.10 Tech Mahindra
11.10.1 Tech Mahindra Company Detail
11.10.2 Tech Mahindra Business Overview
11.10.3 Tech Mahindra Application Modernization Services Introduction
11.10.4 Tech Mahindra Revenue in Application Modernization Services Business (2019-2024)
11.10.5 Tech Mahindra Recent Development
11.11 TCS
11.11.1 TCS Company Detail
11.11.2 TCS Business Overview
11.11.3 TCS Application Modernization Services Introduction
11.11.4 TCS Revenue in Application Modernization Services Business (2019-2024)
11.11.5 TCS Recent Development
11.12 Wipro
11.12.1 Wipro Company Detail
11.12.2 Wipro Business Overview
11.12.3 Wipro Application Modernization Services Introduction
11.12.4 Wipro Revenue in Application Modernization Services Business (2019-2024)
11.12.5 Wipro Recent Development
11.13 Infosys
11.13.1 Infosys Company Detail
11.13.2 Infosys Business Overview
11.13.3 Infosys Application Modernization Services Introduction
11.13.4 Infosys Revenue in Application Modernization Services Business (2019-2024)
11.13.5 Infosys Recent Development
11.14 DXC
11.14.1 DXC Company Detail
11.14.2 DXC Business Overview
11.14.3 DXC Application Modernization Services Introduction
11.14.4 DXC Revenue in Application Modernization Services Business (2019-2024)
11.14.5 DXC Recent Development
11.15 TSRI
11.15.1 TSRI Company Detail
11.15.2 TSRI Business Overview
11.15.3 TSRI Application Modernization Services Introduction
11.15.4 TSRI Revenue in Application Modernization Services Business (2019-2024)
11.15.5 TSRI Recent Development
11.16 Modern Systems
11.16.1 Modern Systems Company Detail
11.16.2 Modern Systems Business Overview
11.16.3 Modern Systems Application Modernization Services Introduction
11.16.4 Modern Systems Revenue in Application Modernization Services Business (2019-2024)
11.16.5 Modern Systems Recent Development
11.17 Micro Focus
11.17.1 Micro Focus Company Detail
11.17.2 Micro Focus Business Overview
11.17.3 Micro Focus Application Modernization Services Introduction
11.17.4 Micro Focus Revenue in Application Modernization Services Business (2019-2024)
11.17.5 Micro Focus Recent Development
11.18 Semantic Designs
11.18.1 Semantic Designs Company Detail
11.18.2 Semantic Designs Business Overview
11.18.3 Semantic Designs Application Modernization Services Introduction
11.18.4 Semantic Designs Revenue in Application Modernization Services Business (2019-2024)
11.18.5 Semantic Designs Recent Development
11.19 Evolveware
11.19.1 Evolveware Company Detail
11.19.2 Evolveware Business Overview
11.19.3 Evolveware Application Modernization Services Introduction
11.19.4 Evolveware Revenue in Application Modernization Services Business (2019-2024)
11.19.5 Evolveware Recent Development
11.20 Mapador
11.20.1 Mapador Company Detail
11.20.2 Mapador Business Overview
11.20.3 Mapador Application Modernization Services Introduction
11.20.4 Mapador Revenue in Application Modernization Services Business (2019-2024)
11.20.5 Mapador Recent Development
11.21 Fresche Solutions
11.21.1 Fresche Solutions Company Detail
11.21.2 Fresche Solutions Business Overview
11.21.3 Fresche Solutions Application Modernization Services Introduction
11.21.4 Fresche Solutions Revenue in Application Modernization Services Business (2019-2024)
11.21.5 Fresche Solutions Recent Development
11.22 Asysco (Avanade)
11.22.1 Asysco (Avanade) Company Detail
11.22.2 Asysco (Avanade) Business Overview
11.22.3 Asysco (Avanade) Application Modernization Services Introduction
11.22.4 Asysco (Avanade) Revenue in Application Modernization Services Business (2019-2024)
11.22.5 Asysco (Avanade) Recent Development
11.23 Expersolve (Ensono)
11.23.1 Expersolve (Ensono) Company Detail
11.23.2 Expersolve (Ensono) Business Overview
11.23.3 Expersolve (Ensono) Application Modernization Services Introduction
11.23.4 Expersolve (Ensono) Revenue in Application Modernization Services Business (2019-2024)
11.23.5 Expersolve (Ensono) Recent Development
11.24 Metaware (Inetum)
11.24.1 Metaware (Inetum) Company Detail
11.24.2 Metaware (Inetum) Business Overview
11.24.3 Metaware (Inetum) Application Modernization Services Introduction
11.24.4 Metaware (Inetum) Revenue in Application Modernization Services Business (2019-2024)
11.24.5 Metaware (Inetum) Recent Development
11.25 Freesoft
11.25.1 Freesoft Company Detail
11.25.2 Freesoft Business Overview
11.25.3 Freesoft Application Modernization Services Introduction
11.25.4 Freesoft Revenue in Application Modernization Services Business (2019-2024)
11.25.5 Freesoft Recent Development
11.26 Language Portability Solutions
11.26.1 Language Portability Solutions Company Detail
11.26.2 Language Portability Solutions Business Overview
11.26.3 Language Portability Solutions Application Modernization Services Introduction
11.26.4 Language Portability Solutions Revenue in Application Modernization Services Business (2019-2024)
11.26.5 Language Portability Solutions Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research