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Application Transformation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global application transformation market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Application transformation refers to the process of updating existing business-critical applications to meet the current requirements of the organizations. It involves assessing the software and application platforms and migrating to cloud and hybrid environments. Some of the commonly used application transformation solutions include cloud application migration, user interface (UI) modernization, application portfolio assessment and post-modernization services. These transformation solutions are also utilized for optimizing the applications to meet the government and compliance requirements. Application transformation can aid in enhancing the overall operational reliability, automating delivery and minimizing the cost of maintaining the infrastructure. As a result, it finds extensive applications across various industries, including banking, financial services and insurance (BFSI), manufacturing, healthcare, retail, information technology (IT) and telecommunication.

Application Transformation Market Trends:

Significant growth in the IT industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, the widespread adoption of cloud computing and big data technologies in small, medium and large-sized organizations is providing a thrust to the market growth. Organizations are extensively utilizing application transformation solutions for operating in agile environments and mitigating the risks and challenges associated with the existing systems. In line with this, the rapid modernization of brick-and-mortar retail stores is also contributing to the growth of the market. Retailers are increasingly utilizing digital and social media solutions to reach a wider consumer base and attract more customers. Additionally, various technological advancements, such as the integration of connected devices with the Internet of Things (IoT), 5G and edge computing solutions, for real-time analytics, improved collaboration, data consistency and process flexibility is favoring the market growth. Other factors, including the increasing penetration of high-speed internet, along with the emerging trend of legacy modernization, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global application transformation market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on service type, enterprise size and end use industry.

Breakup by Service Type:

  • Cloud Application Migration
  • Application Integration
  • Application Replatforming
  • Application Portfolio Assessment
  • UI/UX Modernizations
  • Others
     

Breakup by Enterprise Size:

  • Large Enterprises
  • Small and Medium-sized Enterprises
     

Breakup by End Use Industry:

  • BFSI
  • IT and Telecom
  • Government
  • Healthcare
  • Retail
  • Manufacturing
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Accenture plc, Atos SE, Capgemini SE, Cognizant, Fujitsu Limited, HCL Technologies Limited (HCL Enterprise), Infosys Limited, International Business Machines Corporation, Micro Focus International plc, Microsoft Corporation, Oracle Corporation, Tata Consultancy Services Limited and Unisys Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Service Type, Enterprise Size, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Accenture plc, Atos SE, Capgemini SE, Cognizant, Fujitsu Limited, HCL Technologies Limited (HCL Enterprise), Infosys Limited, International Business Machines Corporation, Micro Focus International plc, Microsoft Corporation, Oracle Corporation, Tata Consultancy Services Limited and Unisys Corporation.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global application transformation market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global application transformation market?
  • What are the key regional markets?
  • What is the breakup of the market based on the service type?
  • What is the breakup of the market based on the enterprise size?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global application transformation market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Application Transformation Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Service Type
    6.1    Cloud Application Migration
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Application Integration
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Application Replatforming
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Application Portfolio Assessment
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    UI/UX Modernizations
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Others
        6.6.1 Market Trends
        6.6.2 Market Forecast
7    Market Breakup by Enterprise Size
    7.1    Large Enterprises
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Small and Medium-sized Enterprises
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by End Use Industry
    8.1    BFSI
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    IT and Telecom
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Government
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Healthcare
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Retail
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Manufacturing
        8.6.1 Market Trends
        8.6.2 Market Forecast
    8.7    Others
        8.7.1 Market Trends
        8.7.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Accenture plc
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Atos SE
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Capgemini SE
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Cognizant
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    Fujitsu Limited
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    HCL Technologies Limited (HCL Enterprise)
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Infosys Limited
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    International Business Machines Corporation
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Micro Focus International plc
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
        14.3.10    Microsoft Corporation
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Oracle Corporation
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis
        14.3.12    Tata Consultancy Services Limited
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials
           14.3.12.4 SWOT Analysis
        14.3.13    Unisys Corporation
           14.3.13.1 Company Overview
           14.3.13.2 Product Portfolio
           14.3.13.3 Financials
           14.3.13.4 SWOT Analysis

List of Figures

Figure 1: Global: Application Transformation Market: Major Drivers and Challenges
Figure 2: Global: Application Transformation Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Application Transformation Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Application Transformation Market: Breakup by Service Type (in %), 2020
Figure 5: Global: Application Transformation Market: Breakup by Enterprise Size (in %), 2020
Figure 6: Global: Application Transformation Market: Breakup by End Use Industry (in %), 2020
Figure 7: Global: Application Transformation Market: Breakup by Region (in %), 2020
Figure 8: Global: Application Transformation (Cloud Application Migration) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Application Transformation (Cloud Application Migration) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Application Transformation (Application Integration) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Application Transformation (Application Integration) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Application Transformation (Application Replatforming) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Application Transformation (Application Replatforming) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Application Transformation (Application Portfolio Assessment) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Application Transformation (Application Portfolio Assessment) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Application Transformation (UI/UX Modernizations) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Application Transformation (UI/UX Modernizations) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Application Transformation (Other Service Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Application Transformation (Other Service Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Application Transformation (Large Enterprises) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Application Transformation (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Application Transformation (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Application Transformation (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Application Transformation (BFSI) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Application Transformation (BFSI) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Application Transformation (IT and Telecom) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Application Transformation (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Application Transformation (Government) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Application Transformation (Government) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Application Transformation (Healthcare) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Application Transformation (Healthcare) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Global: Application Transformation (Retail) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Global: Application Transformation (Retail) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Global: Application Transformation (Manufacturing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Global: Application Transformation (Manufacturing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Global: Application Transformation (Other End Use Industries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Global: Application Transformation (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: North America: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: North America: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: United States: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: United States: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Canada: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Canada: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Asia-Pacific: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Asia-Pacific: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: China: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: China: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Japan: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Japan: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: India: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: India: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: South Korea: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: South Korea: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Australia: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Australia: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Indonesia: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Indonesia: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Others: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Others: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Europe: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Europe: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Germany: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Germany: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: France: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: France: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: United Kingdom: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: United Kingdom: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Italy: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Italy: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Spain: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Spain: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Russia: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Russia: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Others: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Others: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Latin America: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Latin America: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Brazil: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Brazil: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 80: Mexico: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 81: Mexico: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 82: Others: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 83: Others: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 84: Middle East and Africa: Application Transformation Market: Sales Value (in Million US$), 2015 & 2020
Figure 85: Middle East and Africa: Application Transformation Market: Breakup by Country (in %), 2020
Figure 86: Middle East and Africa: Application Transformation Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 87: Global: Application Transformation Industry: SWOT Analysis
Figure 88: Global: Application Transformation Industry: Value Chain Analysis
Figure 89: Global: Application Transformation Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Application Transformation Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Application Transformation Market Forecast: Breakup by Service Type (in Million US$), 2021-2026
Table 3: Global: Application Transformation Market Forecast: Breakup by Enterprise Size (in Million US$), 2021-2026
Table 4: Global: Application Transformation Market Forecast: Breakup by End Use Industry (in Million US$), 2021-2026
Table 5: Global: Application Transformation Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Application Transformation Market: Competitive Structure
Table 7: Global: Application Transformation Market: Key Players

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