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. According to our (Global Info Research) latest study, the global Application Modernization Services market size was valued at USD 19180 million in 2022 and is forecast to a readjusted size of USD 49340 million by 2029 with a CAGR of 14.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Global Application Modernization Services key players include IBM, Atos, Cognizant, Accenture, etc. Global top four manufacturers hold a share over 55%. United States is the largest market, with a share about 35%, followed by Europe and China, both have a share about 35 percent. In terms of product, Cobol is the largest segment, with a share over 60%. And in terms of application, the largest application is Emulation, followed by Translation, Business rules extraction, etc. This report is a detailed and comprehensive analysis for global Application Modernization Services market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global Application Modernization Services market size and forecasts, in consumption value ($ Million), 2018-2029 Global Application Modernization Services market size and forecasts by region and country, in consumption value ($ Million), 2018-2029 Global Application Modernization Services market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029 Global Application Modernization Services market shares of main players, in revenue ($ Million), 2018-2023 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Application Modernization Services To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Application Modernization Services market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Accenture, Atos, Bell Integrator, Capgemini and Cognizant, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market segmentation Application Modernization Services market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Type Cobol ADA PL/1 RPG Assembler PowerBuilder Others Market segment by Application Emulation Translation Business Rules Extraction Market segment by players, this report covers Accenture Atos Bell Integrator Capgemini Cognizant Fujitsu HCL IBM Macrosoft Inc. Tech Mahindra TCS Wipro Infosys DXC Blu Age TSRI Modern Systems Trinity Millennium Micro Focus Software Mining Semantic Designs Evolveware Mapador Fresche Solutions Inc. Asysco Expersolve Metaware MOST Technologies Freesoft Language Portability Solutions Market segment by regions, regional analysis covers North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific) South America (Brazil, Argentina and Rest of South America) Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa) The content of the study subjects, includes a total of 13 chapters: Chapter 1, to describe Application Modernization Services product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top players of Application Modernization Services, with revenue, gross margin and global market share of Application Modernization Services from 2018 to 2023. Chapter 3, the Application Modernization Services competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast. Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029. Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Application Modernization Services market forecast, by regions, type and application, with consumption value, from 2024 to 2029. Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War Chapter 12, the key raw materials and key suppliers, and industry chain of Application Modernization Services. Chapter 13, to describe Application Modernization Services research findings and conclusion.
1 Market Overview 1.1 Product Overview and Scope of Application Modernization Services 1.2 Market Estimation Caveats and Base Year 1.3 Classification of Application Modernization Services by Type 1.3.1 Overview: Global Application Modernization Services Market Size by Type: 2018 Versus 2022 Versus 2029 1.3.2 Global Application Modernization Services Consumption Value Ma
