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Application Management Services Market 2017 -Profiles Leading Companies Accenture, IBM, Infosys, TCS , Atos SE, L&T InfoTech, Infosys Ltd.

08-27-2018 11:49 AM CET | IT, New Media & Software

Press release from: Research2reports

application management services market

application management services market

The Application Management Services Market size is expected to grow from USD 10.67 Billion in 2017 to USD 27.83 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 21.2%.

Application development and maintenance services are seeing dramatic changes in the latest technologies such as DevOps and legacy systems that help increase the demand for application lifecycle management services. As the industry matures, suppliers are expected to capitalize on market growth leveraging industry collaboration, platform integration, and strategic alliances. The industry is also expected to demonstrate the propensity of commercial off-the-shelf solutions and improve its geographic reach and customer portfolio through organic and inorganic expansion.

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Leading vendors in the market are -
Accenture
IBM
Infosys
TCS

Other prominent vendors in the Application Management Services Market include Atos Origin, Bourntec Solutions, Capgemini, Cognizant, CSC, Deloitte, Fujitsu, HP, Iblesoft, Ingenuity Technologies, L&T Infotech, Logica, Tech Mahindra, NTT Data, Wipro, and Xerox.

Segmentation by type and analysis
Discrete Application Management Services Market
Embedded Application Management Services Market

In 2016, the individual AMS market dominated the market and dominated the overall application market share. One of the key drivers driving growth in the global discrete AMS market is the need to reduce evolving business processes. Individual AMS offerings ensure that all projects are consistent with the organization's business strategy and measurement.

Geographical segmentation and analysis
North America
US
Canada
Europe
APAC
MEA
Latin America

It is a mature market for technology solutions and implementations; North America is expected to lead application services in scale. The irregular spread of emerging technologies in the region, such as the cloud, social media, analysis and digitization, is also responsible for large scale industries. And because the outsourcing industry is large and there is pressure to reduce IT costs, companies must look for alternatives to control their spending.

The research methodology used for application management services market forecasting and forecasting begins with data collection on key supplier revenue and market size of individual segments through secondary sources such as industry associations and trade journals. Supplier offerings are also considered to determine market segmentation. Bottom-up procedures have been adopted to reach market size in the individual services technology sector. After reaching the overall market size, the entire market was divided into multiple departments and sub-divisions and was verified through key research through extensive interviews with key industry figures such as CEOs, vice presidents, executives and management. Data triangulation and market segmentation procedures have been adopted to complete the entire market engineering process and to reach accurate statistics for all segments and sub-segments.

Key questions answered in the report include
What will the market size and the growth rate be in 2021?
What are the key factors driving the global AMS market?
What are the key market trends impacting the growth of the global AMS market?
What are the challenges to market growth?
Who are the key vendors in the global AMS market?
What are the market opportunities and threats faced by the vendors in the global AMS market?
Trending factors influencing the market shares of the Americas, APAC, and EMEA.
What are the key outcomes of the five forces analysis of the global AMS market?

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