Enterprise Agile Transformation Services Market to Grow at a CAGR of 19.5% to Reach USD 63.83 billion by 2026

Allied Market Research published a new report, titled, "Enterprise Agile Transformation Services Market to Grow at a CAGR of 19.5% to Reach USD 63.83 billion by 2026." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

Increased in need for accelerated product development, growth of the IoT sector, and surge in need to improve teamwork and communication in enterprise drive the growth of the global enterprise agile transformation services market. The market across the Asia-Pacific region is projected to portray the highest CAGR of 22.1% during the forecast period. On the other hand, the scrum segment dominated the market in 2018, accounting for more than half of the market.

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The global enterprise agile transformation services market is segmented on the basis of methodology, service type, organization size, industry vertical, and geography. Based on methodology, the market is divided into scrum, scrum/XP, scrumban, Kanban, custom hybrid, and others. The scrum segment dominated the market in 2018, accounting for more than half of the market, owing to increase in the adoption of scrum by various software development companies to improve performance. However, the Kanban segment is projected to manifest the highest CAGR of 22.7% during the forecast period.

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The global enterprise agile transformation services market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across the Asia-Pacific region is projected to portray the highest CAGR of 22.1% during the forecast period. However, the market across North America held the largest share in 2018, accounting for two-fifths of the market.The major market players such as Agile Sparks, Broadcom Inc., Endava Plc, Hexaware, Technologies Limited, International Business Machines Corporation, LeadingAgile, Cognizant Technology Solutions Corporation, Symphony Solutions, Xebia Group, and Access AVENUE- A S.

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Key Findings of the Market:

• By methodology, the scrum segment led the enterprise agile transformation services market size in terms of revenue in 2018.

• By organization size, the large enterprises accounted for the highest market share in 2018.

• By region, North America generated the highest revenue in 2018.

• Depending on industry vertical, the IT & telecom segment is anticipated to exhibit substantial growth during the forecast period.

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