A Market Report on India's Enterprise Agile Transformation Services: Adapting to Change

As per the report published by Allied Market Research, the India enterprise agile transformation services market generated $478.18 million in 2021, and is estimated to reach $3.29 billion by 2031, growing at a CAGR of 21.6% from 2022 to 2031.

The report provides an in-depth analysis of top segments, changing market trends, value chain, key investment pockets, competitive scenario, and regional landscape. The report is an essential and helpful source of information for leading market players, investors, new entrants, and stakeholders in formulating new strategies for the future and taking steps to strengthen their position in the market.

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Enterprise agile transformation services refer to an organization's long-term objectives for changing its product delivery processes and culture. The transition from traditional approaches to agile methodologies requires a variety of services, including coaching, assessments, planning, and others. The agile transformation services also enhance operational performance visibility.

Furthermore, upsurge in need for faster time-to-market in product development, continuous changes in business needs, and increase in need for better communication & collaboration among businesses, along with the rise in shift from traditional transformation toward agile transformation are the key factors that drive the growth of the India Enterprise Agile Transformation Services Market.

Several benefits of agile transformation, such as reduced costs, more flexibility, quicker time to release, better predictability & quality, and early risk detection boost the adoption of this process among organizations. However, certain issues associated with the adoption of agile transformation, such as structural complexities and other architectural complexities are expected to hinder the growth of the market.

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Depending on the organization size, the large enterprise segment dominated the India enterprise agile transformation services market share in 2021 and is expected to continue this trend during the forecast period, owing to the increase in dependence on enterprise agile transformation solutions due to its organizational advantages such as it continuously improve on and deliver value for customers. However, the SMEs segment is expected to witness the highest growth in the upcoming years, owing to the increase in investments by the market players to develop enterprise agile transformation services for SMEs.

Based on methodology, the scrum segment held the lion's share in 2021, accounting for more than half of the market. However, the kanban segment is expected to manifest the highest CAGR of 24.9% during the forecast period.

Based on service type, the agile consulting segment dominated the market in 2021, contributing to more than half of the market. On the contrary, the agile development segment is expected to register the highest CAGR of 23.2% during the forecast period.

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Based on enterprise size, the large enterprises segment held the largest share in 2021, accounting for nearly three-fourths of the market. However, the SMEs segment is projected to showcase the highest CAGR of 23.7% during the forecast period.

Region-wise, the India enterprise agile transformation services market was dominated by North America in 2021 and is expected to retain its position during the forecast period, owing to the rising need for accelerated product development, increase in need for improved collaboration & communication aiding the growth of the India enterprise agile transformation services market.

However, Asia Pacific is expected to witness significant growth during the forecast period, owing to organizations across this region shifting from traditional services to agile services, supported by its benefits such as improved collaboration & communication, high ROI, early risk detection capabilities, and reduced costs associated with management & product development, which is expected to fuel the market growth in this region.

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The India Enterprise Agile Transformation Services Market is dominated by key players such as Agile Sparks, Broadcom Inc., Endava Plc, Hexaware Technologies Limited, International Business Machines Corporation, LeadingAgile, Symphony Solutions, Xebia Group, Cognizant Technology Solutions Corporation, Infosys Limited, and Infostretch Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

The COVID-19 pandemic exerted a favorable influence on the enterprise agile transformation service market, heightening awareness among end-users of the imperative to embrace agility for survival during the crisis. Traditional business and operational frameworks faced considerable pressure. In response, organizations turned to remote work, reevaluated consumer service strategies, crafted new business models, enhanced technical proficiencies, assembled cross-functional teams, and forged partnerships. Entities that adopted an intelligent operational paradigm (integrating agility, purposeful direction, and innovative work methodologies with technology) proved instrumental in crisis navigation.

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