Press release
Enterprise Agile Transformation Services Market: Size, Share, Forecast To 2033
Enterprise Agile Transformation Services Market
The Business Research Company presents an extensive market research report on the Enterprise Agile Transformation Services Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The enterprise agile transformation services market size has grown rapidly in recent years. It will grow from $34.65 billion in 2023 to $41.2 billion in 2024 at a compound annual growth rate (CAGR) of 18.9%. The growth in the historic period can be attributed to business expansion, data center modernization, e-commerce growth, big data analytics, security concerns.
The enterprise agile transformation services market size is expected to see rapid growth in the next few years. It will grow to $81.48 billion in 2028 at a compound annual growth rate (CAGR) of 18.6%. The growth in the forecast period can be attributed to edge computing expansion, artificial intelligence (AI) integration, 5g network rollout, remote work infrastructure, sustainable computing. Major trends in the forecast period include cybersecurity measures, hybrid cloud optimization, virtualization technology, focus on energy efficiency and sustainability, adoption of composable infrastructure.
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Key Market Players:
Major companies operating in the enterprise agile transformation services market report are International Business Machines Corporation, Broadcom Incorporated, Capgemini SE, Cognizant, Insight Enterprise Inc., TEKsystems Inc., Bain & Company Inc., Atlassian Corporation, Xebia Group, Hexaware Technologies Limited, Endava PLC, Scaled Agile Inc., Eliassen Group LLC, Infostretch Corporation, Apptio Inc., Scrum Inc., Isos Technology, IC Agile LLC, Agile Business Consortium Limited, Leading Agile LLC, Symphony Solutions, Radixweb, AgileSparks, Lean Agile Institute, Apexon
Market Drivers:
The increasing adoption of the Internet of Things (IoT) is expected to propel the growth of the enterprise agile transformation services market going forward. The Internet of Things (IoT) is a network of physical devices embedded with sensors, software, and other technologies that allow them to connect and exchange data with other devices and systems over the Internet. The Internet of Things (IoT) is used in enterprise agile transformation services to optimize production processes, improve quality control, and predict maintenance needs. For instance, in September 2022, according to a report published by Ericsson, a Sweden-based telecommunications company, cellular IoT connections reached 3 billion by the end of 2023, with broadband IoT (4G/5G) accounting for over 1.6 billion of those connections. Additionally, North East Asia is expected to lead with over 2 billion cellular IoT connections. Therefore, the increasing adoption of the Internet of Things (IoT) is driving the growth of the enterprise agile transformation services market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/enterprise-agile-transformation-services-global-market-report
The enterprise agile transformation services market covered in this report is segmented -
1) By Service: Development Services, Consulting Services
2) By Methodology: Scrum, Scrum/XP, Scrumban, Kanban, Custom Hybrid
3) By Organization: Large Enterprises, Small and Medium-sized Enterprises
4) By Industry Vertical: IT and Telecom, BFSI (Banking, financial services and insurance), Retail, Media and Entertainment, Government and Public Sector, Manufacturing, Healthcare, Other Industrial Verticals
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