Press release
Enterprise Agile Transformation Services Market Competitive Landscape And Growth Forecast 2024-2033
Enterprise Agile Transformation Services Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $81.48 billion In 2028 At A CAGR Of 18.6% :
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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Enterprise Agile Transformation Services Market Major Segments
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
Key Driver - IoT Surge Fuels Enterprise Agile Transformation Services Market Growth
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.
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Prominent Trend - Advancements In Enterprise Agile Transportation Services Market
Major companies operating in the enterprise agile transportation services market are developing advanced technologies, such as enterprise agile transformation solutions, to meet larger customer bases, increase sales, and increase revenue. Enterprise agile transformation solutions are a comprehensive set of tools, methodologies, and services designed to help organizations adopt agile principles and practices across all levels of their business. For instance, in August 2023, Apptio, a US-based software company, launched Targetprocess Solutions to accelerate agile transformations and shift from project- to product-based approaches. The distinctive feature of Targetprocess Solutions lies in its incorporation of templates facilitating seamless transitions from project-based to product-based funding models and the integration of SAFe 6.0 Agile standards. With harnessing Apptio Targetprocess' renowned budgeting and financial management capabilities, this latest release empowers organizations to accelerate SAFe adoption tailored to their specific environments, ensuring swift time-to-value realization.
Enterprise Agile Transformation Services 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
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Largest And Fastest Growing Region In The Market
North America was the largest region in the enterprise agile transformation services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the enterprise agile transformation services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Enterprise Agile Transformation Services Market Report Structure
3. Enterprise Agile Transformation Services Market Trends And Strategies
4. Enterprise Agile Transformation Services Market - Macro Economic Scenario
5. Enterprise Agile Transformation Services Market Size And Growth
…..
27. Enterprise Agile Transformation Services Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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