Application Modernization Services Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

Application Modernization Services Market Size

The global Application Modernization Services revenue was US$ 18640 million in 2022 and is forecast to a readjusted size of US$ 50440 million by 2029 with a CAGR of 15.1% during the review period (2023-2029).

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Application Modernization Services Market Share

In North America, the key players of application modernization services include IBM, Cognizant, HCL, Infosys, etc. The top five players hold a share about 45% of North America market. United States is the largest market, has a share about 91%, followed by Canada, with share 9%.

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This report focuses on global and India Application Modernization Services market, also covers the segmentation data of other regions in regional level and county level.

India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for Application Modernization Services will continue to grow rapidly in the future.

Application Modernization Services market is segmented in regional and country level, by players, by Type and by Application. Companies, stakeholders, and other participants in the global Application Modernization Services market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2018-2029.

For India market, this report focuses on the Application Modernization Services market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.
By Type
• Cobol
• ADA
• PL/1
• RPG
• Assembler
• PowerBuilder

By Application
• Emulation
• Translation
• Business Rules Extraction

Key Companies
Atos, Bell Integrator, Capgemini, Cognizant, Fujitsu, HCL Technologies, IBM, Macrosoft, Tech Mahindra, TCS, Wipro, Infosys, DXC, TSRI, Modern Systems, Micro Focus, Semantic Designs, Evolveware, Mapador, Fresche Solutions, Asysco (Avanade), Expersolve (Ensono), Metaware (Inetum), Freesoft, Language Portability Solutions

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This release was published on openPR.