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Key Trends Reshaping the Enterprise Agile Transformation Services Market: Advancements In Enterprise Agile Transportation Services Market Industry Transformation
Enterprise Agile Transformation Services Market Size
Enterprise Agile Transformation Services Market Size Growth Forecast: What to Expect by 2025?
The market size for enterprise agile transformation services has seen a fast-paced expansion in recent years. The market is set to rise from $41.2 billion in 2024 to $48.95 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 18.8%. The historic growth has been driven by factors such as business expansion, modernization of data centers, the rise of e-commerce, advancements in big data analytics, and security issues.
How Will the Enterprise Agile Transformation Services Market Size Evolve and Grow by 2029?
The market size of enterprise agile transformation services is predicted to surge significantly in the future years, reaching $96.69 billion in 2029 with a compound annual growth rate (CAGR) of 18.6%. The anticipated growth during the forecast timeframe can be ascribed to the expansion of edge computing, the incorporation of artificial intelligence (AI), the deployment of 5g networks, the development of remote work infrastructures, and sustainable computing. Key trends noticed during the forecast period encompass cybersecurity initiatives, optimization of hybrid clouds, advances in virtualization technology, emphasis on energy efficiency and sustainability, and the increasing adoption of composable infrastructure.
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What Drivers Are Propelling the Growth of Enterprise Agile Transformation Services Market Forward?
The enterprise agile transformation services market expansion is anticipated to be driven by the rising adoption of the Internet of Things (IoT). IoT refers to a network of physical devices equipped with sensors, software, and other tech, enabling them to connect and exchange information with other devices and systems via the Internet. The increased uptake of IoT is attributed to its capacity for smarter connectivity, enhanced efficiency, and offering real-time data insights across various business sectors like healare, manufacturing, and transportation. In the context of enterprise agile transformation services, IoT is utilized to streamline production processes, enhance quality control, and forecast maintenance requirements. For example, in September 2022, a report by Sweden's telecommunications company Ericsson showed that cellular IoT connections had peaked at 3 billion by end-2023, with broadband IoT (4G/5G) contributing to over 1.6 billion of these connections. Moreover, North East Asia is projected to lead, with over 2 billion cellular IoT connections. Consequently, the amplifying adoption of the Internet of Things (IoT) is propelling the enterprise agile transformation services market's growth.
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Which Emerging Trends Are Transforming the Enterprise Agile Transformation Services Market in 2025?
Major enterprises engaged in the enterprise agile transportation services market are creating sophisticated technologies, like enterprise agile transformation solutions, to cater to a wider customer base, elevate their sales, and boost their revenues. These solutions are a holistic package of tools, methodologies, and services curated to support organizations in implementing agile ideologies and practices at all operative tiers. For example, in August 2023, Apptio, a US-based software firm, rolled out Targetprocess Solutions to expedite agile transformations and transition from project-oriented to product-centric methods. Targetprocess Solutions' unique feature is its integration of templates that eases the transformation from a project to a product funding model. It also aligns with the SAFe 6.0 Agile standards. Utilizing Apptio Targetprocess' noted budgetary and fiscal management features, this new release enables organizations to expedite SAFe implementation, custom-made to their unique environments, guaranteeing immediate value realization.
What Are the Key Segments in the Enterprise Agile Transformation Services Market?
The enterprise agile transformation services market covered in this report is segmented -
1) By Service: Development Services, Consulting Services
2) By Methodology: Scrum, Scrum Or 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, Healare, Other Industrial Verticals
Subsegments:
1) By Development Services: Agile Software Development, Devops Implementation, Continuous Integration Or Continuous Deployment (CI Or CD), Custom Agile Tool Development
2) By Consulting Services: Agile Assessment And Strategy, Training And Workshops, Change Management Consulting, Coaching And Mentoring Services
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Who Are the Key Players Shaping the Enterprise Agile Transformation Services Market's Competitive Landscape?
Major companies operating in the enterprise agile transformation services market report are PLC, 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
What Geographic Markets Are Powering Growth in the Enterprise Agile Transformation Services Market?
North America was the largest region in the enterprise agile transformation services market in 2024. 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.
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