Global Application Transformation Market Growth (Status and Outlook) 2023-2029

Global Application Transformation Market Growth (Status and Outlook) 2023-2029

Application transformation is an umbrella term that encompasses everything from reducing the number of applications within an enterprise to moving applications to the cloud to ensuring that apps meet updated compliance and governance requirements. The transformation process often involves the establishment of an application portfolio and management program.

LPI (LP Information)' newest research report, the “Application Transformation Industry Forecast” looks at past sales and reviews total world Application Transformation sales in 2022, providing a comprehensive analysis by region and market sector of projected Application Transformation sales for 2023 through 2029. With Application Transformation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Application Transformation industry.

This Insight Report provides a comprehensive analysis of the global Application Transformation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Application Transformation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Application Transformation market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Application Transformation and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Application Transformation.

The global Application Transformation market size is projected to grow from US$ 9686.9 million in 2022 to US$ 16790 million in 2029; it is expected to grow at a CAGR of 8.2% from 2023 to 2029.

Evolving customer needs are forcing companies to innovate quickly. However, most developers in the world are still using old tools to handle legacy applications on obsolete platforms. Wanting to migrate to the cloud is often hampered by a combination of complex applications that are tightly coupled and missing documents. Moreover, companies are filled with manual, cumbersome processes designed to minimize risk and maintain compliance, which is the most important impediment. As a result, software can't be released frequently, and publishing is extremely time consuming.

This report presents a comprehensive overview, market shares, and growth opportunities of Application Transformation market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Cloud Application Migration
Application Replatforming
Application Integration

Segmentation by application
Retail
IT & Telecom
Government
Healthcare
Manufacturing

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Atos
Tech Mahindra
Fujitsu
HCL
Cognizant
Pivotal Software
Accenture
IBM
TCS
Asysco
Unisys
Hexaware
Oracle
Micro Focus
Bell Integrator
Macrosoft

Please note: The report will take approximately 2 business days to prepare and deliver.