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Application Development and Integration Market by Product, Deployment, and Geography - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 158
  • SKU: IRTNTR73047
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The application development and integration market share is expected to increase by USD 78.59 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.93%.

This application development and integration market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers application development and integration market segmentations by product (application development and application integration), deployment (on-premise and cloud), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The application development and integration market report also offers information on several market vendors, including Accenture Plc, Atos SE, Capgemini Service SAS, Cognizant Technology Solutions Corp., Fujitsu Ltd., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Infosys Ltd., International Business Machines Corp., Larsen and Toubro Ltd., Mahindra and Mahindra Ltd., Microsoft Corp., Mindteck India Ltd., NTT DATA Corp., Oracle Corp., RSM International Association., SAP SE, Tata Consultancy Services Ltd., Unisys Corp., and Wipro Ltd. among others.

What will the Application Development and Integration Market Size be During the Forecast Period?

Application Development and Integration Market Size

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Application Development and Integration Market: Key Drivers, Trends, and Challenges

The advantage of cost reduction due to operational streamlining is notably driving the application development and integration market growth, although factors such as time and budget constraints may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the application development and integration industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Application Development and Integration Market Driver

The advantage of cost reduction due to operational streamlining is one of the key drivers supporting the application development and integration market growth. An enterprise is a heterogeneous setup of applications and systems in which the application development and integration tools help to achieve operational coherence and enable applications to work together for accomplishing end-business goals efficiently. Moreover, business activities are simplified in the process with better response time for any changes or amendments to business processes. Moreover, with the implementation of application development and integration systems, legacy IT systems in an industry can co-exist with the newer and more modern infrastructure. This leads to additional cost advantage as entire legacy setups are efficiently functional, though with minute modifications. Thus, the cost reduction advantage due to operational streamlining will drive the application development and integration market growth during the forecast period.

Key Application Development and Integration Market Trend

Worldwide penetration of iPaaS is one of the key application development and integration market trends that is contributing to the market growth. The traditional cloud solutions are inefficient in complex integration scenarios, primarily with legacy systems. Moreover, with various cloud services being offered in the market, these growing concerns about integration issues are expected to slow down the adoption and proliferation of SaaS technologies gradually. These nagging doubts about integration issues have primarily paved the way for the introduction of iPaaS, a comprehensive and scalable cloud integration solution to build custom integrations over the cloud and efficiently handle the complex integration scenarios across an enterprise. iPaaS has turned out to be a flexible, reliable, and highly scalable integration tool to seamlessly scale according to the changing integration requirements of an enterprise. Such factors of iPaaS are driving the application development and integration market growth.

Key Application Development and Integration Market Challenge

Time and budget constraints is one of the factors hindering the application development and integration market growth. The emergence of bring your own device (BYOD) and the mobility phenomenon has increased the complexity of applications that collaborate and interact with business processes. Time and cost constraints are witnessed more in the maintenance phase of these systems in the long term rather than in the initial deployment phase. Custom modifications to curate these systems exclusively for an enterprise are additional costs. Moreover, if applications undergo a version update or an upgrade, the standard interface must be reconfigured, and it is an additional cost burden on the enterprise. Consequently, the time and cost constraints for the deployment and maintenance of application development and integration systems are a significant challenge. Such challenges will limit the application development and integration market growth during the forecast period.

This application development and integration market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global application development and integration market as a part of the global application software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the application development and integration market during the forecast period.

Who are the Major Application Development and Integration Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Accenture Plc
  • Atos SE
  • Capgemini Service SAS
  • Cognizant Technology Solutions Corp.
  • Fujitsu Ltd.
  • HCL Technologies Ltd.
  • Hewlett Packard Enterprise Co.
  • Infosys Ltd.
  • International Business Machines Corp.
  • Larsen and Toubro Ltd.
  • Mahindra and Mahindra Ltd.
  • Microsoft Corp.
  • Mindteck India Ltd.
  • NTT DATA Corp.
  • Oracle Corp.
  • RSM International Association.
  • SAP SE
  • Tata Consultancy Services Ltd.
  • Unisys Corp.
  • Wipro Ltd.

 

This statistical study of the application development and integration market encompasses successful business strategies deployed by the key vendors. The application development and integration market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Accenture.com - The company offers services for application development and integration such as agile transformation, application management, and application modernization services that help in reimagining your application landscape, with speed and agility, while continuously innovating to realize business value.
  • Capgemini.com - The company offers services for application development and integration such as application development and maintenance proposition, future-proof its application landscape and enables business outcomes.
  • Cognizant.com - The company offers services for application development and integration such as application development, application modernization, application maintenance, application optimization and transformation, and application value management.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The application development and integration market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Application Development and Integration Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the application development and integration market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Application Development and Integration Market?

Application Development and Integration Market Market segmentation by region

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38% of the market's growth will originate from North America during the forecast period. The US is the key market for application development and integration market in North America. Market growth in this region will be slower than the growth of the market in APAC.

The increasing adoption of advanced technologies will facilitate the application development and integration market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 has propelled the growth of the market in North America. Lockdown norms across various industries have multiplied digital and online transactions. Therefore, companies in the region are using custom software to minimize risks and capitalize on the opportunities brought forth by the pandemic. Such factors will drive the regional application development and integration market during the forecast period.

What are the Revenue-generating Product Segments in the Application Development and Integration Market?

Application Development and Integration Market Segmentation

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The application development and integration market share growth by the application development segment will be significant during the forecast period. In 2021, the application development segment accounted for 84.10% of the total market. The primary factor responsible for this high market share is the ongoing business transformation across industries wherein business processes are being digitalized with the end goal of operational efficiency and process optimization. Moreover, as more business processes are digitalized, the application development segment is slated for further growth. The growing demand for customizable applications and systems for managing the application portfolio of an enterprise is one of the crucial factors attributing to the high market share of this segment. Thus, such factors of application development will drive the application development and integration market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the application development and integration market size and actionable market insights on post COVID-19 impact on each segment.

 

Application Development and Integration Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.93%

Market growth 2022-2026

$ 78.59 billion

Market structure

Fragmented

YoY growth (%)

6.11

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 38%

Key consumer countries

US, China, India, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Accenture Plc, Atos SE, Capgemini Service SAS, Cognizant Technology Solutions Corp., Fujitsu Ltd., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Infosys Ltd., International Business Machines Corp., Larsen and Toubro Ltd., Mahindra and Mahindra Ltd., Microsoft Corp., Mindteck India Ltd., NTT DATA Corp., Oracle Corp., RSM International Association., SAP SE, Tata Consultancy Services Ltd., Unisys Corp., and Wipro Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Application Development and Integration Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive application development and integration market growth during the next five years
  • Precise estimation of the application development and integration market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the application development and integration industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of application development and integration market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 25: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 26: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 27: Chart on Comparison by Product
      • Exhibit 28: Data Table on Comparison by Product
    • 5.3 Application development - Market size and forecast 2021-2026
      • Exhibit 29: Chart on Application development - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 30: Data Table on Application development - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 31: Chart on Application development - Year-over-year growth 2021-2026 (%)
      • Exhibit 32: Data Table on Application development - Year-over-year growth 2021-2026 (%)
    • 5.4 Application integration - Market size and forecast 2021-2026
      • Exhibit 33: Chart on Application integration - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 34: Data Table on Application integration - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 35: Chart on Application integration - Year-over-year growth 2021-2026 (%)
      • Exhibit 36: Data Table on Application integration - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Product
      • Exhibit 37: Market opportunity by Product ($ billion)

    6 Market Segmentation by Deployment

    • 6.1 Market segments
      • Exhibit 38: Chart on Deployment - Market share 2021-2026 (%)
      • Exhibit 39: Data Table on Deployment - Market share 2021-2026 (%)
    • 6.2 Comparison by Deployment
      • Exhibit 40: Chart on Comparison by Deployment
      • Exhibit 41: Data Table on Comparison by Deployment
    • 6.3 On-premise - Market size and forecast 2021-2026
      • Exhibit 42: Chart on On-premise - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 43: Data Table on On-premise - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 44: Chart on On-premise - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on On-premise - Year-over-year growth 2021-2026 (%)
    • 6.4 Cloud - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Cloud - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 47: Data Table on Cloud - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 48: Chart on Cloud - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Cloud - Year-over-year growth 2021-2026 (%)
    • 6.5 Market opportunity by Deployment
      • Exhibit 50: Market opportunity by Deployment ($ billion)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 52: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 53: Data Table on Market share by geography 2021-2026 (%)
    • 8.2 Geographic comparison
      • Exhibit 54: Chart on Geographic comparison
      • Exhibit 55: Data Table on Geographic comparison
    • 8.3 North America - Market size and forecast 2021-2026
      • Exhibit 56: Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 57: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 58: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 59: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 8.4 Europe - Market size and forecast 2021-2026
      • Exhibit 60: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 61: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 62: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 63: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 8.5 APAC - Market size and forecast 2021-2026
      • Exhibit 64: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 65: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 66: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 67: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 8.6 South America - Market size and forecast 2021-2026
      • Exhibit 68: Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 69: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 70: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 71: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 8.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 72: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 73: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 74: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 75: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 8.8 US - Market size and forecast 2021-2026
      • Exhibit 76: Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 77: Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 78: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 79: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 8.9 Germany - Market size and forecast 2021-2026
      • Exhibit 80: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 81: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 82: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 83: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 8.10 UK - Market size and forecast 2021-2026
      • Exhibit 84: Chart on UK - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 85: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 86: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 87: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 8.11 China - Market size and forecast 2021-2026
      • Exhibit 88: Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 89: Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 90: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 91: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 8.12 India - Market size and forecast 2021-2026
      • Exhibit 92: Chart on India - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 93: Data Table on India - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 94: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 95: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 8.13 Market opportunity by geography
      • Exhibit 96: Market opportunity by geography ($ billion)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 97: Impact of drivers and challenges in 2021 and 2026
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 98: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 99: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 100: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 101: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 102: Matrix on vendor position and classification
            • 11.3 Accenture Plc
              • Exhibit 103: Accenture Plc - Overview
              • Exhibit 104: Accenture Plc - Business segments
              • Exhibit 105: Accenture Plc - Key news
              • Exhibit 106: Accenture Plc - Key offerings
              • Exhibit 107: Accenture Plc - Segment focus
            • 11.4 Capgemini Service SAS
              • Exhibit 108: Capgemini Service SAS - Overview
              • Exhibit 109: Capgemini Service SAS - Business segments
              • Exhibit 110: Capgemini Service SAS - Key news
              • Exhibit 111: Capgemini Service SAS - Key offerings
              • Exhibit 112: Capgemini Service SAS - Segment focus
            • 11.5 Cognizant Technology Solutions Corp.
              • Exhibit 113: Cognizant Technology Solutions Corp. - Overview
              • Exhibit 114: Cognizant Technology Solutions Corp. - Business segments
              • Exhibit 115: Cognizant Technology Solutions Corp. - Key news
              • Exhibit 116: Cognizant Technology Solutions Corp. - Key offerings
              • Exhibit 117: Cognizant Technology Solutions Corp. - Segment focus
            • 11.6 Fujitsu Ltd.
              • Exhibit 118: Fujitsu Ltd. - Overview
              • Exhibit 119: Fujitsu Ltd. - Business segments
              • Exhibit 120: Fujitsu Ltd. - Key offerings
              • Exhibit 121: Fujitsu Ltd. - Segment focus
            • 11.7 Hewlett Packard Enterprise Co.
              • Exhibit 122: Hewlett Packard Enterprise Co. - Overview
              • Exhibit 123: Hewlett Packard Enterprise Co. - Business segments
              • Exhibit 124: Hewlett Packard Enterprise Co. - Key news
              • Exhibit 125: Hewlett Packard Enterprise Co. - Key offerings
              • Exhibit 126: Hewlett Packard Enterprise Co. - Segment focus
            • 11.8 Infosys Ltd.
              • Exhibit 127: Infosys Ltd. - Overview
              • Exhibit 128: Infosys Ltd. - Business segments
              • Exhibit 129: Infosys Ltd. - Key news
              • Exhibit 130: Infosys Ltd. - Key offerings
              • Exhibit 131: Infosys Ltd. - Segment focus
            • 11.9 International Business Machines Corp.
              • Exhibit 132: International Business Machines Corp. - Overview
              • Exhibit 133: International Business Machines Corp. - Business segments
              • Exhibit 134: International Business Machines Corp. - Key offerings
              • Exhibit 135: International Business Machines Corp. - Segment focus
            • 11.10 Microsoft Corp.
              • Exhibit 136: Microsoft Corp. - Overview
              • Exhibit 137: Microsoft Corp. - Business segments
              • Exhibit 138: Microsoft Corp. - Key news
              • Exhibit 139: Microsoft Corp. - Key offerings
              • Exhibit 140: Microsoft Corp. - Segment focus
            • 11.11 Tata Consultancy Services Ltd.
              • Exhibit 141: Tata Consultancy Services Ltd. - Overview
              • Exhibit 142: Tata Consultancy Services Ltd. - Business segments
              • Exhibit 143: Tata Consultancy Services Ltd. - Key news
              • Exhibit 144: Tata Consultancy Services Ltd. - Key offerings
              • Exhibit 145: Tata Consultancy Services Ltd. - Segment focus
            • 11.12 Wipro Ltd.
              • Exhibit 146: Wipro Ltd. - Overview
              • Exhibit 147: Wipro Ltd. - Business segments
              • Exhibit 148: Wipro Ltd. - Key news
              • Exhibit 149: Wipro Ltd. - Key offerings
              • Exhibit 150: Wipro Ltd. - Segment focus

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 151: Inclusions checklist
                • Exhibit 152: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 153: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 154: Research methodology
                • Exhibit 155: Validation techniques employed for market sizing
                • Exhibit 156: Information sources
              • 12.5 List of abbreviations
                • Exhibit 157: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Application Development and Integration Market market growth will increase by $78.59 bn during 2022-2026.
              The application development and integration market market is expected to grow at a CAGR of 6.93% during 2022-2026.
              Technavio has segmented the application development and integration market market by product (Application development and Application Integration) ,deployment (On-premise, Cloud, APAC, South America, and Middle East and Africa) , and geography (North America, Europe, APAC, South America, and Middle East and Africa).
              Accenture Plc, Atos SE, Capgemini Service SAS, Cognizant Technology Solutions Corp., Fujitsu Ltd., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Infosys Ltd., International Business Machines Corp., Larsen and Toubro Ltd., Mahindra and Mahindra Ltd., Microsoft Corp., Mindteck India Ltd., NTT DATA Corp., Oracle Corp., RSM International Association., SAP SE, Tata Consultancy Services Ltd., Unisys Corp., Wipro Ltd. are a few of the key vendors in the application development and integration market market.
              North America will register the highest growth rate of 38% among the other regions. Therefore, the application development and integration market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the application development and integration market market growth are:
              • advantage of cost reduction due to operational streamlining
              • Worldwide penetration of iPaaS
              The application development and integration market market vendors should focus on grabbing business opportunities from the application development segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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              • Five-force market analysis

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