Application Management Services Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR43884
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The application management services (AMS) market has the potential to grow by USD 32.66 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6%.

The application management services market report extensively covers market segmentation by type (discrete AMS and embedded AMS) and geography (North America, Europe, APAC, MEA, and South America), and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Application Management Services Market Size be in 2021?

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Application Management Services Market: Key Drivers and Trends

Key drivers such as the increasing need to enhance customer interaction are notably supporting the AMS market growth. However, one of the foremost factors impeding market growth is the longer implementation process. Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This application management services market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Application Management Services Market Vendors?

The application management services market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

 

  • Accenture Plc
  • Capgemini SE
  • Cognizant Technology Solutions Corp.
  • Deloitte Touche Tohmatsu Ltd.
  • DXC Technology Co.
  • Fujitsu Ltd.
  • Infosys Ltd.
  • International Business Machines Corp.
  • Tata Consultancy Services Ltd.
  • Wipro Ltd.

 

The application management services market analysis report contains exhaustive actionable insights on the organic and inorganic growth strategies deployed by the vendors. The AMS market is fragmented and is expected to provide a favorable growth environment to new and existing players in the coming years. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, our research experts have outlined the magnitude of the economic impact on each segment and recovery expectations post pandemic. To recover from post COVID-19 impact, market vendors should create strategies to grab business opportunities from the fast-growing segments, while refining their scope of growth in the slow-growing ones.

The key vendor profiles include information on their production, sustainability, and growth prospects. Download a free sample of the application management services market forecast report for insights on complete key vendor profiles.

Which are the Key Regions for Application Management Services Market?

Application Management Services Market Share by Geography

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33% of the market’s growth will originate from North America during the forecast period. The US is a key market for application management services in North America.

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The increasing focus on real-time decision-making will facilitate the application management services market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Application Management Services Market?

Application Management Services Market Share by Type

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The application management services market report provides a comprehensive understanding of the subsets of our target market to earmark niche customer groups and simplify demographic requirements. In addition, the report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency. The application management services market share growth by the discrete AMS segment has been significant and is expected to provide significant growth opportunities to market vendors.

This report provides thorough application management services market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the AMS market size.

Scope of Report

Features

Included Data

Base year for market size assessment

2021

Forecast period

2021-2025

Growth momentum and forecast

Accelerate at a CAGR of 6%

Regional analysis

North America, Europe, APAC, MEA, and South America

Key consumer countries

US, China, Germany, UK, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Accenture Plc, Capgemini SE, Cognizant Technology Solutions Corp., Deloitte Touche Tohmatsu Ltd., DXC Technology Co., Fujitsu Ltd., Infosys Ltd., International Business Machines Corp., Tata Consultancy Services Ltd., and Wipro Ltd.

Market Dynamics

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

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Application Management Services Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive application management services market growth during the next five years
  • Precise estimation of the application management services market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the AMS market across North America, Europe, APAC, MEA, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of AMS market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

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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
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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
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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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The application management services market growth will increase by $47.56 billion during 2019-2024.
The application management services market is expected to grow at a CAGR of 8.08% during 2019-2024.
Technavio has segmented the application management services market by type (Discrete AMS and Embedded AMS) and geographic (North America, Europe, APAC, MEA, and South America).
Accenture Plc, Capgemini Services SAS, Cognizant Technology Solutions Corp., Deloitte Touche Tohmatsu Ltd., DXC Technology Co., Fujitsu Ltd., Infosys Ltd., International Business Machines Corp., Tata Consultancy Services Ltd., Wipro Ltd. are a few of the key vendors in the application management services market.
North America will register the highest growth rate of 35.60% among the other regions. Therefore, the application management services market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the application management services market growth are:
  • Need for better business productivity
  • Increasing demand for hosted AMS
The application management services market vendors should focus on grabbing business opportunities from the discrete ams segment as it accounted for the largest market share in the base year.
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