Dublin, Feb. 07, 2025 (GLOBE NEWSWIRE) — The “Application Management Services – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.
The global market for Application Management Services was valued at US$54.3 Billion in 2024 and is projected to reach US$149.7 Billion by 2030, growing at a CAGR of 18.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Accenture, Atos SA, Capgemini SE, Cognizant Technology Solutions Corporation, DXC Technology Company and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
The growth in the AMS market is driven by several factors that are reshaping the way businesses manage their applications. The increasing adoption of cloud computing is a major driver, as organizations move their applications to cloud environments, creating demand for AMS providers with cloud management expertise. The rise of AI and automation is also propelling growth, as businesses seek to leverage these technologies to improve the efficiency and effectiveness of their application management processes.
Additionally, the growing complexity of IT environments, characterized by the adoption of multi-cloud and hybrid cloud strategies, is expanding the market for AMS solutions that can manage diverse and distributed applications. The increasing emphasis on cybersecurity is driving demand for AMS providers that can offer advanced security management services to protect applications from evolving threats. Furthermore, the shift towards remote work and digital transformation initiatives is accelerating the need for reliable and scalable AMS solutions that can support business continuity and agility. These factors collectively contribute to the robust growth of the AMS market, making it a critical component of modern IT strategies.
Report Scope
The report analyzes the Application Management Services market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.
Segments
Service (Application Portfolio Assessment, Application Modernization, Application Security, Application Maintenance & Support, Application Managed Services); Vertical (BFSI, IT & Telecom, Retail & eCommerce, Healthcare & Life Sciences, Other Verticals).
Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Application Portfolio Assessment Services segment, which is expected to reach US$51.4 Billion by 2030 with a CAGR of a 18.3%. The Application Modernization Services segment is also set to grow at 18.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $15.7 Billion in 2024, and China, forecasted to grow at an impressive 18.0% CAGR to reach $23.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Application Management Services Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 23 major companies featured in this Application Management Services market report include:
- Accenture
- Atos SA
- Capgemini SE
- Cognizant Technology Solutions Corporation
- DXC Technology Company
- Fujitsu Ltd.
- HCL Technologies Ltd.
- IBM Corporation
- Tech Mahindra Ltd.
- Wipro Ltd.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 183 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $54.3 Billion |
| Forecasted Market Value (USD) by 2030 | $149.7 Billion |
| Compound Annual Growth Rate | 18.4% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- Application Management Services – Global Key Competitors Percentage Market Share in 2025 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
- Global Economic Update
MARKET TRENDS & DRIVERS
- Digital Transformation Throws the Spotlight on Application Management Services
- Cloud Migration Spurs Growth in Managed Application Services Market
- Expanding Addressable Market Opportunity Through AI-Driven Application Management
- Agile Methodologies Propel Growth in Application Management Services
- Remote Work Models Strengthen Business Case for Cloud-Based Application Management
- DevOps Integration Generates Demand for Continuous Application Management
- Rising Complexity in IT Infrastructure Drives Adoption of Application Management Services
- Microservices Architecture Expands Market Opportunity for Application Management Providers
- Shift to Subscription-Based Models Accelerates Demand for Managed Application Services
- Expansion of Hybrid Cloud Environments Creates Opportunities for Application Management Services
- Growing Popularity of Mobile Applications Drives the Market for Application Management Services
For more information about this report visit https://www.researchandmarkets.com/r/ssziz4
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- Application Management Services Market
