Increase in need to reallocate resources skillfully among enterprises and continuous changes in business needs are the major factor that drive growth of the agile readiness assessment market. In addition, rise in awareness about agile transformation among SMEs fuels the agile readiness assessment market growth.
However, lack of technical expertise hampers the market growth. Furthermore, growth in adoption of various advance technologies such as internet of things (IoT) and machine learning in agile readiness assessment systems is expected to provide lucrative opportunities for the market.
COVID-19 Scenario Analysis:
- Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost all countries around the globe, with the WHO declaring it a public health emergency. The global impacts of the disease are already starting to be felt, however, it is least expected to affect the agile readiness assessment market in 2020.
- Though governments have imposed lockdowns to contain spread of the virus, businesses are expected to invest in agile services to become more efficient, which is expected to boost growth of the market.
- Overall, the pandemic is expected to have a positive impact on growth of the agile readiness assessment market.
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Increase in adoption of agile services among industry verticals such as BFSI, manufacturing, and retail is expected to propel the agile readiness assessment market growth.
Agile services help these industry verticals to deal with complex processes and systems. These services also provide other benefits such as workflow tracking and story mapping & analytics, which directly contributes to the market growth.
Asia-Pacific is expected to have the largest market share during the forecast period, owing to emerging economies such as India, China, and South Korea and enterprises adopting agile services in the region to streamline their business process and become more efficient.
Major players include: Adyen , Alipay, Alphabet Inc., Authorize.Net, BlueSnap, CCBill, Due, First Data Corporation, Global Payments PayU, Jack Henry & Associates Paysafe, PayPal Holdings Inc., Stripe, Square Inc., Wirecard, and Visa Inc.
Key benefits of the report:
- This study presents analytical depiction of the agile readiness assessment market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the agile readiness assessment market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed market analysis based on the present and future competitive intensity of the market.
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