Europe Application Modernization Services Market Expected to Reach USD 6.60 Billion by 2027 | Top Players such as – Atos, Blu Age and Capgemini

Rise in demand for cloud computing, adoption of big data analytics software for leveraging benefits of big data, and need to replace legacy applications drive the growth of the Europe Application Modernization Services Market. However, lack of skilled IT workforce and constantly changing trends hinder the market growth. On the other hand, need for modernized infrastructure and digital transformation present new opportunities in the coming years.

Download free sample report at: 

https://www.alliedmarketresearch.com/request-sample/7558

Based on deployment mode, the public cloud segment contributed to the highest market share of the Europe application modernization services market, accounting for nearly two-fifths of the total share in 2019, and is expected to maintain the dominant share throughout the forecast period. This is attributed to its lesser expensive nature for vendors to offer services such as data storage and software. However, the hybrid cloud segment is expected to grow at the fastest CAGR of 18.9% during the forecast period. This is due to its scalability, agility, and control over the critical data.

Based on services, the application re-platforming segment accounted for the largest share of the Europe application modernization services market in 2019, holding more than one-fourth of the total market share, and will maintain its leadership status during the forecast period. This is due to rapid application delivery and fast time-to-market along with faster networking speeds, scalability, and flexibility. However, the application portfolio assessment segment is projected to portray the highest CAGR of 19.8% from 2020 to 2027, owing to rise in need to help IT executives in setting effective and business-grounded rationalization programs, improvement in efficiency, and cost reduction.

For Purchase Enquiry:  

https://www.alliedmarketresearch.com/purchase-enquiry/7558

Based on country, Austria is estimated to manifest the highest CAGR of 17.4% from 2020 to 2027, owing to implementation of advanced technologies to raise productivity and remodel existing applications. However, the U.K. contributed for the highest share in terms of revenue in 2019, accounting for more than one-fifth of the total share of the Europe application modernization services market, and will maintain its lead during the forecast period.

The Europe application modernization services market analysis includes some of the key market players such as Accenture, Aspire Systems, Atos, Bell Integrator, Blu Age, Capgemini, DXC Technology Company, HCL Technologies Limited, IBM Corporation, and Micro Focus.

If you have any special requirements, please let us know: 

https://www.alliedmarketresearch.com/request-for-customization/7558

Impact of Covid-19 on Europe Application Modernization Services Market:

  • Owing to sudden lockdown imposed by governments, the implementation of application modernization services have been halted or slowed down in the European countries.
  • With organizations adopting “work from home” culture, innovative cloud-based solutions have been adopted for ensuring data availability and agility along with updating business processes. So, the demand for application modernization services would increase post-lockdown.
  • As businesses have realized the importance of agile methodology and cloud computing to continue business operations during pandemics, the demand would surge post-Covid-19 for business continuity and smooth remote working.

Procure Complete Report (200 Pages PDF with Insights, Charts, Tables, and Figures) at: https://bit.ly/3JJuu6B

Thanks for reading this article; you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia. 

If you have any special requirements, please let us know and we will offer you the report as per your requirements.      

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. 

Similar Report: 

  1.  Application Modernization Services Market

About Us 

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises. 

Contact: 

David Correa 

Portland, OR, United States 

USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 

UK: +44-845-528-1300 

Hong Kong: +852-301-84916 

India (Pune): +91-20-66346060 

Fax: +1(855)550-5975 

help@alliedmarketresearch.com 

Web: https://www.alliedmarketresearch.com 

Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research 

Leave a comment

Your email address will not be published. Required fields are marked *