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(IT-NEWSWIRE.COM, January 08, 2019 ) This report focuses on the global Application Modernization Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Application Modernization Services development in United States, Europe and China.
Application modernization is the refactoring, re-purposing or consolidation of legacy software programming to align it more closely with current business needs.
The goal of an application modernization project is to create new business value from existing applications. An application is a program designed to perform a specific function directly for the user or, in some cases, for another application program. Keeping legacy applications running smoothly can be a time-consuming, resource-intensive process, especially when the software becomes so outdated that it becomes incompatible with newer versions of the underlying operating system (OS) or system hardware. Application Modernization Tools is mainly divided into three subdivisions: Emulation, Translation and Business rules extraction. And Emulation was the most widely used area which took up about 45.43% of the global total in 2017. However, in the further, Business rules extraction is growing fast and will occupy more share. By language, Application Modernization Services market can be divided into Cobol, ADA, PL/1, RPG, Assembler and PowerBuilder, Cobol is the largest subdivision with the market share of 63.32% in 2017. United States is the largest consumption countries of Application Modernization Services in the world in the past few years and it will keep leader position in the next few years. United States market took up about 34.51% the global market in 2017, while Europe was about 30.70%. United States is now the key developers of Application Modernization Services; most companies are in USA. Others are in Europe, Japan and India. In 2017, the global Application Modernization Services market size was 10400 million US$ and it is expected to reach 32000 million US$ by the end of 2025, with a CAGR of 15.1% during 2018-2025.
The key players covered in this study Accenture Atos Bell Integrator Capgemini Cognizant Fujitsu HCL IBM Macrosoft Inc. Tech Mahindra TCS Wipro Infosys DXC Blu Age TSRI Modern Systems Trinity Millennium Micro Focus Software Mining Semantic Designs Evolveware Mapador Fresche Legacy Asysco Expersolve Metaware MOST Technologies Freesoft Language Portability Solutions
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Market segment by Type, the product can be split into Cobol ADA PL/1 RPG Assembler PowerBuilder Others
Market segment by Application, split into Emulation Translation Business Rules Extraction
The study objectives of this report are: To analyze global Application Modernization Services status, future forecast, growth opportunity, key market and key players. To present the Application Modernization Services development in United States, Europe and China. To strategically profile the key players and comprehensively analyze their development plan and strategies. To define, describe and forecast the market by product type, market and key regions.
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Table of Contents 1 Report Overview 2 Global Growth Trends 3 Market Share by Key Players 4 Breakdown Data by Type and Application 5 United States 6 Europe 7 China 8 Japan 9 Southeast Asia 10 India 11 Central & South America 12 International Players Profiles 12.1 Accenture 12.1.1 Accenture Company Details 12.1.2 Company Description and Business Overview 12.1.3 Application Modernization Services Introduction 12.1.4 Accenture Revenue in Application Modernization Services Business (2013-2018) 12.1.5 Accenture Recent Development 12.2 Atos 12.2.1 Atos Company Details 12.2.2 Company Description and Business Overview 12.2.3 Application Modernization Services Introduction 12.2.4 Atos Revenue in Application Modernization Services Business (2013-2018) 12.2.5 Atos Recent Development 12.3 Bell Integrator 12.3.1 Bell Integrator Company Details 12.3.2 Company Description and Business Overview 12.3.3 Application Modernization Services Introduction 12.3.4 Bell Integrator Revenue in Application Modernization Services Business (2013-2018) 12.3.5 Bell Integrator Recent Development
13 Market Forecast 2018-2025
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Rajat Sahni
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Source: EmailWire.Com
Source: EmailWire.com
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