Application Management Services Market is expected to reach USD 87.60 billion by 2025. An application management service comprises of combination of various implementation, projects and operational services in an organization to optimize its activities. They are used to maintain applications and support users for long term period. Operating costs can be reduced, applications systems can be improvised and software processes can be improved by implementing application management services thereby ensuring faster and better performance of business processes and applications.
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Market Synopsis of Application Management Services Market:
Current market trend in
application management services include outsourcing activities, hosting cloud
applications and mobile models. There have been remarkable technological
improvements and changing business models in recent times in addition to
optimization of processes that drive the deployment of these applications.
Application management includes
various domains such as Application outsourcing as a part of packaged and
custom management, Hosted Application Management as a part of Cloud modelling,
Customized application management that employ various application factory
models and best practices, testing service portfolios provided by cloud
providers and traditional systems.
Global cloud services market is
expected to grow over 16.5 percent to a total above $204 billion up from $175
from 2015.The highest growth is expected to come from cloud system
infrastructure services which includes infrastructure as a service and is
expected to have a growth rate of over 38.4 percent in the forecast period. The
largest segment in the application service market is the cloud advertising
service that is expected to grow above 13.6 percent to reach over $90.3
billion. This continuous growth marks a shift away from systems maintaining
legacy infrastructure services.
IaaS is the strongest growing
segment as organizations choose to drift away from infrastructure employing
data centers and move their hardware into public oriented cloud based services
to store data. Few market enterprises have become market leaders in this
segment as they emphasize on differentiating the applications they provide by
bringing about new ways of storing and maintaining Data.
Software as a service (SaaS) is
expected to grow at a rate of over 20.3 percent in the forecast period and have
a revenue of around 37.7 billion. Vendors in this market prefer moving to cloud
based offering from on-premises licensed software systems that are much more
expensive. This trend is expected to show remarkable improvements in the near
future. Major vendors in Cloud services can is expected to fuel the Saas Market
as well.
Web applications, web services,
Client-server systems, Content management, Reporting, Integration of different
systems within an organisation form customized application development. Mobile
applications comprise of Bluetooth, GSM, GPRS, SMS and MMS applications.
Application management services aim at goals that result in operational
excellence and achieving measurable and specific objectives. The common
objectives that companies aim at are minimized risk , Cost reduction, Improved
quality , Speed to market, Standardization Improved governance and optimized
transparency.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Application Management
Services: Market Variables, Trends & Scope
Chapter 4 Application Management
Services: Product Estimates & Trend Analysis
Chapter 5 Application Management
Services: Application Estimates & Trend Analysis
Chapter 6 Application Management
Services: End-use Estimates & Trend Analysis
Chapter 7 Application Management
Services: Industrial End-use Estimates & Trend Analysis
Chapter 8 Application Management
Services: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Application Management
Services: Manufacturers Company Profiles
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