Application Modernization Services Market Growth Analysis 2025

(I-SoftwareNews.Com, January 25, 2019 ) 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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Application Modernization Services Market Growth Analysis 2025