Global Application Transformation Market Size & Outlook

The application transformation industry worldwide is expected to reach a projected revenue of US$ 30,470.7 million by 2030. A compound annual growth rate of 15.6% is expected of the worldwide application transformation industry from 2024 to 2030.
Revenue, 2023 (US$M)
$11,016.1
Forecast, 2030 (US$M)
$30,470.7
CAGR, 2024 - 2030
15.6%
Report Coverage
Worldwide

Global application transformation market highlights

  • The global application transformation market generated a revenue of USD 10,198.8 million in 2022 and is expected to reach USD 30,470.7 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 14.7% by 2030.
  • In terms of segment, large enterprise accounted for a revenue of USD 6,767.9 million in 2022.
  • Small & Medium Enterprise is the most lucrative enterprise size segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2022.
  • Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 10,198.8 million
Market revenue in 2030USD 30,470.7 million
Growth rate14.7% (CAGR from 2022 to 2030)
Largest segmentLarge enterprise
Fastest growing segmentSmall & Medium Enterprise
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLarge Enterprise, Small & Medium Enterprise

Other key industry trends

  • In terms of revenue, the North America accounted for 29.5% of the global application transformation market in 2022.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 7,336.1 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Application Transformation Market Scope

Application transformation market segmentation & scope
Large Enterprise
Small & Medium Enterprise
Application Integration
Cloud Application Migration
Application Portfolio Assessment
Application Replatforming
UI Modernization
Others
BFSI
Retail
Healthcare
IT & Telecom
Government
Manufacturing
Others

Application Transformation Market Companies

Name Profile # Employees HQ Website

Global application transformation market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to application transformation market will help companies and investors design strategic landscapes.


Large enterprise was the largest segment with a revenue share of 66.36% in 2023. Horizon Databook has segmented the Global application transformation market based on large enterprise, small & medium enterprise covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Application Transformation Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Large Enterprise
    • Small & Medium Enterprise
  • Global Application Transformation Type Outlook (Revenue, USD Million, 2018-2030)
    • Application Integration
    • Cloud Application Migration
    • Application Portfolio Assessment
    • Application Replatforming
    • UI Modernization
    • Others
  • Global Application Transformation End Use Outlook (Revenue, USD Million, 2018-2030)
    • BFSI
    • Retail
    • Healthcare
    • IT & Telecom
    • Government
    • Manufacturing
    • Others

Reasons to subscribe to Global application transformation market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global application transformation market databook

  • Our clientele includes a mix of application transformation market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global application transformation market, including forecasts for subscribers. This global databook contains high-level insights into Global application transformation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Global application transformation market size, by regions, 2018-2030 (US$M)

Top 10 countries: Application transformation market size, 2023 (US$M)

Global application transformation market share, by enterprise size, 2023 & 2030 (%, US$M)

Application transformation market: Opportunity assessment by country

Global application transformation market, by region, 2023 (US$M)

Global application transformation market size, by regions, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more