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 14.7% is expected of the worldwide application transformation industry from 2023 to 2030.
Revenue, 2022 (US$M)
$10,198.8
Forecast, 2030 (US$M)
$30,470.7
CAGR, 2023 - 2030
14.7%
Report Coverage
Worldwide
Global application transformation market, 2018-2030 (US$M)
Related Markets
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 2022 | USD 10,198.8 million |
| Market revenue in 2030 | USD 30,470.7 million |
| Growth rate | 14.7% (CAGR from 2022 to 2030) |
| Largest segment | Large enterprise |
| Fastest growing segment | Small & Medium Enterprise |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Large 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.
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Application Transformation Market Scope
Application transformation market segmentation & scope
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 2022. 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
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Target buyers of Global application transformation market databook
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Our clientele includes a mix of application transformation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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
Global application transformation market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Application transformation market size, 2022 (USD Million)
Top 10 countries: Application transformation market size, 2022 (USD Million)
Global application transformation market, by region, 2022 (US$M)
Related regional statistics
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