Europe Application Transformation Market Size & Outlook

The application transformation market in Europe is expected to reach a projected revenue of US$ 8,252.8 million by 2030. A compound annual growth rate of 15.2% is expected of Europe application transformation market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,072.0
Forecast, 2030 (US$M)
$8,252.8
CAGR, 2024 - 2030
15.2%
Report Coverage
Europe

Europe application transformation market highlights

  • The Europe application transformation market generated a revenue of USD 2,855.8 million in 2022.
  • The market is expected to grow at a CAGR of 14.2% from 2023 to 2030.
  • In terms of segment, large enterprise was the largest revenue generating enterprise size in 2022.
  • Small & Medium Enterprise is the most lucrative enterprise size segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.


Europe data book summary

Market revenue in 2022USD 2,855.8 million
Market revenue in 2030USD 8,252.8 million
Growth rate14.2% (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
Key market players worldwideAccenture PLC Class A, Atos SE, Capgemini SE, Cognizant Technology Solutions Corp Class A, Fujitsu Ltd, HCL Technologies, International Business Machines Corp, Infosys Ltd ADR, Microsoft Corp, Oracle Corp, Bell Integrator, Micro Focus, Trianz


Other key industry trends

  • In terms of revenue, Europe region accounted for 28.0% of the global application transformation market in 2022.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 7,571.4 million by 2030.

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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

Europe 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 65.05% in 2023. Horizon Databook has segmented the Europe application transformation market based on large enterprise, small & medium enterprise covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Europe 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 continent-level data and insights on the Europe application transformation market, including forecasts for subscribers. This continent databook contains high-level insights into Europe application transformation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe application transformation market size, by country, 2018-2030 (US$M)

Europe Application Transformation Market Share, 2023 & 2030 (US$M)

Europe application transformation market size, by country, 2018-2030 (US$M)

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