Application Transformation Market To Reach $34.47 Billion By 2030

Application Transformation Market Growth & Trends

The global application transformation market size is expected to reach USD 34.47 billion by 2030, according to a new study conducted by Grand View Research, Inc. The market is expected to expand at a CAGR of 17.5% from 2025 to 2030.  Growing digitalization initiatives among industries, rising penetration of cloud computing technology, and increasing demand for scalability are aiding the growth of the market. Moreover, the constant need to keep the applications updated with upcoming technologies and improve the Return on Investment (ROI) will also increase the utility of application transformation services in coming years. The use of technologies such as Artificial Intelligence (AI) and Machine Learning (ML) is also anticipated to complement the demand for application transformation to augment the organizational growth across industries.

Application transformation helps enterprises to reduce the number of applications within an enterprise and move applications to the cloud so as to meet government regulations and update compliance. Moreover, application transformation solutions aid IT departments to address the social media usage in enterprises and growing use of mobile computing. By modernizing their applications, enterprises’ aim to reduce number of applications, restructure the legacy applications, or move them to cloud infrastructure. Application transformation solutions has help enterprises to optimize data, accelerate innovation, and deliver better customer experience. The increasing competition in the digitized world and the ever changing political, legal, and regulatory environment has led numerous organizations to employ the application transformation services to enhance their business operations.

Top vendors in the market such as International Business Machines Corporation, Microsoft Corporation, Trianz and Accenture Plc., are instrumental in helping clients to plan their transformation journey with in-house services capabilities, application portability and flexible pricing options. Moreover, the evolving technologies will aid in automating the operational and managerial processes, seamless integration capabilities, and improve overall customer experience.However, high implementation and management costs are some of the challenges that might impede the growth of the market over the forecast period. Besides, recent outbreak of COVID-19 disease across the world is likely to slow down the growth rate of the market temporarily.

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Application Transformation Market Report Highlights

• The UI modernization segment is expected to grow at a CAGR of 18.7% over the forecast period owing to increasing need to improve customer experience, scalability and reliability, better security, and fast data accessibility

• The large enterprise segment held the largest market share of over 66% in 2024. With the increasing frequency of cyberattacks, large enterprises are prioritizing the security of their applications

• The manufacturing segment is expected to grow at a CAGR of 18.8% during the forecast period. The shift toward Industry 4.0, characterized by the integration of advanced technologies such as IoT, big data analytics, artificial intelligence (AI), and automation, is a major driver of application transformation in the manufacturing sector.

• The application transformation market in Asia Pacific is growing significantly at a CAGR of 20.0% from 2025 to 2030. The Asia Pacific region has one of the highest mobile penetration rates globally, with millions of people accessing services via smartphones and mobile devices

Application Transformation Market Segmentation

Grand View Research has segmented the global application transformation market report based on type, enterprise size, end use, and region:

Application Transformation Type Outlook (Revenue; USD Billion, 2018 - 2030)

• Application Integration

• Cloud Application Migration

• Application Portfolio Assessment

• Application Replatforming

• UI Modernization

• Others

Application Transformation Enterprise Size Outlook (Revenue; USD Billion, 2018 - 2030)

• Large Enterprises

• Small & Medium Enterprises

Application Transformation End Use Outlook (Revenue; USD Billion, 2018 - 2030)

• BFSI

• Retail

• Healthcare

• IT & Telecom

• Government

• Manufacturing

• Others

Application Transformation Regional Outlook (Revenue: USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • South Korea

• Latin America

  • Brazil

• Middle East & Africa (MEA)

  • UAE

  • Saudi Arabia

  • South Africa

List of Key Players in the Application Transformation Market

• Accenture

• Atos SE

• BELL-INTEGRATION.COM

• Capgemini

• Cognizant

• Fujitsu

• HCL Technologies Limited

• International Business Machines Corporation

• Infosys Limited

• Microsoft

• Open Text

• Oracle

• Trianz