애플리케이션 현대화 서비스 시장 규모, 점유율, 성장 분석 : 용도별, 배포 유형별, 최종 용도 산업별, 지역별 - 산업 예측(2025-2032년)

Application Modernization Services Market size was valued at USD 13.2 billion in 2023 and is poised to grow from USD 15.23 billion in 2024 to USD 47.91 billion by 2032, growing at a CAGR of 15.4% during the forecast period (2025-2032).

The application modernization services market is primed for substantial growth, driven by the urgent need to upgrade legacy software systems to meet evolving business demands and technological advancements. As organizations increasingly seek faster analytics and improved functionality, the shift towards cloud computing is becoming pivotal, particularly for small businesses reliant on cost-effective legacy applications. This trend presents significant opportunities for market expansion. Moreover, modernizing analytics applications empowers companies to enhance performance, optimize operations, and uncover new revenue streams through advanced technologies like machine learning and predictive modeling. Although federal regulations regarding application modernization are minimal, the strategic integration of these innovations facilitates data-driven decision-making, positioning the market for sustained growth in the upcoming forecast period.

Top-down and bottom-up approaches were used to estimate and validate the size of the Application Modernization Services market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Application Modernization Services Market Segments Analysis

Global Application Modernization Services Market is segmented by Application, Deployment Type, End use Industry and region. Based on Application, the market is segmented into Post Modernisation, Application Portfolio Assignment, UI Modernisation, Cloud Application Mitigation, Application Integration and Application Re-platforming. Based on Deployment Type, the market is segmented into Hybrid Cloud, Private Cloud and Public Cloud. Based on End use Industry, the market is segmented into Healthcare, IT, Telecommunication, Energy and utilities, Manufacturing and Consumer goods and Retail. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Application Modernization Services Market

The demand for business agility and innovation is a significant driver for enterprises to adopt application modernization services. Legacy systems often lack the flexibility necessary for swift changes and innovation, prompting organizations to revamp their applications. In today's dynamic business landscape, companies must be able to adapt quickly to evolving market trends, shifting customer preferences, and the emergence of new technologies. This need for transformation underscores the necessity of modernizing applications to ensure that businesses remain competitive and can effectively respond to the rapid pace of change in their respective industries.

Restraints in the Application Modernization Services Market

The Application Modernization Services market faces significant restraints due to the prevalence of legacy systems characterized by monolithic architectures and outdated technology. These systems often embody intricate interdependencies and complex topologies, which complicate integration efforts. A recent analysis by SkyQuest revealed that 69% of organizations identify the integration with existing legacy systems as the most challenging aspect of their digital transformation initiatives. This illustrates the considerable difficulties businesses confront while attempting to modernize their infrastructure. Successfully upgrading these systems necessitates overcoming challenging codebases, dependencies, and sometimes obsolete technologies, rendering the modernization process particularly daunting.

Market Trends of the Application Modernization Services Market

The Application Modernization Services market is witnessing significant growth, propelled by government initiatives aimed at enhancing public services and ensuring compliance with evolving regulations. With billions allocated, such as the European Commission's recent investment of over €760 million in the Digital Europe Programmed Work for 2023-2024, public sector entities are increasingly adopting modern technology solutions to streamline operations and enhance service delivery. This trend is creating a robust demand for application modernization services, as organizations seek to upgrade their legacy systems, improve efficiency, and remain aligned with compliance standards, ultimately fostering a more agile and responsive digital landscape.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Regulatory Landscape
• Case Studies
• Technological Advancement

Global Application Modernization Services Market Size by Application & CAGR (2025-2032)

• Market Overview
• Post Modernisation
• Application Portfolio Assignment
• UI Modernisation
• Cloud Application Mitigation
• Application Integration
• Application Re-platforming

Global Application Modernization Services Market Size by Deployment Type & CAGR (2025-2032)

• Market Overview
• Hybrid Cloud
• Private Cloud
• Public Cloud

Global Application Modernization Services Market Size by End use Industry & CAGR (2025-2032)

• Market Overview
• Healthcare
• IT
• Telecommunication
• Energy and utilities
• Manufacturing
• Consumer goods and Retail

Global Application Modernization Services Market Size & CAGR (2025-2032)

• North America (Application, Deployment Type, End use Industry)
  • US
  • Canada
• Europe (Application, Deployment Type, End use Industry)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Application, Deployment Type, End use Industry)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Application, Deployment Type, End use Industry)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Application, Deployment Type, End use Industry)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• Oracle (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• IBM (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Microsoft (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• HCL Technologies (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Accenture (Ireland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Atos SE (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Amazon Web Services (AWS) (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Capgemini (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Cognizant (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tata Consultancy Services (TCS) (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Aspire Systems (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• NTT Data Group Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Infosys (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Dell Technologies (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Innova Solutions (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• EPAM Systems (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• DXC Technology (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• MongoDB (US)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LTIMindtree (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Wipro (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations