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Ams Market To Grow By $74.1b From 2024-2028
According to Technavio, the global application management services market is projected to experience significant growth, with an estimated increase of USD 74.1 billion from 2024 to 2028. The market is expected to grow at a compound annual growth rate (CAGR) of over 28.81% during the forecast period. This growth is primarily driven by the increasing demand for application management services, particularly due to the widespread adoption of personal devices in the workplace. However, the longer implementation process poses a challenge to market growth.
The market structure is fragmented, and key players in the market include Accenture Plc, Capgemini Service SAS, Cognizant Technology Solutions Corp., Deloitte Touche Tohmatsu Ltd., DXC Technology Co., Fujitsu Ltd., HCL Technologies Ltd., Hexaware Technologies Ltd., Infosys Ltd., International Business Machines Corp., Mercer LLC, Meteorite Informatics Pte. Ltd., Mindtree Ltd., Mphasis Ltd., Resolute Technology Solutions Inc., Rimini Street Inc., ScienceSoft USA Corp., Tata Consultancy Services Ltd., Unisys Corp., and Wipro Ltd..
For a more detailed analysis of the market, ...
... including information on regions, market segments, customer landscape, and specific companies, I recommend viewing the snapshot of the report. The report covers the base year of 2023, the historic period of 2018-2022, and the forecast period of 2024-2028. The market is expected to grow at a CAGR of 28.81% during this period, with a market size of USD 74.1 billion. The report also provides insights into the YoY growth from 2022 to 2023, regional analysis including North America, APAC, Europe, Middle East and Africa, and South America, as well as the key countries contributing to market growth such as the US, China, Germany, UK, and India.
More Information : https://www.techdogs.com/tech-news/pr-newswire/application-management-services-market-size-is-set-to-grow-by-usd-741-billion-from-2024-2028-demand-lead-growth-boost-the-market-technavio
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