Scope of the Study
Application modernization tools help legacy software programming align more closely with what a business currently needs by refactoring and consolidating it to meet new needs. These tools help enterprises migrate their assets to more efficient, open, scalable, Cloud and SOA based systems with better integration and functionality.
The market study is being classified by Type (COBOL, ADA, RPG, Assembler, PowerBuilder and Others), by Application (Emulation, Translation and Business Rules Extraction) and major geographies with country level break-up.
Software AG (Germany), IBM (United States), Google LLC (United States), Deloitte (United Kingdom), CloudHedge Technologies (India), Gartner, Inc. (United States), Virtusa Corporation (United States), Semantic Designs, Inc (United States), Mphasis Limited (India) and Micro Focus (United Kingdom) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Application Modernization Tools market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Application Modernization Tools market by Type, Application and Region.
On the basis of geography, the market of Application Modernization Tools has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand from Small and Medium-Sized Enterprises
- Demand for Improved Business Productivity
- Increased Adoption of Cloud Computing Technologies
- Technological Complications Associated with Software
- Growing Demand from End-user Industry
- Rise in the IT Industry Worldwdie
- Lack of Skilled Professionals
Key Target AudienceApplication Modernization Tools Providers, Emerging Companies, Research Professionals and End-users
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase