Application Modernization Tools Market Share, Size, and Trends by 2027
Application Modernization Tools Market: Strategic Insights
Application Modernization Tools Market
-
CAGR (2018 - 2027)18.7% -
Market Size 2018
US$ 8.04 Billion -
Market Size 2027
US$ 36.86 Billion
Market Dynamics
GROWTH DRIVERS
- Growing need to update legacy systems
- Increased adoption of cloud technologies
FUTURE TRENDS
- Rise in cloud-based application modernization tools
- Increasing demand for scalable software solutions
OPPORTUNITIES
- Opportunity for modernization and cloud migration in businesses
- Need for efficient application management
Key Players
- Advanced Computer Software Group Limited
- Aspire Systems India Pvt Ltd
- Asysco Software BV
- Atos SE
- Blu Age
- Deloitte Touche Tohmatsu Limited
- FreeSoft Inc
- Language Portability Solutions
- Micro Focus International plc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Product Type
- COBOL
- ADA
- RPG
- Assembler
- PowerBuilder
Application
- Emulation
- Translation
- Business Rules Extraction