About Application Management Services (AMS)
Application Management Services (AMS) assists organizations in administrating and managing their business application to improve organizational efficiency. These systems also helps in minimizing operations expenses since they offer application management in each stage of application life cycle which includes application development, monitoring, maintenance & support and many others. Recently, mobile application development has seen robust growth which will ultimately upsurge the need for AMS. Moreover, growing applications of Bring Your Own Devices (BYOD) in the business organization will generate significant demand over the forecasted period.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Application Management Services (AMS) System market is a fragmented market due to the presence of various players. Companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.The Players having a strong hold in the market are Accenture, Atos, Infosys, Oracle, and SAP. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Application Management Services (AMS) market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Accenture plc (Ireland), Atos SE (France), Infosys Limited (India), Oracle Corporation(United States), SAP SE(Germany), Deloitte Touche Tohmatsu Limited (United States), Dell Inc. (United States), Optimum Solutions, Inc. (Singapore), Neoris, Inc. (United States) and Sierra-Cedar, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Capgemini SE (France), Cognizant Technology Solutions Corporation (United States), Fujitsu Ltd. (Japan), DXC Technology (United States), HCL Technologies Limited (India), International Business Machines Corporation (United States), Wipro Limited (India) and Tech Mahindra Limited (India).
Segmentation Overview
AMA Research has segmented the market of Global Application Management Services (AMS) market by Type (Discrete AMS and Embedded AMS), Application (BFSI, Telecom and IT, Retail and eCommerce, Healthcare and Lifesciences, Manufacturing and Energy and Utilities) and Region.
On the basis of geography, the market of Application Management Services (AMS) 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). North Amercia region held largest market share in the year 2024. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement.
If we see Market by , the sub-segment i.e. will boost the Application Management Services (AMS) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
Increasing Uses of Application Management Services (AMS) in BFSI Business and Upsurging Adoption of Ready Made Solutions
Market Growth Drivers:
Enables Accessibility of Skilled Workforce assists in Employment and Provides Enormous Cost Advantages and Simplifies Business Processes
Challenges:
Complexities in Integrating AMS with the Existing Systems and Continuously Changing the Organizational Preferences
Restraints:
Higher Initial Establishment Costs might Stagnate the Demand for AMS and Minimally Profitable for Comparatively Smaller Organization where the Business Processes are Rarely Depend on Application Performance
Opportunities:
Reusability & Scalability of the Application Management Services pose Numerous Opportunities and Works continuously without Interrupting Business Processes
Market Leaders and their expansionary development strategies
May 19, 2019, a global professional services company, "Accenture" is collaborating with investment company Al Maskari Holding on a program to equip UAE nationals with the skills needed to future-proof their careers and to strengthen the local talent base. This collaboration focuses on attracting and nurturing the best regional talent as well as Emiratis living abroad. It is also designed to enable Emiratis to build their careers and contribute to their country’s growth and innovation agendas.
On June 18, 2019, a global leader in digital transformation, "ATOS" has signed a 6-year contract with the international fashion and home-shopping retailer and brand of Damartex Group named, 'Damart' to digitally transform its business by moving its infrastructure to the cloud. Damart will also use a cloud solution combining Google Cloud Platform (GCP) and Atos’ Digital Private Cloud platform. Atos will fully manage the migration of Damart’s infrastructure, currently hosted in Damart’s local and Atos datacenters, to a mixed cloud solution, based on GCP public cloud platform and Atos’ Digital Private Cloud platform.
Key Target Audience
Application Management Services (AMS) Providers, Professional and Managed Service Providers, Financial Institutes and Venture Capitalists, Application Security Vendors, System Integrators, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.