What is the main topic?

The article discusses the growth potential of the Application Management Services market from 2017 to 2027.

Which segment holds the largest share?

The BFSI segment holds the largest revenue share and is expected to grow significantly.

What is the projected growth rate?

The market is projected to grow at a CAGR of 8.6% from 2017 to 2022.

Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Research Reports > Application Management Services Market Potential Growth, Size, Share, Demand And Analysis Of Key Players – Research Forecasts To 2027

Research Reports

Application Management Services Market Potential Growth, Size, Share, Demand And Analysis Of Key Players – Research Forecasts To 2027

Published by mark itwired

Posted on October 6, 2021

4 min read

Last updated: January 31, 2026

Lawmaker Kim Leadbeater discusses UK's assisted dying law changes - Global Banking & Finance Review — Image of Kim Leadbeater addressing the media about proposed changes to the UK's assisted dying law, emphasizing the removal of High Court judge sign-off to enhance the legislative process.

Application Management Services Market Growth and Analysis to 2027

FMI

In the ever-changing, complex IT landscape of the 21^st century, the cost of maintenance continues to grow at a staggering pace. Application management specialists hold the key to overcoming challenges by application performance improvement, thereby achieving better business results. Application management services are delivered several diverse organizations that need to outsource the process of application management. The companies providing this service have expertise in the field of information technology or an expertise of managing similar application for organizations in the same line of business. Future Market Insights projects that application management services market is poised to record robust CAGR of 8.6% from the period 2017 to 2022.

Request a Sample PDF for Research Insights at: https://www.futuremarketinsights.com/reports/sample/rep-gb-5290

The BFSI segment has the largest revenue share by industry segment at the end of 2017 and is expected to gain substantial share in future. An absolute dollar opportunity of more than US$ 7.4 billion is waiting to be tapped in the BFSI segment from 2017 to 2022. The maximum opportunity in the BFSI segment lies in North America, followed by Europe. Healthcare is a vital segment that should require the services of application management services in the near future. A high CAGR is anticipated in the healthcare segment and North America with its geriatric population and well-developed healthcare infrastructure might be critical in the long-run.

The retail & consumer goods segment is poised to gain massive share over the forecast period and companies would do well to focus on this industry in the application management services market. Retail & consumer goods is predicted to grow past a value of US$ 18.8 billion by end 2022, making it large enough for all companies. Strong economic growth in the APEJ region, largely riding on the shoulders of China and India, should lead to a retail boom in this dynamic, populous nations. Furthermore, these countries can be considered ‘mobile first’ or even ‘mobile only’ ensuring that they are perfect for application management service players to target with all guns blazing.

IT & Telecom has marginal revenue share in application management services market but is on track to lose significant share over the five-year forecast. North America is the only region in the IT & Telecom segment that could be worth more than US$ 2.2 billion by end 2022 even though a higher CAGR is estimated in both Japan and APEJ. The government and engineering segments have a single-digit revenue share in application management services market with the latter being slightly larger. However, the government segment may show marginal growth and companies with a customized go-to-market strategy could well achieve success.

Download Report TOC at https://www.futuremarketinsights.com/toc/application-management-services-market

Companies profiled in the application management services market report include KPIT Technologies Limited, Hexaware Technologies Limited, Wipro Limited, Infosys Limited, CA Technology Inc., HCL Technologies, Capgemini SE, NTT DATA Corporation, IBM Corporation, and Accenture PLC

Application Management Services Market Taxonomy

Services Type

System Integration Management
Application Outsourcing Management
Application Modernization
Application Testing Management
Cloud Application Management
Other Services (Architecture management & support services)

Industry

BFSI
Healthcare
Retail & Consumer Goods
IT & Telecom
Government
Engineering
Automotive
Manufacturing
Other Industries

Buy Complete Report@ https://www.futuremarketinsights.com/checkout/5290

Table Of Content:

1. Global Application Management Services Market – Executive Summary

2. Global Application Management Services Market Overview

3. Global Application Management Services Market Analysis and Forecast By Services Type

4. Global Application Management Services Market Analysis and Forecast By Industry

5. Global Application Management Services Market Analysis and Forecast By Region

6. North America Application Management Services Market Analysis and Forecast, By Country, 2012-2022

7. Latin America Application Management Services Market Analysis and Forecast, By Country, 2012-2022

and many more…

Application Management Services Market Potential Growth, Size, Share, Demand And Analysis Of Key Players – Research Forecasts To 2027

Quick Summary

Application Management Services Market Growth and Analysis to 2027

Key Takeaways

Frequently Asked Questions about Application Management Services Market Potential Growth, Size, Share, Demand And Analysis Of Key Players – Research Forecasts To 2027