Application Management Services Market. Moreover, increasing demand for hosted application management services and rising usage of personal devices at workplaces are some factors. The application outsourcing management and system integration management segment have a similar revenue share in the application management services market with the former edging slightly ahead.
Apart from this, the expanding utilization of the product or service is anticipated to boost the market growth in the coming years. 7 application management services market, by organization size (page no. According to verified market research, the global application management services market was valued at usd 13.00 billion in 2018 and is projected to reach usd 56.01 billion by 2026, growing at a cagr of 19.92% from 2019 to 2026.
Increase in the use of boyd(bring your own device) in companies, high demand for mobile apps, and robust mobile app management services are the major factors driving the growth of the global application management services market.
You can browse full report: The global application management services market is expected to reach usd 87.60 billion by 2025. The application outsourcing management segment is anticipated to have a value of almost us$ 20.5 billion by the end of the forecast period. An application management service comprises of combination of various implementation, projects and operational services in an organization to optimize its activities.