World (AMS) Application Management Services Market: 4.75% CAGR to 2021

ReportsnReports.com adds Global Application Management Services Market 2017-2021 latest research report; the analysts forecast global application management services market to grow at a CAGR of 4.75% during the period 2017-2021.

January 30, 2017 /MarketersMedia/ —

The global application management services market analyst says the traditional on-premises deployment of AMS is slowly being taken over by single and multi-tenant hosted services. These solutions are becoming an increasingly popular option for deploying enterprise software. In addition to the increased adoption of SaaS-based solutions by SMEs, hosted AMS are gradually being used by large enterprises. The software available over the Internet in a subscription model is more flexible than the SaaS-based model. Many vendors have also begun to offer their AMS through the SaaS-based model to expand their services and enter new markets. In addition, the economic challenges encountered by organizations require them to adopt SaaS-based models as a cost-cutting alternative.

Complete report on application management services market spread across 74 pages, analyzing 4 major companies and providing 37 data exhibits are now available at http://www.reportsnreports.com/reports/832203-global-application-management-services-market-2017-2021.html

According to the application management services market report, the need to improve business productivity and gain competitive advantages, such as optimization of capacity, reduction of lead time and cost, and increased profitability through IT infrastructure, is a major factor that drives the market. AMS enhance the organizational process by improving quality control and inventory control, which in turn, helps organizations improve their productivity and efficiency. The increasing importance of scalable IT systems are leading enterprises to look for business solutions that can accelerate the growth of an organization by effectively managing the business AMS. Over the last few years, many companies have deployed AMS to improve productivity, meet business demands, and remain competitive in the market.

The following companies are the key players in the global application management services market market: Accenture, IBM, Infosys, and TCS. Other prominent vendors in the market are: Atos Origin, Bourntec Solutions, Capgemini, Cognizant, CSC, Deloitte, Fujitsu, HP, Iblesoft, Ingenuity Technologies, L&T Infotech, Logica, Tech Mahindra, NTT Data, Wipro, and Xerox. Order a copy of Global Application Management Services Market 2017-2021 report @ http://www.reportsnreports.com/purchase.aspx?name=832203

The adoption rate is projected to increase significantly in South American countries such as Brazil, Chile, and Argentina during the forecast period. This surge is anticipated to be spurred by the implementation of technologies such as virtualization, cloud computing, and SaaS-hosted services.

Global Application Management Services Market 2017-2021 has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global Application Management Services market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of AMS.

Application management services market in the Americas: Fueled by the growth of the industrial verticals such as the BFSI, telecom, public sector, and oil and gas, large corporations, SMEs, and government organizations in South America are experiencing a surge in the demand for AMS. The adoption of AMS is the highest in the US.

Further, the application management services market report states that organizations generally use different legacy systems, processes, and applications, AMS, and data sources as part of their IT set-up. However, the integration of new AMS with existing legacy systems is a challenge to most vendors in the market. Visualization of their impact on the existing systems is essential before any new implementation. Vendors need to have a thorough understanding of the functionality, design, operation, and performance of existing systems. Lack of a sound understanding of existing systems has been a nagging issue for vendors.

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Release ID: 165310