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The application management services market size is forecast to increase by USD 74.1 billion at a CAGR of 28.81% between 2023 and 2028. The Application Management Services (AMS) market is experiencing significant growth due to the increasing IT requirements for managing complex applications and systems. One of the key drivers is the widespread adoption of personal devices in the workplace, leading to an increase in the need for managing and maintaining various applications. Another trend is the shift towards Microservices and Minimal Personalisation, requiring Java developers to focus on building and managing smaller, modular applications. Legacy applications and systems continue to pose challenges, with their licensing costs and longer implementation processes hindering market growth. However, the demand for AMS is expected to remain strong as organizations seek to optimize their application portfolios and ensure seamless user experiences across mobile applications and other digital channels.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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