Saudi Arabia Application Management Services Market Outlook 2027 BY Size, Share, Trends, Growth Forecast - Industry Statistics

According to TechSci Research, Saudi Arabia Application Management Services Market is expected to grow at a robust CAGR over the next five years owing to increasing the need for business agility, increasing need to replace the legacy applications and increasing implementation of new technologies. Moreover, the other major factors driving the market are increasing demand from the financial services sector and growing trends of Internet of Things, cloud, and analytics. Furthermore, the SME’s segment in organizational sector, is expected to grow at the highest rate due to increasing adoption of the lift-and-shift movement strategy.

Some of the leading players in the Saudi Arabia Application Management Services market are DXC, Cognizant, IBM, HCL, Fujitsu, Tech Mahindra, ATOS, Capgemini, Wipro, Accenture etc.

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Objective of the Study:

·         To analyse and forecast the market size of Saudi Arabia Application Management Services market, in terms of value.

·         To classify and forecast Saudi Arabia Application Management Services market based on services, organization size, vertical and regional distribution.

·         To identify drivers and challenges for Saudi Arabia Application Management Services market.

·         To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia Application Management Services market.

·         To conduct the pricing analysis for Saudi Arabia Application Management Services market.

·         To identify and analyse the profile of leading players involved in the manufacturing of Saudi Arabia Application Management Services market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across Saudi Arabia. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration service providers across Saudi Arabia.

TechSci Research calculated the market size of Saudi Arabia Application Management Services market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

·         Saudi Arabia application management services providers

·         Professional and managed service providers

·         Application modernization vendors

·         IT Companies

·         Research organizations and consulting companies.

·         Research Institutes

·         Industry associations

·         Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Services

·         Organization Size

·         Vertical

Regional scope

Western Region, Central Region, Southern Region, Eastern Region, Northern Region

Key companies profiled

DXC, Cognizant, IBM, HCL, Fujitsu, Tech Mahindra, ATOS, Capgemini, Wipro, Accenture.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Saudi Arabia Application Management Services market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Saudi Arabia Application Management Services Market, By Services:
    • Application Portfolio Assessment
    • Application Security
    • Application Modernization
    • Application Managed Services
    • Others
  • Saudi Arabia Application Management Services Market, By Organization Size:
    • Small and Medium-Sized Enterprises
    • Large Enterprises
  • Saudi Arabia Application Management Services Market, By Vertical:
    • Banking, Financial Services, & Insurance
    • Healthcare & Life Sciences
    • Telecommunications & IT
    • Government & Défense
    • Energy and Utilities
    • Others
  • Saudi Arabia Application Management Services Market, by Region:
    • Western Region
    • Central Region
    • Southern Region
    • Eastern Region
    • Northern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Application Management Services market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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