Application Management Services Market Projected To Reach USD 121.75 Billion By 2030
San Francisco, 18 Sep 2024: The Report Application Management Services Market Size, Share & Trends Analysis Report By Services, By Deployment (Hosted, On-premise), By Enterprise Size, By End-use, By Region, And Segment Forecasts, 2024 - 2030 The global application management services market size is expected to reach USD 121.75 billion by 2030, registering a CAGR of 20.2% during the forecast period, according to a new report by Grand View Research, Inc. The industry is expected to witness a steady growth owing to the increasing demand from the financial services sector and healthcare industry. Application management services encompass a wide range of implementation and operational services that are vital to application maintenance, optimization, support and modernization, and migration. As the number of applications used and deployed by organizations is increasing continuously, the need to monitor and manage these services for business efficiency and continuity is driving th