Application Management Services Market Expected To Trigger A Revenue Increase To USD 87.60 Billion By 2025:Key Participant Accenture plc, Atos S.E.,Capgemini Group S.A.Corporation

San Francisco, 18 December 2018, Application Management Services Market Analysis Report By Service (System Integration, Support & Maintenance), By Deployment, By Application, By Region, And Segment Forecasts, 2018 – 2025

The global application management services market is estimated to reach USD 87.60 billion by 2025, 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 the demand for application services across different industries.

Companies today make use of a myriad set of applications to address client needs, deal with numerous stakeholders in the value chain, and keep abreast with the rapidly evolving technology landscape. These conditions have been augmented with the advent of new trends such as Internet of Things, cloud, and analytics, which are disrupting the traditional system models. Owing to these factors, the application management services are anticipated to witness a steady rise in demand over the years to come.

The application services industry is quite mature, which can be attributed to the presence of many traditional service providers who are entrenched firmly in the market. As the technological adoption gains velocity in the industry, delivery models and service scopes are set to exhibit a dramatic change with Software as a Service and cloud deployments playing a significant role in the market.

Access Full Research Report On Application Management Services Market  Analysis:
www.grandviewresearch.com/industry-analysis/application-management-services-market

Further key findings from the report suggest:

·         The industry is marked by the presence of big enterprises such as Cognizant, Accenture, IBM, Capgemini, and Deloitte

·         The banking, financial services, and insurance segment is anticipated exhibit a significant increase in demand

·         IT cost reduction, digitalization, and the need for gaining agility, reliability, and integrated system models will shape the nature of services provided and sought after in the market

·         The impact of changing industry dynamics will be profoundly exhibited on outsourcing, whether offshoring or onshoring industries, at a global level

·         The lack of innovation, communication gaps, and inefficient methods for change management and governance may become major hurdles in the industry’s growth over the forecast period

Browse More Reports Of This Category By Grand View Research At:  www.grandviewresearch.com/industry/communication-services

Grand View Research has segmented the application management services market on the basis of service, deployment, application, and region:

Service Outlook (Revenue, USD Million; 2014 - 2025)

·         System Integration

·         Support & Maintenance

·         Database Management

·         Consulting

·         Modernization

·         Others

Deployment Outlook (Revenue, USD Million; 2014 - 2025)

·         On-premise

·         Cloud

Application Outlook (Revenue, USD Million; 2014 - 2025)

·         BFSI

·         Healthcare

·         IT and Telecom

·         Retail

·         Public Sector

·         Others

Regional Outlook (Revenue, USD Million; 2014 - 2025)

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    UK

o    Germany

·         Asia Pacific

o    China

o    Japan

o    India

·         South America

o    Brazil

·         Middle East & Africa (MEA)

Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-application-management-services-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com/

Smart Transportation Market Expected To Trigger A Revenue Increase To USD 285.12 Billion By 2024:Key Participant Cubic Corporation, General Electric Company (GE)

The global smart transportation market size is estimated to reach USD 285.12 billion by 2024, according to a new study by Grand View Research, Inc., registering a CAGR of 22.5% during the forecast period. Rising number of on-road vehicles and ineffective existing transport infrastructure are expected to propel the need for efficient management systems. Favorable government initiatives for building better infrastructure and smooth running of existing transport systems are expected to boost industry growth.

Increasing investments in smart city projects are anticipated to open up new avenues for growth in the coming years as smart transportation is an integral part of any smart city. In addition, rising government focus on reducing greenhouse gas emissions and curbing alarming levels of traffic congestion is anticipated to drive industry growth over next few years. Increasing number of government mandates, such as those by the European Union (EU) and Directive on Intelligent Transport System, are also anticipated to favor the market during the forecast period.

On the flip side, need for massive capital for replacing existing infrastructure with smart technologically advanced systems is expected to hinder industry growth. Longer downtime for replacing existing systems may also pose a challenge to its growth and can affect daily commute.

Access Full Research Report On Smart Transportation Market Analysis:
www.grandviewresearch.com/industry-analysis/smart-transportation-market

Further key findings from the study suggest:

·         Key solutions available in the market include ticketing management systems, parking management systems, integrated supervision systems, and traffic management systems

·         Integrated supervision systems are used for reducing traffic blocks, minimizing accidents, and providing better safety measures. This segment holds high growth potential

·         The cloud service segment is anticipated to witness a surge in demand, owing to rising need for storage of data generated through these systems

·         Professional service vendors offer consulting services and may witness an increase in demand over the next few years, owing to need for services to upgrade existing infrastructure

·         The North America market accounted for over 27.0% of the global revenue in 2015; Asia Pacific, on the other hand, is estimated to be the fastest-growing segment, offering lucrative growth opportunities for industry players

·         Government initiatives to enhance transport infrastructure are expected to favor the Europe market for smart transportation. The MEA market is also likely to be driven by increasing government investments in transport infrastructure

·         Key industry participants include Accenture PLC; Alstom, SA; Cisco System, Inc.; Cubic Corporation; General Electric Company (GE); Indra Sistema S.A.; International Business Machine (IBM) Corporation; Kapsch; LG CNS Corporation; and Xerox Corporation.

Browse More Reports Of This Category By Grand View Research At:  www.grandviewresearch.com/industry/automotive-and-transportation

Grand View Research has segmented the global smart transportation market report based on solution, service, and region:

Smart Transportation Solution Outlook (Revenue, USD Billion, 2015 - 2024)

·         Ticketing management system

·         Parking management system

·         Integrated supervision system

·         Traffic management system

Smart Transportation Service Outlook (Revenue, USD Billion, 2015 - 2024)

·         Cloud services

·         Business services

·         Professional services

Smart Transportation Regional Outlook (Revenue, USD Billion, 2015 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         RoW

Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-smart-transportation-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com/

Smart Transportation Market Expected To Trigger A Revenue Increase To USD 285.12 Billion By 2024:Key Participant Accenture PLC, Alstom, SA, Cisco System, Inc.

San Francisco, 04 December 2018, The global smart transportation market size is estimated to reach USD 285.12 billion by 2024, according to a new study by Grand View Research, Inc., registering a CAGR of 22.5% during the forecast period. Rising number of on-road vehicles and ineffective existing transport infrastructure are expected to propel the need for efficient management systems. Favorable government initiatives for building better infrastructure and smooth running of existing transport systems are expected to boost industry growth.

Increasing investments in smart city projects are anticipated to open up new avenues for growth in the coming years as smart transportation is an integral part of any smart city. In addition, rising government focus on reducing greenhouse gas emissions and curbing alarming levels of traffic congestion is anticipated to drive industry growth over next few years. Increasing number of government mandates, such as those by the European Union (EU) and Directive on Intelligent Transport System, are also anticipated to favor the market during the forecast period.

On the flip side, need for massive capital for replacing existing infrastructure with smart technologically advanced systems is expected to hinder industry growth. Longer downtime for replacing existing systems may also pose a challenge to its growth and can affect daily commute.

Access Full Research Report On Smart Transportation Market Analysis:
www.grandviewresearch.com/industry-analysis/smart-transportation-market

Further key findings from the study suggest:

·         Key solutions available in the market include ticketing management systems, parking management systems, integrated supervision systems, and traffic management systems

·         Integrated supervision systems are used for reducing traffic blocks, minimizing accidents, and providing better safety measures. This segment holds high growth potential

·         The cloud service segment is anticipated to witness a surge in demand, owing to rising need for storage of data generated through these systems

·         Professional service vendors offer consulting services and may witness an increase in demand over the next few years, owing to need for services to upgrade existing infrastructure

·         The North America market accounted for over 27.0% of the global revenue in 2015; Asia Pacific, on the other hand, is estimated to be the fastest-growing segment, offering lucrative growth opportunities for industry players

·         Government initiatives to enhance transport infrastructure are expected to favor the Europe market for smart transportation. The MEA market is also likely to be driven by increasing government investments in transport infrastructure

·         Key industry participants include Accenture PLC; Alstom, SA; Cisco System, Inc.; Cubic Corporation; General Electric Company (GE); Indra Sistema S.A.; International Business Machine (IBM) Corporation; Kapsch; LG CNS Corporation; and Xerox Corporation.

Browse More Reports Of This Category By Grand View Research At:  www.grandviewresearch.com/industry/automotive-and-transportation

Grand View Research has segmented the global smart transportation market report based on solution, service, and region:

Smart Transportation Solution Outlook (Revenue, USD Billion, 2015 - 2024)

·         Ticketing management system

·         Parking management system

·         Integrated supervision system

·         Traffic management system

Smart Transportation Service Outlook (Revenue, USD Billion, 2015 - 2024)

·         Cloud services

·         Business services

·         Professional services

Smart Transportation Regional Outlook (Revenue, USD Billion, 2015 - 2024)

·         North America

·         Europe

·         Asia Pacific

·         RoW

Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-smart-transportation-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com/