ICT & Media

Europe Application Modernization Tools Market to 2027 - Regional Analysis and Forecasts by Product Type (COBOL, ADA, RPG, Assembler, PowerBuilder, Others); Application (Emulation, Translation, Business Rules Extraction)

  • THE3276269
  • 140 Pages
  • September 2019
  • ICT & Media
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Europe application modernization tools market is expected to grow from US$ 1.87 Bn in 2018 to US$ 9.91 Bn by the year 2027. This represents a CAGR of 20.6% from the year 2018 to 2027. Rapidly modernizing security threats in the coming years is expected to raise its capability to hastily analyze a large amount of data with the help of disruptive technologies like artificial intelligence (AI). The ability of AI and analytics to provide quick mathematical calculations to augment the vital abilities of human intelligence is anticipated to generate the growth opportunity for the application modernization tools market shortly.

AI has proven to be extensively worthy of threat detection as it can detect anomalies, patterns, and outliers more effortlessly and even with a less skilled workforce. Several application modernization service providers have already initiated research & development for the implementation of AI along with their modernization services. In the forthcoming years as the end-users’ expectation regarding user behavior and threat detection capabilities increases, the collaboration of existing application modernization tools with advanced analytical technologies is expected to drive remarkable growth through the value chain of application modernization tools market. The application modernization tools market is highly competitive with the presence of some of the well-established players as-well-as small players operating in the market.

The Europe application modernization tools market by product type is segmented into the COBOL, ADA, RPG, assembler, PowerBuilder, and others. The rising demand for web services and a surge in working with XML data from a range of sources are boosting the need for RPG applications. The web services client using C++ toolkit externally define the data structures to map between the elements of fields operational by RPG applications as well as XML documents. With the growing advancements in technology, many organizations have shifted their focus on introducing multiple evolved RPG versions in their application inventory for coding, which makes these applications monolithic and challenging to maintain. For instance, Infosys enables its customers to upgrade the old version of RPG inventory with new, optimized, free, and modular integrated language environment (ILE). Similarly, IBM also introduced its ILE to compile the coding as a program and modules. Furthermore, IBM and other market players stopped supporting RPG versions older than RPG IV. COBOL holds a significant share of Europe application modernization market and is expected to grow at a high growth rate.

The overall application modernization tools market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Europe application modernization tools market. It also provides an overview and forecast for the Europe application modernization tools market based on all the segmentation provided for the Europe region. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe application modernization tools industry. Some of the players present in Europe application modernization tools market are Advanced Computer Software Group Limited, Aspire Systems, Asysco, Atos SE, Blu Age, Deloitte Touche Tohmatsu Limited, FreeSoft, Inc., Micro Focus, Mphasis Limited, and Software Mining.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Application Modernization Tools Market Landscape

4.1 Market Overview

4.2 Ecosystem Analysis

4.3 PEST Analysis

4.3.1 Europe PEST Analysis

5. Europe Application Modernization Tools Market – Key Industry Dynamics

5.1 Key Market Drivers

5.1.1 Stringent regulatory compliances and growing need for its adherence

5.2 Key Market Restraints

5.2.1 High costs related to implementation and up gradation

5.3 Key Market Opportunities

5.3.1 Ease of implementation with other solutions

5.4 Future Trends

5.4.1 Adoption of technologies such as AI and Analytics to contribute to the market growth during the forecast period

5.5 Impact Analysis of Drivers and Restraints

6. Europe Application Modernization Tools Market –Market Analysis

6.1 Europe Application Modernization Tools Market Overview

6.2 Europe Application Modernization Tools Market Forecast and Analysis

7. Europe Application Modernization Tools Market – By Product Type

7.1 Overview

7.2 Europe Application Modernization Tools Market Breakdown, By Product Type, 2018 and 2027

7.3 COBOL

7.3.1 Overview

7.3.2 Europe COBOL Market, Revenue and Forecast to 2027 (US$ Mn)

7.4 ADA

7.4.1 Overview

7.4.2 Europe ADA Market, Revenue and Forecast to 2027 (US$ Mn)

7.5 RPG

7.5.1 Overview

7.5.2 Europe RPG Market, Revenue and Forecast to 2027 (US$ Mn)

7.6 Assembler

7.6.1 Overview

7.6.2 Europe Assembler Market, Revenue and Forecast to 2027 (US$ Mn)

7.7 PowerBuilder

7.7.1 Overview

7.7.2 Europe PowerBuilder Market, Revenue and Forecast to 2027 (US$ Mn)

7.8 Other

7.8.1 Overview

7.8.2 Europe Other Market, Revenue and Forecast to 2027 (US$ Mn)

8. Europe Application Modernization Tools Market – By Application

8.1 Overview

8.2 Europe Application Modernization Tools Market Breakdown, By Application, 2018 & 2027

8.3 Emulation

8.3.1 Overview

8.3.2 Emulation Market, Revenue and Forecast to 2027 (US$ Mn)

8.4 Translation

8.4.1 Overview

8.4.2 Europe Translation Market, Revenue and Forecast to 2027 (US$ Mn)

8.5 Business Rules Extraction

8.5.1 Overview

8.5.2 Europe Business Rules Extraction Market, Revenue and Forecast to 2027 (US$ Mn)

9. Europe Application Modernization Tool Market – Country Analysis

9.1 Overview

9.1.1 Europe Application Modernization Tool Market Breakdown, By Country

9.1.1.1 Germany Application Modernization Tool Market Revenue and Forecast To 2027 (US$ Mn)

9.1.1.1.1 Germany Application Modernization Tool Market Breakdown, By Product Type

9.1.1.1.2 Germany Application Modernization Tool Market Breakdown, By Application

9.1.1.2 UK Application Modernization Tool Market Revenue and Forecast To 2027 (US$ Mn)

9.1.1.2.1 UK Application Modernization Tool Market Breakdown, By Product Type

9.1.1.2.2 UK Application Modernization Tool Market Breakdown, By Application

9.1.1.3 France Application Modernization Tool Market Revenue and Forecast To 2027 (US$ Mn)

9.1.1.3.1 France Application Modernization Tool Market Breakdown, By Product Type

9.1.1.3.2 France Application Modernization Tool Market Breakdown, By Application

9.1.1.4 Italy Application Modernization Tool Market Revenue and Forecast To 2027 (US$ Mn)

9.1.1.4.1 Italy Application Modernization Tool Market Breakdown, By Product Type

9.1.1.4.2 Italy Application Modernization Tool Market Breakdown, By Application

9.1.1.5 Russia Application Modernization Tool Market Revenue and Forecast To 2027 (US$ Mn)

9.1.1.5.1 Russia Application Modernization Tool Market Breakdown, By Product Type

9.1.1.5.2 Russia Application Modernization Tool Market Breakdown, By Application

9.1.1.6 Rest of Europe Application Modernization Tool Market Revenue and Forecast To 2027 (US$ Mn)

9.1.1.6.1 Rest of Europe Application Modernization Tool Market Breakdown, By Product Type

9.1.1.6.2 Rest of Europe Application Modernization Tool Market Breakdown, By Application

10. Application Modernization Tools Market - Industry Landscape

10.1 Overview

10.2 Market Initiative

10.3 Merger and Acquisition

10.4 New Development

11. Application Modernization Tools Market- Company Profiles

11.1 Advanced Computer Software Group Limited

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Aspire Systems (India) Pvt. Ltd

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 Asysco Software BV

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Atos SE

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 Blu Age

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 Deloitte Touche Tohmatsu Limited

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 FreeSoft, Inc.

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 Micro Focus International plc.

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

11.9 Mphasis Limited

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.9.6 Key Developments

11.10 SoftwareMining Technologies

11.10.1 Key Facts

11.10.2 Business Description

11.10.3 Products and Services

11.10.4 Financial Overview

11.10.5 SWOT Analysis

11.10.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Glossary of Terms

LIST OF TABLES

Table 1. Europe Application Modernization Tools Market Revenue and Forecasts to 2027 (US$ Mn)

Table 2. Europe Application Modernization Tool Market Revenue and Forecast To 2027 – By Product Type (US$ Mn)

Table 3. Europe Application Modernization Tool Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 4. Europe Application Modernization Tool Market Revenue and Forecast To 2027 – By Key Countries (US$ Mn)

Table 5. Germany Application Modernization Tool Market Revenue and Forecast To 2027 – By Product Type (US$ Mn)

Table 6. Germany Application Modernization Tool Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 7. UK Application Modernization Tool Market Revenue and Forecast To 2027 – By Product Type (US$ Mn)

Table 8. UK Application Modernization Tool Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 9. France Application Modernization Tool Market Revenue and Forecast To 2027 – By Product Type (US$ Mn)

Table 10. France Application Modernization Tool Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 11. Italy Application Modernization Tool Market Revenue and Forecast To 2027 – By Product Type (US$ Mn)

Table 12. Italy Application Modernization Tool Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 13. Russia Application Modernization Tool Market Revenue and Forecast To 2027 – By Product Type (US$ Mn)

Table 14. Russia Application Modernization Tool Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 15. Rest of Europe Application Modernization Tool Market Revenue and Forecast To 2027 – By Product Type (US$ Mn)

Table 16. Rest of Europe Application Modernization Tool Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 17. Glossary of Term: Application Modernization Tools Market

 
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