ICT & Media

North America 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)

  • THE3276270
  • 140 Pages
  • September 2019
  • ICT & Media
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North America application modernization tools market is expected to grow from US$ 4.25 Bn in 2018 to US$ 16.56 Bn by the year 2027. This represents a CAGR of 16.5% from the year 2018 to 2027. Application modernization market is witnessing a high demand from customers for the integration of applications with other solutions. An application modernization service providers are integrating various solutions with the applications and front ended on tablets, mobile, and web. Services providers integrate solutions such as robotic process automation (RPA) which is an as-a-service automation platform to gain a strong position in the application modernization tools market. It enables to replicate the interaction of technology and human to automate a wide range of operations and support processes cost-effectively and increases the reliability. These advancements in services are expected to have a positive impact on the growth of application modernization tools market.

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). 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 noteworthy growth through the value chain of application modernization market.

The North America application modernization tools market by application is segmented into the emulation, translation, and business rules extraction. The Text Translation Tool is used to translate enterprise applications into foreign languages more safely, quickly, and easier than the traditional methods. This tool uses computer-assisted technology that further accelerates the business process as well as enhances the quality of the code. The translation is fast and library-based tools that allow an automated translation and iterative approach for previously translated words and phrases. For instance, UniqueSoft, LLC offers D*Code Software Modernization Tool Suite that offers highly automated process and robust language translator, and metrics to inform modernization decisions; it also aids business rule extraction with the capability of fully modernizing extracted rules as well as aligning them with business processes. Emulation holds a significant share of North America application modernization tools market.

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 North America application modernization tools market. It also provides an overview and forecast for the North America application modernization tools market based on all the segmentation provided with respect to the North America region. Also, primary interviews were conducted with industry participants and commentators in order 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 North America application modernization tools industry. Some of the players present in North America application modernization tools market are Advanced Computer Software Group Limited, Aspire Systems, Asysco, Atos SE, Blu Age, Deloitte Touche Tohmatsu Limited, FreeSoft, Inc., Language Portability Solutions, Micro Focus, and Mphasis Limited.

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. North America Application Modernization Tools-Market Landscape

4.1 Market Overview

4.2 Ecosystem Analysis

4.3 PEST Analysis

4.3.1 North America PEST Analysis

5. Application Modernization Tools Market – Key Industry Dynamics

5.1 Key Market Drivers

5.1.1 Growing digital transformation across different industries

5.1.2 Stringent regulatory compliances and growing need for its adherence

5.2 Key Market Restraints

5.2.1 High upfront costs involved in implementation and up gradation

5.3 Key Market Opportunities

5.3.1 Integration with other solutions

5.4 Future Trends

5.4.1 Artificial intelligence and analytics is expected to contribute to the market growth during the forecast period

5.5 Impact Analysis of Drivers and Restraints

6. North America Application Modernization Tools Market –Market Analysis

6.1 North America Application Modernization Tools Market Overview

6.2 North America Application Modernization Tools Market Forecast and Analysis

7. North America Application Modernization Tools Market – By Product Type

7.1 Overview

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

7.3 COBOL

7.3.1 Overview

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

7.4 ADA

7.4.1 Overview

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

7.5 RPG

7.5.1 Overview

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

7.6 Assembler

7.6.1 Overview

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

7.7 PowerBuilder

7.7.1 Overview

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

7.8 Other

7.8.1 Overview

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

8. North America Application Modernization Tools Market – By Application

8.1 Overview

8.2 North America Application Modernization Tools Market Breakdown, By Application, 2018 & 2027

8.3 Emulation

8.3.1 Overview

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

8.4 Translation

8.4.1 Overview

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

8.5 Business Rules Extraction

8.5.1 Overview

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

9. North America Application Modernization Tool Market – Country Analysis

9.1 Overview

9.1.1 North America Application Modernization Tool Market Breakdown, By Country

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

9.1.1.1.1 US Application Modernization Tool Market Breakdown, By Product Type

9.1.1.1.2 US Application Modernization Tool Market Breakdown, By Application

9.1.1.2 Canada Application Modernization Tool Market Revenue and Forecast to 2027 (US$ Mn)

9.1.1.2.1 Canada Application Modernization Tool Market Breakdown, By Product Type

9.1.1.2.2 Canada Application Modernization Tool Market Breakdown, By Application

9.1.1.3 Mexico Application Modernization Tool Market Revenue and Forecast to 2027 (US$ Mn)

9.1.1.3.1 Mexico Application Modernization Tool Market Breakdown, By Product Type

9.1.1.3.2 Mexico 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 Language Portability Solutions

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 Micro Focus International plc.

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 Mphasis Limited

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. North America Application Modernization Tools Market Revenue and Forecasts to 2027 (US$ Mn)

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

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

Table 4. North America Application Modernization Tool Market Revenue and Forecast to 2027 – By Country (US$ Mn)

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

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

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

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

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

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

Table 11. Glossary of Term: Application Modernization Tools Market

 
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