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Link to original content: http://fr.statista.com/outlook/tmo/it-services/it-outsourcing/application-outsourcing/worldwide
Definition :
Application Outsourcing refers to the market for all IT application services in a software production context, spanning from requirement assessments to concept and design of software applications. Furthermore, it includes the development (production), support, and maintenance of such software products and services by contracted service providers.
Application outsourcing allows organizations to leverage specialized skills, accelerate development timelines, reduce costs, and ensure efficient management of their applications.
Additional Information:
The Application Outsourcing market comprises revenues, revenue change, average spend per employee, and a list of the key players in the market and their consolidated revenues. Market values represent revenues that are generated by primary vendors either directly or through distribution channels at the manufacturer price level (excluding VAT). Reported market revenues include spending by enterprises (B2B) and governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed. Key players in the market include NEC, Accenture, Capgemini, VMware, and Hewlett Packard Enterprise.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Apr 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Apr 2024
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Apr 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Company Insights
The demand for Application Outsourcing services has been increasing worldwide, driven by the need for cost optimization, focus on core competencies, and digital transformation initiatives.
Customer preferences: Customers are increasingly looking for reliable and efficient Application Outsourcing services that can help them optimize their IT costs without compromising quality. They also prefer providers who can offer flexible engagement models, agile methodologies, and innovative solutions to help them stay ahead of the competition.
Trends in the market: In North America, the Application Outsourcing market is driven by the need for digital transformation, cloud adoption, and automation. The United States is the largest market in the region, followed by Canada and Mexico. The market is highly competitive, with several large players dominating the landscape.In Europe, the Application Outsourcing market is driven by the increasing adoption of cloud-based services, big data analytics, and the Internet of Things (IoT). The United Kingdom, Germany, and France are the largest markets in the region, with several local and global players competing for market share.In Asia-Pacific, the Application Outsourcing market is driven by the increasing demand for digital services, mobile applications, and e-commerce. China, India, and Japan are the largest markets in the region, with several local and global players offering a wide range of services to meet the diverse needs of customers.
Local special circumstances: In Latin America, the Application Outsourcing market is driven by the increasing adoption of cloud-based services, big data analytics, and artificial intelligence. Brazil and Mexico are the largest markets in the region, with several local and global players competing for market share. However, political instability, economic uncertainty, and regulatory challenges pose significant risks for businesses operating in the region.In the Middle East and Africa, the Application Outsourcing market is driven by the increasing demand for digital services, mobile applications, and cybersecurity. The United Arab Emirates, Saudi Arabia, and South Africa are the largest markets in the region, with several local and global players offering a wide range of services to meet the diverse needs of customers. However, geopolitical tensions, security risks, and economic volatility pose significant challenges for businesses operating in the region.
Underlying macroeconomic factors: The Application Outsourcing market is expected to continue growing in the coming years, driven by the increasing demand for digital services, cloud-based solutions, and automation. However, geopolitical tensions, economic volatility, and regulatory challenges pose significant risks for businesses operating in the market. To succeed in this competitive landscape, businesses need to stay agile, innovative, and customer-centric, and be able to offer a wide range of services to meet the diverse needs of customers.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Apr 2024
Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices
Data coverage:
The data encompasses B2G, B2B, and B2C enterprises. Figures are based on enterprises' technology spending on products, consulting, and outsourcing services.Modeling approach / Market size:
Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players in the industry, Statista's primary research and surveys, and IT associations. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, internet users, and telecommunication. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing method is used based on the market data characteristics. The main drivers are the GDP and its sector composition, internet penetration, the level of digitization, and the attitude toward IT security.Additional notes:
The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.
Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights
