The Enterprise Agile Transformation Services Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Enterprise Agile Transformation Services Global Market Report 2024, The enterprise agile transformation services market size has grown rapidly in recent years. It will grow from $34.65 billion in 2023 to $41.2 billion in 2024 at a compound annual growth rate (CAGR) of 18.9%. The growth in the historic period can be attributed to business expansion, data center modernization, e-commerce growth, big data analytics, security concerns.
The enterprise agile transformation services market size is expected to see rapid growth in the next few years. It will grow to $81.48 billion in 2028 at a compound annual growth rate (CAGR) of 18.6%. The growth in the forecast period can be attributed to edge computing expansion, artificial intelligence (AI) integration, 5g network rollout, remote work infrastructure, sustainable computing. Major trends in the forecast period include cybersecurity measures, hybrid cloud optimization, virtualization technology, focus on energy efficiency and sustainability, adoption of composable infrastructure.
The increasing adoption of the Internet of Things (IoT) is expected to propel the growth of the enterprise agile transformation services market going forward. The Internet of Things (IoT) is a network of physical devices embedded with sensors, software, and other technologies that allow them to connect and exchange data with other devices and systems over the Internet. The Internet of Things (IoT) is used in enterprise agile transformation services to optimize production processes, improve quality control, and predict maintenance needs. For instance, in September 2022, according to a report published by Ericsson, a Sweden-based telecommunications company, cellular IoT connections reached 3 billion by the end of 2023, with broadband IoT (4G/5G) accounting for over 1.6 billion of those connections. Additionally, North East Asia is expected to lead with over 2 billion cellular IoT connections. Therefore, the increasing adoption of the Internet of Things (IoT) is driving the growth of the enterprise agile transformation services market.
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The enterprise agile transformation services market covered in this report is segmented –
1) By Service: Development Services, Consulting Services
2) By Methodology: Scrum, Scrum/XP, Scrumban, Kanban, Custom Hybrid
3) By Organization: Large Enterprises, Small and Medium-sized Enterprises
4) By Industry Vertical: IT and Telecom, BFSI (Banking, financial services and insurance), Retail, Media and Entertainment, Government and Public Sector, Manufacturing, Healthcare, Other Industrial Verticals
Major companies operating in the enterprise agile transportation services market are developing advanced technologies, such as enterprise agile transformation solutions, to meet larger customer bases, increase sales, and increase revenue. Enterprise agile transformation solutions are a comprehensive set of tools, methodologies, and services designed to help organizations adopt agile principles and practices across all levels of their business. For instance, in August 2023, Apptio, a US-based software company, launched Targetprocess Solutions to accelerate agile transformations and shift from project- to product-based approaches. The distinctive feature of Targetprocess Solutions lies in its incorporation of templates facilitating seamless transitions from project-based to product-based funding models and the integration of SAFe 6.0 Agile standards. With harnessing Apptio Targetprocess’ renowned budgeting and financial management capabilities, this latest release empowers organizations to accelerate SAFe adoption tailored to their specific environments, ensuring swift time-to-value realization.
The enterprise agile transformation services market report table of contents includes:
1. Executive Summary
2.Enterprise Agile Transformation Services Market Characteristics
3.Enterprise Agile Transformation Services Market Trends And Strategies
4.Enterprise Agile Transformation Services market analysis
5. Enterprise Agile Transformation Services Market Size And Growth
6.Enterprise Agile Transformation Services Segmentation
7.Enterprise Agile Transformation Services Regional And Country Analysis
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27. Enterprise Agile Transformation Services Competitive Landscape And Company Profiles
28.Enterprise Agile Transformation Services Key Mergers And Acquisitions
29. Enterprise Agile Transformation Services Future Outlook and Potential Analysis
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