DUBLIN, September 23, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/z5xr67/application) has announced the addition of the "Application Management Services Market in the US 2014-2018" report to their offering.
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An application management service is a combination of various projects and implementation services and operational services in an organization for its optimization activities. Application management service refers to the maintenance and support of applications and the support of users on a long-term basis. Implementation of application management services in organizations helps them to reduce operating costs, rationalize application systems, and improve software processes. With the implementation of these services, organizations can ensure that their business processes and underlying applications run smoothly.
The analysts forecast the Application Management Services Market in the US to grow at a CAGR of 5.35 percent over the period 2013-2018.
This report covers the present scenario and the growth prospects of the Application Management Services market in the US for the period 2014-2018. To calculate the market size, the report considers the revenue generated through the issue of enterprise business services, software, subscription, support and maintenance, and updates.
The report, the Application Management Services Market in the US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the Application Management Services market in the US and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the predominant trends in this market is increased demand for outsourcing. Many organizations have adopted application management services to improve the prospects and revenue of the business as well as reducing the costs, so organizations follows the outsourcing of processes to a team of specialists to manage and decrease operational costs.
According to the report, one major driver of the market is the need to improve service quality to maintain customer-supplier relationships. Application management services enable centralized management of enterprise data, which improves the decision-making process of an organization and its overall performance. These services enhance the service quality of an organization, which drives efficiency, enables business growth, improves core processes, boosts performance, and helps an organization gain competitive advantages.
Further, the report states that one major challenge that the market faces is the complexity involved maintaining applications as they need to be updated/changed as per business needs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Application Management Service market Segmentation
08. Buying Criteria
09. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
16. Key Vendor Analysis
17. Other Reports in this Series
For more information visit http://www.researchandmarkets.com/research/z5xr67/application
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SOURCE Research and Markets