San Francisco, 26
November 2018:The global software consulting market is
expected to reach USD 382.65 billion by 2025, according to a new study
conducted by Grand View Research, Inc. The growing demand for digitalization in
business processes and low start-up costs associated with software consulting
services are expected to drive the growth of the market.
The growing adoption of enterprise software
solutions to increase productivity and efficiency of an organization is driving
the demand for software consulting services for efficient installation and use
of these solutions. The increasing need for the development of enterprise
mobile applications and web applications is further expected to drive the
demand for consultation planning, implementation, and support for applications.
Migration of IT infrastructure to cloud
computing infrastructure and traditional IT solutions to mobile computing
solutions are the current trends observed in the market. These trends are
expected to drive the demand for software consulting services over the forecast
period. Furthermore, new service providers in the market are delivering an
innovative business model that redefines the existing business model.
Moreover, digital transformation across the
manufacturing industries and adoption of Industry 4.0 standards are expected to
drive the demand for software consulting services for installing new software
based solutions and gaining insights on advanced changes made in the software
solutions. Increasing number of SMEs and their demand for advanced software
solutions for developing effective business models are expected to fuel the
growth of the market.
Access
Research Report of Software Consulting Market @ www.grandviewresearch.com/industry-analysis/software-consulting-market
Further key findings from the report suggest:
· The enterprise solution segment is expected
to account for a significant market share over the forecast period owing to the
increasing demand for an efficient and integrated system that minimizes
operational costs.
· Increasing investments by large enterprises
in advanced technologies to cope with the changing industry dynamics are
expected to drive the growth of the large enterprise segment.
· The IT & telecom segment is expected to
witness the highest growth in terms of revenue over the forecast period.
Increasing demand for maintaining quality, security, and performance of
software architecture in the IT & telecom industry are expected to drive
the growth of the market.
· North America is expected to continue to
dominate in the market over the forecast period owing to the presence of a
large number of software consulting service providers.
· The key industry participants include Atos
SE, Accenture, Capgemini, CGI Group Inc., Cognizant, Deloitte Touche Tohmatsu
Limited, Ernst & Young Global Limited, IBM Corporation, Oracle, PwC, and
SAP SE.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software
Grand View Research has segmented the
global software consulting market on the basis of application, enterprise size,
end-use, and region:
Software Consulting Application Outlook
(Revenue, USD Billion; 2014 - 2025)
·
Enterprise Solutions
·
Application Development
·
Migration & Maintenance services
·
Design Services
·
Application Testing Services
·
Software Security Services
Software Consulting Enterprise Size Outlook
(Revenue, USD Billion; 2014 - 2025)
·
Large Enterprise
·
Small & Medium Enterprise
Software Consulting End-use Outlook
(Revenue, USD Billion; 2014 - 2025)
·
Automotive
·
BFSI
·
Education
·
Government
·
Healthcare
·
IT & Telecom
·
Manufacturing
·
Retail
·
Others
Software Consulting Regional Outlook
(Revenue, USD Billion; 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
Access Press Release of
Software Consulting Market@ www.grandviewresearch.com/press-release/global-software-consulting-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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