San Francisco, Nov 29 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.
Browse full research report on 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: 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
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Middle East & Africa
Browse press release of this report
by Grand View Research: 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.
For more information:
www.grandviewresearch.com
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