Application Modernization Services Market Size, Share, Growth Analysis, By Service Type(Application Portfolio Assessment, Cloud Application Migration, Application Re-Platforming, Application Integration), By Deployment Mode(Public Cloud, Private Cloud), By Organization Size(Small and Medium-Sized Enterprises, Large Enterprises), By Vertical(BFSI, Healthcare and Life Sciences, Telecommunications, IT and ITEs), By Region - Industry Forecast 2025-2032

As per the application modernization services market analysis, North America is the most significant global application modernization services market shareholder and is estimated to grow at a CAGR of 14.6% over the forecast period. Rapidly changing IT infrastructure, expanding small and medium-sized organizations (SMEs), and rising cybersecurity solutions drive the North American application modernization services market. Growing IT supply manufacturers and distributors in the United States are replacing physical servers with virtualized environments to cut costs. Canada is experiencing strong demand in a multi-cloud scenario and more significant automation usage. Such approaches benefit the regional application modernization services industry.  

Asia-Pacific is anticipated to exhibit a CAGR of 14.8% over the forecast period. Many Asian countries are expected to demonstrate attractive opportunities for deploying application modernization technologies. The existence of numerous significant vendors and government investments in technology-related services encourages the adoption of application modernization. Asia-Pacific's application modernization market is driven by growing populations, major technological shifts, and the intensive technologies to meet expanding software service demand in nations such as Australia, China, Japan, and India. According to a Gartner analysis, investment in application modernization will increase as more software-as-a-service-based solution offerings become available.