Overview and Scope
Enterprise agile transformation services refer to a range of offerings that help organizations adopt agile methodologies, including consulting, coaching, training, and providing agile tools and platforms. These services are designed to improve communication, collaboration, and overall efficiency within businesses.
Sizing and Forecast
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.
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Segmentation & Regional Insights
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
North America was the largest region in the enterprise agile transformation services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the enterprise agile transformation services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
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.
Key Industry Players
Major companies operating in the enterprise agile transformation services market report are Accenture PLC, International Business Machines Corporation, Broadcom Incorporated, Capgemini SE, Cognizant, Insight Enterprise Inc., TEKsystems Inc., Bain & Company Inc., Atlassian Corporation, Xebia Group, Hexaware Technologies Limited, Endava PLC, Scaled Agile Inc., Eliassen Group LLC, Infostretch Corporation, Apptio Inc., Scrum Inc., Isos Technology, IC Agile LLC, Agile Business Consortium Limited, Leading Agile LLC, Symphony Solutions, Radixweb, AgileSparks, Lean Agile Institute, Apexon
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 - Macro Economic Scenario
5. Global Enterprise Agile Transformation Services Market Size and Growth
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31. Enterprise Agile Transformation Services Market Other Major And Innovative Companies
32. Global Enterprise Agile Transformation Services Market Competitive Benchmarking
33. Global Enterprise Agile Transformation Services Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Enterprise Agile Transformation Services Market
35. Enterprise Agile Transformation Services Market Future Outlook and Potential Analysis
36.Appendix
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