Company Logo Dublin, Aug. 10, 2023 (GLOBE NEWSWIRE) — The "Application Modernization Services Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts- 2023 to 2031" report has been added to ResearchAndMarkets.com’s offering. The report analyzes the market and growth trends from 2023 to 2031. Application modernization services involve the transformation of existing applications and infrastructure to leverage modern technologies, enhance functionality, improve performance, and address security concerns. The market for application modernization services is expected to experience a CAGR of 16.5% during the forecast period, driven by factors such as the growing demand for cloud computing, digital transformation initiatives, and the need to address aging legacy systems. The report highlights several key drivers contributing to the growth of the application modernization services market: Need for Digital Transformation: Organizations across industries recognize the importance of embracing digital technologies to stay competitive and meet evolving customer expectations. Application modernization services help transform operations, improve agility, and enhance customer experiences, which are crucial for successful digital transformation initiatives. Legacy System Modernization: Legacy systems pose challenges like high maintenance costs, limited scalability, and difficulties in integrating modern technologies. Application modernization services offer a solution to address […]