*NEW RESEARCH* UK Applications Operations Market Trends & Forecasts 2021

The 2021 version of the UK Applications Operations Market Trends & Forecasts report is now available to download.

Containing our latest market size and forecast data, along with insight into market dynamics and the key trends shaping the market, plus analysis of the challenges facing suppliers and recommendations for how to move forward, it is vital reading for suppliers operating in the UK.

The Application Operations (AO) market faced significant challenges in 2020 as enterprises in many sectors cut all but essential expenditure on legacy estates in response to the effects of the pandemic. The nearer term outlook for the UK AO market is, however, improving with demand this year bouncing back to above the pre-COVID level. Nevertheless, the pace of growth during the forecast window is set to remain muted at a CAGR of just 1.2% for the next four years.

Beneath this somewhat placid surface, the digital revolution continues to gather pace within the AO arena. As enterprises now strive to reset and reimagine their businesses more fundamentally, platform-based services are forecast to account for more than 60% of this market by 2024. This will bring an additional £1.5bn of New AO expenditure into play over the next three years. The opportunities for business impact-oriented providers are significant. Traditional cautious incrementalism must, however, give way to more radical, rapid change in offerings, operating models and delivery methods.

If you are a subscriber to TechSectorViews click here to download the UK Applications Operations Market Trends & Forecasts report. If you don’t have a subscription and would like to gain access the report and our other research and services please contact Deb Seth.

Posted by Duncan Aitchison at '07:57' - Tagged: applications   newresearch   operations