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The 2023 version of the UK Applications Operations Market: Suppliers, 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 report also contains the Top 20 Supplier Ranking (by revenue) for the UK Applications Operations market, together with commentary on the up-and-coming players making noteworthy progress in this most competitive of arenas.
The marked uptick in UK demand for Applications Operations (AO) services in 2021 gathered even further momentum last year to deliver a period of significant growth. Sales of these offerings were up nearly 9% yoy in 2022. As “run” budgets come under increasing pressure in the face of gathering economic headwinds, the pace of AO market expansion is cooling and will remain more subdued for the foreseeable future
Despite the softer demand outlook, there will be a significant volume of incremental AO business let over the next three years. Competition in this market will, however, intensify as we move into a more cost conscious and investment constrained period. Going forward, successful AO service provision will need to be enhanced and transformed to boost client-wide productivity outcomes.
If you are a subscriber to TechSectorViews click here to download the UK Applications Operations Market: Suppliers, Trends and Forecast 2023 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 '07:00' - Tagged: applications newresearch operations MarketForecasts supplier+rankings
