Leading Application Management Services Type Markets

The Application Management Services market was valued at $8,809.5 Million in 2025, and is projected to reach $15,027.4 Million by 2032 growing at a CAGR of 7.98% from 2026 to 2032. System Integration segment is expected to be the highest contributor to this market, with $3,139.4 Million in 2025, and is anticipated to reach $5,296.0 Million by 2032, registering a CAGR of 7.81%. Modernization Services segment is anticipated to reach $3,310.3 Million by 2032 with the highest CAGR of 8.16%. System Integration and Consulting Services segments collectively expected to account for about 65.9% share of the Application Management Services market in 2025, with the former constituting around 35.6% share. Modernization Services and Consulting Services segments are expected to witness significant growth rates at a CAGR of 8.16% and 7.95% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 52.0% in the overall Application Management Services market in 2025, and is anticipated to reach 52.3% by 2032.