Asia Pacific Application Modernization Tools Market Dynamics and Trends by 2027

Historic Data: 2016-2017 | Base Year: 2018 | Forecast Period: 2019-2027

Asia Pacific Application Modernization Tools Market to 2027 - Regional Analysis and Forecasts by Product Type (COBOL, ADA, RPG, Assembler, PowerBuilder, Others); Application (Emulation, Translation, Business Rules Extraction)

Report Date : Oct 2019
Report Code : TIPRE00007022

Category : Technology, Media and Telecommunications
Status : Published

Available Report Formats :
No. of Pages : 137

Page Updated: Feb 2025

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

Asia-Pacific application modernization tools market is expected to grow from US$ 1.18 Bn in 2018 to US$ 7.04 Bn by the year 2027. This represents a CAGR of 22.1% from the year 2018 to 2027.

End-to-end business process optimization, increased operational efficiency, improved customer experience, and reduced costs are a few of the factors driving the application modernization tools market. The paradigm shift of enterprises from traditional channels to digital and automated channels results in multiple benefits ranging from improved efficiency to reduced cost and increased revenue opportunities. In addition to this, the rising technological advancements in cloud computing and storage technology, the power of cloud-based platforms has increased multi-fold during the past few years. Digital transformation implies new business models and engagement models with customers, stakeholders, and partners.

Companies are transforming their business digitally to compete effectively in the digital era. This digital transformation has a high impact on the application modernization tools market growth and is expected to drive the market significantly during the forecast period.

Currently, China is dominating the application modernization tools market in terms of adoption, which in turn boost the demand for application modernization tools market. China is one of the largest markets in APAC and therefore hosts a large number of IT enterprises. Due to the increasing need for better productivity, flexibility, and cost competitiveness, many of the companies in this country are opting for legacy modernization tools and services to meet the growing demand for advanced technologies. According to the Ministry of Industry and Information Technology, China, the IT and software services companies are constantly witnessing the growth and demanding legacy modernization tools and services to enhance their footprint in the country further. The figure given below highlights the revenue share of Rest of Asia-Pacific in the Asia-Pacific application modernization tools market in the forecast period:

Rest of Asia-Pacific Application Modernization Tools Market Revenue and Forecasts to 2027 (US$ Mn)

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

ASIA-PACIFIC APPLICATION MODERNIZATION TOOLS MARKET - SEGMENTATION

Asia-Pacific Application Modernization Tools Market by Product Type

COBOL
ADA
RPG
Assembler
PowerBuilder
Others

Asia-Pacific Application Modernization Tools Market by Application

Emulation
Translation
Business Rules Extraction

Asia-Pacific Application Modernization Tools Market by Country

China
Japan
South Korea
India
Australia
Rest of APAC

Asia-Pacific Application Modernization Tools Companies Mentioned

Advanced Computer Software Group Limited
Aspire Systems (India) Pvt. Ltd.
Atos SE
Deloitte Touche Tohmatsu Limited
FreeSoft
IBM Corporation
Micro Focus International plc
Mphasis Limited
Semantic Designs
Virtusa Corporation

Asia Pacific Application Modernization Tools Report Scope

Report Attribute	Details
Market size in 2018	US$ 1.18 Billion
Market Size by 2027	US$ 7.04 Billion
Global CAGR (2018 - 2027)	22.1%
Historical Data	2016-2017
Forecast period	2019-2027
Segments Covered	By Product Type COBOL ADA RPG Assembler PowerBuilder By Application Emulation Translation Business Rules Extraction
Regions and Countries Covered	Asia-Pacific China India Japan Australia Rest of Asia-Pacific
Market leaders and key company profiles	Advanced Computer Software Group Limited Aspire Systems (India) Pvt. Ltd. Atos SE Deloitte Touche Tohmatsu Limited FreeSoft IBM Corporation Micro Focus International plc Mphasis Limited Semantic Designs

Research Manager

Ankita Mittal

Manager,
Market Research & Consulting

Ankita is a dynamic market research and consulting professional with over 8 years of experience across the technology, media, ICT, and electronics & semiconductor sectors. She has successfully led and delivered 100+ consulting and research assignments for global clients such as Microsoft, Oracle, NEC Corporation, SAP, KPMG, and Expeditors International. Her core competencies include market assessment, data analysis, forecasting, strategy formulation, competitive intelligence, and report writing.

Ankita is adept at handling complete project cycles—from pre-sales proposal design and client discussions to post-sales delivery of actionable insights. She is skilled in managing cross-functional teams, structuring complex research modules, and aligning solutions with client-specific business goals. Her excellent communication, leadership, and presentation abilities have enabled her to consistently deliver value-driven outcomes in fast-paced and evolving market environments.

What are the Asia Pacific Application Modernization Tools Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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