Application Transformation Market Analysis 2018-2023 and Forecast to 2028: Low-Code and No-Code Application Development is a Major Trend Being Witnessed Globally [Yahoo! Finance]
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Source: Yahoo! Finance
The Global Application Transformation Market was valued at USD 10.13 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 14.23% through 2028. The market is currently undergoing remarkable growth driven by a myriad of factors that are fundamentally reshaping how organizations manage and optimize their software applications and IT infrastructure. Application transformation has emerged as a pivotal component in adapting to the ever-evolving technological landscape, enhancing agility, security, and efficiency across various industries. Let's delve into the key drivers propelling the expansion and adoption of application transformation technology across diverse sectors. Organizations worldwide are compelled to embark on digital transformation journeys to remain competitive and relevant in the modern business landscape. Digital transformation involves the integration of advanced technologies, data-driven decision-making, and the development
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