Blockchain Press Releases
Application Management Services Market size worth $ 88.49 Billion, Globally, by 2028 at 22.00% CAGR: Verified Market Research®
The “Global Application Management Services Market Size By Services, By Organization Size, By Vertical, By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Application Management Services Market, including its growth prospects, market trends, and market challenges.
JERSEY CITY, N.J., July 24, 2023 /PRNewswire/ — The Global Application Management Services Market is projected to grow at a CAGR of 22.00% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 17.28 Billion in 2020 and is expected to reach USD 88.49 Billion by the end of the forecast period.
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Browse in-depth TOC on “Application Management Services Market“
202 – Pages
126 – Tables
37 – Figures
Application Management Services Market Experiencing Remarkable Growth with Prominent Key Players: Accenture, Atos, Capgemini, Cognizant, Fujitsu, DXC, HCL, IBM, Wipro, and Tech Mahindra
The global Application Management Services Market is witnessing substantial growth, fueled by various market drivers and supported by key players that have been at the forefront of delivering exceptional solutions. Application Management Services encompass a range of outsourced processes wherein companies entrust their enterprise application management tasks to specialized organizations, providing maintenance, modification, and enhancement support throughout the application lifecycle, commonly referred to as enterprise application management.
Market Drivers:
The thriving Application Management Services Market is propelled by several key factors that have contributed to its significant expansion:
- BYOD Adoption: The increasing adoption of Bring Your Own Device (BYOD) policies in companies has sparked a surge in demand for Application Management Services, as organizations seek efficient management of diverse devices within their network.
- High Demand for Mobile Apps: The growing demand for mobile apps across industries has driven the need for robust mobile app management services, further boosting the market’s growth trajectory.
- Cloud Computing and Value Pursuit: The widespread use of cloud computing and companies’ pursuit of deriving value from cloud, analytics, social computing, and cognitive computing technologies have opened up new avenues for the Application Management Services Market.
Outlook and Growth Opportunities:
Companies are recognizing the strategic significance of cloud, mobility, analytics, social computing, and cognitive computing technologies. In response, they are focusing on streamlined application management and support services to strike the perfect balance between productivity and security while aligning their expanding application portfolios with business requirements. This forward-looking approach is expected to drive the Global Application Management Services Market in a positive direction, presenting promising growth opportunities.
Challenges:
Despite the positive outlook, the market faces certain challenges that must be addressed to ensure sustained growth. Data security concerns stand as a significant challenge for the Application Management Services Market. Additionally, the time-intensive nature of application management, along with architectural and operational complexities, and high investments in application security may strain IT application budgets, acting as potential restraints to market growth.
Key Players:
The Global Application Management Services Market is marked by the presence of prominent key players that have demonstrated leadership and innovation in delivering top-notch services. Some of the key players in the market include:
– Accenture (Republic of Ireland)
– Atos (France)
– Capgemini (France)
– Cognizant (US)
– Fujitsu (Japan)
– DXC (US)
– HCL (India)
– IBM (US)
– Wipro (India)
– Tech Mahindra (India)
Financial Statements, Product Benchmarking, and SWOT Analysis:
These key players have consistently shown impressive performance, which is reflected in their financial statements. Their commitment to excellence is evident through product benchmarking and SWOT analysis, which ensures they stay at the cutting edge of the industry.
Key Development Strategies, Market Share, and Market Ranking Analysis:
The key players in the Application Management Services Market have adopted various development strategies to enhance their offerings, expand their market presence, and cater to evolving customer needs. Their market shares and market ranking analysis affirm their strong position in the industry, making them pivotal contributors to the market’s growth and success.
As the Application Management Services Market continues to evolve, these key players are well-positioned to leverage emerging opportunities, address challenges effectively, and sustain their growth trajectory.
For more information, financial statements, product benchmarking, and SWOT analysis, on the Global Application Management Services Market, please purchase Application Management Services Market report at Verified Market Research.
Based on the research, Verified Market Research® has segmented the global Application Management Services Market into Services, Organization Size, Vertical, And Geography.
- Application Management Services Market, by Services
- Application Security
- Application Maintenance and Support
- Application Managed Services
- Application Portfolio Assessment
- Application Modernization
- Application Management Services Market, by Organization Size
- Small and Medium-Sized Enterprises
- Large Enterprises
- Application Management Services Market, by Vertical
- Banking, Financial Services, and Insurance (BFSI)
- Telecom and IT
- Government
- Retail and eCommerce
- Healthcare and Lifesciences
- Others
- Application Management Services Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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Top Computerized Maintenance Management System Software to track and control assets
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Blockchain Press Releases
Binance Labs Backs Movement Labs’ Mission to Bring ‘Move Everywhere’ with Investment
- Undisclosed Investment From Binance Labs Follows Movement’s $38M Series A Funding Round
SAN FRANCISCO, May 1, 2024 /PRNewswire/ — Movement Labs, a San Francisco-based blockchain development team, today announced an investment from Binance Labs. These investments closely follow Movement Labs’ successful $38m Series A funding round as the company continues to gain momentum in its mission to bring ‘Move Everywhere.’
Founded in 2022, Movement is building an ecosystem of Modular Move-based blockchains, starting with M2, the first Move Virtual Machine L2 for Ethereum. Movement will use the funds to expand its suite of open-source tooling, frameworks, and protocols to facilitate the adoption of the Move programming language across broader blockchain ecosystems. With Movement, developers can launch secure, performant, and high-throughput Move VM rollups as easily as they do smart contracts.
As part of its global expansion strategy, Movement Labs is placing a strong emphasis on the Asia-Pacific (APAC) region, recognizing the immense potential and talent within the Move development community. The company is committed to championing and supporting Asian Move developers, providing them with the resources, education, and opportunities needed to showcase their exceptional work and contribute to the growth of the Move ecosystem.
“We are thrilled to welcome Binance Labs as an investor,” said Rushi Manche, Co-Founder of Movement Labs. “Their support and expertise will be invaluable as we continue to execute our ‘Move Everywhere’ strategy, starting with a focus on the vibrant and innovative APAC market. By empowering and collaborating with the talented Move developers in the region, we aim to accelerate the adoption of Move and unlock new possibilities for the entire ecosystem.”
For more information about Movement Labs and a guide to participate in its devnet, please visit: movementlabs.xyz and follow on X @movementlabsxyz and on Discord. Connect with us at movementlabs.xyz to discuss global business opportunities.
About Movement Labs:
Co-founders, Rushi Manche and Cooper Scanlon, early builders in the Move ecosystem, founded Movement Labs in 2022 as the first integrated blockchain network, powering the fastest and most secure Layer 2 on Ethereum. Designed to pair smart contract security and parallelization with EVM liquidity and user bases, Movement is bringing the MoveVM to Ethereum through its flagship L2 and connected rollups with the Move Stack.
About Binance Labs
As the venture capital arm and accelerator of Binance, Binance Labs has now grown to be worth over $10 billion. Its portfolio covers 250 projects from over 25 countries across six continents and has a return on investment rate of over 14X. Fifty of Binance Labs’ portfolio companies are projects that have gone through our incubation programs. For more information, follow Binance Labs on X.
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Blockchain Press Releases
Discover Move Move Coin: Is This the Next Sports Blockchain for Your Workout?
SINGAPORE, May 1, 2024 /PRNewswire/ — MMC Foundation Singapore is excited to announce the launch of Move Move Coin (MMC), the first-of-its-kind blockchain sports project designed to transform how we think about fitness and technology. This pioneering initiative is set to merge health with high-tech, promoting nationwide fitness through the innovative use of Web3 technology.
Transforming National Fitness with Blockchain
By integrating physical activity with blockchain, MMC creates a unique ecosystem where exercise translates directly into MMC computing power. Participants can engage in the MMC exercise plan, turning their workouts into tangible incentives for every physical activity.
Move Foundation’s mission is to ignite a passion for sports across the nation by offering a cutting-edge, enjoyable sports ecosystem. With the introduction of MMC, the vision is to position it as the leading global initiative for national sports programs powered by Web3 technology, setting a precedent for future sports blockchain projects.
Why You Should Move With MMC Foundation
MMC lies in a dynamic system that transforms physical activity into tangible rewards. Participants can enhance their fitness routines while simultaneously generating MMC computing power, a novel approach that earns them MMC encrypted assets. This unique feature leverages the dual benefits of health and technology, offering an incentive that goes beyond traditional fitness rewards.
The integration of NFT technology with sports equipment not only personalizes the user experience but also amplifies the benefits received from workouts. By purchasing NFTs that represent various pieces of sports gear, users can increase their MMC accumulation, thus adding a layer of customization and value to their exercise regimen.
To safeguard the integrity and longevity of NFT assets, MMC Foundation employs the IPFS network for storage, ensuring decentralized, reliable access worldwide. Looking ahead, MMC Foundation is set on expanding MMC’s footprint globally, collaborating with other blockchain ecosystems for seamless asset circulation and exchange, and positioning itself as a leader in the sports blockchain market.
The Global Vision for MMC Foundation
The future of the MMC project is marked by an ambitious global expansion strategy. This involves not only widespread promotion across various markets but also strategic partnerships with other blockchain ecosystems. These collaborations are essential for facilitating the cross-chain circulation and exchange of assets, enhancing the interoperability and reach of the MMC ecosystem.
MMC Foundation is also committed to a robust global marketing drive aimed at establishing the project as a top-tier brand within the sports blockchain industry. By actively promoting and aligning with international sports and fitness communities, MMC Foundation aims to create a widely recognized presence worldwide.
About Move Move Coin
Move Move Coin (MMC) is a solution initiated by the MMC Foundation in Singapore that utilizes Web3 technology to encourage and motivate nationwide physical fitness activities. MMC operates as a token rewards and blockchain-driven system, allowing participation in token mining through devices like smartphones and smartwatches for activity monitoring.
For more information, please visit:
- Official Website: movemovecoin.com
- Blockchain Explorer: mmcscan.com
- Whitepaper: https://doc.movemovecoin.com/zh-cn
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View original content:https://www.prnewswire.co.uk/news-releases/discover-move-move-coin-is-this-the-next-sports-blockchain-for-your-workout-302133005.html
MicroStrategy has increased its Bitcoin holdings to 214,400 BTC with a recent purchase of $7.8 million worth of the cryptocurrency. This move further solidifies MicroStrategy’s position as a major institutional holder of Bitcoin and demonstrates its continued bullish outlook on the digital asset.
MicroStrategy, a publicly traded business intelligence firm, has been actively accumulating Bitcoin as part of its treasury strategy, viewing the cryptocurrency as a long-term store of value and hedge against inflation. The recent purchase of $7.8 million worth of Bitcoin adds to the company’s already substantial holdings, reaffirming its confidence in the future potential of the digital currency.
MicroStrategy’s ongoing accumulation of Bitcoin reflects a broader trend of institutional adoption and investment in the cryptocurrency space. As more companies recognize the value proposition of Bitcoin as a hedge against economic uncertainty and fiat currency devaluation, they are increasingly allocating funds to acquire and hold the digital asset.
Overall, MicroStrategy’s decision to boost its Bitcoin holdings with a $7.8 million purchase underscores the company’s conviction in the long-term viability and potential of Bitcoin as a strategic asset. This move is likely to further encourage other institutions to explore Bitcoin as a component of their investment portfolios, driving continued growth and adoption in the cryptocurrency market.
Source: crypto.news
The post MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase appeared first on HIPTHER Alerts.
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