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Enterprise agile transformation services market in U.S. predicted to reach $18.19 billion by 2026: Allied Market Research

Rise in need for faster product development, increase in demand for better communication & teamwork at enterprises, and changing business requirements facilitate the growth of the U.S. enterprise agile transformation services market. Based on geography, the western U.S. segment held more than one-fourth of the total share in 2018 and is expected to maintain the highest contribution in terms of revenue by 2026.

/EIN News/ -- Portland, OR, Feb. 25, 2020 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the U.S. enterprise agile transformation services market grabbed $4.91 billion in 2018, and is projected to garner $18.19 billion in 2026, growing at a CAGR of 17.9% from 2019 to 2026. The report offers an extensive analysis of drivers & opportunities, key segments, competitive scenario, key winning strategies, and market size & estimates.

Rise in need for faster product development, increase in demand for better communication & teamwork at enterprises, and changing business requirements facilitate the growth of the U.S. enterprise agile transformation services market. However, frequent rate of failures hinders the growth up to some extent. On the other hand, rise in agile services adoption among non-IT industries and new applications in big data landscape would offer new opportunities for the key players in the industry.

On the basis of organization size, the large enterprises segment contributed more than three-fourths of the total share in terms of revenue in 2018, and is estimated to maintain its dominance during the forecast period. This is due to the rise in need for managing huge teams with different mindset of people in the entire organization. On the other hand, the SMEs segment is expected to grow at the largest CAGR of 21.1% from 2019 to 2026.

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Based on service type, the agile development segment generated the highest share in 2018, contributing more than half of the total market share, and is estimated to maintain its dominant share by 2026. This is due to rise in need to transform industries and adopt with evolving technologies. On the other hand, the agile consulting segment is expected to portray the highest CAGR of 20.8% throughout the forecast period, 2019–2026.

Based on geography, the western U.S. segment held more than one-fourth of the total share in 2018 and is expected to maintain the highest contribution in terms of revenue by 2026. However, the midwestern U.S. segment is expected to grow at the fastest CAGR of 20.6% from 2019 to 2026.

The leading market players analyzed in the report include Agile Sparks Broadcom Inc., Accenture Plc., Hexaware Technologies Limited, Cognizant Technology Solutions Corporation, Endava Plc, LeadingAgile, International Business Machines Corporation, Xebia Group, Symphony Solutions, and others.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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