Egypt Application Modernization Services Market (2025-2031) | Outlook, Value, Growth, Companies, Revenue, Share, Size, Analysis, Forecast, Trends & Industry

Market Forecast By Service Type (Application Portfolio Assessment, Cloud Application Migration, Application Re-Platforming, Application Integration, UI Modernization, Post-Modernization), By Deployment Mode (Public Cloud, Private Cloud), By Organization Size (Large enterprises, Small and Medium Enterprises (SMEs)), By Verticals (BFSI, Healthcare and Life Sciences, Telecommunication, IT and ITeS, Retail and Consumer Goods, Government and Public Sector, Energy and Utilities, Manufacturing) And Competitive Landscape

Product Code: ETC4402493 Publication Date: Jul 2023 Updated Date: Sep 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

Egypt Application Modernization Services Market Highlights

Report Name Egypt Application Modernization Services Market 
Forecast period 2025-2031
CAGR 4.8%
Growing Sector Banking, Financial Services, and Insurance

Topics Covered in the Egypt Application Modernization Services Market Report

Egypt Application Modernization Services Market report thoroughly covers the market by service type, by deployment mode, by organization size, and by verticals. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Egypt Application Modernization Services Market Synopsis

In Egypt, application modernization services are becoming increasingly crucial as organizations seek to update their legacy systems to more efficient and scalable technologies. This market is driven by a need to keep up with the fast-paced digital transformation, enhance customer experience, and improve operational efficiency. Businesses are taking advantage of cloud computing, AI, and other emerging technologies to stay competitive in a rapidly evolving digital economy.

According to 6Wresearch, the Egypt Application Modernization Services Market size is projected to reach at a CAGR of 4.8% during the forecast period 2025-2031. The primary driving forces behind Egypt's application modernization services market include the government's strong push for digitalization in the public sector and the growing start-up ecosystem demanding agile and scalable software solutions. Moreover, there is a rising need among enterprises to reduce IT expenses while simultaneously promoting innovation, fueling the need for modernizing existing applications.

The Egypt Application Modernization Services industry is witnessing a growing trend towards the adoption of cloud services, containerization, and microservices architecture. There is also an increasing reliance on DevOps practices to streamline development and operations, enabling businesses to bring new features and improvements to market more rapidly. As digital engagement continues to increase, ensuring application scalability and security through modernization will remain a pressing priority for Egyptian enterprises.

Government Initiatives Introduced in the Egypt Application Modernization Services Market

The Egyptian government has introduced various initiatives to support the transition to a digital economy. These include the implementation of the "Egypt Vision 2030" which emphasizes technological innovation and infrastructure development, and the establishment of the Ministry of Communications and Information Technology's Digital Transformation Strategy, which aims to enhance the ICT sector and support the modernization of applications in both the public and private sectors.

Key Players in the Egypt Application Modernization Services Market

The shift in the market dynamics has led to the emergence of key players that are making significant contributions to Egypt's application modernization. Notable among these are global IT giants as well as local firms, such as DXC Technology, IBM Egypt, and EITESAL Association.

Future Insights of the Egypt Application Modernization Services Market

The Egypt application modernization services market growth is set to grow even further. The continuous push for digital transformation by the government and the adaptability of enterprises to the evolving technological landscape are expected to drive innovation and expansion in this realm. In an age where consumer demand and competitive pressures mandate rapid application updates and releases, the need for ongoing modernization services will undoubtedly escalate. As a result, companies that adapt swiftly and adopt newer models like Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) will have a distinct advantage in the future marketplace.

Market Analysis by Service Type

According to Dhaval, Research Manager, 6Wresearch, Cloud Application Migration is witnessing a particularly robust growth trajectory. As more businesses in Egypt recognize the benefits of cloud computing—such as scalability, cost-efficiency, and enhanced security—there is a significant upsurge in demand for services enabling the migration of traditional applications to cloud environments.

Market Analysis by Vertical

Based on the verticals, the BFSI (banking, financial services and insurance) sector is the only vertical that is growing in the Egypt Application Modernization Services Market. This can be attributed to the increasing demand for secure and efficient financial services, as well as the need for modernized applications to meet regulatory compliance requirements in this industry.

Key attractiveness of the report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024.
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Egypt Application Modernization Services Market Outlook
  • Market Size of Egypt Application Modernization Services Market, 2024
  • Forecast of Egypt Application Modernization Services Market, 2031
  • Historical Data and Forecast of Egypt Application Modernization Services Revenues & Volume for the Period 2021-2031
  • Egypt Application Modernization Services Market Trend Evolution
  • Egypt Application Modernization Services Market Drivers and Challenges
  • Egypt Application Modernization Services Price Trends
  • Egypt Application Modernization Services Porter's Five Forces
  • Egypt Application Modernization Services Industry Life Cycle
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Service Type for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Application Portfolio Assessment for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Cloud Application Migration for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Application Re-Platforming for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Application Integration for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By UI Modernization for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Post-Modernization for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Deployment Mode for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Public Cloud for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Private Cloud for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Organization Size for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Large enterprises for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Small and Medium Enterprises (SMEs) for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Verticals for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By BFSI for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Healthcare and Life Sciences for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Telecommunication for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By IT and ITeS for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Retail and Consumer Goods for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Government and Public Sector for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Energy and Utilities for the Period 2021-2031
  • Historical Data and Forecast of Egypt Application Modernization Services Market Revenues & Volume By Manufacturing for the Period 2021-2031
  • Egypt Application Modernization Services Import Export Trade Statistics
  • Market Opportunity Assessment By Service Type
  • Market Opportunity Assessment By Deployment Mode
  • Market Opportunity Assessment By Organization Size
  • Market Opportunity Assessment By Verticals
  • Egypt Application Modernization Services Top Companies Market Share
  • Egypt Application Modernization Services Competitive Benchmarking By Technical and Operational Parameters
  • Egypt Application Modernization Services Company Profiles
  • Egypt Application Modernization Services Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Service Type

  • Application Portfolio Assessment
  • Cloud Application Migration
  • Application Re-Platforming
  • Application Integration
  • UI Modernization
  • Post-Modernization

By Deployment Mode

  • Public Cloud
  • Private Cloud

By Organization Size

  • Large Enterprises
  • Small And Medium Enterprises (SMEs)

By Verticals

  • BFSI
  • Healthcare And Life Sciences
  • Telecommunication
  • IT And ITeS
  • Retail And Consumer Goods
  • Government And Public Sector
  • Energy And Utilities
  • Manufacturing

Egypt Application Modernization Services Market (2025-2031): FAQs

The increasing adoption of cloud services, particularly Cloud Application Migration, by the BFSI sector. This is coupled with a general trend toward digitalization and the need for businesses to stay competitive by optimizing their IT infrastructure.
While the BFSI sector is currently showing the most significant growth due to the increasing demand for secure and efficient financial services, as well as the need for modernized applications to meet regulatory compliance requirements in this industry.
Notable among these are global IT giants as well as local firms, such as DXC Technology, IBM Egypt, and EITESAL Association.
6Wresearch actively monitors the Egypt Application Modernization Services Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Egypt Application Modernization Services Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Egypt Application Modernization Services Market Overview
3.1 Egypt Country Macro Economic Indicators
3.2 Egypt Application Modernization Services Market Revenues & Volume, 2021 & 2031F
3.3 Egypt Application Modernization Services Market - Industry Life Cycle
3.4 Egypt Application Modernization Services Market - Porter's Five Forces
3.5 Egypt Application Modernization Services Market Revenues & Volume Share, By Service Type, 2021 & 2031F
3.6 Egypt Application Modernization Services Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F
3.7 Egypt Application Modernization Services Market Revenues & Volume Share, By Organization Size, 2021 & 2031F
3.8 Egypt Application Modernization Services Market Revenues & Volume Share, By Verticals, 2021 & 2031F
4 Egypt Application Modernization Services Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.2.1 Growing demand for digital transformation initiatives in Egyptian businesses
4.2.2 Increasing focus on enhancing operational efficiency and reducing costs through modernized applications
4.2.3 Rise in adoption of cloud computing technologies in Egypt
4.3 Market Restraints
4.3.1 Limited awareness and understanding of the benefits of application modernization services among businesses
4.3.2 Resistance to change and reluctance to invest in upgrading legacy systems
5 Egypt Application Modernization Services Market Trends
6 Egypt Application Modernization Services Market, By Types
6.1 Egypt Application Modernization Services Market, By Service Type
6.1.1 Overview and Analysis
6.1.2 Egypt Application Modernization Services Market Revenues & Volume, By Service Type, 2021-2031F
6.1.3 Egypt Application Modernization Services Market Revenues & Volume, By Application Portfolio Assessment, 2021-2031F
6.1.4 Egypt Application Modernization Services Market Revenues & Volume, By Cloud Application Migration, 2021-2031F
6.1.5 Egypt Application Modernization Services Market Revenues & Volume, By Application Re-Platforming, 2021-2031F
6.1.6 Egypt Application Modernization Services Market Revenues & Volume, By Application Integration, 2021-2031F
6.1.7 Egypt Application Modernization Services Market Revenues & Volume, By UI Modernization, 2021-2031F
6.1.8 Egypt Application Modernization Services Market Revenues & Volume, By Post-Modernization, 2021-2031F
6.2 Egypt Application Modernization Services Market, By Deployment Mode
6.2.1 Overview and Analysis
6.2.2 Egypt Application Modernization Services Market Revenues & Volume, By Public Cloud, 2021-2031F
6.2.3 Egypt Application Modernization Services Market Revenues & Volume, By Private Cloud, 2021-2031F
6.3 Egypt Application Modernization Services Market, By Organization Size
6.3.1 Overview and Analysis
6.3.2 Egypt Application Modernization Services Market Revenues & Volume, By Large enterprises, 2021-2031F
6.3.3 Egypt Application Modernization Services Market Revenues & Volume, By Small and Medium Enterprises (SMEs), 2021-2031F
6.4 Egypt Application Modernization Services Market, By Verticals
6.4.1 Overview and Analysis
6.4.2 Egypt Application Modernization Services Market Revenues & Volume, By BFSI, 2021-2031F
6.4.3 Egypt Application Modernization Services Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F
6.4.4 Egypt Application Modernization Services Market Revenues & Volume, By Telecommunication, 2021-2031F
6.4.5 Egypt Application Modernization Services Market Revenues & Volume, By IT and ITeS, 2021-2031F
6.4.6 Egypt Application Modernization Services Market Revenues & Volume, By Retail and Consumer Goods, 2021-2031F
6.4.7 Egypt Application Modernization Services Market Revenues & Volume, By Government and Public Sector, 2021-2031F
6.4.8 Egypt Application Modernization Services Market Revenues & Volume, By Manufacturing, 2021-2031F
6.4.9 Egypt Application Modernization Services Market Revenues & Volume, By Manufacturing, 2021-2031F
7 Egypt Application Modernization Services Market Import-Export Trade Statistics
7.1 Egypt Application Modernization Services Market Export to Major Countries
7.2 Egypt Application Modernization Services Market Imports from Major Countries
8 Egypt Application Modernization Services Market Key Performance Indicators
8.1 Percentage increase in the number of businesses adopting application modernization services
8.2 Growth in the number of partnerships between application modernization service providers and local businesses
8.3 Average time taken to complete an application modernization project
8.4 Improvement in the performance metrics of applications post-modernization
8.5 Rate of return on investment for businesses that have undergone application modernization
9 Egypt Application Modernization Services Market - Opportunity Assessment
9.1 Egypt Application Modernization Services Market Opportunity Assessment, By Service Type, 2021 & 2031F
9.2 Egypt Application Modernization Services Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F
9.3 Egypt Application Modernization Services Market Opportunity Assessment, By Organization Size, 2021 & 2031F
9.4 Egypt Application Modernization Services Market Opportunity Assessment, By Verticals, 2021 & 2031F
10 Egypt Application Modernization Services Market - Competitive Landscape
10.1 Egypt Application Modernization Services Market Revenue Share, By Companies, 2024
10.2 Egypt Application Modernization Services Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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