Share this article Share this article NEW YORK, March 5, 2021 /PRNewswire/ -- Technavio has been monitoring the application management services market and it is poised to grow by USD 47.56 billion during 2020-2024, progressing at a CAGR of about 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Get a Free sample report in MINUTES Application Management Services Market by Type and Geography - Forecast and Analysis 2020-2024 Impact of COVID-19 The COVID-19 pandemic continues to transform the growth of various industries; however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have at Par impact on the application management services market.