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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. The thriving Application Management Services Market is propelled by several key factors that have contributed to its significant expansion, such as the increasing adoption of Bring Your Own Device (BYOD) policies in companies, the need for cost optimization, and the growing demand for cloud-based services.