Major factor in application lifecycle management market report that is expected to restrain growth of is the critical integration of ALM tools. The major vendors covered in the ALM market include Atlassian (Australia), IBM (US), Microsoft (US), Micro Focus (UK), CollabNet (US), CA Technologies (US), Digite (US), Inflectra (US), Intland Software (Germany), Perforce (US), and Siemens (Germany).
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Download Brochure of Application Lifecycle Management Market spread across 135 Pages, Profiling 11 Companies and Supported with 69 Tables and 44 Figures is now available at www.rnrmarketresearch.com/contacts…ple?rname=1422648 .
Application Lifecycle Management Market size is expected to grow from USD 2.58 billion in 2017 to USD 3.63 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 7.0% during the forecast period. This growth is expected to be fuelled by digital transformation across various verticals, increasing adoption of Agile and Dev Ops, & emergence of advanced ALM intelligence.
However, with presence of large players and open source ALM providers, market is expected to be highly competitive.
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Key Target Audience
- Independent testing service providers
- Project managers
- Business analysts
- Project managers
- Quality Assurance (QA)/test engineers
- ALM specialists
- ALM solution and service providers
Scope of report covers application lifecycle management market analysis by solution, deployment mode, platform, organization size, vertical, and region. In the solutions segment, software subsegment is expected to hold higher market share.
ALM software includes phases, like requirements management, estimation & planning, software development, testing & quality assurance, deployment & DevOps, support & maintenance, project and portfolio management, & collaboration & communication.
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In Application Lifecycle Management market Cloud deployment mode estimated to hold a larger market share in 2017, owing to need for providing extremely scalable IT-enabled capabilities to several clients who are using internet. Cloud technology widely adopted by various enterprises across globe, as cloud-based software and applications are cost-efficient, and can be deployed even in a basic IT infrastructure.
Application Lifecycle Management Market, By Industry
1 Banking, Financial Services, and Insurance
2 Telecom and It
3 Media and Entertainment
4 Retail and Ecommerce
7 Energy and Utilities
Application Lifecycle Management Market, By Region
2 North America
4 Asia Pacific
5 Middle East and Africa
6 Latin America
Globally, Europe led bio-lubricants market in 2016, whereas market in North America is projected to grow at highest CAGR, in terms of value, during forecast period. North America projected to be largest market by 2022.
Europe leads demand for bio-lubricants due to presence of countries, such as Germany, France, Finland, Norway, Italy, and others where environmental concerns are addressed through various emission standards and the use of biodegradable products.
“Application Lifecycle Management (ALM) Market by Solution (Software, and Services), Platform (Web-Based Applications, and Mobile Applications), Deployment Mode (On-Premises, and Cloud), Organization Size, Industry, and Region - Global Forecast to 2022” report at www.rnrmarketresearch.com/contacts/?rname=1422648 .
As per geographic analysis, APAC region is expected to witness fastest growth rate in Application Lifecycle Management market, due to region’s nature of rapidly adopting new technologies, making higher investments in digital transformation, & its aim at increasing Gross Domestic Product (GDP). Major countries that have the potential in this region include Australia, Singapore, China, Korea, Hong Kong, and India.
The report would help the market leaders/new entrants in the ALM market in the following ways:
- The report segments the ALM market comprehensively to provide the closest approximations of the revenue numbers for the overall market and its subsegments across different regions.
- The report helps the stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.
- The report helps the stakeholders understand the competitors and gain more insights to enhance their position in the market.
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