Application Lifecycle Management Market Global Forecast to 2024 By Solution, Platform (Web-Based Applications and Mobile-Based Applications), Deployment mode, Organization Size, Industry Growth, Regions


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Shibuya Data Count

Jan 13, 2021, 06:45 EST


Shibuya-ku, Tokyo, Japan, Japan, Jan 13, 2021, 06:45 /Comserve / -- Major vendors offering ALM solutions Atlassian(Australia), IBM(US), Microsoft(US), Micro Focus(UK), CollabNet(US), Broadcom(US), Digite(US), Inflectra(US), Intland(Germany), Perforce(US), and Siemens(Germany).

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.

The global Application Lifecycle Management (ALM) market size is projected to grow from USD 3.1 billion in 2019 to USD 4.5 billion by 2024, at a CAGR of 7.1% from 2019 to 2024. Major growth factors for the market include an increase in the adoption rate of ALM tools to shorten the release time and time-to-market, and adoption of new methodologies, such as Agile and DevOps, to leverage customer experience.

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"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

Major vendors offering:

ALM solutions Atlassian (Australia),
IBM(US),
Microsoft(US),
Micro Focus(UK),
CollabNet (US),
Broadcom(US),
Digite (US),
Inflectra (US),
Intland (Germany),
Perforce(US), and
Siemens (Germany). 

The study includes an in-depth competitive analysis of the key market players along with their company profiles, recent developments, and key market strategies.

Software segment to hold a larger market size in 2019
The ALM software enables teams of all sizes to deliver high-quality apps with greater speed and agility. The software continuously processes for application project and portfolio management, requirement gathering, estimation, planning and designing, development, test and quality assurance, deployment and DevOps, and application support and maintenance. The deployment of ALM software with the help of agile and DevOps technology improves communication and collaboration between teams.

By industry, telecom and IT industry to register the largest market size during the forecast period
The telecom and IT industry is playing a critical role in enabling the digital revolution with the help of ALM. The ALM approach helps enable digitalization. Moreover, the ALM software helps the industry in improving the predictability of the software in time, scope, quality, and cost through qualitative and quantitative data, resulting in tens of thousands of dollar savings annually. Telecommunication operators and carriers are adopting the ALM software to bring agility in telecom operations.

APAC to register the highest growth rate during the forecast period
The Asia Pacific (APAC) ALM market is experiencing a disruptive growth, owing to increase in the adoption of Internet of Things (IoT) and Bring Your Own Device (BYOD) trends, which is encouraging the organizations in the region to implement ALM software for streamlining their operational processes. Major factors for technological advancements in the region are growing middle-class income, rising levels of urbanization, technological innovation, and government support for the digital economy.The major countries to witness high growth rates in this region include Australia and New Zealand (ANZ), China, Japan, Singapore, and others.

By Company Type: Tier 1 – 40%, Tier 2 – 25%, and Tier 3 – 35%
By Designation: C-level – 40%, Director Level – 30%, and Others – 30%
By Region: North America – 50%, Europe – 15%, APAC – 25%, RoW – 10%

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-106872

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

Research Coverage
The market study covers the ALM market size across segments. It aims at estimating the market size and the growth potential of the market across segments by solution, platform, deployment mode, organization size, industry, and region. The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall ALM market and its subsegments. The report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENTS

1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 MARKET SCOPE 17
1.3.1 MARKET SEGMENTATION 17
1.3.2 REGIONAL SCOPE 18
1.4 YEARS CONSIDERED FOR THE STUDY 18
1.5 CURRENCY 19
1.6 STAKEHOLDERS 19
2 RESEARCH METHODOLOGY 20
2.1 RESEARCH DATA 20
2.1.1 SECONDARY DATA 21
2.1.2 PRIMARY DATA 22
2.1.2.1 Breakup of primaries’ profiles 22
2.1.2.2 Key industry insights 22
2.2 DATA TRIANGULATION AND MARKET BREAKUP 23
2.3 MARKET SIZE ESTIMATION 23
2.3.1 TOP-DOWN APPROACH 24
2.3.2 BOTTOM-UP APPROACH 24
2.4 MARKET FORECAST 25
2.5 ASSUMPTIONS FOR THE STUDY 26
2.6 LIMITATIONS OF THE STUDY 26
3 EXECUTIVE SUMMARY 27
4 PREMIUM INSIGHTS 32
4.1 ATTRACTIVE OPPORTUNITIES IN THE APPLICATION LIFECYCLE MANAGEMENT MARKET 32
4.2 APPLICATION LIFECYCLE MANAGEMENT MARKET IN NORTH AMERICA,
BY SOLUTION AND COUNTRY 33
4.3 APPLICATION LIFECYCLE MANAGEMENT MARKET: MAJOR COUNTRIES 34
5 MARKET OVERVIEW AND INDUSTRY TRENDS 35

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-106872

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.


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