Demand Faster Time-To-Market of Software Releases bolster Agile Application Life-Cycle Management Market

MarketResearchReports.biz has announced the addition of a report, titled “Agile Application Life-Cycle Management Market: Global Industry Analysis and Opportunity Assessment 2017-2027”. The in-depth study on the global agile application life-cycle management market offers a granular assessment of growth dynamics, prominent adoption trends, key opportunities, new avenues, and the competitive landscape. The study takes a closer look at trends driving innovations in the market and offers insights into major factors restraining the market.

The global agile application life-cycle management (agile ALM) market has made considerable strides in the area of software delivery in modern times. The rising demand for intelligent products have led vendors increasingly implement agile ALM platforms and methods. Several key benefits offered by ALM to application lifecycle are increased collaboration among stakeholders, amazing flexibility to incorporate changes, faster time-to-market and higher quality of releases. In addition, since agile ALM is based on an open architecture, it imparts to large flexibility to the entire processes.

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The rising need for attaining cross-team visibility in software development is also bolstering the growth of the market. The big inherent risks of project failures is stoking the popularity of agile ALM among software development teams. The growing demand for strong life cycle management solution among organizations developing software systems is also fueling the need for agile application life-cycle management methods.

The rising demand for customization of products during the software development lifecycle, in the light of rapid upgrade in technologies, is also propelling the demand for agile AGM. Efforts by end users in adopting new approaches in software development are boosting the market. The rising implementation of agile AGM small-scale development projects is also accentuating revenues in the global market. The rapid influx of these projects in enterprises, especially in developing regions, is a crucial trend that has been providing robust impetus to the market.

The rising shift away from one-size-fits-all approaches in software development lifecycle will provide new growth momentum to the agile application life-cycle management market. The rising demand for software interim builds by clients is a notable factor fueling the adoption rate of agile AGM methods.

The various key end-use industries in the agile application life-cycle management market are banking, financial services and insurance (BFSI), IT and telecommunications, healthcare, retail, transportation, and energy and utilities. On the regional front, North America is anticipated to rise at rapid pace driven by the rapid pace of automation in several of end-use industries. Moreover, the growing preference of agile process over conventional life-cycle management in software development is also keeping Asia Pacific lucrative.

Some of the top players operating in the agile application life-cycle management market are VersionOne, Inc., Microsoft Corporation, CA Technologies, Inc., Atlassian Corporation, Changepoint Corporation, IBM Corporation, and Hewlett-Packard Development Company, L.P.

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Agile Application Life-Cycle ManagementMarket: Regional Overview

Agile Application Life-Cycle Management market is currently dominated by North America region owing to technological advancements and level of automation in the region; especially by US and Canada. Europe agile application life-cycle management market follows next as various industry verticals such as transportation and automation industry are realizing the importance of this technology over conventional product lifecycle management. APEJ region is fast picking up pace in the agile application life-cycle management market owing to increase in demand of agile process over conventional life-cycle management.

The report covers exhaustive analysis on:

Agile Application Life-Cycle Management Market Segments

• Agile Application Life-Cycle Management Market Dynamics
• Historical Actual Market Size, 2013 - 2015
• Agile Application Life-Cycle Management Market Size & Forecast 2017 to 2027
• Value Chain
• Agile Application Life-Cycle Management Market Current Trends/Issues/Challenges
• Competition & Companies involved
• Agile Application Life-Cycle Management Market Drivers and Restraints

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