Global Application Lifecycle Management Market to Reach US$4.4 bn by 2023, Increasing Demand for Mobile Communication Devices Drives Growth
Application lifecycle management (ALM) supervises the lifecycle of computer programs. It enables software development teams to manage their projects right from the initial planning to the retirement by providing governance, development, and maintenance of application software. In recent times, ALM solutions have gained acceptance in many industries such as automotive, medical healthcare, and BFSI, which has driven the growth of the global ALM market significantly.
Avail a Sample Research Study on Application Lifecycle Management Market
The report states that the increasing demand for smartphones, tablets, and other mobile communication devices across the world has been leading to the rising need for software applications, creating a massive requirement for ALM. On account of this, the market for ALM is likely to gain a significant impetus in the global arena over the forecast period.
In this study, the worldwide market for ALM has been analyzed on the basis of the component, the end user, and the regional spread of this market. Based on the component, the market has been classified into ALM software and ALM service. In 2014, the ALM services segment led the overall market with a share of more than 55%. Consulting ALM, professional ALM, and operation and maintenance ALM are the main components of the ALM services market.
Further, the report classifies the ALM software segment into on-premise ALM software and cloud-based ALM software. The cloud-based ALM software segment is projected to report the fastest CAGR of 8.7% during the forecast period. The ability of cloud-based ALM software solutions to provide worldwide access to information and the processes involved in software development is likely to stimulate this market segment substantially in the near future.
Browse Market Research Report with ToC & Free Analysis:
Based on the end user, the report segments the global application lifecycle management market into BFSI, healthcare, IT and telecom, aerospace and defense, energy and utilities, automotive and transportation, retail, and other end-use industries. In 2014, the demand for ALM solution was the highest from the IT and telecom industry. Analysts expect this trend to continue over the forecast period.
Regionally, the report has classified this market into North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa. Asia Pacific is anticipated to register the highest growth in the overall ALM market during the forecast period, notes the study.
IBM Corp., Microsoft Corp., Polarion Software GmbH, Atlassian Corp., Micro Focus International Plc, VersionOne Inc., Parasoft Corp., CollabNet Inc., Inflectra Corp., and HP Development Co. L.P. are the leading enterprises in the global ALM market, states the research report.
The global ALM market is segmented into:
Agile Centric ALM
Agile Centric ALM
Operation and Maintenance
By End User
Automotive and Transportation
Aerospace and Defense
Energy and Utilities
IT and Telecom
Rest of North America
Rest of Europe
Rest of APAC
Middle East & Africa
Rest of Middle East & Africa
Rest of Latin Americ
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Mr. Sudip. S
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Application Lifecycle Management Market to Reach US$4.4 bn by 2023, Increasing Demand for Mobile Communication Devices Drives Growth here
News-ID: 341226 • Views: 370
More Releases from Transparency Market Research
Packaged Vegan Foods Market Size, Review, Key Findings, Growth Strategy, Develop …
Consumers focusing on cutting down the animal based dairy products have started preferring packaged vegan food. Packaged vegan food are prepared without the use of any animal based ingredients resulting in low fat and cholesterol. Increasing number of people are now a days turning vegan because of their love and compassion toward animals and the environment. Obtain Report Details @ https://www.transparencymarketresearch.com/packaged-vegan-foods-market.html One of the major driving factor of packaged vegan food is
Hot Sauce industry Insights By Size , Status, Trends, Developments, Opportunitie …
The hot sauce market has witnessed immense growth pace across a number of other regional markets as well, where Asian cuisine is rapidly becoming the choice of youngsters. It is estimated that the market will continue to thrive in the near future and witness surging demand as new uses of hot sauce in native culinary styles of a number of countries are invented and adopted. The global market for hot sauce
Growth Opportunities in the Processed Fish Industry - Development, Trends, Key D …
Fish is one of the delicate food which demands proper handling for a long shelf life so that it do not lose its nutritional value and desired quality, the primary concern from which fish is to be protected is the deterioration issue. Many contributors are involved in fish processing such as fishermen, fish sourcing suppliers, seafood processors, manufacturers, logistics and distribution, marketing & sales, and end-use industries or consumers. Hence
Tea Tea Based Beverages Industry Size- Global Overview, Growth, Size, Opportunit …
The global tea and tea-based beverages market is anticipated to register a relatively higher compound annual growth rate of 4.9% in terms of revenue during the time frame of the forecast period, due to various market dynamics, regarding which, TMR offers detailed insights. Transparency Market Research provides key detailed insights into the global tea and tea-based beverages market, in its upcoming market outlook titled, 'Tea and Tea-Based Beverages Market: Global
More Releases for ALM
Global Application Lifecycle Management (ALM) Software Sales & Recent Developmen …
Qyresearchreports include new market research report "Global Application Lifecycle Management (ALM) Software Sales Market Report 2021" to its huge collection of research reports. The global market for Application Lifecycle Management (ALM) Software is discussed in detail within a new research study added recently to QYResearchReports.com. The report has been carefully examined both qualitatively and quantitatively and the results are revealed in the research report for the forecast period of 2017 to
Global Application Lifecycle Management (ALM) Industry 2016 Market Research Repo …
"The Report Global Application Lifecycle Management (ALM) Industry 2016 Market Research Report provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" About Application Lifecycle Management Market The Global Application Lifecycle Management (ALM) Industry Report 2016 is a professional and in-depth study on the current state of the Application Lifecycle Management (ALM) industry. Get Sample Copy of this report @ http://www.marketresearchreports.biz/sample/sample/1027860 The report provides a basic
codeBeamer: Free ALM Software for Your Team
Application Lifecycle Management solutions help software development teams manage the entire software development lifecycle, from requirements to delivery. However, advanced enterprise ALM platforms tend to be bulky and really expensive, while lightweight and cheaper single-point tools lack the benefits of integration. The solution: codeBeamer, a scalable and fully integrated ALM tool with advanced functionality. Oh and did we mention it was also free? Most complete ALM solutions with document management and
Release Note: codeBeamer ALM 7.4.
What is new in codeBeamer 7.4? codeBeamer 7.4 is released! We developed great features to provide users with unlimited flexibility to show dependencies between all tracker types and advanced filtering for easier querying and quicker access to information. The easy-to-use and easy-to-filter GUI of the new Project Browser enables users to categorize projects by colors based on their status. It saves users time when searching for relevant projects and checking
Agile Designer™ for HP ALM QC delivers modern applications faster
HP’s Application Lifecycle Management (ALM) software is widely used amongst organizations developing applications, however test flow management inefficiencies can impact hugely on project costs and time. “Clients have told us that issues such as making a small change to requirements can delay a project by weeks,” said Huw Price, Managing Director of Agile Designer™, “it should be quick and simple, but testers have to go through every single test
GUIdancer and Jubula now integrate with ALM tools
The free automated GUI test tools, GUIdancer and Jubula, now integrate with application lifecycle management (ALM) tools such as Jira and Bugzilla. In version 7.2, released on October 17th, test results can automatically be reported to external systems. This allows project members to view test results and their status directly from their ALM tool. The new versions can be downloaded from the BREDEX testing portal at http://testing.bredex.de. “The new options