Global Application Lifecycle Management Market is valued at approximately USD 3.54 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 7.20% over the forecast period 2023-2030. Application Lifecycle Management (ALM) is the process of managing the life of an application from concept to retirement. It involves people, tools, and processes that integrate various disciplines, such as project management, requirements management and governance. ALM also aims to ensure applications run efficiently and securely and meet the needs of end users and stakeholders. The Application Lifecycle Management Market is expanding because of factors such as the rising adoption of mobile devices and increasing usage of cloud-based technologies. Moreover, the expanding number of mobile devices and applications creates more complexity, which increases the service demand in the global market. Its importance has progressively increased during the forecast period of 2023-2030.
According to the Statista in 2021, the global count of mobile devices in operation reached nearly 15 billion and it is projected that the number of mobile devices is estimated to reach 18.22 billion by 2025, indicating a growth of 4.2 billion devices compared to 2020.In addition, North America recorded the highest smartphone adoption rate, accounting for 84 percent of total mobile connections in 2022. It is projected that the region's smartphone adoption rate will further increase to 90 percent by 2030. The emergence of cloud based ALM solutions is enabling organizations to reduce infrastructure costs and increase flexibility. According to Statista in 2021, the global cloud applications market had a value of 133.6 billion U.S. dollars and is expected to reach 168.6 billion U.S. dollars by 2025. In addition, digital transformation, and rising demand for filter products in the global market would create lucrative growth opportunities. However, high implementation costs and a lack of knowledge about ALM solutions stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Application Lifecycle Management Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is dominating region during the forecast period owing to the, increasing adoption of innovative technologies, along with the growing consumption of premium alcoholic beverages and the trend of industrial digitalization, are rising factors in the region. Asia Pacific is fastest growing region during the forecast period owing to the factors such as the rising number of startups , increased demand for automation and rapid digitization in the region.
Major market player included in this report are:
- Micro Focus International plc
- Broadcom Inc.
- Atlassian Corporation Plc
- Microsoft Corporation
- International Business Machines Corporation
- Siemens AG
- Intland Software
- Perforce Software, Inc.
- CollabNet VersionOne
- Infliximab
Recent Developments in the Market:
- In August 2021, Microsoft announced Azure DevOps Server 2020 Version 1.1, which enhances pipeline management, agile planning, and Git integration. The productivity of development teams using the Azure platform is increased by this release.
- In April 2021, The Italian software company myInvenio, which specialises in process mining, has been acquired by IBM. This acquisition is anticipated to assist IBM in advancing its hybrid cloud and AI strategy by giving its clients more automated and effective corporate processes.
- Global Application Lifecycle Management Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Solution, Platform, Deployment Mode, Application, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Solution:
By Platform:
- Web-Based Applications
- Mobile-Based Applications
By Deployment Mode:
By Application:
- Automotive and Transportation
- Aerospace and Defense
- BFSI
- Retail
- Healthcare
- IT and Telecom
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Application Lifecycle Management Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Application Lifecycle Management Market, by Solution, 2020-2030 (USD Billion)
- 1.2.3. Application Lifecycle Management Market, by Platform, 2020-2030 (USD Billion)
- 1.2.4. Application Lifecycle Management Market, by Deployment Mode, 2020-2030 (USD Billion)
- 1.2.5. Application Lifecycle Management Market, by Application, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Application Lifecycle Management Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Application Lifecycle Management Market Dynamics
- 3.1. Application Lifecycle Management Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising adoption of mobile devices
- 3.1.1.2. Increasing usage of cloud-based technologies.
- 3.1.2. Market Challenges
- 3.1.2.1. High implementation cost
- 3.1.2.2. lack of knowledge about ALM solutions
- 3.1.3. Market Opportunities
- 3.1.3.1. Digital transformation
- 3.1.3.2. Rising demand for filter products
Chapter 4. Global Application Lifecycle Management Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Application Lifecycle Management Market, by Solution
- 5.1. Market Snapshot
- 5.2. Global Application Lifecycle Management Market by Solution, Performance - Potential Analysis
- 5.3. Global Application Lifecycle Management Market Estimates & Forecasts by Solution 2020-2030 (USD Billion)
- 5.4. Application Lifecycle Management Market, Sub Segment Analysis
- 5.4.1. Software
- 5.4.2. Services
Chapter 6. Global Application Lifecycle Management Market, by Platform
- 6.1. Market Snapshot
- 6.2. Global Application Lifecycle Management Market by Platform, Performance - Potential Analysis
- 6.3. Global Application Lifecycle Management Market Estimates & Forecasts by Platform 2020-2030 (USD Billion)
- 6.4. Application Lifecycle Management Market, Sub Segment Analysis
- 6.4.1. Web-Based Applications
- 6.4.2. Mobile-Based Applications
Chapter 7. Global Application Lifecycle Management Market, by Deployment Mode
- 7.1. Market Snapshot
- 7.2. Global Application Lifecycle Management Market by Deployment Mode, Performance - Potential Analysis
- 7.3. Global Application Lifecycle Management Market Estimates & Forecasts by Deployment Mode 2020-2030 (USD Billion)
- 7.4. Application Lifecycle Management Market, Sub Segment Analysis
- 7.4.1. On-premise
- 7.4.2. Cloud
Chapter 8. Global Application Lifecycle Management Market, by Application
- 8.1. Market Snapshot
- 8.2. Global Application Lifecycle Management Market by Application, Performance - Potential Analysis
- 8.3. Global Application Lifecycle Management Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 8.4. Application Lifecycle Management Market, Sub Segment Analysis
- 8.4.1. Automotive and Transportation
- 8.4.2. Aerospace and Defense
- 8.4.3. BFSI
- 8.4.4. Retail
- 8.4.5. Healthcare
- 8.4.6. IT and Telecom
Chapter 9. Global Application Lifecycle Management Market, Regional Analysis
- 9.1. Top Leading Countries
- 9.2. Top Emerging Countries
- 9.3. Application Lifecycle Management Market, Regional Market Snapshot
- 9.4. North America Application Lifecycle Management Market
- 9.4.1. U.S. Application Lifecycle Management Market
- 9.4.1.1. Solution breakdown estimates & forecasts, 2020-2030
- 9.4.1.2. Platform breakdown estimates & forecasts, 2020-2030
- 9.4.1.3. Deployment Mode breakdown estimates & forecasts, 2020-2030
- 9.4.1.4. Application breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Application Lifecycle Management Market
- 9.5. Europe Application Lifecycle Management Market Snapshot
- 9.5.1. U.K. Application Lifecycle Management Market
- 9.5.2. Germany Application Lifecycle Management Market
- 9.5.3. France Application Lifecycle Management Market
- 9.5.4. Spain Application Lifecycle Management Market
- 9.5.5. Italy Application Lifecycle Management Market
- 9.5.6. Rest of Europe Application Lifecycle Management Market
- 9.6. Asia-Pacific Application Lifecycle Management Market Snapshot
- 9.6.1. China Application Lifecycle Management Market
- 9.6.2. India Application Lifecycle Management Market
- 9.6.3. Japan Application Lifecycle Management Market
- 9.6.4. Australia Application Lifecycle Management Market
- 9.6.5. South Korea Application Lifecycle Management Market
- 9.6.6. Rest of Asia Pacific Application Lifecycle Management Market
- 9.7. Latin America Application Lifecycle Management Market Snapshot
- 9.7.1. Brazil Application Lifecycle Management Market
- 9.7.2. Mexico Application Lifecycle Management Market
- 9.8. Middle East & Africa Application Lifecycle Management Market
- 9.8.1. Saudi Arabia Application Lifecycle Management Market
- 9.8.2. South Africa Application Lifecycle Management Market
- 9.8.3. Rest of Middle East & Africa Application Lifecycle Management Market
Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. Micro Focus International plc
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Recent Developments
- 10.3.2. Broadcom Inc.
- 10.3.3. Atlassian Corporation Plc
- 10.3.4. Microsoft Corporation
- 10.3.5. International Business Machines Corporation
- 10.3.6. Siemens AG
- 10.3.7. Intland Software
- 10.3.8. Perforce Software, Inc.
- 10.3.9. CollabNet VersionOne
- 10.3.10. Infliximab
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption