Rise in Availability of Technical Expertise Expected to Drive Global Application Life Cycle Management Market: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Buy Now The Application Lifecycle Management or ALM is a specification, design & development and testing of software application of a computer program. It covers the complete lifecycle from the idea conception to the development, deployment, testing, support and eventually retirement of a software system. Moreover, it is an integrated system of processes, people, and tools that helps in managing the life of an application from concept to retirement. It is similar to Software Development Lifecycle (SDLC). It includes certain parameters for instance governance, maintenance, development, and decommissioning of software. Thus with the increasing applications in various sectors are making the market to grow at its prominent phase. Referring to study “Global Application Life Cycle Management Market to reach USD 5.70 billion by 2027” Some of the leading players operating in the global application life cycle management market are The International Business Machines Corporation, CollabNet, Inc., Microsoft Corporation, Inflectra Corporation, Parasoft Corporation, Micro Focus International plc, SAP SE, HP Development Company, L.P., Polarion Software GmbH, Digite, Inc., Atlassian Corporation Plc. These key players are continually in the process of updating their assistance or service portfolio. Based on type, application life cycle management market is segregated as software and services. Based on ALM tools, market is segregated as source code management, estimation & planning, large enterprises, small & medium enterprises, deployments or divots, application portfolio management, requirements management, testing & quality assurance, version control, maintenance & support and real-time planning & team communication. Based on hosted type, market is segregated as cloud and on-premise. In addition, based on application, market is segregated as high tech, healthcare & life science, aerospace & defense, transportation & hospitality, IT & telecom, consumer goods & retail, manufacturing, and others. The application life cycle management market is driven by rise in demand for improved decision makers’ software, followed by increase in shift of development model from waterfall to agile and ensures compliance throughout the application development phase. However, critical integration of ALM tools and slow disposable rate of legacy method may impact the market. Moreover, rapid uptake of mobile devices & growth in number of browsers/platforms and emergence of open source ALM tools are key opportunities for market. Based on geography, the North-American region holds major share in global application life cycle management market owing to presence of several enterprises with advanced IT infrastructure coupled with rise in availability of technical expertise in the region. Whereas, the Asian-Pacific and European regions are anticipated to exhibit substantial growth rate due to exponential increase in the demand for SaaS (software-as-a-service) based ALM over the forecast period. It is predicted that future of the global market will be optimistic because of rapid technological innovations along with rise in use of connected devices during the forecast period. The global application life cycle management market is valued approximately at US $2.88 billion in 2019 and is probable to grow with a healthy growth rate of more than 8.9% during the forecast period 2020-2027. For More Information, click on the link below:- Global Application Life Cycle Management Market Research Report Related Report:- Global Application Lifecycle Management (ALM) Tools Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread) Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications ankur@kenresearch.com +91-9015378249 Tags: Asia Pacific Application Life Cycle Management Market, Atlassian Corporation Plc Application Life Cycle Management Market, Brazil Application Life Cycle Management Market, Canada Application Life Cycle Management Market, China Application Life Cycle Management Market, CollabNet Inc. Application Life Cycle Management Market, Digite Inc. 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