Market Overview:
The global application lifecycle management market is expected to grow from USD 2.02 Billion in 2018 to USD 4.06 Billion by 2030, at a CAGR of 10.5% during the forecast period. The growth of this market can be attributed to the increasing demand for agile and DevOps methodology, growing trend of digital transformation, and rising need for reducing time-to-market for new applications. However, the lack of skilled workforce is restraining the growth of this market to some extent. On premise type segment is expected to hold a larger share of the global application lifecycle management market during the forecast period owing to its benefits such as improved security and control over data and applications, easy customization as per organization’s needs, and better performance as compared with hosted type segment.
Product Definition:
Application Lifecycle Management (ALM) is a term used in software engineering to describe the process of managing the development or maintenance of an application. The goal of ALM is to ensure that applications are developed, maintained and retired according to plan.
The importance of ALM depends on the organization. In some cases, it may be critical for ensuring that applications are delivered on time and within budget. In other cases, it may be less important but still valuable for maintaining an up-to-date record of changes made to an application and for facilitating collaboration between developers and other stakeholders.
On Premise:
On premise is a term used to define software and hardware systems that are installed on the customer's site. The most common type of on-premise software is an Application Lifecycle Management (ALM) solution, which assists in managing all phases of the development lifecycle from creation to maintenance and deployment. On premise solutions can be integrated with cloud technologies such as Software as a Service (SaaS).
Hosted:
The global hosted and it's usage in application lifecycle management market size was valued at USD 2,867.1 million in 2016. The increasing adoption of cloud-based solutions by small & medium enterprises is expected to drive the growth of this market over the forecast period.
Application Insights:
The industry has been segmented on the basis of application into aerospace and defense, consumer goods and retail, high-tech, IT and telecom, manufacturing, healthcare and life science. The others segment includes energy & power lifecycle management in oil & gas as well as renewable energy. The hosted application is expected to dominate the market with a share of over 40% by 2030 owing to its low cost structure along with easy scalability features.
The demand for application lifecycle management solutions from the IT industry is witnessing significant growth due to increasing investments in digital transformation initiatives that require consistent maintenance across all applications across different channels. Furthermore, growing concerns regarding data loss coupled with rising cybersecurity threats are driving demand from this sector over the forecast period.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its lead over the forecast period owing to increasing investments in new application development and deployment. Moreover, presence of major vendors with extensive experience in GALCIMS implementation will also drive regional growth.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing government initiatives for improving business processes and IT infrastructure management across various industries.
Growth Factors:
- Increased demand for agile and DevOps methodologies for faster time-to-market and improved quality.
- The need to manage the complexity of modern applications and multiple delivery channels (web, mobile, cloud).
- Growing popularity of microservices architecture and the need to manage dependencies between services.
- Proliferation of IoT devices and the need to manage software updates/patches for a large number of devices at scale. 5) Emergence of AI/ML in ALM which is expected to help automate application development processes
Scope Of The Report
Report Attributes
Report Details
Report Title
Application Lifecycle Management Market Research Report
By Type
On Premise, Hosted
By Application
Aerospace and Defense, Consumer Goods and Retail, High-Tech, IT and Telecom, Manufacturing, Healthcare and Life Science, Transportation and Hospitality, Others
By Companies
Atlassian, HPE, IBM, Microsoft, Broadcom, CollabNet, Intland Software, Kovair Software, Micro Focus, Neudesic, Object Technology Solutions, Rocket Software, Siemens Product Lifecycle Management Software, VersionOne
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Application Lifecycle Management Market Report Segments:
The global Application Lifecycle Management market is segmented on the basis of:
Types
On Premise, Hosted
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace and Defense, Consumer Goods and Retail, High-Tech, IT and Telecom, Manufacturing, Healthcare and Life Science, Transportation and Hospitality, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Atlassian
- HPE
- IBM
- Microsoft
- Broadcom
- CollabNet
- Intland Software
- Kovair Software
- Micro Focus
- Neudesic
- Object Technology Solutions
- Rocket Software
- Siemens Product Lifecycle Management Software
- VersionOne
Highlights of The Application Lifecycle Management Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On Premise
- Hosted
- By Application:
- Aerospace and Defense
- Consumer Goods and Retail
- High-Tech, IT and Telecom
- Manufacturing
- Healthcare and Life Science
- Transportation and Hospitality
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Application Lifecycle Management Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Application Lifecycle Management (ALM) is a process and an approach to managing the lifecycle of software applications. It encompasses all activities that are necessary to ensure that an application is developed, deployed, operated, and retired in a consistent and effective manner. ALM includes planning and management of the entire application life cycle from concept to retirement.
Some of the major players in the application lifecycle management market are Atlassian, HPE, IBM, Microsoft, Broadcom, CollabNet, Intland Software, Kovair Software, Micro Focus, Neudesic, Object Technology Solutions, Rocket Software, Siemens Product Lifecycle Management Software, VersionOne.
The application lifecycle management market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Application Lifecycle Management Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Application Lifecycle Management Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Application Lifecycle Management Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Application Lifecycle Management Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Application Lifecycle Management Market Size & Forecast, 2018-2028
4.5.1 Application Lifecycle Management Market Size and Y-o-Y Growth
4.5.2 Application Lifecycle Management Market Absolute $ Opportunity
Chapter 5 Global Application Lifecycle Management Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Application Lifecycle Management Market Size Forecast by Type
5.2.1 On Premise
5.2.2 Hosted
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Application Lifecycle Management Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Application Lifecycle Management Market Size Forecast by Applications
6.2.1 Aerospace and Defense
6.2.2 Consumer Goods and Retail
6.2.3 High-Tech
6.2.4 IT and Telecom
6.2.5 Manufacturing
6.2.6 Healthcare and Life Science
6.2.7 Transportation and Hospitality
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Application Lifecycle Management Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Application Lifecycle Management Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Application Lifecycle Management Analysis and Forecast
9.1 Introduction
9.2 North America Application Lifecycle Management Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Application Lifecycle Management Market Size Forecast by Type
9.6.1 On Premise
9.6.2 Hosted
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Application Lifecycle Management Market Size Forecast by Applications
9.10.1 Aerospace and Defense
9.10.2 Consumer Goods and Retail
9.10.3 High-Tech
9.10.4 IT and Telecom
9.10.5 Manufacturing
9.10.6 Healthcare and Life Science
9.10.7 Transportation and Hospitality
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Application Lifecycle Management Analysis and Forecast
10.1 Introduction
10.2 Europe Application Lifecycle Management Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Application Lifecycle Management Market Size Forecast by Type
10.6.1 On Premise
10.6.2 Hosted
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Application Lifecycle Management Market Size Forecast by Applications
10.10.1 Aerospace and Defense
10.10.2 Consumer Goods and Retail
10.10.3 High-Tech
10.10.4 IT and Telecom
10.10.5 Manufacturing
10.10.6 Healthcare and Life Science
10.10.7 Transportation and Hospitality
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Application Lifecycle Management Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Application Lifecycle Management Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Application Lifecycle Management Market Size Forecast by Type
11.6.1 On Premise
11.6.2 Hosted
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Application Lifecycle Management Market Size Forecast by Applications
11.10.1 Aerospace and Defense
11.10.2 Consumer Goods and Retail
11.10.3 High-Tech
11.10.4 IT and Telecom
11.10.5 Manufacturing
11.10.6 Healthcare and Life Science
11.10.7 Transportation and Hospitality
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Application Lifecycle Management Analysis and Forecast
12.1 Introduction
12.2 Latin America Application Lifecycle Management Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Application Lifecycle Management Market Size Forecast by Type
12.6.1 On Premise
12.6.2 Hosted
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Application Lifecycle Management Market Size Forecast by Applications
12.10.1 Aerospace and Defense
12.10.2 Consumer Goods and Retail
12.10.3 High-Tech
12.10.4 IT and Telecom
12.10.5 Manufacturing
12.10.6 Healthcare and Life Science
12.10.7 Transportation and Hospitality
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Application Lifecycle Management Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Application Lifecycle Management Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Application Lifecycle Management Market Size Forecast by Type
13.6.1 On Premise
13.6.2 Hosted
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Application Lifecycle Management Market Size Forecast by Applications
13.10.1 Aerospace and Defense
13.10.2 Consumer Goods and Retail
13.10.3 High-Tech
13.10.4 IT and Telecom
13.10.5 Manufacturing
13.10.6 Healthcare and Life Science
13.10.7 Transportation and Hospitality
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Application Lifecycle Management Market: Competitive Dashboard
14.2 Global Application Lifecycle Management Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Atlassian
14.3.2 HPE
14.3.3 IBM
14.3.4 Microsoft
14.3.5 Broadcom
14.3.6 CollabNet
14.3.7 Intland Software
14.3.8 Kovair Software
14.3.9 Micro Focus
14.3.10 Neudesic
14.3.11 Object Technology Solutions
14.3.12 Rocket Software
14.3.13 Siemens Product Lifecycle Management Software
14.3.14 VersionOne
