According to a new report Global Application Lifecycle Management Market, published by KBV research, the Global Application Lifecycle Management Market size is expected to reach $3.8 billion by 2023, rising at a market growth of 7.2% CAGR during the forecast period. The North America market holds the largest market share in Global Application Lifecycle Management Software Market by Region in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 5.2 % during the forecast period. The Europe market is expected to witness a CAGR of 9.2% during (2017 - 2023) in Global Application Lifecycle Management Services Market.
Additionally, The Asia Pacific market is expected to witness a CAGR of 11.3% during (2017 - 2023). The KBV Cardinal Matrix is a visual representation about the key players in the industry. The matrix is designed considering the major strategic developments including Mergers & Acquisitions, product launches, partnership among others and the financial strength of the company in the considered years. The major strategies followed by the market participants are Product launches and Partnerships & Collaborations.
KBV Cardinal Matrix - Application Lifecycle Management (ALM) Market
The Web Based Applications market holds the largest market share in Global Application Lifecycle Management Market by Platform in 2016 and would continue to be a dominant market till 2023. The Mobile Based Applications market is expected to witness a CAGR of 11.2% during (2017 - 2023).Source: KBV Research Analysis, Company Publications and Secondary Research The Telecom & IT market holds the largest market share in Global Application Lifecycle Management Market by Vertical in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 6.2 % during the forecast period. The Healthcare market is expected to witness a CAGR of 6.8% during (2017 - 2023). Additionally, The Retail market would garner market size of $610.4 million by 2023.
Full Report: https://www.kbvresearch.com/application-lifecycle-management-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Application Lifecycle Management (ALM) Market have been discussed in the report with the competition analysis and elaborated company profiles of IBM Corporation, Microsoft Corporation, Micro Focus, CollabNet, CA Technologies, Inc., Digit, Inflectra, Intland Software, Siemens AG, and Atlassian.
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Companies Profiled
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Related Reports:
North America Application Lifecycle Management (ALM) Market (2017-2023)
Europe Application Lifecycle Management (ALM) Market (2017-2023)
Asia Pacific Application Lifecycle Management (ALM) Market (2017-2023)
LAMEA Application Lifecycle Management (ALM) Market (2017-2023)