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Published Date: 2016-02-19Number of Pages: 118

Application Lifecycle Management (ALM) Market (By Component - Software, Services; By End-User - Automotive and Transportation, Aerospace and Defense, BFSI, Energy and Utilities, Retail, Healthcare, IT and Telecom, Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

This report on the global ALM market provides analysis for the period from 2013 to 2023, wherein 2014 is the base year and the years from 2015 to 2023 are the forecast period. Data for 2013 has been included as historical information. The report covers all the prevalent trends and technologies playing a major role in the growth of the ALM market over the forecast period. It also highlights various drivers, restraints, and opportunities expected to influence the market’s growth during this period. The study provides a holistic perspective on market growth throughout the above forecast period in terms of revenue estimates (in US$ Mn) across different geographies, which include North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America (LATAM). 

 

The emerging IT applications are changing the way business is done today. The integration of ALM is necessary in order to remove inefficiencies and blocks in the software development lifecycle process. ALM helps a company to develop the best virtual methods for every phase of the software application process, including research, requirements planning, prototyping, engineering, design, time to market, programming, testing, risk management, defect tracking, and measurement. Benefits such as business agility, enhanced organizational agility, and improved resource utilization provided by ALM have significantly increased the demand for this technology worldwide. North America dominates the overall market for ALM globally owing to surging technological advancements and automation in this region. 

This research report provides in-depth analysis of the global ALM market on the basis of component and end-users. The ALM market based on component includes software and services. The software component is sub-segmented into on-premise and cloud-based ALM solutions, which are further sub-divided into agile-centric ALM and process-centric ALM. The ALM services is segmented into consulting, professional, operation, and maintenance. The ALM end-user segment comprises automotive and transportation, aerospace and defense, BFSI, energy and utilities, retail, healthcare, IT and telecom, and others. 

In terms of geographical regions, the report segments the global ALM market into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America; the regions are analyzed in terms of revenue generation. The report provides cross-sectional analysis of the global ALM market in terms of market estimates and forecasts for all segments across different geographic regions. 

The report also includes competitive profiling of major players engaged in the development of ALM. The major business strategies adopted by these players, their market positioning, and their recent developments have also been identified in the research report. This report also provides market positioning analysis of major players in the ALM market based on their 2014 revenues. Some of the major players profiled in the report include Atlassian Corporation Plc, CollabNet, Inc., IBM Corporation, Inflectra Corporation, Micro Focus International plc, HP Development Company, L.P., VersionOne, Inc., Microsoft Corporation, Parasoft Corporation, and Polarion Software GmbH

The global ALM market is segmented as below: 

ALM Market:

By Component

  • Software
    • On-Premise
      • Agile Centric ALM
      • Process Centric
    • Cloud-Based
      • Agile Centric ALM
      • Process Centric
    • Services
      • Consulting
      • Professional
      • Operation and Maintenance 

By End-User

  • Automotive and Transportation
  • Aerospace and Defense
  • BFSI
  • Energy and Utilities
  • Retail
  • Healthcare
  • IT and Telecom
  • Others 

By Region

  • North America
    • The U.S.
    • Rest of North America
  • Europe
    • EU7
    • CIS
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • South Asia
    • Australasia
    • Rest of APAC
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
  • Rest of Latin America


Chapter 1 Preface
1.1 Report Description
1.2 Report Scope
1.3 Research Methodology
     1.3.1 Primary Research

Chapter 2 Executive Summary
2.1 Market Snapshot: Global ALM Market
2.2 Global ALM Market Revenue, 2013 – 2023 (US$ Bn) and Y-o-Y Growth (%)

Chapter 3 Global ALM Market Analysis, 2013 – 2023 (US$ Bn)
3.1 Market Dynamics
     3.1.1 Drivers
     3.1.2 Restraints
     3.1.3 Opportunities
3.2 Key Trends Analysis
3.3 Global ALM Market Analysis, By Component, 2013 – 2023 (US$ Bn)
     3.3.1 Software
            3.3.1.1 On-Premise
                     3.3.1.1.1 Agile Centric ALM
                     3.3.1.1.2 Process Centric ALM
            3.3.1.2 Cloud-Based
                     3.3.1.2.1 Agile Centric ALM
                     3.3.1.2.2 Process Centric ALM
     3.3.2 Services
            3.3.2.1 Consulting
            3.3.2.2 Professional
            3.3.2.3 Operation and Maintenance
3.4 Global ALM Market Analysis, By End-User, 2013 – 2023 (US$ Bn)
     3.4.1 Automotive and Transportation
     3.4.2 Aerospace and Defense
     3.4.3 BFSI
     3.4.4 Energy and Utilities
     3.4.5 Retail
     3.4.6 Healthcare
     3.4.7 IT and Telecom
     3.4.8 Others
3.5 Competitive Landscape
     3.5.1 Market Positioning of Key Players, 2014
     3.5.2 Competitive Strategies Adopted by Leading Players
     3.5.3 Recommendations

Chapter 4 North America ALM Market Analysis, 2013 – 2023 (US$ Bn)
4.1 Key Trends Analysis
4.2 North America ALM Market Analysis, By Component, 2013 – 2023 (US$ Bn)
     4.2.1 Software
            4.2.1.1 On-Premise
                     4.2.1.1.1 Agile Centric ALM
                     4.2.1.1.2 Process Centric ALM
            4.2.1.2 Cloud-Based
                     4.2.1.2.1 Agile Centric ALM
                     4.2.1.2.2 Process Centric ALM
     4.2.2 Services
            4.2.2.1 Consulting
            4.2.2.2 Professional
            4.2.2.3 Operation and Maintenance
4.3 North America ALM Market Analysis, By End-User, 2013 – 2023 (US$ Bn)
     4.3.1 Automotive and Transportation
     4.3.2 Aerospace and Defense
     4.3.3 BFSI
     4.3.4 Energy and Utilities
     4.3.5 Retail
     4.3.6 Healthcare
     4.3.7 IT and Telecom
     4.3.8 Others
4.4 North America ALM Market Analysis, By Region, 2013 – 2023 (US$ Bn)
     4.4.1 U.S.
     4.4.2 Rest of North America

Chapter 5 Europe ALM Market Analysis, 2013 – 2023 (US$ Bn)
5.1 Key Trends Analysis
5.2 Europe ALM Market Analysis, By Component, 2013 – 2023 (US$ Bn)
     5.2.1 Software
            5.2.1.1 On-Premise
                     5.2.1.1.1 Agile Centric ALM
                     5.2.1.1.2 Process Centric ALM
            5.2.1.2 Cloud-Based
                     5.2.1.2.1 Agile Centric ALM
                     5.2.1.2.2 Process Centric ALM
     5.2.2 Services
            5.2.2.1 Consulting
            5.2.2.2 Professional
            5.2.2.3 Operation and Maintenance
5.3 Europe ALM Market Analysis, By End-User, 2013 – 2023 (US$ Bn)
     5.3.1 Automotive and Transportation
     5.3.2 Aerospace and Defense
     5.3.3 BFSI
     5.3.4 Energy and Utilities
     5.3.5 Retail
     5.3.6 Healthcare
     5.3.7 IT and Telecom
     5.3.8 Others
5.4 Europe ALM Market Analysis, By Region, 2013 – 2023 (US$ Bn)
     5.4.1 EU7
     5.4.2 CIS
     5.4.3 Rest of Europe

Chapter 6 Asia Pacific ALM Market Analysis, 2013 – 2023 (US$ Bn)
6.1 Key Trends Analysis
6.2 Asia Pacific ALM Market Analysis, By Component, 2013 – 2023 (US$ Bn)
     6.2.1 Software
            6.2.1.1 On-Premise
                     6.2.1.1.1 Agile Centric ALM
                     6.2.1.1.2 Process Centric ALM
            6.2.1.2 Cloud-Based
                     6.2.1.2.1 Agile Centric ALM
                     6.2.1.2.2 Process Centric ALM
     6.2.2 Services
            6.2.2.1 Consulting
            6.2.2.2 Professional
            6.2.2.3 Operation and Maintenance
6.3 Asia Pacific ALM Market Analysis, By End-User, 2013 – 2023 (US$ Bn)
     6.3.1 Automotive and Transportation
     6.3.2 Aerospace and Defense
     6.3.3 BFSI
     6.3.4 Energy and Utilities
     6.3.5 Retail
     6.3.6 Healthcare
     6.3.7 IT and Telecom
     6.3.8 Others
6.4 Asia Pacific ALM Market Analysis, By Region, 2013 – 2023 (US$ Bn)     
     6.4.1 Japan
     6.4.2 China
     6.4.3 South Asia
     6.4.4 Australasia
     6.4.5 Rest of APAC

Chapter 7 Middle East & Africa (MEA) ALM Market Analysis, 2013 – 2023 (US$ Bn)
7.1 Key Trends Analysis
7.2 MEA ALM Market Analysis, By Component, 2013 – 2023 (US$ Bn)
     7.2.1 Software
            7.2.1.1 On-Premise
                     7.2.1.1.1 Agile Centric ALM
                     7.2.1.1.2 Process Centric ALM
            7.2.1.2 Cloud-Based
                     7.2.1.2.1 Agile Centric ALM
                     7.2.1.2.2 Process Centric ALM
     7.2.2 Services
            7.2.2.1 Consulting
            7.2.2.2 Professional
            7.2.2.3 Operation and Maintenance
7.3 MEA ALM Market Analysis, By End-User, 2013 – 2023 (US$ Bn)
     7.3.1 Automotive and Transportation
     7.3.2 Aerospace and Defense
     7.3.3 BFSI
     7.3.4 Energy and Utilities
     7.3.5 Retail
     7.3.6 Healthcare
     7.3.7 IT and Telecom
     7.3.8 Others
7.4 MEA ALM Market Analysis, By Region, 2013 – 2023 (US$ Bn)     
     7.4.1 GCC Countries
     7.4.2 South Africa
     7.4.3 Rest of MEA

Chapter 8 Latin America ALM Market Analysis, 2013 – 2023 (US$ Bn)
8.1 Key Trends Analysis
8.2 Latin America ALM Market Analysis, By Component, 2013 – 2023 (US$ Bn)
     8.2.1 Software
            8.2.1.1 On-Premise
                     8.2.1.1.1 Agile Centric ALM
                     8.2.1.1.2 Process Centric ALM
            8.2.1.2 Cloud-Based
                     8.2.1.2.1 Agile Centric ALM
                     8.2.1.2.2 Process Centric ALM
     8.2.2 Services
            8.2.2.1 Consulting
            8.2.2.2 Professional
            8.2.2.3 Operation and Maintenance
8.3 Latin America ALM Market Analysis, By End-User, 2013 – 2023 (US$ Bn)
     8.3.1 Automotive and Transportation
     8.3.2 Aerospace and Defense
     8.3.3 BFSI
     8.3.4 Energy and Utilities
     8.3.5 Retail
     8.3.6 Healthcare
     8.3.7 IT and Telecom
     8.3.8 Others
8.4 Latin America ALM Market Analysis, By Region, 2013 – 2023 (US$ Bn)
     8.4.1 Brazil
     8.4.2 Rest of Latin America

Chapter 9 Company Profiles
9.1 Atlassian Corporation Plc
9.2 CollabNet, Inc.
9.3 IBM Corporation
9.4 Inflectra Corporation
9.5 Micro Focus International plc
9.6 HP Development Company, L.P.
9.7 VersionOne, Inc.
9.8 Microsoft Corporation
9.9 Parasoft Corporation
9.10 Polarion Software GmbH

Application lifecycle management (ALM) delivers governance, development, and maintenance for application software. Requirements management; design; build; testing; and change, integration, project, and release management are major elements of ALM. The modern software development process is complex. The traditional software development lifecycle (SDLC) applies only to the development process, while ALM works for the entire application lifecycle, from planning to deployment. ALM software solutions enable software development teams to manage their project status from requirements to delivering releases and also help organizations fulfill their business goals. ALM software solutions are now adopted in many industries, including automotive, healthcare, and even BFSI.

The rapid uptake of mobile devices and the growth in the number of browsers/platforms globally has generated the creation of a large number of mobile applications that require an efficient application development lifecycle. The growing number of mobile devices would also lead to multiplatform complexity, which in turn increases the demand for ALM solutions. The need for greater efficiency across teams and increased engineering productivity are also factors that drive the market for ALM globally. Challenges such as lack of visibility in requirement management, poor communication, and lack of traceability between requirements and other artifacts through the software development lifecycle swell the growth of the ALM market. With ALM software, engineering, development, and quality assurance teams are more productive and deliver quick output, increasing the efficiency across the software development teams as well as accurate allocation of human and technology resources. The aging of the systems development life cycle (SDLC) infrastructure also drives the market for ALM worldwide across various sectors, as SDLC has a rigid design and inflexible procedures for partitioning the project into stages, which creates difficulties in estimating the time and budget for each stage of the project. 

The global ALM market generated revenues of US$ 2.04 Bn in 2014 and is projected to expand at a CAGR of 8.9% during the forecast period (2015 – 2023) to reach US$ 4.39 Bn by 2023.

On the basis of components, the ALM market is categorized into software and services. The software segment consists of on-premise and cloud-based deployment types, which are further segmented into agile-centric ALM and process-centric ALM solutions for each type. The growing need for agility, scalability, and flexibility among business organizations in order to instantly respond to fluctuating customer requirements or emerging business needs is driving the growth of agile centric ALM in the global ALM market

On the basis of end-users, the ALM market is segmented into automotive and transportation, aerospace and defense, BFSI, energy and utilities, retail, healthcare, IT and telecom, and others segments. Rapid industrialization and technological advancements have increased the demand for ALMs in the IT and telecom and automotive and transportation sectors. Furthermore, the growing prevalence of health issues has led to emergence of various advanced technologies in healthcare sector, further leading to a significant pace of growth for the healthcare segment of the ALM market.

 

application-lifecycle-management-market


North America and Europe are the major geographies that drive the growth of the global ALM market. In 2014, key ALM vendors included Atlassian Corporation Plc, CollabNet, Inc., IBM Corporation, Inflectra Corporation, Micro Focus International plc, HP Development Company, L.P., VersionOne, Inc., Microsoft Corporation, Parasoft Corporation, and Polarion Software GmbH.


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