DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/8wlslc/global) has announced the addition of the "Global Application Lifecycle Management Market 2014-2018" report to their offering.
The Global Application Lifecycle Management market to grow at a CAGR of 4.51% over the period 2013-2018
The use of application lifecycle management helps organizations increase the accountability of lifecycle activities. It also helps improve compliance with regulations. Application lifecycle management describes methods to manage software development by automating the processes from end to end, and generating and reshaping the information from various steps.
One major trend emerging in the market is the rising demand for software quality and productivity. ALM helps in improving the software quality by defining the steps involved, and makes the quality software available in the market in less time.
According to the report, one of the major drivers in this market is the need to increase return on investment from various IT initiatives. ALM helps to develop software that can manage and integrate the information step by step, to maintain the accuracy of the process.
Further, the report states that one of the major challenges in the market is the lack of visibility and traceability. If the development steps and processes are not well defined, clear, and systematic, the user will not have proper visibility, which can lead to confusion and low productivity.
To calculate the market size, the report considers revenue generated through enterprise services, software licenses, support and maintenance, updates, and subscription.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by End-users
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/8wlslc/global