The global application lifecycle management market size reached USD 2.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.1 Billion by 2033, exhibiting a growth rate (CAGR) of 6.8% during 2025-2033. The increasing demand for agile and DevOps practices, the rising demand for application security and vulnerability management, and the proliferation of Internet of Things (IoT) represent some of the key factors driving the market.
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