Application Lifecycle Management Market To Achieve A High CAGR Of 7.1% During Forecast Period -2024
Mnmlatesttrends31 May, 2022Business
MarketsandMarkets forecasts the global Application Lifecycle Management (ALM) market size is projected to grow from USD 3.1 billion in 2019 to USD 4.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 7.1% from 2019 to 2024. The ALM market saw a rise mainly due to the increase in the adoption rate of ALM tools to shorten the release time and time-to-market. Adoption of new methodologies, such as Agile and DevOps, has an impact on customer experience.
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