Application Lifecycle Management Market Trends, Key Players Analysis, Regional Trends, Competitive L
Sheetal2330 Apr, 2025Technology
The global market for Application Lifecycle Management (ALM) is expected to grow from USD 4.35 billion in 2024 to USD 6.58 billion by 2029, reflecting a compound annual growth rate (CAGR) of 8.6%. This growth is driven by the increasing complexity of modern software ecosystems, which now rely heavily on microservices, APIs, and cloud-native architectures. To manage this complexity, organizations are turning to ALM tools that streamline the development, integration, and maintenance of applications.
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