Boston, MA -- (SBWIRE) -- 10/07/2014 -- Application lifecycle management is the coordination of development lifecycle activities, including requirements, modeling, and development, built and testing through process automation, traceability, and reporting. Process automation is the enforcement of processes; traceability defines the management of relationships between development lifecycle activities. Reporting is based on objective data. 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.

TechNavio's analysts forecast the Global Application Lifecycle Management market to grow at a CAGR of 4.51 percent over the period 2013-2018.

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Covered in this Report

This report covers the present scenario and the growth prospects of the Global Application Lifecycle Management market for the period 2014-2018. To calculate the market size, the report considers revenue generated through enterprise services, software licenses, support and maintenance, updates, and subscription.

TechNavio's report, the Global Application Lifecycle Management Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Application Lifecycle Management market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Regions

- Americas
- APAC
- EMEA

Key Vendors

- Atlassian
- HP
- IBM
- Microsoft

Other Prominent Vendors

- Collabnet
- Micro Focus
- PTC
- Rally Software
- Rocket Software
- Serena Software

Market Driver

- Increased Return on Investment from IT Initiatives
- For a full, detailed list, view our report

Market Challenge

- Lack of Visibility and Traceability into Project Status
- For a full, detailed list, view our report

Market Trend

- Increased Complexity in Software Industry
- For a full, detailed list, view our report

Key Questions Answered in this Report

- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Companies Mentioned in this Report: Atlassian, HP, IBM, Microsoft, Collabnet, Micro Focus, PTC, Rally Software, Rocket Software, Serena Software

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