Worldwide Agile Application Life-Cycle Management Software 2014-2017 Forecast and 2012 Vendor Shares: Quick Access Drives Adoption and Business Agility
LONDON, July 29, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report:
Worldwide Agile Application Life-Cycle Management Software 2014-2017 Forecast and 2012 Vendor Shares: Quick Access Drives Adoption and Business Agility
https://www.reportbuyer.com/product/2153585/Worldwide-Agile-Application-Life-Cycle-Management-Software-2014-2017-Forecast-and-2012-Vendor-Shares-Quick-Access-Drives-Adoption-and-Business-Agility.html
This IDC study provides a 2013-2017 forecast and 2012 vendor share analysis for the worldwide agile application life-cycle management (ALM) market. IDC's first analysis of this market resulted in worldwide agile application life-cycle management software 2012 revenue of $211.9 million, up 36.2% from revenue of $155.6 million in 2011. IDC expects very strong growth for agile ALM software for the 2014-2017 time frame, with growth to $1.1 billion by 2017 and a high CAGR of 39.1% (on small initial numbers) due to a variety of factors.
As agile adoption increases and makes the leap from software development practice to business planning innovation, IDC opted to define and analyze the market.
Software execution in brittle financial environments demands adaptive prioritization, and we saw strong revenue growth from all major and key innovative agile ALM vendors in 2012 and as well as in our early analysis for 2013. The complexity of multimodal deployment environments with mobile, social, cloud, and big data and analytics is a business necessity. And the complex sourcing needed for IT projects also demands agile ALM automation as an adoption enabler to execute effectively.
SaaS offerings for agile ALM by major providers such as Microsoft and IBM will augment existing offerings from Rally Software, VersionOne, and Atlassian, and smaller providers will significantly contribute to market growth for agile ALM during the 2014-2017 forecast period. These are not "nice to have" capabilities but are core to business execution. As companies reinvest in software development projects, programs, and portfolios, we see commensurate agile ALM investment at a time of fierce global competitive pressures and ongoing economic volatility.
More generally, the increasing role and complexity of IT in the enterprise and the need to better align IT with business needs, corporate governance, and a plethora of regulatory requirements have combined to support ongoing growth for agile ALM. Agile vendors have been evolving their offerings across the three core functional markets that feed this competitive market - software change, configuration, and process management (SCCPM); project and portfolio management (PPM); and automated software quality (ASQ) with agile testing. We see increasing crossover for these markets and a role for agile across industries -- including embedded software and smarter project creation as well as obvious demand for agile mobile application creation. This began to have an impact in 2012-2013 -- with best-of-breed agile providers such as Rally Software offering solutions and PPM vendors coordinating partnerships and building out offerings -- and will continue to play a role for market growth through 2017.
"Agile ALM is becoming key to innovation and is evolving as the norm to drive dynamic, modern software delivery as larger vendors provide options and existing agile providers evolve," said Melinda Ballou, program director for IDC's Application Life-Cycle Management and Executive Strategies service. "We expect the focus on agile ALM to increase as cultural and political barriers are surmounted with effective process adoption and as quick access to core capabilities via SaaS solutions in conjunction with IDEs becomes hugely beneficial for organizations continuing to struggle with a volatile economy and resource constraints, along with business dependence on speedy, agile software delivery."
Table of Contents
IDC Opinion
In This Study
Methodology
Agile Application Life-Cycle Management Software Market Definition
Situation Overview
The Agile ALM Software Market in 2012
Performance of Leading Vendors in 2012
Performance by Geographic Region in 2012
Future Outlook
Forecast and Assumptions
Essential Guidance
Learn More
Related Research
Methodology
Historical Market Values and Exchange Rates
Synopsis
Table: Worldwide Agile Application Life-Cycle Management Software Revenue by Vendor, 2008-2012 ($M)
Table: Worldwide Agile Application Life-Cycle Management Software Revenue by Region, 2008-2012 ($M)
Table: Top 3 Assumptions for the Worldwide Agile Application Life-Cycle Management Software Market, 2014-2017
Table: Key Forecast Assumptions for the Worldwide Agile Application Life-Cycle Management Software Market, 2014-2017
Table: Worldwide Agile Application Life-Cycle Management Software Revenue by Region 2008-2017 ($M)
Table: Worldwide Agile Application Life-Cycle Management Software Revenue by Functional Market, 2008-2012 ($M)
Table: Exchange Rates, 2006-2013 (%)
Figure: Worldwide Agile Application Life-Cycle Management Software Revenue Share by Region, 2012
Figure: Worldwide Agile Application Life-Cycle Management Software Revenue by Region, 2012 and 2017
Figure: Worldwide Agile Application Life-Cycle Management Software Revenue Share by Region, 2012 and 2017
Figure: Worldwide Agile Application Lifecycle Management Revenue and Growth, 2008-2017 ($M)
Read the full report:
Worldwide Agile Application Life-Cycle Management Software 2014-2017 Forecast and 2012 Vendor Shares: Quick Access Drives Adoption and Business Agility
https://www.reportbuyer.com/product/2153585/Worldwide-Agile-Application-Life-Cycle-Management-Software-2014-2017-Forecast-and-2012-Vendor-Shares-Quick-Access-Drives-Adoption-and-Business-Agility.html
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