Application Lifecycle Management Market Size

Application Lifecycle Management Market size was valued at USD 4.16 billion in 2024 and is set to reach USD 9.87 billion by the end of 2037, registering around 6.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of application lifecycle management is assessed at USD 4.39 billion. The growth of the market is set to be dominated by growth in the launch of the number of mobile applications. Approximately 89,000 mobile apps were made available through the Google Play Store in June 2023, worldwide. In order to make these applications work efficiently the adoption of application lifecycle management is growing.

Moreover, of these applications large amount belongs to businesses. Various business launches their own application in order to provide guidance to customers or employees. Earlier, organizations that created applications hardly focused on maintaining them. However, owing to the growing online presence of the clients or customers it has become necessary for organizations to make their application work efficiently. Therefore, these organizations are extensively adopting application lifecycle management.