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The global Application Lifecycle Management market is dynamic and varied. The Application Lifecycle Management industry has become an attractive market for investment for various local and foreign players. However, the Application Lifecycle Management industry is witnessing radical changes in formats and structure in the past few years and especially due to the pandemic with some segments witnessing good growth whiles some facing challenges. All these factors have led to uncertainties among the market players. This report is devoted to explain the current status of the market along with the opportunities it is creating for the market players.