Software Development
Software Development Market 2020 By Software (Finance, Human Resource, Sales & Marketing, Supply Chain), By Service (Consulting, Managed Services, Support & Maintenance), By Deployment (Cloud, On-Premise) Forecast to 2025
Report ID: BMRC 2837 | Number of pages: 198 | Publish Date: May 2020 | Category: ICT and MediaSoftware Development Market By Application, Manufacturer, and Segmentation 2025
Software Development Market Scope:
Software is the set of protocols that allow services to be conducted on the physical device. The software industry is classified into four main categories which include system services, programming services, open source and SaaS. Programming services sector has been the biggest sector and that includes pioneer names such as Microsoft Corporation, Automatic Data Processing (ADP), Oracle Corporation and SDC Technologies, Inc. Nowadays, programming or software engineering is in high demand with the surge in usage of the internet, cloud systems and organizations have turned towards open source environments such as the Linux operating system.
The SaaS sector is rapidly growing sector and is expected to register the highest growth rate during the forecast period. With the increase in cloud computing technology, Software as a service (SaaS) has become more popular than system software that would aid business specific requirements. More than 80% of all businesses or organizations will integrate at least one cloud computing system within their information technology (IT) infrastructures.
Global Software Development Dynamics:
The growth of the software development industry is primarily driven by some key factors such as increasing development of IT infrastructure, rapid expansion of IT services companies’ and new advances in cloud computing technology. For example; America's software industry is growing at 7.2%, with around 3.1 millions jobs from 2016 to 2018 directly created by the software industry. In 2018, the U.S. software industry contributed USD 836 billion to the country’s gross domestic product (GDP), with the largest percentage comes from California with nearly USD 225 billion. It is projected that the spending in the IT industry will witness a strong growth of 8.9% in 2019. Furthermore, increasing adoption of digital technologies is another major factor driving the growth of the software development industry. The software development industry has played a vital role in providing digital identities to over 1 billion people in the U.S., which helps in giving services across various industries such as banking, healthcare, and education in a well-organized manner.
Software Development Companies
Acumatica, Inc. Deltek, Inc. Epicor Software Corporation International Business Machines Corporation Infor, Inc. Microsoft Corporation NetSuite Inc. Oracle Corporation SAP SE SYSPRO Totvs SA Unit4In the previous years, developing applications meant selecting single platform like iOS or Android. After creating the initial app for one platform, software developers must create another version for a different platform which is a primary requirement to give resources to porting code between each operating system. Modern cross-platform development tools are the recent trends that make business perform well than before for developers and users as well. For example; using development environments like Microsoft’s Xamarin or Google’s Flutter, software developers can able to create apps that work on every major desktop and other mobile platform.
- Blockchain:
Blockchain is emerging as a new technology that would have a greater effect on the future of software development. Its decentralized nature can store any type of record in a public facing database that is difficult for a hacker to alter or corrupt any important data or file. Blockchain is one of the latest technologies, where software developers can find new ways to implement it. Blockchain based apps known as dApps are evolving as the most popular solution for software developers who are looking to create decentralized and secure open-source solutions.
For example; according to the latest report, it is determined that more than 74% of financial organizations will implement blockchain technology for their production system. Blockchain is expected to give around 1 billion dollars of business value by the end of 2020. By considering these facts, blockchain would boost demand for new skilled workers in 2020.
- Artificial Intelligence:
Artificial Intelligence technology is emerging at a fast pace from the last five years. Because machines are now working intelligently just like as humans and perform complex tasks that were initially impossible to humans. Artificial intelligence is the biggest trends for 2020 that travel industries, healthcare, education and social media will use AI for unique experiences, assistance, and prediction services. For example; spending on AI solutions is expected to continue to increase by around 46.2% annually, and reach at around USD 52.74 billion by the end of 2021. AI augmentation will create USD 2.9 trillion worth of business value in 2021. The global artificial intelligence market is valued at USD 19.18 billion in 2018 and expected to reach USD 216.34 Billion by 2025 with the CAGR of 41.36% over the forecast period. AI-powered predictive maintenance can improve operational efficiency in the manufacturing industry.
- Progressive Web Apps:
Progressive web apps are another main trend that every developer must know about. A Progressive web app is a combination of a website and mobile application functionality acting as a native solution. It can be installed directly from the site and view on the mobile’s home screen providing users a comprehensive full screen experience. There are several PWA advantages including enhanced performance, engaging UX, faster loading time and less data usage.
Many leading companies in the world such as Flipkart, Forbes, AliExpress, Twitter, Pinterest, BookMyShow and MakeMyTrip have already incorporated progressive web apps solutions. For example; AliExpress, the world’s popular e-commerce website, decided to implement a progressive web app to offer customers unified user experience and fast loading speed. Owing to PWA integration, the company can able to succeed at giving exceptional results like around 104% increase in conversions for new users, 82% increase of the conversion rate for iOS users and 74% rise in time per session.
- Python is expected to rise along with Artificial Intelligence (AI) technologies:
Python is becoming the most popular programming language and is fastest growing language. The AI development is on the rise, ever since then python is expected to continue its dominance in near future particularly for impressive innovations including ML-powered chatbots. Latest reports suggested that Python is not only used for a variety of popular areas and jobs, but it also has a low entry barrier and a supportive community adopted by the newest generation of software developers. It is noted that, the acceptance of python has doubled from 6% to 11% in 2019.
Software developers can keep themselves stay updated with the latest software technologies and IT trends of their industry. Every business professional must know where software development will create value in the coming years. They know the emerging trends in software development industry, as the technological world is rapidly evolving changing the work methodologies. Mobile and web apps, AI-enabled programs, blockchain-based systems, and many other technologies are being implemented to resolve complex business challenges.
Software Development Market Segmentation
By Software- Finance, Human Resource, Sales & Marketing, Supply Chain, Others
By Service- Consulting, Managed Services, Support & Maintenance
By Deployment- Cloud, On-Premise
By Enterprise Size- Large Enterprises, Small & Medium Enterprises
By End Use Size- Aerospace & Defense, BFSI, Government, Healthcare, IT & Telecom, Manufacturing, Retail, Transportation, Others
Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
Table of Content
1 Study Coverage
1.1 Software Development Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Software Development Market Size
2.1.1 Global Software Development Revenue 2014-2025
2.1.2 Global Software Development Production 2014-2025
2.2 Software Development Growth Rate (CAGR) 2020-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Software Development Manufacturers
2.3.2.1 Software Development Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Software Development Product Offered
2.3.2.3 Date of Manufacturers Enter into Software Development Market
2.4 Key Trends for Software Development Markets & Products
3 Market Size by Manufacturers
3.1 Software Development Production by Manufacturers
3.1.1 Software Development Production by Manufacturers
3.1.2 Software Development Production Market Share by Manufacturers
3.2 Software Development Revenue by Manufacturers
3.2.1 Software Development Revenue by Manufacturers (2014-2020)
3.2.2 Software Development Revenue Share by Manufacturers (2014-2020)
3.3 Software Development Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
4 Software Development Production by Regions
4.1 Global Software Development Production by Regions
4.1.1 Global Software Development Production Market Share by Regions
4.1.2 Global Software Development Revenue Market Share by Regions
4.2 North America
4.2.1 North America Software Development Production
4.2.2 North America Software Development Revenue
4.2.3 Key Players in North America
4.2.4 North America Software Development Import & Export
4.3 Europe
4.3.1 Europe Software Development Production
4.3.2 Europe Software Development Revenue
4.3.3 Key Players in Europe
4.3.4 Europe Software Development Import & Export
4.4 China
4.4.1 China Software Development Production
4.4.2 China Software Development Revenue
4.4.3 Key Players in China
4.4.4 China Software Development Import & Export
4.5 Japan
4.5.1 Japan Software Development Production
4.5.2 Japan Software Development Revenue
4.5.3 Key Players in Japan
4.5.4 Japan Software Development Import & Export
5 Software Development Consumption by Regions
5.1 Global Software Development Consumption by Regions
5.1.1 Global Software Development Consumption by Regions
5.1.2 Global Software Development Consumption Market Share by Regions
5.2 North America
5.2.1 North America Software Development Consumption by Application
5.2.2 North America Software Development Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Software Development Consumption by Application
5.3.2 Europe Software Development Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Software Development Consumption by Application
5.4.2 Asia Pacific Software Development Consumption by Regions
5.4.3 China
5.4.4 Japan
5.4.5 South Korea
5.4.6 India
5.4.7 Australia
5.4.8 Indonesia
5.4.9 Thailand
5.4.10 Malaysia
5.4.11 Philippines
5.4.12 Vietnam
5.5 Central & South America
5.5.1 Central & South America Software Development Consumption by Application
5.5.2 Central & South America Software Development Consumption by Country
5.5.3 Brazil
5.6 Middle East and Africa
5.6.1 Middle East and Africa Software Development Consumption by Application
5.6.2 Middle East and Africa Software Development Consumption by Countries
5.6.3 Turkey
5.6.4 GCC Countries
5.6.5 Egypt
5.6.6 South Africa
6 Market Size by Type
6.1 Global Software Development Production by Type
6.2 Global Software Development Revenue by Type
6.3 Software Development Price by Type
7 Market Size by Application
7.1 Overview
7.2 Global Software Development Breakdown Dada by Application
7.2.1 Global Software Development Consumption by Application
7.2.2 Global Software Development Consumption Market Share by Application (2014-2020)
8 Manufacturers Profiles
9 Production Forecasts
9.1 Software Development Production and Revenue Forecast
9.1.1 Global Software Development Production Forecast 2020-2025
9.1.2 Global Software Development Revenue Forecast 2020-2025
9.2 Software Development Production and Revenue Forecast by Regions
9.2.1 Global Software Development Revenue Forecast by Regions
9.2.2 Global Software Development Production Forecast by Regions
9.3 Software Development Key Producers Forecast
9.3.1 North America
9.3.2 Europe
9.3.3 China
9.3.4 Japan
9.4 Forecast by Type
9.4.1 Global Software Development Production Forecast by Type
9.4.2 Global Software Development Revenue Forecast by Type
10 Consumption Forecast
10.1 Software Development Consumption Forecast by Application
10.2 Software Development Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
10.3.1 North America Software Development Consumption Forecast by Regions 2020-2025
10.3.2 United States
10.3.3 Canada
10.3.4 Mexico
10.4 Europe Market Consumption Forecast
10.4.1 Europe Software Development Consumption Forecast by Regions 2020-2025
10.4.2 Germany
10.4.3 France
10.4.4 UK
10.4.5 Italy
10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
10.5.1 Asia Pacific Software Development Consumption Forecast by Regions 2020-2025
10.5.2 China
10.5.3 Japan
10.5.4 South Korea
10.5.5 India
10.5.6 Australia
10.5.7 Indonesia
10.5.8 Thailand
10.5.9 Malaysia
10.5.10 Philippines
10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
10.6.1 Central & South America Software Development Consumption Forecast by Regions 2020-2025
10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
10.7.1 Middle East and Africa Software Development Consumption Forecast by Regions 2020-2025
10.7.2 Turkey
10.7.3 GCC Countries
10.7.4 Egypt
10.7.5 South Africa
11 Value Chain and Sales Channels Analysis
11.1 Value Chain Analysis
11.2 Sales Channels Analysis
11.2.1 Software Development Sales Channels
11.2.2 Software Development Distributors
11.3 Software Development Customers
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
12.1 Market Opportunities and Drivers
12.2 Market Challenges
12.3 Market Risks/Restraints
12.4 Porter’s Five Forces Analysis
13 Key Findings in the Global Software Development Study
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
List of Tables and Figures
Figure Software Development Product Picture
Table Software Development Key Market Segments in This Study
Table Key Manufacturers Software Development Covered in This Study
Table Global Software Development Market Size Growth Rate by Type 2020-2025 & (Million US$)
Figure Global Software Development Production Market Share by Type in 2018 & 2025
Figure Fixed Software Development Product Picture
Table Major Manufacturers of Fixed Software Development
Figure Software Development Product Picture
Table Major Manufacturers of Portable Software Development
Table Global Software Development Market Size Growth Rate by Application 2020-2025
Figure Global Software Development Consumption Market Share by Application in 2018 & 2025
Figure Software Development Report Years Considered
Figure Global Software Development Revenue 2014-2025 (Million US$)
Figure Global Software Development Production 2014-2025
Table Global Software Development Market Size Growth Rate by Regions 2020-2025 & (Million US$)
Table Global Manufacturers Market Concentration Ratio
Table Software Development Manufacturing Base Distribution and Headquarters
Table Manufacturers Software Development Product Offered
Table Date of Manufacturers Enter into Software Development Market
Table Global Software Development Production by Manufacturers (2014-2020)
Table Global Software Development Production Share by Manufacturers (2014-2020)
Figure Global Software Development Production Share by Manufacturers in 2018
Table Software Development Revenue by Manufacturers (2014-2020) (Million US$)
Table Software Development Revenue Share by Manufacturers (2014-2020)
Table Software Development Price by Manufacturers 2014-2020
Table Mergers & Acquisitions, Expansion Plans
Table Global Software Development Production by Regions 2014-2020
Table Global Software Development Production Market Share by Regions 2014-2020
Figure Global Software Development Production Market Share by Regions 2014-2020
Figure Global Software Development Production Market Share by Regions in 2018
Table Global Software Development Revenue by Regions 2014-2020 (Million US$)
Table Global Software Development Revenue Market Share by Regions 2014-2020
Figure Global Software Development Revenue Market Share by Regions 2014-2020
Figure Global Software Development Revenue Market Share by Regions in 2018
Figure North America Software Development Production and Growth Rate 2014-2020
Figure North America Software Development Revenue and Growth Rate 2014-2020 (Million US$)
Table North America Software Development Import & Export
Figure Europe Software Development Production and Growth Rate 2014-2020
Figure Europe Software Development Revenue and Growth Rate 2014-2020 (Million US$)
Table Europe Software Development Import & Export
Figure China Software Development Production and Growth Rate 2014-2020
Figure China Software Development Revenue and Growth Rate 2014-2020 (Million US$)
Table China Software Development Import & Export
Figure Japan Software Development Production and Growth Rate 2014-2020
Figure Japan Software Development Revenue and Growth Rate 2014-2020 (Million US$)
Table Japan Software Development Import & Export
Table Global Software Development Consumption by Regions 2014-2020
Table Global Software Development Consumption Market Share by Regions 2014-2020
Figure Global Software Development Consumption Market Share by Regions 2014-2020
Figure Global Software Development Consumption Market Share by Regions in 2018
Figure North America Software Development Consumption and Growth Rate (2014-2020)
Table North America Software Development Consumption by Application (2014-2020)
Figure 2018 North America Software Development Consumption Market Share by Application
Table North America Software Development Consumption by Countries (2014-2020)
Figure 2018 North America Software Development Consumption Market Share by Countries
Figure United States Software Development Consumption and Growth Rate (2014-2020)
Figure Canada Software Development Consumption and Growth Rate (2014-2020)
Figure Mexico Software Development Consumption and Growth Rate (2014-2020)
Figure Europe Software Development Consumption and Growth Rate (2014-2020)
Table Europe Software Development Consumption by Application (2014-2020)
Figure 2018 Europe Software Development Consumption Market Share by Application
Table Europe Software Development Consumption by Countries (2014-2020)
Figure 2018 Europe Software Development Consumption Market Share by Countries
Figure Germany Software Development Consumption and Growth Rate (2014-2020)
Figure France Software Development Consumption and Growth Rate (2014-2020)
Figure UK Software Development Consumption and Growth Rate (2014-2020)
Figure Italy Software Development Consumption and Growth Rate (2014-2020)
Figure Russia Software Development Consumption and Growth Rate (2014-2020)
Figure Asia Pacific Software Development Consumption and Growth Rate
Table Asia Pacific Software Development Consumption by Application (2014-2020)
Table Asia Pacific Software Development Consumption Market Share by Application (2014-2020)
Table Asia Pacific Software Development Consumption by Regions (2014-2020)
Table Asia Pacific Software Development Consumption Market Share by Countries (2014-2020)
Figure China Software Development Consumption and Growth Rate (2014-2020)
Figure Japan Software Development Consumption and Growth Rate (2014-2020)
Figure South Korea Software Development Consumption and Growth Rate (2014-2020)
Figure India Software Development Consumption and Growth Rate (2014-2020)
Figure Australia Software Development Consumption and Growth Rate (2014-2020)
Figure Indonesia Software Development Consumption and Growth Rate (2014-2020)
Figure Thailand Software Development Consumption and Growth Rate (2014-2020)
Figure Malaysia Software Development Consumption and Growth Rate (2014-2020)
Figure Philippines Software Development Consumption and Growth Rate (2014-2020)
Figure Vietnam Software Development Consumption and Growth Rate (2014-2020)
Figure Central & South America Software Development Consumption and Growth Rate
Table Central & South America Software Development Consumption by Application (2014-2020)
Figure 2018 Central & South America Software Development Consumption Market Share by Application
Table Central & South America Software Development Consumption by Countries (2014-2020)
Figure Central & South America Software Development Consumption Market Share by Countries
Figure Brazil Software Development Consumption and Growth Rate (2014-2020)
Figure Middle East and Africa Software Development Consumption and Growth Rate
Table Middle East and Africa Software Development Consumption by Application (2014-2020)
Figure 2018 Middle East and Africa Software Development Consumption Market Share by Application
Table Middle East and Africa Software Development Consumption by Countries (2014-2020)
Figure Middle East and Africa Software Development Consumption Market Share by Countries
Figure Turkey Software Development Consumption and Growth Rate (2014-2020)
Figure GCC Countries Software Development Consumption and Growth Rate (2014-2020)
Figure Egypt Software Development Consumption and Growth Rate (2014-2020)
Figure South Africa Software Development Consumption and Growth Rate (2014-2020)
Table Global Software Development Production by Type (2014-2020)
Table Global Software Development Production Share by Type (2014-2020)
Figure Global Software Development Production Market Share by Type (2014-2020)
Figure Global Software Development Production Market Share by Type in 2018
Table Global Software Development Revenue by Type (2014-2020) (Million US$)
Table Global Software Development Revenue Share by Type (2014-2020)
Figure Global Software Development Revenue Market Share by Type (2014-2020)
Figure Global Software Development Revenue Market Share by Type in 2018
Table Software Development Price by Type 2014-2020
Table Global Software Development Consumption by Application (2014-2020)
Table Global Software Development Consumption by Application (2014-2020)
Table Global Software Development Consumption Share by Application (2014-2020)
Figure Global Software Development Consumption Market Share by Application (2014-2020)
Figure Global Software Development Production Forecast 2020-2025
Figure Global Software Development Revenue Forecast 2020-2025 (Million US$)
Table Global Software Development Revenue Forecast 2020-2025 (Million US$)
Table Global Software Development Revenue Forecast by Regions 2020-2025 (Million US$)
Figure Global Software Development Revenue Forecast by Regions 2020-2025 (Million US$)
Figure Global Software Development Revenue Market Share Forecast by Regions 2020-2025
Table Global Software Development Production Forecast by Regions 2020-2025
Figure Global Software Development Production Forecast by Regions 2020-2025
Figure Global Software Development Production Market Share Forecast by Regions 2020-2025
Figure North America Software Development Production Forecast 2020-2025
Figure North America Software Development Revenue Forecast 2020-2025 (Million US$)
Figure Europe Software Development Production Forecast 2020-2025
Figure Europe Software Development Revenue Forecast 2020-2025 (Million US$)
Figure China Software Development Production Forecast 2020-2025
Figure China Software Development Revenue Forecast 2020-2025 (Million US$)
Figure Japan Software Development Production Forecast 2020-2025
Figure Japan Software Development Revenue Forecast 2020-2025 (Million US$)
Table Global Software Development Production Forecast by Type 2020-2025
Figure Global Software Development Production Forecast by Type 2020-2025
Figure Global Software Development Production Market Share Forecast by Type 2020-2025
Table Global Software Development Revenue Forecast by Type 2020-2025 (Million US$)
Figure Global Software Development Revenue Forecast by Type 2020-2025 (Million US$)
Figure Global Software Development Revenue Market Share Forecast by Type 2020-2025
Table Global Software Development Consumption Forecast by Application 2020-2025
Figure Global Software Development Consumption Forecast by Application 2020-2025
Figure Global Software Development Consumption Market Share Forecast by Application 2020-2025
Table Global Software Development Consumption Forecast by Regions 2020-2025
Figure Global Software Development Consumption Forecast by Regions 2020-2025
Figure Global Software Development Consumption Market Share Forecast by Regions 2020-2025
Table North America Software Development Consumption Forecast by Regions 2020-2025
Figure North America Software Development Consumption Forecast 2020-2025
Figure United States Software Development Consumption Forecast 2020-2025
Figure Canada Software Development Consumption Forecast 2020-2025
Figure Mexico Software Development Consumption Forecast 2020-2025
Table Europe Software Development Consumption Forecast by Regions 2020-2025
Figure Europe Software Development Consumption Forecast 2020-2025
Figure Germany Software Development Consumption Forecast 2020-2025
Figure France Software Development Consumption Forecast 2020-2025
Figure UK Software Development Consumption Forecast 2020-2025
Figure Italy Software Development Consumption Forecast 2020-2025
Figure Russia Software Development Consumption Forecast 2020-2025
Table Asia Pacific Software Development Consumption Forecast by Regions 2020-2025
Figure Asia Pacific Software Development Consumption Forecast 2020-2025
Figure China Software Development Consumption Forecast 2020-2025
Figure Japan Software Development Consumption Forecast 2020-2025
Figure South Korea Software Development Consumption Forecast 2020-2025
Figure India Software Development Consumption Forecast 2020-2025
Figure Australia Software Development Consumption Forecast 2020-2025
Figure Indonesia Software Development Consumption Forecast 2020-2025
Figure Thailand Software Development Consumption Forecast 2020-2025
Figure Malaysia Software Development Consumption Forecast 2020-2025
Figure Philippines Software Development Consumption Forecast 2020-2025
Figure Vietnam Software Development Consumption Forecast 2020-2025
Table Central & South America Software Development Consumption Forecast by Regions 2020-2025
Figure Central & South America Software Development Consumption Forecast 2020-2025
Figure Brazil Software Development Consumption Forecast 2020-2025
Table Middle East and Africa Software Development Consumption Forecast by Regions 2020-2025
Figure Middle East and Africa Software Development Consumption Forecast 2020-2025
Figure Turkey Software Development Consumption Forecast 2020-2025
Figure GCC Countries Software Development Consumption Forecast 2020-2025
Figure Egypt Software Development Consumption Forecast 2020-2025
Figure South Africa Software Development Consumption Forecast 2020-2025
Figure Software Development Value Chain
Table Software Development Distributors List
Table Software Development Customers List
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources