Market Overview:
The global IT development software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based IT development software and the growing trend of BYOD (Bring Your Own Device). Additionally, the increasing adoption of mobile apps is also contributing to the growth of this market. On the basis of type, cloud-based IT development software is expected to witness higher growth than on-premise IT development software during the forecast period. This can be attributed to its advantages such as low cost, scalability, and easy deployment and management. On the basis of application, large enterprises are expected to account for a larger share of this market than SMEs duringthe forecast period.
Product Definition:
IT Development Software is a type of software that is used to develop and manage information technology (IT) projects. IT Development Software can help organizations track project tasks, timelines, dependencies, and resources. It can also help organizations manage changes to their IT infrastructure.
Cloud Based:
Cloud-based software is a type of software service model that provides shared computer resources over the internet and allows users to access data from remote locations. The cloud based IT development software market has witnessed significant growth in recent years owing to the increased demand for Software as a Service (SaaS) model.
On-Premise:
On-premise software is a type of software that is installed and used directly by the end-users or consumers. The installation process usually requires physical access to the computer systems, which are to be equipped with the software. On-premise solutions do not require an internet connection for its operation; hence it provides more control and security as well as reduces dependency on third parties such as internet service providers (ISP) and cloud service providers (CSP).
Application Insights:
The large enterprise application segment accounted for the largest revenue share of over 60% in 2017. The segment is expected to continue its dominance over the forecast period. This can be attributed to factors such as a large number of global enterprises and growing demand from end-use industries, especially banking, financial services and insurance (BFSI).
The small & medium-sized enterprise (SME) application segment is anticipated to witness significant growth over the forecast period owing to increasing adoption of offshore IT development software by SMEs across all regions. Factors such as an increase in penetration of smart devices including smartphones, tablets and laptops among consumers; rapid growth in e-commerce industry; technological advancements that have made it easy for consumers to interact with businesses through mobile applications are some key trends driving the IT development software market among SMEs globally.
Regional Analysis:
The North American region dominated the global market in 2017. The growth can be attributed to the presence of a large number of IT development companies and increased adoption of cloud-based technologies. Moreover, increasing demand for mobile apps has led to an increase in the number of app developers, thereby driving regional growth.
Asia Pacific is expected to emerge as the fastest-growing region over the forecast period owing to factors such as growing economy and increasing investments by various governments in developing infrastructure such as hospitals, schools and colleges among others. This will lead to an increase in demand for software that helps manage these systems including accounting & reporting (AR), human resource management (HRM), procurement & supply chain management (SCM) among others.
Growth Factors:
- Increased demand for software development services from small and medium businesses (SMBs).
- Proliferation of mobile devices and the growing demand for mobile apps.
- The increasing popularity of cloud-based software development platforms and services.
- Emergence of new programming languages and frameworks that help developers build better applications faster.
- Growing demand for big data analytics, IoT, and other advanced technologies that require sophisticated software development capabilities
Scope Of The Report
Report Attributes
Report Details
Report Title
IT Development Software Market Research Report
By Type
Cloud Based, On-Premise
By Application
Large Enterprise, SMEs
By Companies
Salesforce, ReQtest, Microsoft, OutSystems, JetBrains, AppDynamics, Bitbucket, NetBeans, InduSoft, Atom, Yes Software, Codenvy (Red Hat)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global IT Development Software Market Report Segments:
The global IT Development Software market is segmented on the basis of:
Types
Cloud Based, On-Premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprise, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Salesforce
- ReQtest
- Microsoft
- OutSystems
- JetBrains
- AppDynamics
- Bitbucket
- NetBeans
- InduSoft
- Atom
- Yes Software
- Codenvy (Red Hat)
Highlights of The IT Development Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- On-Premise
- By Application:
- Large Enterprise
- SMEs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IT Development Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
IT development software is a type of software that helps developers create, test, and deploy applications. It can include tools for managing projects, tracking changes, and testing code.
Some of the major players in the it development software market are Salesforce, ReQtest, Microsoft, OutSystems, JetBrains, AppDynamics, Bitbucket, NetBeans, InduSoft, Atom, Yes Software, Codenvy (Red Hat).
The it development software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IT Development Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 IT Development Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IT Development Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the IT Development Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global IT Development Software Market Size & Forecast, 2018-2028
4.5.1 IT Development Software Market Size and Y-o-Y Growth
4.5.2 IT Development Software Market Absolute $ Opportunity
Chapter 5 Global IT Development Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 IT Development Software Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 On-Premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IT Development Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 IT Development Software Market Size Forecast by Applications
6.2.1 Large Enterprise
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IT Development Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 IT Development Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America IT Development Software Analysis and Forecast
9.1 Introduction
9.2 North America IT Development Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America IT Development Software Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 On-Premise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America IT Development Software Market Size Forecast by Applications
9.10.1 Large Enterprise
9.10.2 SMEs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe IT Development Software Analysis and Forecast
10.1 Introduction
10.2 Europe IT Development Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe IT Development Software Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 On-Premise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe IT Development Software Market Size Forecast by Applications
10.10.1 Large Enterprise
10.10.2 SMEs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific IT Development Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IT Development Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific IT Development Software Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 On-Premise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific IT Development Software Market Size Forecast by Applications
11.10.1 Large Enterprise
11.10.2 SMEs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America IT Development Software Analysis and Forecast
12.1 Introduction
12.2 Latin America IT Development Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America IT Development Software Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 On-Premise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America IT Development Software Market Size Forecast by Applications
12.10.1 Large Enterprise
12.10.2 SMEs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) IT Development Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IT Development Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) IT Development Software Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 On-Premise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) IT Development Software Market Size Forecast by Applications
13.10.1 Large Enterprise
13.10.2 SMEs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 IT Development Software Market: Competitive Dashboard
14.2 Global IT Development Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Salesforce
14.3.2 ReQtest
14.3.3 Microsoft
14.3.4 OutSystems
14.3.5 JetBrains
14.3.6 AppDynamics
14.3.7 Bitbucket
14.3.8 NetBeans
14.3.9 InduSoft
14.3.10 Atom
14.3.11 Yes Software
14.3.12 Codenvy (Red Hat)
