Application Development Software Market is Anticipated to Grow US$ 833.5 Bn By 2030

The global Application Development Software market size is expected to reach USD 833.5 billion by 2030 and is expected to expand at a CAGR of 30.4% from 2021 to 2030.

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Growth Factors

 The growing trend of cloud-based solutions, coupled with an increase in the usage of the Internet of Things (IoT) technology, is anticipated to propel the market over the forecast period. Furthermore, a surge in the demand for advanced applications to improve work efficiency, resolve various business issues, and streamline business and operations due to digitalization is expected to support the market growth over the forecast period.

The increasing demand for various software applications to speed up and simplify business operations using advanced IoT technology and cloud-based solutions is expected to support the market growth over the forecast period. The demand for application development software is anticipated to gain steady traction over the coming years owing to the need for scalable and customized software.

Report Coverage

Report Scope Details
Market Size USD 833.5 billion by 2030
Growth Rate CAGR of 30.4% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Type, Deployment type, Organization Size, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Salesforce.com, Inc.; Oracle Corporation; Zoho Corporation; Fujitsu Ltd.

Report Highlights

Based on type, the application development software market is segmented into low-code and no-code development platforms. The low-code development platforms segment dominated the market and accounted for more than 58.6% share in 2020.

The no-code development platform segment is anticipated to expand at the highest CAGR of 35.4% over the forecast period. The segment growth can be attributed to the increasing availability of no-code development platforms such as WordPress, Wix, Quixey, and Nintex Process Platforms.

Based on deployment type, the market is segmented into on-premise and cloud. The on-premise segment dominated the market and accounted for more than 60.1% share of the overall market in 2020.

The cloud segment is anticipated to register a CAGR of 34.9% from 2021 to 2030. The segment growth can be attributed to the growing cloud service adoption by various large enterprises and SMEs due to benefits such as zero initial infrastructure setup costs and on-demand availability of computing services.

The large enterprise segment accounted for 62.5% share of the overall market in 2020. Large enterprises have a diverse revenue stream and corporate network, which aids in the adoption of new solutions and technologies in their existing systems.

Based on application, the market is segmented into BFSI, media and entertainment, IT and telecom, healthcare, travel and tourism, and others. The media and entertainment application segment accounted for more than 30.8% share of the global revenue in 2020.

The IT and telecom segment is anticipated to expand at a CAGR of 34.4% from 2021 to 2030. The increasing demand for customized services and solutions in the IT & telecom industry and the increasing number of tech-savvy individuals and IT professionals across the globe are expected to fuel the segment growth over the forecast period.

North America dominated the market and accounted for over 50.0% share of the global revenue in 2021. The region is a center for numerous internet users and technological innovations. The market in the Asia Pacific region is anticipated to expand at the highest CAGR of 27.3% from 2021 to 2030.

Key Players

  • Oracle Corporation
  • Fujitsu Ltd.
  • HCL Technologies
  • Wipro Ltd.
  • Zoho Corporation

Market Segmentation

  • Type
    • Low-code Development Platforms
    • No-code Development Platforms
  • Deployment Type
    • On-premise
    • Cloud
  • Organization Size
    • Small & Medium Enterprise
    • Large Enterprise
  • Application
    • BFSI
    • Media & Entertainment
    • IT & Telecom
    • Healthcare
    • Travel & Tourism
    • Others
  • Regional
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
      • France
    • Asia Pacific
      • China
      • India
      • Japan
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Application Development Software Market, By Type

7.1.  Application Development Software Market, by Type, 2021-2030

7.1.1.    Low-code Development Platforms

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    No-code Development Platforms

7.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Application Development Software Market, By Deployment Type

8.1.  Application Development Software Market, by Deployment Type, 2021-2030

8.1.1.    On-premise

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Cloud

8.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Application Development Software Market, By Organization Size

9.1.  Application Development Software Market, by Organization Size, 2021-2030

9.1.1.    Small & Medium Enterprise

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Large Enterprise

9.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Application Development Software Market, By Application

10.1.        Application Development Software Market, by Application, 2021-2030

10.1.1.  BFSI

10.1.1.1.      Market Revenue and Forecast (2017-2030)

10.1.2.  Media & Entertainment

10.1.2.1.      Market Revenue and Forecast (2017-2030)

10.1.3.  IT & Telecom

10.1.3.1.      Market Revenue and Forecast (2017-2030)

10.1.4.  Healthcare

10.1.4.1.      Market Revenue and Forecast (2017-2030)

10.1.5.  Travel & Tourism

10.1.5.1.      Market Revenue and Forecast (2017-2030)

10.1.6.  Others

10.1.6.1.      Market Revenue and Forecast (2017-2030)

Chapter 11.      Global Application Development Software Market, Regional Estimates and Trend Forecast

11.1.        North America

11.1.1.  Market Revenue and Forecast, by Type (2017-2030)

11.1.2.  Market Revenue and Forecast, by Deployment Type (2017-2030)

11.1.3.  Market Revenue and Forecast, by Organization Size (2017-2030)

11.1.4.  Market Revenue and Forecast, by Application (2017-2030)

11.1.5.  U.S.

11.1.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.1.5.2.      Market Revenue and Forecast, by Deployment Type (2017-2030)

11.1.5.3.      Market Revenue and Forecast, by Organization Size (2017-2030)

11.1.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.1.6.  Rest of North America

11.1.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.1.6.2.      Market Revenue and Forecast, by Deployment Type (2017-2030)

11.1.6.3.      Market Revenue and Forecast, by Organization Size (2017-2030)

11.1.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.        Europe

11.2.1.  Market Revenue and Forecast, by Type (2017-2030)

11.2.2.  Market Revenue and Forecast, by Deployment Type (2017-2030)

11.2.3.  Market Revenue and Forecast, by Organization Size (2017-2030)

11.2.4.  Market Revenue and Forecast, by Application (2017-2030)

11.2.5.  UK

11.2.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.5.2.      Market Revenue and Forecast, by Deployment Type (2017-2030)

11.2.5.3.      Market Revenue and Forecast, by Organization Size (2017-2030)

11.2.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.6.  Germany

11.2.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.6.2.      Market Revenue and Forecast, by Deployment Type (2017-2030)

11.2.6.3.      Market Revenue and Forecast, by Organization Size (2017-2030)

11.2.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.7.  France

11.2.7.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.7.2.      Market Revenue and Forecast, by Deployment Type (2017-2030)

11.2.7.3.      Market Revenue and Forecast, by Organization Size (2017-2030)

11.2.7.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.8.  Rest of Europe

11.2.8.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.8.2.      Market Revenue and Forecast, by Deployment Type (2017-2030)

11.2.8.3.      Market Revenue and Forecast, by Organization Size (2017-2030)

11.2.8.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.        APAC

11.3.1.  Market Revenue and Forecast, by Type (2017-2030)

11.3.2.  Market Revenue and Forecast, by Deployment Type (2017-2030)

11.3.3.  Market Revenue and Forecast, by Organization Size (2017-2030)

11.3.4.  Market Revenue and Forecast, by Application (2017-2030)

11.3.5.  India

11.3.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.5.2.      Market Revenue and Forecast, by Deployment Type (2017-2030)

11.3.5.3.      Market Revenue and Forecast, by Organization Size (2017-2030)

11.3.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.6.  China

11.3.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.6.2.      Market Revenue and Forecast, by Deployment Type (2017-2030)

11.3.6.3.      Market Revenue and Forecast, by Organization Size (2017-2030)

11.3.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.7.  Japan

11.3.7.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.7.2.      Market Revenue and Forecast, by Deployment Type (2017-2030)

11.3.7.3.      Market Revenue and Forecast, by Organization Size (2017-2030)

11.3.7.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.8.  Rest of APAC

11.3.8.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.8.2.      Market Revenue and Forecast, by Deployment Type (2017-2030)

11.3.8.3.      Market Revenue and Forecast, by Organization Size (2017-2030)

11.3.8.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.        MEA

11.4.1.  Market Revenue and Forecast, by Type (2017-2030)

11.4.2.  Market Revenue and Forecast, by Deployment Type (2017-2030)

11.4.3.  Market Revenue and Forecast, by Organization Size (2017-2030)

11.4.4.  Market Revenue and Forecast, by Application (2017-2030)

11.4.5.  GCC

11.4.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.5.2.      Market Revenue and Forecast, by Deployment Type (2017-2030)

11.4.5.3.      Market Revenue and Forecast, by Organization Size (2017-2030)

11.4.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.6.  North Africa

11.4.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.6.2.      Market Revenue and Forecast, by Deployment Type (2017-2030)

11.4.6.3.      Market Revenue and Forecast, by Organization Size (2017-2030)

11.4.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.7.  South Africa

11.4.7.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.7.2.      Market Revenue and Forecast, by Deployment Type (2017-2030)

11.4.7.3.      Market Revenue and Forecast, by Organization Size (2017-2030)

11.4.7.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.8.  Rest of MEA

11.4.8.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.8.2.      Market Revenue and Forecast, by Deployment Type (2017-2030)

11.4.8.3.      Market Revenue and Forecast, by Organization Size (2017-2030)

11.4.8.4.      Market Revenue and Forecast, by Application (2017-2030)

11.5.        Latin America

11.5.1.  Market Revenue and Forecast, by Type (2017-2030)

11.5.2.  Market Revenue and Forecast, by Deployment Type (2017-2030)

11.5.3.  Market Revenue and Forecast, by Organization Size (2017-2030)

11.5.4.  Market Revenue and Forecast, by Application (2017-2030)

11.5.5.  Brazil

11.5.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.5.5.2.      Market Revenue and Forecast, by Deployment Type (2017-2030)

11.5.5.3.      Market Revenue and Forecast, by Organization Size (2017-2030)

11.5.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.5.6.  Rest of LATAM

11.5.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.5.6.2.      Market Revenue and Forecast, by Deployment Type (2017-2030)

11.5.6.3.      Market Revenue and Forecast, by Organization Size (2017-2030)

11.5.6.4.      Market Revenue and Forecast, by Application (2017-2030)

Chapter 12.  Company Profiles

12.1.              Oracle Corporation

12.1.1.  Company Overview

12.1.2.  Deployment Type Offerings

12.1.3.  Financial Performance

12.1.4.  Recent Initiatives

12.2.              Fujitsu Ltd.

12.2.1.  Company Overview

12.2.2.  Deployment Type Offerings

12.2.3.  Financial Performance

12.2.4.  Recent Initiatives

12.3.              HCL Technologies

12.3.1.  Company Overview

12.3.2.  Deployment Type Offerings

12.3.3.  Financial Performance

12.3.4.  Recent Initiatives

12.4.              Wipro Ltd.

12.4.1.  Company Overview

12.4.2.  Deployment Type Offerings

12.4.3.  Financial Performance

12.4.4.  Recent Initiatives

12.5.              Zoho Corporation

12.5.1.  Company Overview

12.5.2.  Deployment Type Offerings

12.5.3.  Financial Performance

12.5.4.  Recent Initiatives

Chapter 13.  Research Methodology

13.1.              Primary Research

13.2.              Secondary Research

13.3.              Assumptions

Chapter 14.  Appendix

14.1.              About Us

14.2.              Glossary of Terms

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