Global Application Development Software Market - 2019-2026
|應用開發軟體的全球市場(2019年∼2026年) Global Application Development Software Market - 2019-2026|
|出版日期: 2020年07月18日||內容資訊: 英文|
Application development software is the process of creation of program with the help of any programming language to perform and simplify the different operations required in the business. The app can perform many tasks like from calculating daily, monthly expenditure to scheduling appointments, sales report, helps businesses automate processes by increasing the business efficiency. These apps are available on mobile, desktops, as well as on web based to perform different operations. The app helps to manage complex operations with greater efficiency at lower cost and rapid speed. The app can help to automate processes in robotic automation and helps to collect feedback from users for better business alignment, return on investment for customer engagement with applications. The app has facility to improve speed of operations in the business by 50%, and helps to provide security and maintenance of robust architecture in the business by implementing new systems of engagement. The global application development software market valued USD XX million in 2018 and it is expected to grow at a CAGR of XX% to reach USD XX million by 2026.
The market is driven by the rising demand for application development software for simplifying and speeding up of business operations with growing utilization of cloud-based solutions and IoT technology due to digitalization. Furthermore increasing demand for the platform as a service (PaaS) and software as a service (SaaS) for enhancing the efficiency of enterprises, and businesses around the world due to growing digitalization. According to the International Trade Administration in 2016, the global software as a service (SaaS) revenue was estimated around USD 106 billion and is projected to reach around USD 132 billion by 2020.
There is a rise in the launch of new innovative technology like multi-cloud, 5G, AI, IoT and Analytics are being implemented around the globe may create huge opportunity for the application development software market. For instance, on 5th May 2020, IBM has been collaborated with Red Hat Company for launching next generation computing solutions for 5G technologies. The Companies will offer multi cloud solutions for Enterprises and Telcos to Deploy and Manage AI, IoT and Analytics. The solution has the ability using centralized cloud to provide emergency response, robotic surgery or connected-vehicle safety features to reduce the workloads.
The global application development software market is segmented based on type, application, and region.
In terms of Type the global Application development software marker is bifurcated into installed app and web-based app. Among this installed app segment has highest share in 2019 owing to increasing number of mobile based application users around the world due to surge in the internet connectivity with rise in smartphone users. According to the Global System for Mobile Communications (GSMA) in 2018, there was around 47% of global population that is around 3.5 billion people connected to mobile internet globally. This drives the demand for the installed application segment for various purposes.
Similarly, web-based app segment is also growing at fastest pace owing to rise in the demand for advanced technological app for solving the business problems and to improve the work efficiency due to digitalization. According to the United Nations Conference on Trade and Development (UNCTAD) report in 2019, the global digital economy is rapidly increasing and estimates from 4.5 to 15.5 per cent of total world's GDP due to rising web based applications and solutions to simplify the business operations.
Depending on the applications, the global application development software is segmented into IOS, Android and others. Among this, android segment has the highest market share in 2019. This growth is anticipated due surge in android mobile technology users around the globe. According to the Global System for Mobile Communications (GSMA) in 2019, mobile technologies and services have contributed around USD 4.1 trillion of to the global economic.
Similarly, IOS segment is also growing at faster pace with surge in digitalization due to rising launch of IOS based applications around the globe. For instance on 13th Nov 2019, GitHub had been launched iOS app, and Android app for iOS smartphones and iPads.
By region, the global application development software market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa. Among all of the regions, North America dominated the global application development software market and expected to grow at the highest CAGR during the forecasted period due to presence of number of leading digital platforms with advanced technology along with growing digitalization followed by Europe region. According to the United Nations Conference on Trade and Development (UNCTAD) report on 2019, the United States and China has around 40% of contribution for information and communications technology (ICT) sector with surge in digital platforms around the globe. This has created huge demand for the application development software market in this region followed Europe and Asia Pacific.
Asia Pacific is the fastest growing region for the application development software market, owing to rising digitalization of businesses with surge in the population. As per the UNCTAD report in 2019, China has the highest patents of around 50% of world's total related to advanced technology softwares and applications like blockchains, cloud computing and many others.
The global Application development software market is highly competitive with the presence of several international and local markets. Product diversification, revenue generation, and opportunities intensify the market competition. Twilio Platform, Datadog Cloud Monitoring, Axure RP, Google Cloud Platform, GitHub, Zoho Creator Azure, IntelliJ IDEA, Snappii Custom Mobile Apps, Joget Workflow , GitLab, Alice, King of App, SAP HANA Cloud Platform, and AppSheet are the leading market players with significant market share.
Major players are launching new advanced technology like next generation cloud app, AI featured etc. application development software for empowering businesses. For instance, in 2018, Zoho Company had been launched Cloud App named Zoho Flow Integration Platform. Zoho Flow helps to automating information exchange by saving the time and efforts on manual tasks in the business processes. Furthermore, on 14th Feb 2019, Zoho had been launched next generation AI featured office suite which helps to empower businesses.
Companies are entering into the collaborations, acquisitions, mergers, and licensing for increasing their market penetration. For instance, 5th June 2020, Samsung has been planned to collaborate with telecommunications service provider M1 and IBM for testing of Industry 4.0 solutions using edge computing and 5G for Singapore's Infocomm Media Development Authority (IMDA).