The programming software market size is expected to see rapid growth in the next few years. It will grow to $3.63 billion in 2028 at a compound annual growth rate (CAGR) of 15.5%. The growth in the forecast period can be attributed to rising emergence of new programming languages, rising demand for mobile development, rising cybersecurity concerns. Major trends in the forecast period include programming languages evolution, advancements in hardware, operating system development, open source movement, mobile computing.
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Segmentation & Regional Insights
The programming software market covered in this report is segmented –
1) By Product Type: Cloud Based, On-Premise
2) By Application: Large Enterprise, Small And Medium-Sized Enterprises
3) By End Users: Information Technology And Telecommunications, Banking, Financial Services, And Insurance, Other End Users
North America was the largest region in the programming software market in 2023. The regions covered in the programming software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
An increase in the number of app development is expected to propel the growth of the programming software market going forward. App development refers to creating software applications specifically designed to run on mobile devices or other platforms such as desktop computers or web browsers. With the widespread adoption of smartphones and tablets, there is a growing demand for mobile apps to cater to various needs, from communication and entertainment to productivity and business services. Programming software offers syntax highlighting, code completion, and code templates that help developers write code faster and with fewer errors. For instance, in August 2023, RipenApps Technologies, an India-based digital transformation company, the global consumer spending on mobile applications has touched $129B as of 2022. Therefore, an increase in number of app development is driving the growth of the programming software market.
Key Industry Players
Major companies operating in the programming software market are Microsoft Corporation, Amazon Web Services Inc., International Business Machines Corporation, Oracle Corporation, SAP, Salesforce Inc., Adobe Inc., Intuit Inc., Autodesk Inc., Red Hat Inc., Atlassian Corporation Plc, Ansys Inc., PTC Inc., Tableau Software Inc., MathWorks Inc., Unity Software Inc., Epic Games Inc., ThoughtWorks Inc., Slack Technologies Inc., Altair Engineering Inc., GitHub Inc., JetBrains Inc., Chef Software Inc., Docker Inc., Puppet Labs Inc.
The programming software market report table of contents includes:
1. Executive Summary
2. Programming Software Market Characteristics
3. Programming Software Market Trends And Strategies
4. Programming Software Market – Macro Economic Scenario
5. Global Programming Software Market Size and Growth
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32. Global Programming Software Market Competitive Benchmarking
33. Global Programming Software Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Programming Software Market
35. Programming Software Market Future Outlook and Potential Analysis
36. Appendix
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