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Custom Software Development Market Share

  • Report ID: GMI6772
  • Published Date: Sep 2023
  • Report Format: PDF
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Custom Software Development Market Share

The major companies operating in the custom software development market are

  • Accenture plc
  • ATOS SE
  • Cognizant
  • Tata Consultancy Services Limited
  • Infosys Ltd.
  • IBM Corporation
  • Infopulse

These companies focus on expanding their service offerings to meet a broader range of client needs. This include adding new technology stacks, offering mobile app development, providing consulting services, or entering related fields like data analytics or cloud computing.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of custom software development reached USD 28.2 billion in 2022 and is set to grow at over 21.5% CAGR from 2023 to 2032, due to the rising need for business process automation.

The large enterprises segment garnered over 58% of the market share in 2022, owing to the growing need to streamline & automate various aspects of the development process such as code generation, bug detection, and performance optimization.

The IT & telecom end use segment recorded 23% of the market share in 2022, propelled by technological advancements, such as 5G, IoT, AI, and edge computing.

North America held over 36% of the market share in 2022, driven by rising collaborations to allow firms to combine expertise & resources.

Custom Software Development Market Scope

  • Custom Software Development Market Size
  • Custom Software Development Market Trends
  • Custom Software Development Market Analysis
  • Custom Software Development Market Share

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    • Base Year: 2022
    • Companies covered: 15
    • Tables & Figures: 343
    • Countries covered: 24
    • Pages: 300
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