Worldwide and U.S. Custom Application Development Services Forecast, 2023-2027

This IDC study presents forecasts of spending (customer expenditures) for the custom application development (CAD) services market for 2023-2027. This IDC research study includes advice to CAD services providers, an analysis of key market and industry trends by importing market, key market drivers and inhibitors, significant market developments, and highlights of key changes from the prior forecast. This study also updates the previous forecast published in Worldwide and U.S. Custom Application Development Services Forecast, 2022-2026 (IDC #US49031221, May 2022)."The market for custom application development services was mixed across regions for 2022. Business resiliency initiatives coupled with application modernization and increased attention to improving customer satisfaction boosted opportunities for services providers over the past year in the Americas, but economic challenges in Europe and APAC, leading to fluctuations in currencies, pulled growth back in those regions. Drivers for custom development services opportunities in the future will shift from being largely centered on operational efficiency to being more diversified across enabling innovation, driving profitability, and enhancing efficiency." - Pete Marston, research director, Intelligent Application Services at IDC