PUBLISHER: TechNavio | PRODUCT CODE: 1087316
PUBLISHER: TechNavio | PRODUCT CODE: 1087316
Technavio has been monitoring the custom application development service market and it is poised to grow by $ 38.15 billion during 2022-2026, accelerating at a CAGR of 8.5% during the forecast period. Our report on the custom application development service market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of cloud-based services, growing adoption of analytics in enterprise applications, and strategic partnerships and collaborations.
The custom application development service market analysis includes the deployment segment and geographic landscape.
Technavio's custom application development service market is segmented as below:
By Deployment
By Geographical Landscape
This study identifies the emergence of low-code development platforms as one of the prime reasons driving the custom application development service market growth during the next few years. Also, increasing use of ai in enterprise applications and emergence of chatbots will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on custom application development service market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading custom application development service market vendors that include Accenture Plc, Capgemini Service SAS, Chetu Inc., Cognizant Technology Solutions Corp., DXC Technology Co., Fujitsu Ltd., HCL Technologies Ltd., Iblesoft Inc., Infanion, Infosys Ltd., International Business Machines Corp., Larsen and Toubro Infotech Ltd., Logica Infotech Services Pvt. Ltd., Netguru S.A, NTT DATA Corp., Software AG, Speridian Technologies, Tata Consultancy Services Ltd., Trianz, and Wipro Ltd. Also, the custom application development service market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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