The custom application development service market is poised to grow by $ 31.76 bn during 2021-2025, progressing at a CAGR of 7.93% during the forecast period, according to Technavio. The report offers an up-to-date analysis and to know exact growth variance and the Y-O-Y growth rate – Request a free sample report.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accenture Plc, Bourntec Solutions Inc., Capgemini SE, Cognizant Technology Solutions Corp., HCL Technologies Ltd., Iblesoft Inc., Infanion, Infosys Ltd., International Business Machines Corp., and Tata Consultancy Services Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The increasing adoption of cloud-based services has been instrumental in driving the growth of the market. However, the availability of open-source platforms might hamper the market growth.
Custom Application Development Service Market 2021-2025: Segmentation
- North America
- South America
Learn more about the additional trends impacting the future of the market and the positive and negative consequences on the businesses. Download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41185
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Custom Application Development Service Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our custom application development service market report covers the following areas:
- Custom Application Development Service Market size
- Custom Application Development Service Market trends
- Custom Application Development Service Market industry analysis
This study identifies the growing adoption of analytics in enterprise applications as one of the prime reasons driving the custom application development service market growth during the next few years.
Custom Application Development Service Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Custom Application Development Service Market. Backed with competitive intelligence and benchmarking, our research reports on the Custom Application Development Service Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Custom Application Development Service Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist custom application development service market growth during the next five years
- Estimation of the custom application development service market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the custom application development service market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of custom application development service market vendors
Table Of Contents :
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Deployment
- Market segments
- Comparison by Deployment
- On-premise – Market size and forecast 2020-2025
- Cloud – Market size and forecast 2020-2025
- Market opportunity by Deployment
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2020-2025
- Europe – Market size and forecast 2020-2025
- APAC – Market size and forecast 2020-2025
- South America – Market size and forecast 2020-2025
- MEA – Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Accenture Plc
- Bourntec Solutions Inc.
- Capgemini SE
- Cognizant Technology Solutions Corp.
- HCL Technologies Ltd.
- Iblesoft Inc.
- Infosys Ltd.
- International Business Machines Corp.
- Tata Consultancy Services Ltd.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations