Software Development in the UK - Industry Market Research Report

Slow but steady: New technologies will support growth through challenging conditions

Software Development in the UK

The Software Development industry has made considerable progress over the past 10 years, as businesses and individuals have become reliant on electronic devices in many aspects of everyday lives. Online access to news, social media, video and other websites, and automated client-relationship and advertising software are now integral components of modern culture. Software developers' revenue is expected to grow at a compound annual rate of 5.3% over the five years through 2022-23 to £41.4 billion.

Operators in this industry design and write computer code to implement systems software, applications, databases and web pages. The industry includes companies that write, modify and test software. It does not include the design of systems that use hardware and software, or the installation or publishing of software.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.