Application Development Software Market Size, Share & Trends Analysis Report By Type (Low-code Development Platforms, No-code Development Platforms), By Deployment Type, By Organization Size, By Application, And Segment Forecasts, 2021 - 2028

Report
120 Pages
September 2021
Region: Global
Grand View Research
ID: 5440525

The global application development software market is anticipated to reach USD 733.5 billion by 2028, expanding at a CAGR of 24.3% from 2021 to 2028, as per the research conducted by the publisher. The growing trend of cloud-based solutions, coupled with an increase in the usage of the Internet of Things (IoT) technology, is anticipated to propel the market over the forecast period. Furthermore, a surge in the demand for advanced applications to improve work efficiency, resolve various business issues, and streamline business and operations due to digitalization is expected to support the market growth over the forecast period.

Low-code development platforms are being deployed to enable rapid production and adoption of functional software to meet the unique processes and data needs of various small and medium enterprises and large enterprises. The revolution of microcomputers has allowed mass integration of business operations using several customized software, as business segments have circulated required devices widely around their employees’ centers. This has allowed software developers to design and develop tailored systems to cater to the needs of organizations.

Several factors such as a strong ecosystem designed and developed for DevOps and Agile practices, rise in the demand for digitization, and a growing need for quick scalability and customization are driving the adoption of application development software, thereby supporting the market growth.

The increasing spread of the COVID-19 virus has negatively impacted market growth. Lockdown restrictions imposed by various governments have led to a temporary closure of business operations in multiple sectors such as media and entertainment and travel and tourism. Employees in the IT and telecom industry have been directed to adopt the work from home model. This has led to a significant decline in the adoption of technological advancements in the existing business systems. However, with the ease of the lockdown restrictions and resumption of business operations, the market is anticipated to witness significant growth over the forecast period.

The prominent players that dominated the market for application development software globally in 2020 include Oracle Corporation; Salesforce.com Inc.; Zoho Corporation; Fujitsu Ltd.; and HCL Technologies. These players majorly focus on new products, applications, and service launches to enhance their business operations. In June 2021, HCL Technologies announced the launch of Domino. Domino is the company’s secure enterprise application development platform. The launch assisted HCL Technologies in expanding its service offerings to various enterprises.

Application Development Software Market Report Highlights

The low-code development platform segment is expected to dominate the market due to the increasing presence of tech-savvy software developers across the globe. The segment is expected to reach USD 407.1 billion by 2028
The small and medium enterprise segment is anticipated to expand at the highest CAGR of 25.0% over the forecast period
The cloud deployment segment is expected to dominate the deployment segment over the forecast period. The segment is anticipated to reach USD 381.8 billion by 2028
The media and entertainment segment is anticipated to register the highest CAGR of 27.3% over the forecast period. The growth can be attributed to increasing demand for technological innovations in the media and entertainment segment and the increasing adoption of OTT platforms globally
North America is projected to account for the largest market share over the forecast period. The region is anticipated to reach USD 278.5 billion by 2028. The rapid adoption of technological innovations and the presence of various prominent players in the region are some of the major drivers of the market growth in this region

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Chapter 1. Methodology & Scope

1.1. Market segmentation & scope
1.2. Information procurement
1.2.1. Purchased database
1.2.2. Internal database
1.2.3. Secondary sources & third-party perspectives
1.2.4. Primary research
1.3. Information analysis
1.3.1. Data analysis models
1.3.2. Market formulation & data visualization
1.4. Data validation & publishing

Chapter 2. Executive Summary

Chapter 3. Application Development Software Market Variables, Trends, and Scope

3.1. Penetration & Growth Prospect Mapping
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.4. Business Environment Analysis Tools
3.4.1. Industry Analysis - Porter’s Five Forces Analysis
3.4.2. PEST Analysis
3.5. Company Market Share Analysis, 2020

Chapter 4. Application Development Software Market: Type Outlook

4.1. Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2028 (USD Million)
4.1.1. Low-code development platforms
4.1.1.1. Market estimates and forecasts by region, 2018 - 2028 (USD Million)
4.1.2. No-code development platforms
4.1.2.1. Market estimates and forecasts by region, 2018 - 2028 (USD Million)

Chapter 5. Application Development Software Market: Deployment Type Outlook

5.1. Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2028 (USD Million)
5.1.1. On-premise
5.1.1.1. Market estimates and forecasts by region, 2018 - 2028 (USD Million)
5.1.2. Cloud
5.1.2.1. Market estimates and forecasts by region, 2018 - 2028 (USD Million)

Chapter 6. Application Development Software Market: Organization Size Outlook

6.1. Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2028 (USD Million)
6.1.1. Small & Medium Enterprise
6.1.1.1. Market estimates and forecasts by region, 2018 - 2028 (USD Million)
6.1.2. Large Enterprise
6.1.2.1. Market estimates and forecasts by region, 2018 - 2028 (USD Million)

Chapter 7. Application Development Software Market: Application Outlook

7.1. Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2028 (USD Million)
7.2. BFSI
7.2.1. Market estimates and forecasts by region, 2018 - 2028 (USD Million)
7.3. Media & Entertainment
7.3.1. Market estimates and forecasts by region, 2018 - 2028 (USD Million)
7.4. IT & Telecom
7.4.1. Market estimates and forecasts by region, 2018 - 2028 (USD Million)
7.5. Healthcare
7.5.1. Market estimates and forecasts by region, 2018 - 2028 (USD Million)
7.6. Travel & Tourism
7.6.1. Market estimates and forecasts by region, 2018 - 2028 (USD Million)
7.7. Others
7.7.1. Market estimates and forecasts by region, 2018 - 2028 (USD Million)

Chapter 8. Application Development Software Market: Regional Outlook

8.1. Application Development Software Market, By Region, 2020 & 2028
8.2. North America
8.2.1. North America market estimates and forecasts, by type, 2018 - 2028 (USD Million)
8.2.2. North America market estimates and forecasts, by deployment type, 2018 - 2028 (USD Million)
8.2.3. North America market estimates and forecasts, by organization size, 2018 - 2028 (USD Million)
8.2.4. North America market estimates and forecasts, by application, 2018 - 2028 (USD Million)
8.2.5. U.S.
8.2.5.1. U.S. market estimates and forecasts, by type, 2018 - 2028 (USD Million)
8.2.5.2. U.S. market estimates and forecasts, by deployment type, 2018 - 2028 (USD Million)
8.2.5.3. U.S. market estimates and forecasts, by organization size, 2018 - 2028 (USD Million)
8.2.5.4. U.S. market estimates and forecasts, by application, 2018 - 2028 (USD Million)
8.2.6. Canada
8.2.6.1. Canada market estimates and forecasts, by type, 2018 - 2028 (USD Million)
8.2.6.2. Canada market estimates and forecasts, by deployment type, 2018 - 2028 (USD Million)
8.2.6.3. Canada market estimates and forecasts, by organization size, 2018 - 2028 (USD Million)
8.2.6.4. Canada market estimates and forecasts, by application, 2018 - 2028 (USD Million)
8.3. Europe
8.3.1. Europe market estimates and forecasts, by type, 2018 - 2028 (USD Million)
8.3.2. Europe market estimates and forecasts, by deployment type, 2018 - 2028 (USD Million)
8.3.3. Europe market estimates and forecasts, by organization size, 2018 - 2028 (USD Million)
8.3.4. Europe market estimates and forecasts, by application, 2018 - 2028 (USD Million)
8.3.5. Germany
8.3.5.1. Germany market estimates and forecasts, by type, 2018 - 2028 (USD Million)
8.3.5.2. Germany market estimates and forecasts, by deployment type, 2018 - 2028 (USD Million)
8.3.5.3. Germany market estimates and forecasts, by organization size, 2018 - 2028 (USD Million)
8.3.5.4. Germany market estimates and forecasts, by application, 2018 - 2028 (USD Million)
8.3.6. U.K.
8.3.6.1. U.K. market estimates and forecasts, by type, 2018 - 2028 (USD Million)
8.3.6.2. U.K. market estimates and forecasts, by deployment type, 2018 - 2028 (USD Million)
8.3.6.3. U.K. market estimates and forecasts, by organization size, 2018 - 2028 (USD Million)
8.3.6.4. U.K. market estimates and forecasts, by application, 2018 - 2028 (USD Million)
8.3.7. France
8.3.7.1. France market estimates and forecasts, by type, 2018 - 2028 (USD Million)
8.3.7.2. France market estimates and forecasts, by deployment type, 2018 - 2028 (USD Million)
8.3.7.3. France market estimates and forecasts, by organization size, 2018 - 2028 (USD Million)
8.3.7.4. France market estimates and forecasts, by application, 2018 - 2028 (USD Million)
8.4. Asia Pacific
8.4.1. Asia Pacific market estimates and forecasts, by type, 2018 - 2028 (USD Million)
8.4.2. Asia Pacific market estimates and forecasts, by deployment type, 2018 - 2028 (USD Million)
8.4.3. Asia Pacific market estimates and forecasts, by organization size, 2018 - 2028 (USD Million)
8.4.4. Asia Pacific market estimates and forecasts, by application, 2018 - 2028 (USD Million)
8.4.5. China
8.4.5.1. China market estimates and forecasts, by type, 2018 - 2028 (USD Million)
8.4.5.2. China market estimates and forecasts, by deployment type, 2018 - 2028 (USD Million)
8.4.5.3. China market estimates and forecasts, by organization size, 2018 - 2028 (USD Million)
8.4.5.4. China market estimates and forecasts, by application, 2018 - 2028 (USD Million)
8.4.6. India
8.4.6.1. India market estimates and forecasts, by type, 2018 - 2028 (USD Million)
8.4.6.2. India market estimates and forecasts, by deployment type, 2018 - 2028 (USD Million)
8.4.6.3. India market estimates and forecasts, by organization size, 2018 - 2028 (USD Million)
8.4.6.4. India market estimates and forecasts, by application, 2018 - 2028 (USD Million)
8.4.7. Japan
8.4.7.1. Japan market estimates and forecasts, by type, 2018 - 2028 (USD Million)
8.4.7.2. Japan market estimates and forecasts, by deployment type, 2018 - 2028 (USD Million)
8.4.7.3. Japan market estimates and forecasts, by organization size, 2018 - 2028 (USD Million)
8.4.7.4. Japan market estimates and forecasts, by application, 2018 - 2028 (USD Million)
8.5. Latin America
8.5.1. Latin America market estimates and forecasts, by type, 2018 - 2028 (USD Million)
8.5.2. Latin America market estimates and forecasts, by deployment type, 2018 - 2028 (USD Million)
8.5.3. Latin America market estimates and forecasts, by organization size, 2018 - 2028 (USD Million)
8.5.4. Latin America market estimates and forecasts, by application, 2018 - 2028 (USD Million)
8.5.5. Brazil
8.5.5.1. Brazil market estimates and forecasts, by type, 2018 - 2028 (USD Million)
8.5.5.2. Brazil market estimates and forecasts, by deployment type, 2018 - 2028 (USD Million)
8.5.5.3. Brazil market estimates and forecasts, by organization size, 2018 - 2028 (USD Million)
8.5.5.4. Brazil market estimates and forecasts, by application, 2018 - 2028 (USD Million)
8.5.6. Mexico
8.5.6.1. Mexico market estimates and forecasts, by type, 2018 - 2028 (USD Million)
8.5.6.2. Mexico market estimates and forecasts, by deployment type, 2018 - 2028 (USD Million)
8.5.6.3. Mexico market estimates and forecasts, by organization size, 2018 - 2028 (USD Million)
8.5.6.4. Mexico market estimates and forecasts, by application, 2018 - 2028 (USD Million)
8.6. Middle East & Africa
8.6.1. MEA market estimates and forecasts, by type, 2018 - 2028 (USD Million)
8.6.2. MEA market estimates and forecasts, by deployment type, 2018 - 2028 (USD Million)
8.6.3. MEA market estimates and forecasts, by organization size, 2018 - 2028 (USD Million)
8.6.4. MEA market estimates and forecasts, by application, 2018 - 2028 (USD Million)

Chapter 9. Competitive Landscape

9.1. AppSheet
9.1.1. Company overview
9.1.2. Financial performance
9.1.3. Product benchmarking
9.1.4. Recent developments
9.2. Google Cloud Platform
9.2.1. Company overview
9.2.2. Financial performance
9.2.3. Product benchmarking
9.2.4. Recent developments
9.3. GitHub
9.3.1. Company overview
9.3.2. Financial performance
9.3.3. Product benchmarking
9.3.4. Recent developments
9.4. Zoho Corporation
9.4.1. Company overview
9.4.2. Financial performance
9.4.3. Product benchmarking
9.4.4. Recent developments
9.5. Azure
9.5.1. Company overview
9.5.2. Financial performance
9.5.3. Product benchmarking
9.5.4. Recent developments
9.6. Twilio Platform
9.6.1. Company overview
9.6.2. Financial performance
9.6.3. Product benchmarking
9.6.4. Recent developments
9.7. Datadog Cloud Monitoring
9.7.1. Company overview
9.7.2. Financial performance
9.7.3. Product benchmarking
9.7.4. Recent developments
9.8. Oracle Corporation
9.8.1. Company overview
9.8.2. Financial performance
9.8.3. Product benchmarking
9.8.4. Recent developments
9.9. Salesforce.com Inc.
9.9.1. Company overview
9.9.2. Financial performance
9.9.3. Product benchmarking
9.9.4. Recent developments
9.10. Fujitsu Ltd.
9.10.1. Company overview
9.10.2. Financial performance
9.10.3. Product benchmarking
9.10.4. Recent developments
9.11. HCL Technologies
9.11.1. Company overview
9.11.2. Financial performance
9.11.3. Product benchmarking
9.11.4. Recent developments
9.12. Wipro Limited
9.12.1. Company overview
9.12.2. Financial performance
9.12.3. Product benchmarking
9.12.4. Recent developments

List of Tables

Table 1 Global Application Development Software Market, 2018 - 2028 (USD Million)
Table 2 Global Application Development Software Market estimates and forecasts by region, 2018 - 2028 (USD Million)
Table 3 Global Application Development Software Market estimates and forecasts by type, 2018 - 2028 (USD Million)
Table 4 Global Application Development Software Market estimates and forecasts by Deployment Type, 2018 - 2028 (USD Million)
Table 5 Global Application Development Software Market estimates and forecasts by organization size, 2018 - 2028 (USD Million)
Table 6 Global Application Development Software Market estimates and forecasts by application, 2018 - 2028 (USD Million)
Table 7 Global low-code development platforms market by region, 2018 - 2028 (USD Million)
Table 8 Global no-code development platforms market by region, 2018 - 2028 (USD Million)
Table 9 Global on-premise market by region, 2018 - 2028 (USD Million)
Table 10 Global cloud market by region, 2018 - 2028 (USD Million)
Table 11 Global small & medium enterprise market by region, 2018 - 2028 (USD Million)
Table 12 Global large enterprise market by region, 2018 - 2028 (USD Million)
Table 13 Global BFSI market by region, 2018 - 2028 (USD Million)
Table 14 Global media & entertainment market by region, 2018 - 2028 (USD Million)
Table 15 Global IT & telecom market by region, 2018 - 2028 (USD Million)
Table 16 Global healthcare market by region, 2018 - 2028 (USD Million)
Table 17 Global travel & tourism market by region, 2018 - 2028 (USD Million)
Table 18 Global others market by region, 2018 - 2028 (USD Million)
Table 19 North America application development software market by type, 2018 - 2028 (USD Million)
Table 20 North America application development software market by deployment type, 2018 - 2028 (USD Million)
Table 21 North America application development software market by organization size, 2018 - 2028 (USD Million)
Table 22 North America application development software market by application, 2018 - 2028 (USD Million)
Table 23 U.S. application development software market by type, 2018 - 2028 (USD Million)
Table 24 U.S. application development software market by deployment type, 2018 - 2028 (USD Million)
Table 25 U.S. application development software market by organization size, 2018 - 2028 (USD Million)
Table 26 U.S. application development software market by application, 2018 - 2028 (USD Million)
Table 27 Canada application development software market by type, 2018 - 2028 (USD Million)
Table 28 Canada application development software market by deployment type, 2018 - 2028 (USD Million)
Table 29 Canada application development software market by organization size, 2018 - 2028 (USD Million)
Table 30 Canada application development software market by application, 2018 - 2028 (USD Million)
Table 31 Europe application development software market by type, 2018 - 2028 (USD Million)
Table 32 Europe application development software market by deployment type, 2018 – 2028 (USD Million)
Table 33 Europe application development software market by organization size, 2018 - 2028 (USD Million)
Table 34 Europe application development software market by application, 2018 - 2028 (USD Million)
Table 35 Germany application development software market by type, 2018 - 2028 (USD Million)
Table 36 Germany application development software market by deployment type, 2018 - 2028 (USD Million)
Table 37 Germany application development software market by organization size, 2018 - 2028 (USD Million)
Table 38 Germany application development software market by application, 2018 - 2028 (USD Million)
Table 39 U.K. application development software market by type, 2018 - 2028 (USD Million)
Table 40 U.K. Application Development Software Market by deployment type, 2018 - 2028 (USD Million)
Table 41 U.K. application development software market by organization size, 2018 - 2028 (USD Million)
Table 42 U.K. application development software market by application, 2018 - 2028 (USD Million)
Table 43 France application development software market by type, 2018 - 2028 (USD Million)
Table 44 France Application Development Software Market by deployment type, 2018 - 2028 (USD Million)
Table 45 France application development software market by organization size, 2018 - 2028 (USD Million)
Table 46 France application development software market by application, 2018 - 2028 (USD Million)
Table 47 Asia Pacific application development software market by type, 2018 - 2028 (USD Million)
Table 48 Asia Pacific application development software market by deployment type, 2018 - 2028 (USD Million)
Table 49 Asia Pacific application development software market by organization size, 2018 - 2028 (USD Million)
Table 50 Asia Pacific application development software market by application, 2018 - 2028 (USD Million)
Table 51 China application development software market by type, 2018 - 2028 (USD Million)
Table 52 China application development software market by deployment type, 2018 - 2028 (USD Million)
Table 53 China application development software market by organization size, 2018 - 2028 (USD Million)
Table 54 China application development software market by application, 2018 - 2028 (USD Million)
Table 55 India application development software market by type, 2018 - 2028 (USD Million)
Table 56 India application development software market by deployment type, 2018 - 2028 (USD Million)
Table 57 India application development software market by organization size, 2018 - 2028 (USD Million)
Table 58 India application development software market by application, 2018 - 2028 (USD Million)
Table 59 Japan application development software market by type, 2018 - 2028 (USD Million)
Table 60 Japan application development software market by deployment type, 2018 - 2028 (USD Million)
Table 61 Japan application development software market by organization size, 2018 - 2028 (USD Million)
Table 62 Japan application development software market by application, 2018 - 2028 (USD Million)
Table 63 Latin America application development software market by type, 2018 - 2028 (USD Million)
Table 64 Latin America application development software market by deployment type, 2018 - 2028 (USD Million)
Table 65 Latin America application development software market by organization size, 2018 - 2028 (USD Million)
Table 66 Latin America application development software market by application, 2018 - 2028 (USD Million)
Table 67 Brazil application development software market by type, 2018 - 2028 (USD Million)
Table 68 Brazil application development software market by deployment type, 2018 - 2028 (USD Million)
Table 69 Brazil application development software market by organization size, 2018 - 2028 (USD Million)
Table 70 Brazil application development software market by application, 2018 - 2028 (USD Million)
Table 71 Mexico application development software market by type, 2018 - 2028 (USD Million)
Table 72 Mexico application development software market by deployment type, 2018 - 2028 (USD Million)
Table 73 Mexico application development software market by organization size, 2018 - 2028 (USD Million)
Table 74 Mexico application development software market by application, 2018 - 2028 (USD Million)
Table 75 Middle East & Africa application development software market by type, 2018 - 2028 (USD Million)
Table 76 Middle East & Africa application development software market by deployment type, 2018 - 2028 (USD Million)
Table 77 Middle East & Africa application development software market by organization size, 2018 - 2028 (USD Million)
Table 78 Middle East & Africa application development software market by application, 2018 - 2028 (USD Million)

List of Figures

Figure 1 Market segmentation
Figure 2 Application Development Software Market - Market size and growth prospects
Figure 3 Application Development Software Market - Value chain analysis
Figure 4 Market dynamics
Figure 5 Porter’s Five Forces Analysis
Figure 6 Penetration & growth prospect mapping
Figure 7 Application Development Software Market - PEST analysis
Figure 8 Application Development Software Market share by type, 2020 & 2028
Figure 9 Application Development Software Market share by deployment type, 2020 & 2028
Figure 10 Application Development Software Market share by organization size, 2020 & 2028
Figure 11 Application Development Software Market share by application, 2020 & 2028

Companies Mentioned

AppSheet
Google Cloud Platform
GitHub
Zoho Corporation
Azure
Twilio Platform
Datadog Cloud Monitoring
Oracle Corporation
Salesforce.com Inc.
Fujitsu Ltd.
HCL Technologies
Wipro Limited

Methodology

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Table Information

Report Attribute	Details
No. of Pages	120
Published	September 2021
Forecast Period	2020 - 2028
Estimated Market Value ( USD ) in 2020	$ 131.4 Billion
Forecasted Market Value ( USD ) by 2028	$ 733.5 Billion
Compound Annual Growth Rate	24.0%
Regions Covered	Global
No. of Companies Mentioned	12

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Application Development Software Market Report Highlights

Table of Contents

Companies Mentioned

Methodology

Table Information

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