The Europe Application Development Software Market is expected to witness market growth of 21.3% CAGR during the forecast period (2021-2027).
Application development software assists a company to develop a customized application as per their requirement. Through this software, companies can design and develop their apps with more efficiency and effectiveness. It streamlines all the tasks associated with app development and thus, it is widely adopted across various industries like media & entertainment, IT & telecom, and others. The increase in number of smartphones users and growing internet penetration have created opportunities for the companies to reach out to their target audience through mobile apps, which is expected to accelerate the growth of the application development software market during the forecast period.
The increasing demand for software development services is creating lucrative opportunities for the key market players. In addition, the high adoption of various advanced technologies like AI, IoT, and others is motivating companies to use application development software to develop the custom application as per their requirement. This software offers various benefits like better scalability and improved efficiency, which is attracting more companies to use it.
Furthermore, analytic tools and convenient content development along with the reduced cost are motivating SMEs to invest in this software, which is expected to support the growth of the regional market over the forecast period. The increasing digitization among companies is expected to boost the demand for application development software in this region in the coming years.
The Germany market dominated the Europe Cloud Application Development Software Market by Country 2020, thereby, achieving a market value of $16,973.2 million by 2027. The UK market is exhibiting a CAGR of 24.7% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 26.6% during (2021 - 2027).
Based on Type, the market is segmented into Low-code Development Platforms and No-code Development Platforms. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into Media & Entertainment, Telecom & IT, BFSI, Healthcare, Travel & Tourism, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Oracle Corporation, Salesforce.com Inc., Zoho Corporation, Fujitsu Ltd., HCL Technologies, Wipro Ltd., Twilio Platform, Datadog, Inc., Microsoft Corporation (GitHub) and Google, LLC (Google Cloud Platform).
Scope of the Study
Market Segments Covered in the Report:
By Type
- Low-code Development Platforms
- No-code Development Platforms
By Deployment Type
- On-premise
- Cloud
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By End User
- Media & Entertainment
- Telecom & IT
- BFSI
- Healthcare
- Travel & Tourism
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Oracle Corporation
- Salesforce.com Inc.
- Zoho Corporation
- Fujitsu Ltd.
- HCL Technologies
- Wipro Ltd.
- Twilio Platform
- Datadog, Inc.
- Microsoft Corporation (GitHub)
- Google, LLC (Google Cloud Platform)
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Companies Mentioned
- Oracle Corporation
- Salesforce.com Inc.
- Zoho Corporation
- Fujitsu Ltd.
- HCL Technologies
- Wipro Ltd.
- Twilio Platform
- Datadog, Inc.
- Microsoft Corporation (GitHub)
- Google, LLC (Google Cloud Platform)
Methodology
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