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PUBLISHER: IDC | PRODUCT CODE: 1477571

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PUBLISHER: IDC | PRODUCT CODE: 1477571

Worldwide and U.S. Custom Application Development Services Forecast, 2024-2028

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PAGES: 18 Pages
DELIVERY TIME: 1-2 business days
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This IDC study presents forecasts of spending (customer expenditures) for the custom application development (CAD) services market for 2024-2028. This IDC research study includes advice to CAD services providers, an analysis of key market and industry trends by importing market, key market drivers and inhibitors, significant market developments, and highlights of key changes from the prior forecast. This study also updates the previous forecast published in Worldwide and U.S. Custom Application Development Services Forecast, 2023-2027 (IDC #US50583123, April 2023)."The market for custom application development services grew across regions over 2023. Modernization initiatives continue to buoy services growth across regions, and enterprise infatuations with GenAI have helped kick-start initiatives for custom development services. IDC believes demand for custom development services will remain rich as enterprises look to elevate and prioritize corporate imperatives on innovation, profitability, and sustainability." - Pete Marston, research director, Intelligent Application Services at IDC

Product Code: US52076623

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

  • Worldwide Custom Application Development Services Forecast
    • Geographic Growth Trends
  • U.S. Custom Application Development Services Forecast

Market Context

  • Drivers and Inhibitors
    • Drivers
      • Optimizing Financial Management
      • Ensuring Business Operations
    • Inhibitors
      • Security
      • Lack of Specific Firm Knowledge
      • Adoption of Packaged Applications
  • Significant Market Developments
  • Changes from Prior Forecast

Market Definition

Methodology

  • Market Sizing: Discrete Versus Bundled

Related Research

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