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

Publisher IDC
Published May 09, 2024
Length 18 Pages
SKU # IDC18780664

Description

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


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

Please Note: Extended description available upon request.

Table of Contents

18 Pages
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

Pricing

Currency Rates
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