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North America Custom Software Development Market Size, Share & Trends Analysis Report By Deployment Mode (Cloud-Based and On-Premises), By Enterprise Size, Based on Type, By End User, By Country and Growth Forecast, 2024 - 2031

Publisher Knowledge Based Value (KBV) Research
Published Apr 02, 2025
Length 139 Pages
SKU # KBV19948178

Description

The North America Custom Software Development Market would witness market growth of 21.4% CAGR during the forecast period (2024-2031).

The US market dominated the North America Custom Software Development Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $43,162 million by 2031. The Canada market is experiencing a CAGR of 23.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 22.9% during (2024 - 2031).

Businesses encounter a variety of regional regulations, languages, currencies, and operational processes as they expand into international markets. Custom software development is often necessary to guarantee operational efficiency and compliance, as off-the-shelf software solutions frequently fail to meet the diverse requirements. The World Trade Organization (WTO) highlights the increasing significance of digital trade in the global economy.

According to the WTO's 2020 World Trade Report, government policies increasingly promote innovation in the digital age, underscoring the importance of tailored technological solutions for businesses operating across borders. This emphasis on digital innovation reflects companies' need to adopt customized software to meet the specific demands of various regional markets.

The custom software development market in North America has experienced substantial growth as a result of the widespread implementation of digital transformation strategies in a variety of industries. The BFSI (Banking, Financial Services, and Insurance) sector is a major driver of the custom software development market in the United States. The necessity for customized solutions to manage intricate financial transactions and adhere to rigorous regulatory standards has been exacerbated by the proliferation of mobile payment systems and digital banking. In 2023, the finance and insurance sector alone represented 7.3 percent of the gross domestic product (GDP) in 2023. The U.S. exported $175.5 billion in financial services and $25.0 billion in insurance services during the same year, underscoring the sector's significant economic impact.

Based on Deployment Mode, the market is segmented into Cloud-Based and On-Premises. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises. Based on Type, the market is segmented into Enterprise Software, Web-based Solutions, and Mobile App. Based on End User, the market is segmented into IT & Telecom, Retail, BFSI, Manufacturing, Healthcare, Government, and Other End User. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Tata Consultancy Services Ltd.
  • Infosys Limited
  • Capgemini SE
  • Accenture PLC
  • Magora Systems
  • Microsoft Corporation
  • MentorMate, Inc. (Taylor Corporation)
  • IBM Corporation
  • Cognizant Technology Solutions Corporation
  • Brainvire Infotech, Inc.
North America Custom Software Development Market Report Segmentation

By Deployment Mode
  • Cloud-Based
  • On-Premises
By Enterprise Size
  • Large Enterprises
  • Small & Medium-sized Enterprises
By Type
  • Enterprise Software
  • Web-based Solutions
  • Mobile App
By End User
  • IT & Telecom
  • Retail
  • BFSI
  • Manufacturing
  • Healthcare
  • Government
  • Other End User
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

139 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Custom Software Development Market, by Deployment Mode
1.4.2 North America Custom Software Development Market, by Enterprise Size
1.4.3 North America Custom Software Development Market, by Type
1.4.4 North America Custom Software Development Market, by End User
1.4.5 North America Custom Software Development Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansions
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2020, Feb – 2024, May) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Custom Software Development Market by Deployment Mode
5.1 North America Cloud-Based Market by Region
5.2 North America On-Premises Market by Region
Chapter 6. North America Custom Software Development Market by Enterprise Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small & Medium-sized Enterprises Market by Country
Chapter 7. North America Custom Software Development Market by Type
7.1 North America Enterprise Software Market by Country
7.2 North America Web-based Solutions Market by Country
7.3 North America Mobile App Market by Country
Chapter 8. North America Custom Software Development Market by End User
8.1 North America IT & Telecom Market by Country
8.2 North America Retail Market by Country
8.3 North America BFSI Market by Country
8.4 North America Manufacturing Market by Country
8.5 North America Healthcare Market by Country
8.6 North America Government Market by Country
8.7 North America Other End User Market by Country
Chapter 9. North America Custom Software Development Market by Country
9.1 US Custom Software Development Market
9.1.1 US Custom Software Development Market by Deployment Mode
9.1.2 US Custom Software Development Market by Enterprise Size
9.1.3 US Custom Software Development Market by Type
9.1.4 US Custom Software Development Market by End User
9.2 Canada Custom Software Development Market
9.2.1 Canada Custom Software Development Market by Deployment Mode
9.2.2 Canada Custom Software Development Market by Enterprise Size
9.2.3 Canada Custom Software Development Market by Type
9.2.4 Canada Custom Software Development Market by End User
9.3 Mexico Custom Software Development Market
9.3.1 Mexico Custom Software Development Market by Deployment Mode
9.3.2 Mexico Custom Software Development Market by Enterprise Size
9.3.3 Mexico Custom Software Development Market by Type
9.3.4 Mexico Custom Software Development Market by End User
9.4 Rest of North America Custom Software Development Market
9.4.1 Rest of North America Custom Software Development Market by Deployment Mode
9.4.2 Rest of North America Custom Software Development Market by Enterprise Size
9.4.3 Rest of North America Custom Software Development Market by Type
9.4.4 Rest of North America Custom Software Development Market by End User
Chapter 10. Company Profiles
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Geographical Expansions:
10.1.6 SWOT Analysis
10.2 Infosys Limited
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.6 SWOT Analysis
10.3 Capgemini SE
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Recent strategies and developments:
10.3.4.1 Partnerships, Collaborations, and Agreements:
10.3.4.2 Product Launches and Product Expansions:
10.3.5 SWOT Analysis
10.4 Accenture PLC
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental Analysis
10.4.4 Recent strategies and developments:
10.4.4.1 Product Launches and Product Expansions:
10.4.5 SWOT Analysis
10.5 Magora Systems
10.5.1 Company Overview
10.6 Microsoft Corporation
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Product Launches and Product Expansions:
10.6.5.2 Acquisition and Mergers:
10.6.6 SWOT Analysis
10.7 MentorMate, Inc. (Taylor Corporation)
10.7.1 Company Overview
10.8 IBM Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Regional & Segmental Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Partnerships, Collaborations, and Agreements:
10.8.5.2 Acquisition and Mergers:
10.8.6 SWOT Analysis
10.9 Cognizant Technology Solutions Corporation
10.9.1 Company overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 SWOT Analysis
10.10. Brainvire Infotech, Inc.
10.10.1 Company Overview
10.10.2 Recent strategies and developments:
10.10.2.1 Partnerships, Collaborations, and Agreements:

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