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Application Development Software - Africa

Africa
  • The Application Development Software market in Africa is projected to witness a substantial increase in revenue, reaching a staggering US$2.25bn by the year 2024.
  • Moreover, it is expected to exhibit a promising compound annual growth rate (CAGR) of 8.24% from 2024 to 2029, leading to a market volume of US$3.34bn by the end of the forecast period.
  • When compared globally, United States is anticipated to dominate this market segment, generating the highest revenue of US$91.95bn in 2024.
  • In Africa, the demand for application development software is increasing, driven by the continent's growing tech ecosystem and the need for digital solutions in various industries.

Definition:

The Application Development Software market covers software development tools used by developers to design, create, test, and deploy applications. These applications can be anything from mobile apps and web-based software to complex enterprise applications. Examples of software solutions in the Application Development Software market include a wide range of tools and technologies, such as integrated development environments (IDEs), code editors, compilers, debuggers, testing and deployment tools, and programming languages.

Products in the Application Development Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.

Additional Information:

The Application Development Software market comprises revenue and revenue growth as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G).

Key players in this market include Microsoft (Visual Studio), Eclipse, IntelliJ IDEA, NetBeans, and Xcode.

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In-Scope

  • Application development software, such as Simplifier, Salesforce Platform, and Microsoft Visual Studio
  • Application and infrastructure middleware, such as Oracle Fusion Middleware, IBM WebSphere Application Server, and Microsoft BizTalk Server
  • Data management software, such as AWS, SAP Master Data Governance, and SQL Server Integration Service
  • Application platforms, such as Zoho Creator, Quickbase, and Salesforce Platform
  • Platform as a service (PaaS), such as Microsoft Azura, Google Cloud, and Engine Yard

Out-Of-Scope

  • Collaboration software, such as Google, Slack, and Zoom
  • Business intelligence and analytic software, such as Tableau, Zoho Analytics, and IBM
  • Custom applications, such as Sphinx Solutions, CHI Software, and Intellectsoft
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Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Jul 2024

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Analyst Opinion

    The demand for Application Development Software in Africa has been growing steadily over the past few years.

    Customer preferences:
    Customers in Africa are increasingly looking for software that is easy to use, cost-effective, and scalable. They prefer software that is customizable and can be tailored to their specific business needs. Furthermore, there is a growing demand for cloud-based software solutions, as they offer greater flexibility and accessibility.

    Trends in the market:
    One of the key trends in the African Application Development Software market is the emergence of local software developers. These developers are creating software that is specifically designed for the African market, taking into account local languages, customs, and business practices. Another trend is the increasing adoption of open-source software, which is often more affordable and customizable than proprietary software.

    Local special circumstances:
    Africa is a diverse continent with a wide range of languages, cultures, and business practices. This means that software developers need to take into account the specific needs of each local market. For example, software developed for the Nigerian market may need to be available in multiple languages, while software developed for South Africa may need to take into account the country's complex regulatory environment.

    Underlying macroeconomic factors:
    The African economy is growing rapidly, with many countries experiencing strong GDP growth rates. This is driving demand for software that can help businesses to operate more efficiently and effectively. Furthermore, the increasing availability of high-speed internet and mobile devices is making it easier for businesses to access and use software solutions. However, there are also challenges to the growth of the Application Development Software market in Africa, including a lack of access to finance for small and medium-sized businesses, and a shortage of skilled software developers.

    Global Comparison

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices

    Methodology

    Data coverage:

    The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).

    Modeling approach / Market size:

    The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.

    Forecasts:

    We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

    Additional notes:

    The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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    These activities are planned and put into stages in a logical order, a process known as the software development life cycle (SDLC) or software development. The SDLC often includes six stages: requirement analysis, design, development, testing, implementation, documentation, and evolution. Programming languages such as JavaScript and C++ are used to create software, with JavaScript being the most popular programming language in 2023 and used by roughly 65 percent of software developers.

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