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Application Development Software - Argentina

Argentina

Highlights

Market definition

In-Scope/Out-of-scope

Market structure

Reports

Methodology

In Argentina, the Application Development Software market is anticipated to witness significant growth in the coming years.
It is projected that the revenue in this market will reach US$238.76m by 2025.
Looking ahead, the market is expected to exhibit a compound annual growth rate (CAGR 2025-2030) of 2.80%, resulting in a market volume of US$274.04m by 2030.
When compared globally, it is worth noting that United States will generate the highest revenue in the Application Development Software market.
In 2025, the revenue United States is estimated to be US$97.64bn.
This highlights the dominance of the United States in this market segment.
Despite economic challenges, Argentina's growing tech ecosystem has led to an increasing demand for application development software in the country.

Revenue

Revenue Change

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

Most recent update: Apr 2025

Source: Statista Market Insights

Comparable Estimates - Software (Worldwide)

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

Average Spend per Employee

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

Most recent update: Apr 2025

Source: Statista Market Insights

Key Players

Brand Shares (BETA)

Most recent update: Mar 2024

Source: Statista Market Insights

The Application Development Software market in Argentina has been steadily growing over the years, with an increasing number of businesses adopting digital solutions to improve their operations.

Customer preferences: Customers in Argentina are increasingly looking for software solutions that are easy to use and provide seamless integration with their existing systems. They also prefer software that offers customization options to fit their specific business needs. Cloud-based solutions are becoming more popular due to their flexibility and scalability.

Trends in the market: One of the key trends in the Application Development Software market in Argentina is the rise of low-code platforms. These platforms allow businesses to create custom applications without the need for extensive coding knowledge. This trend is driven by the need for businesses to quickly deploy new applications and improve their operations.Another trend in the market is the increasing use of Artificial Intelligence (AI) and Machine Learning (ML) in application development. These technologies are being used to improve the functionality and user experience of applications. Additionally, there is a growing demand for mobile application development as more businesses look to reach customers on their mobile devices.

Local special circumstances: Argentina has a large pool of highly skilled software developers, which has helped to drive innovation in the market. The country also has a strong startup culture, with many new businesses emerging in the technology sector. However, the market is also highly competitive, with many established players vying for market share.

Underlying macroeconomic factors: The growth of the Application Development Software market in Argentina is being driven by a number of macroeconomic factors. The country has a large and growing economy, with a strong focus on technology and innovation. Additionally, the government has implemented policies to support the growth of the technology sector, including tax incentives and funding for startups. However, the market is also subject to economic volatility, which can impact demand for software solutions.

Global Comparison

Revenue Comparison

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

Most recent update: Apr 2025

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.

Technology

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Software: market data & analysis - Background

Software: market data & analysis - Cover

Overview

Key Market Indicators

Population

Telecommunication

Business Cycle

Exchange Rates

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

Most recent update: Jan 2025

Source: Statista Market Insights

Explore more high-quality data on related topic

Software development - statistics & facts

Imagine a world without the apps you use daily, the games you enjoy, or the websites you rely on. Software development is the invisible hand behind this digital magic, transforming ideas into the tools that shape our lives. Software development is the process of creating, designing, deploying, and supporting software. It includes all the computer activities between the software's conception and final manifestation.

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.