Application Development Software - Benelux

The Application Development Software market in Benelux is expected to witness significant growth in the coming years.
According to projections, the revenue in this market is forecasted to reach US$3.64bn by 2024.
Furthermore, it is anticipated that the market will exhibit a Compound Annual Growth Rate (CAGR) of 4.77% between 2024 and 2029, resulting in a market volume of US$4.59bn by 2029.
In comparison to other countries, United States is expected to generate the highest revenue in the Application Development Software market, amounting to US$91.95bn in 2024.
In the Benelux region, there is a growing demand for Application Development Software as businesses increasingly prioritize digital transformation.

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.

For more information on the displayed data, use the info button right next to the boxes.

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

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

The Application Development Software market in Benelux is experiencing significant growth due to the increasing demand for software development tools and services in the region.

Customer preferences: In Benelux, customers prefer software development tools that are easy to use and provide a wide range of features. They also prefer tools that integrate well with other software applications and offer good customer support. Additionally, there is a growing demand for cloud-based development tools that enable remote collaboration and seamless integration with other cloud-based services.

Trends in the market: The Application Development Software market in Benelux is witnessing a shift towards low-code and no-code development platforms that enable faster and more efficient application development. This trend is driven by the need to reduce development costs and improve time-to-market. Additionally, there is a growing demand for mobile application development tools that enable developers to create cross-platform applications that work seamlessly on different devices and operating systems.

Local special circumstances: The Benelux region has a highly skilled workforce and a thriving startup ecosystem, which is driving the demand for application development software. The region is home to several innovative startups and established tech companies that are driving the growth of the software development industry. Additionally, the region has a strong focus on sustainability and environmental protection, which is driving the demand for software tools that enable sustainable development.

Underlying macroeconomic factors: The Benelux region has a stable economy and a highly educated workforce, which is driving the growth of the software development industry. Additionally, the region has a favorable business environment and a strong focus on innovation and entrepreneurship, which is attracting investment and driving the growth of the industry. Furthermore, the region has a high level of digitalization and a strong IT infrastructure, which is enabling the growth of the software development industry.

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.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

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.