Application Development Software - CIS

The Application Development Software market in the CIS is projected to reach a revenue of US$1.64bn in 2024.
With an expected annual growth rate (CAGR 2024-2029) of 5.56%, the market is anticipated to expand to a volume of US$2.14bn by 2029.
In the global comparison, United States is expected to generate the highest revenue with US$91.95bn in 2024.
In the CIS region, the demand for application development software is rapidly increasing, as companies strive to stay competitive in the digital era.

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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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 CIS has been experiencing steady growth in recent years.

Customer preferences: Customers in CIS are increasingly looking for software solutions that can help them improve their business processes and increase efficiency. They are also seeking software that is easy to use, customizable, and scalable.

Trends in the market: One of the major trends in the Application Development Software market in CIS is the increasing adoption of cloud-based solutions. This trend is driven by the need for more flexible and cost-effective solutions, as well as the desire for greater mobility and collaboration. Another trend is the growing demand for low-code or no-code development platforms, which enable businesses to develop applications more quickly and with less coding knowledge.

Local special circumstances: CIS countries have unique cultural and linguistic characteristics that can impact the development of software solutions. For example, there are many different languages spoken in the region, which can make it challenging to create software that is accessible to all users. Additionally, there are often cultural differences in the way people work and communicate, which can impact the design and functionality of software solutions.

Underlying macroeconomic factors: The Application Development Software market in CIS is influenced by a range of macroeconomic factors, including government regulations, economic growth, and technological advancements. For example, government policies that support innovation and entrepreneurship can help to drive growth in the market, while economic downturns can lead to decreased demand for software solutions. Technological advancements, such as the increasing use of artificial intelligence and machine learning, are also likely to impact the market in the coming years.

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.