Application Development Software - Croatia

The projected revenue for the Application Development Software market in Croatia is estimated to reach US$80.16m in 2024.
This is expected to grow at an annual growth rate of 5.75% from 2024 to 2029, resulting in a market volume of US$106.00m by the end of 2029.
In terms of global comparison, it is worth noting that United States is expected to generate the highest revenue in the Application Development Software market, with an estimated revenue of US$91.95bn in 2024.
Croatia's growing tech talent pool and favorable business environment make it an emerging hub for application development software in the software market.

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 demand for Application Development Software in Croatia has been on the rise in recent years.

Customer preferences: Croatian businesses are increasingly adopting digital solutions to streamline their operations and improve efficiency. This has led to a growing demand for Application Development Software that can help businesses create custom software solutions tailored to their specific needs. Additionally, with the rise of mobile devices, there has been an increased demand for mobile application development software.

Trends in the market: One of the major trends in the Croatian Application Development Software market is the shift towards cloud-based solutions. Cloud-based solutions offer several advantages over traditional on-premise solutions, including lower costs, greater scalability, and easier maintenance. As a result, many Croatian businesses are now opting for cloud-based Application Development Software.Another trend in the market is the increasing use of low-code and no-code development platforms. These platforms allow businesses to create custom software solutions without requiring extensive programming knowledge. This has made it easier for businesses to create custom software solutions that meet their specific needs.

Local special circumstances: Croatia's small business sector is a major driver of demand for Application Development Software. Small businesses account for a significant portion of the country's economy and are increasingly turning to digital solutions to improve their operations. Additionally, Croatia has a growing startup ecosystem, with many new businesses looking for cost-effective ways to develop custom software solutions.

Underlying macroeconomic factors: Croatia's economy has been growing steadily in recent years, with GDP growth averaging around 3% per year. This has led to increased investment in the country's digital infrastructure, including the development of high-speed internet networks and the expansion of cloud-based services. Additionally, Croatia's membership in the European Union has helped to attract foreign investment and promote economic growth.

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.