Application Development Software - Eastern Asia

The Eastern Asian market segment for Application Development Software market is anticipated to witness remarkable growth in the coming years.
According to projections, the revenue in this market is set to reach a staggering US$10.52bn by 2024.
Moreover, it is expected to exhibit a steady annual growth rate (CAGR 2024-2029) of 5.26%, resulting in a substantial market volume of US$13.59bn by 2029.
When compared globally, United States is predicted to generate the highest revenue in the Application Development Software market.
In 2024 alone, United States is projected to generate a remarkable revenue of US$91.95bn.
This highlights the dominant position of the United States in this market segment.
In Eastern Asia, Japan stands out as a leader in the application development software market, with its innovative and user-friendly solutions driving growth and adoption.

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 demand for Application Development Software in Eastern Asia has been steadily increasing in recent years.

Customer preferences: Customers in Eastern Asia are increasingly looking for application development software that is user-friendly, efficient, and cost-effective. They prefer software that can be easily integrated with other applications and can be customized to meet their specific needs. Additionally, customers are looking for software that is cloud-based, which allows for easier access and collaboration.

Trends in the market: In China, the market for application development software has been growing rapidly due to the increasing number of startups and small businesses. These companies are looking for software that can help them streamline their operations and improve their overall efficiency. In Japan, the market for application development software has been driven by the increasing demand for mobile applications. Japanese consumers are known for their love of technology and are increasingly using their smartphones to access a variety of services.

Local special circumstances: In South Korea, the market for application development software has been influenced by the government's push to develop the country's IT industry. The government has implemented various initiatives to encourage the development of new technologies and has provided funding for startups and small businesses. In Taiwan, the market for application development software has been driven by the country's strong manufacturing sector. Many manufacturers are looking for software that can help them improve their production processes and increase efficiency.

Underlying macroeconomic factors: The growth of the application development software market in Eastern Asia can be attributed to several underlying macroeconomic factors. One of the main factors is the region's strong economic growth. As countries in Eastern Asia continue to develop and modernize, there is an increasing demand for software that can help businesses operate more efficiently. Additionally, the region's large and growing population is also driving demand for application development software. As more people in the region gain access to smartphones and other digital devices, the demand for software that can be used on these devices is expected to continue to grow.

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.