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Application Development Software - Israel

Israel

Highlights

Market definition

In-Scope/Out-of-scope

Market structure

Reports

Methodology

The Application Development Software market in Israel is expected to witness significant growth in the coming years.
According to projections, the revenue in this market is set to reach US$1.00bn in 2025.
Furthermore, it is anticipated that the market will exhibit a compound annual growth rate (CAGR 2025-2030) of 4.77%, leading to a market volume of US$1.26bn by 2030.
When compared globally, it is noteworthy that United States will generate the highest revenue in the Application Development Software market, with an estimated value of US$97.64bn in 2025.
This indicates the dominant position of the US in this market segment.
Israel's thriving tech ecosystem has positioned it as a global leader in application development software, attracting top talent and investment from around the world.

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

Israel, a small country in the Middle East, has a thriving technology industry with a focus on innovation and development. The Application Development Software market in Israel is no exception, with a growing demand for software solutions to meet the needs of businesses and consumers.

Customer preferences: Israeli customers are known for their high standards and expectations when it comes to technology products and services. They prioritize software solutions that are reliable, secure, and user-friendly. Additionally, there is a growing demand for mobile applications that can be used on-the-go and integrate with other software platforms.

Trends in the market: One of the key trends in the Application Development Software market in Israel is the adoption of cloud-based solutions. This allows businesses to access software applications from anywhere, while also reducing the need for expensive hardware and maintenance costs. Another trend is the increasing use of artificial intelligence and machine learning in software development, which can help to automate processes and improve efficiency.

Local special circumstances: Israel has a highly skilled workforce, with a large number of software developers and engineers. This has led to a competitive market, with many startups and established companies competing for talent and market share. Additionally, Israel has a strong focus on cybersecurity, which has led to the development of secure software solutions that can be used in a variety of industries.

Underlying macroeconomic factors: Israel has a strong economy with a focus on technology and innovation. The government has invested heavily in the technology industry, providing funding and support for startups and established companies alike. Additionally, Israel has a highly educated population, with a focus on science and technology education. This has led to a culture of innovation and entrepreneurship, which has helped to drive the growth of the Application Development Software market in Israel.

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.