Application Development Software - Morocco

The Application Development Software market in Morocco is forecasted to witness a significant surge in revenue, with projections indicating it will reach US$95.15m in 2024.
Moreover, the market is expected to exhibit a promising annual growth rate (CAGR 2024-2029) of 6.62%, culminating in a market volume of US$131.10m by 2029.
When compared globally, United States is anticipated to generate the highest revenue, amounting to US$91.95bn in 2024.
In Morocco, the demand for application development software is rapidly increasing, as businesses seek to digitize their operations and expand their online presence.

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 Morocco has been developing at a steady pace in recent years.

Customer preferences: Moroccan customers, like customers worldwide, are increasingly looking for software development tools that are easy to use, customizable, and compatible with multiple platforms. Moroccan companies, particularly those in the telecommunications and banking sectors, are investing heavily in software development to improve their customer experience and stay ahead of the competition.

Trends in the market: One trend that has emerged in the Moroccan market is the increasing popularity of cloud-based software development tools. Cloud-based tools offer several advantages over traditional software development tools, including lower costs, increased flexibility, and improved collaboration. Another trend is the growing demand for open-source software development tools. Open-source tools are free to use and can be customized to meet the specific needs of Moroccan companies.

Local special circumstances: One factor that has contributed to the growth of the Application Development Software market in Morocco is the country's relatively young population. With a median age of just 29 years, Morocco has a large and growing pool of young, tech-savvy workers who are eager to develop new software applications. Additionally, Morocco's strategic location at the crossroads of Europe, Africa, and the Middle East has made it an attractive destination for multinational companies looking to expand their software development operations.

Underlying macroeconomic factors: Morocco's economy has been growing at a steady pace in recent years, driven in part by the country's strong export sector. This has created a favorable business environment for companies operating in the Application Development Software market. Additionally, Morocco has made significant investments in its telecommunications infrastructure in recent years, which has improved internet connectivity and made it easier for Moroccan companies to collaborate with partners around the world.

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.