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Application Development Software - Portugal

Portugal
  • The Application Development Software market in Portugal is expected to achieve a revenue of US$225.02m by the year 2025.
  • This projection indicates a promising growth potential for the industry.
  • Furthermore, the market is anticipated to exhibit a compound annual growth rate (CAGR) of 4.02% from 2025 to 2030, resulting in a market volume of US$274.07m by the end of the period.
  • When compared on a global scale, it is worth noting that United States is predicted to generate the highest revenue in the Application Development Software market, with an estimated value of US$97.64bn in 2025.
  • This highlights the dominant position of the United States within the industry.
  • Portugal's growing tech ecosystem has led to an increased demand for application development software, making it a thriving market for software companies.

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Apr 2025

Source: Statista Market Insights

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

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

Most recent update: Mar 2024

Source: Statista Market Insights

Analyst Opinion

The Application Development Software market in Portugal has seen a steady growth in recent years.

Customer preferences:
Portuguese customers have shown a preference towards software that is easy to use and has a user-friendly interface. They also prefer software that is customizable and can be tailored to their specific needs. Furthermore, Portuguese customers value software that is affordable and provides good value for money.

Trends in the market:
One of the major trends in the Application Development Software market in Portugal is the increasing use of cloud-based software. This trend is driven by the need for more flexible and scalable software solutions. Another trend is the growing demand for mobile application development software, as more and more businesses are looking to reach their customers through mobile devices.

Local special circumstances:
Portugal has a vibrant startup ecosystem, which has led to a growing demand for software development tools. The country has a number of government initiatives to support startups, which has helped to fuel growth in the software development industry. Additionally, Portugal has a well-educated workforce, which has helped to attract foreign investment and talent to the country.

Underlying macroeconomic factors:
Portugal has seen steady economic growth in recent years, which has helped to fuel demand for software development tools. Additionally, the country has a relatively low cost of living and a high quality of life, which has made it an attractive location for businesses looking to expand their operations in Europe. Finally, Portugal is a member of the European Union, which has helped to facilitate trade and investment in the country.

Global 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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Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Jan 2025

Source: Statista Market Insights

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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.

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