Application Development Software - Saudi Arabia

The revenue in the Application Development Software market in Saudi Arabia is estimated to reach US$371.80m in 2024.
It is projected to experience a steady annual growth rate (CAGR 2024-2029) of 5.70%, leading to a market volume of US$490.50m by 2029.
When compared globally, United States is expected to generate the highest revenue, amounting to US$91.95bn in 2024.
Saudi Arabia is experiencing a surge in demand for application development software as the country invests heavily in its digital transformation initiatives.

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 Saudi Arabia has been experiencing significant growth in recent years.

Customer preferences: The increasing demand for mobile applications and the need for businesses to digitize their operations has led to a growing demand for Application Development Software in Saudi Arabia. Companies are looking for software that can help them develop and deploy applications quickly and efficiently. Additionally, there is a growing trend towards cloud-based software solutions, which offer greater flexibility and scalability.

Trends in the market: One of the key trends in the Application Development Software market in Saudi Arabia is the increasing adoption of low-code development platforms. These platforms allow developers to create applications using visual interfaces and pre-built components, rather than writing code from scratch. This can significantly reduce the time and cost involved in application development. Another trend is the growing popularity of DevOps practices, which focus on collaboration between development and operations teams to improve the speed and quality of application development.

Local special circumstances: Saudi Arabia is a rapidly developing market with a young and tech-savvy population. The government has been investing heavily in digital infrastructure and promoting the growth of the technology sector. Additionally, there is a growing entrepreneurial culture in the country, with many startups and small businesses looking to develop their own applications.

Underlying macroeconomic factors: The growth of the Application Development Software market in Saudi Arabia is being driven by a combination of factors, including the increasing digitization of the economy, the growing demand for mobile applications, and the government's focus on promoting the technology sector. Additionally, the country's young and tech-savvy population is driving demand for innovative technology solutions. Overall, the Application Development Software market in Saudi Arabia is expected to continue to grow in the coming years, as businesses and individuals increasingly turn to technology to drive growth and efficiency.

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.