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Application Development Software - Turkey

Turkey
  • In Turkey, the revenue in the Application Development Software market is projected to reach US$167.00m in 2024.
  • The market is expected to show an annual growth rate (CAGR 2024-2029) of 9.02%, resulting in a market volume of US$257.20m by 2029.
  • When compared globally, United States is expected to generate the highest revenue of US$91.95bn in 2024.
  • Turkey's growing tech ecosystem has led to a surge in demand for application development software, fueling innovation and entrepreneurship in the country.

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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In-Scope

  • 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

Out-Of-Scope

  • 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
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Study Details

    Revenue

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

    Most recent update: Sep 2024

    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: Sep 2024

    Source: Statista Market Insights

    Analyst Opinion

    As the global demand for application development software continues to rise, Turkey has been experiencing a similar trend in recent years.

    Customer preferences:
    Turkish customers have shown a preference for software solutions that offer ease of use and flexibility. They are looking for software that can be easily integrated with their existing systems and can be customized to meet their specific business needs. In addition, Turkish customers are increasingly interested in cloud-based solutions that offer scalability and cost-effectiveness.

    Trends in the market:
    The application development software market in Turkey has been growing steadily in recent years. This growth can be attributed to several factors, including the increasing demand for digital transformation across various industries. As more businesses in Turkey look to adopt digital solutions, the demand for application development software is likely to continue to rise.Another trend in the market is the increasing adoption of low-code and no-code development platforms. These platforms allow businesses to develop applications quickly and easily, without requiring extensive coding knowledge. This trend is likely to continue as more businesses in Turkey seek to accelerate their digital transformation efforts.

    Local special circumstances:
    One of the unique aspects of the Turkish market is the country's strategic location at the crossroads of Europe and Asia. This has made Turkey a hub for trade and commerce, and has attracted many international businesses to the country. As a result, the demand for application development software in Turkey is not only being driven by local businesses, but also by multinational corporations that have a presence in the country.

    Underlying macroeconomic factors:
    Turkey has a rapidly growing economy, with a large and young population that is increasingly tech-savvy. The country's government has also been investing heavily in infrastructure and technology, which has created a favorable environment for businesses in the technology sector. Additionally, Turkey has a large pool of skilled software developers, which has helped to drive innovation and growth in the application development software market.

    Global Comparison

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

    Most recent update: Sep 2024

    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.

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    Key Market Indicators

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

    Most recent update: Sep 2024

    Source: Statista Market Insights

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