Press release
Application Development Market 2019 Leading Players: Wipro LTD, Oracle Corp, International Business Machines Corporation, Hewlett Packard Enterprise Company
The global application development market is spanned across Americas, Europe, Asia Pacific, and Rest of world. North America dominates the application development market due to growing adoption of the Internet of Things that has positive implications for the future of IT and telecommunications sector, which is propelling the application development market growth to a large extent. Cloud based applications and artificial intelligence are likely to continue boosting the growth of the application development market in future.
The global Application Development Market is expected to reach USD 9,336 Million at a CAGR of over 21% by the end of the forecast period.
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Major Key Players:
• International Business Machines Corporation (U.S.)
• Salesforce.com, Inc. (U.S.)
• Microsoft Corp. (U.S.)
• Oracle Corp. (U.S.)
• SAP SE (Germany)
• Hewlett Packard Enterprise Company (U.S.)
• Alphabet Inc. (U.S.)
• ServiceNow, Inc. (U.S.)
• CA Technology Inc. (U.S.)
• Compuware Corp. (U.S.)
• Fujitsu Ltd (Japan)
• HCL Tech (India)
• Red Hat, Inc. (U.S.)
• Wipro LTD (India)
• NEC Corp. (Japan)
Application Development Market Segmentation:
The global application development market is segmented into component, application, end users and region. The component is sub-segmented into hardware, software, services and others. The services are further sub segmented into Integration and maintenance. The deployment segment is sub-segmented into on cloud, on premises.
The end-users segment is sub-segmented into BFSI, IT and telecommunications, media and entertainment, transportation, and others. The global market is spanned across North America, Europe, Asia Pacific, and rest of the world.
Market Research Analysis:
The global application development market consists of the Americas, Europe, Asia Pacific, and Rest of the world. North America is dominating the global application development market. The application development market is witnessing high growth due to increase in demand for cloud-based applications development, among end users including BFSI, IT and telecommunications, media and entertainment, and transportation.
Europe is projected to hold the second largest share of the global application development market during the forecast period due to increasing demand of internet of things in this region. Asia Pacific is expected to witness the highest CAGR in the coming years.
North America is experiencing a higher demand due to internet of things, which is propelling the application development market growth to the large extent.
Intended Audience:
• Application development companies
• Application development providers
• Technical universities
• System integrators
• Managed Security Service Providers
• Professional service providers
• Research and development companies
• Market research and consulting firms
• Solution providers
• Technology standards organizations
• Technology investors
• System Integrators
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Deployment
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued…
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List of Tables
Table 1 Global Application Development Market: By Region, 2017-2023
Table 2 North America Application Development Market: By Country, 2017-2023
Table 3 Europe Application Development Market: By Country, 2017-2023
Continued…
List of Figures
Figure 1 Global Application Development Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Five Forces Analysis Of Global Application Development Market
Continued…
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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