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Key Influencer in the Generative AI In Software Development Market 2025: Automation Drives Growth In Generative AI Software Development Market Driver
What Is the Forecasted Market Size and Growth Rate for the Generative AI In Software Development Market?The generative AI in software development market will grow from $53.4 billion in 2024 to $66.77 billion in 2025, at a CAGR of 25.0%. Growth drivers include increased computational power, advances in deep learning algorithms, the availability of large datasets, the need for coding optimization, and the emergence of cloud computing platforms.
The generative AI in software development market is expected to grow rapidly, reaching $161.34 billion by 2029 at a CAGR of 24.7%. Growth will be driven by the integration of generative AI into software development tools, expanded applications in creative industries, the adoption of AI for personalized content generation, enhanced natural language processing, and accelerated research in self-improving AI systems. Key trends include a stronger emphasis on ethical AI, the rise of AI-powered low-code and no-code platforms, AI-assisted software development, generative AI-driven cybersecurity solutions, and AI integration in DevOps workflows.
What Factors Are Propelling the Expansion of the Generative AI In Software Development Market?
The demand for automation is propelling the growth of generative AI in software development. Generative AI streamlines design tasks, such as UI layouts and graphics, allowing developers to focus on more creative endeavors. A 2024 report found that 85% of the software workforce is expected to adopt generative AI by 2026.
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Which Businesses Are at the Forefront of Generative AI In Software Development Market Development?
Major companies operating in the generative AI in software development market report are Amazon Inc.; Google LLC; Microsoft Corporation; Tencent Holdings Ltd.; International Business Machines Corporation; Deloitte Touche Tohmatsu Limited; Oracle Corporation; Red Hat Inc.; Atlassian Corporation Plc; Alteryx Inc.; Itransition Inc.; Visionet Systems Inc.; BairesDev LLC; Nordcloud Ltd.; CloudBees Inc.; 15Five Inc; ScienceLogic Inc.; Waverley Software Inc.; Alibaba Cloud; 10Clouds SP. Z O.O.; Radiansys Inc.; Tooploox; Blue Label Labs; ASG Technologies Ltd.; HatchWorks Inc
What Are the Latest Innovations in the Generative AI In Software Development Market?
Leading companies in the generative AI software development market are unveiling an array of advanced generative AI solutions to improve market efficiency and increase revenue. These services span a wide range of applications where AI is used to generate new content, such as conversations, stories, images, videos, and music. For example, in July 2023, Capgemini SE, a French IT firm, introduced a comprehensive suite of generative AI services, including AI strategy, customer experience solutions, software engineering tools, and custom AI for businesses. The software engineering service aims to enhance efficiency and quality across the entire software lifecycle-from design to deployment-while also accelerating software delivery and reducing technical debt. It further improves security by automatically identifying vulnerabilities and suggesting fixes, supporting large-scale software modernization efforts.
How Is the Generative AI In Software Development Market Segmented?
The generative AI in software development market covered in this report is segmented -
1) By Component: Solutions, Services
2) By Deployment Mode: On-Premise, Cloud-Based
3) By Application: Code Generation, Code Optimization, Bug Detection, Testing And Quality Assurance
Subsegments:
1) By Solutions: AI-Powered Code Generation, Automated Software Testing And Debugging, Intelligent Code Optimization And Refactoring, AI-Based Application Security And Vulnerability Detection
2) By Services: AI Consulting For Software Development, Custom AI Solution Development For Software, AI Integration And Implementation Services, AI-Driven Software Development Training And Support
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Where Is the Generative AI In Software Development Market Growth Most Prominent?
North America was the largest region in the generative AI in software development market in 2024. The regions covered in the generative AI in software development market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Generative AI In Software Development Global Market Report?
- Market Size Analysis: Analyze the Generative AI In Software Development Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Generative AI In Software Development Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Generative AI In Software Development Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Generative AI In Software Development Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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