Insights on the Custom Application Development Service Market 2020-2024: COVID-19 Industry Analysis, Market Trends, Market Growth, Opportunities and Forecast - Technavio

Technavio has announced its latest market research report titled Global Custom Application Development Service Market 2020-2024 (Graphic: Business Wire)

LONDON--()--The custom application development service market is expected to grow by USD 26.74 bn, progressing at a CAGR of over 7% during the forecast period.

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The rising adoption of cloud-based services is one of the major factors propelling the market growth.

More details: https://www.technavio.com/report/custom-application-development-service-market-industry-analysis

Custom Application Development Service Market: Deployment Landscape

Based on the deployment, the cloud segment is expected to witness lucrative growth during the forecast period.

Custom Application Development Service Market: Geographic Landscape

By geography, North America is going to have a lucrative growth during the forecast period. About 38% of the market’s overall growth is expected to originate from North America. The US is the key market for custom application development services in North America.

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Companies Covered:

  • Accenture Plc
  • Bourntec Solutions Inc.
  • Capgemini SE
  • Cognizant Technology Solutions Corp.
  • HCL Technologies Ltd.
  • HP Inc.
  • Iblesoft Inc.
  • Infosys Ltd.
  • International Business Machines Corp.
  • Tata Consultancy Services Ltd.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019-2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Deployment

  • Market segments
  • Comparison by Deployment placement
  • On-premise - Market size and forecast 2019-2024
  • Cloud - Market size and forecast 2019-2024
  • Market opportunity by Deployment

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher-priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Accenture Plc
  • Bourntec Solutions, Inc.
  • Capgemini SE
  • Cognizant Technology Solutions Corp.
  • HCL Technologies Ltd.
  • HP Inc.
  • Iblesoft Inc.
  • Infosys Ltd.
  • International Business Machines Corp.
  • Tata Consultancy Services Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Custom Application Development Service Market will grow by USD 26.74 bn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/