COVID-19 Impacts: Custom Application Development Service Market Will Accelerate at a CAGR of over 7% through 2020-2024|Rising Adoption of Cloud-Based Services to Boost Growth| Technavio
Technavio has been monitoring the custom application development service market and it is poised to grow by USD 26.74 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Custom Application Development Service Market 2020-2024 (Graphic: Business Wire)
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact
Frequently Asked Questions-
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accenture (News - Alert) Plc, Bourntec Solutions Inc., Capgemini SE, Cognizant Technology Solutions Corp., HCL Technologies Ltd., HP Inc., Iblesoft Inc., Infosys Ltd., International Business Machines Corp., and Tata Consultancy (News - Alert) Services Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The rising adoption of cloud-based services has been instrumental in driving the growth of the market.
Custom Application Development Service Market 2020-2024: Segmentation
Custom Application Development Service Market is segmented as below:
Custom Application Development Service Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our custom application development service market report covers the following areas:
This study identifies the growing adoption of analytics in enterprise applications as one of the prime reasons driving the custom application development service market growth during the next few years.
Custom Application Development Service Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the custom application development service market, including some of the vendors such as Accenture Plc, Bourntec Solutions Inc., Capgemini SE, Cognizant (News - Alert) Technology Solutions Corp., HCL Technologies Ltd., HP Inc., Iblesoft Inc., Infosys Ltd., International Business Machines Corp., and Tata Consultancy Services Ltd. Backed with competitive intelligence and benchmarking, our research reports on the custom application development service market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Custom Application Development Service Market 2020-2024: Key Highlights
Table of Contents:
Five Forces Analysis
Market Segmentation by Deployment
Drivers, Challenges, and Trends
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