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Custom Applications Development Service Market | Rising Adoption of Cloud-based Services to Boost the Market Growth | TechnavioThe custom applications development service market size is poised to grow by USD 26.74 billion during 2020-2024, progressing at a CAGR of over 7% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201014005146/en/ Technavio has announced its latest market research report titled Global Custom Application Development Service Market 2020-2024 (Graphic: Business Wire) The demand for cloud-based services is increasing among small- and medium-sized enterprises as they offer advantages such as ease of access, flexibility, cost-effectivity, and security. Therefore, vendors in the market are offering cloud-based application services that simplify the process and allow the administrator to securely collaborate with team members, customers, partners, and suppliers. SAP (News - Alert) and International Business Machines are among the vendors offering SaaS-based application services. Companies across the world are partnering with vendors operating in the market to deploy cloud-based applications to manage their business lifecycles. Therefore, the custom application development service market is expected to record significant growth during the forecast period. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Report Highlights:
View market snapshot before purchasing Growing Adoption of Analytics in Enterprise Applications will be a Key Market Trend The growing adoption of analytics in enterprise applications is one of the key custom application development service market trends. The development of an enterprise application with the help of analytics facilitates the assessment and streamlining of customer data and marketing strategies. Applications integrated with analytics developed by service providers enable enterprises to understand their customers better and make insight-based marketing decisions. The analysis of customer data helps enterprises develop new customer-centric marketing strategies and campaigns. The custom application development service market will grow during the forecast period. Technavio's sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report Custom Applications Development Service Market 2020-2024: Key Highlights
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Deployment
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201014005146/en/ |