The Software Development industry consists of businesses that write, modify and test systems and applications software, databases and web pages. The industry has made considerable progress over the past decade as people have become reliant on electronic devices in many areas of their lives. News, video and general web access via mobile phones, in addition to automated client-relationship software and advertising software applications, are all now an integral part of modern culture. Continued developments in technology have helped the industry weather the worst of the recession. Industry revenue is expected to grow at a compound annual rate of 7.9% over the five years through 2015-16.
This industry includes companies that write, modify and test software. Operators in the industry design and write computer code to implement systems software, software applications, databases and web pages. However, the industry does not include the design of systems that use hardware and software, or the installation or publishing of software.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.