Custom Software Development Market To Reach USD 206.61 Billion By 2032 | SNS Insider

(MENAFN- GlobeNewsWire - Nasdaq) The Custom Software Development Market is set to grow rapidly, driven by cloud adoption, AI solutions, digital transformation, and sector-specific demand.

Pune, March 05, 2025 (GLOBE NEWSWIRE) -- Custom Software Development Market Size Analysis:

“ The global Custom Software Development Market , valued at USD 34.84 billion in 2023, is projected to grow to USD 206.61 billion by 2032, expanding at a CAGR of 21.9% from 2024 to 2032. ”

Growth Demand and Future Opportunities in the Custom Software Development Market

The Custom Software Development Market is witnessing robust growth fueled by mounting demand for customized software solutions across sectors such as BFSI, healthcare, IT & telecom, and retail. The growth of cloud-based, AI-driven, and low-code/no-code platforms is fueling development, providing companies with scalability, flexibility, and cost savings. The increasing trend towards digital transformation and data-driven decision-making offers vast opportunities for bespoke enterprise solutions, particularly in automation of processes, CRM, ERP, and analytics. Regulatory systems and the demands for increased data security are further increasing opportunities, notably in areas such as government and healthcare. With companies making investments in innovative technologies, the future for custom software development holds a lot of promise, with high-growth prospects in developed and emerging markets.

Get a Sample Report of Custom Software Development Market @

Major Players Analysis Listed in this Report are:

• Accenture (Accenture myWizard, Accenture Applied Intelligence)
• Brainvire Infotech Inc. (Brainvire ERP Solutions, Brainvire eCommerce Development)
• Capgemini (Capgemini Intelligent Automation Platform, Capgemini Cloud Services)
• Cognizant (Cognizant TriZetto Healthcare Products, Cognizant BigDecisions)
• HCL Technologies Limited (HCL ExactoTM, HCL Advantage Suite)
• Iflexion (Iflexion Custom Enterprise Solutions, Iflexion AI & Machine Learning Services)
• Infopulse (Infopulse Digital Workplace, Infopulse Cloud Transformation)
• Infosys Ltd. (Infosys Finacle, Infosys EdgeVerve)
• Magora (Magora Custom CRM Solutions, Magora Mobile App Development)
• Microsoft (Microsoft Power Apps, Microsoft Azure Custom Solutions)
• Tata Consultancy Services Limited (TCS BaNCS, TCS MasterCraft)
• Thoughtworks, Inc. (Thoughtworks Digital Platform Strategy, ThoughtWorks ML & AI Solutions)
• Tietoevry (Tietoevry Banking Suite, Tietoevry Cloud Services)
• Trigent Software, Inc. (Trigent Digital Transformation Services, Trigent Cloud App Development)
• TRooTech Business Solutions (TRooTech AI-Powered Business Solutions, TRooTech Custom ERP Development)

Custom Software Development Market Report Scope:

Report Attributes	Details
Market Size in 2023	US$ 34.84 Billion
Market Size by 2032	US$ 206.61 Billion
CAGR	CAGR of 21.9 % From 2024 to 2032
Base Year	2023
Forecast Period	2024-2032
Historical Data	2020-2022
Key Regional Coverage	North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe [Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Key Growth Drivers	Growing Digital Transformation Initiatives Across Industries Drive the Custom Software Development Market Growth

Do you have any specific queries or need any customization research on Custom Software Development Market, Make an Enquiry Now@

By Development Type, Enterprise Software Segment Dominates Custom Software Development Market, Web-based Solutions Segment Sees Rapid Growth

The Enterprise Software segment dominated the Custom Software Development Market in 2023 with 55% of the total revenue. Custom enterprise solutions are being increasingly adopted by organizations across industries to enhance business process automation, CRM, ERP, and data analytics. Increasing demand for scalable, cloud-based, and AI-enabled applications has led to high investments in bespoke software development. Infosys and Capgemini are creating industry-focused solutions to meet the increasing demand for data security, automating workflows, and cloud migration.

The Web-based Solutions segment is the Custom Software Development Market's fastest-growing, with a CAGR of 23.02% in the forecast period. The growth in cloud computing, Software-as-a-Service (SaaS), and remote work solutions is fueling demand for custom web-based applications across BFSI, healthcare, retail, and IT & telecom sectors. Firms are investing more in scalable, browser-based applications that provide superior security, cross-platform support, and cost-efficient deployment.

By Deployment Mode , Cloud Segment Leads Custom Software Development Market, On-Premise Segment Sees Rapid Growth

The Cloud segment led the Custom Software Development Market in 2023, with 58% of total revenue. The mass adoption of cloud solutions in industries such as BFSI, healthcare, IT & telecom, and retail has fueled demand for scalable, flexible, and cost-effective software. Organizations are more and more moving to cloud infrastructure to take advantage of remote access, real-time processing of data, better security, and easier integration. Market leaders such as Microsoft, AWS, and Google Cloud are innovating AI-powered, low-code/no-code cloud platforms for software development.

The On-Premise segment is the highest growing in the Custom Software Development Market, with a CAGR of 23.0% during the forecast period. Even with the emergence of cloud solutions, industries like government, BFSI, defense, and healthcare still favor on-premise deployment because of data security, regulatory compliance, and infrastructure control issues. These sectors need localized software solutions to provide high security, operational control, and regulatory compliance, driving the demand for on-premise software solutions.

By Industry Vertical, IT & Telecom Segment Leads Custom Software Development Market, Government Sector Drives Rapid Growth

The IT & Telecom industry led the Custom Software Development Market in 2023, contributing 24% to overall revenue. The industry's increasing reliance on cloud computing, AI-based automation, and cybersecurity solutions has driven the need for customized software to maximize network infrastructure, CRM, and data analytics. Industry leaders such as Microsoft, Infosys, and Tata Consultancy Services (TCS) have launched custom AI-based software solutions to enhance telecom operations and improve network security.

The Government industry is the growth leader in Custom Software Development Market with a growth rate of 24.18% over the forecast period. Governments across the globe are considerably investing in digital transformation, cloud governance, artificial intelligence-based data analytics, and cybersecurity solutions that require customized software for public sector implementations. Economies such as the U.S., U.K., India, and China are pushing e-governance, smart city initiatives, and artificial intelligence-based public services, further contributing to huge market growth.

Custom Software Development Market Segmentation:

By Development Type

• Web-based Solutions
• Mobile App
• Enterprise Software

By Deployment Mode

• Cloud
• On-premise

By Enterprise Size

• Large Enterprises
• SMEs

By Industry Vertical

• BFSI
• Government
• Healthcare
• IT & Telecom
• Manufacturing
• Retail
• Others

Buy an Enterprise-User PDF of Custom Software Development Market Analysis & Outlook 2024-2032@

North America Leads Custom Software Development Market, Asia Pacific Fastest-Growing Region

North America dominated the Custom Software Development Market in 2023, with a market share of 38%. High demand for enterprise software, strong IT infrastructure, and high-paced digital transformation across sectors such as BFSI, healthcare, retail, and IT & telecom are the factors behind the region's leadership. Leading technology companies like Microsoft, IBM, Oracle, and AWS spearhead innovation in custom application development, AI automation, and cloud computing. The growth of digital banking and regulatory compliance requirements also increases demand for customized software solutions.

Asia Pacific is the most rapidly growing Custom Software Development Market, which is expected to grow at a CAGR of 22.4% over the forecast period. This growth is powered by digital transformation, a thriving IT industry, growing investments in cloud computing, and a growing adoption of AI-powered software solutions. Nations such as China, India, Japan, and South Korea are driving custom software demand across BFSI, manufacturing, e-commerce, and healthcare industries. Initiatives like India's "Digital India" initiative and China's emphasis on AI further fuel growth.

Table of Contents – Major Key Points

1. Introduction

2. Executive Summary

3. Research Methodology

4. Market Dynamics Impact Analysis

5. Statistical Insights and Trends Reporting

6. Competitive Landscape

7. Custom Software Development Market Segmentation, By Industry Vertical

8. Custom Software Development Market Segmentation, By Deployment Mode

9. Custom Software Development Market Segmentation, By Enterprise Size

10. Custom Software Development Market Segmentation, By Development Type

11. Regional Analysis

12. Company Profiles

13. Use Cases and Best Practices

14. Conclusion

Access Complete Report Details of Custom Software Development Market Analysis Report 2024-2032@

[For more information or need any customization research mail us at ...]

SNS Insider Offering/ Consulting Services:

Go To Market Assessment Service

Total Addressable Market (TAM) Assessment

Competitive Benchmarking and Market Share Gain

About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

CONTACT: Contact Us: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)

MENAFN05032025004107003653ID1109280525