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May 2020

Software Engineering

The Custom Software Development market employs over 920,000 individuals in the US and totaled $155 billion according to Plunkett Analytics. Enterprises in all industries deploy software to improve efficiency, while lowering costs, resulting in high demand for custom software development services.

An emerging trend in the software development space are low-code and no-code application development platforms. These platforms allow for faster development, while decreasing costs. Microsoft expects a record 500 million apps to be developed over the next five to ten years. Such demand will undoubtedly drive growth in the Software Development industry over the next couple of years.