GITNUX MARKETDATA REPORT 2024

Application Development Industry Statistics

The application development industry is expected to experience steady growth fueled by increasing demand for mobile apps and digital solutions across various sectors.

Statistic 1

"The Application Development Software market is projected to reach $10.7 billion by 2027."

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Statistic 2

"It is predicted that by the end of 2021, 1 in 3 businesses will use DevOps for application development."

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Statistic 3

"By 2024, the mobile application market is expected to register a CAGR of 11.5%."

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Statistic 4

"In 2025, global app revenues are predicted to amount to $693 billion."

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Statistic 5

"By 2023, over 500 million apps are expected to be developed, which is equivalent to the total number created in the last 40 years."

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Statistic 6

"Java is the most popular programming language for app development, used by over 3 million developers."

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Statistic 7

"Android has the highest share in the mobile OS market, accounting for over 70% of the mobile platform market since 2016."

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Statistic 8

"90% of the time on mobile is spent within apps."

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Statistic 9

"Microservices architecture is being used by 68% of organizations for their application development."

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Statistic 10

"More than 50% of businesses consider speeding up product development to be a major advantage of DevOps."

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Statistic 11

"54% of users find mobile apps to provide a better experience than mobile sites."

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Statistic 12

"46% of users said they would not purchase from a brand again if they had an interruptive mobile experience."

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Statistic 13

"In 2020, over 218 billion mobile apps were downloaded globally."

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Statistic 14

"As of July 2020, there were approximately 2.2 million iOS apps available in Apple's App Store."

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Statistic 15

"83% of app developers targeting the enterprise market are building for Android."

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