Software development - Statistics & Facts

Software industry and software development

As an integral part of the IT market, the software industry has seen rapid growth in recent years. Despite the temporary decline brought about by the coronavirus (COVID-19) outbreak in 2020, the market is set to retrieve the growth trajectory in the foreseeable future. As the creative engine of this ever-evolving industry, software development plays a central role; tech companies spend relentlessly on the development of new software products and the improvement of current ones. Software developers are also generously paid for their work.

Types of software development

Depending on the type of software that is being developed, there are different types of software development. One of the most common types would be application development, which develops software applications that perform specific tasks on PC operating systems. Windows is the PC operating system that most developers work with. With the growing ubiquity of smartphones, mobile app development – the process where a mobile app is developed for mobile devices – is getting popular as well. Most developers work with both Android and iOS mobile operating systems, while there are also developers who only work with one of the two major mobile OS. Another popular type of software development is web development, which involves developing websites for the internet or an intranet (a private network). Application programming interface (API) development and embedded systems development are some of the other software development types.

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