TECH SUPPLIER Oct 2018 - Market Forecast - Doc # US44389218
Worldwide Developer Forecast, 2018–2022: Asia/Pacific and Americas Lead Strong Growth of Worldwide Developer Population
This IDC study is a top-down analysis of the number of full-time, part-time, and nonprofessional software developers in the world from 2017 to 2022. The number of software developers is important for a variety of resource allocation and investment decisions and because they are the gating factors to addressable market calculations for many software and IT services providers.
"IDC estimates that the number of developers worldwide will rise from 21.25 million in 2017 to 27.40 million in 2022," said Arnal Dayaratna, research director, Software Development at IDC. "During this time period, Asia/Pacific will grow fastest with a five-year CAGR of 5.89%, while the Americas and EMEA have corresponding CAGRs of 5.84% and 3.76%. Part-time developer growth has a CAGR of 7.43% while full-time developer growth has a CAGR of 4.48%. The rapid growth of the worldwide segment of part-time developers underscores how developer demographics will increasingly feature part-time developers that are empowered to develop applications because of increased DevOps adoption as well as the maturation of low-code and no-code development tools."
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