This IDC study provides a worldwide forecast for 2019–2023 for the development languages, environments, and tools market.
"IDC projects strong growth for the DLET market with a total market CAGR of 5.0% through 2023. The growth of the market is driven by the modernization of legacy applications and the development of new applications that prioritize the addition of intelligence, connectedness, and rich user experience to applications," said Arnal Dayaratna, research director, Software Development at IDC. "In addition, the rise of cloud-native development will also drive the acceleration of growth in this market even as it encounters countervailing pressures from open source development tools and environments."
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