TECH SUPPLIER Mar 2021 - Market Perspective - Doc # US47199121
Understanding the Significance of the Worldwide Developer Forecast, 2020–2025: Part-Time Application Developers Lead Growth
This IDC Market Perspective quantifies and segments the worldwide developer population in 2020.
"The overall developer population is forecast to grow from 26.2 million in 2020 to 43.2 million in 2025. The full-time developer population grows with a CAGR of 10.5%, while the population of part-time developers grows with a CAGR of 12.5% for 2020–2025," said Arnal Dayaratna, research director, Software Development at IDC. Part-time application developers are the fastest-growing segment of developers in this analysis with a five-year CAGR through 2025 of 17.6% in contrast to full-time application developers segment, which grow at a rate of 11.8%. The aggressive growth of the part-time application developer segment is illustrative of the deepened penetration of low-code and no-code application development tools among part-time application developers such as data analysts, business analysts, and LOB professionals."
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