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Software Development

The software development indus
+3.97% (annual)

Market Overview

Market Cap: $1.57T (USD)

Annual Performance

YearMarket CapChange
2025$1.57T+3.97%
2024$1.51T+6.34%
2023$1.42T+5.97%

Current Trends in Software Development

Last updated: 4/1/2025

The software development industry is experiencing several transformative trends:
  • AI-driven development is accelerating coding processes through tools like GitHub Copilot and similar AI assistants.
  • Low-code/no-code platforms are democratizing software creation, allowing non-technical users to build applications.
  • DevSecOps integration is pushing security earlier into the development lifecycle.
  • Microservices architectures continue to replace monolithic applications.

Cloud-native development has become the default approach for new applications, with [Amazon Web Services](#company) and [Microsoft Azure](#company) leading the infrastructure space. Meanwhile, emerging technologies like WebAssembly are expanding the capabilities of web applications.

The industry overlaps increasingly with [artificial intelligence](#industry) and [cybersecurity](#industry) sectors as these technologies become integral to modern software solutions.

Data Sources

Information current as of 4/14/2025