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Software Development in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Software Development Market Research Report | SIC J62.010 | Feb 2017

A strong development: The growth of new technologies will support continued expansion

IBISWorld’s Software Development market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Oracle Corporation UK Ltd Oracle Corporation UK Ltd market share
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
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Industry Threats & Opportunities
  • Demand for customised software from the IT and finance sectors has benefited the industry
  • The industry adds significant value to the economy, encouraging government support
  • The increasing adoption of cloud computing will allow for the greater use of agile programming
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Industry Analysis & Industry Trends

The Software Development industry consists of businesses that write, modify and test systems and applications software, databases and web pages. The industry has made considerable progress over the past decade as businesses and individuals have become reliant on electronic devices in many areas of their lives. Online access to news, social media, video and other websites, in addition to automated client-relationship software and advertising software applications, are now an integral part of modern culture. Consistent developments in technology have helped the industry grow solidly over the past five years. Industry revenue is expected to grow at a compound annual rate of 8.9% over the five years through 2016-17. The industry is forecast to generate revenue of £26.6... purchase to read more

Industry Report - Industry Products Chapter

Application software

The development of application software is expected to account for 33.4% of industry revenue in 2016-17, a proportion that is estimated to have risen over the past five years. Application developers develop programs for a specific task or set of tasks and cover a wide variety of types. Key types application software for businesses are business intelligence, customer relationships management, enterprise planning, personal productivity, portfolio management and supply chain management. Specific software products may vary from sector-specific applications to general tools such as word processors, spreadsheets, virus scanners and disk defragmenters, which may be used by businesses and home users.

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Additional Insights for the Software Development Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Software Development Industry are

  • Development of new products
  • Ready access to investment funding
  • Highly trained workforce
  • IBISWorld analysts also discuss how external factors such as Business software investment and IT and telecommunications adoption in the Software Development industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Software Development Industry?

    Operators in this industry design and write computer code to implement systems software, software applications, databases and web pages. The industry includes companies that write, modify and test software. However, the industry does not include the design of systems that use hardware and software, or the installation or publishing of software.

    Industry Products
    Maintenance and supportApplication softwareSystems softwareCustom softwareLeisure and entertainment software
    Industry Activities
    Systems software developmentApplication developmentDatabase developmentTesting and debugging

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Business software investment
  • IT and telecommunications adoption
  • Demand from computer consultants
  • Demand from banks
  • Demand from software publishing
  • Demand from computer game publishing
  • Current Performance
  • Digital demand
  • Software as a Service
  • Supporting developers
  • Profit trends
  • Chart: Revenue Growth
  • Industry Outlook
  • Industry consolidation
  • Major innovations
  • Pull the plug
  • Table: Software Development Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Software Development Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Wired Telecommunications Carriers
  • Software Publishing
  • Computer Consultants
  • Key Selling Industries
  • Computer & Gaming Product Retailers
  • Market Research & Public Opinion Polling
  • Products & Services
  • Application software
  • Custom software
  • Systems software
  • Maintenance and support
  • Leisure and entertainment software
  • Other
  • Chart: Software Development Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Other industries
  • Retailers and wholesalers
  • Information and technology firms
  • Manufacturing firms
  • Banking and finance industry
  • Professional services
  • Chart: Major Market Segmentation for the Software Development Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Rent, utilities, depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Software Development
  • Basis of Competition
  • Internal competition
  • External competition.
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Software Development Industry
  • Industry Globalization
    Major Companies
    Oracle Corporation
  • Table: Oracle Corporation - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Software Development Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Software Development Industry
  • Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
    Cloud Computing
  • Using a network of remote servers hosted on the internet, rather than a local server, to store, manage and process data.
  • Debugging
  • When a programmer looks through existing code in an effort to recognise flaws in a program.
  • Internet Of Things
  • A proposed network of everyday objects that are connected using wireless connections, sensors and software to transmit data.
  • Middleware
  • Back-end software that links at least two systems together.
  • Programming Language
  • A language used by programmers to develop applications, scripts or other sets of instructions for computers to execute, such as JavaScript.
  • Saas
  • Software as a Service. A software licensing model through which software is centrally hosted and accessed on a subscription basis.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Software Development:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Software Development market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Software Development, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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