Rapid Application Development Market by Capacity, Deployment, and Geography - Forecast - 2023-2027

Published: Feb 2023 Pages: 158 SKU: IRTNTR74972

Rapid Application Development Market Forecast 2023-2027 

The rapid application development (RAD) market is estimated to grow by USD 129.02 billion at a CAGR of 39.7% between 2022 and 2027. The increasing adoption of cloud-based services, driven by the need for flexible and scalable IT solutions, is driving market growth by increasing the demand for cloud services across various industries. Enterprise mobility, which involves the use of smartphones and other mobile devices for business purposes, is also boosting market expansion by enabling employees to work remotely and access business applications on the go. Additionally, the elimination of gaps in required IT skills, through training and upskilling initiatives, is driving the adoption of new technologies and driving market growth. Overall, these factors are driving the growth of the cloud-based services and enterprise mobility markets and driving innovations in mobile and cloud computing technologies.

What will be the size of the Market During the Forecast Period?

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Market Segmentation

This report extensively covers market segmentation by capacity (large enterprises and small and medium enterprises), deployment (on-premise and cloud-based), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historical market data from 2017 to 2021.

By Capacity

The market share growth of the large enterprises segment will be significant during the forecast period. Large enterprises have huge IT infrastructure installed on their premises, and the switching costs for these enterprises would be high. Even if these businesses opt for the hybrid model, it is strewn with integration issues in both development and production environments. Large enterprises that deal with critical business information prefer an on-premises application platform as it provides an optimum level of data security with physical access controls and security protocols.

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The large enterprises segment was valued at USD 3.18 billion in 2017. One of the main reasons for the adoption of RAD is the rising demand for cost-effective packaged solutions for resolving organizational internal and external issues, which is encouraging large enterprises to adopt RAD software. As more large enterprise employees use mobile devices both inside and outside the office, mobile remote support is becoming increasingly important. The RAD software is compatible with both iOS and Android devices. The growing availability of such products is expected to propel the growth of this market segment during the forecast period.

By Region

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North America is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. North America, including the US, is at the forefront of technology adoption. The adoption of IoT technology is witnessing an increase in industrial applications in North America, especially in developed economies such as the US and Canada. The increasing adoption of technologies such as video streaming and online payments is driving the growth of the regional RAD market. With an increase in the use of mobile phones and smartphones, as well as the expansion of device connectivity, the demand for IoT solutions is increasing in the region. The growing adoption of smartphones has increased growth opportunities for all subsectors within the telecom industry, including network infrastructure and 5G services companies, wireless/broadband carriers, and device manufacturers. Considering these factors, the regional market is expected to grow during the forecast period. 

Market Dynamics and Customer Landscape

 

The market is witnessing significant growth, driven by the adoption of advanced technologies to streamline business processes. Companies like Innominds are leveraging low-code platforms to accelerate software development for digital applications across various industries. These tools and platforms enable organizations to quickly prototype and deploy applications, reducing time-consuming tasks. Small and Medium-sized Enterprises (SMEs) are benefiting from cloud-based RAD platforms, such as OutSystems, Mendix, and Salesforce, which offer low-code application development capabilities. Collaboration between experienced professionals and users is key to implementing a successful RAD strategy, helping organizations stay competitive in the digital economy. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The increasing adoption of cloud-based services is notably driving market growth. Cloud-based services are popular among small- and medium-sized enterprises (SMEs) due to their cost-effectiveness, easy access, flexibility, and security. This popularity extends to cloud-based rapid application development (RAD) platforms and the Low-code/No-Code industry, which offer SMEs efficient and affordable solutions for their business needs. This leads to significant reductions in operating costs and improved efficiency in the development cycle. The emergence of new, highly flexible application delivery paradigms has addressed many issues with traditional application delivery, providing companies with a flexible workspace for the collaborative management of business applications. These advantages are expected to drive the growth of the market in the forecast period.

Significant Market Trend

Technological advances in application development are the key trends in the market. Emerging technologies such as AI, cloud computing, blockchain, predictive analytics, big data, IoT, virtual assistants, and machine learning, as well as augmented and virtual reality, are effectively transforming the way businesses function and end-business goals are met across industries. They are expected to pave the way for breakthrough developments in the application development vertical. 

With high-tech advances, application development in the mobile vertical is gaining more traction in modern times and, in turn, is dominating the global application development vertical. Another trend in this space is rapid mobile app development (RMAD), which is a code-free application development methodology for enterprises to quickly create and deploy mobile apps.  Application development is leaping forward in the government space as well. With the advent of the information age and the evolution in consumer demand, there is an increasing demand from taxpayers to have greater transparency in government processes. These trends are expected to drive the growth of the market during the forecast period.

Major Market Challenge

The complexity involved in application development, planning, and estimation is the major challenge impeding market growth. Rapid application development service planning and estimations cover the scope, objective, approach, and functionality as well as describe the time that it will take to complete a task. Application development teams must put more effort into the planning and estimation phase, as this will form the foundation for the success and accuracy of application objectives.  

Over-expectations from the management and pressure to complete the project within a short time without providing proper support could lead to incorrect application development and estimation. Inadequate application development expertise will have a negative impact on the final product or the service of an enterprise. Ignorance of the changing requirements, incremental development, and upstream delays can further add to the complexity of the application development plan and estimation.  Thus, complexities in the development plan and estimation can negatively impact the growth of the market during the forecast period.

Key Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Rapid Application Development Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

ServiceNow Inc. - The company offers rapid application development solutions such as Now Platform as its key offerings. The company operates as a single operating and reportable segment that includes sales and revenues generated through various products and services of the company. Major products include the Now Platform, and pre-packaged applications specifically designed for automating IT, Employee, and Customer workflows.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Idera Inc.
  • Kissflow Inc.
  • Mendix Technology BV
  • Microsoft Corp.
  • Ninox Software GmbH
  • Oracle Corp.
  • Oro Inc.
  • OutSystems Software em Rede SA
  • Pegasystems Inc.
  • Quickbase Inc.
  • Radzen Ltd.
  • Salesforce.com Inc.
  • Temenos Headquarters SA
  • WPP Plc
  • Zoho Corp. Pvt. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Capacity Outlook 
    • Large enterprises
    • Small and medium enterprises
  • Deployment Outlook
    • On-premise
    • Cloud-based
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market is experiencing significant growth driven by the increasing demand for streamlined processes and speed in software development. RAD focuses on rapid prototyping and iterative development, enabling developers to quickly create high-quality applications that meet robust application requirements.

Organizations like Soliant Consulting and Siemens Enterprise are leveraging RAD to develop customer-centric applications and integrate applications for Retail and Financial enterprises. RAD's user-centric approach and iterative development allow for faster deployment and adaptability to changing market requirements. With the rise of microservices and agile development practices, the market is expected to continue growing as businesses seek faster software development cycles and functional software solutions that address evolving needs.

 Market Scope

Report Coverage

Details

Page number

158

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 39.7%

Market growth 2023-2027

USD 129.02 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

39.58

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 35%

Key countries

US, Canada, China, Germany, and France

Competitive landscape

 Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

Amazon.com Inc., AmpleLogic, Appian Corp., International Business Machines Corp., Idera Inc., Kissflow Inc., Mendix Technology BV, Microsoft Corp., Ninox Software GmbH, Oracle Corp., Oro Inc., OutSystems Software em Rede SA, Pegasystems Inc., Quickbase Inc., Radzen Ltd., Salesforce.com Inc., ServiceNow Inc., Temenos Headquarters SA, WPP Plc, and Zoho Corp. Pvt. Ltd.

Market dynamics

Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Capacity
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global rapid application development market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global rapid application development market 2017 - 2021 ($ billion)
    • 4.2 Capacity Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Capacity Segment 2017 - 2021 ($ billion)
    • 4.3 Deployment Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Deployment Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Capacity

    • 6.1 Market segments
      • Exhibit 30: Chart on Capacity - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Capacity - Market share 2022-2027 (%)
    • 6.2 Comparison by Capacity
      • Exhibit 32: Chart on Comparison by Capacity
      • Exhibit 33: Data Table on Comparison by Capacity
    • 6.3 Large enterprises - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Large enterprises - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Large enterprises - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Large enterprises - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Large enterprises - Year-over-year growth 2022-2027 (%)
    • 6.4 Small and medium enterprises - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Small and medium enterprises - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Small and medium enterprises - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Small and medium enterprises - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Small and medium enterprises - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Capacity
      • Exhibit 42: Market opportunity by Capacity ($ billion)

    7 Market Segmentation by Deployment

    • 7.1 Market segments
      • Exhibit 43: Chart on Deployment - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Deployment - Market share 2022-2027 (%)
    • 7.2 Comparison by Deployment
      • Exhibit 45: Chart on Comparison by Deployment
      • Exhibit 46: Data Table on Comparison by Deployment
    • 7.3 On-premise - Market size and forecast 2022-2027
      • Exhibit 47: Chart on On-premise - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 48: Data Table on On-premise - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 49: Chart on On-premise - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on On-premise - Year-over-year growth 2022-2027 (%)
    • 7.4 Cloud based - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Cloud based - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Data Table on Cloud based - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Chart on Cloud based - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Cloud based - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Deployment
      • Exhibit 55: Market opportunity by Deployment ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 59: Chart on Geographic comparison
      • Exhibit 60: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 France - Market size and forecast 2022-2027
      • Exhibit 93: Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 94: Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 95: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.12 Canada - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 98: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 99: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 101: Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 102: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 104: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 105: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 106: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 107: Matrix on vendor position and classification
            • 12.3 Amazon.com Inc.
              • Exhibit 108: Amazon.com Inc. - Overview
              • Exhibit 109: Amazon.com Inc. - Business segments
              • Exhibit 110: Amazon.com Inc. - Key news
              • Exhibit 111: Amazon.com Inc. - Key offerings
              • Exhibit 112: Amazon.com Inc. - Segment focus
            • 12.4 Appian Corp.
              • Exhibit 113: Appian Corp. - Overview
              • Exhibit 114: Appian Corp. - Product / Service
              • Exhibit 115: Appian Corp. - Key news
              • Exhibit 116: Appian Corp. - Key offerings
            • 12.5 International Business Machines Corp.
              • Exhibit 117: International Business Machines Corp. - Overview
              • Exhibit 118: International Business Machines Corp. - Business segments
              • Exhibit 119: International Business Machines Corp. - Key offerings
              • Exhibit 120: International Business Machines Corp. - Segment focus
            • 12.6 Idera Inc.
              • Exhibit 121: Idera Inc. - Overview
              • Exhibit 122: Idera Inc. - Product / Service
              • Exhibit 123: Idera Inc. - Key offerings
            • 12.7 Mendix Technology BV
              • Exhibit 124: Mendix Technology BV - Overview
              • Exhibit 125: Mendix Technology BV - Product / Service
              • Exhibit 126: Mendix Technology BV - Key offerings
            • 12.8 Microsoft Corp.
              • Exhibit 127: Microsoft Corp. - Overview
              • Exhibit 128: Microsoft Corp. - Business segments
              • Exhibit 129: Microsoft Corp. - Key news
              • Exhibit 130: Microsoft Corp. - Key offerings
              • Exhibit 131: Microsoft Corp. - Segment focus
            • 12.9 Ninox Software GmbH
              • Exhibit 132: Ninox Software GmbH - Overview
              • Exhibit 133: Ninox Software GmbH - Product / Service
              • Exhibit 134: Ninox Software GmbH - Key offerings
            • 12.10 Oracle Corp.
              • Exhibit 135: Oracle Corp. - Overview
              • Exhibit 136: Oracle Corp. - Business segments
              • Exhibit 137: Oracle Corp. - Key news
              • Exhibit 138: Oracle Corp. - Key offerings
              • Exhibit 139: Oracle Corp. - Segment focus
            • 12.11 Oro Inc.
              • Exhibit 140: Oro Inc. - Overview
              • Exhibit 141: Oro Inc. - Product / Service
              • Exhibit 142: Oro Inc. - Key offerings
            • 12.12 OutSystems Software em Rede SA
              • Exhibit 143: OutSystems Software em Rede SA - Overview
              • Exhibit 144: OutSystems Software em Rede SA - Product / Service
              • Exhibit 145: OutSystems Software em Rede SA - Key offerings
            • 12.13 Pegasystems Inc.
              • Exhibit 146: Pegasystems Inc. - Overview
              • Exhibit 147: Pegasystems Inc. - Product / Service
              • Exhibit 148: Pegasystems Inc. - Key news
              • Exhibit 149: Pegasystems Inc. - Key offerings
            • 12.14 Salesforce.com Inc.
              • Exhibit 150: Salesforce.com Inc. - Overview
              • Exhibit 151: Salesforce.com Inc. - Product / Service
              • Exhibit 152: Salesforce.com Inc. - Key news
              • Exhibit 153: Salesforce.com Inc. - Key offerings
            • 12.15 ServiceNow Inc.
              • Exhibit 154: ServiceNow Inc. - Overview
              • Exhibit 155: ServiceNow Inc. - Product / Service
              • Exhibit 156: ServiceNow Inc. - Key news
              • Exhibit 157: ServiceNow Inc. - Key offerings
            • 12.16 Temenos Headquarters SA
              • Exhibit 158: Temenos Headquarters SA - Overview
              • Exhibit 159: Temenos Headquarters SA - Business segments
              • Exhibit 160: Temenos Headquarters SA - Key news
              • Exhibit 161: Temenos Headquarters SA - Key offerings
              • Exhibit 162: Temenos Headquarters SA - Segment focus
            • 12.17 Zoho Corp. Pvt. Ltd.
              • Exhibit 163: Zoho Corp. Pvt. Ltd. - Overview
              • Exhibit 164: Zoho Corp. Pvt. Ltd. - Product / Service
              • Exhibit 165: Zoho Corp. Pvt. Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 166: Inclusions checklist
                • Exhibit 167: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 168: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 169: Research methodology
                • Exhibit 170: Validation techniques employed for market sizing
                • Exhibit 171: Information sources
              • 13.5 List of abbreviations
                • Exhibit 172: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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