DUBLIN, Dec 16, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global IT Application Development Services Market - Procurement Market Intelligence Report 2017-2021" report to their offering.
The procurement specialist forecast the global IT application development services market to grow at a CAGR of 5.6% during the period 2017-2021.
IT application development services involve the customization of packaged software to match the business' needs. The development process of an IT application begins by defining and analyzing the requirements (business application goal) followed by subsequent stages of design, development, integration and testing, deployment and acceptance, and maintenance.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key suppliers operating in this market.
Buyers require applications that are customized based on the business requirements or project specifications. Over the past five years, the customized application solutions market grew by US$100 billion. The use of these applications has led to enhanced business productivity.
Further, the report states that proprietary or closed applications have a source code that can be modified by the team or organization that created it. In case of an open source system, the source code is made available to others to view, copy, alter, and share.
Key Topics Covered:
Part 1: SUMMARY
Part 2: CATEGORY AT A GLANCE
Part 3: MARKET INSIGHTS
Part 4: SUPPLY MARKET INSIGHTS
Part 5: PRICING INSIGHTS
Part 6: CATEGORY ESSENTIALS
Part 7: TOP FIVE SUPPLIERS
Part 8: APPENDIX
For more information about this report visit http://www.researchandmarkets.com/research/l39cx3/global_it
Laura Wood, Senior Manager
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SOURCE Research and Markets