Engineering, Research & Technical Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Software Development Services
Overview
Market size
$735.0B
global, USD
CAGR
8.2%
base to forecast
Buyer power
-2.1
supplier-favoured
Suppliers
6
tracked players
Signals
12
1 high severity
Market outlook
2031$1.09T
What changed
Demand by region
North America demand45%
Europe demand28%
Asia Pacific demand18%
Rest of world demand9%
share of global demandtotal 100%
Cost drivers
Labor and Benefits70%
IT Infrastructure and Software Licensing12%
Facilities and Real Estate8%
Travel and Client Engagement5%
Training and Recruitment5%
share of delivered cost (analyst estimate)