The North America Custom Software Development Market would witness market growth of 21.4% CAGR during the forecast period (2024-2031).
The US market dominated the North America Custom Software Development Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $43,162 million by 2031. The Canada market is experiencing a CAGR of 23.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 22.9% during (2024 - 2031).
Businesses encounter a variety of regional regulations, languages, currencies, and operational processes as they expand into international markets. Custom software development is often necessary to guarantee operational efficiency and compliance, as off-the-shelf software solutions frequently fail to meet the diverse requirements. The World Trade Organization (WTO) highlights the increasing significance of digital trade in the global economy.
According to the WTO's 2020 World Trade Report, government policies increasingly promote innovation in the digital age, underscoring the importance of tailored technological solutions for businesses operating across borders. This emphasis on digital innovation reflects companies' need to adopt customized software to meet the specific demands of various regional markets.
The custom software development market in North America has experienced substantial growth as a result of the widespread implementation of digital transformation strategies in a variety of industries. The BFSI (Banking, Financial Services, and Insurance) sector is a major driver of the custom software development market in the United States. The necessity for customized solutions to manage intricate financial transactions and adhere to rigorous regulatory standards has been exacerbated by the proliferation of mobile payment systems and digital banking. In 2023, the finance and insurance sector alone represented 7.3 percent of the gross domestic product (GDP) in 2023. The U.S. exported $175.5 billion in financial services and $25.0 billion in insurance services during the same year, underscoring the sector's significant economic impact.
Free Valuable Insights: The Custom Software Development Market is Predict to reach USD 184.63 Billion by 2031, at a CAGR of 22.0%
Based on Deployment Mode, the market is segmented into Cloud-Based and On-Premises. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises. Based on Type, the market is segmented into Enterprise Software, Web-based Solutions, and Mobile App. Based on End User, the market is segmented into IT & Telecom, Retail, BFSI, Manufacturing, Healthcare, Government, and Other End User. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Tata Consultancy Services Ltd.
- Infosys Limited
- Capgemini SE
- Accenture PLC
- Magora Systems
- Microsoft Corporation
- MentorMate, Inc. (Taylor Corporation)
- IBM Corporation
- Cognizant Technology Solutions Corporation
- Brainvire Infotech, Inc.
North America Custom Software Development Market Report Segmentation
By Deployment Mode
By Enterprise Size
- Large Enterprises
- Small & Medium-sized Enterprises
By Type
- Enterprise Software
- Web-based Solutions
- Mobile App
By End User
- IT & Telecom
- Retail
- BFSI
- Manufacturing
- Healthcare
- Government
- Other End User
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Custom Software Development Market, by Deployment Mode
1.4.2 North America Custom Software Development Market, by Enterprise Size
1.4.3 North America Custom Software Development Market, by Type
1.4.4 North America Custom Software Development Market, by End User
1.4.5 North America Custom Software Development Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansions
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2020, Feb – 2024, May) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Custom Software Development Market by Deployment Mode
5.1 North America Cloud-Based Market by Region
5.2 North America On-Premises Market by Region
Chapter 6. North America Custom Software Development Market by Enterprise Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small & Medium-sized Enterprises Market by Country
Chapter 7. North America Custom Software Development Market by Type
7.1 North America Enterprise Software Market by Country
7.2 North America Web-based Solutions Market by Country
7.3 North America Mobile App Market by Country
Chapter 8. North America Custom Software Development Market by End User
8.1 North America IT & Telecom Market by Country
8.2 North America Retail Market by Country
8.3 North America BFSI Market by Country
8.4 North America Manufacturing Market by Country
8.5 North America Healthcare Market by Country
8.6 North America Government Market by Country
8.7 North America Other End User Market by Country
Chapter 9. North America Custom Software Development Market by Country
9.1 US Custom Software Development Market
9.1.1 US Custom Software Development Market by Deployment Mode
9.1.2 US Custom Software Development Market by Enterprise Size
9.1.3 US Custom Software Development Market by Type
9.1.4 US Custom Software Development Market by End User
9.2 Canada Custom Software Development Market
9.2.1 Canada Custom Software Development Market by Deployment Mode
9.2.2 Canada Custom Software Development Market by Enterprise Size
9.2.3 Canada Custom Software Development Market by Type
9.2.4 Canada Custom Software Development Market by End User
9.3 Mexico Custom Software Development Market
9.3.1 Mexico Custom Software Development Market by Deployment Mode
9.3.2 Mexico Custom Software Development Market by Enterprise Size
9.3.3 Mexico Custom Software Development Market by Type
9.3.4 Mexico Custom Software Development Market by End User
9.4 Rest of North America Custom Software Development Market
9.4.1 Rest of North America Custom Software Development Market by Deployment Mode
9.4.2 Rest of North America Custom Software Development Market by Enterprise Size
9.4.3 Rest of North America Custom Software Development Market by Type
9.4.4 Rest of North America Custom Software Development Market by End User
Chapter 10. Company Profiles
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Geographical Expansions:
10.1.6 SWOT Analysis
10.2 Infosys Limited
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.6 SWOT Analysis
10.3 Capgemini SE
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Recent strategies and developments:
10.3.4.1 Partnerships, Collaborations, and Agreements:
10.3.4.2 Product Launches and Product Expansions:
10.3.5 SWOT Analysis
10.4 Accenture PLC
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental Analysis
10.4.4 Recent strategies and developments:
10.4.4.1 Product Launches and Product Expansions:
10.4.5 SWOT Analysis
10.5 Magora Systems
10.5.1 Company Overview
10.6 Microsoft Corporation
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Product Launches and Product Expansions:
10.6.5.2 Acquisition and Mergers:
10.6.6 SWOT Analysis
10.7 MentorMate, Inc. (Taylor Corporation)
10.7.1 Company Overview
10.8 IBM Corporation
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Regional & Segmental Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Partnerships, Collaborations, and Agreements:
10.8.5.2 Acquisition and Mergers:
10.8.6 SWOT Analysis
10.9 Cognizant Technology Solutions Corporation
10.9.1 Company overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 SWOT Analysis
10.10. Brainvire Infotech, Inc.
10.10.1 Company Overview
10.10.2 Recent strategies and developments:
10.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Custom Software Development Market, 2020 - 2023, USD Million
TABLE 2 North America Custom Software Development Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Custom Software Development Market
TABLE 4 Product Launches And Product Expansions– Custom Software Development Market
TABLE 5 Acquisition and Mergers– Custom Software Development Market
TABLE 6 Geographical Expansions– Custom Software Development Market
TABLE 7 North America Custom Software Development Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 8 North America Custom Software Development Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 9 North America Cloud-Based Market by Region, 2020 - 2023, USD Million
TABLE 10 North America Cloud-Based Market by Region, 2024 - 2031, USD Million
TABLE 11 North America On-Premises Market by Region, 2020 - 2023, USD Million
TABLE 12 North America On-Premises Market by Region, 2024 - 2031, USD Million
TABLE 13 North America Custom Software Development Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 14 North America Custom Software Development Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 15 North America Large Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Large Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Small & Medium-sized Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Small & Medium-sized Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Custom Software Development Market by Type, 2020 - 2023, USD Million
TABLE 20 North America Custom Software Development Market by Type, 2024 - 2031, USD Million
TABLE 21 North America Enterprise Software Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Enterprise Software Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Web-based Solutions Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Web-based Solutions Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Mobile App Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Mobile App Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Custom Software Development Market by End User, 2020 - 2023, USD Million
TABLE 28 North America Custom Software Development Market by End User, 2024 - 2031, USD Million
TABLE 29 North America IT & Telecom Market by Country, 2020 - 2023, USD Million
TABLE 30 North America IT & Telecom Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Retail Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Retail Market by Country, 2024 - 2031, USD Million
TABLE 33 North America BFSI Market by Country, 2020 - 2023, USD Million
TABLE 34 North America BFSI Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 36 North America Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 37 North America Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Government Market by Country, 2020 - 2023, USD Million
TABLE 40 North America Government Market by Country, 2024 - 2031, USD Million
TABLE 41 North America Other End User Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Other End User Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Custom Software Development Market by Country, 2020 - 2023, USD Million
TABLE 44 North America Custom Software Development Market by Country, 2024 - 2031, USD Million
TABLE 45 US Custom Software Development Market, 2020 - 2023, USD Million
TABLE 46 US Custom Software Development Market, 2024 - 2031, USD Million
TABLE 47 US Custom Software Development Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 48 US Custom Software Development Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 49 US Custom Software Development Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 50 US Custom Software Development Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 51 US Custom Software Development Market by Type, 2020 - 2023, USD Million
TABLE 52 US Custom Software Development Market by Type, 2024 - 2031, USD Million
TABLE 53 US Custom Software Development Market by End User, 2020 - 2023, USD Million
TABLE 54 US Custom Software Development Market by End User, 2024 - 2031, USD Million
TABLE 55 Canada Custom Software Development Market, 2020 - 2023, USD Million
TABLE 56 Canada Custom Software Development Market, 2024 - 2031, USD Million
TABLE 57 Canada Custom Software Development Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 58 Canada Custom Software Development Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 59 Canada Custom Software Development Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 60 Canada Custom Software Development Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 61 Canada Custom Software Development Market by Type, 2020 - 2023, USD Million
TABLE 62 Canada Custom Software Development Market by Type, 2024 - 2031, USD Million
TABLE 63 Canada Custom Software Development Market by End User, 2020 - 2023, USD Million
TABLE 64 Canada Custom Software Development Market by End User, 2024 - 2031, USD Million
TABLE 65 Mexico Custom Software Development Market, 2020 - 2023, USD Million
TABLE 66 Mexico Custom Software Development Market, 2024 - 2031, USD Million
TABLE 67 Mexico Custom Software Development Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 68 Mexico Custom Software Development Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 69 Mexico Custom Software Development Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 70 Mexico Custom Software Development Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 71 Mexico Custom Software Development Market by Type, 2020 - 2023, USD Million
TABLE 72 Mexico Custom Software Development Market by Type, 2024 - 2031, USD Million
TABLE 73 Mexico Custom Software Development Market by End User, 2020 - 2023, USD Million
TABLE 74 Mexico Custom Software Development Market by End User, 2024 - 2031, USD Million
TABLE 75 Rest of North America Custom Software Development Market, 2020 - 2023, USD Million
TABLE 76 Rest of North America Custom Software Development Market, 2024 - 2031, USD Million
TABLE 77 Rest of North America Custom Software Development Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 78 Rest of North America Custom Software Development Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 79 Rest of North America Custom Software Development Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 80 Rest of North America Custom Software Development Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 81 Rest of North America Custom Software Development Market by Type, 2020 - 2023, USD Million
TABLE 82 Rest of North America Custom Software Development Market by Type, 2024 - 2031, USD Million
TABLE 83 Rest of North America Custom Software Development Market by End User, 2020 - 2023, USD Million
TABLE 84 Rest of North America Custom Software Development Market by End User, 2024 - 2031, USD Million
TABLE 85 Key Information – Tata Consultancy Services Ltd.
TABLE 86 Key Information – Infosys Limited
TABLE 87 Key Information – Capgemini SE
TABLE 88 Key Information – Accenture PLC
TABLE 89 Key Information – Magora Systems
TABLE 90 Key Information – Microsoft Corporation
TABLE 91 Key Information – MentorMate, Inc.
TABLE 92 Key Information – IBM Corporation
TABLE 93 Key Information – Cognizant Technology Solutions Corporation
TABLE 94 Key information – Brainvire Infotech Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Custom Software Development Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Custom Software Development Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2020, Feb – 2024, May) Leading Players
FIG 8 Porter’s Five Forces Analysis – Custom Software Development Market
FIG 9 North America Custom Software Development Market share by Deployment Mode, 2023
FIG 10 North America Custom Software Development Market share by Deployment Mode, 2031
FIG 11 North America Custom Software Development Market by Deployment Mode, 2020 - 2031, USD Million
FIG 12 North America Custom Software Development Market share by Enterprise Size, 2023
FIG 13 North America Custom Software Development Market share by Enterprise Size, 2031
FIG 14 North America Custom Software Development Market by Enterprise Size, 2020 - 2031, USD Million
FIG 15 North America Custom Software Development Market share by Type, 2023
FIG 16 North America Custom Software Development Market share by Type, 2031
FIG 17 North America Custom Software Development Market by Type, 2020 - 2031, USD Million
FIG 18 North America Custom Software Development Market share by End User, 2023
FIG 19 North America Custom Software Development Market share by End User, 2031
FIG 20 North America Custom Software Development Market by End User, 2020 - 2031, USD Million
FIG 21 North America Custom Software Development Market share by Country, 2023
FIG 22 North America Custom Software Development Market share by Country, 2031
FIG 23 North America Custom Software Development Market by Country, 2020 - 2031, USD Million
FIG 24 Recent strategies and developments: Tata Consultancy Services Ltd.
FIG 25 SWOT Analysis: Tata Consultancy Services Ltd.
FIG 26 SWOT Analysis: Infosys Limited
FIG 27 Recent strategies and developments: Capgemini SE
FIG 28 SWOT Analysis: Capgemini SE
FIG 29 SWOT Analysis: Accenture PLC
FIG 30 Recent strategies and developments: Microsoft Corporation
FIG 31 SWOT Analysis: Microsoft Corporation
FIG 32 Recent strategies and developments: IBM Corporation
FIG 33 SWOT Analysis: IBM Corporation
FIG 34 Swot analysis: cognizant technology solutions corporation
