UK Custom Software Development Market Size & Outlook
UK custom software development market, 2018-2030 (US$M)
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UK custom software development market highlights
- The UK custom software development market generated a revenue of USD 1,611.8 million in 2023 and is expected to reach USD 5,804.0 million by 2030.
- The UK market is expected to grow at a CAGR of 20.1% from 2024 to 2030.
- In terms of segment, enterprise software was the largest revenue generating solution in 2023.
- Enterprise Software is the most lucrative solution segment registering the fastest growth during the forecast period.
Custom software development market data book summary
| Market revenue in 2023 | USD 1,611.8 million |
| Market revenue in 2030 | USD 5,804.0 million |
| Growth rate | 20.1% (CAGR from 2023 to 2030) |
| Largest segment | Enterprise software |
| Fastest growing segment | Enterprise Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Web-based Solutions, Mobile App, Enterprise Software |
| Key market players worldwide | Accenture PLC Class A, Capgemini SE, Cognizant Technology Solutions Corp Class A, HCL Technologies, Infosys Ltd ADR, Microsoft Corp, Thoughtworks Holding Inc, TietoEVRY Corp ADR, Tata Consultancy Services, Brainvire, Iflexion, Infopulse, Magora, Trigent, TRooTech Business Solutions |
Other key industry trends
- In terms of revenue, UK accounted for 4.6% of the global custom software development market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany custom software development market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 8,232.9 million by 2030.
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Custom Software Development Market Scope
Custom Software Development Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK custom software development market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to custom software development market will help companies and investors design strategic landscapes.
Enterprise software was the largest segment with a revenue share of 60.53% in 2023. Horizon Databook has segmented the UK custom software development market based on web-based solutions, mobile app, enterprise software covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the U.K. custom software development market can be attributed to improving cybersecurity regulations, especially those concerned with AI. This is likely to encourage businesses to procure AI-integrated custom software solutions, thereby driving market growth in the country.
In November 2023, the U.K. government, along with the U.S. and a combined effort from 21 international agencies, released comprehensive guidelines for secure AI development. This collaborative effort, led by the U.S. Cybersecurity and Infrastructure Security Agency (CISA) and the U.K. National Cyber Security Centre (NCSC), includes industry experts and representatives from all G7 nations and the Global South.
These globally agreed-upon guidelines are expected to empower developers of AI systems, from scratch-built projects to those using existing tools, to make informed cybersecurity decisions throughout the entire development process.
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Our clientele includes a mix of custom software development market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK custom software development market , including forecasts for subscribers. This country databook contains high-level insights into UK custom software development market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK custom software development market size, by solution, 2018-2030 (US$M)
UK Custom Software Development Market Outlook Share, 2023 & 2030 (US$M)
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