Global Application Development Software Market size was valued at USD 131.45 billion in 2020 and expected to grow to USD 390.98 billion at a compound annual growth rate (CAGR) of 11.5%. Software development is the process of generating and maintaining applications, frameworks, and other software components through conceiving, specifying, designing, programming, documenting, testing, and bug resolving. Software development entails writing and maintaining source code, but it also encompasses all activities that lead from the conception of a desired piece of software to its final manifestation, usually in a planned and structured manner. Research, new development, prototyping, modification, reuse, re-engineering, maintenance, and any other activities that result in software products are all included in software development. To know the upcoming trends and insights prevalent in this market, click the link below: https://www.prophecymarketinsights.com/market_insight/Global-Application-Development-Software-Market-3017