The Latin America, Middle East and Africa Custom Software Development Market would witness market growth of 23.3% CAGR during the forecast period (2022-2028).
Investments in custom software development provide many benefits, including the financial industry's cybersecurity, internal processes' speed and dependability, and user-friendly fintech products. The pandemic also propelled the e-learning software's expansion. Custom programs became widely used in educational institutions for single-platform online learning, database management, etc.
Similarly, in entertainment industries, providers aim to provide simple, intuitive, and client-convenient software as Consumers today seek services that need fewer clicks to get. Additionally, integrating analytics in custom software enables the business to have a deeper understanding of its clients and base strategic decisions on the information gleaned from the program.
For business expansion, creating a custom software application can help keep and increase client satisfaction and retention rates, lessen errors and increase revenues. With such software, the companies have the freedom to widen the custom solution as necessary and to add users, locations, and features. In addition, there is a high possibility that many emerging and nascent industries might not have an existing COTS.
In recent years, Latin America has seen high levels of technological, economic, and entrepreneurial growth, with robust expansion in the software development industry. Additionally, some of the top IT companies in the region are found in nations like Colombia, Brazil, and Argentina. Brazil is the industry leader in the enormous Software as a Service business in the region. The SaaS sector has expanded as a result of rising mobile technology and internet usage.
The Brazil market dominated the LAMEA Custom Software Development Market by Country 2021; thereby, achieving a market value of $1.7 billion by 2028. The Argentina market is showcasing a CAGR of 23.9% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 22.9% during (2022 - 2028).
Based on Solution, the market is segmented into Enterprise Software, Web-based Solutions and Mobile App. Based on End User, the market is segmented into BFSI, Manufacturing, Government & Defense, Telecom & IT, Retail, Healthcare and Others. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Deployment, the market is segmented into Cloud and On-premise. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Custom Software Development Market is Predict to reach $85.9 Billion by 2028, at a CAGR of 20.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Tata Consultancy Services Ltd., Infosys Limited, Capgemini SE, Infopulse Ukraine LLC (Tietoevry Corporation), Magora Systems, Iflexion, MentorMate, Inc. (Taylor Corporation), Trigent Software Inc., TRooTech Business Solutions Pvt. Ltd and Brainvire Infotech, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Solution
- Enterprise Software
- Web-based Solutions
- Mobile App
By End User
- BFSI
- Manufacturing
- Government & Defense
- Telecom & IT
- Retail
- Healthcare
- Others
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By Deployment
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Tata Consultancy Services Ltd.
- Infosys Limited
- Capgemini SE
- Infopulse Ukraine LLC (Tietoevry Corporation)
- Magora Systems
- Iflexion
- MentorMate, Inc. (Taylor Corporation)
- Trigent Software Inc.
- TRooTech Business Solutions Pvt. Ltd
- Brainvire Infotech, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Custom Software Development Market, by Solution
1.4.2 LAMEA Custom Software Development Market, by End User
1.4.3 LAMEA Custom Software Development Market, by Enterprise Size
1.4.4 LAMEA Custom Software Development Market, by Deployment
1.4.5 LAMEA Custom Software Development Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations, and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. LAMEA Custom Software Development Market by Solution
4.1 LAMEA Enterprise Software Market by Country
4.2 LAMEA Web-based Solutions Market by Country
4.3 LAMEA Mobile App Market by Country
Chapter 5. LAMEA Custom Software Development Market by End-use
5.1 LAMEA BFSI Market by Country
5.2 LAMEA Manufacturing Market by Country
5.3 LAMEA Government & Defense Market by Country
5.4 LAMEA Telecom & IT Market by Country
5.5 LAMEA Retail Market by Country
5.6 LAMEA Healthcare Market by Country
5.7 LAMEA Other End-use Market by Country
Chapter 6. LAMEA Custom Software Development Market by Enterprise Size
6.1 LAMEA Large Enterprises Market by Country
6.2 LAMEA Small & Medium Enterprises Market by Country
Chapter 7. LAMEA Custom Software Development Market by Deployment
7.1 LAMEA Cloud Market by Country
7.2 LAMEA On-premise Market by Country
Chapter 8. LAMEA Custom Software Development Market by Country
8.1 Brazil Custom Software Development Market
8.1.1 Brazil Custom Software Development Market by Solution
8.1.2 Brazil Custom Software Development Market by End-use
8.1.3 Brazil Custom Software Development Market by Enterprise Size
8.1.4 Brazil Custom Software Development Market by Deployment
8.2 Argentina Custom Software Development Market
8.2.1 Argentina Custom Software Development Market by Solution
8.2.2 Argentina Custom Software Development Market by End-use
8.2.3 Argentina Custom Software Development Market by Enterprise Size
8.2.4 Argentina Custom Software Development Market by Deployment
8.3 UAE Custom Software Development Market
8.3.1 UAE Custom Software Development Market by Solution
8.3.2 UAE Custom Software Development Market by End-use
8.3.3 UAE Custom Software Development Market by Enterprise Size
8.3.4 UAE Custom Software Development Market by Deployment
8.4 Saudi Arabia Custom Software Development Market
8.4.1 Saudi Arabia Custom Software Development Market by Solution
8.4.2 Saudi Arabia Custom Software Development Market by End-use
8.4.3 Saudi Arabia Custom Software Development Market by Enterprise Size
8.4.4 Saudi Arabia Custom Software Development Market by Deployment
8.5 South Africa Custom Software Development Market
8.5.1 South Africa Custom Software Development Market by Solution
8.5.2 South Africa Custom Software Development Market by End-use
8.5.3 South Africa Custom Software Development Market by Enterprise Size
8.5.4 South Africa Custom Software Development Market by Deployment
8.6 Nigeria Custom Software Development Market
8.6.1 Nigeria Custom Software Development Market by Solution
8.6.2 Nigeria Custom Software Development Market by End-use
8.6.3 Nigeria Custom Software Development Market by Enterprise Size
8.6.4 Nigeria Custom Software Development Market by Deployment
8.7 Rest of LAMEA Custom Software Development Market
8.7.1 Rest of LAMEA Custom Software Development Market by Solution
8.7.2 Rest of LAMEA Custom Software Development Market by End-use
8.7.3 Rest of LAMEA Custom Software Development Market by Enterprise Size
8.7.4 Rest of LAMEA Custom Software Development Market by Deployment
Chapter 9. Company Profiles
9.1 Tata Consultancy Services Ltd.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Geographical Expansions:
9.1.6 SWOT Analysis
9.2 Infosys Limited
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.6 SWOT Analysis
9.3 Capgemini SE
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Recent strategies and developments:
9.3.4.1 Partnerships, Collaborations, and Agreements:
9.3.4.2 Product Launches and Product Expansions:
9.4 Infopulse Ukraine LLC (Tietoevry Corporation)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Geographical Expansions:
9.5 Magora Systems
9.5.1 Company Overview
9.6 Iflexion
9.6.1 Company Overview
9.7 MentorMate, Inc. (Taylor Corporation)
9.7.1 Company Overview
9.8 Trigent Software Inc.
9.8.1 Company Overview
9.9 TRooTech Business Solutions Pvt. Ltd.
9.9.1 Company Overview
9.10. Brainvire Infotech, Inc.
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 LAMEA Custom Software Development Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Custom Software Development Market, 2022 - 2028, 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 Geographical Expansions – Custom Software Development Market
TABLE 6 LAMEA Custom Software Development Market by Solution, 2018 - 2021, USD Million
TABLE 7 LAMEA Custom Software Development Market by Solution, 2022 - 2028, USD Million
TABLE 8 LAMEA Enterprise Software Market by Country, 2018 - 2021, USD Million
TABLE 9 LAMEA Enterprise Software Market by Country, 2022 - 2028, USD Million
TABLE 10 LAMEA Web-based Solutions Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA Web-based Solutions Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA Mobile App Market by Country, 2018 - 2021, USD Million
TABLE 13 LAMEA Mobile App Market by Country, 2022 - 2028, USD Million
TABLE 14 LAMEA Custom Software Development Market by End-use, 2018 - 2021, USD Million
TABLE 15 LAMEA Custom Software Development Market by End-use, 2022 - 2028, USD Million
TABLE 16 LAMEA BFSI Market by Country, 2018 - 2021, USD Million
TABLE 17 LAMEA BFSI Market by Country, 2022 - 2028, USD Million
TABLE 18 LAMEA Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 19 LAMEA Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 20 LAMEA Government & Defense Market by Country, 2018 - 2021, USD Million
TABLE 21 LAMEA Government & Defense Market by Country, 2022 - 2028, USD Million
TABLE 22 LAMEA Telecom & IT Market by Country, 2018 - 2021, USD Million
TABLE 23 LAMEA Telecom & IT Market by Country, 2022 - 2028, USD Million
TABLE 24 LAMEA Retail Market by Country, 2018 - 2021, USD Million
TABLE 25 LAMEA Retail Market by Country, 2022 - 2028, USD Million
TABLE 26 LAMEA Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 27 LAMEA Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 28 LAMEA Other End-use Market by Country, 2018 - 2021, USD Million
TABLE 29 LAMEA Other End-use Market by Country, 2022 - 2028, USD Million
TABLE 30 LAMEA Custom Software Development Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 31 LAMEA Custom Software Development Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 32 LAMEA Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 33 LAMEA Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 34 LAMEA Small & Medium Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 35 LAMEA Small & Medium Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 36 LAMEA Custom Software Development Market by Deployment, 2018 - 2021, USD Million
TABLE 37 LAMEA Custom Software Development Market by Deployment, 2022 - 2028, USD Million
TABLE 38 LAMEA Cloud Market by Country, 2018 - 2021, USD Million
TABLE 39 LAMEA Cloud Market by Country, 2022 - 2028, USD Million
TABLE 40 LAMEA On-premise Market by Country, 2018 - 2021, USD Million
TABLE 41 LAMEA On-premise Market by Country, 2022 - 2028, USD Million
TABLE 42 LAMEA Custom Software Development Market by Country, 2018 - 2021, USD Million
TABLE 43 LAMEA Custom Software Development Market by Country, 2022 - 2028, USD Million
TABLE 44 Brazil Custom Software Development Market, 2018 - 2021, USD Million
TABLE 45 Brazil Custom Software Development Market, 2022 - 2028, USD Million
TABLE 46 Brazil Custom Software Development Market by Solution, 2018 - 2021, USD Million
TABLE 47 Brazil Custom Software Development Market by Solution, 2022 - 2028, USD Million
TABLE 48 Brazil Custom Software Development Market by End-use, 2018 - 2021, USD Million
TABLE 49 Brazil Custom Software Development Market by End-use, 2022 - 2028, USD Million
TABLE 50 Brazil Custom Software Development Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 51 Brazil Custom Software Development Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 52 Brazil Custom Software Development Market by Deployment, 2018 - 2021, USD Million
TABLE 53 Brazil Custom Software Development Market by Deployment, 2022 - 2028, USD Million
TABLE 54 Argentina Custom Software Development Market, 2018 - 2021, USD Million
TABLE 55 Argentina Custom Software Development Market, 2022 - 2028, USD Million
TABLE 56 Argentina Custom Software Development Market by Solution, 2018 - 2021, USD Million
TABLE 57 Argentina Custom Software Development Market by Solution, 2022 - 2028, USD Million
TABLE 58 Argentina Custom Software Development Market by End-use, 2018 - 2021, USD Million
TABLE 59 Argentina Custom Software Development Market by End-use, 2022 - 2028, USD Million
TABLE 60 Argentina Custom Software Development Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 61 Argentina Custom Software Development Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 62 Argentina Custom Software Development Market by Deployment, 2018 - 2021, USD Million
TABLE 63 Argentina Custom Software Development Market by Deployment, 2022 - 2028, USD Million
TABLE 64 UAE Custom Software Development Market, 2018 - 2021, USD Million
TABLE 65 UAE Custom Software Development Market, 2022 - 2028, USD Million
TABLE 66 UAE Custom Software Development Market by Solution, 2018 - 2021, USD Million
TABLE 67 UAE Custom Software Development Market by Solution, 2022 - 2028, USD Million
TABLE 68 UAE Custom Software Development Market by End-use, 2018 - 2021, USD Million
TABLE 69 UAE Custom Software Development Market by End-use, 2022 - 2028, USD Million
TABLE 70 UAE Custom Software Development Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 71 UAE Custom Software Development Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 72 UAE Custom Software Development Market by Deployment, 2018 - 2021, USD Million
TABLE 73 UAE Custom Software Development Market by Deployment, 2022 - 2028, USD Million
TABLE 74 Saudi Arabia Custom Software Development Market, 2018 - 2021, USD Million
TABLE 75 Saudi Arabia Custom Software Development Market, 2022 - 2028, USD Million
TABLE 76 Saudi Arabia Custom Software Development Market by Solution, 2018 - 2021, USD Million
TABLE 77 Saudi Arabia Custom Software Development Market by Solution, 2022 - 2028, USD Million
TABLE 78 Saudi Arabia Custom Software Development Market by End-use, 2018 - 2021, USD Million
TABLE 79 Saudi Arabia Custom Software Development Market by End-use, 2022 - 2028, USD Million
TABLE 80 Saudi Arabia Custom Software Development Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 81 Saudi Arabia Custom Software Development Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 82 Saudi Arabia Custom Software Development Market by Deployment, 2018 - 2021, USD Million
TABLE 83 Saudi Arabia Custom Software Development Market by Deployment, 2022 - 2028, USD Million
TABLE 84 South Africa Custom Software Development Market, 2018 - 2021, USD Million
TABLE 85 South Africa Custom Software Development Market, 2022 - 2028, USD Million
TABLE 86 South Africa Custom Software Development Market by Solution, 2018 - 2021, USD Million
TABLE 87 South Africa Custom Software Development Market by Solution, 2022 - 2028, USD Million
TABLE 88 South Africa Custom Software Development Market by End-use, 2018 - 2021, USD Million
TABLE 89 South Africa Custom Software Development Market by End-use, 2022 - 2028, USD Million
TABLE 90 South Africa Custom Software Development Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 91 South Africa Custom Software Development Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 92 South Africa Custom Software Development Market by Deployment, 2018 - 2021, USD Million
TABLE 93 South Africa Custom Software Development Market by Deployment, 2022 - 2028, USD Million
TABLE 94 Nigeria Custom Software Development Market, 2018 - 2021, USD Million
TABLE 95 Nigeria Custom Software Development Market, 2022 - 2028, USD Million
TABLE 96 Nigeria Custom Software Development Market by Solution, 2018 - 2021, USD Million
TABLE 97 Nigeria Custom Software Development Market by Solution, 2022 - 2028, USD Million
TABLE 98 Nigeria Custom Software Development Market by End-use, 2018 - 2021, USD Million
TABLE 99 Nigeria Custom Software Development Market by End-use, 2022 - 2028, USD Million
TABLE 100 Nigeria Custom Software Development Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 101 Nigeria Custom Software Development Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 102 Nigeria Custom Software Development Market by Deployment, 2018 - 2021, USD Million
TABLE 103 Nigeria Custom Software Development Market by Deployment, 2022 - 2028, USD Million
TABLE 104 Rest of LAMEA Custom Software Development Market, 2018 - 2021, USD Million
TABLE 105 Rest of LAMEA Custom Software Development Market, 2022 - 2028, USD Million
TABLE 106 Rest of LAMEA Custom Software Development Market by Solution, 2018 - 2021, USD Million
TABLE 107 Rest of LAMEA Custom Software Development Market by Solution, 2022 - 2028, USD Million
TABLE 108 Rest of LAMEA Custom Software Development Market by End-use, 2018 - 2021, USD Million
TABLE 109 Rest of LAMEA Custom Software Development Market by End-use, 2022 - 2028, USD Million
TABLE 110 Rest of LAMEA Custom Software Development Market by Enterprise Size, 2018 - 2021, USD Million
TABLE 111 Rest of LAMEA Custom Software Development Market by Enterprise Size, 2022 - 2028, USD Million
TABLE 112 Rest of LAMEA Custom Software Development Market by Deployment, 2018 - 2021, USD Million
TABLE 113 Rest of LAMEA Custom Software Development Market by Deployment, 2022 - 2028, USD Million
TABLE 114 Key Information – Tata Consultancy Services Ltd.
TABLE 115 Key Information – Infosys Limited
TABLE 116 Key Information – Capgemini SE
TABLE 117 Key Information – Infopulse Ukraine LLC
TABLE 118 Key Information – Magora Systems
TABLE 119 Key Information – Iflexion
TABLE 120 Key Information – MentorMate, Inc.
TABLE 121 Key Information – Trigent Software Inc.
TABLE 122 Key Information – TRooTech Business Solutions Pvt. Ltd.
TABLE 123 Key information – Brainvire Infotech Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Recent strategies and developments: Tata Consultancy Services Ltd.
FIG 5 SWOT Analysis: Tata Consultancy Services Ltd.
FIG 6 SWOT Analysis: Infosys Limited
FIG 7 Recent strategies and developments: Capgemini SE