The Future of the Web Development Market — Industry Insights

The Future of the Web Development Market — Industry Insights

Business Applications Challenges 08/13/2024

<p style="margin-bottom:10.0pt;"><span lang="EN">The </span><a href="https://www.businessresearchinsights.com/market-reports/web-development-market-109039" target="_blank"><span style="color:#1155CC;" lang="EN">web development market</span></a><span lang="EN"> was worth USD 56 billion in 2021 and is projected to grow at a CAGR (Compound Annual Growth Rate) of 8.03%, reaching USD 130,971.3 million by 2032.<o:p></o:p></span></p><p style="margin-bottom:10.0pt;"><span lang="EN">That being said, the demand for web developers to create custom web applications will continue to increase over the years.<o:p></o:p></span></p><p style="margin-bottom:10.0pt;"><span lang="EN">It should also be noted that the </span><a href="https://www.fortunebusinessinsights.com/low-code-development-platform-market-102972" target="_blank"><span style="color:#1155CC;" lang="EN">low-code development market size</span></a><span lang="EN"> was projected to grow from USD 22.25 billion in 2023 to USD 28.75 billion in 2024—with a CAGR of 32% from 2024 to 2032.<o:p></o:p></span></p><p style="margin-bottom:10.0pt;"><span lang="EN">Furthermore, by 2025, </span><a href="https://quixy.com/blog/no-code-low-code-citizen-development-statistics-facts/" target="_blank"><span style="color:#1155CC;" lang="EN">Gartner estimates</span></a><span lang="EN"> that 70% of new applications will be developed using no-code or low-code solutions.<o:p></o:p></span></p><p style="margin-bottom:10.0pt;"><span lang="EN">All that being said, the future of web development will not be solely relegated to those with high expertise in the field; instead, citizen developers using low-code platforms will have a greater footprint in the future of the industry.</span></p><h3><span lang="EN">Web Development Job Growth Over the Next 3 Years<o:p></o:p></span></h3><p style="margin-bottom:10.0pt;"><a href="https://www.bls.gov/ooh/computer-and-information-technology/web-developers.htm" target="_blank"><span style="color:#1155CC;" lang="EN">According to the U.S. Bureau of Labor Statistics</span></a><span lang="EN">, web developers and designers see a significantly higher growth rate than average—with estimates suggesting that the field will grow by 16% from 2022 to 2032.<o:p></o:p></span></p><p style="margin-bottom:10.0pt;"><span lang="EN">Considering that there are around 19,000 openings a year, over the next three years there will be around 57,000 new jobs for web developers and designers.<o:p></o:p></span></p><h4><a name="_7x9anaoe3g8m"></a><span lang="EN">Low-Code Adoption<o:p></o:p></span></h4><p style="margin-bottom:10.0pt;"><a href="https://quixy.com/blog/no-code-low-code-citizen-development-statistics-facts/" target="_blank"><span style="color:#1155CC;" lang="EN">Gartner estimates</span></a><span lang="EN"> that over 50% of medium to large enterprises will use low-code or no-code solutions for app development.<o:p></o:p></span></p><p style="margin-bottom:10.0pt;"><span lang="EN">Furthermore, half of all buyers for these solutions will come from outside of IT organizations by 2025. As such, a larger number of industries such as BFSI, Education, and healthcare, will need a greater number of web developers.<o:p></o:p></span></p><p style="margin-bottom:10.0pt;"><span lang="EN">The rapid adoption of low-code solutions is good news for those with little to no coding experience. It is estimated that </span><a href="https://colorlib.com/wp/web-development-statistics/" target="_blank"><span style="color:#1155CC;" lang="EN">63.8% of web developers</span></a><span lang="EN"> are self-taught, which is in large part due to low-code and no-code solutions, in an industry that was once highly technical.<o:p></o:p></span></p><h4><a name="_wd8nuy2wr87o"></a><span lang="EN">The Rise of Citizen Developers<o:p></o:p></span></h4><p style="margin-bottom:10.0pt;"><a href="https://quixy.com/blog/no-code-low-code-citizen-development-statistics-facts/" target="_blank"><span style="color:#1155CC;" lang="EN">Microsoft estimates</span></a><span lang="EN"> that of the 500 million apps it will create over the next five years, 450 million will be designed using low-code and no-code solutions.&nbsp;<o:p></o:p></span></p><p style="margin-bottom:10.0pt;"><span lang="EN">Originally, the development of these apps would be left to highly skilled individuals, but due to the use of low and no-code solutions, citizen developers with little to no coding experience will be able to create these apps for Microsoft.<o:p></o:p></span></p><p style="margin-bottom:10.0pt;"><a href="https://kissflow.com/low-code/low-code-stats/" target="_blank"><span style="color:#1155CC;" lang="EN">In 2023 alone</span></a><span lang="EN">, it was estimated that citizen developers would outnumber experienced developers by 4 to 1. By 2024, </span><a href="https://kissflow.com/low-code/low-code-stats/" target="_blank"><span style="color:#1155CC;" lang="EN">80% of web development services</span></a><span lang="EN"> were estimated to be built by citizen developers.</span></p><h3><span lang="EN">Summary<o:p></o:p></span></h3><p style="margin-bottom:10.0pt;"><span lang="EN">The benefits of being able to rapidly create and deploy custom business applications have led to a demand for low-code solutions and developers that can utilize them. Due to the simplicity of low-code solutions, the rise of citizen developers with little to no coding experience continues to grow.<o:p></o:p></span></p><p style="margin-bottom:10.0pt;"><span lang="EN">All in all, the future of the industry is promising and has a low barrier to entry, allowing businesses of all sizes to take advantage of the numerous automation and efficiency benefits that developers can create.<o:p></o:p></span></p>

By Samir Salibi

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The web development market was worth USD 56 billion in 2021 and is projected to grow at a CAGR (Compound Annual Growth Rate) of 8.03%, reaching USD 130,971.3 million by 2032.

That being said, the demand for web developers to create custom web applications will continue to increase over the years.

It should also be noted that the low-code development market size was projected to grow from USD 22.25 billion in 2023 to USD 28.75 billion in 2024—with a CAGR of 32% from 2024 to 2032.

Furthermore, by 2025, Gartner estimates that 70% of new applications will be developed using no-code or low-code solutions.

All that being said, the future of web development will not be solely relegated to those with high expertise in the field; instead, citizen developers using low-code platforms will have a greater footprint in the future of the industry.

Web Development Job Growth Over the Next 3 Years

According to the U.S. Bureau of Labor Statistics, web developers and designers see a significantly higher growth rate than average—with estimates suggesting that the field will grow by 16% from 2022 to 2032.

Considering that there are around 19,000 openings a year, over the next three years there will be around 57,000 new jobs for web developers and designers.

Low-Code Adoption

Gartner estimates that over 50% of medium to large enterprises will use low-code or no-code solutions for app development.

Furthermore, half of all buyers for these solutions will come from outside of IT organizations by 2025. As such, a larger number of industries such as BFSI, Education, and healthcare, will need a greater number of web developers.

The rapid adoption of low-code solutions is good news for those with little to no coding experience. It is estimated that 63.8% of web developers are self-taught, which is in large part due to low-code and no-code solutions, in an industry that was once highly technical.

The Rise of Citizen Developers

Microsoft estimates that of the 500 million apps it will create over the next five years, 450 million will be designed using low-code and no-code solutions. 

Originally, the development of these apps would be left to highly skilled individuals, but due to the use of low and no-code solutions, citizen developers with little to no coding experience will be able to create these apps for Microsoft.

In 2023 alone, it was estimated that citizen developers would outnumber experienced developers by 4 to 1. By 2024, 80% of web development services were estimated to be built by citizen developers.

Summary

The benefits of being able to rapidly create and deploy custom business applications have led to a demand for low-code solutions and developers that can utilize them. Due to the simplicity of low-code solutions, the rise of citizen developers with little to no coding experience continues to grow.

All in all, the future of the industry is promising and has a low barrier to entry, allowing businesses of all sizes to take advantage of the numerous automation and efficiency benefits that developers can create.

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