Currently, there are 1.9 billion active websites with 4.6 Google searches per day and more than 5.4 billion unique Internet users. To date, the market size of the Web Design Services industry is equal to $11 billion, with the total number of web developers and designers in the US expected to increase to 205,000 in 2030 from 178,900 in 2020.
The revenue in the application development software industry is expected to reach $149.7 billion in 2022 and grow to $218.80 billion by 2027 at a CAGR of 7.89%. The top 5 countries expected to generate the most revenues over the 2022-2027 period include: