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| Products/Services Breakdown | |
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2024 U.S. Industry Statistics & Market Forecast - Custom Computer Programming Services
Market Size & Industry Statistics
The total U.S. industry market size for Custom Computer Programming Services:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2019 2020 2021 2022 2023 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Custom Computer Programming Services industry include:- Increased demand for cloud-based solutions
- Rise in remote and hybrid work environments
- Growing reliance on AI and machine learning
- Expansion of cybersecurity services
- Adoption of agile and DevOps methodologies
- Integration of IoT technology
- Focus on personalized user experiences
- Pressure for faster delivery cycles
- Shift towards sustainability in technology
- Rising importance of data analytics and big data solutions
- Continuous learning and skills development
- Heightened regulatory and compliance standards
- Growth in blockchain applications
- Emergence of AR and VR technologies
- Increasing use of open-source software
Product & Services Breakdown
Research products and services in the Custom Computer Programming Services industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
|---|---|---|---|
Industry Total |
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Temporary Staffing Services |
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Temporary Staffing - Information Technology (It) Staff |
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Application Software Publishing |
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Information Technology (It) Technical Consulting Services |
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Application Service Provisioning, With Or Without Integration Of Related Services |
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Business Process Management Services, Including Financial, Human Resources, Supply-Chain, Customer Relations, And Vertical Marke |
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Website Hosting Services, With Or Without Integration Of Related Services |
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Data Storage Services |
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Video And Audio Streaming Services |
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Custom Application Design And Development Services |
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Website Design And Development Services |
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Database Design And Development Services |
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Other Custom Application Design And Development Services |
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Customization And Integration Of Cross-Industry Application Software |
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Customization And Integration Of Vertical Market Application Software |
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Customization And Integration Of Other Packaged Software |
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Network Design And Development Services |
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Network Security Design And Development Services |
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Network Design And Development Services, Other Than Security |
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Computer Systems Design, Development, And Integration Services |
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Computer Systems Design Services |
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Computer Systems Design And Development Services |
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Computer Systems Integration Services, Including Telephony |
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It Infrastructure And Network Management Services |
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Network Management Services |
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Computer Systems Management |
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Information Technology (It) Technical Support Services |
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Software Related Technical Support Services |
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Hardware Related Technical Support Services |
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Combined Hardware And Software Technical Support Services |
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Other It Technical Support Services |
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Licensing Of Rights To Reproduce And Distribute Computer Software Protected By Copyright |
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Information Technology (It) Related Training Services |
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Engineering Services |
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Resale Of Merchandise |
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Resale Of Merchandise - Computer Hardware And Software |
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Resale Of Merchandise - Other Merchandise, Excluding Computer Hardware And Software |
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All Other Receipts |
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All Other Operating Receipts |
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U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Custom Computer Programming Services company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Custom Computer Programming Services industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Custom Computer Programming Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 14% | Order at top of page |
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| Chief Executives | 0% | |||
| General and Operations Managers | 4% | |||
| Operations Specialties Managers | 6% | |||
| Business and Financial Operations Occupations | 13% | |||
| Business Operations Specialists | 11% | |||
| Computer and Mathematical Occupations | 53% | |||
| Computer Occupations | 52% | |||
| Computer and Information Analysts | 7% | |||
| Computer Systems Analysts | 5% | |||
| Computer Support Specialists | 8% | |||
| Computer User Support Specialists | 7% | |||
| Database and Network Administrators and Architects | 6% | |||
| Software and Web Developers, Programmers, and Testers | 28% | |||
| Software Developers | 21% | |||
| Sales and Related Occupations | 7% | |||
| Office and Administrative Support Occupations | 7% | |||
Custom Computer Programming Services Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Custom Computer Programming Services industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Custom Computer Programming Services industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Custom Computer Programming Services industry. |
Innovation News
- Jun 14, 2024: Pedago Holdings raises $2 million in funding.
- Jun 13, 2024: Onform raises $3 million in funding.
- Jun 13, 2024: Nvidia patents Domain-customizable Models For Conversational Ai Systems And Applications
- Jun 13, 2024: Nvidia patents Application Programming Interface To Invalidate Information In Fifth Generation New Radio (5g-nr) Statically-sized Linked Storage
- Jun 13, 2024: Nvidia patents Application Programming Interface To Allocate Fifth Generation New Radio (5g-nr) Storage
- Jun 04, 2024: DataBlend raises $3 million in funding.
- Jan 31, 2024: Carevive Systems trademarks "CAREVIVE STAIRS" - Software as a service
- Jan 31, 2024: Trade Ideas trademarks "WORLD SERIES OF TRADING" - Computer services
- Jan 30, 2024: Netsmart Technologies trademarks "MYHEALTHPOINTE" - Downloadable mobile applications for allowing patients to connect and communicate directly with health care providers, including providing secure messaging, updating consumer and patient information, assessments and consents, scheduling patient care events like appointments and follow-ups, providing patient alerts and appointment and medication refill reminders, requesting medication refills, launching telehealth sessions, accessing personal health records and lab results, making payments, and accessing long-term health and wellness information; Downloadable software for allowing patients to connect and communicate directly with health care providers, including providing secure messaging, updating consumer and patient information, assessments and consents, scheduling patient care events like appointments and follow-ups, providing patient alerts and appointment and medication refill reminders, requesting medication refills, launching telehealth sessions, accessing personal health records and lab results, making payments, and accessing long-term health and wellness information
Recent Federal Contracts for Custom Computer Programming Services
- Apr 02, 2024: C-CORE (St. John's, NL) awarded $12,500
- Apr 02, 2024: RESOLUTION IMAGERY LLC (Brooklyn, NY) awarded $348,571
- Apr 02, 2024: CP MARINE, LLC (Juneau, AK) awarded $387,242
- Apr 02, 2024: FEDSCALE INC. (Mount Jackson, VA) awarded $1,197,594
- Apr 02, 2024: GENERAL DYNAMICS INFORMATION TECHNOLOGY, INC. (Falls Church, VA) awarded $415,678
- Apr 02, 2024: ANIKA SYSTEMS INCORPORATED (Leesburg, VA) awarded $3,996,307
