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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.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2019        2020        2021        2022        2023
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



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 (%)
Source: AnythingResearch Economic Analysis

Industry Insights

Major trends affect the Custom Computer Programming Services industry include:
  1. Increased demand for cloud-based solutions
  2. Rise in remote and hybrid work environments
  3. Growing reliance on AI and machine learning
  4. Expansion of cybersecurity services
  5. Adoption of agile and DevOps methodologies
  6. Integration of IoT technology
  7. Focus on personalized user experiences
  8. Pressure for faster delivery cycles
  9. Shift towards sustainability in technology
  10. Rising importance of data analytics and big data solutions
  11. Continuous learning and skills development
  12. Heightened regulatory and compliance standards
  13. Growth in blockchain applications
  14. Emergence of AR and VR technologies
  15. 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 DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Temporary Staffing Services

Temporary Staffing - Information Technology (It) Staff

Application Software Publishing

Information Technology (It) Technical Consulting Services

Application Service Provisioning, With Or Without Integration Of Related Services

Business Process Management Services, Including Financial, Human Resources, Supply-Chain, Customer Relations, And Vertical Marke

Website Hosting Services, With Or Without Integration Of Related Services

Data Storage Services

Video And Audio Streaming Services

Custom Application Design And Development Services

Website Design And Development Services

Database Design And Development Services

Other Custom Application Design And Development Services

Customization And Integration Of Cross-Industry Application Software

Customization And Integration Of Vertical Market Application Software

Customization And Integration Of Other Packaged Software

Network Design And Development Services

Network Security Design And Development Services

Network Design And Development Services, Other Than Security

Computer Systems Design, Development, And Integration Services

Computer Systems Design Services

Computer Systems Design And Development Services

Computer Systems Integration Services, Including Telephony

It Infrastructure And Network Management Services

Network Management Services

Computer Systems Management

Information Technology (It) Technical Support Services

Software Related Technical Support Services

Hardware Related Technical Support Services

Combined Hardware And Software Technical Support Services

Other It Technical Support Services

Licensing Of Rights To Reproduce And Distribute Computer Software Protected By Copyright

Information Technology (It) Related Training Services

Engineering Services

Resale Of Merchandise

Resale Of Merchandise - Computer Hardware And Software

Resale Of Merchandise - Other Merchandise, Excluding Computer Hardware And Software

All Other Receipts

All Other Operating Receipts



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.

U.S. map by state

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)
Total Revenue

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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
 
Source: AnythingResearch Analysis of U.S. federal statistics




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 RatiosIndustry 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.
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).
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.


Liquidity RatiosIndustry 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.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry 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.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
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.



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.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 14%

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Chief Executives0%
General and Operations Managers4%
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%
Source: Bureau of Labor Statistics


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.
Source:
IncFact




Innovation News



Recent Federal Contracts for Custom Computer Programming Services

  • Apr 02, 2024: KADSCI, LLC (Fairfax, VA) awarded $217,121
  • Apr 02, 2024: DIGITAL FOUNDATION COMPUTER CONSULTING SERVICES CORP., INC. (Alexandria, VA) awarded $79,646
  • Apr 02, 2024: APPLIED ENGINEERING MANAGEMENT CORPORATION (Herndon, VA) awarded $1,576,455
  • Apr 02, 2024: KIKODA, LLC (Tallahassee, FL) awarded $235,000
  • Apr 02, 2024: COURSEAVENUE, LLC (Wheaton, IL) awarded $39,336
  • Apr 02, 2024: TCG, INC. (Washington, DC) awarded $547,382




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