Static Code Analysis Software Market Size, Share, Growth, and Industry Growth by Type (Cloud Based and Web Based) By Application (Large Enterprises and SMEs) Regional Forecast By 2031

Updated On: 01 April 2024

Static Code Analysis Software Market Report Overview

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The global static code analysis software market size was USD 861 million expanded rapidly in 2021 and is projected to touch  USD 1,325.84 million in 2031, exhibiting a CAGR of 15.1% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the multi-access laser micromachining market experiencing higher-than-anticipated/lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Static code analysis software is a method of debugging that involves looking at the source code before a program is run. It is carried out by comparing a set of code to one or more sets of coding rules. This study is done to make sure the software will run effectively and according to plan. The main players in this sector are attempting to make this software more useful. The market for static code analysis tools is expected to grow rapidly soon.

COVID-19 Impact: On the Static Code Analysis Software Market to Hinder the Market Growth

Due to lockdowns, travel restrictions, and business closures, the COVID-19 has had an impact on the businesses and industries of numerous nations. Numerous small and major businesses have closed as a result of the economic crisis, and no new businesses are being founded. Due to a lack of fresh software development, this is impeding the static code analysis software market expansion. However, some software development is seen in the healthcare industry to keep track of patients, medications, and immunizations.

LATEST TRENDS

"Cloud-based Solutions in Technology to Accelerate Market Growth "

The market is expanding as a result of businesses using cloud-based solutions to manage website traffic. The advantages of cloud-based solutions, such as their simplicity of use, scalability, and affordability, attract businesses to adopt them. The solutions are typically offered as software as a service, requiring a monthly subscription fee from the businesses to access the services. Major players in the market are implementing these services to provide customers with positive experiences free from restrictions, which is fueling the market's expansion.

Static Code Analysis Software Market Segmentation

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• By Type Analysis

By type, static code analysis software market is segmented into cloud based and web based.

The cloud-based segment will dominate the market in the coming years.

• By Application Analysis

Based on applications, the market is classified into Large Enterprises and SMEs.  

The large enterprises will lead the global share through 2031.

DRIVING FACTORS

"Using AutoML and No-Code Al, Machine Learning is Expanded to Propel the Market Growth"

Machine learning (ML) has gained attention as a disruptive technology with an impact on many industries. Predictive analytics, chatbots and virtual assistants, fraud detection software, self-driving cars, and personalized recommendations and advertisements are a few examples of practical machine learning in use. The development of the machine learning pipeline is simplified and made more apparent using autoML tools. Al models are automatically created by no-code Al software development platforms and used to solve real-world problems. They don't require coding for the program, offer a user-friendly interface, and drag-and-drop capabilities. Non-technical consumers and SMBs are now able to create machine learning applications.

"Software development is accelerated by Low-Code/No-Code (LCNC) to Boost the Market"

With a new method of developing software solutions known as low-code/no-code (LCNC) development, software engineering is going in the direction of simplification. Through graphical user interfaces and settings, LCNC systems make it possible for almost anyone to create software without using traditional coding. Such programming environments have a lot of potential since they enable individuals with little or no prior knowledge of software development to turn their concepts into digital solutions. While many developers are wary of the low-code development technique, it has several advantages, including a reduction in manual effort, time, and money savings for developing software solutions, and a lower barrier to entry. By enabling users to design, deploy, and manage various components of software solutions, low-code and no-code choices can be used to supplement software development pipelines.

RESTRAINING FACTORS

"Cloud Solutions Concerns About Data Privacy and Information Security are Preventing Growth"

Users use cloud services to store confidential information about their professional and personal affairs on cloud-based platforms. The development of cloud computing, however, is expected to be hampered by worries about data security and privacy related to data loss, breaches, unexpected emergencies, application vulnerabilities, and internet cyber-attacks. While cloud services help organizations lower expenses and boost productivity, the data stored there is susceptible to cyberattack.

Additionally, the need to satisfy regulatory and compliance standards is always growing as a result of shifting business needs. Organizations must also try to stay in the market by taking action to comply with regulatory standards. Thus, it is anticipated that the reasons will restrain the growth of the cloud computing market.

Static Code Analysis Software Market Regional Insights

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"Asia Pacific to Hold the Largest Global E-Commerce Websites Sector "

Due to the rising adoption of smart devices and the internet of things in the region, the Asia-Pacific region is anticipated to have considerable static code analysis software market growth throughout the anticipated period. The region's residents prefer to use e-commerce websites to buy necessities, which adds to the strain on these sites. The market expansion in the region is being driven by firms using software to handle the rising load. However, the Asia-Pacific region is anticipated to increase significantly static code analysis software market share throughout the projected period due to developing economies.

KEY INDUSTRY PLAYERS

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead in the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolio.

List of Market Players Profiled

• JetBrains (U.S.) 
• Synopsys (U.S.)
• Perforce (Klocwork) (U.S.)
• Micro Focus (U.K.)
• SonarSource (Switzerland)
• Checkmarx (U.S.)
• Veracode (U.S.)
• CAST Software (U.S.)
• Parasoft (U.S.)
• WhiteHat Security (U.S.)
• GrammaTech (U.S.)
• Idera (Kiuwan) (U.S.)
• Embold (Germany)
• RIPS Technologies (Germany)

REPORT COVERAGE

The market research study examines the worldwide market in detail, focusing on important elements such as leading players, product/services, or type, and leading end-use applications. Aside from that, the research analyses major advancements and provides insights into lighting market trends. In addition to the causes indicated above, the paper includes several other factors that have contributed to recent growth.