The growing competition in the software industry is compelling developers to look for collaborative and integrated environments to build applications effectively and quickly. The software development process can be automated using IDE tools. This reduces the time required to write code, test, and run applications, thus, making the deployment process much faster compared to the conventional process. Moreover, the growing adoption of cloud services is pushing software developers to utilise cloud-based IDE. The cloud-based solutions provide enhanced flexibility to the users, further making implementation of IDE much easier and cost-effective.
Some of the major players in the industry include Oracle Corporation (NYSE: ORCL) and IBM Corp (NYSE: IBM). Oracle's NetBeans IDE is a free and open-source integrated development environment, which simplifies the development of web, desktop, enterprise, and mobile applications that utilise the Java and HTML5 platforms. The rapid technological advancements and growing mergers and acquisitions by the key players are further contributing to the industry growth. In July 2019, IBM Corp completed the acquisition of Red Hat for USD 34 billion, allowing both the companies to scale their capacities and meet the growing need for hybrid cloud solutions. Together, IBM and Red Hat are determined to create a next-generation hybrid multicloud platform. This is expected to create new opportunities in the industry over the forecast period.
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The major players in the global integrated development environment software market are ORACLE Corp, JetBrains s.r.o., Red Hat Inc., SAP SE, Adobe Systems, IBM Corp., and Microsoft Corp, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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