Do you know the revenue in the software market worldwide is projected to reach $703 billion in 2024? This is due to the wide adoption of digital assets, competitiveness, and enhanced business productivity.
For businesses, investing in software development is not just an option but a necessity to enhance their overall productivity and efficiency.
Therefore, finding the right software development company with a plethora of software development service providers might take much work. It’s like finding a needle in a haystack.
You need to find a reliable partner who provides advanced software solutions. The right software development company can make or break your project, so you must be selective and diligent in your search.
We have created a list of the top 20 software development companies in 2024 based on their portfolio, rating, reviews, and expertise. These companies have experience developing software for various domains and can build custom software according to your business needs.
Software Development In A Nutshell
Software development encompasses the process of designing, testing, deploying, and supporting software applications through programming languages that enable computers to execute specific functions. This service is crucial from a top software development company.
There are three types of software development approaches, and companies can utilize them according to their software development needs.
- System software
This software provides functionality to the operating system, such as disk management, hardware management, and utilities.
- Application software
We use them in our daily lives; they help us perform various tasks; some examples are office suites, media players, data management software, etc. However, they are only intended to meet the needs of end users.
- Programming software
These software are designed for programmers to develop programs that consist of a compiler, editor, debugger, interpreter, etc.
The type of software you need for your project depends on your business requirements.
Market Statistics Of Software Development
Almost five in two companies prefer to choose software development services for their projects because of flexibility, cost-effectiveness, and fast market time.
In 2024, most of the revenue generated in the software development segment will be in the United States, amounting to USD 63.40 billion.
The enterprise software development market will be USD 913 billion worldwide in 2023, and it currently dominates the market, with a volume of US$295 billion in 2024.
In addition, global revenue for enterprise application software will reach 479 billion US dollars in 2026. It will grow at a CAGR of 5%, resulting in a market volume of US$898 by 2029.
This year, software development will be the priority of investment, with 28% of all software buyers worldwide ranking it second to IT security at 32%.
If you want to leverage these benefits, invest in software development services. We have created a list of the Top 20 software development companies in 2024 that can help you achieve your business goals; take a look.
Top 20 Software Development Companies In 2024
Here’s the list of the top 20 software development companies in 2024 that cater to various businesses worldwide. These companies are experienced in building software and maximizing their ROI.
1. EmizenTech Pvt. Ltd
EmizenTech has been a leading name in software development since 2013. It is a top-notch software development company that delivers innovative solutions across the UK, USA, Middle East, and India. We follow agile methodologies to minimize risk and provide client satisfaction.
With 10+ years of experience in the industry, we cater to a wide range of services worldwide. We emphasize quality, scalability, and user experience, ensuring our products are functional and engaging.
Emizentech Core Values & Mission
We believe in authenticity, team spirit, commitment, and transparency, which are crucial for company success. Our mission is to empower businesses by providing innovative technology solutions that enhance efficiency, drive growth, and improve user experiences.
We are dedicated to quality, integrity, and client satisfaction and seek to make a positive difference in the digital landscape for businesses worldwide.
Services we provide:
- Custom software development services
- Software consulting services
- Software integration services
- Mobile app development services
- Enterprise software development services
- Software product development services
- Software POC and MVP development
- SaaS development services
- Legacy Software modernization services
| Company ratings | ⭐⭐⭐⭐⭐ |
| Project delivered | 1500+ |
| Years of experience | 10+ years |
| Team of Experts | 250+ |
| Contact details | +91-8529003977 |
| Location | India, USA, UK, UAE |
| Average hourly rate | Starts from $50 per hour |
| Clients | Kia, Buitanda, Rebellious Fashion |
2. Glorium Technologies
Glorium Technologies is a well-known software development company with 100+ deployed products. Its expertise is in collaborating with VC-based startups to help tech companies expand. With a team of experts from various industries, it offers healthcare and real estate services.
With over 20+ years of industry experience, they provide custom software development, product design, and product launch services.
| Company ratings | ⭐⭐⭐⭐⭐ |
| Project delivered | 1500+ |
| Years of experience | 10+ years |
| Client focus | SMBs |
| Location | USA, Princeton |
| Project | Starts from $25,000+ |
3. Altar.io
Another award-winning software development company helped many startups and entrepreneurs build a successful, high-quality, user-centric product.
With a track record of helping clients secure VC funding in a competitive ecosystem, they are the best choice for MVP development. They have high client satisfaction rates and deliver high-quality deliverables.
| Company ratings | ⭐⭐⭐⭐ |
| Project size | 25,000+ |
| Years of experience | 10+ years |
| Team of Experts | 10-49 |
| Founded | 2015 |
| Location | Lisboa, Portugal |
| Average hourly rate | Starts from $50- $99 per hour |
4. Brocoders
Brocoders is a renowned software development agency that provides complex enterprise-scale projects for SaaS and mid-size businesses using JavaScript as their main tech stack.
As their name implies, they believe in quality and won’t compromise with their code quality. Their expertise is in SaaS and ERP systems and internal project platforms. You can rely on them to build complex high-load B2B or B2C SaaS solutions with fast scale-up.
| Company ratings | ⭐⭐⭐⭐⭐ |
| Project | 25,000+ |
| Years of experience | 10+ years |
| Team of Experts | 59-99 |
| Location | Estonia, Tallinn |
| Average hourly rate | Starts from $30-49 per hour |
5. Codal
Best company if you want to design, develop, test, and optimize various digital solutions for clients, such as website and mobile apps, eCommerce storefronts, B2B and B2C channels.
With a passion for solving business problems with digital solutions powered by cutting-edge technology. Codal provides their clients with satisfactory results; with over 200 experts, they exceed customer satisfaction.
| Company ratings | ⭐⭐⭐⭐⭐ |
| Project | $50,000+ |
| Years of experience | 20+ years |
| Team of Experts | 100-249 |
| Location | US, Chicago |
| Average hourly rate | Starts from $100-149/hr |
6. Fingent
Fingent is an award-winning custom software development company. They deliver AI-enabled solutions and services that can solve client’s business challenges and set a competitive advantage.
With over 700+ projects delivered for clients across the US, UAE, Australia, and India, they believe in delighting their customers by keeping them ahead in the competitive landscape.
| Company ratings | ⭐⭐⭐⭐ |
| Project | $25,000+ |
| Years of experience | 20+ years |
| Team of Experts | 250-999 |
| Location | White Plains, NY |
| Average hourly rate | Starts from $25-49 per hour |
7. The Software House
The software house is a cloud development partner for tech-first companies helping CTOs, managers, and product owners who want to accelerate their software delivery.
If you want to unlock the full potential of cloud adoption and development, the Software House is the best choice. With expertise in cloud development, app modernization, and data engineering, they provide the best industry solutions.
| Company ratings | ⭐⭐⭐⭐ |
| Project | $10,000+ |
| Years of experience | 10+ years |
| Team of Experts | 50-249 |
| Location | Gliwice, Poland |
| Average hourly rate | Starts from $50-$99 per hour |
8. Tech Alchemy
Tech Alchemy is an award-winning software development agency providing its services since 2016. Based in Shoreditch, London, it has built products featured by Apple, AWS, Forbes, and many other famous companies.
Ranked the world’s best software engineering company, they develop solutions using traditional and emerging technologies with expertise in blockchain, AI, and emerging technologies to build techno-driven products.
| Company ratings | ⭐⭐⭐⭐⭐ |
| Project | 25,000+ |
| Years of experience | 7+ years |
| Team of Experts | 50-249 |
| Location | London UK, |
| Average hourly rate | Starts from $25-49 per hour |
9. Calder solutions
Calder Solutions is a top-notch digital agency that offers consultation, UI/UX design, custom software development, and technology support services.
With a diverse range of customers, their mission is to help businesses achieve goals, deliver value, and drive growth. They believe in a linear process that saves money and time.
| Company ratings | ⭐⭐⭐⭐⭐ |
| Project | 10,000+ |
| Years of experience | 10+ years |
| Team of Experts | 10-49 |
| Location | Ada, United States |
| Average hourly rate | Starts from $150-199 per hour |
11. Infinum
Leading software development company that empowers brands and funded startups to design, build, and scale software that delivers business value, empowering them to achieve their goals.
They operate from the US and Europe and build products ranging from consumer-facing mobile apps to landing pages and back-office software solutions for multiple levels of enterprises.
| Company ratings | ⭐⭐⭐⭐ |
| Project | 25,000+ |
| Years of experience | 10+ years |
| Team of Experts | 250-999 |
| Location | New York, London, UK |
| Average hourly rate | Starts from $100-149 per hour |
13. ScienceSoft
Science Soft is a top-notch software development company based in Texas. With a team of 750+ versatile IT experts and 4000 successful projects, Science Soft offers custom web, mobile, and desktop software development, SaaS, and software product development.
They also provide continuous software support, troubleshooting, and evolution. In addition, they have an in-house team of experts and compliance consultants to ensure that the software meets the regulations from HIPPA to GAAP.
| Company ratings | ⭐⭐⭐⭐⭐ |
| Project | $25,000+ |
| Years of experience | 20+ years |
| Team of Experts | 250-999 |
| Location | US, McKinney |
| Average hourly rate | Starts from $50-99 per hour |
14. Novumlogic Technologies Pvt. Ltd
The best full-service software development company specializes in various digital services, such as software development, Website development, and native app development.
They also provide marketing services and deliver tailored techno-driven solutions worldwide. Their team of experts has delivered to 100+ customers in the USA, Australia, New Zealand, and France.
| Company ratings | ⭐⭐⭐⭐⭐ |
| Project | $5,000+ |
| Years of experience | 6+ years |
| Team of Experts | 10-49 |
| Location | United States, Carteret |
| Average hourly rate | Starts from $20-$29 per hour |
15. Codebridge
Codebridge is a dynamic software development company focused on delivering high-quality digital solutions tailored to meet the unique needs of businesses across various industries.
With experience in developing custom software solutions, they ensure that each project is executed efficiently and effectively. By leveraging the latest technologies and best practices in software development, they aim to provide scalable and sustainable solutions.
| Company ratings | ⭐⭐⭐⭐⭐ |
| Project | $10,000 |
| Years of experience | 10+ years |
| Team of Experts | 50-99 |
| Location | United States, Dover |
| Average hourly rate | Starts from $30-49 per hour |
16. Webkul software
Webkul is a leading software development company founded in 2010, and since then, they have been serving in the ecommerce market. They provide software solutions and various ranges of products and plugins for platforms like magento, Shopify, and WooCommerce.
Their commitment to delivering high-quality, scalable web and mobile app software solutions makes them popular among clients worldwide. Webkul has established itself as a trusted partner for businesses looking to enhance their digital presence.
| Company ratings | ⭐⭐⭐⭐⭐ |
| Project | $5,000 |
| Years of experience | 10+ years |
| Team of Experts | 250-999 |
| Location | United States, Wilmington |
| Average hourly rate | Starts from $50-99 per hour |
17. Velvetech LLC
Velvetech LLC is an award-winning custom software development company founded in 2004 in Florida. They provide robust software solutions in the mid-sized market, providing clients with advanced solutions that give them a competitive advantage.
They have expertise in custom software development, enterprise systems integration, business process automation, and CRM implementation. With more than 10+ years of industry experience, they provide solutions for various industries, from healthcare to finance.
| Company ratings | ⭐⭐⭐⭐⭐ |
| Project | 25,000+ |
| Years of experience | 10+ years |
| Team of Experts | 50-249 |
| Location | Sunny Isles Beach, Florida |
| Average hourly rate | Starts from $50-99 per hour |
18. Saigon Technology
A leading global custom software development company was founded in 2012 in HoChiMinh and Da Nang Cities, Vietnam. It has the power of more than 400 top-tier software engineers and branches in the USA, Australia, Switzerland, and Singapore.
They aim to deliver the best and most cost-effective Agile software development off-shoring and outsourcing solutions. Saigon Technology specializes in offshore software development and provides a mature development process that offers seamless communication to clients.
| Company ratings | ⭐⭐⭐⭐ |
| Project | $10,000+ |
| Years of experience | 10+ years |
| Team of Experts | 250-999 |
| Location | Ho Chi Minh City, Vietnam |
| Average hourly rate | Starts from $25-49 per hour |
19. Cleveroad
Cleveroad is a renowned software development company that provides complex business-driven solutions powered by advanced technology. Their expertise in Navtive mobile and web development microservices, cloud solutions, AI and data science, etc.
With a team of expert IT professionals and an R&D center based in Tallinn, Estonia, they build B2B and B2C apps for various industries and business domains, including startups, telecom, media, and real estate.
| Company ratings | ⭐⭐⭐⭐⭐ |
| Project | $10,000+ |
| Years of experience | 10+ years |
| Team of Experts | 50-249 |
| Location | Ukraine, Poland |
| Average hourly rate | Starts from $49 per hour |
20. DOOR3
Door3 is a digital product development agency specializing in creating innovative software solutions for businesses across various industries. Focusing on user experience and design, they combine strategies to develop custom software solutions, websites, and digital platforms.
It aims to develop high-quality software solutions that drive business growth by utilizing advanced technologies and best practices in software development.
| Company ratings | ⭐⭐⭐⭐ |
| Project | $25,000+ |
| Years of experience | 20+ years |
| Team of Experts | 50-249 |
| Location | New York |
| Average hourly rate | Starts from $150 – 199 per hour |
Factors To Consider Before Hiring Software Development Companies In 2024
Due to market saturation, choosing the right software development partner takes a lot of work. This hiring process becomes more complex when you don’t have industry experience.
Choosing them wisely will save you from potential losses; here are some factors you need to consider before hiring them.
1. Portfolio and expertise
Prominent companies have compiled portfolios of successful projects showing a track record of bringing products to market.
While looking for software development companies, check their portfolio, which should support their expertise, and check clients’ reviews and ratings.
2. Relevant industry experience
Software development companies should have relevant industry experience and a solid understanding of your business. Look for companies that possess relevant experience building projects for your industry.
Check their experience working with clients in your industry or related field. Don’t just ask them about your requirements; take their suggestions for your projects.
3. Tech stack
This is the most critical factor for choosing the right development partner, influenced by the tech stack they use. These factors consist of programming languages, frameworks, and tools used in the development process.
For example, suppose you are looking for backend development. In that case, your partner should be an expert in programming languages such as Python and Java. Your agency must know the latest tools and tech stack for project requirements.
4. Company size and structure
The size and structure of a software company are critical factors when hiring a software development company due to their impact on resource availability, flexibility, and expertise.
Larger companies typically have more resources, offering a broader range of specialized skills and extensive experience across various industries. On the other hand, small companies can provide more attention to your project. Choosing between both of them depends on your project requirements.
5. Transparent communication
If the software development partner does not communicate effectively with you, they are not worth hiring. Communication is the key to successful software development.
Here, communication means regular updates and transparent documentation of the project. Ensure they effectively communicate while discussing the project requirements. Their response style will give a clear idea about how they facilitate communication.
6. Development methodology
Agile is currently the most popular software development methodology. It has many advantages, such as regular feedback loops and increased flexibility.
Ensure they use waterfall and agile methodologies for projects and are experienced and knowledgeable.
7. Location support and security measures
Location support and security measures are crucial when hiring a software development company. A company’s location can influence communication, collaboration, and project management. Strong security measures are essential to protecting sensitive data throughout the development process.
Therefore, companies should look for firms that implement strong security measures, such as data encryption, secure coding practices, and compliance with industry standards.
How Much Does Software Development Cost?
Investing in software development is the best choice whether you want to improve your business productivity or maximize resource utilization. Business owners often need clarification about cost because it is the crucial factor that ensures the success of a project.
Software development costs between $10,000 and $3,00,000, depending on the software’s complexity, the developer’s location, and the timeline.
However, there is no fixed cost because costs fluctuate with the slightest changes in the development process.
If you want accurate costs, consult with an experienced software development company. Choose any from the given list and get a detailed quote according to your business requirements.
Conclusion
Your software’s efficiency depends on your software development partner; it doesn’t matter whether you are building a complex system from scratch or updating your existing software.
We have researched and created a list of the top 20 software development companies in 2024 with expertise in software development. You can choose them according to your business requirements. Before hiring software developers, check the factors mentioned in the blog, and you will be good to go.
Frequently Asked Questions
Hiring a software development company for your project is essential as they can provide you with expertise, experience, and resources. These companies provide access to specialized skills across various domains, including design, coding, and project management. This allows you to focus on your core business objectives while experts manage the technical aspects of your project.
Software development companies typically cater to a diverse range of industries, each with unique needs, including healthcare, finance, retail, trading, and e-commerce.
To choose the right software development company for your project, you must check their portfolio, ensure their industry experience, and check clients’ reviews and ratings. This will give you an idea about their expertise and successful projects.
Outsourcing software development can be a strategic decision, offering several advantages. It often leads to cost efficiency, which can be more economical than maintaining an in-house development team. Outsourcing provides access to a global talent pool, enabling you to tap into specialized skills that may not be available locally. Therefore, conducting thorough research and establishing clear contracts are crucial to ensure a successful outsourcing experience.
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