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AI Code Tools Market by Offering (Tools (Technology (ML, NLP, Generative AI), Deployment Mode) and Services), Application (Data Science & Machine Learning, Cloud Services & DevOps, Web Development), Vertical and Region - Global Forecast to 2028

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    Report

  • 333 Pages
  • October 2023
  • Region: Global
  • Markets and Markets
  • ID: 5897122
Description Jump to:

The global AI code tools market is valued at USD 4.3 billion in 2023 and is estimated to reach USD 12.6 billion by 2028, registering a CAGR of 24.0% during the forecast period. The driving factor behind the rapid adoption and advancement of AI code tools, particularly generative AI coding tools, lies in the transformative impact they have on software development. These tools are ushering in a new era of AI-assisted engineering workflows, enabling developers to code more efficiently and productively. With the emergence of generative AI coding tools, developers receive code suggestions and even entire functions by simply using natural language prompts or working with existing code. These innovations are quickly altering the coding landscape.

The tools segment is projected to hold the largest market size during the forecast period

AI code tools, often referred to as AI code generators, have revolutionized software development by incorporating artificial intelligence and machine learning into the coding process. These tools are designed to assist developers in writing, optimizing, and managing code efficiently. They offer a wide range of functionalities, from code autocompletion and suggestions to automated testing, code review, and even code generation. AI code tools have significantly increased developers' productivity, enabling them to work faster and more effectively. These tools hold the potential to transform the future of software development by making it more accessible, efficient, and error-free.

By Technology, Machine Learning Segment is registered to grow at the highest CAGR during the forecast period

AI code tools, specifically within the domain of machine learning, encompass a dynamic set of technologies, including deep learning, recurrent neural networks (RNNs), and long short-term memory (LSTM) networks. Deep learning techniques delve into the intricate layers of neural networks to extract complex patterns, making them ideal for tasks like image recognition and natural language processing. RNNs and LSTMs, on the other hand, excel in sequential data analysis, allowing for tasks such as time series forecasting and language modeling. These AI code tools in the realm of machine learning form the backbone of intelligent systems, enabling data-driven decision-making and the development of applications that can understand, learn from, and respond to intricate real-world data.

Asia Pacific is projected to witness the highest CAGR during the forecast period.

The Asia-Pacific region stands as a dynamic powerhouse of economic strength and technological advancement, poised to contribute a substantial 70% of global growth in 2023, surpassing other regions. As the region holds more than 50% of the world's population, any technological shifts like those being heralded by AI are expected to shape the future of the region. Many Asian countries such as China, India, Japan, and others are leveraging information-intensive AI technologies, with conversational AI being one of the leading technology trends. Countries like China, Japan, South Korea, India, and Singapore are heavily investing in artificial intelligence (AI), positioning the APAC region as the world's fastest-growing AI market. This emphasis on AI offers vast growth potential and innovation opportunities for software companies.

Breakdown of primaries

In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the AI code tools market.

  • By Company: Tier I: 35%, Tier II: 45%, and Tier III: 20%
  • By Designation: C-Level Executives: 35%, Directors: 25%, and Others: 40%
  • By Region: North America: 45%, Asia Pacific: 30%, Europe: 20%, RoW: 5%

Major vendors offering AI code tools and services across the globe are IBM (US), Microsoft (US), Google (US), AWS (US), Salesforce (US), Meta (US), OpenAI (US), , Tabnine (Israel), Replit (US), Sourcegraph (US), Moolya (India), Snyk (US), CircleCI (US), JetBrains (Czech Republic), AdaCore (France), WingWare (US), Datadog (US), Lightning AI (US), Kodezi (US), Sourcery.AI (England), CodeWP (US), SinCode AB (Sweden), SQLAI.ai (Germany), Seek AI (US), Enzyme (US), Assistiv.ai (Germany), CodiumAI (Israel), MutableAI (US), Judini (US), and Safurai (Italy).

Research Coverage

The market study covers AI code tools across segments. It aims at estimating the market size and the growth potential across different segments, such as offering, application, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report

The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market for AI code tools and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Rapid advancements in generative AI is revolutionizing software development, Increased efficiency and productivity with AI code tools, Need to assist developers in tackling complex coding tasks, Transformative shift in the roles of software developers), restraints (Presence of inaccuracies and limitations in AI-generated code poses a significant restraint and Overreliance on AI code tools to hinder the problem-solving abilities), opportunities (Evolution of Application Development with AI-Powered Virtual Developers, Unlocking Innovation through Augmented Software Development (ASD), Emergence of Prompt Engineering in Software Industry), and challenges (Legal and Ethical Complexities in AI Code Tools, Security challenges faced in AI coding tools, Concerns for biasness in the code generated) influencing the growth of the AI code tools market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the AI code tools market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the AI code tools market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in AI code tools market strategies; the report also helps stakeholders understand the pulse of the AI code tools market and provides them with information on key market drivers, restraints, challenges, and opportunities.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players such as IBM (US), Microsoft (US), Google (US), AWS (US), Salesforce (US), Meta (US), OpenAI (US) among others in the AI code tools market.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions and Exclusions
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.3.3 Years Considered
1.4 Currency Considered
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
Figure 1 AI Code Tools Market: Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
Table 1 Primary Interviews
2.1.2.1 Breakup of Primary Profiles
2.1.2.2 Key Industry Insights
2.2 Data Triangulation
Figure 2 Data Triangulation
2.3 Market Size Estimation
Figure 3 AI Code Tools Market: Top-Down and Bottom-Up Approaches
2.3.1 Top-Down Approach
2.3.2 Bottom-Up Approach
Figure 4 Market Size Estimation Methodology - Approach 1 (Supply-Side): Flowchart Using Revenue from AI Code Tools/Services
Figure 5 Market Size Estimation Methodology - Approach 2, Bottom-Up (Supply-Side): Collective Revenue from All AI Code Tools / Service Companies
Figure 6 Market Size Estimation Methodology - Approach 3, Bottom-Up (Supply-Side): Revenues of Top Players and Sources of Data
Figure 7 Market Size Estimation Methodology - Approach 4, Bottom-Up (Demand-Side): Overall AI Code Tools Spending
2.4 Market Forecast
Table 2 Factor Analysis
2.5 Research Assumptions
2.6 Limitations
2.7 Implications of Recession on AI Code Tools Market
Table 3 Impact of Recession on Global AI Code Tools Market

3 Executive Summary
Table 4 AI Code Tools Market Size and Growth Rate, 2017-2022 (USD Million, Y-O-Y)
Table 5 AI Code Tools Market Size and Growth Rate, 2023-2028 (USD Million, Y-O-Y)
Figure 8 Tools Segment to Account for Larger Share in 2023
Figure 9 Machine Learning Technology to Account for Largest Market Share in 2023
Figure 10 Cloud Deployment to Account for Larger Share in 2023
Figure 11 Professional Services to Account for Larger Market Size in 2023
Figure 12 Consulting Services to Account for Largest Share in 2023
Figure 13 Data Science & Machine Learning to Account for Largest Application in 2023
Figure 14 Bfsi Vertical to Account for Largest Market Share in 2023
Figure 15 Asia-Pacific to Grow at Highest CAGR in AI Code Tools Market

4 Premium Insights
4.1 Attractive Opportunities in the AI Code Tools Market
Figure 16 Increasing Demand for Automation and Efficiency in Software Development to Propel Adoption of AI Code Tools
4.2 AI Code Tools Market: Top Three Applications
Figure 17 Data Science & Machine Learning Application Expected to Hold Largest Market During Forecast Period
4.3 AI Code Tools Market, by Offering & Vertical
Figure 18 Tools and Bfsi Vertical to Account for Largest Shares in 2023
4.4 AI Code Tools Market, by Region
Figure 19 North America to Account for Largest Share in 2023

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
Figure 20 Market Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Rapid Advancements in Generative AI Revolutionizing Software Development
5.2.1.2 Increased Efficiency and Productivity with AI Code Tools
5.2.1.3 Need to Assist Developers in Tackling Complex Coding Tasks
5.2.1.4 Transformative Shift in Roles of Software Developers
5.2.2 Restraints
5.2.2.1 Presence of Inaccuracies and Limitations in AI-Generated Codes
5.2.2.2 Overreliance on AI Code Tools Hinder Problem-Solving Abilities
5.2.3 Opportunities
5.2.3.1 Evolution of Application Development with AI-Powered Virtual Developers
5.2.3.2 Unlocking Innovation Through Augmented Software Development (ASD)
5.2.3.3 Emergence of Prompt Engineering in the Software Industry
5.2.4 Challenges
5.2.4.1 Legal and Ethical Complexities in AI Code Tools
5.2.4.2 Security Challenges Faced in AI Coding Tools
5.2.4.3 Concerns for Biases in Generated Code
5.3 Industry Trends
5.3.1 AI Code Tools: Architecture
Figure 21 AI Code Tools Architecture
5.3.2 AI Code Tools: Evolution
Figure 22 AI Code Tools Market Evolution
5.3.3 Value Chain Analysis
Figure 23 AI Code Tools Market: Value Chain Analysis
5.3.4 Ecosystem Analysis
Figure 24 AI Code Tools Market Ecosystem
Table 6 AI Code Tools Market: AI Code Tool Providers
Table 7 AI Code Tools Market: Service Providers
Table 8 AI Code Tools Market: Integrators
Table 9 AI Code Tools Market: End-users
Table 10 AI Code Tools Market: Regulatory Bodies
5.3.5 Pricing Analysis
5.3.5.1 Selling Prices of Key Players, by Application
Figure 25 Selling Prices of Key Players for Top Three Applications
Table 11 Selling Prices of Key Players for Top Three Applications (USD)
5.3.5.2 Indicative Pricing Analysis of AI Code Tools
Table 12 AI Code Tools: Pricing Levels
5.3.6 Porter's Five Forces Analysis
Figure 26 Porter's Five Forces Analysis
Table 13 AI Code Tools Market: Porter's Five Forces Analysis
5.3.6.1 Threat of New Entrants
5.3.6.2 Threat of Substitutes
5.3.6.3 Bargaining Power of Suppliers
5.3.6.4 Bargaining Power of Buyers
5.3.6.5 Intensity of Competitive Rivalry
5.3.7 Trends/Disruptions Impacting Buyers/Clients of AI Code Tools Market
Figure 27 AI Code Tools Market: Trends/Disruptions Impacting Buyers/Clients
5.3.8 Technology Analysis
Figure 28 AI Code Tools Market: Technology Analysis
5.3.8.1 Key Technologies
5.3.8.1.1 Machine Learning
5.3.8.1.2 Natural Language Processing
5.3.8.1.3 Generative AI
5.3.8.1.4 Containerization and Microservices
5.3.8.2 Adjacent Technologies
5.3.8.2.1 Big Data
5.3.8.2.2 Predictive Analytics
5.3.8.2.3 Cloud Computing
5.3.8.2.4 Cybersecurity
5.3.8.2.5 Graph Databases
5.3.9 Case Study Analysis
5.3.10 IT & Ites
5.3.10.1 Case Study 1: AI-Powered Coding Assistant, Tabnine, Increased Productivity at Ci&T
5.3.10.2 Case Study 2: Nutanix Addressed Log4J Vulnerability Using Sourcegraph
5.3.11 Banking, Financial Services, and Insurance
5.3.11.1 Case Study 3: Neo Financial Transformed Developer Productivity and Codebase Management with Sourcegraph
5.3.11.2 Case Study 4: Paypay Achieved Scalability and Reliability with Circleci for Ci/Cd Solutions
5.3.12 Healthcare & Life Sciences
5.3.12.1 Case Study 5: Baracoda Accelerated Health-Related IoT Products with Circleci
5.3.12.2 Case Study 6: Healthlabs.Com Achieved Enhanced Developer Productivity and Well-Being with Circleci
5.3.13 Retail & Ecommerce
5.3.13.1 Case Study 7: Circleci Helped Bolt Optimize and Streamline Its Build Pipelines
5.3.13.2 Case Study 8: Circleci Helped Brikl Meet Customer Demands, Maintain Competitive Edge, and Drive Future Growth
5.3.14 Transportation & Logistics
5.3.14.1 Case Study 9: Lyft Achieved Successful Transition from Monolithic PHP Application to Microservices Architecture with Sourcegraph
5.3.15 Education
5.3.15.1 Case Study 10: Magic School Revolutionized Education by Seamlessly Integrating AI into the Daily Workflow of Teachers
5.3.16 Patent Analysis
5.3.16.1 Methodology
5.3.16.2 Document Type
Table 14 Patents Filed, 2013-2023
5.3.16.3 Innovation and Patent Applications
Figure 29 Total Number of Patents Granted, 2013-2023
5.3.16.3.1 Top Applicants
Figure 30 Top Ten Companies with Highest Number of Patent Applications, 2013-2023
Table 15 Top 20 Patent Owners, 2013-2023
Table 16 List of Patents in AI Code Tools Market, 2021-2023
5.3.17 Key Conferences & Events, 2023-2024
Table 17 Detailed List of Conferences & Events, 2023-2024
5.3.18 Tariffs and Regulatory Landscape
5.3.18.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 18 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 19 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 20 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 21 RoW: List of Regulatory Bodies, Government Agencies, and Other Organizations
5.3.18.2 North America
5.3.18.2.1 US
5.3.18.2.2 Canada
5.3.18.3 Europe
5.3.18.4 Asia-Pacific
5.3.18.4.1 South Korea
5.3.18.4.2 China
5.3.18.4.3 India
5.3.18.5 Middle East & Africa
5.3.18.5.1 UAE
5.3.18.5.2 Ksa
5.3.18.5.3 Bahrain
5.3.18.6 Latin America
5.3.18.6.1 Brazil
5.3.18.6.2 Mexico
5.3.19 Key Stakeholders and Buying Criteria
5.3.19.1 Key Stakeholders in the Buying Process
Figure 31 Influence of Stakeholders in the Buying Process for Top Three Verticals
Table 22 Influence of Stakeholders on the Buying Process for Top Three Verticals
5.3.19.2 Buying Criteria
Figure 32 Key Buying Criteria for Top Three Verticals
Table 23 Key Buying Criteria for Top Three Applications
5.3.20 Best Practices in the AI Code Tools Market
5.3.21 Technology Roadmap of AI Code Tools Market
Table 24 Short-Term Roadmap, 2023-2025
Table 25 Mid-Term Roadmap, 2026-2028
Table 26 Long-Term Roadmap, 2029-2030
5.3.22 Business Models of AI Code Tools Market
5.3.22.1 Subscription-based Services
5.3.22.2 Pay-Per-Use or Pay-Per-Query
5.3.22.3 Enterprise Licensing and Customization
5.3.22.4 Open Source with Premium Features
5.3.22.5 API and Platform as a Service (PaaS)
5.3.23 Key Functionalities of AI Code Tools
5.3.23.1 Code Autocompletion and Suggestions
5.3.23.2 Code Optimization and Refactoring
5.3.23.3 Code Generation
5.3.23.4 Automated Testing and Test Generation
5.3.23.5 Code Review and Quality Analysis
5.3.23.6 Code Analytics
5.3.23.7 Bug Detection and Prevention
5.3.23.8 Version Control
5.3.23.9 Documentation Generation

6 AI Code Tools Market, by Offering
6.1 Introduction
6.1.1 Offering: AI Code Tools Market Drivers
Figure 33 Services Segment to Witness Higher CAGR During Forecast Period
Table 27 AI Code Tools Market, by Offering, 2017-2022 (USD Million)
Table 28 AI Code Tools Market, by Offering, 2023-2028 (USD Million)
6.2 Tools
6.2.1 AI Code Tools to Empower Developers Create Predictive Models and Data-Driven Applications
Table 29 Tools: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 30 Tools: AI Code Tools Market, by Region, 2023-2028 (USD Million)
6.2.2 Deployment Mode
6.2.2.1 Cloud Deployment Mode to Offer Scalability, Easy Availability, and Reduced Expenditure
Figure 34 Cloud Segment to Witness Higher CAGR During Forecast Period
Table 31 AI Code Tools Market, by Deployment Mode, 2017-2022 (USD Million)
Table 32 AI Code Tools Market, by Deployment Mode, 2023-2028 (USD Million)
6.2.2.2 Cloud
6.2.2.2.1 Cloud Solutions to Facilitate Development of AI Applications That Can Adapt to Changing Workloads and Data Demands
Table 33 Cloud: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 34 Cloud: AI Code Tools Market, by Region, 2023-2028 (USD Million)
6.2.2.3 On-Premises
6.2.2.3.1 On-Premises AI Code Tools to Provide High Level of Security and Compliance Adherence
Table 35 On-Premises: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 36 On-Premises: AI Code Tools Market, by Region, 2023-2028 (USD Million)
6.3 Services
6.3.1 Services to Sustain Performance of AI Systems, Minimize Downtime, and Resolve Issues Promptly
Figure 35 Professional Services Segment to Hold Largest Market During Forecast Period
Table 37 AI Code Tools Market, by Service, 2017-2022 (USD Million)
Table 38 AI Code Tools Market, by Service, 2023-2028 (USD Million)
6.3.2 Professional Services
6.3.2.1 Professional Services to Drive Innovation, Automation, and Data-Driven Decision-Making Across Diverse Industries
Figure 36 Support & Maintenance Segment to Witness Highest CAGR During Forecast Period
Table 39 Professional Services: AI Code Tools Market, by Type, 2017-2022 (USD Million)
Table 40 Professional Services: AI Code Tools Market, by Type, 2023-2028 (USD Million)
Table 41 Professional Services: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 42 Professional Services: AI Code Tools Market, by Region, 2023-2028 (USD Million)
6.3.2.2 Consulting
Table 43 Consulting: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 44 Consulting: AI Code Tools Market, by Region, 2023-2028 (USD Million)
6.3.2.3 Training
Table 45 Training: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 46 Training: AI Code Tools Market, by Region, 2023-2028 (USD Million)
6.3.2.4 System Integration & Implementation
Table 47 System Integration & Implementation: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 48 System Integration & Implementation: AI Code Tools Market, by Region, 2023-2028 (USD Million)
6.3.2.5 Support & Maintenance
Table 49 Support & Maintenance: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 50 Support & Maintenance: AI Code Tools Market, by Region, 2023-2028 (USD Million)
6.3.3 Managed Services
6.3.3.1 Managed Services to Offer Comprehensive Approach to AI Implementation
Table 51 Managed Services: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 52 Managed Services: AI Code Tools Market, by Region, 2023-2028 (USD Million)

7 AI Code Tools Market, by Technology
7.1 Introduction
7.1.1 Technology: AI Code Tools Market Drivers
Figure 37 Machine Learning Segment to Hold Largest Market During Forecast Period
Table 53 Tools: AI Code Tools Market, by Technology, 2017-2022 (USD Million)
Table 54 Tools: AI Code Tools Market, by Technology, 2023-2028 (USD Million)
7.2 Machine Learning
7.2.1 Machine Learning Techniques to Enable Data-Driven Decision-Making
Table 55 Machine Learning: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 56 Machine Learning: AI Code Tools Market, by Region, 2023-2028 (USD Million)
7.2.2 Deep Learning
7.2.2.1 Recurrent Neural Networks
7.2.2.2 Long Short-Term Memory (Lstm)
7.3 Natural Language Processing
7.3.1 Nlp-based AI Code Tools to Transform Customer Service, Content Generation, and Information Retrieval
Table 57 Natural Language Processing: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 58 Natural Language Processing: AI Code Tools Market, by Region, 2023-2028 (USD Million)
7.3.2 Natural Language Understanding (Nlu)
7.3.3 Natural Language Interface for Code
7.4 Generative AI
7.4.1 Generative AI to Automate Repetitive Coding Tasks and Increase Productivity
Table 59 Generative AI: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 60 Generative AI: AI Code Tools Market, by Region, 2023-2028 (USD Million)
7.4.2 Large Language Models (Llms)
7.4.3 Code Generation Models

8 AI Code Tools Market, by Application
8.1 Introduction
Figure 38 Data Science & Machine Learning Application to Hold Largest Market During Forecast Period
Table 61 AI Code Tools Market, by Application, 2017-2022 (USD Million)
Table 62 AI Code Tools Market, by Application, 2023-2028 (USD Million)
8.2 Data Science & Machine Learning
8.2.1 AI Code Tools to Automate Data Cleaning and Data Transformation Tasks, Saving Time and Reducing Risk of Human Errors
Table 63 Data Science & Machine Learning: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 64 Data Science & Machine Learning: AI Code Tools Market, by Region, 2023-2028 (USD Million)
8.3 Cloud Services & DevOps
8.3.1 AI Code Tools to Automate and Streamline DevOps Processes
Table 65 Cloud Services & DevOps: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 66 Cloud Services & DevOps: AI Code Tools Market, by Region, 2023-2028 (USD Million)
8.4 Web Development
8.4.1 AI Code Tools to Enhance Efficiency, Speed, and Quality of Web Development Projects
Table 67 Web Development: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 68 Web Development: AI Code Tools Market, by Region, 2023-2028 (USD Million)
8.5 Mobile App Development
8.5.1 AI Algorithms to Assist in Enhanced User Experiences, Personalized Recommendations, Voice Recognition, and Predictive Analytics
Table 69 Mobile App Development: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 70 Mobile App Development: AI Code Tools Market, by Region, 2023-2028 (USD Million)
8.6 Gaming Development
8.6.1 AI Code Tools to Create Immersive and Engaging Gaming Experiences
Table 71 Game Development: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 72 Game Development: AI Code Tools Market, by Region, 2023-2028 (USD Million)
8.7 Embedded Systems
8.7.1 AI-Driven Code Generation to Transform Field of Embedded System Development
Table 73 Embedded Systems: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 74 Embedded Systems: AI Code Tools Market, by Region, 2023-2028 (USD Million)
8.8 Other Applications
Table 75 Other Applications: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 76 Other Applications: AI Code Tools Market, by Region, 2023-2028 (USD Million)

9 AI Code Tools Market, by Vertical
9.1 Introduction
9.1.1 Vertical: AI Code Tools Market Drivers
Table 77 Major Use Cases, by Vertical
Figure 39 Healthcare & Life Sciences Vertical to Register Highest CAGR During Forecast Period
Table 78 AI Code Tools Market, by Vertical, 2017-2022 (USD Million)
Table 79 AI Code Tools Market, by Vertical, 2023-2028 (USD Million)
9.2 Bfsi
9.2.1 Automation of Document Processing and Analysis to Ensure Efficiency and Agility
Table 80 Bfsi: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 81 Bfsi: AI Code Tools Market, by Region, 2023-2028 (USD Million)
9.3 IT & Ites
9.3.1 AI Code Tools to Reduce Human Errors and Accelerate Project Timelines
Table 82 IT & Ites: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 83 IT & Ites: AI Code Tools Market, by Region, 2023-2028 (USD Million)
9.4 Healthcare & Life Sciences
9.4.1 AI Code Tools to Revolutionize Drug Discovery and Development of Personalized Medicine
Table 84 Healthcare & Life Sciences: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 85 Healthcare & Life Sciences: AI Code Tools Market, by Region, 2023-2028 (USD Million)
9.5 Manufacturing
9.5.1 Integration of AI Code Tools to Optimize Production Processes, Reduce Costs, and Enhance Product Quality
Table 86 Manufacturing: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 87 Manufacturing: AI Code Tools Market, by Region, 2023-2028 (USD Million)
9.6 Retail & Ecommerce
9.6.1 AI-Driven Virtual Helpers to Make Shopping Experience Efficient and Interactive
Table 88 Retail & Ecommerce: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 89 Retail & Ecommerce: AI Code Tools Market, by Region, 2023-2028 (USD Million)
9.7 Telecommunications
9.7.1 AI Code Tools to Optimize Network Management, Enhance Customer Experiences, and Improve Security Measures
Table 90 Telecommunications: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 91 Telecommunications: AI Code Tools Market, by Region, 2023-2028 (USD Million)
9.8 Government & Public Sector
9.8.1 AI Applications to Enhance Efficiency, Accuracy, and Citizen-Centric Governance
Table 92 Government & Public Sector: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 93 Government & Public Sector: AI Code Tools Market, by Region, 2023-2028 (USD Million)
9.9 Media & Entertainment
9.9.1 AI Code Tools to Enhance Content Personalization, Production Efficiency, and Audience Engagement
Table 94 Media & Entertainment: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 95 Media & Entertainment: AI Code Tools Market, by Region, 2023-2028 (USD Million)
9.10 Other Verticals
Table 96 Other Verticals: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 97 Other Verticals: AI Code Tools Market, by Region, 2023-2028 (USD Million)

10 AI Code Tools Market, by Region
10.1 Introduction
Figure 40 South Africa to Witness Highest CAGR During Forecast Period
Figure 41 Asia-Pacific to Account for Highest CAGR During Forecast Period
Table 98 AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 99 AI Code Tools Market, by Region, 2023-2028 (USD Million)
10.2 North America
10.2.1 North America: AI Code Tools Market Drivers
10.2.2 North America: Impact of Recession
Figure 42 North America: Market Snapshot
Table 100 North America: AI Code Tools Market, by Country, 2017-2022 (USD Million)
Table 101 North America: AI Code Tools Market, by Country, 2023-2028 (USD Million)
Table 102 North America: AI Code Tools Market, by Offering, 2017-2022 (USD Million)
Table 103 North America: AI Code Tools Market, by Offering, 2023-2028 (USD Million)
Table 104 North America: AI Code Tools Market, by Technology, 2017-2022 (USD Million)
Table 105 North America: AI Code Tools Market, by Technology, 2023-2028 (USD Million)
Table 106 North America: AI Code Tools Market, by Deployment Mode, 2017-2022 (USD Million)
Table 107 North America: AI Code Tools Market, by Deployment Mode, 2023-2028 (USD Million)
Table 108 North America: AI Code Tools Market, by Service, 2017-2022 (USD Million)
Table 109 North America: AI Code Tools Market, by Service, 2023-2028 (USD Million)
Table 110 North America: AI Code Tools Market, by Professional Service, 2017-2022 (USD Million)
Table 111 North America: AI Code Tools Market, by Professional Service, 2023-2028 (USD Million)
Table 112 North America: AI Code Tools Market, by Application, 2017-2022 (USD Million)
Table 113 North America: AI Code Tools Market, by Application, 2023-2028 (USD Million)
Table 114 North America: AI Code Tools Market, by Vertical, 2017-2022 (USD Million)
Table 115 North America: AI Code Tools Market, by Vertical, 2023-2028 (USD Million)
10.2.3 US
10.2.3.1 Government Policies and Increasing Number of Tech Startups to Drive Market
10.2.4 Canada
10.2.4.1 Focus on AI and Government Investments to Fuel Market Growth
10.3 Europe
10.3.1 Europe: AI Code Tools Market Drivers
10.3.2 Europe: Impact of Recession
Table 116 Europe: AI Code Tools Market, by Country, 2017-2022 (USD Million)
Table 117 Europe: AI Code Tools Market, by Country, 2023-2028 (USD Million)
Table 118 Europe: AI Code Tools Market, by Offering, 2017-2022 (USD Million)
Table 119 Europe: AI Code Tools Market, by Offering, 2023-2028 (USD Million)
Table 120 Europe: AI Code Tools Market, by Technology, 2017-2022 (USD Million)
Table 121 Europe: AI Code Tools Market, by Technology, 2023-2028 (USD Million)
Table 122 Europe: AI Code Tools Market, by Deployment Mode, 2017-2022 (USD Million)
Table 123 Europe: AI Code Tools Market, by Deployment Mode, 2023-2028 (USD Million)
Table 124 Europe: AI Code Tools Market, by Service, 2017-2022 (USD Million)
Table 125 Europe: AI Code Tools Market, by Service, 2023-2028 (USD Million)
Table 126 Europe: AI Code Tools Market, by Professional Service, 2017-2022 (USD Million)
Table 127 Europe: AI Code Tools Market, by Professional Service, 2023-2028 (USD Million)
Table 128 Europe: AI Code Tools Market, by Application, 2017-2022 (USD Million)
Table 129 Europe: AI Code Tools Market, by Application, 2023-2028 (USD Million)
Table 130 Europe: AI Code Tools Market, by Vertical, 2017-2022 (USD Million)
Table 131 Europe: AI Code Tools Market, by Vertical, 2023-2028 (USD Million)
10.3.3 UK
10.3.3.1 Robust Regulatory Frameworks and Research Excellence to Propel Market
10.3.4 Germany
10.3.4.1 Highly Skilled Labor Force and Strong Infrastructure to Drive Adoption of AI and ML Technologies
10.3.5 France
10.3.5.1 Increasing Funding for AI Startups to Fuel Development of AI Ecosystem
10.3.6 Spain
10.3.6.1 Public-Private Collaboration Programs That Integrate AI Across Various Vertical Sectors to Drive Digital Transformation
10.3.7 Italy
10.3.7.1 Agility in Adopting Latest Technological Advancements to Fuel Market Growth
10.3.8 Rest of Europe
10.4 Asia-Pacific
10.4.1 Asia-Pacific: AI Code Tools Market Drivers
10.4.2 Asia-Pacific: Impact of Recession
Figure 43 Asia-Pacific: Market Snapshot
Table 132 Asia-Pacific: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 133 Asia-Pacific: AI Code Tools Market, by Region, 2023-2028 (USD Million)
Table 134 Asia-Pacific: AI Code Tools Market, by Offering, 2017-2022 (USD Million)
Table 135 Asia-Pacific: AI Code Tools Market, by Offering, 2023-2028 (USD Million)
Table 136 Asia-Pacific: AI Code Tools Market, by Technology, 2017-2022 (USD Million)
Table 137 Asia-Pacific: AI Code Tools Market, by Technology, 2023-2028 (USD Million)
Table 138 Asia-Pacific: AI Code Tools Market, by Deployment Mode, 2017-2022 (USD Million)
Table 139 Asia-Pacific: AI Code Tools Market, by Deployment Mode, 2023-2028 (USD Million)
Table 140 Asia-Pacific: AI Code Tools Market, by Service, 2017-2022 (USD Million)
Table 141 Asia-Pacific: AI Code Tools Market, by Service, 2023-2028 (USD Million)
Table 142 Asia-Pacific: AI Code Tools Market, by Professional Service, 2017-2022 (USD Million)
Table 143 Asia-Pacific: AI Code Tools Market, by Professional Service, 2023-2028 (USD Million)
Table 144 Asia-Pacific: AI Code Tools Market, by Application, 2017-2022 (USD Million)
Table 145 Asia-Pacific: AI Code Tools Market, by Application, 2023-2028 (USD Million)
Table 146 Asia-Pacific: AI Code Tools Market, by Vertical, 2017-2022 (USD Million)
Table 147 Asia-Pacific: AI Code Tools Market, by Vertical, 2023-2028 (USD Million)
10.4.3 China
10.4.3.1 Government R&D Initiatives and Global Investments to Boost Market
10.4.4 Japan
10.4.4.1 Robust Integration of AI into Robotics to Boost Market
10.4.5 India
10.4.5.1 India's Technological Ecosystem Supported by Government Policies and Increased R&D Investments to Fuel Market Growth
10.4.6 Asean Countries
10.4.6.1 Competitive Wages, Improved Business Regulations, Upgraded Infrastructure, and Growing Domestic Demand to Accelerate Growth
10.4.7 Australia & New Zealand
10.4.7.1 Increasing Resilience and Investments in Software Tools to Bolster Market
10.4.8 Rest of Asia-Pacific
10.5 Middle East & Africa
10.5.1 Middle East & Africa: AI Code Tools Market Drivers
10.5.2 Middle East & Africa: Impact of Recession
Table 148 Middle East & Africa: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 149 Middle East & Africa: AI Code Tools Market, by Region, 2023-2028 (USD Million)
Table 150 Middle East & Africa: AI Code Tools Market, by Offering, 2017-2022 (USD Million)
Table 151 Middle East & Africa: AI Code Tools Market, by Offering, 2023-2028 (USD Million)
Table 152 Middle East & Africa: AI Code Tools Market, by Technology, 2017-2022 (USD Million)
Table 153 Middle East & Africa: AI Code Tools Market, by Technology, 2023-2028 (USD Million)
Table 154 Middle East & Africa: AI Code Tools Market, by Deployment Mode, 2017-2022 (USD Million)
Table 155 Middle East & Africa: AI Code Tools Market, by Deployment Mode, 2023-2028 (USD Million)
Table 156 Middle East & Africa: AI Code Tools Market, by Service, 2017-2022 (USD Million)
Table 157 Middle East & Africa: AI Code Tools Market, by Service, 2023-2028 (USD Million)
Table 158 Middle East & Africa: AI Code Tools Market, by Professional Service, 2017-2022 (USD Million)
Table 159 Middle East & Africa: AI Code Tools Market, by Professional Service, 2023-2028 (USD Million)
Table 160 Middle East & Africa: AI Code Tools Market, by Application, 2017-2022 (USD Million)
Table 161 Middle East & Africa: AI Code Tools Market, by Application, 2023-2028 (USD Million)
Table 162 Middle East & Africa: AI Code Tools Market, by Vertical, 2017-2022 (USD Million)
Table 163 Middle East & Africa: AI Code Tools Market, by Vertical, 2023-2028 (USD Million)
10.5.3 UAE
10.5.3.1 Government Initiatives Aimed at Fostering a Knowledge-based Economy to Drive Market
10.5.4 Ksa
10.5.4.1 Technological Advancements and Economic Diversification Through Vision 2030 Initiative to Accelerate Market Growth
10.5.5 Egypt
10.5.5.1 Rapid Adoption of Advanced Technologies to Boost Market
10.5.6 South Africa
10.5.6.1 Increased Focus on Cloud-based Software Products to Propel Market Growth
10.5.7 Rest of Middle East & Africa
10.6 Latin America
10.6.1 Latin America: AI Code Tools Market Drivers
10.6.2 Latin America: Impact of Recession
Table 164 Latin America: AI Code Tools Market, by Region, 2017-2022 (USD Million)
Table 165 Latin America: AI Code Tools Market, by Region, 2023-2028 (USD Million)
Table 166 Latin America: AI Code Tools Market, by Offering, 2017-2022 (USD Million)
Table 167 Latin America: AI Code Tools Market, by Offering, 2023-2028 (USD Million)
Table 168 Latin America: AI Code Tools Market, by Technology, 2017-2022 (USD Million)
Table 169 Latin America: AI Code Tools Market, by Technology, 2023-2028 (USD Million)
Table 170 Latin America: AI Code Tools Market, by Deployment Mode, 2017-2022 (USD Million)
Table 171 Latin America: AI Code Tools Market, by Deployment Mode, 2023-2028 (USD Million)
Table 172 Latin America: AI Code Tools Market, by Service, 2017-2022 (USD Million)
Table 173 Latin America: AI Code Tools Market, by Service, 2023-2028 (USD Million)
Table 174 Latin America: AI Code Tools Market, by Professional Service, 2017-2022 (USD Million)
Table 175 Latin America: AI Code Tools Market, by Professional Service, 2023-2028 (USD Million)
Table 176 Latin America: AI Code Tools Market, by Application, 2017-2022 (USD Million)
Table 177 Latin America: AI Code Tools Market, by Application, 2023-2028 (USD Million)
Table 178 Latin America: AI Code Tools Market, by Vertical, 2017-2022 (USD Million)
Table 179 Latin America: AI Code Tools Market, by Vertical, 2023-2028 (USD Million)
10.6.3 Brazil
10.6.3.1 Brazil's Vibrant Technology Ecosystem to Drive Software Development Industry
10.6.4 Mexico
10.6.4.1 Dynamic Private Sector and Increasing Investments in Digital Transformation to Accelerate Market Growth
10.6.5 Rest of Latin America

11 Competitive Landscape
11.1 Overview
11.2 Strategies Adopted by Key Players
Table 180 Strategies Deployed by Key AI Code Tool Vendors
11.3 Revenue Analysis
Figure 44 Business Segment Revenue Analysis for Key Companies, 2020-2022 (USD Million)
11.4 Market Share Analysis for Key Public Companies
Figure 45 Market Share Analysis for Key Players, 2022
Table 181 AI Code Tools Market: Intensity of Competitive Rivalry
11.5 Brand/Product Comparative Analysis
Table 182 Brand/Product Comparative Analysis
11.6 Company Evaluation Matrix
11.6.1 Stars
11.6.2 Emerging Leaders
11.6.3 Pervasive Players
11.6.4 Participants
Figure 46 Company Evaluation Matrix, 2023
11.6.5 Company Footprint of Key Players
Table 183 Company Footprint of Key Players, 2023
11.7 Startup/SME Evaluation Matrix, 2023
11.7.1 Progressive Companies
11.7.2 Responsive Companies
11.7.3 Dynamic Companies
11.7.4 Starting Blocks
Figure 47 Startup/SME Evaluation Matrix, 2023
11.7.5 Competitive Benchmarking of Startups/SMEs
Table 184 Detailed List of Key SMEs/Startups
Table 185 Competitive Benchmarking of SMEs/Startups, 2023
11.8 Competitive Scenario and Trends
11.8.1 Product Launches
Table 186 AI Code Tools Market: Product Launches, 2020-2023
11.8.2 Deals
Table 187 AI Code Tools Market: Deals, 2020-2023
11.8.3 Others
Table 188 AI Code Tools Market: Others, 2020-2023
11.9 Valuation and Financial Metrics of Key Vendors
Figure 48 Valuation and Financial Metrics of Key Vendors
11.10 Ytd Price Total Return and Stock Beta of Key Vendors
Figure 49 Ytd Price Total Return and Stock Beta of Key Vendors

12 Company Profiles
12.1 Introduction
12.2 Key Players
Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View
12.2.1 Microsoft
Table 189 Microsoft: Business Overview
Figure 50 Microsoft: Company Snapshot
Table 190 Microsoft: Products/Solutions/Services Offered
Table 191 Microsoft: Product Launches and Enhancements
Table 192 Microsoft: Deals
12.2.2 IBM
Table 193 IBM: Business Overview
Figure 51 IBM: Company Snapshot
Table 194 IBM: Products/Solutions/Services Offered
Table 195 IBM: Product Launches and Enhancements
Table 196 IBM: Deals
Table 197 IBM: Others
12.2.3 Google
Table 198 Google: Business Overview
Figure 52 Google: Company Snapshot
Table 199 Google: Products/Solutions/Services Offered
Table 200 Google: Product Launches and Enhancements
Table 201 Google: Deals
Table 202 Google: Others
12.2.4 Aws
Table 203 Aws: Business Overview
Figure 53 Aws: Company Snapshot
Table 204 Aws: Products/Solutions/Services Offered
Table 205 Aws: Product Launches and Enhancements
Table 206 Aws: Deals
Table 207 Aws: Others
12.2.5 Meta
Table 208 Meta: Business Overview
Figure 54 Meta: Company Snapshot
Table 209 Meta: Products/Solutions/Services Offered
Table 210 Meta: Product Launches and Enhancements
Table 211 Meta: Deals
12.2.6 Salesforce
Table 212 Salesforce: Business Overview
Figure 55 Salesforce: Company Snapshot
Table 213 Salesforce: Products/Solutions/Services Offered
Table 214 Salesforce: Product Launches and Enhancements
Table 215 Salesforce: Deals
Table 216 Salesforce: Others
12.2.7 Openai
Table 217 Openai: Business Overview
Table 218 Openai: Products/Solutions/Services Offered
Table 219 Openai: Product Launches and Enhancements
Table 220 Openai: Deals
Table 221 Openai: Others
12.2.8 Tabnine
Table 222 Tabnine: Business Overview
Table 223 Tabnine: Products/Solutions/Services Offered
Table 224 Tabnine: Product Launches and Enhancements
Table 225 Tabnine: Deals
12.2.9 Replit
Table 226 Replit: Business Overview
Table 227 Replit: Products/Solutions/Services Offered
Table 228 Replit: Product Launches and Enhancements
Table 229 Replit: Deals
Table 230 Replit: Others
12.2.10 Sourcegraph
Table 231 Sourcegraph: Business Overview
Table 232 Sourcegraph: Products/Solutions/Services Offered
Table 233 Sourcegraph: Product Launches and Enhancements
12.2.11 Moolya
Table 234 Moolya: Business Overview
Table 235 Moolya: Products/Solutions/Services Offered
Table 236 Moolya: Product Launches and Enhancements
12.2.12 Snyk
Table 237 Snyk: Business Overview
Table 238 Snyk: Products/Solutions/Services Offered
Table 239 Snyk: Product Launches and Enhancements
Table 240 Snyk: Deals
Table 241 Snyk: Others
12.2.13 Circleci
Table 242 Circleci: Business Overview
Table 243 Circleci: Products/Solutions/Services Offered
Table 244 Circleci: Product Launches and Enhancements
Table 245 Circleci: Deals
12.2.14 Jetbrains
Table 246 Jetbrains: Business Overview
Table 247 Jetbrains: Products/Solutions/Services Offered
Table 248 Jetbrains: Product Launches and Enhancements
Table 249 Jetbrains: Deals
12.2.15 Adacore
12.2.16 Wingware
12.2.17 Datadog
12.2.18 Lightning AI
12.2.19 Kodezi
12.2.20 Sourcery
12.3 Startups/SMEs
12.3.1 Codewp
12.3.2 Sqlai.AI
12.3.3 Sincode Ab
12.3.4 Seek AI
12.3.5 Enzyme
12.3.6 Assistiv AI
12.3.7 Codium
12.3.8 Mutable AI
12.3.9 Judini
12.3.10 Safurai
Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View Might Not be Captured in Case of Unlisted Companies.

13 Adjacent and Related Markets
13.1 Introduction
13.2 Low-Code Development Platform Market - Global Forecast to 2025
13.2.1 Market Definition
13.2.2 Market Overview
Figure 56 Low-Code Development Platform Market Snapshot, 2018-2025
13.2.3 Low-Code Development Platform Market, by Component
Table 250 Low-Code Development Platform Market, by Component, 2018-2025 (USD Million)
13.2.4 Low-Code Development Platform Market, by Application
Table 251 Low-Code Development Platform Market, by Application Type, 2018-2025 (USD Million)
13.2.5 Low-Code Development Platform Market, by Deployment Type
Table 252 Low-Code Development Platform Market, by Deployment Type, 2018-2025 (USD Million)
13.2.6 Low-Code Development Platform Market, by Organization Size
Table 253 Low-Code Development Platform Market, by Organization Size, 2018-2025 (USD Million)
13.2.7 Low-Code Development Platform Market, by Industry
Table 254 Low-Code Development Platform Market, by Industry, 2018-2025 (USD Million)
13.2.8 Low-Code Development Platform Market, by Region
Table 255 Low-Code Development Platform Market, by Region, 2018-2025 (USD Million)
13.3 Generative AI Market - Global Forecast to 2030
13.3.1 Market Definition
13.3.2 Market Overview
Table 256 Global Generative AI Market Size and Growth Rate, 2019-2022 (USD Million, Y-O-Y %)
Table 257 Global Generative AI Market Size and Growth Rate, 2023-2030 (USD Million, Y-O-Y %)
13.3.3 Generative AI Market, by Offering
Table 258 Generative AI Market, by Offering, 2019-2022 (USD Million)
Table 259 Generative AI Market, by Offering, 2023-2030 (USD Million)
13.3.4 Generative AI Market, by Region
Table 260 North America: Generative AI Market, by Offering, 2019-2022 (USD Million)
Table 261 North America: Generative AI Market, by Offering, 2023-2030 (USD Million)

14 Appendix
14.1 Discussion Guide
14.2 Knowledgestore: The Subscription Portal
14.3 Customization Options

Companies Mentioned

  • Adacore
  • Assistiv AI
  • Aws
  • Circleci
  • Codewp
  • Codium
  • Datadog
  • Enzyme
  • Google
  • IBM
  • Jetbrains
  • Judini
  • Kodezi
  • Lightning AI
  • Meta
  • Microsoft
  • Moolya
  • Mutable AI
  • Openai
  • Replit
  • Safurai
  • Salesforce
  • Seek AI
  • Sincode Ab
  • Snyk
  • Sourcegraph
  • Sourcery
  • Sqlai.AI
  • Tabnine
  • Wingware

Methodology

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Table Information

Report AttributeDetails
No. of Pages333
PublishedOctober 2023
Forecast Period2023 - 2028
Estimated Market Value ( USD ) in 2023 $ 4.3 Billion
Forecasted Market Value ( USD ) by 2028 $ 12.6 Billion
Compound Annual Growth Rate24.0%
Regions CoveredGlobal
No. of Companies Mentioned30

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