Global Programming Language Market Industry Trends, Share, Growth And Forecast 2027

The programming language is divided into two categories based on the end-user: academic and corporate. Due to increased deployment in the commercial sector and corporate offices in Government, IT, BFSI, and other categories, the corporate segment will dominate the market with a share of 56 percent in 2020. According to TIOBE, the BFSI sector accounts for about 48% of the corporate sector, owing to COVID’s creation of chances for the sector in the Work from Home environment. Furthermore, the Academic sector is predicted to grow at a CAGR of around 14% during the forecast period, as educational institutions have actively participated in the adoption of programming languages and students are gravitating toward AI/ML and automation technologies for future positions in the industry.