The dynamic environment of software development today is one of the most significant determinants of success, especially for SMBs. Whereas large enterprises have the capital and means to invest a lot, SMBs usually require more assistance with their development. However, tools we have seen in these software development success stories, especially GitHub Copilot, are making the ground for SMBs even by offering intelligent code aiding, giving them a chance to advance and grow.
Grand View Research, in its report on the Global Software Development Services Market, estimated the market size at USD $429 billion in 2022 and projected it to grow to slightly over USD 583.47 billion by 2030, with an estimated compound annual growth rate (CAGR) of 11.5% from 2023 to 2030. This burst growth is in sync with the need for complex and demanding development tools that are highly efficient. GitHub Copilot is a tool that is revolutionizing the way developers work as it is an AI-based tool and is thus an essential tool for many SMBs.
