Software
construction components refer to the loosely coupled
individual components which are consolidated into a larger software
system. In terms of engineering disciplines, software construction
with the fragmented components is known as component-based software
engineering (CBSE). These components may be in the form of a software
package, a web service, resource or a module that comprises of
related data or functions. In order to exist autonomously, components
take the form of objects or a collection of objects in the source
programming language which can be Java, C++, or .NET. Components from
a pre-constructed software are independently extracted and sold
separately by the software developers themselves or through
third-parties to aid in building a new software system. The main
purpose of component based software construction is reusability in
other software systems for construction and upgrading of existing
software systems. CBSE enables comparatively shorter turn-around time
to market for developing companies enabling them to invest time in
the development of more software applications, thus facilitating in
the growth of the software market.
Increasing demand
for new applications with augmented features and customization
capabilities are rendering software development companies with an
acute lack of time. This is leading software developers to use CBSE
as a means to save time and provide quick customization capabilities.
Also, increasing development and maintenance costs in the software
industry are the major drivers identified for the software
construction components market. The advent of internet of things
(IoT) has made software development a larger and complex process. The
need for reducing complexity and increasing productivity is
strengthening the growth of the software construction components
market. However, the time required to develop the components and the
trustworthiness of these components are the major challenges tackled
by the market. The rapidly emerging market for IoT is expected to
open up numerous opportunities for the software construction
components market as software development is anticipated to rise as a
consequence of IoT penetration.
The global software
construction component market can be segmented on the basis of
component model, level of reuse, composition type, enterprise and
geography. Based on component model, the market can be divided into
Component Object Model (COM) model, Enterprise JavaBeans (EJB) model,
.NET model, Common Object Request Broker Architecture (CORBA)
component Model and Service Component Architecture (SCA). According
to level of reuse, the software construction component market is
segregated into code level components, entire applications, analysis
level products and design level products.
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Depending on
composition types, the market is segmented into sequential
composition, hierarchical composition and additive composition. Based
on enterprise size, the market is divided into large enterprises and
small and medium enterprises. Based on geography, the market is
classified into North America, Europe, Asia Pacific, Latin America
and Middle East & Africa.
Some of the leading
players in the software construction components market are
International Business Machines Corporation, Microsoft Corporation,
Oracle Corporation, Sybase (SAP), MTW Solutions, ComponentSource,
Inc., GrapeCity Inc., ASG Technologies, Infragistics, Inc., Developer
Express Inc., Syncfusion, Progress Software Corporation, Dundas Data
Visualization, Inc., Rogue Wave Software, Inc. and , ABB Group.
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