July 22, 2024

How Many Software Engineers Are There in 2024?

Get to know about the latest number of software developers around the globe. Learn about how many software engineers there are in the US and other places to get a better grip on the market for these specialists.

Written by
Serhii Uspenskyi
CEO

Table of Contents

The market for software engineers is one of the most sizable on the planet, with new people entering it every year. According to Data USA, in 2021, 4,251 individuals earned programmer degrees, with many online platforms offering an alternative to college certifications. The demand for software development becomes even more pressing as organizations and enterprises actively explore the capabilities of AI-based solutions.

The advanced features these products offer are becoming a cornerstone of many organizations and drive more individuals into software development. Our article takes a deep dive into the world of the software engineering market and the number of software developers in different regions of the world.

The Current State Of The Software Developer Market

According to the latest information published by Evans Data Corporation, there were 26,9 million software developers globally in 2023. This year, the figure will increase to 28,7 million engineers. At the same time, the 20th edition of the State Of the Developer Nation Report suggests that the number of these experts will increase from 24,3 million in 2024 to 45 million employed engineers in 2030. The following regions will experience the highest rise in engineers:

Here’s how many software engineers there were between 2020 and 2024.

The latest Statista figures claim that the revenue from software development will reach $3,567 billion this year, with a projected annual growth of 8,95% between 2024 and 2028. These forecasts show that software engineers will be in high demand.

Top 10 Countries with the Highest Number of Software Developers

As of August 2023, the following countries have the biggest numbers of software programmers.

How Many Software Engineer Jobs Are There in The World In 2024

Data provided by Statista shows that the number of software developer jobs increased by 12,5% between 2014 and 2024. Information from the US Bureau of Labor Statistics forecasts the number of software developer jobs to grow by 24% from 2016 and 2026. Another study by the organization shows the demand for these experts will increase to 22% by 2029. 

Currently, over 41% of experts have bachelor’s degrees, with 21% possessing master's degrees. Regarding the US labor market, in 2023, there were 1,365,500 software developer jobs. Another 284,100 jobs are expected to be created in 2028. These numbers show an increasing interest in the field among businesses and organizations.

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How Many Software Engineering Are There In The US In 2024

The United States currently has over 4,4 million developers, according to GoRemotely. Out of this number, about 680,000 individuals have specific knowledge of the field to design, develop, test, and maintain software solutions. The latest statistics by Data USA show that 1,42 million individuals held software engineer positions in the autumn of 2023.

Many experts work for top American companies such as Amazon and Google. While nobody knows how many software engineers in the US work for companies, it’s speculated that around 60,000 engineers work for Google. California remains the most popular state for programmers to find employment since it is where all the talent and the startups are. But, many US states have sizable numbers of software engineers.

Top 10 US States With The Highest Number of Software Engineers

Here are the latest numbers on US states with the biggest pools of programmers based on statistics from DQYDJ.

How Many Software Engineering Are There In Europe In 2024

According to StackOverflow, Europe has about 6,1 million software developers, a number that’s even higher than in the US. In 2016, this figure was at 4,7 million engineers, and 5,5 million in 2018. Germany, France, and the UK have the most developers in Western Europe. Currently, the top 10 countries with the most significant software developer offers are:

Even though the number of software developers is always on the rise, many companies and organizations find it challenging to find local talent. With the high demand for IT experts, the EU market experiences a shortage of 500,000 developers. 

Research conducted by ManpowerGroup shows that Finland suffers from this situation the most. It’s estimated that around 66-90% of Finish companies can’t find engineers with the proper skill set. Sweden and Portugal enterprises experience a similar situation, with 56-65% of companies expressing difficulties locating the right talent.

How Many Software Engineering Are There In Eastern Europe In 2024

Eastern European countries are continuing to develop into solid software development hubs thanks to an abundance of affordable and professional programmers. According to IntellectSoft,  there will be 1,3 million developers in this region in 2022. They are self-employed or work for outsourcing companies, of which Eastern Europe has around 4,500-6,5000.

Poland, Ukraine, Romania, Bulgaria, and the Czech Republic have the most significant numbers of software engineers in this region.

How Many Software Engineers Are There in Asia in 2024?

The Asian region has one of the most formidable pools of software developers, with over 6,5 million of these experts. The latest Statista data shows their number will increase by 6-8% annually. The region’s growing outsourcing market is one of the main factors that attract new individuals to this field. Including China, several Asian countries currently boast the largest software developer populations.

How Many Types Of Software Engineers Are There

Currently, several types of developers are most common in the software programming market. In 2022, the most popular were JavaScript and HTML/CSS engineers. 65% and 55% of respondents respectfully used these languages to make various software solutions. Here’s how software engineers in the world there were based on the language they worked with, according to Statista:

Numbers of Software Developers: Important Statistics

We would like to finish this overview with some interesting data about the field of software development.

  • 71,3% of programmers are men, while 28,7% are women.
  • 34,9% of developers are 25 to 34 years old.
  • 58,8% of software engineers are white, 25,2% are Asian, and 7,2% are Hispanic.
  • The median annual pay for US software developers is $100,140.
  • 72% of IT workers are thinking about quitting their jobs in 2024.
  • Almost 45% of engineers entered the profession less than ten years ago.
  • 26,53% of the global software developer pool have 5-9 years of experience.

Between November 2022 and January 2023, 22,1% of software developers have been affected by layoffs.

Customer retention is the key

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What are the most relevant factors to consider?

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Don’t overspend on growth marketing without good retention rates

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What’s the ideal customer retention rate?

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Next steps to increase your customer retention

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