Revenue in the software market is estimated to rise to USD $698 billion in 2024 and up to USD $858 billion in 2028. This rise is expected due to the prevalence of AI, cloud and interconnected devices in the workplace. Developers play a crucial role in transforming ideas into applications and systems and the developer population has to keep pace with the market’s demand. It is forecasted that the number of developers will be 28.7 million in 2024. A software company must find the best talent to succeed but retaining that talent is equally as important. It takes on average 35 days to fill a vacancy which can lead to a cost of 50% - 250% of an employee’s annual salary to replace them. Developer experience (DevEx or DevX) can help with developer retention and decrease developer turnover. If C-level executives and IT team leaders use DevEx, they could expect …
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