AI Code Tools Market to Reach USD 12.6 Billion by 2028

The AI Code Tools Market is expected to grow at a CAGR of 24.0% from USD 4.3 billion in 2023 to USD 12.6 billion by 2028, according to a new report by MarketsandMarkets™. These tools are software applications and platforms that leverage artificial intelligence and machine learning technologies to assist developers in various aspects of the software development lifecycle. They aim to streamline and enhance the coding process by automating repetitive tasks, providing code suggestions and corrections, detecting errors and vulnerabilities, and offering insights into code quality and performance. AI code tools are becoming increasingly popular as they offer a range of benefits, including improved productivity, faster time-to-market, and higher code quality.

However, ethical and prejudice issues will still be crucial concerns in the development and deployment of these tools. The report covers the offering segment, which includes tools and services, as well as the application, vertical, and region segments. It also profiles key players such as IBM, Microsoft, Google, AWS, Salesforce, Meta, OpenAI, Tabnine, Replit, Sourcegraph, Moolya, Synk, CircleCI, JetBrains, Adacore, WingWare, Datadog, Lightning AI, Kodezi, Sourcery, CodeWP, SQLAI.ai, SinCode AB, Seek AI, Enzyme, Assistive.ai, CodiumAI, Mutable AI, Judini, Safurai, and others. The report also includes a detailed analysis of the competitive landscape, market opportunities, challenges, and growth factors. It is available for purchase on MarketsandMarkets' website.