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Projected growth rate from 2022 to 2032: 26.1% ... 10. Software developers. Projected growth rate from 2022 to 2032: 25.7% Median annual wage in May 2022: $127,260 per year.
However, for software developers BLS projects current growth at 17% [27] that is down from their prediction from 2019 to 2029 of a 22% increase in employment, from 1,469,200 to 1,785,200 jobs with a median base salary of $110,000 per year. This prediction is lower than the earlier 2010 to 2020 predicted increase of 30% for software developers.
There are another 1,500,000 people in system analysis, system administration, and computer support, many of whom might be called software engineers. Many systems analysts manage software development teams, and as analysis is an important software engineering role, many of them may be considered software engineers in the near future.
The 10-year projections cover economic growth, employment by industry and occupation, and labor force. They are widely used in career guidance, in planning education and training programs, and in studying long-range employment trends.
Occupations are ranked by their projected growth from 2022 to 2032 in order of lowest to highest. The BLS finalized these estimates in spring 2023, when new AI tools like ChatGPT were still new ...
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Software development is the process of designing and implementing a software solution to satisfy a user. The process is more encompassing than programming , writing code , in that it includes conceiving the goal, evaluating feasibility, analyzing requirements , design , testing and release .
The industry also includes software services, such as training, documentation, consulting and data recovery. The software and computer services industry spends more than 11% of its net sales for Research & Development which is in comparison with other industries the second highest share after pharmaceuticals & biotechnology. [1]