According to a forecast, the number of software developers would most likely exceed 27.7 million by 2023. From 2019 to 2029, the average growth rate for all jobs in the US economy is projected to be roughly 4% whereas, by 2029, the job market for software developers is estimated to grow by 22%. In 2015, the United States had roughly 4.2 million software engineers, according to software engineering statistics.