SANTA CRUZ, CA. July 15, 2015

The tech economy is currently booming, but the rate at which new companies have started up in the last five years is significantly lower in North America than it was in the past according to Evans Data's Developer Population and Demographics study. The study, built on population models and the results of Evans Data's semi-annual Global Development Survey, showed that in North America there are 328,000 developers working at companies less than 2 years old. There are 369,000 developers working at companies that are 2 to 5 years old, and 1,416,000 at companies that were started five to ten years ago. The total of those working at companies that were started since 2009 are 49% fewer than those at companies started in the five years before 2009.

"We're obviously still seeing the effects of the great recession that started in 2008", said Janel Garvin, CEO of Evans Data. "It's much less visible due to the excitement and growth around Silicon Valley, and the release of new technologies that capture everyone's imagination, but the reality is in the numbers. The recovery has been very weak in real terms and this shows in the large decrease in new software companies during the last five years."

The Spring 2015 Global Development and Demographic Study is the 20th edition of the series, which was started in 2006 and is published twice yearly. It estimates total worldwide developer populations and projects population data by region and country five years into the future. Population estimates are overlaid with data from Evans Data's biannual Global Development survey to provide population estimates on a wide variety of development topics such as mobile development, development for IoT, Cloud, Big Data, and other technical adoption trends, plus developer demographics by region and segment.

For complete table of contents and detailed description of the methodology: See complete Table of Contents here

Evans Data Corporation provides regularly updated IT industry market intelligence based on in-depth surveys of the global developer population. Evans' syndicated research includes surveys focused on developers in a wide variety of subjects.

Copyright 2015 Evans Data Corporation. All other company names, products and services mentioned in this document are the trademarks and property of their respective owners.

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