Abstract:Although it has been more than four decades that the first components-based software development (CBSD) studies were conducted, there is still no standard method or tool for component selection which is widely accepted by the industry. The gulf between industry and academia contributes to the lack of an accepted tool. We conducted a mixed methods survey of nearly 100 people engaged in component-based software engineering practice or research to better understand the problems facing industry, how these needs could be addressed, and current best practices employed in component selection. We also sought to identify and prioritize quality criteria for component selection from an industry perspective. In response to the call for CBSD component selection tools to incorporate recent technical advances, we also explored the perceptions of professionals about AI-driven tools, present and envisioned.