Low Code Application Development Platform Market by Component (Platform, Services), Industry (Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance), Organization Size, Application - Global Forecast 2024-2030

Low Code Application Development Platform Market by Component (Platform, Services), Industry (Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance), Organization Size, Application - Global Forecast 2024-2030


The Low Code Application Development Platform Market size was estimated at USD 27.71 billion in 2023 and expected to reach USD 36.25 billion in 2024, at a CAGR 30.89% to reach USD 182.46 billion by 2030.

Global Low Code Application Development Platform Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Low Code Application Development Platform Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Low Code Application Development Platform Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Low Code Application Development Platform Market, highlighting leading vendors and their innovative profiles. These include Appian Corporation, InstaDB, Lansa Inc. By Idera, Inc., Mendix Technology B.V. by Siemens AG, Microsoft Corporation, Netcall PLC, Nintex Global Ltd., Oracle Corporation, OutSystems, Pegasystems Inc., Salesforce, Inc., ServiceNow, Inc., TrackVia, Inc., WaveMaker, Inc., and Zoho Corporation Pvt. Ltd..

Market Segmentation & Coverage

This research report categorizes the Low Code Application Development Platform Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
Platform

Services

Industry
Aerospace & Defense

Automotive & Transportation

Banking, Financial Services & Insurance

Building, Construction & Real Estate

Consumer Goods & Retail

Education

Energy & Utilities

Government & Public Sector

Healthcare & Life Sciences

Information Technology

Manufacturing

Media & Entertainment

Telecommunication

Travel & Hospitality

Organization Size
Large Enterprises

Small & Medium-Sized Enterprises

Application
Desktop & Server-Based

Mobile-Based

Web-Based

Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam

Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Low Code Application Development Platform Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Low Code Application Development Platform Market?
3. What are the technology trends and regulatory frameworks in the Low Code Application Development Platform Market?
4. What is the market share of the leading vendors in the Low Code Application Development Platform Market?
5. Which modes and strategic moves are suitable for entering the Low Code Application Development Platform Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Low Code Application Development Platform Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing adoption for rapid customization and scalability
5.1.1.2. Reduce the gap of the skilled IT professionals
5.1.1.3. Enterprise mobility enable users to develop a business application using LCAP
5.1.2. Restraints
5.1.2.1. Security and reliability concern of the LCAP
5.1.2.2. Dependency on vendor supplied customization
5.1.3. Opportunities
5.1.3.1. Incorporation AI in low code development platform
5.1.3.2. Emerging digital transformation in IT industry
5.1.3.3. Emergence of model-driven and declarative approach in LCAP
5.1.4. Challenges
5.1.4.1. Limited integration option and monolithic nature of apps
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Low Code Application Development Platform Market, by Component
6.1. Introduction
6.2. Platform
6.3. Services
7. Low Code Application Development Platform Market, by Industry
7.1. Introduction
7.2. Aerospace & Defense
7.3. Automotive & Transportation
7.4. Banking, Financial Services & Insurance
7.5. Building, Construction & Real Estate
7.6. Consumer Goods & Retail
7.7. Education
7.8. Energy & Utilities
7.9. Government & Public Sector
7.
10. Healthcare & Life Sciences
7.
11. Information Technology
7.
12. Manufacturing
7.
13. Media & Entertainment
7.
14. Telecommunication
7.
15. Travel & Hospitality
8. Low Code Application Development Platform Market, by Organization Size
8.1. Introduction
8.2. Large Enterprises
8.3. Small & Medium-Sized Enterprises
9. Low Code Application Development Platform Market, by Application
9.1. Introduction
9.2. Desktop & Server-Based
9.3. Mobile-Based
9.4. Web-Based
10. Americas Low Code Application Development Platform Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Low Code Application Development Platform Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.
10. South Korea
11.
11. Taiwan
11.
12. Thailand
11.
13. Vietnam
12. Europe, Middle East & Africa Low Code Application Development Platform Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.
10. Nigeria
12.
11. Norway
12.
12. Poland
12.
13. Qatar
12.
14. Russia
12.
15. Saudi Arabia
12.
16. South Africa
12.
17. Spain
12.
18. Sweden
12.
19. Switzerland
12.
20. Turkey
12.
21. United Arab Emirates
12.
22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Appian Corporation
14.1.2. InstaDB
14.1.3. Lansa Inc. By Idera, Inc.
14.1.4. Mendix Technology B.V. by Siemens AG
14.1.5. Microsoft Corporation
14.1.6. Netcall PLC
14.1.7. Nintex Global Ltd.
14.1.8. Oracle Corporation
14.1.9. OutSystems
14.1.
10. Pegasystems Inc.
14.1.
11. Salesforce, Inc.
14.1.
12. ServiceNow, Inc.
14.1.
13. TrackVia, Inc.
14.1.
14. WaveMaker, Inc.
14.1.
15. Zoho Corporation Pvt. Ltd.
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET RESEARCH PROCESS
FIGURE 2. LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, 2023 VS 2030
FIGURE 3. LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET DYNAMICS
FIGURE 7. LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, BY INDUSTRY, 2023 VS 2030 (%)
FIGURE 10. LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, BY INDUSTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2030 (%)
FIGURE 12. LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 14. LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET SHARE, BY KEY PLAYER, 2023

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings