Global No-code AI Platform Market Size study & Forecast, by Component (No-code AI Platforms, Services), by Technology (Natural Language Processing, Computer Vision, Predictive Analytics, Others), by Deployment (Cloud, On-premises), by Enterprise Size (Sma

Global No-code AI Platform Market Size study & Forecast, by Component (No-code AI Platforms, Services), by Technology (Natural Language Processing, Computer Vision, Predictive Analytics, Others), by Deployment (Cloud, On-premises), by Enterprise Size (Small and medium-sized enterprises, Large Enterprises), by Vertical and Regional Analysis, 2023-2030

Global No-code AI Platform Market is valued at approximately USD 3.06 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 27.3% over the forecast period 2023-2030. The No-code AI Platform encompasses in providing software platforms that allow users to develop and deploy artificial intelligence (AI) applications and solutions without the need for coding or programming skills, enabling businesses and individuals to harness the power of AI technology in a user-friendly and accessible manner. The No-code AI Platform Market is being driven by factors such as increasing funding for AI platforms and continuous development in AI technology.

The No-code AI platforms make it simple to create AI models and apps by offering a user-friendly interface and drag-and-drop capability. . For instance, in February 2023, Appy Pie LLP integrated artificial intelligence (AI) into their app development process through their innovative AI App Generator. This cutting-edge platform utilizes machine learning and Natural Language Processing (NLP) techniques to transform text into fully functional applications. By leveraging AI technology, users can efficiently and rapidly build and launch their own apps, streamlining the app-making process. Along with this increasing funding for AI platforms also driving the market. As an illustration, Basetwo Artificial Intelligence Inc., a SaaS AI platform for manufacturers, raised USD 3.8 million in early funding for the introduction of their cutting-edge Basetwo AI platform in May 2022.The platform enables process engineers to easily create digital twins of manufacturing plants using a user-friendly no-code interface. This solution is the first of its kind, revolutionizing the way manufacturers build and optimize their operations. Thus, increasing funding for AI platforms and continuous improvement in AI technology fuel the growth of the market. In addition, increasing the adoption of AI in enterprises and increase in the adoption of IoT, edge computing across various industries create lucrative opportunities for the market. However, the limited customization and complexity hinder market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global No-code AI Platform Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the advanced technological landscape and innovation hubs. The region has a robust infrastructure and a mature ecosystem that fosters the development and adoption of cutting-edge technologies such as no-code AI platforms. Asia Pacific is considered as a fastest growing region over the forecasted period due to Governments and businesses investing in advanced technologies such as AI to enhance productivity, efficiency, and competitiveness. No-code AI platforms offer a user-friendly and accessible way for businesses in the region to incorporate AI capabilities into their operations.

Major market player included in this report are:
Akkio Inc.
Amazon.com, Inc.
Apple Inc.
Caspio, Inc.
Clarifai, Inc.
DataRobot, Inc.
Google LLC
Levity AI GmbH
Microsoft Corporation
Quickbase, Inc.

Recent Developments in the Market:
 In April 2023, Moveworks, Inc. introduced Creator Studio, a conversational AI platform that empowers customers to develop customized conversational AI chatbots using generative AI capabilities, all without requiring extensive coding expertise. This new no-code platform enables users to build large language model interfaces, leveraging the power of AI technology to create their own personalized chatbot solutions.

Global No-code AI Platform Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered -Component, Technology, Deployment, Enterprise Size, Vertical, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
No-code AI Platforms
Services

By Technology:
Natural Language Processing
Computer Vision
Predictive Analytics
Others

By Deployment:
Cloud
On-premises

By Enterprise Size:
Small and medium-sized enterprises
Large Enterprise

By Vertical:
BFSI
Healthcare
Retail & E-Commerce
IT & Telecom
Energy & Utilities
Government & Public Sector
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Akkio Inc.
Amazon.com, Inc.
Apple Inc.
Caspio, Inc.
Clarifai, Inc.
DataRobot, Inc.
Google LLC
Levity AI GmbH
Microsoft Corporation
Quickbase, Inc.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.