IDC PeerScape: Practices for Low-Code Development

IDC PeerScape: Practices for Low-Code Development

This IDC PeerScape introduces some organizations from industries such as internet, manufacturing, finance, education, and pan-real estate. It also explores common challenges facing these organizations in building applications and business systems and their practices related to the utilization of products and solutions including low-code development platforms to provide relevant guidance and suggestions for organizations in various industries."In the big trend of digital transformation, the rate of business innovation largely depends on whether organizations have newer and agile information systems," said Nan Wang, software senior analyst, IDC China. "As an evolution of traditional development methods, low-code development gets a lot of attention from enterprises due to its efficiency, flexibility, openness, and general use. According to IDC, China's low-code software market size was around US$200 million in 2021, and the market size is expected to expand by about five times to over US$1 billion by 2025, with great potential for growth in the future," he adds.

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