Global Low-Code and No-Code (LCNC) Platforms for Insurance Market Growth (Status and Outlook) 2024-2030

Global Low-Code and No-Code (LCNC) Platforms for Insurance Market Growth (Status and Outlook) 2024-2030

Low-Code and No-Code (LCNC) platforms for insurance are development environments that enable the creation of software applications with minimal or no hand-coding. These platforms utilize visual development interfaces, drag-and-drop tools, pre-built templates, and components to streamline the development process. In the insurance industry, LCNC platforms help insurers accelerate digital transformation, enhance customer experience, and improve operational efficiency by enabling faster and more agile application development.

The global Low-Code and No-Code (LCNC) Platforms for Insurance market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LPI (LP Information)' newest research report, the “Low-Code and No-Code (LCNC) Platforms for Insurance Industry Forecast” looks at past sales and reviews total world Low-Code and No-Code (LCNC) Platforms for Insurance sales in 2022, providing a comprehensive analysis by region and market sector of projected Low-Code and No-Code (LCNC) Platforms for Insurance sales for 2023 through 2029. With Low-Code and No-Code (LCNC) Platforms for Insurance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Low-Code and No-Code (LCNC) Platforms for Insurance industry.

This Insight Report provides a comprehensive analysis of the global Low-Code and No-Code (LCNC) Platforms for Insurance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Low-Code and No-Code (LCNC) Platforms for Insurance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Low-Code and No-Code (LCNC) Platforms for Insurance market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Low-Code and No-Code (LCNC) Platforms for Insurance and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Low-Code and No-Code (LCNC) Platforms for Insurance.

United States market for Low-Code and No-Code (LCNC) Platforms for Insurance is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Low-Code and No-Code (LCNC) Platforms for Insurance is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Low-Code and No-Code (LCNC) Platforms for Insurance is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Low-Code and No-Code (LCNC) Platforms for Insurance players cover Pega, Appian, Newgen, Vitech, Majesco, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Low-Code and No-Code (LCNC) Platforms for Insurance market by product type, application, key players and key regions and countries.

Segmentation by Type:
Cloud Based
On-premises

Segmentation by Application:
SMEs
Large Enterprises

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Cloud Based
On-premises

Segmentation by Application:
SMEs
Large Enterprises

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Pega
Appian
Newgen
Vitech
Majesco
Mendix
OutSystems
ServiceNow
Unqork
Creatio
Solartis
Innoveo
Neutrinos
Adacta
BriteCore
Cogitate
Easysend
Evari
Instanda
Insurity
SpeedBuilder Systems

Please note: The report will take approximately 2 business days to prepare and deliver.