Global Low-code and No-code Platform Market Growth (Status and Outlook) 2024-2030
According to our LPI (LP Information) latest study, the global Low-code and No-code Platform market size was valued at US$ 25630 million in 2023. With growing demand in downstream market, the Low-code and No-code Platform is forecast to a readjusted size of US$ 128750 million by 2030 with a CAGR of 25.9% during review period.
The research report highlights the growth potential of the global Low-code and No-code Platform market. Low-code and No-code Platform are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Low-code and No-code Platform. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Low-code and No-code Platform market.
A low-code development platform refers to an app development platform that allows you to create business and mobile apps with little to no coding skills. They use a graphical UI with minimal logic and drag-and-drop capabilities instead of writing extensive lines of code. No-code development platforms allow you to create apps without writing a single line of code. This implies that anyone with no coding skills can build applications without any hassle. No-code platforms are related to low-code platforms closely as both of them aim to expedite app development. A no-code platform uses graphical user interfaces in addition to configurations rather than traditional programming languages. Both low-code and no-code platforms are becoming popular as they offer an easy and fast alternative to traditional development processes. And this is why founders with no formal coding skills and professional developers are using these platforms to meet their business demands to develop an app, automate processes, and boost digital transformation.
The low-code and no-code platform market is experiencing rapid expansion due to the demand for faster application development, the shortage of skilled developers, and the need for business agility and innovation. These platforms empower non-technical users to create applications, enabling organizations to accelerate their digital transformation initiatives and achieve competitive advantages. With the benefits of reduced development time, improved efficiency, and cost optimization, the low-code and no-code platform market is poised for substantial growth in the coming years.
Key Features:
The report on Low-code and No-code Platform market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Low-code and No-code Platform market. It may include historical data, market segmentation by Type (e.g., Low-code Platform, No-code Platform), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Low-code and No-code Platform market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Low-code and No-code Platform market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Low-code and No-code Platform industry. This include advancements in Low-code and No-code Platform technology, Low-code and No-code Platform new entrants, Low-code and No-code Platform new investment, and other innovations that are shaping the future of Low-code and No-code Platform.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Low-code and No-code Platform market. It includes factors influencing customer ' purchasing decisions, preferences for Low-code and No-code Platform product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Low-code and No-code Platform market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Low-code and No-code Platform market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Low-code and No-code Platform market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Low-code and No-code Platform industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Low-code and No-code Platform market.
Market Segmentation:
Low-code and No-code Platform market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Low-code Platform
No-code Platform
Segmentation by application
Global Corporations and Small Businesses
Government Agencies
Universities
Nonprofits
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.
Microsoft
Zoho Corporation Pvt. Ltd.
LANSA INC
Google
Knack
Salesforce
Snappii
Bubble Group
Michaels, Ross & Cole, ltd. (mrc)
Mendix Technology BV
Quickbase
Retool, Inc.
Airtable
Caspio
OutSystems
Appian Corporation
Oracle Corporation
Pegasystems Inc.
Appian
ServiceNow
AgilePoint
Bizagi
K2
MatsSoft Limited
Please note: The report will take approximately 2 business days to prepare and deliver.