Global Low-code Technology in Insurance Market Growth (Status and Outlook) 2024-2030
Low-code technology in insurance refers to the use of platforms that allow users to develop applications with minimal hand-coding, using visual development environments and pre-built components. This technology enables insurance companies to quickly create and deploy applications, automate processes, and improve customer experiences without the need for extensive programming skills.
The global Low-code Technology in 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 Technology in Insurance Industry Forecast” looks at past sales and reviews total world Low-code Technology in Insurance sales in 2022, providing a comprehensive analysis by region and market sector of projected Low-code Technology in Insurance sales for 2023 through 2029. With Low-code Technology in 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 Technology in Insurance industry.
This Insight Report provides a comprehensive analysis of the global Low-code Technology in 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 Technology in 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 Technology in Insurance market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Low-code Technology in 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 Technology in Insurance.
United States market for Low-code Technology in 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 Technology in 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 Technology in 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 Technology in 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 Technology in 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.