Global Low-Code Development Platform Market Overview and Forecast

The global Low-Code Development Platform market was valued at US$ 28.16 Bn in 2023 and is projected to reach US$ 156.84 Bn. by 2030, growing at a CAGR of 27.8% during the forecast period.

Market Overview

This comprehensive study aims to provide an in-depth analysis of the Low-Code Development Platform market segmented by component, application, industry, and geography. The research delves into the key drivers propelling market growth and offers a detailed examination of the market's value chain.

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Market Scope

The research methodology begins with secondary research, utilizing sources that collect revenue data from key suppliers. Market segmentation is calculated considering vendor offerings. The overall market size was determined using the bottom-up approach, based on the revenues of significant companies.

Drivers

The report identifies the major drivers and restraints influencing the Low-Code Development Platform market. These factors are thoroughly covered to provide a clear understanding of market dynamics.

Segmentation

For segmentation details

by Component

Solution
Services

by Deployment Mode

On-Premises
Cloud

by Application Type

Web-Based
Mobile-Based

by Organization Size

Small And Medium-Sized Enterprises (SMEs)
Large Enterprises

by Industry

Banking, Financial Services, And Insurance (BFSI)
Telecom And IT
Government
Energy And Utilities
Manufacturing
Healthcare And Life Sciences
Retail And Ecommerce
Media And Entertainment
Education
Others (Travel And Tourism, And Transportation And Logistics)

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Key Players

The report includes analysis of major players in the Low-Code Development Platform market, such as: 

1. Caspio (US)
2. OutSystems (US)
3. Appian (US)
4. Salesforce (US)
5. Quickbase, Inc. (US)
6. LANSA INC (US)
7. ServiceNow (US)
8. AgilePoint, Inc. (US)
9. Bizagi (US)
10.Microsoft Corporation (US)
11.Oracle Corporation (US)
12.Pegasystems Inc (US)
13.KissFlow (US)
14.Blazedpath (US)
15.Mendix Technology BV (Netherlands)
16.Appsemble BV. (Netherlands)
17.Novulo (Netherlands)
18.Smart Shaped SRL (Italy)
19.Aurachain (Romania)
20.ClickPaas (China)
21.eNextCloud (India)
22.Zoho Corporation (India)
23.Magic Software Enterprises Ltd (Israel)

Regional Analysis

Market share statistics for global regions, including North America, Europe, Asia-Pacific, the Middle East, Africa, and South America, are available individually. Analysts at Maximize conduct competitive strength assessments and analysis for each competitor.

COVID-19 Impact Analysis on Low-Code Development Platform Market

The COVID-19 pandemic has affected various industries such as aerospace and defense, agriculture, automotive, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, and financial services. The report analyzes the impact of COVID-19 on the Low-Code Development Platform market, including the growth rate in 2019-2020, and provides insights for businesses navigating the pandemic.

Key Questions Answered in the Low-Code Development Platform Market Report

• Which segment captured the largest market share in the Low-Code Development Platform market?
• What was the competitive landscape of the Low-Code Development Platform market in 2020?
• What are the key factors driving the growth of the Low-Code Development Platform market?
• Which region held the largest market share in the Low-Code Development Platform market in 2020?

About Maximize Market Research

Maximize Market Research is a versatile market research and consulting firm with expertise in various industries including medical devices, pharmaceuticals, engineering, electronic components, industrial equipment, technology, automotive, chemicals, general merchandise, beverages, personal care, and automated systems. Our services include market-verified industry estimations, technical trend analysis, strategic advice, competitive analysis, production and demand analysis, and client impact studies.

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