Low-Code Development Platform Market size was valued at USD 22.04 Bn. in 2022 and the total Low-Code Development Platform revenue is expected to grow at 27.8% from 2023 to 2029, reaching nearly USD 122.75 Bn.
Low-Code Development Platform Market Overview
The research on the Low-Code Development Platform market is based on the detailed dynamics the Low-Code Development Platform market. The report covers market revenue forecasts at global, regional and segment, and national levels. External & internal factors affecting the market were deeply analysed. Industry rivalry for predicted periods and individual firm valuations, are all included in Low-Code Development Platform market research.
Low-Code Development Platform Market Report Scope and Research Methodology
The report is a comprehensive analysis of the complementary and Low-Code Development Platform market by region, segment and competitive landscape. The report covers the current trends prevailing in the market & changing consumer preferences towards the industry in the upcoming years helping the companies identify investment pockets and opportunities in the Low-Code Development Platform market. Sales forecasting is the main highlight of the report.
The report is equipped with a competitive analysis of the complementary and Low-Code Development Platform market players. Key players and new entrants in the complementary and Low-Code Development Platform are listed together to provide a thorough analysis. The complementary and Low-Code Development Platform was analysed by region, revenue, financial status, portfolio, current problems associated with technological advancement adopted, and mergers and acquisitions. The new entrants in Complementary and Low-Code Development Platform & the customers were researched for growth prospects and future business outlooks.. Bottom-up approach was used to estimate the complementary and Low-Code Development Platform size.
Low-Code Development Platform Market Regional Insights
The Regional Analysis in the report helps to understand the Low-Code Development Platform market in various countries. The report includes a detailed analysis of the market potential & industry rivalry in all the regions: :
- North America
- Europe,
- Asia Pacific
- Latin America,
- Middle East, and Africa.
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Low-Code Development Platform Market Segmentation:
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)
Due to the increasing requirement to digitise financial services such as origination, client onboarding, self-service, back office operations, and so on, the BFSI category maintained the greatest revenue share of more than 30% in 2022. They are becoming more interested in low-code development platforms in order to improve user experiences, reduce operational costs, increase organisational agility, and reduce time to market.
Low-Code Development Platform Market Key Players:
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)
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Key questions answered in the Low-Code Development Platform Market are:
- What is Low-Code Development Platform ?
- What are the factors driving the Low-Code Development Platform Market growth?
- What are the factors are limiting the Low-Code Development Platform Market growth?
- What was the Low-Code Development Platform market size in 2021?
- Which trends are expected to generate additional revenue for the Low-Code Development Platform market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Low-Code Development Platform Market?
- What growth strategies are the players considering to increase their foothold in the Low-Code Development Platform Market?
- Who held the largest market share in the Low-Code Development Platform Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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