Need help finding what you are looking for?
Contact Us
PUBLISHER: Grand View Research | PRODUCT CODE: 1404941
PUBLISHER: Grand View Research | PRODUCT CODE: 1404941
Low-code Development Platform Market Size, Share & Trends Analysis Report By Application Type (Web-based, Mobile-based), By Deployment Type (Cloud, On-premise), By Organization Size, By End-use, By Region, And Segment Forecasts, 2023 - 2030
PUBLISHED:
PAGES: 171 Pages
DELIVERY TIME: 2-10 business days
SELECT AN OPTION
Low-Code Development Platform Market Growth & Trends:
The global low-code development platform market size is expected to reach USD 35.22 billion by 2030, expanding at a compound annual growth rate (CAGR) of 22.9% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth can majorly be attributed to the increasing digitization within the industry, coupled with the growing prevalence of BYOD (bring-your-own-device). The progress of Industry 4.0 and the shift toward digital workplaces leveraging innovative technologies present substantial growth opportunities for the low-code development platform sector.
Businesses around the world are actively seeking digital avenues to engage with their user and customer base and these businesses are increasingly adopting low-code development platforms to streamline the rapid creation of intricate web applications. The onset of the COVID-19 pandemic has positively impacted the market growth owing to the high demand for such platforms since the pandemic forced millions to learn and work from home.
The growth is being further driven by the continuous technological advancements introduced by the market players. For instance, in September 2023, Salesforce, Inc. announced the launch of its new Einstein 1 Platform which features significant advancements to both the Salesforce Data Cloud and Einstein AI capabilities. These developments are built on Salesforce, Inc.'s foundational metadata framework, making the Einstein 1 Platform a dependable AI solution for businesses. This platform allows companies to securely integrate diverse data sources, enabling the creation of AI-driven applications with low-code and the delivery of entirely fresh CRM experiences.
Low-Code Development Platform Market Report Highlights:
- Based on application, the web-based segment is expected to witness a CAGR of over 22.0% from 2023 to 2030 primarily due to the rising demand for low-code development platforms. These platforms facilitate application development with resource efficiency comparable to conventional development methods
- The growth of large enterprises has been robust, driven by their need to streamline and accelerate application development processes. These organizations are increasingly adopting low-code solutions to enhance agility and cost-efficiency in software development, paving the way for significant market expansion
- Based on end-use, the IT & telecom segment accounted for a revenue share of close to 21.0% in 2022 driven by a growing demand within these industries to streamline their operations and accelerate the development of applications
- The North American market was valued at nearly USD 2.0 billion in 2022 owing to the rising adoption of digital technologies, early adoption of advanced technologies, and the presence of prominent market players in the region
Product Code: GVR-4-68039-949-8
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definitions
- 1.3 Information Procurement
- 1.3.1 Information Analysis
- 1.3.2 Market Formulation & Data Visualization
- 1.3.3 Data Validation & Publishing
- 1.4 Research Scope And Assumptions
- 1.4.1 List Of Data Sources
Chapter 2 Executive Summary
- 2.1 Low-Code Development Platform Market Snapshot
- 2.2 Low-Code Development Platform - Segment Snapshot (1/2)
- 2.3 Low-Code Development Platform - Segment Snapshot (2/2)
- 2.4 Low-Code Development Platform - Competitive Landscape Snapshot
Chapter 3 Low-Code Development Platform Market Overview
- 3.1 Market Lineage Outlook
- 3.2 Value Chain Analysis
- 3.3 Market Dynamics
- 3.3.1 Market Driver Analysis
- 3.3.2 Market Restraint Analysis
- 3.3.3 Market Opportunity Analysis
- 3.4 Industry Analysis Tools
- 3.4.1 Porter's Analysis
- 3.4.2 Macroeconomic Analysis
- 3.5 Low-Code Development Platform Market - Technology Trends
- 3.6 Low-Code Development Platform Market - COVID-19 Impact Analysis
Chapter 4 Low-Code Development Platform Market: Application Estimates & Trend Analysis
- 4.1 Application Movement Analysis & Market Share, 2022 & 2030
- 4.2 Low-Code Development Platform Market Estimates & Forecast, By Application (USD Million)
- 4.2.1 Web-Based
- 4.2.2 Mobile-Based
Chapter 5 Low-Code Development Platform Market: Deployment Estimates & Trend Analysis
- 5.1 Deployment Movement Analysis & Market Share, 2022 & 2030
- 5.2 Low-Code Development Platform Market Estimates & Forecast, By Deployment (USD Million)
- 5.2.1 Cloud
- 5.2.2 On-Premise
Chapter 6 Low-Code Development Platform Market: Organization Size Estimates & Trend Analysis
- 6.1 Organization Size Movement Analysis & Market Share, 2022 & 2030
- 6.2 Low-Code Development Platform Market Estimates & Forecast, By Organization Size (USD Million)
- 6.2.1 SME
- 6.2.2 Large Enterprise
Chapter 7 Low-Code Development Platform Market: End-use Estimates & Trend Analysis
- 7.1 End-use Movement Analysis & Market Share, 2022 & 2030
- 7.2 Low-Code Development Platform Market Estimates & Forecast, By End-use (USD Million)
- 7.2.1 BFSI
- 7.2.2 Automotive & Manufacturing
- 7.2.3 Retail
- 7.2.4 Education
- 7.2.5 It & Telecom
- 7.2.6 Transportation & Logistics
- 7.2.7 Others
Chapter 8 Regional Estimates & Trend Analysis
- 8.1 Low-Code Development Platform Market: Regional Outlook
- 8.2 North America
- 8.2.1 North America Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.2.2 U.S.
- 8.2.2.1 U.S. Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.2.3 Canada
- 8.2.3.1 Canada Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.3 Europe
- 8.3.1 Europe Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.3.2 UK
- 8.3.2.1 UK Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.3.3 Germany
- 8.3.3.1 Germany Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.3.4 France
- 8.3.4.1 France Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.3.5 Italy
- 8.3.5.1 Italy Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.3.6 Spain
- 8.3.6.1 Spain Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.4.2 China
- 8.4.2.1 China Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.4.3 Japan
- 8.4.3.1 Japan Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.4.4 India
- 8.4.4.1 India Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.4.5 South Korea
- 8.4.5.1 South Korea Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.5 Latin America
- 8.5.1 Latin America Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.5.2 Brazil
- 8.5.2.1 Brazil Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.5.3 Mexico
- 8.5.3.1 Mexico Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.6 Middle East And Africa
- 8.6.1 Middle East And Africa Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.6.2 UAE
- 8.6.2.1 UAE Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.6.3 South Africa
- 8.6.3.1 South Africa Low-Code Development Platform Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Chapter 9 Low-Code Development Platform Market - Competitive Landscape
- 9.1 Recent Developments & Impact Analysis, By Key Market Participants
- 9.1.1 Appian
- 9.1.2 Creatio
- 9.1.3 Lansa
- 9.1.4 Mendix Technology Bv
- 9.1.5 Microsoft
- 9.1.6 Oracle
- 9.1.7 Outsystems
- 9.1.8 Pegasystems, Inc.
- 9.1.9 Quickbase
- 9.1.10 Salesforce, Inc.
- 9.1.11 ServiceNow
- 9.1.12 Zoho Corporation Pvt. Ltd.
- 9.2 Company Categorization
- 9.3 Participant's Overview
- 9.4 Financial Performance
- 9.5 Product Benchmarking
- 9.6 Company Market Positioning
- 9.7 Company Market Share Analysis, 2022
- 9.8 Company Heat Map Analysis
- 9.9 Strategy Mapping
- 9.9.1 Expansion/Divestiture
- 9.9.2 Mergers & Acquisition
- 9.9.3 Collaborations/Partnerships
- 9.9.4 New Product Launches
- 9.9.5 Investments
Product Code: GVR-4-68039-949-8
List of Tables
- Table 1 Low-Code Development Platform market - Key market driver impact
- Table 2 Key market restraint/challenges impact
- Table 3 Key market opportunity impact
- Table 4 Global Low-Code Development Platform Market Revenue Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- Table 5 Global Low-Code Development Platform Market Revenue Estimates and Forecast, By Deployment, 2018 - 2030 (USD Million)
- Table 6 Global Low-Code Development Platform Market Revenue Estimates and Forecast, By Organization Size, 2018 - 2030 (USD Million)
- Table 7 Global Low-Code Development Platform Market Revenue Estimates and Forecast, By End-use, 2018 - 2030 (USD Million)
- Table 8 Recent Developments & Impact Analysis, By Key Market Participants
- Table 9 Company Heat Map Analysis
- Table 10 Key Companies undergoing expansions/divestitures.
- Table 11 Key Companies Involved in M&As
- Table 12 Key Companies Undergoing Collaborations.
- Table 13 Key Companies launching new products.
- Table 14 Key Companies Adopting Investment.
List of Figures
- Fig. 1 Low-Code Development Platform Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation and Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Snapshot
- Fig. 7 Segment Snapshot (1/3)
- Fig. 8 Segment Snapshot (2/3)
- Fig. 9 Competitive Landscape Snapshot
- Fig. 10 Low-Code Development Platform - Industry Value Chain Analysis
- Fig. 11 Market Dynamics
- Fig. 12 Low-Code Development Platform Market: PORTER's Analysis
- Fig. 13 Low-Code Development Platform Market: MACROECONOMIC Analysis
- Fig. 14 Low-Code Development Platform Market, by Application: Key Takeaways
- Fig. 15 Low-Code Development Platform Market, by Application: Market Share, 2022 & 2030
- Fig. 16 Low-Code Development Platform Market, by Deployment: Key Takeaways
- Fig. 17 Low-Code Development Platform Market, by Deployment: Market Share, 2022 & 2030
- Fig. 18 Low-Code Development Platform Market, by Organization Size: Key Takeaways
- Fig. 19 Low-Code Development Platform Market, by Organization Size: Market Share, 2022 & 2030
- Fig. 20 Low-Code Development Platform Market, by End-use: Key Takeaways
- Fig. 21 Low-Code Development Platform Market, by End-use: Market Share, 2022 & 2030
- Fig. 22 Low-Code Development Platform Market Revenue by Region, 2022 & 2030 (USD Million)
- Fig. 23 Regional marketplace: Key takeaways
- Fig. 24 North America Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 25 U.S. Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 26 Canada Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 27 Europe Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 28 UK Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 29 Germany Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 30 France Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 31 Italy Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 32 Spain Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 33 Asia Pacific Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 34 China Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 35 Japan Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 36 South Korea Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 37 India Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 38 Latin America Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 39 Brazil Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 40 Mexico Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 41 Middle East and Africa Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 42 UAE Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 43 South Africa Low-Code Development Platform market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 44 Key Company Categorization
- Fig. 45 Company Market Positioning
- Fig. 46 Company Market Share Analysis, 2022
- Fig. 47 Strategic Framework
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.