PUBLISHER: Value Market Research | PRODUCT CODE: 1481758
PUBLISHER: Value Market Research | PRODUCT CODE: 1481758
The global demand for No-code AI Platform Market is presumed to reach the market size of nearly USD 41.99 Billion by 2032 from USD 4.02 Billion in 2023 with a CAGR of 29.78% under the study period 2024-2032.
A no-code AI platform is a software tool or platform that enables users to build and deploy artificial intelligence (AI) applications and solutions without extensive coding or programming knowledge. These platforms provide intuitive graphical interfaces, drag-and-drop functionalities, and pre-built AI models and algorithms, allowing users to create custom AI applications using visual components and workflows. It democratizes AI development and deployment, enabling business users, citizen developers, and subject matter experts to harness the power of AI for various use cases, such as predictive analytics, natural language processing, image recognition, and process automation.
The increasing demand for AI-driven solutions across industries is creating a need for accessible and user-friendly tools that enable non-technical users to leverage the power of artificial intelligence. No-code AI platforms democratize AI development by eliminating the need for coding skills, allowing business users, domain experts, and citizen data scientists to construct and deploy machine learning models without relying on traditional programming methods. This democratization of AI empowers organizations to accelerate innovation, drive operational efficiency, and gain competitive advantage by leveraging AI-driven insights and automation. Additionally, the rising complexity of data analysis tasks and the shortage of skilled data scientists and AI engineers drive market growth.
Moreover, the growing trend towards digital transformation and the adoption of cloud-based technologies facilitate the deployment and scalability of no-code AI platforms, enabling organizations to rapidly adapt to shifting market dynamics and customer needs. Furthermore, the integration of no-code AI platforms with existing business applications and workflows, such as enterprise resource planning, customer relationship management, and marketing automation systems, enhances their usability and interoperability, driving market expansion. Additionally, advancements in AI technology, such as computer vision, natural language processing (NLP), and predictive analytics, are expanding the use cases and capabilities across industries, from finance & healthcare to manufacturing and retail. However, the emergence of alternative low-code and traditional programming platforms may challenge the market growth in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of No-code AI Platform. The growth and trends of No-code AI Platform industry provide a holistic approach to this study.
This section of the No-code AI Platform market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the No-code AI Platform market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the No-code AI Platform market include Amazon.Com. Inc., Microsoft, Google LLC, Apple Inc., Caspio Inc., DataRobot Inc., Clarifai Inc., Quickbase Inc., Levity AI GmbH, Akkio Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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