Global Low-Code Development Platform Market Is Projected To Grow At A CAGR Of Over 28.5%

Home » Industry Update » Global Low-Code Development Platform Market Is Projected To Grow At A CAGR Of Over 28.5%
Automation and Process Control

The latest market report published by Credence Research, Inc. is “Global Low-Code Development Platform Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Low-Code Development Platform Market generated revenue of around USD 15.8 billion in 2021 and is anticipated to grow a CAGR of over 28.5% during the forecast period from 2022 to 2028 to reach around USD 71.13 billion in 2028.

Low-code is a visual application development method that employs the abstraction principle. Low-code platforms come with simple visual builders, pre-written code snippets, report and form templates, and built-in connections, enabling quicker application development and opening the possibility of innovation to a wider range of individuals. Complex activities have been gradually simplified through technology and visual aids. Through graphical user interfaces and declarative programming, they make it possible for anyone to develop application software. The growing need for digitalization in various business processes and the increasing demand for software developers to perform IT operations in the rapidly changing business environments is driving the global low-code development platform market.

Browse Global Low-Code Development Platform Market report-https://www.credenceresearch.com/report/low-code-development-platform-market

The global low-code development platform market is bifurcated into Component, Application Type, Organization Size, Industry, and Geography. Based on components, the market is divided into platforms and services. Based on the application type, the global market is segmented into web-based, mobile-based, and desktop & server-based. Based on the organization size, the market is categorized into small & medium-sized enterprises (SMEs) and large enterprises. Based on the industry, the market is categorized into BFSI, retail and eCommerce, government and defense, healthcare, IT, energy and utilities, manufacturing, and others (education, transportation & logistics, and media & entertainment). The market is categorized geographically into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

North America dominated the low-code development platform market in 2021 due to increasing digital technology adoption, early adoption of advanced technologies, and major low-code development platform providers in the region. The United States and Canada both have robust economies and are expected to contribute significantly to the growth of the low-code development platform market during the forecast period.

Why to Buy This Report-

  • The report examines the global low-code development platform market by segment, current trends, drivers, restraints, opportunities, challenges, and market dynamics from 2016 to 2020, with 2021 as the base year and 2022-2028 as the projected period.
  • The report includes information on the competitive landscape, such as how the market’s key players operate at the global, regional, and country levels.
  • In-depth analysis of the global low-code development platform market segmentation by component, application type, organization size, and industry.
  • The report contains comprehensive and authentic data for all factors, including CAGR, supply and demand, import-export statistics, consumer purchasing trends, and others.
  • The low-code development platform market report includes global, regional, and country-level market analysis, key market trends, major players analysis, market growth strategies, and key application areas.

The Global Low-Code Development Platform Market is Segmented into:

ATTRIBUTEDETAILS
Research Period2016-2028
Base Year2021
Forecast Period2022 – 2028
Historical Year2016 – 2021
UnitUSD Billion
Segmentation By Component (2016–2028; US$ Bn)
 By Application Type  (2016–2028; US$ Bn)
 By Organization Size (2016–2028; US$ Bn)
 By Industry (2016–2028; US$ Bn)
 By Geography Segment (2016–2028; US$ Bn)
Automation and Process Control

Headless Compression Screws Market

Published Date: Sept 2023
Category: Automation & Process Control
Report ID: 60855
Report Format: PDF
No of Pages: 190

Automation and Process Control

U.S. Navi Lens Technology Market

Published Date: Sept 2023
Category: Automation & Process Control
Report ID: 61357
Report Format: PDF
No of Pages: 225

 

Automation and Process Control

Ice-Cream Processing Equipment Market

Published Date: Sept 2023
Category: Automation & Process Control
Report ID: 61095
Report Format: PDF
No of Pages: 218

Automation and Process Control

Network Processing Unit (NPU) Market

Published Date: Sep 2023
Category: Automation & Process Control
Report ID: 61334
Report Format: PDF
No of Pages: 230

Automation and Process Control

United States Aerial Equipment Market

Published Date: Sept 2023
Category: Machinery and Equipment
Report ID: 62099
Report Format: PDF
No of Pages: 230

Automotive and Transportation

Multihead Weighers Market

Published Date: Aug 2023
Category: Automation & Process Control
Report ID: 59910
Report Format: PDF
No of Pages: 240

Automation and Process Control

Vibrating Screen Market

Published Date: Aug 2023
Category: Automation & Process Control
Report ID: 59929
Report Format: PDF
No of Pages: 241

Automation and Process Control

E-Commerce Software And Platform Market

Published Date: August 2023
Category: Automation & Process Control
Report ID: 62056
Report Format: PDF
No of Pages: 243

Information and Communications Technology

North America Automated Material Handling Systems Market

Published Date: July 2023
Category: Automation & Process Control
Report ID: 61327
Report Format: PDF
No of Pages: 248

Automation and Process Control

Europe HVAC Market

Published Date: July 2023
Category: Automation & Process Control
Report ID: 61321
Report Format: PDF
No of Pages: 235

Automation and Process Control

Floating Wind Turbines Market

Published Date: July 2023
Category: Automation & Process Control
Report ID: 59796
Report Format: PDF
No of Pages: 225

Automation and Process Control

Industrial Burners Market

Published Date: June 2023
Category: Automation & Process Control
Report ID:59242
Report Format: PDF
No of Pages: 120

– Trusted By –

Pepsi, LG, Nestle
Motorola, Honeywell, Johnson and Jonson
LG Chem, SIEMENS, Pfizer
Uniliveer, Samsonite, QIAGEN
WhatsApp Now