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Global Low-Code Development Platform Market: By Application Type: Web-based, Mobile-based, Desktop and Server-based; By Deployment Type: On-premise, Cloud; By Organisation Size; By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Low-Code Development Platform Market Outlook

The global low-code development platform market attained a value of about USD 16.98 billion in 2020. The market is further expected to grow at a CAGR of 25.26% during the forecast period of 2023-2028 to reach approximately USD 64.56 billion by 2026.

 

Global Low-Code Development Platform Market

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Low-Code Development Platform Deployed to Streamline Business Operations Boosting the Market Growth

The low-code development industry is a significant growth contributing segment of the overall IT industry. In the modern era, with technology taking over all business operations, low-code development is being increasingly utilised in particularly small and medium enterprises, owing to characteristics, such as enhanced speed, and low costs involved in the development process. With innovations in technology every day and the scarcity of an established IT network in small businesses, low-code technologies are being deployed to accelerate operations as a means of developing websites or applications for wide reach. This is expected to invigorate the market growth over the forecast period. Furthermore, low-code development software encourages increased business agility by allowing businesses to constantly renovate their applications due to its speedy nature and easy to operate characteristics. Furthermore, the versatility of low-code programming allows developers to access the software from the ease of smartphones or desktops, which further strengthens the industry growth in small enterprises.

 

Low-Code Development Platform: Market Segmentation

A low-code development platform is a method of providing building blocks to IT users to develop software with minimal coding. It offers a streamlined way to take control of the software development process and can be applied in a variety of end-use industries.

 

Global Low Code Development Platform Market by Segment

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On the basis of application, the market can be segmented into:

  • Web-based 
  • Mobile-based
  • Desktop and Server-based

The market, based on deployment type, can be divided into:

  • On-premise 
  • Cloud

Based on organisation size, the market can be categorised into:

  • Small and Medium Enterprises
  • Large Enterprises

On the basis of end use, the market segmentations include:

  • BFSI
  • Retail and E-commerce
  • Government and Defence 
  • Healthcare
  • Information Technology 
  • Energy and Utilities 
  • Manufacturing
  • Others

The EMR report looks into the regional markets of low-code development platform like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

 

Global Low Code Development Platform Market by Region

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Deployment of Low-Code Application in the Healthcare Sector to Augment the Market Growth

The healthcare industry around the world is flourishing owing to rapid technological advancements and government investments. A low-code development platform in the healthcare sector is deployed to streamline the data integration process to improve workflow efficiency and provide enhanced patient experience. The utilisation of low-code development cloud technology can significantly help in integrating patient information across various systems, thereby allowing healthcare providers to study the patient history and provide better treatment, thus fostering the industry growth.

In addition, low-code platforms are cost-effective in the sense that these platforms enable non-technical staff to operate the servers by eliminating the need to hire professional help, along with significant reductions in ownership costs.  Furthermore, low-code application platforms play a critical role in developing apps to meet the dynamics of technology by building mobile-friendly applications that can assist in virtual consultations while saving hospitalisation costs and provide a secure network for encrypted communication. Hence, the benefits of low-code development technology in the healthcare sector are increasingly augmenting the growth of the market.

 

Key Industry Players in the Global Low-Code Development Platform Market

The report presents a detailed analysis of the following key players in the global low-code development platform market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions.

  • Salesforce.com Inc.
  • Microsoft Corporation
  • Oracle Corporation
  • Appian Corporation
  • Zoho Corporation
  • Others

The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application Type, Deployment Type, Organisation Size, End Use, Region
Breakup by Application Type Web-based, Mobile-based, Desktop and Server-based
Breakup by Deployment Type  On-premise, Cloud
Breakup by Organisation Size Small and Medium Enterprises, Large Enterprises
Breakup by End Use BFSI, Retail and E-commerce, Government and Defence, Healthcare, Information Technology, Energy and Utilities, Manufacturing, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Salesforce.com Inc., Microsoft Corporation, Oracle Corporation, Appian Corporation, Zoho Corporation, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Low-Code Development Platform Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Low-Code Development Platform Historical Market (2018-2022) 
    8.3    Global Low-Code Development Platform Market Forecast (2023-2028)
    8.4    Global Low-Code Development Platform Market by Application Type
        8.4.1    Web-based 
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Mobile-based
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Desktop and Server-based
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
    8.5    Global Low-Code Development Platform Market by Deployment Type 
        8.5.1    On-premise
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Cloud
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
    8.6    Global Low-Code Development Platform Market by Organisation Size 
        8.6.1    Small and Medium Enterprises
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Large Enterprises 
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
    8.7    Global Low-Code Development Platform Market by End Use
        8.7.1    BFSI
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022)
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Retail and E-commerce
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022)
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Government and Defence 
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022)
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Healthcare
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022)
            8.7.4.3    Forecast Trend (2023-2028)
        8.7.5    Information Technology 
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2022)
            8.7.5.3    Forecast Trend (2023-2028)
        8.7.6    Energy and Utilities 
            8.7.6.1    Market Share
            8.7.6.2    Historical Trend (2018-2022)
            8.7.6.3    Forecast Trend (2023-2028)
        8.7.7    Manufacturing
            8.7.7.1    Market Share
            8.7.7.2    Historical Trend (2018-2022)
            8.7.7.3    Forecast Trend (2023-2028)
        8.7.8    Others
    8.8    Global Low-Code Development Platform Market by Region       
        8.8.1    North America
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2018-2022) 
            8.8.1.3    Forecast Trend (2023-2028)
        8.8.2    Europe
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2018-2022) 
            8.8.2.3    Forecast Trend (2023-2028)
        8.8.3    Asia Pacific
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2018-2022) 
            8.8.3.3    Forecast Trend (2023-2028)
        8.8.4    Latin America
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2018-2022) 
            8.8.4.3    Forecast Trend (2023-2028)
        8.8.5    Middle East and Africa
            8.8.5.1    Market Share
            8.8.5.2    Historical Trend (2018-2022) 
            8.8.5.3    Forecast Trend (2023-2028)
9    North America Low-Code Development Platform Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Low-Code Development Platform Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Low-Code Development Platform Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Low-Code Development Platform Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Low-Code Development Platform Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Salesforce.com Inc.
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Microsoft Corporation 
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3      Oracle Corporation 
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Appian Corporation
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Zoho Corporation 
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Low-Code Development Platform Market: Key Industry Highlights, 2018 and 2028
2.    Global Low-Code Development Platform Historical Market: Breakup by Application Type (USD Billion), 2018-2022
3.    Global Low-Code Development Platform Market Forecast: Breakup by Application Type (USD Billion), 2023-2028
4.    Global Low-Code Development Platform Historical Market: Breakup by Deployment Type (USD Billion), 2018-2022
5.    Global Low-Code Development Platform Market Forecast: Breakup by Deployment Type (USD Billion), 2023-2028
6.    Global Low-Code Development Platform Historical Market: Breakup by Organization Size (USD Billion), 2018-2022
7.    Global Low-Code Development Platform Market Forecast: Breakup by Organization Size (USD Billion), 2023-2028
8.    Global Low-Code Development Platform Historical Market: Breakup by End Use (USD Billion), 2018-2022
9.    Global Low-Code Development Platform Market Forecast: Breakup by End Use (USD Billion), 2023-2028
10.    Global Low-Code Development Platform Historical Market: Breakup by Region (USD Billion), 2018-2022
11.    Global Low-Code Development Platform Market Forecast: Breakup by Region (USD Billion), 2023-2028
12.    North America Low-Code Development Platform Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    North America Low-Code Development Platform Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Europe Low-Code Development Platform Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Europe Low-Code Development Platform Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Asia Pacific Low-Code Development Platform Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Asia Pacific Low-Code Development Platform Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Latin America Low-Code Development Platform Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Latin America Low-Code Development Platform Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    Middle East and Africa Low-Code Development Platform Historical Market: Breakup by Country (USD Billion), 2018-2022
21.    Middle East and Africa Low-Code Development Platform Market Forecast: Breakup by Country (USD Billion), 2023-2028
22.    Global Low-Code Development Platform Market Structure

Key Questions Answered in the Report

The global low-code development platform market attained a value of nearly USD 16.98 billion in 2020.

The market is projected to grow at a CAGR of 25.26% in the forecast period of 2023-2028.

The market is estimated to witness healthy growth in the forecast period of 2023-2028 to reach about USD 64.56 billion by 2026.

The market is being driven by deployment of low-code development applications in small enterprises to streamline business operations and by providing agility to operations and reduce operating costs.

The deployment of low-code development platform in the healthcare sector, owing to the requirement of managing a large patient database and reduce operational costs is aiding the growth of the market.

The major regional markets for low-code development platform are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

The major application types of low-code development platform are web-based, mobile-based, and desktop and server-based.

The industry based on type of deployment can be segmented into on-premise and cloud.

Low-code development platform can be utilised in small and medium enterprises, and large enterprises.

The significant end uses of low-code development platform are BFSI, retail and e-commerce, government and defence, healthcare, information technology, energy and utilities, and manufacturing, among others.

The major players in the industry are Salesforce.com Inc., Microsoft Corporation, Oracle Corporation, Appian Corporation, and Zoho Corporation, among others.

Analyst Review

The global low-code development platform market attained a value of about USD 16.98 billion in 2020, driven by low costs and improved business agility due to the use of low-code development platform. Aided by the deployment of the product in small and medium organisations, the market is expected to grow at a CAGR of 25.26% in the forecast period of 2023-2028 to reach nearly USD 64.56 billion by 2026.

EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. The market, on the basis of application type, can be divided into web-based, mobile-based, and desktop and server-based. Based on deployment type, the market can be segmented into on-premise and cloud. On the basis of organisation size, the market can be divided into small and medium enterprises, and large enterprises. Based on end use, the market can be categorised into BFSI, retail and e-commerce, government and defence, healthcare, information technology, energy and utilities, and manufacturing, among others.  The major regional markets for low-code development platform are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. The key players in the industry are Salesforce.com Inc., Microsoft Corporation, Oracle Corporation, Appian Corporation, and Zoho Corporation, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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