Low-Code Development Platform Market by Product Type, Distribution Channel, End User 2024-2032

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Global Low-Code Development Platform Market
Research and Forecast Report 2024-2032

• Format PDFEXCEL

2023 IMARC All Rights Reserved
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About IMARC Group

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Report Highlight and Description

• According to the latest report by IMARC Group,
  titled "Low-Code Development Platform Market
  Global Industry Trends, Share, Size, Growth,
  Opportunity and Forecast 2024-2032," the global
  low-code development platform market size reached
  US 20.4 Billion in 2023.
• Factors Affecting the Growth of the Low-Code
  Development Platform Industry
• Rapid Application Development
• Low-code development platforms have increased in
  popularity due to their ability to accelerate the
  application development process. Traditional
  software development methods often involve
  lengthy coding processes, testing, and debugging,
  which can significantly extend project timelines.
  However, low-code platforms provide pre-built
  templates, drag-and-drop interfaces, and visual
  development tools that streamline the development
  cycle.
• By reducing the need for manual coding,
  developers can quickly prototype, iterate, and
  deploy applications, resulting in faster
  time-to-market and increased agility. These
  platforms empower both professional developers
  and citizen developers with varying levels of
  coding expertise to collaborate on projects
  efficiently. Citizen developers, who may lack
  extensive programming skills, can leverage
  low-code platforms to contribute to application
  development projects alongside experienced
  developers.

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Report Highlight and Description

• Cost-Efficiency and Resource Optimization
• Another significant driver of the low-code
  development platform market is its potential to
  reduce development costs and optimize resource
  utilization. Traditional software development
  often requires substantial investments in skilled
  developers, infrastructure, and licensing fees
  for development tools and frameworks.
• In contrast, low-code platforms offer a
  cost-effective alternative by minimizing the need
  for extensive coding expertise and infrastructure
  investments. By leveraging visual development
  tools, reusable components, and pre-built
  integrations, organizations can significantly
  reduce development time and labor costs.
  Additionally, the scalability and flexibility of
  low-code platforms enable businesses to allocate
  resources more efficiently, optimizing workforce
  productivity and project delivery timelines.
• Increased Demand for Digital Transformation
• The growing demand for digital transformation
  initiatives across industries is a significant
  driver propelling the low-code development
  platform market forward. In this rapidly evolving
  business landscape, organizations face mounting
  pressure to modernize their processes, systems,
  and consumer experiences to stay competitive.

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Report Highlight and Description

• Whether it is automating manual tasks, enhancing
  consumer engagement, or optimizing operational
  efficiency, digital transformation is essential
  for driving growth and innovation. Low-code
  development platforms play a pivotal role in
  enabling digital transformation initiatives by
  empowering organizations to build and deploy
  custom applications rapidly. With the flexibility
  to address diverse use cases, from legacy system
  modernization to IoT solutions, low-code
  platforms offer a versatile toolkit for driving
  innovation across the enterprise.
• Request for a PDF sample of this report
  https//www.imarcgroup.com/low-code-development-pl
  atform-market/requestsample

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Report Description

• Global Low-Code Development Platform Market
  Trends
• Another driving force behind the low-code
  development platform market is the emphasis on
  enhanced collaboration and the rise of citizen
  development. Low-code platforms facilitate
  collaboration between IT professionals, business
  users, and citizen developers by providing
  intuitive visual interfaces and simplified
  development processes.
• This collaborative approach fosters
  cross-functional teamwork, accelerates project
  delivery, and enables non-technical users to
  contribute to application development, expanding
  the talent pool and promoting innovation within
  organizations. Other than this, the market for
  low-code development platforms is propelled by
  the need to address the widening skills gap in
  the software development industry. With a
  shortage of skilled developers worldwide,
  organizations are turning to low-code platforms
  to bridge this gap and empower employees with
  varying levels of technical expertise to
  participate in application development.
• View Report TOC, Figures and Tables
  https//www.imarcgroup.com/low-code-development-pl
  atform-market/requestsample

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Report Segmentation

• Breakup by Deployment Mode
• Cloud-based
• On-premises
• Breakup by Organization Size
• Small and Medium-sized Enterprises
• Large Enterprises
• Breakup by Application
• Web-based
• Mobile-based
• Desktop and Server-based
• Breakup by Industry Vertical
• BFSI

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Report Segmentation

• Retail and E-commerce
• Government and Defense
• Healthcare
• Information Technology
• Energy and Utilities
• Manufacturing
• Others
• Breakup by Region
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

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Competitive Landscape with Key Players

• AgilePoint Inc.
• Appian Corporation
• Magic Software Enterprises Ltd.
• Mendix Technology BV (Siemens Aktiengesellschaft)
• Microsoft Corporation
• Netcall PLC
• Oracle Corporation
• Outsystems Inc.
• Pegasystems Inc.
• Salesforce Inc.
• ServiceNow Inc.
• Zoho Corporation

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Key Questions Answered in the Report
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Key Questions Answered in the Report
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Table of Contents

• 1    Preface2 Scope and Methodology
• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
• 2.3.1 Primary Sources
• 2.3.2 Secondary Sources
• 2.4 Market Estimation
• 2.4.1 Bottom-Up Approach
• 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology
• 3 Executive Summary
• 4 Global Low-Code Development Platform Market-
  Introduction
• 4.1 Overview
• 4.2 Market Dynamics
• 4.3 Industry Trends
• 4.4 Competitive Intelligence
• 5 Global Low-Code Development Platform Market
  Landscape
• 5.1 Historical and Current Market Trends
  (2018-2023)
• 5.2 Market Forecast (2024-2032)

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Table of Contents

• 6.2.3 Market Segmentation
• 6.2.4 Market Forecast (2024-2032)
• 6.3 Attractive Investment Proposition by
  Deployment Mode
• 7 Global Low-Code Development Platform Market-
  Breakup by Organization Size
• 7.1 Small and Medium-sized Enterprises
• 7.1.1 Overview
• 7.1.2 Historical and Current Market Trends
  (2018-2023)
• 7.1.3 Market Segmentation
• 7.1.4 Market Forecast (2024-2032)
• 7.2 Large Enterprises
• 7.2.1 Overview
• 7.2.2 Historical and Current Market Trends
  (2018-2023)
• 7.2.3 Market Segmentation
• 7.2.4 Market Forecast (2024-2032)
• 7.3 Attractive Investment Proposition by
  Organization Size
• 8 Global Low-Code Development Platform Market-
  Breakup by Application
• 8.1 Web-based
• 8.1.1 Overview
• 8.1.2 Historical and Current Market Trends
  (2018-2023)

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Partial List of Clients
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Partial List of Clients
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