The Global Low-Code Development Platform market spurring market growth to reduce IT expenditure and improves information structure
The global low-code development market has the potential to grow with USD 48.2 billion with bolstering CAGR in the forecast period from 2020-2027. The emerging penetration of smartphones, growing web, and mobile-based apps are propelling the market share of the global low-code development market.
The low-code development field has very significant market potential. Most global companies are digitizing their businesses. They are using software to simplify operations, establish new distribution channels, improve customer experience, and create new products and services.
Additionally, the low-code development platform also simplifies the integration and application of other applications and cloud services. Therefore, the adoption of a low-code development platform helps in acquiring the needs of today's enterprises for high efficiency and agility.
Moreover, low-code development tools will further enhance the functions of programming and expansion, provide convenience for connecting various hardware devices, build a bridge between enterprise software and intelligent hardware, and help the industrial internet land quickly.
Component overview in the Global Low-Code Development Platform Market
Based on the component, the global low-code development platform market categorized into Platform and Services. The services segment accounted for the largest share in the global low-code development platform market. It is due to the rising adoption of integrated services by IT companies to replace coding or reduce the writing process. It helps in understanding the technical work quickly for non-technical employees and, thus, improves the functions of the companies.
Application Type overview in the Global Low-Code Development Platform Market
Based on the application type, the global low-code development platform market segmented into Web-based, Mobile-based, Desktop, and Server-based. The web-based segment generated the most significant revenue in recent years, and it expected that it would remain at the same level during the low-code development platform market forecast. The growth is attributed to the adoption of smartphones, penetration of the internet, and the need for low-code development. It helps in maintaining the friendly user interface and provide better functions.
Organization Type overview in the Global Low-Code Development Market
Based on the organization size, the global low-code development platform market bifurcated into SMEs and Large Enterprises. Large enterprise dominates the market of low-code development platform automation in the forecast period from 2020-2027. Large-scale enterprises adopt various software solutions to reduce the risk associated with infrastructure, security risk, and also reduce the cost of IT services. Thus, large enterprises are bolstering the market demand for the global low-code development market.
End-Use overview in the Global Low-Code Development Platform Market
Based on the end-use, the global low-code development platform market classified into BFSI, Retail and eCommerce, Government and Defense, Healthcare, IT, Energy and Utilities, Manufacturing, Others. The BFSI segment accounts for the largest share in the global low-code development platform market and will continue to grow in the forecast period from 2020-2027. It owes to enhance the functions and operations of the bank and provide better financial solutions and services to the customer are raising the need for the global low-code development platform.
Region overview in the Global Low-Code Development Platform Market
Based on geography, the global low-code development platform market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America region is bolstering the market share for the global low-code development platform. It is mainly due to the changing technology; the adoption of various software solutions to reduce the hardware functions is deriving the market growth of the North American market.
Global Low-Code Development Platform Market: Competitive Landscape
Companies such as Salesforce, Microsoft, Appian, Oracle, Pegasystems, Magic Software Enterprises, AgilePoint, OutSystems, Zoho, Quick Base, LANSA, Fujitsu RunMyProcess, Netcall, WaveMaker, K2 and others key players in the global low-code development platform market.
Global Low-Code Development Platform Market Report Content 1. Research Strategic Development 1.1. Market Modelling 1.2. Product Analysis 1.3. Market Trend and Economic Factors Analysis 1.4. Market Segmental Analysis 1.5. Geographical Mapping 1.6. Country Wise Segregation 2. Research Methodology 2.1. Identification of Target Market 2.2. Data Acquisition 2.3. Refining of Data/ Data Transformations 2.4. Data Validation through Primary Techniques 2.5. Exploratory Data Analysis 2.6. Graphical Techniques/Analysis 2.7. Quantitative Techniques/Analysis 2.8. Visual Result/Presentation 3. Executive Summary 4. Market Insights 4.1. Economic Factor Analysis 4.1.1. Drivers 4.1.2. Trends 4.1.3. Opportunities 4.1.4. Challenges 4.2. Competitors & Product Analysis 4.3. Regulatory Framework 4.4. Company market share analysis, 2019 4.5. Porter's Five forces analysis 4.6. New Investment Analysis 4.7. PESTEL Analysis 5. Global Low-Code Development Platform Market Overview 5.1. Market Size & Forecast, 2016-2027 5.1.1. Demand 5.1.1.1. By Value (USD Million) 5.2. Market Share & Forecast, 2016-2027 5.2.1. By Component 5.2.1.1. Platform 5.2.1.2. Services 5.2.2. By Application 5.2.2.1. Web-based 5.2.2.2. Mobile-based 5.2.2.3. Desktop and Server-based 5.2.3. By Organization Size 5.2.3.1. Small and Medium-Sized Enterprises (SMEs) 5.2.3.2. Large Enterprises 5.2.4. By Industry 5.2.4.1. BFSI 5.2.4.2. Retail and eCommerce 5.2.4.3. Government and Defense 5.2.4.4. Healthcare 5.2.4.5. IT 5.2.4.6. Energy and Utilities 5.2.4.7. Manufacturing 5.2.4.8. Others 5.2.5. By Region 5.2.5.1. Europe 5.2.5.2. North America 5.2.5.3. Asia Pacific 5.2.5.4. South America 5.2.5.5. Middle East & Africa 6. Europe Low-Code Development Platform Market Overview 6.1. Europe Low-Code Development Platform Market Size & Forecast, 2016-2027 6.1.1. Demand 6.1.1.1. By Value (USD Million) 6.2. Europe Low-Code Development Platform Market Share & Forecast, 2016-2027 6.2.1. By Component 6.2.1.1. Platform 6.2.1.2. Services 6.2.2. By Application 6.2.2.1. Web-based 6.2.2.2. Mobile-based 6.2.2.3. Desktop and Server-based 6.2.3. By Organization Size 6.2.3.1. Small and Medium-Sized Enterprises (SMEs) 6.2.3.2. Large Enterprises 6.2.4. By Industry 6.2.4.1. BFSI 6.2.4.2. Retail and eCommerce 6.2.4.3. Government and Defense 6.2.4.4. Healthcare 6.2.4.5. IT 6.2.4.6. Energy and Utilities 6.2.4.7. Manufacturing 6.2.4.8. Others 6.2.5. By Country 6.2.5.1. Germany 6.2.5.2. UK 6.2.5.3. France 6.2.5.4. Italy 6.2.5.5. Rest of Europe 6.2.6. Company Market Share (Top 3-5) 6.2.7. Economic Impact Study on Europe Low-Code Development Platform Market 7. North Low-Code Development Platform Market Overview 7.1. North America Low-Code Development Platform Market Size & Forecast, 2016-2027 7.1.1. Demand 7.1.1.1. By Value (USD Million) 7.2. North America Low-Code Development Platform Market Share & Forecast, 2016-2027 7.2.1. By Component 7.2.1.1. Platform 7.2.1.2. Services 7.2.2. By Application 7.2.2.1. Web-based 7.2.2.2. Mobile-based 7.2.2.3. Desktop and Server-based 7.2.3. By Organization Size 7.2.3.1. Small and Medium-Sized Enterprises (SMEs) 7.2.3.2. Large Enterprises 7.2.4. By Industry 7.2.4.1. BFSI 7.2.4.2. Retail and eCommerce 7.2.4.3. Government and Defense 7.2.4.4. Healthcare 7.2.4.5. IT 7.2.4.6. Energy and Utilities 7.2.4.7. Manufacturing 7.2.4.8. Others 7.2.5. By Country 7.2.5.1. US 7.2.5.2. Canada 7.2.5.3. Mexico 7.2.6. Company Market Share (Top 3-5) 7.2.7. Economic Impact Study on North America Low-Code Development Platform Market 8. Asia Pacific Low-Code Development Platform Market Overview 8.1. Asia Pacific Low-Code Development Platform Market Size & Forecast, 2016-2027 8.1.1. Demand 8.1.1.1. By Value (USD Million) 8.2. Asia Pacific Low-Code Development Platform Market Share & Forecast, 2016-2027 8.2.1. By Component 8.2.1.1. Platform 8.2.1.2. Services 8.2.2. By Application 8.2.2.1. Web-based 8.2.2.2. Mobile-based 8.2.2.3. Desktop and Server-based 8.2.3. By Organization Size 8.2.3.1. Small and Medium-Sized Enterprises (SMEs) 8.2.3.2. Large Enterprises 8.2.4. By Industry 8.2.4.1. BFSI 8.2.4.2. Retail and eCommerce 8.2.4.3. Government and Defense 8.2.4.4. Healthcare 8.2.4.5. IT 8.2.4.6. Energy and Utilities 8.2.4.7. Manufacturing 8.2.4.8. Others 8.2.5. By Country 8.2.5.1. China 8.2.5.2. India 8.2.5.3. Japan 8.2.5.4. Australia 8.2.5.5. Rest of Asia Pacific 8.2.6. Company Market Share (Top 3-5) 8.2.7. Economic Impact Study on Asia Pacific Low-Code Development Platform Market 9. South America Low-Code Development Platform Market Overview 9.1. South America Low-Code Development Platform Market Size & Forecast, 2016-2027 9.1.1. Demand 9.1.1.1. By Value (USD Million) 9.2. South America Low-Code Development Platform Market Share & Forecast, 2016-2027 9.2.1. By Component 9.2.1.1. Platform 9.2.1.2. Services 9.2.2. By Application 9.2.2.1. Web-based 9.2.2.2. Mobile-based 9.2.2.3. Desktop and Server-based 9.2.3. By Organization Size 9.2.3.1. Small and Medium-Sized Enterprises (SMEs) 9.2.3.2. Large Enterprises 9.2.4. By Industry 9.2.4.1. BFSI 9.2.4.2. Retail and eCommerce 9.2.4.3. Government and Defense 9.2.4.4. Healthcare 9.2.4.5. IT 9.2.4.6. Energy and Utilities 9.2.4.7. Manufacturing 9.2.4.8. Others 9.2.5. By Country 9.2.5.1. Brazil 9.2.5.2. Argentina 9.2.5.3. Rest of South America 9.2.6. Company Market Share (Top 3-5) 9.2.7. Economic Impact Study on South America Low-Code Development Platform Market 10. Middle East & Africa Low-Code Development Platform Market Overview 10.1. Middle East & Africa Low-Code Development Platform Market Size & Forecast, 2016-2027 10.1.1. Demand 10.1.1.1. By Value (USD Million) 10.2. Middle East & Africa Low-Code Development Platform Market Share & Forecast, 2016-2027 10.2.1. By Component 10.2.1.1. Platform 10.2.1.2. Services 10.2.2. By Application 10.2.2.1. Web-based 10.2.2.2. Mobile-based 10.2.2.3. Desktop and Server-based 10.2.3. By Organization Size 10.2.3.1. Small and Medium-Sized Enterprises (SMEs) 10.2.3.2. Large Enterprises 10.2.4. By Industry 10.2.4.1. BFSI 10.2.4.2. Retail and eCommerce 10.2.4.3. Government and Defense 10.2.4.4. Healthcare 10.2.4.5. IT 10.2.4.6. Energy and Utilities 10.2.4.7. Manufacturing 10.2.4.8. Others 10.2.5. By Country 10.2.5.1. Saudi Arabia 10.2.5.2. UAE 10.2.5.3. South Africa 10.2.5.4. Rest of Middle East & Africa 10.2.6. Company Market Share (Top 3-5) 10.2.7. Economic Impact Study on Middle East & Africa Low-Code Development Platform Market 11. Competitor Analysis 11.1. Company Description 11.2. Financial Analysis 11.3. Key Products 11.4. Key Management Personnel 11.5. Contact Address 11.6. SWOT Analysis 11.7. Company Profile 11.7.1.1. Salesforce 11.7.1.2. Microsoft 11.7.1.3. Appian 11.7.1.4. Oracle 11.7.1.5. Pegasystems 11.7.1.6. Magic Software Enterprises 11.7.1.7. AgilePoint 11.7.1.8. OutSystems 11.7.1.9. Zoho 11.7.1.10. Quick Base 11.7.1.11. LANSA 11.7.1.12. Fujitsu RunMyProcess 11.7.1.13. Netcall 11.7.1.14. WaveMaker 11.7.1.15. K2 11.7.1.16. Other players
| Price : US$ 3500 | Date : Nov 2024 |
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