Global Low-Code Application Development Platform Market

Global Low-Code Application Development Platform Market Size, Trends & Analysis - Forecasts to 2026 By Component (Platform, Services), By Application (Web based, Mobile bases, Desktop & Service Based), By Deployment Type (On-Premises, Cloud), By Organization Size (Large Enterprises, Small & Medium Sized Enterprises), By Industry (BFSI, Retail & E-commerce, Government & Defense, HealthCare, Information & technology, Energy & Utilities, Manufacturing, Others), By Region (North America, Europe, Asia Pacific and Rest of the World); Vendor Landscape, End User Landscape and Company Market Share Analysis & Competitor Analysis

Category Electronics, Semiconductors and Information & Communication Technology

Format

This report was recently updated on April 13 2024 with the latest and most recent market numbers

Low-Code Application Development Platform Market Insights

The global low-code application development platform market is estimated to witness a high CAGR during the forecast period (2020-2026). The growing need of digitalization along with maturity of agile DevOps practices are expected to fuel the market growth for low-code development platform over the coming years. The increasing need for rapid customization and scalability, elimination of IT backlogs, and growing demand for robust solutions are some of the major factors expected to propel the market growth for low-code application development platform during the forecast period. Low-code application development platform (LCADP) helps organizations to overcome the shortage of technical developers. Growing demand from different industries such as BFSI, IT, energy and utilities, and manufacturing among others are expected to propel the market growth. However, dependency on vendor supplied customization and software upgradation are likely to hamper the market growth for low-code application development platform during the forecast period.

Low-Code Application Development Platform Market Size: By Application Type

On the basis of application type, the global low-code application development platform market is segmented into web-based, mobile based and desktop & serviced based. The water-based segment is expected to grow at a high CAGR during the forecast period. Web-based application is considered as a face of an organization and by using the low-code development platform organizations can roll out user-defined web-based applications quickly. Growing adoption of web-based application among end users is also driving the market growth. Instead of writing the programming language for the development of web-based applications, employees with less development experience can also create sophisticated applications. These are some of the major factors driving the market growth for web-based segment.

Low-Code Application Development Platform Market Size: By Deployment

On the basis of deployment type, the market is segmented into on premise, and cloud. Cloud based segment is expected to hold the largest market share in the low code application development platform market during the forecast period. Cloud based systems make better use of technology and enable the sharing of infrastructure among end users. Cloud based deployment offers greater level of scalability, reducing the ongoing cost of implementation and continual development. The cloud deployment mode offers web-based management and enterprise-class protection for endpoints. It allows users to deploy endpoint protection without the need for an IT staff to manage the software. These are some of the major benefits expected to drive the adoption of cloud based systems across verticals. On-Premise segment is expected to grow at a significant CAGR during the forecast period. On-premises deployment mode offers high speed, scalability, flexibility, and security among others. On-premise solution offers total control over the software as all the data is stored internally and the data is more secured compared to cloud deployment.

Low-Code Application Development Platform Market Size: By End User

Based on end user, the low-code application development platform market is segmented into BFSI, retail and ecommerce, government and defense, healthcare, IT, energy and utilities, and manufacturing among others. BFSI segmented is expected to grow at a significant market share and also the market is projected to grow at a high CAGR during the forecast period. The BFSI industry requires market services and platform on a large-scale due to the large information produced across these organizations. BFSI organizations have implemented low-code development platform and services to improve the automation in the customer service business functions. The industry is also involved in developing and introducing new and improved financial products and services to enhance its business operations. These are some of the major factors driving the market growth for BFSI segment.

Low-Code Application Development Platform Market Size: By Region

On the basis of region, the global low-code application development platform market is segmented into North America, Europe, Asia Pacific, Middle East Africa and Central & South America. North America region is expected to hold the largest market share during the forecast period. Presence of several prominent market players including Salesforce, Microsoft, Appian, Oracle, and Pegasystems among others are driving the market growth in the region. The significant research and development (R&D) activities, partnerships, and acquisitions and mergers are the major factors for the deployment of low-code development platform and services in the region.

Low-Code Application Development Platform Market Share & Competitor Analysis

Some of the key players operating in the Low-Code Application Development Platform market are Salesforce, Microsoft, Appian, Oracle, Pegasystems, Magic Software Enterprises, AgilePoint, OutSystems, Zoho, Quick Base, LANSA, Fujitsu RunMyProcess, Netcall, WaveMaker, and K2 among others.

Please note: This is not an exhaustive list of companies profiled in the report.

In March 2020, Deloitte and Appian announced a strategic alliance to help modernize mission systems for its clients within commercial, federal civilian, defense, and state and local government agencies.

In March 2020, Appian launched the latest version of the Appian Low-code Automation Platform. The new version delivers material business impact with unified, flexible, and fast enterprise automation.

Check the Press Release on Global Low-Code Application Development Platform Market Report

Low-Code Development Platform Market: By Organization Size

Introduction
1. Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
Small and Medium-Sized Enterprises
1. Small and Medium-Sized Enterprises: Low-Code Development Platform Market, 2020-2026 (USD Million)
Large Enterprises
1. Large Enterprises: Low-Code Development Platform Market, 2020-2026 (USD Million)

Low-Code Development Platform Market: By Component

Introduction
1. Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
Platform
1. Platform: Low-Code Development Platform Market, 2020-2026 (USD Million)
Services
1. Services: Low-Code Development Platform Market, 2020-2026 (USD Million)

Low-Code Development Platform Market: By Application Type

Introduction
1. Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
Mobile-Based
1. Mobile-Based: Low-Code Development Platform Market, 2020-2026 (USD Million)
Desktop and Server-Based
1. Desktop and Server-Based: Low-Code Development Platform Market, 2020-2026 (USD Million)
Web-Based
1. Web-Based: Low-Code Development Platform Market, 2020-2026 (USD Million)

Low-Code Development Platform Market: By Deployment Mode

Introduction
1. Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
On-Premises
1. On-Premises: Low-Code Development Platform Market, 2020-2026 (USD Million)
Cloud
1. Cloud: Low-Code Development Platform Market, 2020-2026 (USD Million)

Low-Code Development Platform Market: By Industry

Introduction
1. Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
Retail and E-Commerce
1. Retail and E-Commerce: Low-Code Development Platform Market, 2020-2026 (USD Million)
Information and Technology
1. Information and Technology: Low-Code Development Platform Market, 2020-2026 (USD Million)
Energy and Utilities
1. Energy and Utilities: Low-Code Development Platform Market, 2020-2026 (USD Million)
BFSI
1. BFSI: Low-Code Development Platform Market, 2020-2026 (USD Million)
Manufacturing
1. Manufacturing: Low-Code Development Platform Market, 2020-2026 (USD Million)
Government and Defense
1. Government and Defense: Low-Code Development Platform Market, 2020-2026 (USD Million)
Healthcare
1. Healthcare: Low-Code Development Platform Market, 2020-2026 (USD Million)
Others
1. Others: Low-Code Development Platform Market, 2020-2026 (USD Million)

Low-Code Development Platform Market: By Region

Introduction
1. Global Low-Code Development Platform Market, Regional Analysis, 2020-2026 (USD Million)
North America
1. North America Low-Code Development Platform Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Organization Size
    1. North America Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
  2. By Component
    1. North America Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
  3. By Application Type
    1. North America Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
  4. By Deployment Mode
    1. North America Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
  5. By Industry
    1. North America Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
  6. By Country
    1. U.S
      1. By Organization Size
        
        U.S Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
      2. By Component
        
        U.S Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
      3. By Application Type
        
        U.S Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
      4. By Deployment Mode
        
        U.S Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
      5. By Industry
        
        U.S Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
    2. Canada.
      1. By Organization Size
        
        Canada Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
      2. By Component
        
        Canada Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
      3. By Application Type
        
        Canada Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
      4. By Deployment Mode
        
        Canada Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
      5. By Industry
        
        Canada Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
    3. Mexico
      1. By Organization Size
        
        Mexico Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
      2. By Component
        
        Mexico Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
      3. By Application Type
        
        Mexico Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
      4. By Deployment Mode
        
        Mexico Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
      5. By Industry
        
        Mexico Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
Europe
1. Europe Low-Code Development Platform Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Organization Size
    1. Europe Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
  2. By Component
    1. Europe Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
  3. By Application Type
    1. Europe Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
  4. By Deployment Mode
    1. Europe Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
  5. By Industry
    1. Europe Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
  6. By Country
    1. Germany
      1. By Organization Size
        
        Germany Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
      2. By Component
        
        Germany Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
      3. By Application Type
        
        Germany Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
      4. By Deployment Mode
        
        Germany Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
      5. By Industry
        
        Germany Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
    2. UK
      1. By Organization Size
        
        UK Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
      2. By Component
        
        UK Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
      3. By Application Type
        
        UK Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
      4. By Deployment Mode
        
        UK Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
      5. By Industry
        
        UK Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
    3. France
      1. By Organization Size
        
        France Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
      2. By Component
        
        France Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
      3. By Application Type
        
        France Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
      4. By Deployment Mode
        
        France Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
      5. By Industry
        
        France Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
    4. Italy
      1. By Organization Size
        
        Italy Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
      2. By Component
        
        Italy Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
      3. By Application Type
        
        Italy Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
      4. By Deployment Mode
        
        Italy Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
      5. By Industry
        
        Italy Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
    5. Rest Of Europe
      1. By Organization Size
        
        Rest Of Europe Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
      2. By Component
        
        Rest Of Europe Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
      3. By Application Type
        
        Rest Of Europe Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
      4. By Deployment Mode
        
        Rest Of Europe Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
      5. By Industry
        
        Rest Of Europe Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
Asia Pacific
1. Asia Pacific Low-Code Development Platform Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Organization Size
    1. Asia Pacific Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
  2. By Component
    1. Asia Pacific Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
  3. By Application Type
    1. Asia Pacific Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
  4. By Deployment Mode
    1. Asia Pacific Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
  5. By Industry
    1. Asia Pacific Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
  6. By Country
    1. China
      1. By Organization Size
        
        China Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
      2. By Component
        
        China Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
      3. By Application Type
        
        China Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
      4. By Deployment Mode
        
        China Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
      5. By Industry
        
        China Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
    2. Japan
      1. By Organization Size
        
        Japan Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
      2. By Component
        
        Japan Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
      3. By Application Type
        
        Japan Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
      4. By Deployment Mode
        
        Japan Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
      5. By Industry
        
        Japan Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
    3. India
      1. By Organization Size
        
        India Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
      2. By Component
        
        India Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
      3. By Application Type
        
        India Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
      4. By Deployment Mode
        
        India Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
      5. By Industry
        
        India Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
2. Central & South America
  1. Central & South America Low-Code Development Platform Market, Regional Analysis, 2020-2026 (USD Million)
    1. By Organization Size
      1. Central & South America Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
    2. By Component
      1. Central & South America Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
    3. By Application Type
      1. Central & South America Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
    4. By Deployment Mode
      1. Central & South America Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
    5. By Industry
      1. Central & South America Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
    6. By Country
      1. Brazil
        
        By Organization Size
        
        Brazil Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
        
        By Component
        
        Brazil Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
        
        By Application Type
        
        Brazil Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
        
        By Deployment Mode
        
        Brazil Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
        
        By Industry
        
        Brazil Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
3. Middle East & Africa
  1. Middle East & Africa Low-Code Development Platform Market, Regional Analysis, 2020-2026 (USD Million)
    1. By Organization Size
      1. Middle East & Africa Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
    2. By Component
      1. Middle East & Africa Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
    3. By Application Type
      1. Middle East & Africa Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
    4. By Deployment Mode
      1. Middle East & Africa Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
    5. By Industry
      1. Middle East & Africa Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
    6. By Country
      1. Saudi Arabia
        
        By Organization Size
        
        Saudi Arabia Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
        
        By Component
        
        Saudi Arabia Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
        
        By Application Type
        
        Saudi Arabia Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
        
        By Deployment Mode
        
        Saudi Arabia Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
        
        By Industry
        
        Saudi Arabia Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)
      2. UAE
        
        By Organization Size
        
        UAE Low-Code Development Platform Market, By Organization Size, 2020-2026 (USD Million)
        
        By Component
        
        UAE Low-Code Development Platform Market, By Component, 2020-2026 (USD Million)
        
        By Application Type
        
        UAE Low-Code Development Platform Market, By Application Type, 2020-2026 (USD Million)
        
        By Deployment Mode
        
        UAE Low-Code Development Platform Market, By Deployment Mode, 2020-2026 (USD Million)
        
        By Industry
        
        UAE Low-Code Development Platform Market, By Industry, 2020-2026 (USD Million)

The global Low-Code Application Development Platform Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Low-Code Application Development Platform Market.

Low-Code Application Development Platform Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Low-Code Application Development Platform Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

Low-Code Application Development Platform Market