Global Low-code Development Platform Market Size study, by Application Type, By Deployment Type, By Organization Size by End-use and Regional Forecasts 2022-2028

Description

List of Tables

Global Low-code Development Platform Market is valued approximately USD 5.5 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 22.9% over the forecast period 2022-2028. A low-code development platform offers a development environment for creating application software using a graphical user interface. A low-coded platform may generate fully functional apps or may need further coding for certain scenarios. The increase can be attributed to enterprises' rising interest in digital transformation and automation of their business operations. The rising necessity for solutions to automate company activities to be deployed quickly has opened the path for the adoption of low-code development platforms. These platforms provide building pieces that business users and IT developers may utilise to assemble into workflows and applications without the need for hand-coding. The growing customer preference for low-code development has necessitated the development of better methods for scaling apps and educating users, whether professional developers or company employees, about these solutions. Pegasystems Inc., for example, announced new Pega Platform templates, services, and training courses in May 2022 to assist citizen developers in quickly and effectively creating low-code apps. Low-code platforms are becoming an important aspect of current cloud platforms in many enterprises, allowing them to improve their strategy while reducing cost and complexity. Mendix on IBM Cloud, App Maker on Google Cloud Platforms, and PowerApps on Microsoft are some well-known low-code platforms from major public cloud providers. However, Dependency on vendor supplied customization impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Low-code Development Platform Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America emerged as the market leader due to the region's strong presence of many prominent businesses that are primarily focused on the creation of new goods. With the rising inclusion of low-code platforms in the area, particularly in China, Asia Pacific is predicted to achieve the greatest CAGR from 2022 to 2030. Several local suppliers across all main sectors are leveraging these platforms to expedite application delivery, grow developer taskforces, reduce operational costs, and boost innovation. Mendix, for example, is utilised by a number of Chinese enterprises, including CIMC Vehicles, SAIC Motor, and Maxnerva Technology Services.

Major market players included in this report are:

Appian

Creatio

LANSA

Mendix Technology BV

Microsoft

Oracle

OutSystems

Pegasystems Inc.

Quickbase

Salesforce, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application Type:

Web-based

Mobile-based

By Deployment Type:

Cloud

On-Premise

By Organization Size:

SME

Large Enterprise

By End-use:

BFSI

Automotive & Manufacturing

Retail

Education

IT & Telecom

Transportation & Logistics

Others

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Low-code Development Platform Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Low-code Development Platform Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Low-code Development Platform Market, by Application Type, 2020-2028 (USD Billion)
- 1.2.3. Low-code Development Platform Market, by Deployment Type, 2020-2028 (USD Billion)
- 1.2.4. Low-code Development Platform Market, by Organization Size, 2020-2028 (USD Billion)
- 1.2.5. Low-code Development Platform Market, by End Use, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Low-code Development Platform Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Low-code Development Platform Market Dynamics

3.1. Low-code Development Platform Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growing interest of organizations toward digital transformation and automation of their business processes.
  - 3.1.1.2. Increasing consumer proclivity toward low-code development
- 3.1.2. Market Challenges
  - 3.1.2.1. Dependency on vendor supplied customization
- 3.1.3. Market Opportunities
  - 3.1.3.1. Technological improvements in Low-code Development Platform

Chapter 4. Global Low-code Development Platform Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Low-code Development Platform Market, by Application Type

6.1. Market Snapshot
6.2. Global Low-code Development Platform Market by Application Type, Performance - Potential Analysis
6.3. Global Low-code Development Platform Market Estimates & Forecasts by Application Type 2018-2028 (USD Billion)
6.4. Low-code Development Platform Market, Sub Segment Analysis
- 6.4.1. Web-based
- 6.4.2. Mobile-based

Chapter 7. Global Low-code Development Platform Market, by Deployment Type

7.1. Market Snapshot
7.2. Global Low-code Development Platform Market by Deployment Type, Performance - Potential Analysis
7.3. Global Low-code Development Platform Market Estimates & Forecasts by Deployment Type 2018-2028 (USD Billion)
7.4. Low-code Development Platform Market, Sub Segment Analysis
- 7.4.1. Cloud
- 7.4.2. On-Premise

Chapter 8. Global Low-code Development Platform Market, by Organization Size

8.1. Market Snapshot
8.2. Global Low-code Development Platform Market by Organization Size, Performance - Potential Analysis
8.3. Global Low-code Development Platform Market Estimates & Forecasts by Organization Size 2018-2028 (USD Billion)
8.4. Low-code Development Platform Market, Sub Segment Analysis
- 8.4.1. SME
- 8.4.2. Large Enterprise

Chapter 9. Global Low-code Development Platform Market, by End use

9.1. Market Snapshot
9.2. Global Low-code Development Platform Market by End Use, Performance - Potential Analysis
9.3. Global Low-code Development Platform Market Estimates & Forecasts by End Use 2018-2028 (USD Billion)
9.4. Low-code Development Platform Market, Sub Segment Analysis
- 9.4.1. BFSI
- 9.4.2. Automotive & Manufacturing
- 9.4.3. Retail
- 9.4.4. Education
- 9.4.5. IT & Telecom
- 9.4.6. Transportation & Logistics
- 9.4.7. Others

Chapter 10. Global Low-code Development Platform Market, Regional Analysis

10.1. Low-code Development Platform Market, Regional Market Snapshot
10.2. North America Low-code Development Platform Market
- 10.2.1. U.S. Low-code Development Platform Market
  - 10.2.1.1. Application Type breakdown estimates & forecasts, 2018-2028
  - 10.2.1.2. Deployment Type breakdown estimates & forecasts, 2018-2028
  - 10.2.1.3. Organization Size breakdown estimates & forecasts, 2018-2028
  - 10.2.1.4. End Use breakdown estimates & forecasts, 2018-2028
- 10.2.2. Canada Low-code Development Platform Market
10.3. Europe Low-code Development Platform Market Snapshot
- 10.3.1. U.K. Low-code Development Platform Market
- 10.3.2. Germany Low-code Development Platform Market
- 10.3.3. France Low-code Development Platform Market
- 10.3.4. Spain Low-code Development Platform Market
- 10.3.5. Italy Low-code Development Platform Market
- 10.3.6. Rest of Europe Low-code Development Platform Market
10.4. Asia-Pacific Low-code Development Platform Market Snapshot
- 10.4.1. China Low-code Development Platform Market
- 10.4.2. India Low-code Development Platform Market
- 10.4.3. Japan Low-code Development Platform Market
- 10.4.4. Australia Low-code Development Platform Market
- 10.4.5. South Korea Low-code Development Platform Market
- 10.4.6. Rest of Asia Pacific Low-code Development Platform Market
10.5. Latin America Low-code Development Platform Market Snapshot
- 10.5.1. Brazil Low-code Development Platform Market
- 10.5.2. Mexico Low-code Development Platform Market
10.6. Rest of The World Low-code Development Platform Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. Company Profiles
- 11.2.1. Appian
  - 11.2.1.1. Key Information
  - 11.2.1.2. Overview
  - 11.2.1.3. Financial (Subject to Data Availability)
  - 11.2.1.4. Application Type Summary
  - 11.2.1.5. Recent Developments
- 11.2.2. Creatio
- 11.2.3. LANSA
- 11.2.4. Mendix Technology BV
- 11.2.5. Microsoft
- 11.2.6. Oracle
- 11.2.7. OutSystems
- 11.2.8. Pegasystems Inc.
- 11.2.9. Quickbase
- 11.2.10. Salesforce, Inc.

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Low-code Development Platform Market, report scope
TABLE 2. Global Low-code Development Platform Market estimates & forecasts by Region 2018-2028 (USD Billion)
TABLE 3. Global Low-code Development Platform Market estimates & forecasts by Application Type 2018-2028 (USD Billion)
TABLE 4. Global Low-code Development Platform Market estimates & forecasts by Deployment Type 2018-2028 (USD Billion)
TABLE 5. Global Low-code Development Platform Market estimates & forecasts by Organization Size 2018-2028 (USD Billion)
TABLE 6. Global Low-code Development Platform Market estimates & forecasts by End Use 2018-2028 (USD Billion)
TABLE 7. Global Low-code Development Platform Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 8. Global Low-code Development Platform Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 9. Global Low-code Development Platform Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 10. Global Low-code Development Platform Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 11. Global Low-code Development Platform Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 12. Global Low-code Development Platform Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 13. Global Low-code Development Platform Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 14. Global Low-code Development Platform Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 15. Global Low-code Development Platform Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 16. Global Low-code Development Platform Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 17. U.S. Low-code Development Platform Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 18. U.S. Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 19. U.S. Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 20. Canada Low-code Development Platform Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 21. Canada Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 22. Canada Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 23. UK Low-code Development Platform Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 24. UK Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 25. UK Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 26. Germany Low-code Development Platform Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 27. Germany Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 28. Germany Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 29. RoE Low-code Development Platform Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 30. RoE Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 31. RoE Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 32. China Low-code Development Platform Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 33. China Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 34. China Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 35. India Low-code Development Platform Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 36. India Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 37. India Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 38. Japan Low-code Development Platform Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 39. Japan Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 40. Japan Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 41. RoAPAC Low-code Development Platform Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 42. RoAPAC Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 43. RoAPAC Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 44. Brazil Low-code Development Platform Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 45. Brazil Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 46. Brazil Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 47. Mexico Low-code Development Platform Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 48. Mexico Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 49. Mexico Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 50. RoLA Low-code Development Platform Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 51. RoLA Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 52. RoLA Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 53. Row Low-code Development Platform Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 54. Row Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 55. Row Low-code Development Platform Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 56. List of secondary sources, used in the study of global Low-code Development Platform Market
TABLE 57. List of primary sources, used in the study of global Low-code Development Platform Market
TABLE 58. Years considered for the study
TABLE 59. Exchange rates considered

LIST OF FIGURES

List of figures

FIG 1. Global Low-code Development Platform Market, research methodology
FIG 2. Global Low-code Development Platform Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Low-code Development Platform Market, key trends 2021
FIG 5. Global Low-code Development Platform Market, growth prospects 2022-2028
FIG 6. Global Low-code Development Platform Market, porters 5 force model
FIG 7. Global Low-code Development Platform Market, pest analysis
FIG 8. Global Low-code Development Platform Market, value chain analysis
FIG 9. Global Low-code Development Platform Market by segment, 2018 & 2028 (USD Billion)
FIG 10. Global Low-code Development Platform Market by segment, 2018 & 2028 (USD Billion)
FIG 11. Global Low-code Development Platform Market by segment, 2018 & 2028 (USD Billion)
FIG 12. Global Low-code Development Platform Market by segment, 2018 & 2028 (USD Billion)
FIG 13. Global Low-code Development Platform Market by segment, 2018 & 2028 (USD Billion)
FIG 14. Global Low-code Development Platform Market, regional snapshot 2018 & 2028
FIG 15. North America Low-code Development Platform Market 2018 & 2028 (USD Billion)
FIG 16. Europe Low-code Development Platform Market 2018 & 2028 (USD Billion)
FIG 17. Asia pacific Low-code Development Platform Market 2018 & 2028 (USD Billion)
FIG 18. Latin America Low-code Development Platform Market 2018 & 2028 (USD Billion)
FIG 19. Global Low-code Development Platform Market, company Market share analysis (2021)