PUBLISHER: IDC | PRODUCT CODE: 1618923
PUBLISHER: IDC | PRODUCT CODE: 1618923
This IDC study provides worldwide market share data for the low-code, no-code, and intelligent developer technologies market for the calendar year 2023."Generative AI technologies have catalyzed a new wave of innovation within the space of developer technologies," said Arnal Dayaratna, research vice president, Software Development at IDC. "Generative AI is disruptively transforming the traditional development stack by foregrounding the importance of technologies such as foundation models, development frameworks that specialize in interacting with foundation models, and SDKs that are designed to optimize accelerated compute infrastructures such as GPUs, TPUs, NPUs, and CPUs. Meanwhile, AI coding assistants are rapidly gaining market traction and becoming a table stakes attribute of contemporary developer experience. In addition, low-code and no-code development platforms are rapidly evolving to support the needs of developers to create intelligent developer technologies. As a result, the low-code, no-code, and intelligent developer technologies landscape is experiencing exceptional and unprecedented market growth across all industry verticals, organizations, and geographies."