Rapid Application Development Market by Component, Type, Business Function, Deployment, Organization Size, Industry Vertical

List of Tables

The Rapid Application Development Market is projected to reach USD 76.15 billion by 2030 from USD 27.70 billion in 2022, at a CAGR of 13.47% during the forecast period.

Global Rapid Application Development Market

KEY MARKET STATISTICS
Base Year Value [2022]	USD 27.70 billion
Estimated Year Value [2023]	USD 30.93 billion
Forecast Year Value [2030]	USD 76.15 billion
CAGR (%)	13.47%

Rapid Application Development Market - IMG1

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Rapid Application Development Market.

Based on Component, market is studied across Services and Tools. The Services is further studied across Managed Services and Professional Services. The Tools is further studied across Desktop-based, Mobile-based, Server-based, and Web-based. The Tools is projected to witness significant market share during forecast period.

Based on Type, market is studied across Low-Code Development Platforms and No-Code Development Platforms. The No-Code Development Platforms is projected to witness significant market share during forecast period.

Based on Business Function, market is studied across Finance, HR & Operations, IT, and Sales & Marketing. The IT is projected to witness significant market share during forecast period.

Based on Deployment, market is studied across Cloud and On-premises. The On-premises is projected to witness significant market share during forecast period.

Based on Organization Size, market is studied across Large Enterprises and Small & Medium-sized Enterprises. The Large Enterprises is projected to witness significant market share during forecast period.

Based on Industry Vertical, market is studied across BFSI, Education, Energy & Utilities, Government, Healthcare, IT & Telecommunications, Manufacturing & Automotive, Media & Entertainment, and Retail. The Government is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Rapid Application Development Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Rapid Application Development Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Rapid Application Development Market, highlighting leading vendors and their innovative profiles. These include Accenture PLC, Amazon Web Services, Inc., Appian Corporation, Appinventiv, Bitrix Infotech Pvt Ltd, Claris International Inc., Google, LLC, HokuApps Limited, International Business Machines Corporation, Kissflow Inc., LANSA by Idera, Inc., Mendix Technology B.V., Microsoft Corporation, Nintex Global Ltd., Oracle Corporation, Oro, Inc., OutSystems, Quickbase, Radzen Ltd., Salesforce, Inc., ServiceNow, Inc., Temenos Headquarters SA, Toobler Technologies, WaveMaker, Inc., and Zoho Corporation.

The report offers valuable insights on the following aspects:

1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.

2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.

3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.

4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.

5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast for the Rapid Application Development Market?

2. Which products, segments, applications, and areas hold the highest investment potential in the Rapid Application Development Market?

3. What is the competitive strategic window for identifying opportunities in the Rapid Application Development Market?

4. What are the latest technology trends and regulatory frameworks in the Rapid Application Development Market?

5. What is the market share of the leading vendors in the Rapid Application Development Market?

6. Which modes and strategic moves are suitable for entering the Rapid Application Development Market?

Product Code: MRR-69324464D12B

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Rapid Application Development Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Demand for rapid customization and scalability with higher flexibility
  - 5.1.1.2. Increasing focus on digital transformation and need for agile development solutions
  - 5.1.1.3. Growing adoption of cloud computing and software as a service
- 5.1.2. Restraints
  - 5.1.2.1. Requirement of highly skilled and trained professionals
- 5.1.3. Opportunities
  - 5.1.3.1. Introduction of advanced technologies and solutions for RAD
  - 5.1.3.2. Shift toward enterprise mobility and increasing development of applications
- 5.1.4. Challenges
  - 5.1.4.1. Challenges associated with coordinating multiple stakeholders and project limitations
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Rapid Application Development Market, by Component

6.1. Introduction
6.2. Services
- 6.3.1. Managed Services
- 6.3.2. Professional Services
6.3. Tools
- 6.4.1. Desktop-based
- 6.4.2. Mobile-based
- 6.4.3. Server-based
- 6.4.4. Web-based

7. Rapid Application Development Market, by Type

7.1. Introduction
7.2. Low-Code Development Platforms
7.3. No-Code Development Platforms

8. Rapid Application Development Market, by Business Function

8.1. Introduction
8.2. Finance
8.3. HR & Operations
8.4. IT
8.5. Sales & Marketing

9. Rapid Application Development Market, by Deployment

9.1. Introduction
9.2. Cloud
9.3. On-premises

10. Rapid Application Development Market, by Organization Size

10.1. Introduction
10.2. Large Enterprises
10.3. Small & Medium-sized Enterprises

11. Rapid Application Development Market, by Industry Vertical

11.1. Introduction
11.2. BFSI
11.3. Education
11.4. Energy & Utilities
11.5. Government
11.6. Healthcare
11.7. IT & Telecommunications
11.8. Manufacturing & Automotive
11.9. Media & Entertainment
11.10. Retail

12. Americas Rapid Application Development Market

12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States

13. Asia-Pacific Rapid Application Development Market

13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam

14. Europe, Middle East & Africa Rapid Application Development Market

14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom

15. Competitive Landscape

15.1. FPNV Positioning Matrix
15.2. Market Share Analysis, By Key Player
15.3. Competitive Scenario Analysis, By Key Player

16. Competitive Portfolio

16.1. Key Company Profiles
- 16.1.1. Accenture PLC
- 16.1.2. Amazon Web Services, Inc.
- 16.1.3. Appian Corporation
- 16.1.4. Appinventiv
- 16.1.5. Bitrix Infotech Pvt Ltd
- 16.1.6. Claris International Inc.
- 16.1.7. Google, LLC
- 16.1.8. HokuApps Limited
- 16.1.9. International Business Machines Corporation
- 16.1.10. Kissflow Inc.
- 16.1.11. LANSA by Idera, Inc.
- 16.1.12. Mendix Technology B.V.
- 16.1.13. Microsoft Corporation
- 16.1.14. Nintex Global Ltd.
- 16.1.15. Oracle Corporation
- 16.1.16. Oro, Inc.
- 16.1.17. OutSystems
- 16.1.18. Quickbase
- 16.1.19. Radzen Ltd.
- 16.1.20. Salesforce, Inc.
- 16.1.21. ServiceNow, Inc.
- 16.1.22. Temenos Headquarters SA
- 16.1.23. Toobler Technologies
- 16.1.24. WaveMaker, Inc.
- 16.1.25. Zoho Corporation
16.2. Key Product Portfolio

17. Appendix

17.1. Discussion Guide
17.2. License & Pricing