PUBLISHER: The Business Research Company | PRODUCT CODE: 1499993
PUBLISHER: The Business Research Company | PRODUCT CODE: 1499993
App builder software is a digital tool or platform designed to empower users to create mobile applications without the need for coding expertise. It facilitates rapid prototyping, cost-effective development, cross-platform compatibility, and iterative improvements based on user feedback. The primary objective of app builder software is to democratize the app creation process, enabling individuals and organizations to easily and affordably build mobile apps tailored to their specific needs.
The main categories of app builder software products are cloud-based and on-premises solutions. Cloud-based carbon footprint management software, on the other hand, refers to a digital solution hosted on remote servers aimed at helping organizations measure, analyze, and reduce their greenhouse gas emissions to promote sustainable and environmentally conscious operations. These solutions encompass various types such as low-code development platforms and no-code development platforms, serving a wide range of applications including personal use, commercial use, and others.
The app builder software research report is one of a series of new reports from The Business Research Company that provides app builder software market statistics, including the app builder software industry's global market size, regional shares, competitors with an app builder software market share, detailed app builder software market segments, market trends and opportunities, and any further data you may need to thrive in the app builder software industry. This app builder software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The app builder software market size has grown rapidly in recent years. It will grow from $2.81 billion in 2023 to $3.26 billion in 2024 at a compound annual growth rate (CAGR) of 16.0%. The historical growth can be attributed to several factors including the increasing usage of mobile apps, a shortage of skilled developers, the demand for rapid prototyping, the empowerment of citizen developers, and the expansion of the app economy.
The app builder software market size is expected to see rapid growth in the next few years. It will grow to $5.94 billion in 2028 at a compound annual growth rate (CAGR) of 16.1%. The anticipated growth in the forecast period is expected to be driven by several factors including the expansion of the Internet of Things (IoT), a focus on digital transformation, the demand for customization and personalization, the shift towards remote work and collaboration, and the increasing usage of mobile apps. Key trends in the forecast period include the rise of no-code or low-code platforms, the integration of AI and machine learning, the expansion of cross-platform development, support for augmented reality (AR) and virtual reality (VR), as well as a focus on localization and internationalization.
The surge in mobile device usage is expected to drive the growth of the app builder software market in the foreseeable future. Mobile devices, including smartphones, tablets, and wearables, have become indispensable tools for wireless communication and computing on the go. This uptrend in mobile device prevalence stems from technological advancements, increased accessibility, affordability of smartphones, and the growing demand for connectivity and convenience. These devices serve as platforms for users to access and interact with software while on the move. App builder software facilitates this interaction by providing mobile applications or mobile-responsive web interfaces, enabling users to create and manage their apps directly from their smartphones or tablets. For example, a report by Uswitch Limited in February 2024 revealed that the UK had 71.8 million mobile connections, exceeding the country's population by 4.2 million. This represented a 3.8% increase from 2021, equivalent to approximately 2.6 million more connections. It is projected that by 2025, 95% of the UK's 68.3 million residents will be using smartphones. Thus, the growing prevalence of mobile devices is fueling the expansion of the app builder software market.
Key players in the app builder software market are concentrating on developing innovative solutions to cater to the increasing demand for customizable and user-friendly application development tools. One such solution is the no-code app builder, which enables users to create mobile applications without requiring traditional programming or coding skills. For instance, in August 2021, Wix.com Ltd., an Israel-based software company, introduced the Branded App By Wix, a no-code app builder that simplifies the process of crafting native apps through drag-and-drop functionality, eliminating the need for coding. Renowned for its user-friendly drag-and-drop website builder, Wix.com now extends its approach to app creation, empowering individuals and businesses to effortlessly expand their online presence.
In February 2021, SAP SE, a Germany-based software company, acquired AppGyver Oy for an undisclosed sum. Through this acquisition, SAP aims to offer a comprehensive suite of no-code tools, enhancing IT system adaptability and user experience through workflows, forms, robotic process automation, and lightweight case management. AppGyver Oy, a Finland-based software company specializing in app builder software and no-code development platforms, aligns with SAP's vision of providing innovative solutions to meet evolving market demands.
Major companies operating in the app builder software market are Pegasystems Inc., Zoho Corporation Pvt. Ltd., Appian Corporation, OutSystems, Quick Base Inc., Exadel Inc., Caspio Inc., Mendix, Betty Blocks, Appy Pie LLC, Quixy Inc., Kintone Corporation, Alpha Software Corporation, AppSheet, Bubble Group Inc, Thunkable Inc., Buildfire, GoodBarber, AppMakr Inc., Mobile Roadie Inc., Shoutem, Lumavate LLC.
North America was the largest region in the app builder software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the app builder software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the app builder software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The app builder software market includes revenues earned by entities by providing services such as drag-and-drop interface, pre-designed templates, integration with APIs (application programming interfaces) and services, cross-platform compatibility, preview and testing, analytics and reporting, app publishing, security features, customer support, and documentation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
App Builder Software Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on app builder software market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for app builder software ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The app builder software market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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