Low Code Development Platform Market Projected to Hit USD 125.3 Million at a 34.20% CAGR by 2030

Published February 10, 2023

Market Research Future Insights

According to MRFR analysis, the global Low Code Development Platform market is expected to register a CAGR of ~35.1% from 2022 to 2030 and hold a value of over USD  151 million by 2030.

Low code development platforms (LCDP) are software development tools that allow users to create, deploy and manage applications with minimal or no coding. These platforms provide a graphical user interface (GUI) and pre-built templates, allowing developers to create an application by dragging and dropping pre-built components, rather than writing code manually. This makes the process of creating an application faster and more accessible to a wider range of users, including business analysts and citizen developers. The COVID-19 pandemic has had a significant impact on the use of low-code development platforms. As businesses have had to adapt to new challenges and rapidly changing market conditions, the demand for digital solutions has increased dramatically. Low code development platforms have become an important tool for organizations to quickly create and deploy new applications, such as e-commerce platforms, telemedicine apps, and remote work tools.

Click Here to Get Sample Premium Report @ https://www.marketresearchfuture.com/sample_request/5355

Regional Analysis:

The Asia-Pacific region dominates the market for low-code development platforms and is expected to continue driving the market's growth with increased industrialization and demand for reliable solutions. Furthermore, as digital transformation and organizational mobility become more commonplace, users are increasingly turning to LCDPs to create business applications. Major contributors to the global low code development platform market include China, New Zealand, India, Southeast Asia, Japan, and Australia.

Market Segmentation:

The Global Low Code Development Platform market has been segmented into component, deployment, and type.

Based on the component, the market has been segmented into solutions and services.

Based on the deployment, the market has been segmented into on-premise and cloud.

Based on the type, the market has been segmented into general-purpose platforms, database app platforms, process app platforms, request-handling platforms, and others.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/low-code-development-platform-market-5355

By Component: Solution Service By Type: Construction General-Purpose platform Database app platform Process app platform Request handling platform By Deployment: On-premises Cloud By Organization Size: Small and Medium Large By Vertical: Retail and E-Commerce Healthcare Media & Entertainment BFSI IT & Telecommunication Government Others

Check Discount:  https://www.marketresearchfuture.com/check-discount/5355

Key Players:

Some of the key market players are Microsoft, Salesforce, Mendix Technology BV, Appian, OutSystems, Pegasystems Inc, ServiceNow, AgilePoint, Caspio, Nintex UK Ltd, Netcall, Zoho Corporation Pvt. Ltd, Simplifier AG, WaveMaker, Inc.

Related Reports:

Cloud Robotics Market Projected to Hit USD 15.3 Billion at a 23.2% CAGR by 2030 – Report by Market Research Future (MRFR) Virtual Reality Market Projected to Hit USD 35.75 Billion at a CAGR of 31.53% CAGR by 2030 – Report by Market Research Future (MRFR) Connected Mobility Solutions Market Projected to reach USD 34.5 Billion with a health CAGR of 17.60% During the Forecast Period- Report by Market Research Future (MRFR) Enterprise Video Market Projected to Hit USD 31 Billion at a healthy CAGR of 9.13% by 2030 – Report by Market Research Future (MRFR) Intelligent Threat Security Market Projected to Hit USD 19.66 Billion at a CAGR of 7.2% CAGR by 2030 – Report by Market Research Future (MRFR)

About Market Research Future (MRFR):

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. MRFR’s approach combines the proprietary information with various data sources to give an extensive understanding to the client about the latest key developments, expected events and also about what action to take based on these aspects.


Market Research Future (Part of Wantstats Research and Media Private Limited)

99 Hudson Street, 5Th Floor

New York, NY 10013

United States of America

+1 628 258 0071 (US)

+44 2035 002 764 (UK)

Email: [email protected]

Website: https://www.marketresearchfuture.com

Market Research Future