Low-Code Development Platform Market – Size, Share, Trends, Growth, Key Players, and Forecast (2024-2030)

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Low-Code Development Platform Market size was valued at USD 28.16 Bn. in 2023 and the total Low-Code Development Platform revenue is expected to grow at 27.8% from 2024 to 2030, reaching nearly USD 156.84 Bn.

Low-Code Development Platform Market Growth and Forecast (2024-2030)

Market Overview

The global Low-Code Development Platform Market is projected to grow at a CAGR of 27.8% during the forecast period, reaching a valuation of USD 156.84 Bn. by 2030. This report provides an in-depth analysis of the market, covering key growth drivers, industry segmentation, competitive landscape, and regional trends.

Market Scope and Research Methodology

The assessment of the Low-Code Development Platform Market is based on comprehensive secondary research, leveraging revenue data from key industry players. The market size estimation follows a bottom-up approach, considering vendor offerings and industry segmentation. This analysis provides insights into market trends, value chain assessment, and competitive dynamics.

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Market Segmentation

by Component

Solution
Services

by Deployment Mode

On-Premises
Cloud

by Application Type

Web-Based
Mobile-Based

by Organization Size

Small And Medium-Sized Enterprises (SMEs)
Large Enterprises

by Industry

Banking, Financial Services, And Insurance (BFSI)
Telecom And IT
Government
Energy And Utilities
Manufacturing
Healthcare And Life Sciences
Retail And Ecommerce
Media And Entertainment
Education
Others (Travel And Tourism, And Transportation And Logistics)

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Key Market Players

The following companies are actively shaping the Low-Code Development Platform Market across various regions:

1. Caspio (US)
2. OutSystems (US)
3. Appian (US)
4. Salesforce (US)
5. Quickbase, Inc. (US)
6. LANSA INC (US)
7. ServiceNow (US)
8. AgilePoint, Inc. (US)
9. Bizagi (US)
10.Microsoft Corporation (US)
11.Oracle Corporation (US)
12.Pegasystems Inc (US)
13.KissFlow (US)
14.Blazedpath (US)
15.Mendix Technology BV (Netherlands)
16.Appsemble BV. (Netherlands)
17.Novulo (Netherlands)
18.Smart Shaped SRL (Italy)
19.Aurachain (Romania)
20.ClickPaas (China)
21.eNextCloud (India)
22.Zoho Corporation (India)
23.Magic Software Enterprises Ltd (Israel)

Regional Players:

  • North America: Vericel Corporation, Osiris Therapeutics, Regenexx, Mesoblast Ltd.

  • Europe: TiGenix NV, Holostem Terapie Avanzate Srl, ReNeuron Group plc, Cell Medica.

  • Asia-Pacific: Athersys Inc., JCR Pharmaceuticals Co. Ltd., CHA Biotech Co. Ltd., Kangstem Biotech.

  • Latin America: Celltex Therapeutics Corporation, Stem Cell Center.

  • Middle East & Africa: Abu Dhabi Stem Cells Center, BioCellular Therapies LLC, Gamida Cell Ltd.

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Regional Analysis

The Low-Code Development Platform Market is analyzed across key regions, including North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Each region’s competitive landscape is assessed to identify growth opportunities and key market trends.

Impact of COVID-19 on the Market

The COVID-19 pandemic significantly influenced multiple industries, including healthcare. The Low-Code Development Platform Market witnessed fluctuations in growth rates due to supply chain disruptions, regulatory delays, and shifting investment priorities. However, the industry has adapted, leveraging digital transformation and strategic collaborations to mitigate risks and drive innovation.

Key Questions Addressed in the Report:

  • Which segment holds the largest market share in Low-Code Development Platform?

  • What are the key factors driving market growth?

  • How is the competitive landscape evolving?

  • Which region dominates the market?

About Maximize Market Research

Maximize Market Research is a leading market research and consulting firm, offering expert insights across diverse industries, including medical devices, pharmaceuticals, technology, automotive, and chemicals. Our services include market forecasts, competitive analysis, strategic consulting, and industry trend analysis.

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