Low-Code Development Platform Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
Low-Code Development Company Global Market Report 2022: Market Size, Trends, And Forecast To 2026
LONDON, GREATER LONDON, UK, August 3, 2022 /EINPresswire.com/ — According to ‘Low-Code Development Platform Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company , the low-code development platform market size is expected to grow to $68.84 billion by 2026 at a CAGR of 28.6%. According to the low-code development platform industry analysis, increasing demand for applications for business organizations is expected to drive the growth of the market in the coming years.
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The low-code development platform (LCDP) market consists of sales of low-code development platforms by entities (organizations, sole traders, and partnerships) that define a software development approach that uses a graphical user interface that with simple features and logic. These platforms have enabled users to run apps fluently and easily. It offers low or no coding techniques, which ultimately reduces time and cost for platform development, which, in turn, is beneficial to business processes.
Global Low-Code Development Platform Trends Market
Technological advancements are shaping the low-code development platform market outlook. The integration of AI provides the opportunity to use a low-code development platform in various applications such as solving complex functions, detecting content using keywords or colors, and entering information into templates. Artificial intelligence is used to engineer a low-code development platform to integrate legacy systems by eliminating technical complexity. For example, in May 2021, Zoho Corporation, a web-based business tools company in India, launched Qntrl, which provides workflow solutions targeted at closing the growing gap in managing process for contemporary, complex processes that require close collaboration with various stakeholders. It uses low-code or no-code technology to accomplish these tasks along with artificial intelligence and machine learning.
Global Low-Code Development Platform Market Segments
The global low-code development platform market is segmented:
By Segment: Platform, Services
By Application: Web-Based, Mobile-Based, Desktop and Server-Based
By Organization Size: Small and Medium Enterprises (SMEs), Large Enterprises
By Industry: Banking, Financial Services, and Insurance (BFSI), Retail and eCommerce, Government and Defense, Healthcare, IT, Energy and Utilities, Manufacturing
By Geography: The global low code development platform market analysis report is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America has the largest share.
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https://www.thebusinessresearchcompany.com/report/low-code-development-platform-global-market-report
The Low-Code Development Platform Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides low-code development platform market overviews, analysis and forecasts of size and growth market for global low-code development platform market, low-code development platform market share, low-code development platform market segments and geography, low-code development platform market players, low-code development platform market leading competitor’s revenues , profile and market share. The low-code development platform market report identifies leading countries and segments for opportunities and strategies based on market trends and key competitor strategies.
TBRC’s Low-Code Development Platform Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historical and Forecast, and Growth Rates for 60 Geographies
Key Market Players: AgilePoint, Appian Corporation, Caspio Inc, Fujitsu RunMyProcess, LANSA, Magic Software Enterprises Ltd., MatsSoft Limited, Mendix Technology, Microsoft Corporation, Netcall, Oracle Corporation, Outsystems Inc, Pegasystems Inc, QuickBase Inc, ServiceNow Inc , WaveMaker , Zoho, Alphabet Inc, Google Inc, and TrackVia.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And much more.
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