Low Code Development Platform Market Report is Segmented by Component (Platform and More), Application Type (Web-Based, Mobile-Based, and More), Deployment Type (On-Premises, Cloud), Organization Size (Small and Medium Enterprises, Large Enterprises), Industry Vertical (BFSI, Retail and E-Commerce, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

The global low-code platform market revenue is valued at almost **** billion U.S. dollars in 2022 and is forecast to reach approximately ** billion U.S. dollars in 2024. The market is projected to grow with a CAGR of **** percent over this period. What are low-code development platforms? Low-code platforms allow developers to create applications through graphical user interfaces rather than traditional coding methods. These solutions are suitable for non-technical staff, as little to no coding experience is required to build applications using low-code platforms. Accordingly, non-technical staff participate in the changing enterprise application development process, which includes ideation, design, implementation, and deployment. What is driving the need for low-code platforms? The rising number of citizen developers as well as the increasing demand of applications for business organizations are key factors driving the advancement of low-code platforms. Low-code development platforms aim to meet the demands of dynamic IT operations, which necessitate quick customization options in the software development process. As a result, these platforms reduce time to market and backlogs, allowing businesses to realize value sooner at less cost. Retool, Zapier, and Airtable are among the leading low-code and no-code platforms for internal apps.

Low-code development platform market to surge to $348.6 billion by 2035 at 26.66% CAGR. Explore digital transformation and enterprise use cases.

Low-Code Application Development Platform Market is on a path of steady expansion and it is likely to be valued at $64.95 billion by 2032, reflecting a CAGR of 23.7%.

Global Low- Code No-Code Development Platform market was valued at USD 27.98 Billion in 2024 and is expected to reach USD 129.13 Billion by 2030 with a CAGR of 28.84% during the forecast period.

Pages	185
Market Size	2024: USD 27.98 billion
Forecast Market Size	2030: USD 129.13 billion
CAGR	2025-2030: 28.84%
Fastest Growing Segment	No-code platforms
Largest Market	North America
Key Players	1. Microsoft Corporation 2. Salesforce.com Inc 3. Creatio Emea Ltd 4. K2 Software Inc 5. Zoho Corporation Pvt. Ltd. 6. Pegasystems Inc 7. OutSystems- Software em Rede, S.A 8. Mendix Technology BV 9. Appian Corporation 10. Quickbase, Inc.

The global low code development market is approximated at a value of US$ 22.5 billion in 2024 and is calculated to increase at a CAGR of 26.8% to reach US$ 241.9 billion by the end of 2034.

Report Attribute	Detail
Low Code Development Market Size (2024E)	US$ 22.5 Billion
Forecasted Market Value (2034F)	US$ 241.9 Billion
Global Market Growth Rate (2024 to 2034)	26.8% CAGR
South Korea Market Value (2034F)	US$ 13.1 Billion
On-premise Demand Growth Rate (2024 to 2034)	24.9% CAGR
Key Companies Profiled	Mendix Technology BV; Zoho Corporation Pvt. Ltd.; Kintonne; Appian Corporation; Microsoft Corporation; Salesforce.com, Inc.; NewGen; AuraQuantic; Oracle Corporation; Pegasystems Inc.; ServiceNow Inc.; Creatio; Quick Base; Betty Blocks; TrackVia; OutSystems Inc.

Country-wise Analysis

Attribute	United States
Market Value (2024E)	US$ 2.5 Billion
Growth Rate (2024 to 2034)	26.7% CAGR
Projected Value (2034F)	US$ 26.7 Billion

Attribute	China
Market Value (2024E)	US$ 2.5 Billion
Growth Rate (2024 to 2034)	26.7% CAGR
Projected Value (2034F)	US$ 27 Billion

Category-wise Analysis

Attribute	BFSI
Segment Value (2024E)	US$ 4.5 Billion
Growth Rate (2024 to 2034)	27.8% CAGR
Projected Value (2034F)	US$ 52.2 Billion

Attribute	Cloud-based Low Code Development Platforms
Segment Value (2024E)	US$ 14.6 Billion
Growth Rate (2024 to 2034)	27.7% CAGR
Projected Value (2034F)	US$ 169.3 Billion

The adoption of the Low Code Development platform is expected to increase at a CAGR of 28.4% during the forecast period. The Low Code Development Platform market size is anticipated to rise from US$ 21,363.5 Million in 2023 to US$ 259,922.1 Million in 2033.

Attribute	Details
Low Code Development Platform Market Estimated Size (2023)	US$ 21,363.5 Million
Low Code Development Platform Market CAGR (2023 to 2033)	28.4%
Low Code Development Platform Market Forecasted Size (2033)	US$ 259,922.1 Million

Global Low-Code Development Platform market size is expected to reach $157.66 billion by 2029 at 33%, the surging demand for applications for business organizations drives the low-code development platforms

The global Low-Code Development Platform market is poised to reach a valuation of USD 10.82 billion by 2033, advancing at a steady 7.9% CAGR during the forecast period (2023-2033). The escalating demand for rapid application development, digital transformation initiatives, and the growing shortage of skilled software engineers are key factors driving market growth. Additionally, the increasing adoption of cloud-based platforms and the emergence of citizen developers further contribute to the market's expansion. The market is segmented based on component (platform and services), deployment (cloud, on-premises), enterprise size (large enterprises and SMEs), application type (web & cloud-based, mobile-based, desktop-based), and industry (BFSI, healthcare, education, IT, telecommunication, media & entertainment, manufacturing, government, retail, and others). North America holds a significant market share due to the presence of major technology companies and early adoption of low-code platforms. Asia Pacific is expected to witness substantial growth owing to the increasing demand for digitalization and the presence of a large pool of software developers. Key drivers for this market are: Increasing Deployment of Data Center Infrastructure and Cloud Video Streaming Services to Aid Growth of Market. Potential restraints include: Limited Software Integration and Customization Capabilities to Hamper Market Growth. Notable trends are: Growing Implementation of Touch-based and Voice-based Infotainment Systems to Increase Adoption of Intelligent Cars.

The global low-code development platform market attained a value of about USD 33.37 Billion in 2024. The market is further expected to grow at a CAGR of 25.00% during the forecast period of 2025-2034 to reach approximately USD 310.78 Billion by 2034.

Low Code Development Platform Market is growing with a CAGR of 29.6% in the prediction and it crosses USD 124.47 billion by 2032 from USD 20.26 billion in 2025

The global Low-code Development Platform market is forecasted to grow at a noteworthy CAGR of 23.32% between 2025 and 2033. By 2033, market size is expected to surge to USD 73.35 Billion, a substantial rise from the USD 11.12 Billion recorded in 2024.

The Global Low-code Development Platform market size to cross USD 73.35 Billion by 2033. [https://edison.valuemarketresearch.com//uploads/report_im

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Low Code Development Platform Market Size 2025-2029

The low code development platform market size is forecast to increase by USD 89.69 billion, at a CAGR of 41.3% between 2024 and 2029.

The market is experiencing significant growth, driven by the surge in digital transformation initiatives within the IT industry. Businesses are increasingly seeking efficient and cost-effective solutions to develop and deploy applications, fueling the demand for low code platforms. However, this market also faces challenges. The scarcity of skilled professionals in emerging economies poses a significant obstacle to widespread adoption. Moreover, pricing strategies of market players can impact the competitive landscape, necessitating careful consideration by potential entrants. Companies looking to capitalize on this market's opportunities must stay informed about these trends and challenges to effectively navigate the strategic landscape. Adopting low code platforms can enable organizations to streamline development processes, reduce costs, and accelerate digital transformation initiatives. However, addressing the talent gap and staying competitive in pricing will be crucial for success in this dynamic market.

What will be the Size of the Low Code Development Platform Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, with new applications and trends emerging across various sectors. These platforms enable entities to build web applications quickly and efficiently, utilizing features such as user experience design, data visualization, workflow automation, and cloud-native development. The market's dynamics are shaped by ongoing advancements in technology, including serverless computing, API integrations, and machine learning. Emerging trends include the increasing adoption of per-user licensing models, which cater to citizen developers, and the integration of business process modeling and DevOps. Pre-built templates and implementation services facilitate rapid prototyping, while custom development and application lifecycle management ensure a seamless development experience. Moreover, the market's future outlook is promising, with a growing emphasis on security features, consulting services, and community support. Agile development, microservices architecture, and application modernization are also gaining traction. Pricing models vary, with subscription fees and performance optimization key considerations. In this evolving landscape, low code development platforms are transforming the way businesses approach application development, from HR to data analytics, and from mobile application development to implementation services. The market's continuous dynamism underscores the importance of staying informed and adaptable to emerging trends and best practices.

How is this Low Code Development Platform Industry segmented?

The low code development platform industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductPlatformServicesDeploymentOn-premisesCloud-basedSectorSmall and medium enterprises (SMEs)Large enterprisesGeographyNorth AmericaUSCanadaMexicoEuropeFranceGermanyUKAPACChinaIndiaJapanSouth KoreaRest of World (ROW).

By Product Insights

The platform segment is estimated to witness significant growth during the forecast period.Low code development platforms have gained significant traction in the business world due to their ability to facilitate rapid application development for various functions. These platforms offer customized solutions that cater to the evolving needs of organizations, ensuring privacy and security. The market's growth is driven by the increasing demand for custom applications in enterprises and the widespread adoption of bring your own device (BYOD) policies in workplaces. Business intelligence and machine learning capabilities are integral to these platforms, enabling data analytics and insights for informed decision-making. Pre-built templates and API integrations expedite the development process, while serverless computing ensures optimal performance and cost savings. Application lifecycle management and agile development methodologies are essential for maintaining and updating applications, ensuring they remain aligned with the organization's evolving requirements. Security features, consulting services, and support services further enhance the value proposition of these platforms. Emerging trends, such as cloud-native development, microservices architecture, and workflow automation, are shaping the future outlook of the market. User experience design, custom development, and ap

Low-code Platforms Market Outlook 2032

The global low-code platforms market size was USD 34.41 Billion in 2023 and is likely to reach USD 407.37 Billion by 2032, expanding at a CAGR of 31.6 % during 2024–2032. The market growth is attributed to the growing emphasis on improving customer experience and the increasing demand for software applications that are easy to use and quick to deploy.



Increasing demand for software applications that are easy to use and quick to deploy is expected to boost the global low-code platforms. Low-code platforms allow for rapid application development and deployment as these platforms use visual interfaces with drag-and-drop functionality, which allows developers to build applications quickly. Moreover, low-code platforms are designed to be user-friendly, even for those without extensive coding knowledge. This opens up application development to a wider range of people, including business analysts and other non-technical staff. Therefore, the rising preference for software applications that are easy to use and quick to deploy is propelling the market.

Low-code platforms are widely used in several industries as they allow businesses to easily scale their applications as needed. This is crucial for businesses that need to quickly adapt to changing market conditions or customer demands. Moreover, low-code platforms facilitate collaboration between different teams, including developers, business analysts, and stakeholders which lead to better outcomes and successful projects. This encourages SMEs and large enterprises to low-code platforms for rapid application development.

Impact of Artificial Intelligence (AI) in Low-code Platforms Market

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Low-code development platform market size research report, identifies new revenue opportunity in low-code development platform industry. The report aims at estimating the market size and future growth of the low-code development platform based on application type, deployment type, component, organization size, end use industry, & region

Low-Code Development Platform Market Outlook

According to our latest research, the global low-code development platform market size reached USD 18.7 billion in 2024. The market is advancing at a robust CAGR of 27.1% and is expected to achieve a value of USD 165.1 billion by 2033. This remarkable growth is primarily fueled by the urgent demand for rapid application development, digital transformation initiatives, and the persistent shortage of professional developers across diverse industries. The low-code development platform market is witnessing significant traction as enterprises seek to empower business users and accelerate time-to-market for critical applications.

A primary growth factor driving the low-code development platform market is the increasing need for digital agility among organizations. Businesses across sectors are under immense pressure to deliver digital solutions quickly, respond to shifting customer expectations, and streamline internal processes. Low-code platforms enable both professional developers and citizen developers to build applications with minimal hand-coding, dramatically reducing development cycles and costs. This democratization of application development empowers non-technical users, allowing organizations to address IT backlogs and innovate at a pace previously unattainable with traditional development methodologies. The technology is particularly attractive to enterprises striving to remain competitive in rapidly evolving digital landscapes.

Another significant catalyst for the market’s expansion is the persistent shortage of skilled software developers. As digital transformation accelerates, the gap between the demand for custom applications and the supply of qualified developers continues to widen. Low-code development platforms offer a practical solution by simplifying the development process and reducing the technical expertise required to build robust applications. This enables organizations to optimize their existing workforce, alleviate resource constraints, and focus high-value IT talent on complex, mission-critical projects. Furthermore, the integration capabilities of modern low-code platforms facilitate seamless connectivity with existing systems, enhancing their appeal to enterprises with legacy infrastructure.

The proliferation of cloud computing and the growing adoption of cloud-based services are also propelling the low-code development platform market forward. Cloud deployment offers unparalleled scalability, flexibility, and cost-effectiveness, making it the preferred choice for organizations of all sizes. Low-code platforms delivered via the cloud provide instant access to development tools, enable real-time collaboration among distributed teams, and support continuous delivery practices. Additionally, the rise of remote work and the need for rapid digital enablement during global disruptions have underscored the value of low-code solutions in maintaining business continuity and driving operational efficiency.

Regionally, North America dominates the low-code development platform market, owing to its mature technology landscape, high digital adoption rates, and the presence of leading market players. However, Asia Pacific is emerging as the fastest-growing region, driven by rapid economic development, increasing IT investments, and a burgeoning startup ecosystem. Europe also demonstrates strong growth potential, supported by digital transformation initiatives across government and private sectors. The Middle East & Africa and Latin America are gradually embracing low-code platforms as organizations in these regions seek cost-effective ways to modernize their IT infrastructure and foster innovation.

Component Analysis

The low-code development platform market by component is segmented into Platform and Services. The platform segment constitutes the core of the market, encompassing the software tools and environments that enable application creation with minimal coding. These platforms a

The Global Low Code Development Platform Market is projected to grow at a CAGR of around 28% during the forecast period, i.e., 2021-26, says MarkNtel Advisors.

The global low-code development platform market size reached USD 25.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 217.6 Billion by 2033, exhibiting a growth rate (CAGR) of 25.39% during 2025-2033. The market is being propelled by rising demand for rapid application development (RAD), increasing emphasis on digital transformation initiatives, rising need for citizen developers in organizations, and substantial presence of large enterprise and SMEs investing in digital innovation.

Enterprise Low-Code Applications Platforms Market size was valued at USD XX million in 2020 and is predicted to reach USD XX million.

Low-code embedded analytics enable businesses to add data visualization together with reporting and predictive analysis into their applications without writing long code which makes the resulting tools easier to use and more operationally effective. According to analysts the market value is projected to achieve USD 15,443.6 million in 2025 then extend to USD 44,247.7 million by 2035 at a compound annual growth rate (CAGR) of 11.1% throughout the forecast period.

Metric	Value
Industry Size (2025E)	USD 15,443.6 million
Industry Value (2035F)	USD 44,247.7 million
CAGR (2025 to 2035)	11.1%

Country-Wise Outlook

Country	CAGR (2025 to 2035)
USA	11.3%

Country	CAGR (2025 to 2035)
UK	10.9%

Region	CAGR (2025 to 2035)
European Union	11.2%

Country	CAGR (2025 to 2035)
Japan	11.1%

Country	CAGR (2025 to 2035)
South Korea	10.9%

Competitive Outlook

Company Name	Estimated Market Share (%)
Microsoft Corporation	18-22%
Salesforce, Inc.	15-19%
QlikTech International AB	12-16%
Tableau Software (Salesforce)	8-12%
Sisense, Inc.	5-9%
Other Companies (combined)	30-40%