In 2021, 29 percent of respondents from a global survey indicated that low-code development is between 40 and 60 percent faster than traditional development. No-code and low-code platforms can help alleviate pressure on IT staff as the technology allows business users to develop applications themselves. This is due to the fact that little to no coding expertise is required for working with no-code and low-code platforms.

The global low-code platform market revenue is valued at almost 22.5 billion U.S. dollars in 2022 and is forecast to reach approximately 32 billion U.S. dollars in 2024. The market is projected to grow with a CAGR of 26.1 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. IT operations take place in dynamic environments which demand rapid customization options in the software development process, which low-code development platforms seek to address. 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.

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

Globally, the low-code development market has grown in 2022 to approximately 22.5 billion U.S. dollars. Low-code development is not new, however, it experienced a surge in interest and development in 2020, driven in part by the COVID-19 pandemic. Major players in this market are Salesforce, Microsoft, Oracle, and ServiceNow, as well as many startups. Low-code models allow developers to program applications using a visual interface.

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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

The global Rapid Application Development Platform (RADP) market is projected to reach USD 59.04 billion by 2033, expanding at a CAGR of 41.8% from 2025 to 2033, according to a recent market analysis. The market growth is primarily driven by the increasing adoption of digital transformation, cloud computing, and the need for faster application development across various industries. Furthermore, the rising demand for rapid and cost-effective software development in industries, such as healthcare, banking, and manufacturing, is expected to contribute to market growth. Key trends in the RADP market include the growing adoption of low-code/no-code platforms, increasing integration of artificial intelligence (AI) and machine learning (ML), and the rising demand for cloud-based RADP solutions. However, the market is expected to face challenges due to the need for skilled professionals and concerns over data security and compliance. Notable companies in the RADP market include Appian, Google LLC, IBM, Microsoft, OutSystems, Salesforce, and Zoho Corporation. North America is expected to dominate the market, followed by Europe and Asia Pacific. Recent developments include: In May 2024, FPT Software partnered with Siemens to offer the low-code application development platform Mendix in the South Korean and Japanese markets. As part of this collaboration, FPT Software will serve as a reseller and delivery partner for Mendix, allowing clients to achieve faster time-to-market and more cost-effective software projects. This partnership aims to enhance FPT Software's portfolio with rapid application prototyping, development, and deployment services while exploring opportunities to expand market reach through Mendix's partner ecosystem. , In April 2024, Comviva, a customer experience and data monetization solutions company, launched an innovative Low-Code/No-Code platform for digital payments and banking. The new platform, an extension of Comviva's existing mobility platform, is designed to revolutionize the development landscape for financial institutions, including FinTechs, banks, and digital wallet providers. The platform enables these organizations to quickly adapt to market regulations, changes, and evolving customer demands by visually constructing user journeys and workflows, as well as seamlessly integrating with third-party systems .

In a 2024 Onymos survey, 84 percent of organizations in the U.S. reported that they had extreme or somewhat reliance on low-code/no-code SaaS solutions. Low-code and no-code platforms allow the user to create applications with minimal to no coding at all. Accessibility and ease of use make these platforms a popular choice among many organizations looking to reduce costs and increase development speed.

Low-code has been consistently growing in usage over the past few years. In 2022, about 45 percent of global coding is done using low-code, while in 2024 it is expected to overtake conventional coding to reach 55 percent.

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%

The No-code AI Platform Market size was valued at USD 4.93 billion in 2023 and is projected to reach USD 31.95 billion by 2032, exhibiting a CAGR of 30.6 % during the forecasts period. No-code AI platform market refers to tools and applications that help the users create and implement AI without coding knowledge. Such platforms demystify the creation of AI solutions and effectively exclude the need for technical expertise which in turn speeds up the project. Some of the applications include, workflow automation, chatbot construction, and the creation of a predictive analytics model. This can be done in finance for purposes of fraud detection, in the retail line for customer analysis and in healthcare for observing patient’s health. Some of the trends are the usage of complex AI technologies like NLP and ML in No-Code environments, emergence of the Low-code/No-Code Hybrid models, and the shift towards the more accessible UI and more extensive adaptation for specific company requirements. Recent developments include: In October 2023, CyborgIntell, a prominent AI solutions provider, unveiled two new offerings tailored for the BFSI sector, Feature Store and Model Risk Management (MRM). Feature Store, a zero-code AI platform, automates the creation of thousands of new features from raw data, significantly reducing the time required for data preparation for modeling by 90%. This empowers financial institutions to analyze various aspects of their transactions, including behaviors, patterns, habits, preferences, risks, and relationships , In October 2023, Akkio Inc. introduced Generative Reports, an AI tool that instantly transforms data into actionable insights. This unique tool enables small and medium businesses to connect their data, describe projects, and automatically generate real-time reports. It offers a self-service solution for optimizing marketing spend, lead scoring, revenue forecasting, and enhancing customer experiences , In May 2023, Microsoft made an undisclosed investment in Builder.ai. This strategic collaboration was aimed at integrating Builder. Ai's AI assistant, Natasha, into Microsoft Teams video and chat software, enabling customers to create business apps seamlessly within the platform. Additionally, Builder.ai planned to enhance Natasha's capabilities by incorporating Microsoft's AI algorithms to achieve a more human-like conversational experience , In March 2023, Google LLC launched Gen App Builder, a new product designed to empower programmers in developing advanced generative AI applications, without machine learning proficiency. This product launch was aimed at enabling developers to seamlessly integrate experience into applications and websites into their applications and websites. With Google LLC's no-code conversational and search capabilities, this process is expected to take only a few minutes or hours .

The low-code platform market is experiencing robust growth, projected to reach $1008.4 million in 2025 and exhibiting a Compound Annual Growth Rate (CAGR) of 6.5% from 2025 to 2033. This expansion is fueled by several key factors. The increasing demand for rapid application development, coupled with a shortage of skilled developers, is driving organizations across various sectors—including enterprise, government, and individual users—to adopt low-code solutions. Cloud-based platforms are leading the market share due to their scalability, accessibility, and cost-effectiveness. Furthermore, the rising adoption of digital transformation initiatives and the need for agile business processes are contributing significantly to market growth. The market's segmentation, encompassing application type (Enterprise, Government, Individual) and deployment type (Cloud-based, On-Premise), reflects diverse user needs and preferences, which are shaping the development and evolution of low-code platforms. Competitive dynamics are intense, with established players like Salesforce, Microsoft, and Oracle competing alongside emerging innovative firms like Appian and Mendix. Geographical expansion, particularly in rapidly developing economies in Asia-Pacific and the Middle East & Africa, presents significant opportunities for growth. The market's growth trajectory is expected to remain positive throughout the forecast period, driven by continuous technological advancements, such as AI integration and enhanced automation capabilities within low-code platforms. While challenges like data security and integration complexities exist, the overall benefits of speed, efficiency, and reduced development costs are overriding these concerns. The continued evolution of low-code platforms to meet the demands of increasingly complex applications, including those in emerging sectors like IoT and AI, ensures its sustained market growth. The increasing focus on citizen development, empowering non-programmers to build applications, further accelerates the market's expansion, creating a broader user base and fueling further innovation.

According to a survey conducted between late 2021 and early 2022, Microsoft PowerApps and Google AppSheet were the leading low-code/no-code tools with around 40 percent usage among respondents. Low-code and no-code tools enable the development of applications with reduced complexity.

The Low-code and No-code Platform market has emerged as a crucial segment in the software development landscape, providing businesses with flexible and efficient solutions to build applications without the need for extensive coding knowledge. These platforms empower a diverse range of users, including business analy

Low Code Development Component Market Outlook

The global low code development component market size was valued at USD 13.2 billion in 2023 and is projected to reach USD 76.3 billion by 2032, demonstrating a robust compound annual growth rate (CAGR) of 21.2% during the forecast period. This substantial growth is primarily driven by the increasing demand for rapid application development, the shortage of skilled software developers, and the need for digital transformation across various industries.

One of the primary growth factors for the low code development component market is the increasing demand for faster application development and deployment. In todayÂ’s fast-paced digital economy, businesses are under immense pressure to innovate and bring new products and services to market quickly. Low code development platforms enable organizations to develop applications rapidly with minimal hand-coding, significantly reducing the time required to launch new applications. This ability to speed up development cycles is particularly advantageous in industries such as retail, healthcare, and finance, where timely implementation of digital solutions can provide a competitive edge.

Another significant driver of market growth is the widespread shortage of skilled software developers. The tech industry is facing a considerable talent gap, with demand for software development outpacing the supply of qualified developers. Low code platforms address this issue by allowing individuals with limited coding experience to create applications. These platforms provide various pre-built components, drag-and-drop interfaces, and automated workflows, enabling non-technical users to develop functional applications. This democratization of app development not only alleviates the burden on IT departments but also empowers business users to create solutions tailored to their specific needs.

The need for digital transformation across industries is also propelling the growth of the low code development component market. Organizations are increasingly adopting digital technologies to enhance operational efficiency, improve customer experience, and gain insights from data analytics. Low code platforms facilitate this transition by offering tools that streamline the development and integration of digital solutions. This trend is particularly evident in sectors such as BFSI, healthcare, and retail, where digital initiatives are crucial for maintaining competitiveness and meeting regulatory requirements. Additionally, the COVID-19 pandemic has accelerated digital transformation efforts, further boosting the adoption of low code platforms.

From a regional perspective, North America currently holds the largest share of the low code development component market. The region's dominance can be attributed to the presence of major technology companies, a high adoption rate of advanced technologies, and significant investments in digital transformation initiatives. However, the Asia-Pacific region is expected to witness the highest growth rate during the forecast period. The rapid economic growth, increasing internet penetration, and growing focus on digital infrastructure in countries like China and India are driving the demand for low code development platforms in the region.

Low Code Platforms are increasingly becoming a pivotal element in the digital transformation strategies of many organizations. These platforms provide a comprehensive suite of tools that simplify the application development process, allowing businesses to innovate and respond to market changes more swiftly. By enabling rapid prototyping and iteration, Low Code Platforms help organizations reduce time-to-market for new applications, which is crucial in today's competitive landscape. Furthermore, these platforms support a wide range of functionalities, from simple task automation to complex enterprise-grade applications, making them versatile solutions for businesses of all sizes. As companies continue to prioritize agility and customer-centric solutions, the adoption of Low Code Platforms is expected to accelerate, driving further growth in the market.

Component Type Analysis

The component type segment of the low code development component market is bifurcated into platforms and services. Platforms represent the core of low code development, providing the foundational tools for creating applications with minimal hand-coding. These platforms offer a range of pre-built components, drag-and-drop interfaces, a

The Low-Code Software market has emerged as a vital segment in the technology landscape, revolutionizing how businesses develop, deploy, and manage applications. By enabling users to create software solutions with minimal coding expertise, low-code platforms democratize the development process, making it accessible

The Low-Code Application Platforms (LCAP) market is rapidly evolving, driven by the growing demand for faster, more agile software development solutions. These platforms empower organizations to build applications with minimal hand-coding, significantly reducing development time and costs. LCAPs enable not only prof

This is the supplementary materials for the paper "Measuring End-user Developers' Episodic Experience of a Low-code Development Platform --- A Preliminary Study". It consists of raw data from questionnaire responses, participant groups for validation of the questionnaire, preliminary questionnaire, final questionnaire, task design and data analysis results.

The low-code/no-code application platform market is experiencing explosive growth, driven by the increasing demand for rapid application development and digital transformation initiatives across various industries. The market, currently estimated at $20 billion in 2025, is projected to maintain a robust Compound Annual Growth Rate (CAGR) of 25% throughout the forecast period (2025-2033), reaching an estimated $100 billion by 2033. This surge is fueled by several key factors: the escalating need for businesses to quickly adapt to evolving market conditions, the shortage of skilled developers, the rising popularity of citizen development (empowering business users to build applications), and the increasing adoption of cloud-based solutions for enhanced scalability and accessibility. The market is segmented by deployment type (cloud-based and on-premise) and platform type (low-code and no-code), with cloud-based, low-code platforms currently dominating the market share due to their flexibility and cost-effectiveness. While the on-premise segment still holds a significant portion of the market, the trend is towards cloud adoption, driven by its inherent advantages. Several key trends are shaping the future of this market. Increased integration with artificial intelligence (AI) and machine learning (ML) is enhancing the capabilities of low-code/no-code platforms, enabling automation and intelligent decision-making within applications. The focus is shifting towards enhanced security features and compliance regulations to address the growing concerns surrounding data privacy and security. Furthermore, the rise of specialized low-code/no-code platforms catering to specific industry needs (e.g., healthcare, finance) is fueling further market segmentation and growth. Restraints to growth include concerns about vendor lock-in, integration complexities with legacy systems, and the need for ongoing training and support for citizen developers. Despite these challenges, the overall market outlook remains exceptionally positive, indicating substantial opportunities for both established players and new entrants in the low-code/no-code ecosystem.

In 2021, 70 percent of respondents from a global survey indicate using Retool as low/no code platform for internal apps. Zapier, Airtable, and Google AppSheet are other popular platforms. Low-code and no-code development platforms are software development environments that allow developers to drag and drop application components to create mobile or web applications. These platforms are popular as they let professionals develop quickly and also enable non-IT professionals to build applications without much prior knowledge.

In 2021, 33 percent of respondents from a global survey indicated that their organization is using low-code for data modeling and visualization. Other use cases for low-code among respondents are data security, automating work processes, and developing e-commerce apps.