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

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

In 2021, ** percent of respondents from a global survey agree strongly that they are planning on building internal tools in the future with low/no code platforms. Overall, respondents state that low/no code platforms meet their needs when developing while enjoying it, too.

The Low-code Platforms market has emerged as a transformative force in the software development landscape, allowing businesses across various industries to streamline application creation and improve operational efficiencies. By enabling users to create applications with minimal coding expertise, low-code platforms

In 2021, interactive web forms, enterprise CRUD, and simple databases were the most popular software created using low-code platforms, according to over ** percent of respondents who indicated that they are either sometimes, often or all the time created for each of the software categories.

A low-code development platform provides a development environment used to create application software through a graphical user interface. A low-coded platform may produce entirely operational applications, or require additional coding for specific situations. In 2022, ** percent of senior business leaders expressed that they are currently using low-code in their operations.

The Low-Code Development Platforms Software market is experiencing a significant transformation, providing organizations with the agility and efficiency needed in today's fast-paced business environment. These platforms enable users, even those with minimal coding expertise, to create applications through intuitive

The Low-Code Development Platform (LCDP) market has emerged as a vital component of the modern software development landscape, catering to organizations looking to accelerate their application development processes while optimizing resource allocation. By enabling users, including those without extensive coding expe

In 2021, more than **** of respondents from a global survey stated that customer-focused apps they have built with low-code increased revenue. Other benefits of adopting low-code include the transformation or replacement of legacy systems as well as faster software development and deployment.

Low-code has proven to be indispensable in today's software world. In 2022, ** percent of businesses expressed that they are currently in the process of adopting low-code into their operations, while ** percent have fully adopted low-code.

In 2021, **** percent of respondents indicated that low-code platforms resulted in higher quality software, while **** percent of respondents stated that low-code platforms resulted in lower quality software. While more respondents reported that low-code platforms were associated with higher quality, the difference between the two groups was not overly large.

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

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

As of 2020, the annual growth rate of the low-code industry in China was roughly ** percent, and the upward trend was estimated to continue at least until 2025. The market size of China's low-code industry amounted to almost *** billion yuan in 2020 and was forecasted to increase to over ** billion yuan at a compound annual growth rate of **** percent in the coming years.

In 2021, over half of respondents surveyed indicated that low-code platforms do make development more iterative, suggesting that low-code tools do make a large impact.

The Low Code Development Platform (LCDP) market is experiencing significant growth, driven by the increasing demand for efficient and agile application development across various industries. Low code development platforms empower organizations to create applications rapidly without the extensive coding knowledge tra

The No-Code and Low-Code Cloud-based Software Development Tools market is transforming the way businesses approach application development, providing an accessible solution that enables users to create software applications with little to no coding experience. This burgeoning sector is driven by the growing demand f

Introduction

Workflow Automation Statistics: Workflow automation involves utilizing technology to design, implement, and optimize business processes with minimal human involvement. By incorporating tools like robotic process automation (RPA), artificial intelligence (AI), and low-code platforms, businesses can streamline operations, enhance accuracy, and speed up task execution.

Over the last decade, workflow automation has progressed from basic rule-based systems to sophisticated, adaptive technologies that manage intricate, cross-functional processes. The rise of cloud computing, remote work, and data-driven decision-making has contributed significantly to its growing adoption. Today, workflow automation is not merely an efficiency tool but a key strategic enabler that allows companies to scale, innovate, and swiftly adapt to market dynamics.

Analyzing workflow automation statistics offers critical insights into adoption rates, return on investment (ROI), industry-specific applications, and the emerging technologies that are shaping the future of automated processes.

The No-Code and Low-Code Development Platforms Software market is rapidly evolving, providing businesses with the tools necessary to streamline application development and enhance digital transformation efforts. These platforms empower users, including non-technical professionals, to create and modify applications w

The Statistics of U.S. Businesses (SUSB) provides detailed annual data for all U.S. business establishments with paid employees by geography, industry, and enterprise size. This program covers all NAICS industries except crop and animal production; rail transportation; National Postal Service; pension, health, welfare, and vacation funds; trusts, estates, and agency accounts; private households; and public administration. The SUSB also excludes most government employees. Further, SUSB data for years 1988-1997 were tabulated based on the Standard Industrial Classification (SIC) system. The SUSB features several arts-related NAICS industries, including the following: Arts, entertainment, and recreation (NAICS Code 71) Performing arts companies Spectator sports Promoters of performing arts, sports, and similar events Independent artists, writers, and performers Museums, historical sites, and similar institutions Amusement parks and arcades Professional, scientific, and technical services (NAICS Code 54) Architectural services Graphic Design Services Landscape architectural services Photographic services Retail trade (NAICS Code 44-45) Sporting goods, hobby, and musical instrument stores Sewing, needlework, and piece goods stores Book stores Art dealers Also, the SUSB features several arts related SIC industries, including the following: Commercial photography (SIC Code 7335) Commercial art and graphic design (SIC Code 7336) Museums and art galleries (SIC Code 8412) Dance studios, schools, and halls (SIC Code 7911) Theatrical producers and services (SIC Code 7922) Sports clubs, managers, & promoters (SIC Code 7941) Motion Picture Production & Services (SIC Code 7810) Data compiled for the SUSB are extracted from the Business Register (BR). The BR contains continuously updated data from the Census Bureau's economic censuses and currently business surveys, quarterly and annual Federal tax records and other department and federal statistics. SUSB data are available approximately 24 months after each reference year and are available for the United States, each state, and Metropolitan Statistical Areas (MSA). The annual SUSB consist of number of firms, number of establishments, annual payroll, and employment during the week of March 12. In addition, estimated receipts data are included for years ending in 2 and 7. Dynamic data, which are created from the Business Information Tracking Series (BITS), consist of the number of establishments and corresponding employment change for births, deaths, expansions, and contractions. The SUSB is important because it provides the only source of annual, complete, and consistent enterprise-level data for U.S. businesses, with industry detail. Private businesses use the data for market research, strategic business planning, and managing sales territories. State and local governments, as well as, budget, economic development, and planning offices use the data to assess business changes, develop fiscal policies, and plan future policies and programs. In addition, the data are the standard reference source for small business statistics. Users can view the latest SUSB annual data and employment change data on the main SUSB page. For more detailed industry and employment size classes, users can download additional data in comma-delimited format. Annual data are tabulated back to 1988 and employment change data back to 1989-1990. Data users can find news and updates about the SUSB data via the News & Updates section.