The Low-code development platform market is projected to reach USD 149.63 billion by 2033, up from USD 16.84 billion in 2023, growing at a compound annual growth rate (CAGR) of 28.74% over the period. These platforms facilitate the rapid creation of applications with minimal hand-coding by providing a visual interface for designing software. Users can drag and drop components, connect them, and adjust their properties, which accelerates development, reduces the need for extensive programming skills, and enables the creation of custom software solutions tailored to specific business needs. Low-code platforms support a variety of applications, from basic business processes to complex enterprise systems, and often feature model-driven development, reusable components, and automated code generation, all of which enhance the development process and improve application quality.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Application (Web-based, Mobile-based, Desktop and Server-based, Others)
By Component (Platform, Service)
By Industry (BFSI, Retail and eCommerce, Government and Defense, Healthcare, IT, Others,)
Key players
Salesforce
Microsoft
APPIAN
Oracle
Pegasystems
Magic Software Enterprises
AgilePoint
OutSystems
Zoho
- CHAPTER 1. Executive Summary
- CHAPTER 2. Scope of the Study
- 2.1. Market Definition
- 2.2. Market Scope & Segmentation
- 2.2.1. Objective of Report
- CHAPTER 3. Evolve BI Methodology
- 3.1. Data Collection & Validation Approach
- 3.2. Market Size Estimation and Forecast
- CHAPTER 4. Exclusive Analysis
- 4.1. Market Opportunity Score
- 4.1.1. Component Segement – Market Opportunity Score
- 4.1.2. Application Segment – Market Opportunity Score
- 4.1.3. Industry Segment – Market Opportunity Score
- 4.2. Key Market Influencing Indicators
- CHAPTER 5. Market Insights and Trends
- 5.1. Value Chain Analysis
- 5.1.1. Raw Material
- 5.1.2. Manufacturing Process
- 5.1.3. Distribution Channel
- 5.1.4. End User
- 5.2. Porter’s Five Forces Analysis
- 5.2.1. Bargaining Power of Buyers
- 5.2.2. Bargaining Power of Suppliers
- 5.2.3. Threat of New Entrant
- 5.2.4. Threat of Substitute
- 5.2.5. Industry Rivalry
- 5.3. COVID-19 Impact and Post COVID Scenario on Low-code development platform Market
- 5.3.1. Impact of COVID-19
- 5.3.2. Government Support and Industry Revival Policies
- 5.3.3. Measures Taken by Companies to Mitigate Negative Impact
- 5.3.4. Post COVID Trend
- CHAPTER 6. MArket Dynamics
- 6.1. Introduction
- 6.2. Drivers
- 6.2.1. Driver 1
- 6.2.2. Driver 2
- 6.2.3. Driver 3
- 6.3. Restraints
- 6.3.1. Restraint 1
- 6.3.2. Restraint 2
- 6.4. Opportunity
- 6.4.1. Opportunity 1
- CHAPTER 7. Global Low-code development platform Market, By Component
- 7.1. Introduction
- 7.1.1. 7 Platform
- 7.1.2. Service
- CHAPTER 8. Global Low-code development platform Market, By Application
- 8.1. Introduction
- 8.1.1. Web-based
- 8.1.2. Mobile-based
- 8.1.3. Desktop and Server-based
- 8.1.4. Others
- CHAPTER 9. Global Low-code development platform Market, By Industry
- 9.1. Introduction
- 9.1.1. BFSI
- 9.1.2. Retail and eCommerce
- 9.1.3. Government and Defense
- 9.1.4. Healthcare
- 9.1.5. IT
- 9.1.6. Others
- CHAPTER 10. Global Low-code development platform Market, By Region
- 10.1. Introduction
- 10.2. NORTH AMERICA
- 10.2.1. North America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 10.2.2. North America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.2.3. North America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.2.4. North America: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.2.5. US
- 10.2.5.1. US: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.2.5.2. US: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.2.5.3. US: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.2.6. CANADA
- 10.2.6.1. Canada: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.2.6.2. Canada: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.2.6.3. Canada: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.2.7. MEXICO
- 10.2.7.1. Mexico: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.2.7.2. Mexico: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.2.7.3. Mexico: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.3. Europe
- 10.3.1. Europe: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 10.3.2. Europe: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.3.3. Europe: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.3.4. Europe: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.3.5. U.K.
- 10.3.5.1. U.K.: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.3.5.2. U.K.: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.3.5.3. U.K.: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.3.6. GERMANY
- 10.3.6.1. Germany: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.3.6.2. Germany: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.3.6.3. Germany: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.3.7. FRANCE
- 10.3.7.1. France: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.3.7.2. France: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.3.7.3. France: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.3.8. ITALY
- 10.3.8.1. Italy: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.3.8.2. Italy: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.3.8.3. Italy: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.3.9. SPAIN
- 10.3.9.1. Spain: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.3.9.2. Spain: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.3.9.3. Spain: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.3.10. BENELUX
- 10.3.10.1. BeNeLux: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.3.10.2. BeNeLux: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.3.10.3. BeNeLux: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.3.11. RUSSIA
- 10.3.11.1. Russia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.3.11.2. Russia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.3.11.3. Russia: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.3.12. REST OF EUROPE
- 10.3.12.1. Rest of Europe: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.3.12.2. Rest of Europe: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.3.12.3. Rest of Europe: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.4. Asia Pacific
- 10.4.1. Asia Pacific: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 10.4.2. Asia Pacific: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.4.3. Asia Pacific: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.4.4. Asia Pacific: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.4.5. CHINA
- 10.4.5.1. China: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.4.5.2. China: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.4.5.3. China: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.4.6. JAPAN
- 10.4.6.1. Japan: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.4.6.2. Japan: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.4.6.3. Japan: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.4.7. INDIA
- 10.4.7.1. India: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.4.7.2. India: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.4.7.3. India: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.4.8. SOUTH KOREA
- 10.4.8.1. South Korea: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.4.8.2. South Korea: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.4.8.3. South Korea: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.4.9. THAILAND
- 10.4.9.1. Thailand: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.4.9.2. Thailand: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.4.9.3. Thailand: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.4.10. INDONESIA
- 10.4.10.1. Indonesia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.4.10.2. Indonesia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.4.10.3. Indonesia: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.4.11. MALAYSIA
- 10.4.11.1. Malaysia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.4.11.2. Malaysia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.4.11.3. Malaysia: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.4.12. AUSTRALIA
- 10.4.12.1. Australia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.4.12.2. Australia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.4.12.3. Australia: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.4.13. REST FO ASIA PACIFIC
- 10.4.13.1. Rest fo Asia Pacific: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.4.13.2. Rest fo Asia Pacific: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.4.13.3. Rest fo Asia Pacific: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.5. South America
- 10.5.1. South America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 10.5.2. South America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.5.3. South America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.5.4. South America: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.5.5. BRAZIL
- 10.5.5.1. Brazil: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.5.5.2. Brazil: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.5.5.3. Brazil: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.5.6. ARGENTINA
- 10.5.6.1. Argentina: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.5.6.2. Argentina: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.5.6.3. Argentina: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.5.7. REST OF SOUTH AMERICA
- 10.5.7.1. Rest of South America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.5.7.2. Rest of South America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.5.7.3. Rest of South America: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.6. Middle East & Africa
- 10.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 10.6.2. Middle East & Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.6.3. Middle East & Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.6.4. Middle East & Africa: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.6.5. SAUDI ARABIA
- 10.6.5.1. Saudi Arabia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.6.5.2. Saudi Arabia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.6.5.3. Saudi Arabia: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.6.6. UAE
- 10.6.6.1. UAE: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.6.6.2. UAE: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.6.6.3. UAE: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.6.7. EGYPT
- 10.6.7.1. Egypt: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.6.7.2. Egypt: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.6.7.3. Egypt: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.6.8. SOUTH AFRICA
- 10.6.8.1. South Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.6.8.2. South Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.6.8.3. South Africa: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- 10.6.9. REST OF MIDDLE EAST & AFRICA
- 10.6.9.1. Rest of Middle East & Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 10.6.9.2. Rest of Middle East & Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 10.6.9.3. Rest of Middle East & Africa: Market Size and Forecast, By Industry, 2023 – 2033 ($ Million)
- CHAPTER 12. Competitive Landscape
- 12.1. Competitior Benchmarking 2023
- 12.2. Market Share Analysis
- 12.3. Key Developments Analysis By Top 5 Companies
- 12.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players
- CHAPTER 13. Company Profiles
- 13.1. Salesforce
- 13.1.1. Business Overview
- 13.1.2. Financial Analysis
- 13.1.2.1. Business Segment Revenue, 2020, 2021, 2022, $ Million
- 13.1.2.2. Geographic Revenue Mix, 2022 (% Share)
- 13.1.3. Product Portfolio
- 13.1.4. Recent Development and Strategies Adopted
- 13.1.5. SWOT Analysis
- 13.2. Microsoft
- 13.3. APPIAN
- 13.4. Oracle
- 13.5. Pegasystems
- 13.6. Magic Software Enterprises
- 13.7. AgilePoint
- 13.8. OutSystems
- 13.9. Zoho
- 13.10. K2
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook