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Low-Code Development Platform Market by Component (Solution and Services (Professional and Managed)), Deployment Mode, Organization Size, Vertical (Telecom and IT, BFSI, Government), and Region - Global Forecast to 2022

Low-Code Development Platform Market by Component (Solution and Services (Professional and Managed)), Deployment Mode, Organization Size, Vertical (Telecom and IT, BFSI, Government), and Region - Global Forecast to 2022

“The rising demand for software automation and innovative applications across the globe is expected to be driving the growth of the low-code development platform market”
The low-code development platform market size is expected to grow from USD 4.32 billion in 2017 to USD 27.23 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 44.49% during the forecast period. The market is expected to be driven by the increased need for software automation and innovative applications by global organizations. Similarly, the low cost of development and easy deployment features are said to be fueling the growth of the low-code development platform market. However, resentment from the technical teams in organizations is expected to be restraining the growth of the market.

Integration services in the professional services segment is expected to have the largest market size in the low-code development platform market in 2017
The integration services segment is estimated to have the largest market size in 2017. Integrating a comprehensive and robust low-code development platform with the other components of the IT system is one of the basic and most important steps toward deploying the platform. These integrations are done, keeping in mind the standards and compliances set by the government bodies and organizations.

North America is expected to contribute to the largest market share and Asia Pacific (APAC) is projected to grow at the highest CAGR during the forecast period
North America is estimated to hold the largest market share and dominate the global low-code development platform market in 2017. Factors such as the increasing focus of Application Development & Delivery (AD&D) professionals to develop customer-centric applications and the ease of development of web and mobile apps are said to be pushing organizations in North America to adopt the low-code development platform solution. APAC offers growth opportunities for the low-code development platform market to grow, as countries in this region are investing majorly for the deployment of the low-code development platform to rapidly deliver robust applications.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of the profile of primary participants is as follows:
• By Company: Tier 1 – 20%, Tier 2 – 45%, and Tier 3 – 35%
• By Designation: C-level – 48%, Director level – 37%, and Others (sales managers, marketing managers, and product managers) – 15%
• By Region: North America – 22%, Europe – 45%, APAC – 26%, and RoW – 7%
Key low-code development platform vendors are Appian (US), Salesforce (US), ServiceNow (US), AgilePoint (US), Bizagi (UK), Caspio (US), K2 (US), MatsSoft Limited (UK), Mendix (US), and OutSystems (US).

Research Coverage
The research covers the low-code development platform market on the basis of different segments, such as components (solution and services), deployment modes, organization size, application types, and verticals in North America, Europe, APAC, MEA, and Latin America. Additionally, it includes the factors that are expected to be driving the growth of the low-code development platform market and its growth opportunities. It also includes the restraining factors and challenges that are possibly limiting the growth of the low-code development platform market. Moreover, the report includes detailed company profiles of the key players offering low-code development platform and services.

The report would help the market leaders/new entrants in this market in the following ways:
1. This report segments the low-code development platform market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across different regions.
2. The report helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report helps stakeholders understand the competitors better and gain more insights to improve their positions in the business. The competitive landscape section includes competitor ecosystem, new product developments, busines expansions, partnerships, and mergers and acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • RESEARCH ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
    • Table GLOBAL LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE AND GROWTH, 2015–2022 (USD MILLION, Y-O-Y %)
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE LOW-CODE DEVELOPMENT PLATFORM MARKET
    • LOW-CODE DEVELOPMENT PLATFORM MARKET, BY REGION, 2017 VS 2022
    • LOW-CODE DEVELOPMENT PLATFORM MARKET, BY VERTICAL, 2017 VS 2022
  • MARKET OVERVIEW AND INDUSTRY TRENDS
    • INTRODUCTION
    • REGULATORY IMPLICATIONS
      • PAYMENT CARD INDUSTRY DATA SECURITY STANDARD (PCI DSS)
      • HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT (HIPAA)
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • INNOVATION SPOTLIGHT
      • Table INNOVATION SPOTLIGHT: LATEST LOW-CODE DEVELOPMENT PLATFORM INNOVATIONS
  • LOW-CODE DEVELOPMENT PLATFORM MARKET, BY COMPONENT
    • INTRODUCTION
      • Table LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
    • SOLUTION
      • Table SOLUTION: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
    • SERVICES
      • Table SERVICES: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY TYPE, 2015–2022 (USD MILLION)
      • Table SERVICES: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
      • PROFESSIONAL SERVICES
        • Table PROFESSIONAL SERVICES MARKET SIZE, BY TYPE, 2015–2022 (USD MILLION)
        • Table PROFESSIONAL SERVICES MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
        • Table TRAINING AND DEVELOPMENT MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
        • Table INTEGRATION MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
        • Table SUPPORT AND MAINTENANCE MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
      • MANAGED SERVICES
        • Table MANAGED SERVICES MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
  • LOW-CODE DEVELOPMENT PLATFORM MARKET, BY APPLICATION TYPE
    • INTRODUCTION
    • WEB-BASED
    • MOBILE
      • IOS
      • ANDROID
      • WINDOWS
  • LOW-CODE DEVELOPMENT PLATFORM MARKET, BY DEPLOYMENT MODE
    • INTRODUCTION
      • Table LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY DEPLOYMENT MODE, 2015–2022 (USD MILLION)
    • CLOUD
      • Table CLOUD: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
    • ON-PREMISES
      • Table ON-PREMISES: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
  • LOW-CODE DEVELOPMENT PLATFORM MARKET, BY ORGANIZATION SIZE
    • INTRODUCTION
      • Table LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY ORGANIZATION SIZE, 2015–2022 (USD MILLION)
    • SMALL AND MEDIUM-SIZED ENTERPRISES
      • Table SMALL AND MEDIUM-SIZED ENTERPRISES: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
    • LARGE ENTERPRISES
      • Table LARGE ENTERPRISES: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
  • LOW-CODE DEVELOPMENT PLATFORM MARKET, BY VERTICAL
    • INTRODUCTION
      • Table LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY VERTICAL, 2015–2022 (USD MILLION)
    • BANKING, FINANCIAL SERVICES, AND INSURANCE
      • Table BANKING, FINANCIAL SERVICES, AND INSURANCE: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
    • GOVERNMENT
      • Table GOVERNMENT: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
    • HEALTHCARE AND LIFE SCIENCES
      • Table HEALTHCARE AND LIFE SCIENCES: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
    • EDUCATION
      • Table EDUCATION: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
    • MEDIA AND ENTERTAINMENT
      • Table MEDIA AND ENTERTAINMENT: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
    • RETAIL AND ECOMMERCE
      • Table RETAIL AND ECOMMERCE: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
    • MANUFACTURING
      • Table MANUFACTURING: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
    • TELECOM AND IT
      • Table TELECOM AND IT: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
    • ENERGY AND UTILITIES
      • Table ENERGY AND UTILITIES: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
    • OTHERS
      • Table OTHERS: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
  • LOW-CODE DEVELOPMENT PLATFORM MARKET, BY REGION
    • INTRODUCTION
      • Table LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY REGION, 2017–2022 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
      • Table NORTH AMERICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
      • Table NORTH AMERICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY SERVICE, 2015–2022 (USD MILLION)
      • Table NORTH AMERICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY PROFESSIONAL SERVICE, 2015–2022 (USD MILLION)
      • Table NORTH AMERICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY DEPLOYMENT MODE, 2015–2022 (USD MILLION)
      • Table NORTH AMERICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY ORGANIZATION SIZE, 2015–2022 (USD MILLION)
      • Table NORTH AMERICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY VERTICAL, 2015–2022 (USD MILLION)
    • EUROPE
      • Table EUROPE: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
      • Table EUROPE: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
      • Table EUROPE: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY SERVICE, 2015–2022 (USD MILLION)
      • Table EUROPE: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY PROFESSIONAL SERVICE, 2015–2022 (USD MILLION)
      • Table EUROPE: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY DEPLOYMENT MODE, 2015–2022 (USD MILLION)
      • Table EUROPE: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY ORGANIZATION SIZE, 2015–2022 (USD MILLION)
      • Table EUROPE: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY VERTICAL, 2015–2022 (USD MILLION)
    • ASIA PACIFIC
      • Table ASIA PACIFIC: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
      • Table ASIA PACIFIC: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
      • Table ASIA PACIFIC: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY SERVICE, 2015–2022 (USD MILLION)
      • Table ASIA PACIFIC: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY PROFESSIONAL SERVICE, 2015–2022 (USD MILLION)
      • Table ASIA PACIFIC: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY DEPLOYMENT MODE, 2015–2022 (USD MILLION)
      • Table ASIA PACIFIC: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY ORGANIZATION SIZE, 2015–2022 (USD MILLION)
      • Table ASIA PACIFIC: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY VERTICAL, 2015–2022 (USD MILLION)
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY SUB-REGION, 2015–2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY SERVICE, 2015–2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY PROFESSIONAL SERVICE, 2015–2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY DEPLOYMENT MODE, 2015–2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY ORGANIZATION SIZE, 2015–2022 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY VERTICAL, 2015–2022 (USD MILLION)
    • LATIN AMERICA
      • Table LATIN AMERICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
      • Table LATIN AMERICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
      • Table LATIN AMERICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY SERVICE, 2015–2022 (USD MILLION)
      • Table LATIN AMERICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY PROFESSIONAL SERVICE, 2015–2022 (USD MILLION)
      • Table LATIN AMERICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY DEPLOYMENT MODE, 2015–2022 (USD MILLION)
      • Table LATIN AMERICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY ORGANIZATION SIZE, 2015–2022 (USD MILLION)
      • Table LATIN AMERICA: LOW-CODE DEVELOPMENT PLATFORM MARKET SIZE, BY VERTICAL, 2015–2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • PROMINENT PLAYERS OPERATING IN THE LOW-CODE DEVELOPMENT PLATFORM MARKET
    • COMPETITIVE SCENARIO
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2017
      • PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS
        • Table PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2017
      • BUSINESS EXPANSIONS
        • Table BUSINESS EXPANSIONS, 2015–2017
      • MERGERS AND ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2016–2017
  • COMPANY PROFILES
    • APPIAN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SALESFORCE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SERVICENOW
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • AGILEPOINT
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • BIZAGI
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • CASPIO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • K2
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MATSSOFT
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MENDIX
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • OUTSYSTEMS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
  • APPENDIX
    • MORE DEVELOPMENTS
      • NEW PRODUCT LAUNCHES
      • PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCTION RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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