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Low-code development platform Market

Publisher Evolve Business Intelligence
Published Apr 14, 2025
SKU # EVBI19931988

Description

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

Table of Contents

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

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