The drag and drop app builder software market size is expected to grow from US$ 1.23 billion in 2023 to US$ 1.79 billion by 2031; it is anticipated to expand at a CAGR of 4.8% from 2023 to 2031. The rise in demand for cloud-based drag and drop app builder software is likely to remain a key drag and drop app builder software market trends.
The rapid advancements in technology, such as cloud computing and mobile app development, have contributed to the growth of the drag and drop app builder software market.
Drag and drop app builder software is a revolutionary tool that empowers businesses to create customized mobile applications without the need for complex coding or technical expertise. With this intuitive software, even individuals with limited technical knowledge can design and develop feature-rich apps that cater to their specific business needs. Furthermore, this software offers a wide range of pre-built templates and modules that can be easily customized to reflect a company's branding and unique requirements. Businesses can add their logos, colors, and fonts to create a cohesive and professional app that aligns with their brand identity.
Technological advancements, such as cloud computing and mobile app development, have played a significant role in the growth of the drag and drop app builder software market. These advancements have revolutionized the mobile app development industry and opened up new possibilities for businesses and developers to create rich and immersive mobile experiences. In conclusion, the rapid advancements in technology, including cloud computing and the adoption of low-code and no-code development platforms, have contributed to the growth of the drag and drop app builder software market. These advancements have revolutionized the mobile app development industry, making it more accessible and efficient for businesses and developers to create innovative and immersive mobile experiences.
The digitalization of economies has led to an increased demand for user-friendly app development tools, which has contributed to the growth of the drag and drop app builder software market. These platforms allow developers to create customized apps without extensive coding requirements or with minimal hand-coding, enabling them to accelerate the development of high-quality products. This is in contrast to the conventional software development life cycle (SDLC) that typically involves more time and effort. The rapid pace of digital transformation has driven companies to meet consumer needs quickly, and drag and drop app builders have emerged as a solution to facilitate this process.
Key segments that contributed to the derivation of the Drag and Drop App Builder Software market analysis are type and application.
The geographic scope of the drag and drop app builder software market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America. North America dominated the drag and drop app builder software market in 2023. The United States and Canada have heavily invested in research and development activities, leading to the development of advanced and innovative technologies in the drag and drop app builder software market. Furthermore, Small and medium-sized enterprises (SMEs) operating in the IT sector in North America are expected to drive the market due to the growing affordability of cloud-based solutions.
The regional trends and factors influencing the Drag and Drop App Builder Software Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Drag and Drop App Builder Software Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 1.23 billion |
| Market Size by 2031 | US$ 1.79 billion |
| Global CAGR (2023 - 2031) | 4.8% |
| Historical Data | 2021-2022 |
| Forecast period | 2023-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Drag and Drop App Builder Software Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Drag and Drop App Builder Software Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The Drag and Drop App Builder Software market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
(Source: Quixy, Press Release, 2020)
(Source: DronaHQ, Press Release, 2020)
The "Drag and Drop App Builder Software Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
The drag and drop app builder software market size is expected to grow from US$ 1.23 billion in 2023 to US$ 1.79 billion by 2031; it is anticipated to expand at a CAGR of 4.8% from 2024 to 2031.
The rapid advancements in technology, such as cloud computing and mobile app development, have contributed to the growth of the drag and drop app builder software market.
The rise in demand for cloud-based drag and drop app builder software is likely to remain a key drag and drop app builder software market future trends.
The key players holding the majority of shares in the global drag and drop app builder software market are DronaHQ, Salesforce, Thunkable, Inc., WaveMaker, Inc., and Zoho Corporation.
The global drag and drop app builder software market is expected to reach US$ 1.79 billion by 2031.