Low Code Development Platform Market Scope And Analysis

  • Report Code : TIPRE00006596
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 150
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Low-Code Development Platform Market Trends and Scope 2031

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Low-Code Development Platform Market Report Scope

Report Attribute Details
Market size in 2024 US$ 25.66 billion
Market Size by 2031 US$ 141.31 billion
Global CAGR (2025 - 2031) 27.6%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Component
  • Solutions and Services
By Deployment
  • On-Premises and Cloud
By Application Type
  • Web-Based and Mobile
By Organization Size
  • SMEs and Large Enterprises
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • AgilePoint
  • Appian
  • Bizagi
  • Caspio Inc
  • Microsoft
  • Mendix Technology BV
  • OutSystems
  • Salesforce com inc
  • Oracle
  • Zoho Corporation Pvt Ltd
  • Low-Code Development Platform Market News and Recent Developments

    The low-code development platform market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the low-code development platform market are listed below:

    • Today, at ServiceNow’s annual customer and partner event, Knowledge 2024, ServiceNow (NYSE: NOW), the AI platform for business transformation, introduced a new no?code development studio and new automation capabilities to accelerate and scale digital transformation across the enterprise. New Creator Studio – available with ServiceNow App Engine – extends existing low?code leadership with an intuitive, no?code experience that empowers every employee to build applications. In addition, updates to Automation Engine – part of ServiceNow’s intelligent automation offering – provide a more comprehensive view of automation and simplify robotic process automation (RPA) deployments. These new solutions and tools further complement ServiceNow’s growing Now Assist for Creator generative AI capabilities.

    (Source: ServiceNow, Press Release, May 2024)

    • Nintex, a leader in process intelligence and automation, announced it had closed its acquisition of low-code cloud platform Skuid following the deal agreement announcement on December 12, 2023.

    (Source: Nintex UK Ltd, Press Release, January 2024)

    Low-Code Development Platform Market Report Coverage and Deliverables

    The “Low-Code Development Platform Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Low-code development platform market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Low-code development platform market trends as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • Low-code development platform market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the low-code development platform market
    • Detailed company profiles