The global no-code development platforms market size was USD 12.17 Billion in 2020 and is expected to reach USD 68.05 Billion in 2028 and register a revenue CAGR of 24.2%, during the forecast period, according to latest analysis by Emergen Research. Some of the major factors driving global no-code development platforms market revenue growth are increasing need for faster application deployment and the rising need to improve productivity. Increasing demand for paperless management systems across various industries is also expected to boost revenue growth of the global market going ahead.
Apps developed using traditional application development methods might take years to deploy. It is not uncommon in today's fast-paced corporate world for workers to request for applications to assist them to resolve problems, only to leave or change positions even before the application is completely developed. This trend could be changed by using a no-code platform. Workers can easily implement such apps required to do their jobs due to no-code development, which enables employees to build and deploy a company management app in a much shorter span of time. Paper-based management systems are costly to maintain and also generally unsecured and inaccurate since papers may be lost or stolen and must be properly kept and maintained.
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The complete regional analysis covers:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Competitive Landscape:
The latest report encases an in-depth summary of the intensely competitive landscape of the global No-code Development Platforms Systems market, with systematic profiling of the companies operating across this industry. In this section of the report, experts have listed down the strategic initiatives undertaken by these market rivals for proposed business expansion. Additionally, it highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have also been assessed in the report through effective analytical tools like SWOT analysis.
Some major companies in the market include Zoho Corporation, Appy Pie Inc., AppSheet, Airtable Inc., Quickbase, Inc., Kintone Corporation, Bubble Group, Inc., Salesforce.com, Inc., Clapptron Technologies Private Limited, and Microsoft Corporation
Emergen Research has segmented the global no-code development platforms on the basis of component, application, organization size, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
- Platform
- Services
Application Outlook (Revenue, USD Billion; 2018–2028)
- Desktop Server-based
- Mobile-based
- Web-based
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
- Large Enterprises
- SMEs
End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Construction
- Oil Gas
- Manufacturing
- BFSI
- Retail E-commerce
- Real Estate
- Healthcare
Highlights from the Report
- Platform segment revenue is expected to expand at a significantly robust CAGR during the forecast period owing to rising demand for no-code platforms among businesses to effectively deploy applications.
- Web-based segment is expected to lead in terms of revenue share over the forecast period owing to rising demand for web-based apps, as web-based apps have the potential to offer several advantages to organizations.
- North America is expected to account for a largest revenue share than other regional markets over the forecast period. Increasing demand for no-code development platforms among end-users in countries in the region to quickly deploy applications is expected to fuel North America market revenue growth going ahead.
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