This research explores the Global Low-Code Development Platform Market Size and covers many market-related topics, including market size, status, trends, and forecasts. It also gives a quick overview of the industry's competitors and important market drivers. The report contains a comprehensive analysis of the global Low-Code Development Platform market Share, split by companies, regions, types, and applications.

Low-Code Development Platform Market Outlook by 2029, Key dynamics, Key Trends, Key Opportunities, and Competitive Landscape.

The market for Low-Code Development Platform Market size was valued at USD 17.25 Bn. in 2021 and the total Low-Code Development Platform revenue is expected to grow at 27.8% from 2022 to 2029, reaching nearly USD 122.75 Bn. A report on the Low-Code Development Platform industry has been created by Maximize Market Research (MMR), a provider of Engineering Equipment data and statistics for both regional and global markets. The reports cover the business environment, local market statistics, and forecasts through 2029.

Low-Code Development Platform Market Overview:

The "Global Low-Code Development Platform Market Analysis" is an in-depth look at the Low-Code Development Platform market Growth, with a focus on global market trends and analysis. This study seeks to provide an overview of the Low-Code Development Platform industry as well as detailed market segmentation by segment and geography. The Low-Code Development Platform market Share is expected to expand rapidly over the forecast period. The research contains critical information on the market positions of the top Low-Code Development Platform firms, as well as significant industry trends and opportunities.

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COVID-19 Impact:

The COVID-19 has an impact on the market as a whole, and as the impact of the COVID-19 spreads in 2019–2020, the rate of growth has also been affected. In order to give decision-makers trustworthy information and experiences, the COVID-19 crisis is requiring businesses and organisations to manage risk and digitise operations. This is in line with the most recent research, viewpoints, and views from MMR on the management issues that affect the market that matter most to businesses and organisations.

Low-Code Development Platform Market Key players:

• Caspio (US)
• Mendix (US)
• OutSystems (US)
• Appian (US)
• Salesforce (US)
• Quick Base (US)
• LANSA (US)
•ServiceNow (US)
• AgilePoint (US)
• Bizagi (US)
• Dwkit (US)
• Visual LANSA (US)
• Microsoft (US)
• Oracle (US)
• Pegasystems (US)
• Magic Software Enterprises (Israel)
• Zoho (India)
• KissFlow (India)
• K2 (France)
• MatsSof t(UK)

Key company and market share insights:

The top competitors are described for the readers in this section. This research examines the key strategic actions these players employ to keep control, including product portfolio strengthening, M&A, alliances, new innovative products, and geographic coverage. The report also provides vital financial data and current happenings in addition to company objectives. Further information regarding the manufacturers' global sales, pricing, and profits from 2017 through 2022 is also available to readers.

Low-Code Development Platform Market Segment:

Due to the growing need to digitise financial services such as origination, client onboarding, self-servicing, back office operations, etc., the BFSI industry had the greatest revenue share of over 30% in 2021. Low-code development platforms are gaining popularity among them as a way to enhance user experiences, cut down on operating expenses, foster organisational agility, and accelerate time to market. The way financial service (FS) firms create value for their clients, employees, and other stakeholders has changed significantly over the course of several technological generations. The need for apps and software solutions is rising as a result of the continual need to innovate, comply with regulatory requirements, and find answers to problems more quickly than previously. Financial services companies are increasingly utilising minimal-code platforms for quick application development at a cheap cost.

Regional Analysis:

North America (United States, Canada and Mexico), Europe (UK, Germany, France, Italy, Russia, Sweden, etc.), Asia-Pacific (China, Japan, South Korea, India, Australia, ASEAN, and Rest of APAC), South America (Brazil, Argentina, etc.), and Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) are the five significant geographic regions of the Low-Code Development Platform market size.

Reasons to purchase this report:

  • We provide precise and in-depth details regarding the industry forecast.
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  • The analysis recognises that the sector's key participants and conflict and growth drivers evaluate the sector's influence from both opportunities and constraints.
  • The report provides information on each item fragment's industry share as well as its fair market value.
  • To create a comprehensive landscape and identify significant market players, we offer statistic data, strategic knowledge, and analytical tool findings. The business's efficiency will rise as a result.

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