Global Low-code Application Development Platform Market Size & Outlook
Global low-code application development platform market, 2018-2030 (US$M)
Related Markets
Global low-code application development platform market highlights
- The global low-code application development platform market generated a revenue of USD 24,829.9 million in 2023 and is expected to reach USD 101,679.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 22.3% by 2030.
- In terms of segment, platform accounted for a revenue of USD 17,793.5 million in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 24,829.9 million |
| Market revenue in 2030 | USD 101,679.8 million |
| Growth rate | 22.3% (CAGR from 2023 to 2030) |
| Largest segment | Platform |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Platform, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 32.5% of the global low-code application development platform market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 20,096.5 million by 2030.
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Low-Code Application Development Platform Market Scope
Low-Code Application Development Platform Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global low-code application development platform market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to low-code application development platform market will help companies and investors design strategic landscapes.
Platform was the largest segment with a revenue share of 71.66% in 2023. Horizon Databook has segmented the Global low-code application development platform market based on platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Low-Code Application Development Platform Component Outlook (Revenue, USD Million, 2018-2030)
- Platform
- Services
- Global Low-Code Application Development Platform Application Outlook (Revenue, USD Million, 2018-2030)
- Web based
- Mobile based
- Global Low-Code Application Development Platform Deployment Outlook (Revenue, USD Million, 2018-2030)
- Cloud-based
- On-premises
- Global Low-Code Application Development Platform Organization Size Outlook (Revenue, USD Million, 2018-2030)
- Small and medium-sized Enterprises
- Large Enterprises
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Target buyers of Global low-code application development platform market databook
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Our clientele includes a mix of low-code application development platform market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global low-code application development platform market , including forecasts for subscribers. This global databook contains high-level insights into Global low-code application development platform market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global low code application development platform market size, by region, 2018-2030 (US$M)
Top 10 countries: Low code application development platform market size, 2023 (US$M)
Global low code application development platform market share, by component, 2023 & 2030 (%, US$M)
Low-code application development platform market: Opportunity assessment by country
Global low-code application development platform market, by region, 2023 (US$M)
| Component | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 3,595.9 | 4,142.9 | 4,959.1 | 5,812.2 | 6,844.6 | 8,081.3 | 9,549.3 | 11,306.2 | 13,419.9 | 15,968.0 | 19,079.3 | 22,865.2 | 27,520.4 | 19.1% |
| Europe | 2,506.8 | 2,977.0 | 3,673.3 | 4,437.8 | 5,387.1 | 6,556.3 | 7,985.9 | 9,746.4 | 11,924.8 | 14,626.1 | 18,014.2 | 22,253.7 | 27,609.3 | 22.8% |
| Asia Pacific | 2,155.8 | 2,606.1 | 3,273.3 | 4,025.4 | 4,974.1 | 6,162.2 | 7,640.5 | 9,491.9 | 11,821.7 | 14,759.6 | 18,504.6 | 23,269.3 | 29,386.9 | 25.0% |
| Latin America | 799.0 | 960.2 | 1,199.0 | 1,465.8 | 1,800.6 | 2,217.7 | 2,733.5 | 3,375.9 | 4,179.9 | 5,188.0 | 6,466.2 | 8,083.4 | 10,148.7 | 24.3% |
| MEA | 627.5 | 769.7 | 974.4 | 1,200.2 | 1,477.0 | 1,812.4 | 2,214.4 | 2,697.2 | 3,277.4 | 3,972.3 | 4,810.3 | 5,812.2 | 7,014.5 | 21.3% |
| Overall | 9,685.0 | 11,456.0 | 14,079.0 | 16,941.5 | 20,483.3 | 24,829.9 | 30,123.6 | 36,617.6 | 44,623.7 | 54,514.1 | 66,874.6 | 82,283.8 | 101,679.8 | 22.3% |
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