Australia Low-code Application Development Platform Market Size & Outlook
Australia low-code application development platform market, 2018-2030 (US$M)
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Australia low-code application development platform market highlights
- The Australia low-code application development platform market generated a revenue of USD 772.9 million in 2023 and is expected to reach USD 4,202.1 million by 2030.
- The Australia market is expected to grow at a CAGR of 27.4% from 2024 to 2030.
- In terms of segment, platform was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Low-code application development platform market data book summary
| Market revenue in 2023 | USD 772.9 million |
| Market revenue in 2030 | USD 4,202.1 million |
| Growth rate | 27.4% (CAGR from 2023 to 2030) |
| Largest segment | Platform |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Platform, Services |
| Key market players worldwide | Appian Corp A, Fujitsu Ltd, Microsoft Corp, Oracle Corp, Pegasystems Inc, Salesforce Inc, ServiceNow Inc, Tyler Technologies Inc, Betty Blocks, LANSA JAPAN, Mendix, Nintex, OutSystems, TrackVia, Zoho |
Other key industry trends
- In terms of revenue, Australia accounted for 3.1% of the global low-code application development platform market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China low-code application development platform market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 7,339.7 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 |
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Australia 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 73.5% in 2023. Horizon Databook has segmented the Australia low-code application development platform market based on platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
Australia is known for its tech-savvy population and a vibrant startup ecosystem, both of which are driving the demand for automation solutions and connected applications based on the latest technologies in the country, thereby creating a favorable environment for adopting technology tools, including low-code application development platform.
The aggressive investments and incentives being pursued by the Australian government are also underscoring the significance of digital innovation and driving the adoption of low-code application development platform. For instance, in July 2023, Appian announced the opening of its new regional headquarters in Sydney, Australia.
The new office falls under Appian’s growth strategy, and it is expected to become a strategic hub for the company to continue its expansion in Australia and across Asia Pacific.
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Target buyers of Australia 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia low-code application development platform market , including forecasts for subscribers. This country databook contains high-level insights into Australia low-code application development platform market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia low code application development platform market size, by component, 2018-2030 (US$M)
Australia Low-Code Application Development Platform Market Outlook Share, 2023 & 2030 (US$M)
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