Canada Low-code Application Development Platform Market Size & Outlook
Canada low-code application development platform market, 2018-2030 (US$M)
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Canada low-code application development platform market highlights
- The Canada low-code application development platform market generated a revenue of USD 2,010.0 million in 2023 and is expected to reach USD 7,423.9 million by 2030.
- The Canada market is expected to grow at a CAGR of 20.5% 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 2,010.0 million |
| Market revenue in 2030 | USD 7,423.9 million |
| Growth rate | 20.5% (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, Canada accounted for 8.1% 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 North America, U.S. low-code application development platform market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 7,423.9 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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Canada 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 73.29% in 2023. Horizon Databook has segmented the Canada low-code application development platform market based on platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
Advances in technology, dedicated Research & Development (R&D initiatives, and aggressive investments by both investors and the government in technology and innovation bode well for the growth of the low-code application development platform market in Canada.
In February 2023, Appian, a low-code app development platform provider, announced that Canadian federal agencies and departments can access Appian’s Cloud through Public Services and Procurement Canada (PSPC) and the Appian Supply Arrangement, thereby enabling Canadian agencies to drive modernization programs with Appian.
Innovations in applications and reinvention of the existing applications offered by the platform significantly support the modern Canadian mandates and end-to-end process automation using the low-code platform to ensure true federal agility.
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Target buyers of Canada 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 Canada low-code application development platform market , including forecasts for subscribers. This country databook contains high-level insights into Canada low-code application development platform market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada low code application development platform market size, by component, 2018-2030 (US$M)
Canada Low-Code Application Development Platform Market Outlook Share, 2023 & 2030 (US$M)
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