Latin America Low-code Application Development Platform Market Size & Outlook
Latin America low-code application development platform market, 2018-2030 (US$M)
Related Markets
Latin America low-code application development platform market highlights
- The Latin America low-code application development platform market generated a revenue of USD 2,217.7 million in 2023.
- The market is expected to grow at a CAGR of 24.3% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 2,217.7 million |
| Market revenue in 2030 | USD 10,148.7 million |
| Growth rate | 24.3% (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 |
| 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, Latin America region accounted for 8.9% of the global low-code application development platform market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 29,386.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Low-Code Application Development Platform Market Scope
Low-Code Application Development Platform Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 70.51% in 2023. Horizon Databook has segmented the Latin America low-code application development platform market based on platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
The growing adoption of connected, automation applications based on the latest technologies is encouraging the adoption of low-code application development platform across IT & telecommunications, manufacturing, retail, and BFSI, among other industries and industry verticals, in the Latin American region.
Small and Medium Enterprises and startups in the region are constantly exploring cost-effective, flexible, and scalable application development platforms, which can be easily used by people with limited coding expertise.
The company was expecting the new office to provide a strategic base location for the company to collaborate more closely with its business partners and provide its regional customers with end-to-end process automation solutions.
Reasons to subscribe to Latin America low-code application development platform market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America low-code application development platform market databook
-
Our clientele includes a mix of low-code application development platform market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America low-code application development platform market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America low-code application development platform market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America low code application development platform market size, by country, 2018-2030 (US$M)
Latin America Low-Code Application Development Platform Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
