Middle East & Africa Low-code Application Development Platform Market Size & Outlook
Middle East & Africa low-code application development platform market, 2018-2030 (US$M)
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MEA low-code application development platform market highlights
- The MEA low-code application development platform market generated a revenue of USD 1,812.4 million in 2023.
- The market is expected to grow at a CAGR of 21.3% 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, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 1,812.4 million |
| Market revenue in 2030 | USD 7,014.5 million |
| Growth rate | 21.3% (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, MEA region accounted for 7.3% 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.
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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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Middle East & Africa 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 69.86% in 2023. Horizon Databook has segmented the Middle East & Africa low-code application development platform market based on platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
Many companies in the MEA region have been actively pursuing digital transformation initiatives to diversify their business landscapes and gain overall operational efficiency.
Countries in the region, including the UAE and Saudi Arabia, are focusing on reducing their reliance on oil-based economies and are actively investing in technology, finance, and tourism, which is expected to drive the demand for low-code application development platform from the incumbents of these industries.
For instance, in April 2023, Seed Group, a diversified company based in Dubai, UAE and operating in healthcare, technology, tourism & hospitality, and real estate, among other industries and industry verticals, announced a strategic collaboration with Quixy, a Low-Code No-Code platform based in India.
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Target buyers of Middle East & Africa 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 continent-level data and insights on the Middle East & Africa low-code application development platform market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa low-code application development platform market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA low code application development platform market size, by country, 2018-2030 (US$M)
Middle East & Africa Low-Code Application Development Platform Market Outlook Share, 2023 & 2030 (US$M)
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