South Africa Low-code Application Development Platform Market Size & Outlook
South Africa low-code application development platform market, 2018-2030 (US$M)
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South Africa low-code application development platform market highlights
- The South Africa low-code application development platform market generated a revenue of USD 650.1 million in 2023 and is expected to reach USD 2,527.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 21.4% 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 650.1 million |
| Market revenue in 2030 | USD 2,527.6 million |
| Growth rate | 21.4% (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, South Africa accounted for 2.6% 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 Middle East & Africa, South Africa low-code application development platform market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2,264.5 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 |
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South 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 67.59% in 2023. Horizon Databook has segmented the South Africa low-code application development platform market based on platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
The evolution of digital businesses and aggressive investments in emerging technologies are expected to open new growth opportunities for the growth of the low-code application development platform market in South Africa.
Initiatives being pursued by the government to promote the adoption of innovative solutions based on the latest technologies, such as ML, AL, cloud computing, and business analytics, are also expected to drive the demand for low-code application development platforms across South Africa.
For instance, in March 2022, Creatio, a low-code, no-code application development platform, announced a strategic partnership with Digiata, an IT business solutions provider offering solutions to companies across Sub-Saharan Africa.
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Target buyers of South 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 country-level data and insights on the South Africa low-code application development platform market , including forecasts for subscribers. This country databook contains high-level insights into South Africa low-code application development platform market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa low code application development platform market size, by component, 2018-2030 (US$M)
South Africa Low-Code Application Development Platform Market Outlook Share, 2023 & 2030 (US$M)
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