Global No Code Ai Platform Market Size & Outlook
Global no code ai platform market, 2018-2030 (US$M)
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Global no code ai platform market highlights
- The global no code ai platform market generated a revenue of USD 3,833.3 million in 2023 and is expected to reach USD 24,422.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 30.3% by 2030.
- In terms of segment, no-code ai platforms accounted for a revenue of USD 2,945.7 million in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 3,833.3 million |
| Market revenue in 2030 | USD 24,422.7 million |
| Growth rate | 30.3% (CAGR from 2023 to 2030) |
| Largest segment | No-code ai platforms |
| 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 | No-code AI Platforms, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 39.5% of the global no code ai platform market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 5,899.4 million by 2030.
No-code ai platforms was the largest segment with a revenue share of 76.85% in 2023. Horizon Databook has segmented the Global no code ai platform market based on no-code ai platforms, services covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing demand for AI and ML applications is one of the key drivers of the no-code AI platform market. AI and ML are used across various industries, including finance, healthcare, manufacturing, and retail, to improve accuracy, efficiency, and decision-making. For instance, the healthcare industry increasingly uses AI and ML to improve patient outcomes and facilitate various processes.
AI-powered tools are used for predictive modeling, image analysis, and personalized treatment recommendations. No-code AI platform solutions can help healthcare organizations build and deploy these applications and tools at scale without needing AI experts and professionals while ensuring compliance with data privacy regulations.
No-code AI platform solutions can help retailers build and deploy these applications while ensuring the scalability and cost-effectiveness of the models. Overall, the increasing demand for AI and ML applications across various industries is driving the growth of the no-code AI platform market.
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No Code AI Platform Market Scope
No Code AI Platform Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global no code ai platform market size, by regions, 2018-2030 (US$M)
Top 10 countries: No code ai platform market size, 2023 (US$M)
Global no code ai platform market share, by component, 2023 & 2030 (%, US$M)
No code ai platform market: Opportunity assessment by country
Global no code ai platform market, by region, 2023 (US$M)
| Component | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 711.8 | 797.7 | 913.5 | 1,057.0 | 1,244.8 | 1,514.4 | 1,892.6 | 2,392.6 | 3,035.8 | 3,854.3 | 4,888.4 | 6,169.7 | 7,742.0 | 26.3% |
| Europe | 442.5 | 500.5 | 578.8 | 676.6 | 805.3 | 990.7 | 1,252.6 | 1,602.8 | 2,059.9 | 2,650.4 | 3,409.2 | 4,367.0 | 5,566.2 | 28.0% |
| Asia Pacific | 295.3 | 362.1 | 452.3 | 569.2 | 727.3 | 958.1 | 1,294.1 | 1,765.7 | 2,415.1 | 3,302.2 | 4,507.1 | 6,118.3 | 8,254.9 | 36.0% |
| Latin America | 66.4 | 78.3 | 94.3 | 114.7 | 142.1 | 181.9 | 239.3 | 318.4 | 425.6 | 569.3 | 761.4 | 1,013.8 | 1,343.3 | 33.1% |
| MEA | 62.8 | 75.5 | 92.7 | 114.8 | 144.7 | 188.1 | 251.1 | 338.8 | 458.8 | 621.5 | 840.9 | 1,132.4 | 1,516.4 | 34.7% |
| Overall | 1,578.9 | 1,814.1 | 2,131.7 | 2,532.4 | 3,064.2 | 3,833.3 | 4,929.6 | 6,418.4 | 8,395.2 | 10,997.7 | 14,407.0 | 18,801.1 | 24,422.7 | 30.3% |
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