Asia Pacific No Code Ai Platform Market Size & Outlook
Asia Pacific no code ai platform market, 2018-2030 (US$M)
Related Markets
Asia Pacific no code ai platform market highlights
- The Asia Pacific no code ai platform market generated a revenue of USD 958.1 million in 2023.
- The market is expected to grow at a CAGR of 36% from 2024 to 2030.
- In terms of segment, no-code ai platforms 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, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 958.1 million |
| Market revenue in 2030 | USD 8,254.9 million |
| Growth rate | 36% (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 |
| Key market players worldwide | Amazon.com Inc, Apple Inc, Caspio, Alphabet Inc Class A, Microsoft Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 25.0% of the global no code ai 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 8,254.9 million by 2030.
No-code ai platforms was the largest segment with a revenue share of 76.96% in 2023. Horizon Databook has segmented the Asia Pacific no code ai platform market based on no-code ai platforms, services covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is anticipated to register the fastest CAGR over the forecast period. The region has a thriving start-up ecosystem, with numerous technology start-ups emerging in countries like China, India, Singapore, and South Korea. Many of these start-ups focus on AI and seek accessible tools to build AI applications.
No-code AI platforms provide an attractive solution for these start-ups, enabling them to develop AI applications without requiring extensive technical resources and expertise. Furthermore, no-code AI platforms that cater to the specific needs and languages of the Asia Pacific market are gaining traction.
These platforms offer localized interfaces, language support, and industry-specific solutions to address the unique requirements of businesses in the region. For instance, in March 2023, Tech Data Corp. announced a strategic partnership with Simplifai.ai, an AI process automation company. This partnership aims to bring Simplifai's advanced automation solutions to key markets in the Asia Pacific region.
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No Code AI Platform Market Scope
No Code AI Platform Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific no code ai platform market size, by country, 2018-2030 (US$M)
Asia Pacific No Code AI Platform Market Outlook Share, 2023 & 2030 (US$M)
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