Brazil No Code Ai Platform Market Size & Outlook
Brazil no code ai platform market, 2018-2030 (US$M)
Related Markets
Brazil no code ai platform market highlights
- The Brazil no code ai platform market generated a revenue of USD 56.1 million in 2023 and is expected to reach USD 377.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 31.3% 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.
No code ai platform market data book summary
| Market revenue in 2023 | USD 56.1 million |
| Market revenue in 2030 | USD 377.5 million |
| Growth rate | 31.3% (CAGR from 2023 to 2030) |
| Largest segment | No-code ai platforms |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Brazil accounted for 1.5% of the global no code ai platform market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil no code ai platform market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 326.4 million by 2030.
No-code ai platforms was the largest segment with a revenue share of 77.36% in 2023. Horizon Databook has segmented the Brazil 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 growing awareness about data security and privacy protection is driving the demand for no-code AI platforms in Brazil. No-code AI platforms are designed while abiding by stringent data protection standards. Hence, enterprises are prioritizing solutions that allow them to build AI applications while ensuring regulatory compliance, thereby ensuring the responsible and ethical use of AI.
Cloud adoption is gaining significant traction in Brazil. Businesses are leveraging the scalability and accessibility of cloud infrastructure to deploy and manage AI applications seamlessly. Cloud deployment is helping enhance the overall efficiency and performance of no-code AI platforms.
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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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Brazil no code ai platform market size, by component, 2018-2030 (US$M)
Brazil No Code AI Platform Market Outlook Share, 2023 & 2030 (US$M)
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