Market revenue in 2023 | USD 322.9 million |
Market revenue in 2030 | USD 1,842.6 million |
Growth rate | 28.2% (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 |
No-code ai platforms was the largest segment with a revenue share of 76.22% in 2023. Horizon Databook has segmented the Canada no code ai platform market based on no-code ai platforms, services covering the revenue growth of each sub-segment from 2018 to 2030.
Canadian enterprises are increasingly embracing advanced technologies through digital transformation to optimize their operations. This includes the growing use of no-code AI platforms by organizations looking to integrate AI capabilities with minimal reliance on traditional coding.
No-code platforms, with their versatile capabilities, empower businesses across diverse sectors in Canada, including healthcare, finance, and manufacturing, to develop customized AI applications. The flexibility of no-code platforms caters to Canada's diverse economic environment, empowering organizations to confront challenges and seize opportunities specific to their respective industries.
Canadian businesses are utilizing predictive analytics to comprehend customer behavior and preferences. In this regard, no-code platforms enable organizations to develop and refine customer-centric predictive models easily. This iterative process enhances the accuracy of predictions and contributes significantly to elevating overall customer experiences and satisfaction levels.
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