Europe No Code Ai Platform Market Size & Outlook
Europe no code ai platform market, 2018-2030 (US$M)
Related Markets
Europe no code ai platform market highlights
- The Europe no code ai platform market generated a revenue of USD 990.7 million in 2023.
- The market is expected to grow at a CAGR of 28% 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, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 990.7 million |
| Market revenue in 2030 | USD 5,566.1 million |
| Growth rate | 28% (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, Europe region accounted for 25.8% 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 76.48% in 2023. Horizon Databook has segmented the Europe no code ai platform market based on no-code ai platforms, services covering the revenue growth of each sub-segment from 2018 to 2030.
No-code platforms expedite the development of AI applications, enabling businesses to bring their innovations to market more swiftly. This quick turnaround is essential in the dynamic and highly competitive business environment in Europe.
Companies using these platforms benefit from the efficient and quick development of a variety of business solutions, allowing them to stay flexible and responsive in the fast-paced European market. No-code platforms are empowering professionals across Europe to engage in AI-driven problem-solving across a spectrum of industries in the region without the need for extensive coding skills.
This enhanced efficiency streamlines processes and contributes to promoting a culture of innovation. The growing adoption of AI solutions and tools in Europe is driving the popularity of no-code AI platforms. As businesses increasingly recognize the value of integrating AI solutions, the accessibility and efficiency offered by no-code platforms become crucial in facilitating their broader adoption.
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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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Europe no code ai platform market size, by country, 2018-2030 (US$M)
Europe No Code AI Platform Market Outlook Share, 2023 & 2030 (US$M)
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