Market revenue in 2023 | USD 214.2 million |
Market revenue in 2030 | USD 1,263.5 million |
Growth rate | 28.9% (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 76.8% in 2023. Horizon Databook has segmented the Germany no code ai platform market based on no-code ai platforms, services covering the revenue growth of each sub-segment from 2018 to 2030.
Germany's strong focus on technological innovation, especially in the context of Industry 4.0, is one of the key factors driving the adoption of no-code AI platforms. These platforms provide a simplified approach for businesses, particularly in manufacturing, to promptly integrate AI solutions into their operations within the framework of Industry 4.0. Germany has a robust innovation ecosystem with a focus on technology and entrepreneurship.
No-code AI platforms contribute to this ecosystem by providing a toolset that empowers startups and established businesses equally to innovate and experiment with AI-driven solutions. No-code platforms highlight the significance of optimizing efficiency and ensuring cost-effectiveness.
Within the dynamic and competitive business environment of Germany, companies are inclined toward tools that facilitate the quick development of AI applications, without requiring extensive resources or time investments. This trend is likely to continue to drive the demand for no-code AI platforms in the country in the near future.
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