India No Code Ai Platform Market Size & Outlook, 2023-2030
India no code ai platform market, 2018-2030 (US$M)
Related Markets
India no code ai platform market highlights
- The India no code ai platform market generated a revenue of USD 87.3 million in 2023 and is expected to reach USD 965.8 million by 2030.
- The India market is expected to grow at a CAGR of 41% 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 87.3 million |
| Market revenue in 2030 | USD 965.8 million |
| Growth rate | 41% (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, India accounted for 2.3% 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 Asia Pacific, China no code ai platform market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 965.8 million by 2030.
No-code ai platforms was the largest segment with a revenue share of 77.32% in 2023. Horizon Databook has segmented the India no code ai platform market based on no-code ai platforms, services covering the revenue growth of each sub-segment from 2018 to 2030.
India's SME sector is surging with no-code AI adoption, driven by the platforms' accessibility and affordability. Industry-specific solutions, seamless software integration, and government support are fuelling growth.
With increased education, robust security features, and upskilling initiatives, no-code AI platforms hold immense potential to empower Indian SMEs, drive innovation, and contribute significantly to the nation's economic progress. As local platforms emerge and smartphone penetration rises, responsible AI development will be key to ensure ethical and sustainable growth in this promising landscape.
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No Code AI Platform Market Scope
No Code AI Platform Market Companies
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India no code ai platform market size, by component, 2018-2030 (US$M)
India No Code AI Platform Market Outlook Share, 2023 & 2030 (US$M)
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