Market revenue in 2023 | USD 130.7 million |
Market revenue in 2030 | USD 1,015.3 million |
Growth rate | 34% (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 77.51% in 2023. Horizon Databook has segmented the Japan 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 market expansion and growth in this region is being significantly driven by advancements and innovation in the no-code AI platform, particularly by major industry players. For instance, in December 2022, i-PRO Co., Ltd., a Japan-based company, unveiled an innovative advancement for seamless AI implementation and assessment without the need for coding, made possible through the integration of i-PRO's modular cameras with "Learning Center Connect for i-PRO" software.
Developed by AI inside Inc., this software facilitates enhanced functionality and is seamlessly integrated with "Learning Center Vision", a user-friendly tool for AI development and operation by AI inside. These products are exclusively distributed and accessible within Japan.
Similarly, in June 2023, FLUX, a leading AI platform developer based in Japan, announced the successful procurement of approximately USD 32 million in Series B funding. This funding round, led by DNX Ventures, saw participation from existing investor Archetype Ventures, as well as new supporters such as Japan Co-Investment, SMBC Nikko Securities, Aozora Corporate Investments, Sony Innovation Fund, Salesforce Ventures, and NTT Docomo Ventures.
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