Mexico No Code Ai Platform Market Size & Outlook
Mexico no code ai platform market, 2018-2030 (US$M)
Related Markets
Mexico no code ai platform market highlights
- The Mexico no code ai platform market generated a revenue of USD 46.0 million in 2023 and is expected to reach USD 326.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 32.3% 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 46.0 million |
| Market revenue in 2030 | USD 326.4 million |
| Growth rate | 32.3% (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, Mexico accounted for 1.2% 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 Latin America, Brazil no code ai platform market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 326.4 million by 2030.
No-code ai platforms was the largest segment with a revenue share of 76.96% in 2023. Horizon Databook has segmented the Mexico 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 rapid advancement and deployment of Al and machine learning in Mexico contributes to the growth of the no-code AI platform market. Technologies such as automated machine learning are gaining popularity as they are designed for firms that lack ML competence.
Additionally, the adoption of edge computing, IoT, and data science solutions and services has increased across numerous industries, further boosting the region’s growth. A significant trend in the Mexico no-code AI platform market is cross-industry collaboration, whereby businesses from diverse industries and industry verticals are leveraging these platforms to develop customized solutions.
From healthcare to manufacturing, companies are using no-code AI platforms to address specific challenges unique to their respective industries, fostering innovation and efficiency across the business landscape.
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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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Mexico no code ai platform market size, by component, 2018-2030 (US$M)
Mexico No Code AI Platform Market Outlook Share, 2023 & 2030 (US$M)
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