South Africa No Code Ai Platform Market Size & Outlook
South Africa no code ai platform market, 2018-2030 (US$M)
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South Africa no code ai platform market highlights
- The South Africa no code ai platform market generated a revenue of USD 23.4 million in 2023 and is expected to reach USD 200.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 35.9% 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 23.4 million |
| Market revenue in 2030 | USD 200.2 million |
| Growth rate | 35.9% (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 |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.6% 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 Middle East & Africa, Saudi Arabia no code ai platform market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 444.3 million by 2030.
No-code ai platforms was the largest segment with a revenue share of 76.92% in 2023. Horizon Databook has segmented the South Africa no code ai platform market based on no-code ai platforms, services covering the revenue growth of each sub-segment from 2018 to 2030.
Digital transformation is gaining traction across various industries and industry verticals in South Africa, thereby propelling the demand for no-code AI platforms. The need for accessible and efficient AI solutions is driving the adoption of no-code AI platforms to streamline processes, enhance productivity, and enable non-technical users to actively contribute to the development of AI applications.
The integration of no-code AI platforms with business intelligence tools is gaining traction in South Africa as businesses in the country are embracing data-driven decision-making. This integration allows organizations to derive valuable insights from data without having to write any extensive code, empowering decision-makers to make informed choices and driving the democratization of data analytics.
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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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South Africa no code ai platform market size, by component, 2018-2030 (US$M)
South Africa No Code AI Platform Market Outlook Share, 2023 & 2030 (US$M)
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