South Korea No Code Ai Platform Market Size & Outlook
South Korea no code ai platform market, 2018-2030 (US$M)
Related Markets
South Korea no code ai platform market highlights
- The South Korea no code ai platform market generated a revenue of USD 84.0 million in 2023 and is expected to reach USD 817.2 million by 2030.
- The South Korea market is expected to grow at a CAGR of 38.4% 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 84.0 million |
| Market revenue in 2030 | USD 817.2 million |
| Growth rate | 38.4% (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 Korea accounted for 2.2% 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 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 75.71% in 2023. Horizon Databook has segmented the South Korea no code ai platform market based on no-code ai platforms, services covering the revenue growth of each sub-segment from 2018 to 2030.
Substantial investment & funding in no-code AI platform in South Korea is augmenting the market growth over the forecast period. For instance, Kore.ai, a provider of conversational and generative artificial intelligence (AI) platforms for enterprises, has successfully secured $150 million in funding.
The platform offered by Kore.ai features purpose-built workflows, configurable tools, and a versatile, open architecture. This empowers teams to develop tailored solutions or implement pre-built, domain-trained virtual assistants in diverse industries such as banking, healthcare, and retail, as well as functional roles like IT and HR.
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No Code AI Platform Market Scope
No Code AI Platform Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea no code ai platform market size, by component, 2018-2030 (US$M)
South Korea No Code AI Platform Market Outlook Share, 2023 & 2030 (US$M)
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