Market revenue in 2023 | USD 232.4 million |
Market revenue in 2030 | USD 1,219.0 million |
Growth rate | 26.7% (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 75.6% in 2023. Horizon Databook has segmented the UK no code ai platform market based on no-code ai platforms, services covering the revenue growth of each sub-segment from 2018 to 2030.
In the U.K., no-code platforms are advancing in emerging technology fields such as computer vision, enabling users to create applications for image recognition, object detection, and augmented reality without extensive coding. The growing demand for advanced visual AI applications across diverse industries in the U.K. is likely to drive the no-code AI platform market.
The market is witnessing continued enhancements in user interfaces and overall user experience within no-code platforms, including a stronger emphasis on user-friendliness, incorporating features such as seamless drag-and-drop functionalities, and intuitive designs.
These refinements aim to broaden accessibility, enabling users from diverse backgrounds and skill levels to effortlessly leverage no-code platforms for streamlined AI application development.
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