Market revenue in 2023 | USD 1,191.5 million |
Market revenue in 2030 | USD 5,899.4 million |
Growth rate | 25.7% (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 77.15% in 2023. Horizon Databook has segmented the U.S. 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 U.S. has a diverse and highly dynamic business environment with numerous small and medium-sized enterprises that require a large number of IT resources. No-code AI platforms empower these businesses to utilize artificial intelligence tools across an array of applications without the need for specialized technical expertise.
For instance, Smartsheet is a project management software-as-a-service tool for collaboration and work management. It provides a no-code platform that enables businesses to create custom applications for project management, workflow automation, and data visualization.
The strong culture of innovation and entrepreneurship in the U.S. is a catalyst for the development of new and efficient solutions that cater to a diverse array of applications. The agility offered by no-code AI platforms enables rapid prototyping and experimentation, which are particularly essential in the fast-paced and competitive market.
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