Global Rapid Application Development Market Size & Outlook
Global rapid application development market, 2018-2030 (US$M)
Related Markets
Global rapid application development market highlights
- The global rapid application development market generated a revenue of USD 59,040.1 million in 2024 and is expected to reach USD 480,917.8 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 41.5% by 2030.
- In terms of segment, low-code development platforms accounted for a revenue of USD 55,379.7 million in 2024.
- No-code development platforms is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, Australia is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 59,040.1 million |
| Market revenue in 2030 | USD 480,917.8 million |
| Growth rate | 41.5% (CAGR from 2025 to 2030) |
| Largest segment | Low-code development platforms |
| Fastest growing segment | No-code development platforms |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low-code development platforms, No-code development platforms |
Other key industry trends
- In terms of revenue, the North America accounted for 37.3% of the global rapid application development market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Australia is the fastest growing regional market and is projected to reach USD 14,455.0 million by 2030.
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Rapid Application Development Market Scope
Rapid Application Development Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| N-iX | View profile | 1001-5000 | Valletta, NA - Malta, Malta, Europe | http://n-ix.com |
| OutSystems | View profile | 1001-5000 | Boston, Massachusetts, United States, North America | https://www.outsystems.com |
| Zoho | View profile | 10001+ | Pleasanton, California, United States, North America | https://www.zoho.com |
| Salesforce Inc | View profile | 72682 | 415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, United States, 94105 | https://www.salesforce.com |
| Pegasystems Inc | View profile | 5406 | One Main Street, Cambridge, MA, United States, 02142 | https://www.pega.com |
| Appian Corp A | View profile | 2243 | 7950 Jones Branch Drive, McLean, VA, United States, 22102 | https://www.appian.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
Global rapid application development market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to rapid application development market will help companies and investors design strategic landscapes.
Low-code development platforms was the largest segment with a revenue share of 93.8% in 2024. Horizon Databook has segmented the Global rapid application development market based on low-code development platforms, no-code development platforms covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Rapid Application Development Type Outlook (Revenue, USD Million, 2018-2030)
- Low-code development platforms
- No-code development platforms
- Global Rapid Application Development Component Outlook (Revenue, USD Million, 2018-2030)
- Tools
- Services
- Global Rapid Application Development Business Function Outlook (Revenue, USD Million, 2018-2030)
- Sales and Marketing
- HR and Operations
- Finance
- IT
- Global Rapid Application Development Deployment Outlook (Revenue, USD Million, 2018-2030)
- Cloud
- On-premise
- Global Rapid Application Development Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- SMEs
- Large Enterprises
- Global Rapid Application Development End Use Outlook (Revenue, USD Million, 2018-2030)
- BFSI
- IT and Telecommunications
- Retail and E-commerce
- Healthcare
- Government & Public Sector
- Manufacturing
- Others
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Target buyers of Global rapid application development market databook
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Our clientele includes a mix of rapid application development market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global rapid application development market , including forecasts for subscribers. This global databook contains high-level insights into Global rapid application development market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global rapid application development market size, by regions, 2018-2030 (US$M)
Top 10 countries: Rapid application development market size, 2024 (US$M)
Global rapid application development market share, by type, 2024 & 2030 (%, US$M)
Rapid application development market: Opportunity assessment by country
Global rapid application development market, by region, 2024 (US$M)
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