Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Low-Code Development Platform Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international ABC Market. The research
study also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and world Low-Code Development Platform Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of international Low-Code
Development Platform Market is offered.
Market
Insights:
In accordance with the report, the Low-Code Development
Platform Market is projected to expand at a CAGR of X.X% over the period of forecast. The global low-code development platform
market is expected to increase at a Compound Annual Growth Rate (CAGR) of X.X%
over the forecast period, from USD 13.2 billion in 2020 to USD XX.X billion in
2025. The growing demand for digitalization and the maturity of agile DevOps
processes are likely to boost the market for low-code development platforms
globally. Due the vast amount of data created by these businesses, the BFSI
industry demands large-scale market services and platforms. Because customer
service is the most important aspect in client acquisition and retention in the
BFSI market, organisations have introduced low-code development platforms and
services to boost automation in customer service business processes. This
industry is always providing new and enhanced financial products and services
to boost its company operations, which makes it appealing for low-code
development platform suppliers to supply innovative solutions.
Research
Methodology:
To compile
the detailed study of the global Low-Code
Development Platform market, a robust research methodology has been adopted
that aids in determining the key insights and also evaluates the growth
prospects of the Low-Code Development Platform Market.
Comprehensive and iterative research methodology focused on minimizing deviance
in order to provide the most accurate estimates and forecast possible. The
company utilizes a combination of bottom-up and top-down approaches for
segmenting and estimating quantitative aspects of the market. Our research
methodology implements a mix of primary as well as secondary research. Our
projects are initiated with secondary research, where we refer to a variety of
sources including trade databases; government published documents, investor
presentations, company annual reports, Industrial papers, and paid databases. To
carry out secondary research, the analysts have collected the information
through company annual reports, journals, company press releases, and paid
databases that were referred to gain and identify better opportunities in the Low-Code Development Platform Market. Several important
market companies are present in North America, providing low-code development
platforms and services to all end customers in the region. Both the United
States and Canada have robust economies and are projected to be key
contributors to the low-code development platform market's growth.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Low-Code Development Platform market was
affected negatively due to the shutdown of manufacturing/processing facilities
for some time. The analysts have also focused on the key measures that the
companies are opting to withstand the harsh scenario.
Segment
Covered:
Low-Code Development Platform Market report has been segmented by by component type, by
application type, by organization size, by industry also includes the market
size and forecast for all these segments. Compounded annual growth rates for
all segments have also been provided for 2021 to 2031. This report is a
compilation of first-hand information, qualitative and quantitative assessment
by industry analysts, inputs from industry experts and industry participants
across the value chain.
Key Segments:
Low-Code Development Platform Market research report includes an in-depth coverage of the
industry with estimates & forecast from 2019 to 2031, for the following
segments:
Low-Code
Development Platform Market, By Component Type, 2021-2031 (USD Million)
·
Platform
·
Services
Low-Code
Development Platform Market, By Application Type, 2021-2031 (USD Million)
·
Web-Based
·
Mobile-Based
·
Desktop
And Server-Based
Low-Code
Development Platform Market, By Organization Size, 2021-2031 (USD Million)
·
Small
And Medium-Sized Enterprises (SMES)
·
Large
Enterprises
Low-Code
Development Platform Market, By End use Industry, 2021-2031 (USD Million)
·
BFSI
·
Energy
And Utilities
·
Government
And Defense
·
Healthcare
·
IT
·
Manufacturing
·
Retail
And Ecommerce
·
Others
(Education, Transportation And Logistics, And Media And Entertainment)
Report
Highlights:
The prime objective of the Low-Code
Development Platform market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Low-Code
Development Platform Market, By Region, 2021-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Low-Code
Development Platform market:
·
AgilePoint
·
Appian
·
Fujitsu
·
LANSA
·
Magic
Software Enterprises
·
Microsoft
·
Netcall
(UK)
·
Oracle
·
OutSystems
·
Pegasystems
·
Quick
Base
·
RunMyProcess
·
Salesforce
·
WaveMaker
·
Zoho
(India)
·
K2
·
Others
Low-Code
Development Platform Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key
players' strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market
size in terms of volume and value, past, present, and future scenario
·
Potential
and specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.
