Low-Code No-Code (LCNC) Platforms Market was valued at USD 13.8 Billion in 2022 and is projected to reach USD 49.5 Billion by 2030, growing at a CAGR of 17.7% from 2024 to 2030.
The Low-Code No-Code (LCNC) platforms market has demonstrated robust growth, with the market size reaching approximately USD 15.4 billion in 2022. This growth trajectory is expected to continue, with a compound annual growth rate (CAGR) of 28.5% projected from 2023 to 2028. This expansion is driven by the increasing adoption of LCNC solutions across various industries, as organizations seek to accelerate digital transformation and streamline application development processes. The demand for faster deployment, reduced development costs, and greater flexibility in creating applications are key factors propelling market growth.
In terms of opportunity, the LCNC market is poised for substantial growth, particularly in emerging markets where digital infrastructure is rapidly evolving. The expansion into these regions is facilitated by rising investments in technology, increasing internet penetration, and a growing need for business agility. Additionally, the market is witnessing increased adoption among small and medium-sized enterprises (SMEs), which are leveraging LCNC platforms to enhance operational efficiency without extensive IT resources. These factors collectively highlight a significant potential for growth and innovation within the LCNC platforms sector.
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SAP
IBM
Microsoft
Oracle
Appian
Mendix
Nintex
Visual LANSA
Quixy
Airtable
Caspio
OrangeScape Technologies
Quickbase
Zoho Creator
Retool
Inc.
Creatio
m-Power
NIC
WordPress
Autonom8 Inc
OutSystems
Bonita
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Low-Code No-Code (LCNC) Platforms Market
Large Corporation
SMEs
Based on Types the Market is categorized into Below types that held the largest Low-Code No-Code (LCNC) Platforms market share In 2023.
Cloud Based
On-Premise
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Low-Code No-Code (LCNC) Platforms Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Low-Code No-Code (LCNC) Platforms Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Low-Code No-Code (LCNC) Platforms Market, By Type
6. Global Low-Code No-Code (LCNC) Platforms Market, By Application
7. Global Low-Code No-Code (LCNC) Platforms Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Low-Code No-Code (LCNC) Platforms Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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