Low Code and No Code Machine Learning Platform Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 13.8 Billion by 2030, growing at a CAGR of 25.1% from 2024 to 2030.
The global Low Code and No Code Machine Learning (ML) platform market was valued at approximately $1.2 billion in 2022. This market has demonstrated substantial growth, driven by increasing demand for simplified ML tools that enable users with limited coding experience to develop and deploy machine learning models. The market is expected to expand at a compound annual growth rate (CAGR) of 25.5% from 2023 to 2028. This significant growth trajectory highlights the rising adoption of low code and no code solutions across various industries, including healthcare, finance, and retail, where businesses seek to leverage ML technology without extensive technical expertise.
Opportunities within the Low Code and No Code ML platform market are substantial, fueled by the accelerating digital transformation and the push for democratized AI solutions. Emerging markets, particularly in Asia-Pacific and Latin America, are projected to witness rapid adoption of these platforms due to increasing investments in technology infrastructure and a growing number of small to medium enterprises seeking cost-effective and accessible ML solutions. As organizations strive to harness the power of data-driven decision-making, the demand for platforms that simplify machine learning processes while reducing dependency on specialized skills presents significant growth prospects for market players.
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DeepLobe
Cogniflow
MakeML
Obviously Al
SuperAnnotate
Teachable Machine
Apple's Create ML
PyCaret
Lobe
MonkeyLearn
Levity AI
Microsoft PowerApps
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 and No Code Machine Learning Platform Market
Education
Finance
Bank
Industry
Other
Based on Types the Market is categorized into Below types that held the largest Low Code and No Code Machine Learning Platform market share In 2023.
Low Code Platform
No Code Platform
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 and No Code Machine Learning Platform 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 and No Code Machine Learning Platform Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Low Code and No Code Machine Learning Platform Market, By Type
6. Global Low Code and No Code Machine Learning Platform Market, By Application
7. Global Low Code and No Code Machine Learning Platform Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Low Code and No Code Machine Learning Platform Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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