The Low-Code Development Platform Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Low-Code Development Platform Market?
The market size for the low-code development platform has experienced substantial growth in recent years. The market is projected to increase from $39.64 billion in 2024 to $50.31 billion in 2025, with a compound annual growth rate (CAGR) of 26.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Low-Code Development Platform Industry?
The Low-Code Development Platform Global Market is anticipated to expand significantly, reaching a projected worth of $157.66 billion in 2029. The market will experience a compound annual growth rate (CAGR) of 33.0% during this period.
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What are the Key Growth Drivers Fueling the Low-Code Development Platform Market?
The key drivers in the low-code development platform market are:
• Cross-platform development capabilities of low-code platforms
• Intensified focus on security in development platforms
• Expansion of industry-specific solutions tailored by low-code platforms
• Scalability and open source low-code solutions becoming a priority.
Global Market Segmentation: Identifying Major Low-Code Development Platform Industry Segments
The low-code development platform market covered in this report is segmented –
1) By Component: Platform, Services
2) By Application: Web-Based, Mobile-Based, Desktop And Server-Based
3) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
4) By Industry: Banking, Financial Services, And Insurance (BFSI), Retail And eCommerce, Government And Defense, Healthcare, IT, Energy And Utilities, Manufacturing
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What are the Emerging Trends Shaping the Future of the Low-Code Development Platform Market?
The key trends in the alternative powertrain market are:
• Rapid adoption of low-code platforms is gaining momentum in the market.
• There is an increasing trend in integrating low-code platforms with DevOps practices.
• Mobile app development is expanding within the low-code development platform market.
• The market is experiencing growth in the area of security enhancements in low-code solutions.
Who Are the Top Competitors & Leading Players in the Low-Code Development Platform Market?
Major companies in the low-code development platform market are:
• AgilePoint Inc.
• Appian Corporation
• Caspio Inc.
• Fujitsu RunMyProcess Inc.
• Nintex Software Inc.
• LANSA Inc.
• Magic Software Enterprises Ltd.
• MatsSoft Limited
• Mendix Technology Inc.
• Microsoft Corporation
• Netcall Ltd.
• Oracle Corporation
• OutSystems Inc.
• Pegasystems Inc.
• QuickBase Inc.
• Salesforce.com Inc.
• ServiceNow Inc.
• WaveMaker Inc.
• Zoho Corporation Pvt. Ltd.
• Google LLC
• TrackVia Inc.
• Bizagi Process Automation Inc.
• Boomi Inc.
• Bubble Group Inc.
• DronaHQ (Deltecs InfoTech Pvt. Ltd.)
• HCL Domino
• Intuit QuickBase
• KiSSFLOW Inc.
Regional Dominance: Which Area Leads the Global Low-Code Development Platform Market?
North America was the largest region in the low-code development platform market in 2024
