What are the Historical Developments and Current Growth Metrics of the No-Code Development Platforms Market?
The no-code development platforms market has seen considerable growth due to a variety of factors.
• The no-code development platforms market has seen exponential growth in recent years. It is anticipated to grow from $28.11 billion in 2024 to $35.86 billion in 2025, with a compound annual growth rate (CAGR) of 27.6%.
Factors contributing to this growth include the need to reduce IT backlog, a surge in demand for no-code platforms, rising adoption of hyper-automation, integration with third-party services and APIs, and the increased use of cloud computing.
What is the Forecasted Market Size and CAGR for the No-Code Development Platforms Market?
The no-code development platforms market is expected to maintain its strong growth trajectory in upcoming years.
• The no-code development platforms market is expected to see exponential growth, reaching $93.92 billion by 2029 with a CAGR of 27.2%.
This growth is driven by the increasing need for digital transformation, rapid retail and e-commerce growth, expanding construction projects, rising demand for mobility solutions, and the need for rapid application development (RAD). Major trends include technological advancements, expansion of low-code features, AI and machine learning integration, enhanced drag-and-drop interfaces, and blockchain integration.
What Key Factors and Trends Are Driving The Growth No-Code Development Platforms Market?
The rising demand for digital transformation is expected to drive the growth of the no-code development platforms market. Digital transformation refers to integrating digital technologies into businesses, changing how they operate. The shift toward digital transformation is driven by remote work trends, data-driven decision-making, and efficiency goals. No-code platforms allow non-technical staff to create apps and automate processes, accelerating digital transformation efforts. For example, in November 2023, the UK's Central Digital and Data Office reported a 9% growth in the number of professionals in the Government Digital and Data sector, emphasizing the need for no-code platforms.
What Are The Market Segments In The No-Code Development Platforms Market?
The no-code development platforms market covered in this report is segmented –
1) By Component: Platform, Services
2) By Deployment: On-Premise, Cloud
3) By Organization: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)
4) By Application: Desktop And Server-Based, Mobile-Based, Web-Based
5) By End-Use: Construction, Oil And Gas, Manufacturing, Banking, Financial Services, And Insurance (BFSI), Retail And E-commerce, Real Estate, Healthcare, Other End-Uses
Subsegments:
1) By Platform: Application Development Platform, Workflow Automation Platform, Integration Platform, Data Management Platform, Low-Code Or No-Code App Builders
2) By Services: Consulting Services, Integration Services, Training And Support Services, Managed Services, Custom Development Services
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What Emerging Trends Are Influencing The Growth Of The No-Code Development Platforms Market?
Key players in the no-code development platform industry are focusing on the introduction of cutting-edge solutions, like centralized workplaces. This strategic approach facilitates the creation and personalization of AI-powered applications and procedures. The term "centralized workplace" denotes a unified, integrated setting where application development projects can be accessed, managed, and collaborated upon from a single location or dashboard. In the context of this trend, Creatio, a software provider from the US specializing in workflow automation and a CRM with no-code development, introduced Creatio Copilot in March 2024. This tool offers straightforward, no-code interfaces that enable users to define workflows, automate operations, and develop apps without requiring any programming skills. The Copilot simplifies the intricate process of designing campaign workflows by enabling users to describe their desired campaign, which the tool then arranges based on previous campaigns and established best practices. By enriching the text and graphics of emails and landing pages based on the descriptions supplied, aligning with the preferences of consumers, and featuring tailored product suggestions, the Copilot aids businesses in creating engaging content.
Who Are the Key Players In The No-Code Development Platforms Market?
Major companies operating in the no-code development platforms market are:
• SAP SE
• ServiceNow Inc.
• Pegasystems Inc.
• Hexaware Technologies Limited
• Zoho Corporation
• Quickbase Inc.
• Webflow Inc.
• Creatio
• Caspio Inc.
• Glide
• Appy Pie
• Kissflow Inc.
• AppSheet
• Airtable
• Knack
• Kintone Corporation
• Bubble Group Inc.
• Betty Blocks
• Thunkable Inc.
• Kianda Technologies
• Bravo Studio
• Landbot
• Adalo
• Clappia
• Unqork
What Are The Regional Insights Into The No-Code Development Platforms Market?
North America was the largest region in the no-code development platforms market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the no-code development platforms market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
