Low-Code Development Platform Market to Witness Huge Growth by Key Players: Salesforce, Microsoft, Appian, Oracle, Pegasystems, Magic Software Enterprises, AgilePoint, Out Systems, Zoho, QuickBase and Others.

According to Market Study Report, Low-Code Development Platform Market provides a comprehensive analysis of the Low-Code Development Platform Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, technological trends and emerging opportunities of global industry. This report also provides market landscape and market share information in the Low-Code Development Platform Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Low-Code Development Platform Market is projected to grow from USD 13.2 Billion in 2020 to USD 45.5 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 28.1% during the forecast period. This report spread across 161 pages, profiling 20 companies and supported with 133 tables and 33 figures are now available in this research.

Top Key Players Profiled in the Low-Code Development Platform Market:
o Salesforce (US)
o Microsoft (US)
o Appian (US)
o Oracle (US)
o Pegasystems (US)
o Magic Software Enterprises (US)
o AgilePoint (US)
o Out Systems(US)
o Zoho (India)
o QuickBase (US)
o LANSA (US)
o Fujitsu RunMyProcess (France)
o Netcall (UK)
o WaveMaker (US)
o K2 (US)

"By component, the platform segment to hold a larger market size in 2020"
The low-code development platform simplifies the designing, modeling, and implementing of business application and refining and optimizing processes, which involves human interaction or multiple business disciplines. Therefore, the platform segment registers the highest growth rate during the forecast period.

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"By application type, the web-based segment to register the highest growth rate during the forecast period"
Web application is considered as a face of an organization and by using the low-code development platform organizations can roll out user-defined web-based applications quickly. Instead of writing the programming language for the development of web-based applications, employees with less development experience can also create sophisticated applications. Therefore, web-based segment holds the highest growth rate during the forecast period.

"Asia Pacific to register the highest growth rate during the forecast period"
Asia Pacific (APAC) has witnessed an advanced and dynamic adoption of new technologies and is expected to record the highest CAGR in the global low-code development platform market during the forecast period. APAC constitutes major economies, such as China, Japan, and Australia and New Zealand, which are expected to register high growth rates in the low-code development platform market. Industries such as government and defense, Information Technology (IT), healthcare, manufacturing, retail and eCommerce, Banking, Financial Services and Insurance (BFSI) are expected to adopt low-code development platform solutions at the highest rate in the region.

Breakdown of primary participants' profile:
o By Company Type: Tier 1 - 25%, Tier 2 - 40%, and Tier 3 - 35%
o By Designation: C-level - 30%, D-level - 35%, and Others - 35%
o By Region: North America - 40%,Europe- 25%, Asia Pacific- 25%,RoW - 10%

Competitive Landscape of Low-Code Development Platform Market:
1 Overview
2 Competitive Leadership Mapping
2.1 Visionary Leaders
2.2 Innovators
2.3 Dynamic Differentiators
2.4 Emerging Companies

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Reason to access this report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall low-code development platform market and its sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies.

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