openPR Logo
Press release

Find out the Global Low Code Development Platform Market Research and Analysis 2027

06-15-2021 08:09 AM CET | IT, New Media & Software

Press release from: Absolute Markets Insights

Find out the Global Low Code Development Platform Market

New Reports on Low Code Development Platform Market was valued at US$ 4,822.1 Mn in 2018 and is Expected to Reach US$ 170,918.6 Mn by 2027 Growing at a CAGR of 42% Over the forecast period
The primary market participants in the low code development platform market are AgilePoint Inc., Appian, Bizagi, Caspio, Inc., Kony, Inc., LucidArt AB
Absolute Markets Insights proclaims the obtainability of a new statistical data to its repository titled as, Low Code Development Platform Market. It covers the wide-ranging aspects of the businesses such as pillars, features, sales strategies, planning models to get better insights for the businesses. Furthermore, it throws light on recent developments and technological platforms, several tools, and methodologies that help to boost the performance of industries.

Request a Sample@

The IT industry is accelerating at a vigorous rate. Whether is maintenance of longstanding software or the deployment of real-time application, developers have developed a faster and efficient way of designing. Low code development platform has broken traditional barriers between businesses and IT. The LCDP plays an integral role in overcoming challenges of finding enough developers to keep projects on schedule by allowing employees to edit app faster, preventing development from blogging down the IT team. Additionally, this platform creates a secure foundation and allows developers to quickly add new functions without creating any issues. In Sep 2018, Salesforce launched Lightning Object Creator and Lightning Flow Builder on the lightning platform empowering teams to collaborate and build apps fast. This low code platform empowers IT and business users to create an intelligent, connected solution without building it from scratch. Such factors are propelling the growth of low code development platform market across the globe.

Enquiry Before Buying@

Mobile and web-based application are turning out to be the biggest assets for small and medium scale enterprises as they offer efficient and low-cost offerings with minimal risk involved. Industries are leveraging the power of mobile apps to make their operations convenient, efficient and profitable. Through mobile apps, businesses are expanding their capabilities, exploring novel opportunities and transforming everything about the way a business drives it modules. For instance, in 2017 Lenskart has launched its mobile app for marketing and retailing purpose. The app is empowered with AR technology which allows customers to virtually check spectacle frames without visiting the store. This application allows the customers to have a hassle-free expedition towards their desired product, while it opens a large pool of audience for the organization. These factors are up surging the rate of adoption of low code development platform market across the globe.

The detailed research study provides a qualitative and quantitative analysis of global low code development platform market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major states. The supply-side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major states across the globe.

Key Findings of the Report:

• In terms of revenue, global low code development platform market is expected to reach US$ 170,918.6 Mn by 2027 owing to proliferation of smartphones across various end-use industries.

• On the basis of industry verticals, Bank Financial Services and Insurance segment is expected to witness highest CAGR over the forecast period owing to the growing demand for software automation in the industry.

• Based on deployment model, the cloud based segment is expected to witness the highest CAGR over the forecast period owing to the flexible and customizable solution offered by this model.

• The primary market participants in the low code development platform market are AgilePoint Inc., Appian, Bizagi, Caspio, Inc., Kony, Inc., LucidArt AB, Mendix Tech BV, Oracle Corporation, Microsoft, Netcall, Google, LLC, OutSystems,, Inc., SourceCode Technology Holdings, Inc. (K2), Zoho Corporation.

Request for Customization@

Low Code Development Platform Market

By Component
• Solutions
• Services
o Professional Services
o Managed Services

By Deployment Model
• Cloud-based
o Public
o Private
o Hybrid
• On-Premise

By Organization Size
• Small and Medium Enterprises (SMEs)
• Large Enterprises

By Industry/Vertical
• Banking, Financial Services and Insurance (BFSI)
• Energy and Utilities
• Government
• Healthcare
• Legal Services
• Manufacturing
• Retail
• Others

By Region
• North America
o U.S
o Canada
o Mexico
o Rest of North America

• Europe
o France
o The UK
o Spain
o Germany
o Italy
o Nordic Countries
 Denmark
 Finland
 Iceland
 Sweden
 Norway
o Benelux Union
 Belgium
 The Netherlands
 Luxembourg
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o New Zealand
o Australia
o South Korea
o Southeast Asia
 Indonesia
 Thailand
 Malaysia
 Singapore
 Rest of Southeast Asia
o Rest of Asia Pacific

• Middle East and Africa
o Saudi Arabia
o Egypt
o Kuwait
o South Africa
o Rest of Middle East & Africa

• Latin America
o Brazil
o Argentina
o Rest of Latin America

Get Full Information of this premium report@

Contact Us:

Company: Absolute Markets Insights
Email id:
Phone: +91-740-024-2424

About Us:

Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization.

From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Find out the Global Low Code Development Platform Market Research and Analysis 2027 here

News-ID: 2305136 • Views: 1089

More Releases from Absolute Markets Insights

Find the reason for the Rise of Global Brand Management Software Market Growth i …
Global brand management software market was valued at US$ 205.96 Million in 2018 and is estimated to reach US$ 557.02 Million by 2027, growing at a CAGR of 11.8% over the forecast period With Major Key players Absolute Markets Insights has announced the addition of new informative data titled as, Brand Management Software Market to its extensive repository. The aim of this report is to enable the readers to focus on
Global Digital Therapeutics Market Trends, Challenges and Growth Drivers by Key …
The global report titled as Digital Therapeutics market has recently published by Absolute Markets Insights to its huge repository. This research report involves massive data which can influence the development of the Digital Therapeutics market. This exploration report provides effective data which can act as a guideline for handling the risks and challenges faced in the businesses. It covers the major recent trends that are influencing the growth of the
Tremendous Growth of Global Digital Transformation Market during 2021-2030 with …
According to new informative report by Absolute Markets Insights an analytical data of Digital Transformation market has recently added to its massive database. The research report is encapsulate different verticals of the businesses. It has been aggregated on the basis of different dynamic aspects of the businesses. This statistical report has been compiled by using primary and secondary research methodologies. Well explained Porter’s five analysis and SWOT analysis have been
Find out the Premium Insight of Global Machine learning chips Market 2021-2030
A new analytical data report titled Global Machine learning chips Market has been published by Absolute Markets Insights. This report carries a sophisticated abridgment of the statistical data that has been scrutinized on the basis of effective inquisitive techniques that include primary and secondary research. The precise data information has been studied by our perceptive team with the help of unparalleled applicable sales strategies that can improve the performance of

All 5 Releases

More Releases for Code

Explore the Machine Learning Code
Summary Machine learning is a study that enables computers to act and make data-driven decisions that are generally based on predictions. It has evolved from the study of pattern recognition and computational learning theory, resulting from artificial intelligence, and makes use of its study to construct algorithms for any further prediction. Machine learning is also the future of technology, being a kind of artificial intelligence, it lets software applications become more
QR Code based Access Control
Everything we do today is done through a single ‘tap’ on our mobile devices. With a single ‘tap’ we can share things on social media, check our health status, communicate with others, so on and so forth. A similar trend can be seen with access control, which first started with the RFID cards. Then it was biometrics and now we see the dawn of mobile credentials for access control. Matrix’s
QR Code Based Access Control
Matrix “Your Mobile is Your Identity” technology offers QR code based identification for users. It marks their attendance and opens doors when a user scans the QR code on their mobile phone camera in the COSEC mobile application. Advantages: • Enter by simply Scanning the QR Code from a Distance • Users don’t have to Touch any Scanner • Secured and Encrypted Communication • Organizations create their own QR Codes by Embedding their 2-byte Key • Eliminates Costs Involved
ESCHA joins Code of Conduct
Halver, 11 April 2012 – The Halver based ESCHA Bauelemente GmbH has joined the Code of Conduct of the Bundesverband Materialwirtschaft, Einkauf und Logistik e.V. (BME) (Federal Association Material Management, Purchasing and Logistics). Thus, the company is committed to preventing bribery and adhering to ethical principles towards customers, competitors and business partners. The BME Code of Conduct includes, among others, rules for fighting corruption, illegal antitrust agreements as well as adhering
Highway Code - Rules for cyclists
When learning to drive you must have a full understanding of the Highway Code as it is important not only for the Theory Test and Hazard Perception Test, but also when you are out behind the wheel of a motor vehicle while taking lessons and ultimately your practical test. Rules for cyclists These rules are in addition to those in the following sections, which apply to all vehicles (except the motorway
Source Code Research Accelerated
Software development is mainly copy and modify of existing source code, especially from Open Source projects. New windows tool provides a user interface optimized for search and copy. When analyzing source code, a single search often does not find the best result for a query. The search term must be modified, or a different word is tried - and then the search is repeated. This leads to hundreds of repeated searches