Enterprise Low-Code Application Platforms Market is expected to see growth rate of 29.56% and may see market size of USD5313.0 Million by 2026

Advance Market Analytics published a new research publication on "Enterprise Low-Code Application Platforms Market Insights, to 2026" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Enterprise Low-Code Application Platforms market was mainly driven by the increasing R&D spending across the world. According to AMA, the Global Enterprise Low-Code Application Platforms market is expected to see growth rate of 29.56% and may see market size of USD5313.0 Million by 2026.

Some of the key players profiled in the study are:
Microsoft (United States), Salesforce (United States), Appian (United States), Oracle (United States), Zoho (India), Quick Base (United States), Pegasystems (United States), Magic Software Enterprises (United States), AgilePoint (United States) and OutSystems (United States).

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Scope of the Report of Enterprise Low-Code Application Platforms
A low-code development platform uses visual interfaces with simple logic and drag-and-drop features instead of extensive coding languages. These intuitive tools allow users with no formal knowledge of coding or software development to create applications for many purposes like mobile apps and business apps. According to the sources, the visual development approach will account for fully 65 percent of enterprise application development as non-coders collaborate with DevOps to deploy applications. Among the leading suppliers of low-code development platforms, Salesforce, Microsoft, and Boston-based OutSystems, which has so far raised more than USD 422 million in private equity funding. Also, Digital business acceleration is putting pressure on IT leaders to dramatically increase application delivery speed and Time to Value. This will act as the driver of the global market.

The titled segments and sub-section of the market are illuminated below:
by Organization Size (Small and Medium-Sized Enterprises (SMEs), Large Enterprises), Platform (Web-based, Mobile-based, Desktop and Server-based), Industry Vertical (BFSI, Retail and eCommerce, Government and Defense, IT, Energy and Utilities, Manufacturing, Others), Component (Platform, Services)

Market Leaders and their expansionary development strategies
On 11th May 2021, Appian unveiled the latest version of the Appian Low-code Automation Platform. The new release expands the boundaries of the low-code industry with the introduction of low-code data, a new code-free approach to unifying enterprise data. The latest version of Appian also features enhanced AI-driven Intelligent Document Processing (IDP), new design guidance and developer collaboration features, and enhanced DevSecOps capabilities.

On June 23, 2021, TrailheaDX Salesforce is introducing the next generation of Salesforce Platform including a powerful set of low-code development tools that empower everyone within an organization, regardless of technical skill or role, to create and ship apps on a single platform.

Market Trend
• The surge in remote development during the COVID-19 pandemic will continue to boost low-code adoption, despite ongoing cost optimization efforts

Market Drivers
• Upsurging demand for rapid customization and scalability
• The high demand due to as a general social and technological movement

Opportunities
• High adoption due to rising digital transformation in the IT industry
• Increasing demand for robust solutions to maximize the visibility as well as control over processes

Restraints
• The concern regarding Dependency on vendor-supplied customization

Challenges
• The increasing concern related to legacy software needs to be upgraded

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Enterprise Low-Code Application Platforms Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Enterprise Low-Code Application Platforms market
Chapter 2: Exclusive Summary – the basic information of the Enterprise Low-Code Application Platforms Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Enterprise Low-Code Application Platforms
Chapter 4: Presenting the Enterprise Low-Code Application Platforms Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Enterprise Low-Code Application Platforms market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2026)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Enterprise Low-Code Application Platforms Market is a valuable source of guidance for individuals and companies.

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