No-Code AI Platform Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2024-2031

Global no-code AI platform market is anticipated to grow at a CAGR of 27.3 % during the forecast period. No-code AI platforms enable users to create chatbots and virtual assistants to support customers, automate routine tasks, and generate leads in various industries. They can additionally be used for predictive analytics to forecast trends and customer behavior. Data analysis, natural language processing, and image and video processing are further applications enabled by no-code AI platforms that can be applied in industries such as finance, healthcare, retail, and security. The market's growth is attributed to the growing demand for conversational AI. Increasing demand for AI-backed chatbots for customer support, internal communication, and knowledge management is driving the utilization of no-code platforms that focus on language models and conversational AI. For instance, in April 2023, Moveworks Inc., launched Creator Studio, a no-code generative AI platform that enables consumer to create their own massive language model interfaces that operate as conversational AI chatbots for employees across the entire company.

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Furthermore, adaptability and customization to accommodate a range of use cases and sectors, no-code platforms need to provide customization possibilities. in January 2023, Iris Technology released a new no-code solution that enables developers and companies to produce and train AI models rapidly while using significantly less data and computer power. The webAI platform streamlines AI and computer vision procedures while allowing companies to maintain ownership of their intellectual property.

Global No-code AI Platform Market Report Segment

By Technology

• Natural Language Processing (NLP)
• Computer Vision
• Machine Learning
• Others (User Interface (UI), and Data Integration and ETL)

By Deployment

• Cloud
• On-premises

By Enterprise Size

• SMEs
• Large Enterprises

By Vertical

• BFSI
• Healthcare
• Retail & E-Commerce
• IT & Telecom
• Energy & Utilities
• Government & Public Sector
• Others (Marketing and Advertising,Telecommunications, and Education)

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No-Code AI Platform Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• AgilePoint Inc
• Akkio Inc
• Amazon.com, Inc.
• Apple
• Appy Pie
• Builder.ai
• Cogniflow AI, Inc.
• DataRobot
• Google, LLC
• Levity AI GmbH
• Microsoft Corp.
• MonkeyLearn Inc.

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