Low-Code Development Platform Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2031 | Appian Corporation Inc., Mendix Technology BV, Microsoft, OutSystems, Salesforce, Inc.

The global Low-Code Development Platform market is expected to grow at a compound annual growth rate (CAGR) of 26.4% during the forecast period (2024-2031). The increase in the seamless integration with enterprise systems is one of the key factors for the market growth. Low-code development platforms (LCDPs) are becoming increasingly sophisticated and can integrate seamlessly with existing enterprise systems, such as ERP, CRM, and data management platforms. This integration enables organizations to create applications that leverage their existing data and processes, improving operational efficiency and decision-making. 

One example of an LCDP application that integrates with enterprise systems is an HR management system. An HR management system can be used to automate HR processes, such as onboarding, payroll, and performance management. The HR management system can integrate with the company's ERP system to access employee data and with the company's payroll system to process payroll payments. This integration can help the company to reduce the time it takes to onboard new employees, improve the accuracy of payroll payments, track employee performance in real time, and gain insights into employee data to make better decisions about HR policies and programs. 

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Market Coverage

•                 The market number available for - 2023-2031

•                 Base year- 2023

•                 Forecast period- 2024-2031

Segment Covered- 

By Deployment Type

·                  By User Type

·                  By Application Type

·                  By Industry

Regions Covered-

·                  North America

·                  Europe

·                  Asia-Pacific

·                  Rest of the World

•             Competitive Landscape includes Appian Corporation Inc., Mendix Technology BV, Microsoft, OutSystems, Salesforce, Inc., and others.

Low-Code Development Platform Market Report Segment

By Deployment Type

·                  On-Premises

·                  Cloud-Based

By User Type

·                  Business users

·                  IT professionals

By Application Type

·                  Web applications

·                  Mobile applications

By Industry

·                  BFSI

·                  Healthcare

·                  Manufacturing

·                  Retail

·                  Government

·                  Education

·                  ICT

·                  Others (Transportation, Logistics, and Media and Entertainment)

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Low-Code Development Platform Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles

·        AgilePoint, INC.

·        BRYTER GmbH

·        Creatio.

·        Kintone Southeast Asia Sdn. Bhd.

·        LANSA INC.

·        Newgen Software Technologies Ltd.

·        Oracle

·        Pegasystems Inc.

·        Quickbase, Inc.

·        Retool, Inc.

·        Zoho Corporation Pvt. Ltd.

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