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App Builder Software Market Size, Share, Growth & Forecast 2024-2033 | Trends & Key Players
App Builder Software Market Size
According to The Business Research Company's, The app builder software market size has grown rapidly in recent years. It will grow from $2.81 billion in 2023 to $3.26 billion in 2024 at a compound annual growth rate (CAGR) of 16.0%. The growth in the historic period can be attributed to the rise of mobile app usage, shortage of skilled developers, demand for rapid prototyping, empowerment of citizen developers and expansion of the app economy.
The app builder software market size is expected to see rapid growth in the next few years. It will grow to $5.94 billion in 2028 at a compound annual growth rate (CAGR) of 16.1%. The growth in the forecast period can be attributed to the expansion of the Internet of things (IoT), focus on digital transformation, demand for customization and personalization, shift towards remote work and collaboration and increasing mobile app usage. Major trends in the forecast period include rise of no-code or low-code platforms, integration of AI and machine learning, expansion of cross-platform development, augmented reality (AR) and virtual reality (VR) support, and localization and internationalization.
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Market Drivers and Trends:
The increasing prevalence of mobile devices is expected to propel the growth of the app builder software market going forward. Mobile devices refer to portable electronic gadgets designed for wireless communication and computing on the go, typically including smartphones, tablets, and wearables. The increasing prevalence of mobile devices is driven by advancements in technology, accessibility, smartphone affordability, and the growing demand for connectivity and convenience. provide a platform for users to access and interact with the software on the go. App builder software often offers mobile applications or mobile-responsive web interfaces, allowing users to create and manage their apps directly from their smartphones or tablets. For instance, in February 2024, according to a report published by Uswitch Limited, a UK-based price comparison service, there were 71.8 million mobile connections in the UK, surpassing the country's population by 4.2 million. This marked a 3.8% increase from 2021, equivalent to approximately 2.6 million more connections. It's anticipated that by 2025, 95% of the UK's 68.3 million residents will be using smartphones. Therefore, the increasing prevalence of mobile devices is driving the growth of the app builder software market.
Major companies operating in the app builder software market are focusing on developing innovative solutions, such as the no-code app builder, to meet the growing demand for customizable and user-friendly application development solutions. A no-code app builder refers to software that allows users to create mobile applications without the need for traditional programming or coding skills. For instance, in August 2021, Wix.com Ltd., an Israel-based software company, launched the Branded App By Wix, a no-code app builder that enables users to craft native apps effortlessly, bypassing the need for coding. The platform, known for its straightforward drag-and-drop website builder, now extends its user-friendly approach to app creation, allowing people and businesses to easily expand their online presence.
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Major Key Players of the Market:
Pegasystems Inc., Zoho Corporation Pvt. Ltd., Appian Corporation, OutSystems, Quick Base Inc., Exadel Inc., Caspio Inc., Mendix, Betty Blocks, Appy Pie LLC, Quixy Inc., Kintone Corporation, Alpha Software Corporation, AppSheet, Bubble Group Inc, Thunkable Inc., Buildfire, GoodBarber, AppMakr Inc., Mobile Roadie Inc., Shoutem, Lumavate LLC
App Builder Software Market 2024 Key Insights:
• The app builder software market size is expected to see rapid growth in the next few years. It will grow to $5.94 billion in 2028 at a compound annual growth rate (CAGR) of 16.1%.
• Mobile Device Proliferation Fuels Growth Of The App Builder Software Market
• Key Players Introducing Innovative Solutions To Revolutionize The App Builder Software Market
• North America was the largest region in the app builder software market in 2023
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