Global Low Code Development Platform Market: Snapshot
The global low code development platform market was valued at US$ 1,647.0 Mn in 2015 and is anticipated to increase at a CAGR of 54.5% from 2017 to 2025. A low-code development platform bundles all components together into a single intelligible set of tools that enables to create applications visually. In addition, the growing requirement for software automation and innovative applications for business procedures forced software developers to build custom applications in volume. Low code development platform have the capability to build and deploy applications seamlessly with a minimum of hand-coding, minimal upfront investment in setup, training, and deployment. Furthermore, low code development platforms offer an exceptional communication mechanism to support business and IT stakeholders, thus ensuring better software quality and more effective business results. Moreover, the market for app development has outgrown the information and communication technologies market in the past few years, and its growth is estimated to accelerate in the future.
Application development and delivery (AD&D) leaders are more focused on adopting these platforms as an important tool for creating noncritical applications utilizing nontraditional developer talent. AD&D professionals are gaining confidence that low-code development platforms can support rapid delivery of even more complex, large, and trustworthy customer solutions. Therefore, increasing investment in development platforms across the globe is expected to drive the growth of the low code development platform market. Apart from this, Low-code platforms are expected to make life easier for many small and medium businesses, especially considering the cost of bringing on new and more developers. Consequently, this is impelling the demand for the low code development platform among end-users.
North America Emerges as Leading Region in Global Low Code Development Platform
Regionally, North America shows the highest potential for the market’s expansion. It accounted for nearly 40% of the global low code development platform market in 2016. Besides this, Europe is exhibiting lucrative prospects. The region’s rising investment in development platforms is helping the low code development platform market growth in Europe. Furthermore, increasing demand for customer application will aid the market’s expansion. Low-code platforms help in resolving concerns related to delivery-speed and does this at an affordable cost. Low-code development platforms therefore offer improved performance compared to their traditional counterparts.
In the forthcoming years, Asia Pacific is expected to offer robust growth opportunities to the global low code development platform market. This is largely due to the rising demand from emerging nations such as India, China, and Japan.
Demand for Mobile-first App Platform and General Purpose Platform Forecast to Rise
Low code development platform is bifurcated by type and deployment type. By type, the global low code development platform market is categorized into general purpose platform, mobile - first app platform, database app platform, request handling platform, process app platform and others. Among these, mobile - first app platform and general purpose platform are the major segments which are expected to fuel the growth of low code development platform market over the forecast period. Based on deployment type, the market is segmented into on-premise and cloud-based. Furthermore, the cloud-based deployment segment is further categorized into public, private and hybrid. Among these deployment type, hybrid cloud is the key segment which is expected to enhance the growth of low code development platform market around the globe.
Major players such as Google, Microsoft and Salesforce are estimated to work towards integration and creation of apps on the cloud services that they offer. They are expected to focus on providing an end-to-end app that would exploit the plethora of services in their ecosystem easily. Some of the major players in global low code development platform market are AgilePoint, Bizagi Appian Corporation, Caspio, Inc., Mendix, OutSystems, MatsSoft Inc., Salesforce.com, Inc., Microsoft Corporation and Google Inc.
Global Low Code Development Platform Market to Expand with Need for Customization on Websites
The demand within the global low code development platform market is set to rise in the times to come by. The growth of this market is a direct function of the need for web development across large and small organizations. Web development has emerged as a noticeable digital service for companies across the globe. However, web development is not the only requirement that prevails across the corporate entity. In addition to developing sound websites, there is growing need for customization across the corporate sector. The changing operating dynamics across this sector have necessitated the use of low code development platforms for frequent customization.
Market Segmentation:
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1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary : Global Low Code Development Platform Market
4. Market Overview
4.1. Market Dynamics
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Market Indicators
4.3. Life Cycle- Low code platform
4.4. Key Trends
4.5. Global Low Code Development Platform Market Analysis and Forecasts, 2015 – 2025
4.5.1. Market Revenue Projections (US$ Mn)
4.6. Porter’s Five Force Model
4.7. Value Chain Analysis
4.8. Market Outlook
5. Global Low Code Development Platform Market Analysis and Forecasts, By Deployment
5.1. Definitions
5.2. Market Analysis and Forecast (US$ Mn) By Deployment, 2015 – 2025
5.2.1. Cloud
5.2.1.1. Private
5.2.1.2. Public
5.2.1.3. Hybrid
5.2.2. On-Premise
5.3. Market Attractiveness By Deployment
6. Global Low Code Development Platform Market Analysis and Forecasts, By Type
6.1. Definitions
6.2. Market Analysis and Forecast (US$ Mn) By Type, 2015 – 2025
6.2.1. General Purpose Platform
6.2.2. Database App Platform
6.2.3. Mobile-First App Platform
6.2.4. Process App Platform
6.2.5. Request Handling Platform
6.3. Market Attractiveness By Type
7. Global Low Code Development Platform Market Analysis and Forecasts, By Region
7.1. Key Findings
7.2. Key Trend
7.3. Market Analysis and Forecast (US$ Mn) By Region, 2015 – 2025
7.3.1. North America
7.3.2. Europe
7.3.3. Asia Pacific
7.3.4. Middle East and Africa
7.3.5. South America
7.4. Market Attractiveness By Country/Region
8. North America Low Code Development Platform Market Analysis and Forecast
8.1. Market Analysis and Forecast (US$ Mn) By Deployment , 2015 – 2025
8.1.1. Cloud
8.1.1.1. Private
8.1.1.2. Public
8.1.1.3. Hybrid
8.1.2. On-Premise
8.2. Market Analysis and Forecast (US$ Mn) By Type, 2015 – 2025
8.2.1. General Purpose Platform
8.2.2. Database App Platform
8.2.3. Mobile-First App Platform
8.2.4. Process App Platform
8.2.5. Request Handling Platform
8.3. Market Analysis and Forecast (US$ Mn) By Country, 2015 – 2025
8.3.1. The U.S.
8.3.2. Canada
8.3.3. Rest of North America
8.4. Market Attractiveness Analysis
8.4.1. By Deployment
8.4.2. By Type
8.4.3. By Country
9. Europe Low Code Development Platform Market Analysis and Forecast
9.1. Market Analysis and Forecast (US$ Mn) By Deployment , 2015 – 2025
9.1.1. Cloud
9.1.1.1. Private
9.1.1.2. Public
9.1.1.3. Hybrid
9.1.2. On-Premise
9.2. Market Analysis and Forecast (US$ Mn) By Type, 2015 – 2025
9.2.1. General Purpose Platform
9.2.2. Database App Platform
9.2.3. Mobile-First App Platform
9.2.4. Process App Platform
9.2.5. Request Handling Platform
9.3. Market Analysis and Forecast (US$ Mn) By Country, 2015 – 2025
9.3.1. The U.K.
9.3.2. Germany
9.3.3. France
9.3.4. Rest of Europe
9.4. Market Attractiveness Analysis
9.4.1. By Deployment
9.4.2. By Type
9.4.3. By Country
10. Asia Pacific Low Code Development Platform Market Analysis and Forecast
10.1. Market Analysis and Forecast (US$ Mn) By Deployment , 2015 – 2025
10.1.1. Cloud
10.1.1.1. Private
10.1.1.2. Public
10.1.1.3. Hybrid
10.1.2. On-Premise
10.2. Market Analysis and Forecast (US$ Mn) By Type, 2015 – 2025
10.2.1. General Purpose Platform
10.2.2. Database App Platform
10.2.3. Mobile-First App Platform
10.2.4. Process App Platform
10.2.5. Request Handling Platform
10.3. Market Analysis and Forecast (US$ Mn) By Country, 2015 – 2025
10.3.1. Japan
10.3.2. China
10.3.3. Australia
10.3.4. India
10.3.5. Rest of Asia Pacific
10.4. Market Attractiveness Analysis
10.4.1. By Deployment
10.4.2. By Type
10.4.3. By Country
11. Middle East and Africa (MEA) Low Code Development Platform Market Analysis and Forecast
11.1. Market Analysis and Forecast (US$ Mn) By Deployment , 2015 – 2025
11.1.1. Cloud
11.1.1.1. Private
11.1.1.2. Public
11.1.1.3. Hybrid
11.1.2. On-Premise
11.2. Market Analysis and Forecast (US$ Mn) By Type, 2015 – 2025
11.2.1. General Purpose Platform
11.2.2. Database App Platform
11.2.3. Mobile-First App Platform
11.2.4. Process App Platform
11.2.5. Request Handling Platform
11.3. Market Analysis and Forecast (US$ Mn) By Country, 2015 – 2025
11.3.1. UAE
11.3.2. Saudi Arabia
11.3.3. South Africa
11.3.4. Rest of MEA
11.4. Market Attractiveness Analysis
11.4.1. By Deployment
11.4.2. By Type
11.4.3. By Country
12. South America Low Code Development Platform Market Analysis and Forecast
12.1. Market Analysis and Forecast (US$ Mn) By Deployment , 2015 – 2025
12.1.1. Cloud
12.1.1.1. Private
12.1.1.2. Public
12.1.1.3. Hybrid
12.1.2. On-Premise
12.2. Market Analysis and Forecast (US$ Mn) By Type, 2015 – 2025
12.2.1. General Purpose Platform
12.2.2. Database App Platform
12.2.3. Mobile-First App Platform
12.2.4. Process App Platform
12.2.5. Request Handling Platform
12.3. Market Analysis and Forecast (US$ Mn) By Country, 2015 – 2025
12.3.1. Brazil
12.3.2. Argentina
12.3.3. Rest of South America
12.4. Market Attractiveness Analysis
12.4.1. By Deployment
12.4.2. By Type
12.4.3. By Country
13. Competition Landscape
13.1. Market Player – Competition Matrix
13.2. Market Share Analysis By Company (2016)
13.3. Company Profiles (Details – Overview, Financials, SWOT, Strategy)
13.3.1. AgilePoint
13.3.1.1. Company Details (Headquarter, Foundation Year, & Employee Strength)
13.3.1.2. Company Description
13.3.1.3. SWOT Analysis
13.3.1.4. Annual Revenue
13.3.1.5. Strategic Overview
13.3.2. Appian Corporation
13.3.2.1. Company Details (Headquarter, Foundation Year, & Employee Strength)
13.3.2.2. Company Description
13.3.2.3. SWOT Analysis
13.3.2.4. Annual Revenue
13.3.2.5. Strategic Overview
13.3.3. Bizagi
13.3.3.1. Company Details (Headquarter, Foundation Year, & Employee Strength)
13.3.3.2. Company Description
13.3.3.3. SWOT Analysis
13.3.3.4. Annual Revenue
13.3.3.5. Strategic Overview
13.3.4. Caspio, Inc.
13.3.4.1. Company Details (Headquarter, Foundation Year, & Employee Strength)
13.3.4.2. Company Description
13.3.4.3. SWOT Analysis
13.3.4.4. Annual Revenue
13.3.4.5. Strategic Overview
13.3.5. MatsSoft Inc.
13.3.5.1. Company Details (Headquarter, Foundation Year, & Employee Strength)
13.3.5.2. Company Description
13.3.5.3. SWOT Analysis
13.3.5.4. Annual Revenue
13.3.5.5. Strategic Overview
13.3.6. Mendix
13.3.6.1. Company Details (Headquarter, Foundation Year, & Employee Strength)
13.3.6.2. Company Description
13.3.6.3. SWOT Analysis
13.3.6.4. Annual Revenue
13.3.6.5. Strategic Overview
13.3.7. OutSystems
13.3.7.1. Company Details (Headquarter, Foundation Year, & Employee Strength)
13.3.7.2. Company Description
13.3.7.3. SWOT Analysis
13.3.7.4. Annual Revenue
13.3.7.5. Strategic Overview
13.3.8. Salesforce.com, Inc.
13.3.8.1. Company Details (Headquarter, Foundation Year, & Employee Strength)
13.3.8.2. Company Description
13.3.8.3. SWOT Analysis
13.3.8.4. Annual Revenue
13.3.8.5. Strategic Overview
13.3.9. Microsoft Corporation
13.3.9.1. Company Details (Headquarter, Foundation Year, & Employee Strength)
13.3.9.2. Company Description
13.3.9.3. SWOT Analysis
13.3.9.4. Annual Revenue
13.3.9.5. Strategic Overview
14. Key Takeaways
List of Tables
Table 1: Acronyms Used
Table 2: Global Low Code Development Platform Market Size (US$ Mn) Forecast, By Deployment, 2015–2025
Table 3: Global Low Code Development Platform Market Size (US$ Mn) Forecast, By Type, 2015–2025
Table 4: Global Low Code Development Platform Market Forecast, By Region, 2015–2025 (US$ Mn)
Table 5: North America Low Code Development Platform Market Size (US$ Mn) Forecast, By Deployment, 2015–2025
Table 6: North America Low Code Development Platform Market Size (US$ Mn) Forecast, By Type, 2015–2025
Table 7: North America Low Code Development Platform Market Size (US$ Mn) Forecast, By Country, 2015–2025
Table 8: Europe Low Code Development Platform Market Size (US$ Mn) Forecast, By Deployment, 2015–2025
Table 9: Europe Low Code Development Platform Market Size (US$ Mn) Forecast, By Type, 2015–2025
Table 10: Europe Low Code Development Platform Market Size (US$ Mn) Forecast, By Country, 2015–2025
Table 11: APAC Low Code Development Platform Market Size (US$ Mn) Forecast, By Deployment, 2015–2025
Table 12: APAC Low Code Development Platform Market Size (US$ Mn) Forecast, By Type, 2015–2025
Table 13: APAC Low Code Development Platform Market Size (US$ Mn) Forecast, By Country, 2015–2025
Table 14: MEA Low Code Development Platform Market Size (US$ Mn) Forecast, By Deployment, 2015–2025
Table 15: MEA Low Code Development Platform Market Size (US$ Mn) Forecast, By Type, 2015–2025
Table 16: MEA Low Code Development Platform Market Size (US$ Mn) Forecast, By Country, 2015–2025
Table 17: South America Low Code Development Platform Market Size (US$ Mn) Forecast, By Deployment, 2015–2025
Table 18: South America Low Code Development Platform Market Size (US$ Mn) Forecast, By Type, 2015–2025
Table 19: South America Low Code Development Platform Market Size (US$ Mn) Forecast, By Country, 2015–2025
Table 20: AgilePoint, Inc., Industry Served
Table 21: Appian Corporation, Industry Served
Table 22: Bizagi, Industry Served
Table 23: Caspio, Inc., Product/Service Offerings
Table 24: MatsSoft, Inc., Industry Served
Table 25: Mendix, Industry Served
Table 26: OutSystems, Industry Served
Table 27: Salesforce Inc., Industry Served
Table 28: Microsoft Corporation, Industry Served
Table 29: Google, Inc., Business Segment
List of Figures
Figure 1: Estimation of the Global Low Code Development Platform Market
Figure 2: Forecast Methodology – Low Code Development Platform Market
Figure 3: Low Code Platform Development Market Size, Indicative (US$ Mn)
Figure 4: Top Segment, Market Size – Low Code Development Platform Market
Figure 5: Global Low Code Development Platform Market- Regional Overview
Figure 6: Global Low Code Development Market - Lucrative Market Overview
Figure 7: Revenue Share (2025F) – Low Code Development Platform Market
Figure 8: Revenue Share (2025F) – Low Code Development Platform Market
Figure 9: Key Industry Developments – Low Code Development Platform Market
Figure 10: Value Chain Analysis (1/2) – Low Code Development Platform Market
Figure 11: Porter’s Five Forces Analysis (1/3) – Low Code Development Platform Market
Figure 12: Global Low Code Development Platform Market Revenue Projections, 2015 - 2025 (US$)
Figure 13: Global Low Code Development Platform Market Value Share By Deployment (2017)
Figure 14: Global Low Code Development Platform Market Value Share By Type (2017)
Figure 15: Global Low Code Development Platform Market Value Share By Geography (2017)
Figure 16: Global Low Code Development Platform Market Value Share Analysis, by Deployment, 2017 and 2025
Figure 17: Low code development platform deployment Comparison Matrix
Figure 18: Low Code Development Platform Market Attractiveness Analysis, by Deployment
Figure 19: Global Low Code Development Platform Market Value Share Analysis, by Type, 2017 and 2025
Figure 20: Low code development platform deployment Comparison Matrix
Figure 21: Low Code Development Platform Market Attractiveness Analysis, by Type
Figure 22: Global Low Code Development Platform Market Value Share Analysis, by Region, 2017 and 2025
Figure 23: Low Code Development Platform Market Attractiveness Analysis, By Region
Figure 24: North America Low Code Development Platform Market Size (US$ Mn) Forecast, 2015–2025
Figure 25: North America Low Code Development Platform Market Size Y-o-Y Growth Projections, 2016–2025
Figure 26: North America Low Code Development Platform Market Revenue Share Analysis, By Deployment, 2017 and 2025
Figure 27: North America Low Code Development Platform Market Revenue Share Analysis, By Type, 2017 and 2025
Figure 28: North America Low Code Development Platform Market Revenue Share Analysis, By Country, 2017 and 2025
Figure 29: North America Low Code Development Platform Market Attractiveness Analysis By Country
Figure 30: North America Low Code Development Platform Market Attractiveness Analysis By Deployment
Figure 31: North America Low Code Development Platform Market Attractiveness Analysis By Type
Figure 32: Europe Low Code Development Platform Market Size (US$ Mn) Forecast, 2015–2025
Figure 33: Europe Low Code Development Platform Market Size Y-o-Y Growth Projections, 2016–2025
Figure 34: Europe Low Code Development Platform Market Revenue Share Analysis, By Deployment, 2017 and 2025
Figure 35: Europe Low Code Development Platform Market Revenue Share Analysis, By Type, 2017 and 2025
Figure 36: Europe Low Code Development Platform Market Revenue Share Analysis, By Country, 2017 and 2025
Figure 37: Europe Low Code Development Platform Market Attractiveness Analysis By Country
Figure 38: Europe Low Code Development Platform Market Attractiveness Analysis By Deployment
Figure 39: Europe Low Code Development Platform Market Attractiveness Analysis By Type
Figure 40: APAC Low Code Development Platform Market Size (US$ Mn) Forecast, 2015–2025
Figure 41: APAC Low Code Development Platform Market Size Y-o-Y Growth Projections, 2016–2025
Figure 42: APAC Low Code Development Platform Market Revenue Share Analysis, By Deployment, 2017 and 2025
Figure 43: APAC Low Code Development Platform Market Revenue Share Analysis, By Type, 2017 and 2025
Figure 44: APAC Low Code Development Platform Market Revenue Share Analysis, By Country, 2017 and 2025
Figure 45: APAC Low Code Development Platform Market Attractiveness Analysis By Country
Figure 46: APAC Low Code Development Platform Market Attractiveness Analysis By Deployment
Figure 47: APAC Low Code Development Platform Market Attractiveness Analysis By Type
Figure 48: MEA Low Code Development Platform Market Size (US$ Mn) Forecast, 2015–2025
Figure 49: MEA Low Code Development Platform Market Size Y-o-Y Growth Projections, 2016–2025
Figure 50: MEA Low Code Development Platform Market Revenue Share Analysis, By Deployment, 2017 and 2025
Figure 51: MEA Low Code Development Platform Market Revenue Share Analysis, By Type, 2017 and 2025
Figure 52: MEA Low Code Development Platform Market Revenue Share Analysis, By Country, 2017 and 2025
Figure 53: Attractiveness Analysis By Country
Figure 54: MEA Low Code Development Platform Market Attractiveness Analysis By Deployment
Figure 55: MEA Low Code Development Platform Market Attractiveness Analysis By Type
Figure 56: South America Low Code Development Platform Market Size (US$ Mn) Forecast, 2015–2025
Figure 57: South America Low Code Development Platform Market Size Y-o-Y Growth Projections, 2016–2025
Figure 58: South America Low Code Development Platform Market Revenue Share Analysis, By Deployment, 2017 and 2025
Figure 59: South America Low Code Development Platform Market Revenue Share Analysis, By Type, 2017 and 2025
Figure 60: South America Low Code Development Platform Market Revenue Share Analysis, By Country, 2017 and 2025
Figure 61: South America Low Code Development Platform Market Attractiveness Analysis By Country
Figure 62: South America Low Code Development Platform Market Attractiveness Analysis By Deployment
Figure 63: South America Low Code Development Platform Market Attractiveness Analysis By Type
Figure 64: Competition Matrix - Low Code Development Platform Market
Figure 65: Global Low Code Development Platform Market Share Analysis by Company (2016)
Figure 66: Appian Corporation, Breakdown of Net Sales, 2014 - 2016
Figure 67: Appian Corporation, Breakdown of Net Sales, by Geography, 2016
Figure 68: Salesforce Inc., Breakdown of Net Sales, by Region, 2017
Figure 69: Salesforce Inc., Revenue (US$ Bn) & Y-o-Y Growth (%), 2014–2017
Figure 70: Microsoft Corporation, Breakdown of Net Sales, 2015 - 2017
Figure 71: Google, Inc., Breakdown of Net Sales, by Region, 2015
Figure 72: Google, Inc., Revenue (US$ Bn) & Y-o-Y Growth (%), 2013–2015