Product Code: MCP16547
What`s New for 2023?
»Special coverage on Russia-Ukraine war; global inflation; easing of "zero-Covid" policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
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Looking Ahead to 2023
The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet. Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
Global Low Code Development Platform Market to Reach $345 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Low Code Development Platform estimated at US$26 Billion in the year 2022, is projected to reach a revised size of US$345 Billion by 2030, growing at aCAGR of 38.2% over the period 2022-2030. Web-Based, one of the segments analyzed in the report, is projected to record 36.8% CAGR and reach US$141.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Mobile segment is readjusted to a revised 39.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $8.4 Billion, While China is Forecast to Grow at 35.7% CAGR
The Low Code Development Platform market in the U.S. is estimated at US$8.4 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$52.4 Billion by the year 2030 trailing a CAGR of 35.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 34.6% and 32.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 25.5% CAGR.
Select Competitors (Total 38 Featured) -
- Agilepoint, Inc.
- Appian Corporation
- Caspio, Inc.
- MatsSoft Ltd.
- Mendix Inc.
- Outsystems
- Salesforce.com, Inc.
- ServiceNow, Inc.
- SourceCode Technology Holdings, Inc. dba k2
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Low Code Development Platform - Global Key Competitors Percentage Market Share in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Recent Past, Current & Future Analysis for Low Code Development Platform by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2021 through 2030 and % CAGR
- TABLE 2: World 9-Year Perspective for Low Code Development Platform by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2022 & 2030
- TABLE 3: World Recent Past, Current & Future Analysis for Web-Based by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2021 through 2030 and % CAGR
- TABLE 4: World 9-Year Perspective for Web-Based by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2022 & 2030
- TABLE 5: World Recent Past, Current & Future Analysis for Mobile by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2021 through 2030 and % CAGR
- TABLE 6: World 9-Year Perspective for Mobile by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2022 & 2030
- TABLE 7: World Recent Past, Current & Future Analysis for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2021 through 2030 and % CAGR
- TABLE 8: World 9-Year Perspective for Cloud by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2022 & 2030
- TABLE 9: World Recent Past, Current & Future Analysis for On-premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2021 through 2030 and % CAGR
- TABLE 10: World 9-Year Perspective for On-premise by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2022 & 2030
- TABLE 11: World Recent Past, Current & Future Analysis for Small and Medium-Sized Enterprises by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2021 through 2030 and % CAGR
- TABLE 12: World 9-Year Perspective for Small and Medium-Sized Enterprises by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2022 & 2030
- TABLE 13: World Recent Past, Current & Future Analysis for Large Enterprises by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2021 through 2030 and % CAGR
- TABLE 14: World 9-Year Perspective for Large Enterprises by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2022 & 2030
- TABLE 15: World Low Code Development Platform Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
- UNITED STATES
- Low Code Development Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
- TABLE 16: USA Recent Past, Current & Future Analysis for Low Code Development Platform by Application - Web-Based and Mobile - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 17: USA 9-Year Perspective for Low Code Development Platform by Application - Percentage Breakdown of Value Sales for Web-Based and Mobile for the Years 2022 & 2030
- TABLE 18: USA Recent Past, Current & Future Analysis for Low Code Development Platform by Deployment - Cloud and On-premise - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 19: USA 9-Year Perspective for Low Code Development Platform by Deployment - Percentage Breakdown of Value Sales for Cloud and On-premise for the Years 2022 & 2030
- TABLE 20: USA Recent Past, Current & Future Analysis for Low Code Development Platform by Organization Size - Small and Medium-Sized Enterprises and Large Enterprises - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 21: USA 9-Year Perspective for Low Code Development Platform by Organization Size - Percentage Breakdown of Value Sales for Small and Medium-Sized Enterprises and Large Enterprises for the Years 2022 & 2030
- CANADA
- TABLE 22: Canada Recent Past, Current & Future Analysis for Low Code Development Platform by Application - Web-Based and Mobile - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 23: Canada 9-Year Perspective for Low Code Development Platform by Application - Percentage Breakdown of Value Sales for Web-Based and Mobile for the Years 2022 & 2030
- TABLE 24: Canada Recent Past, Current & Future Analysis for Low Code Development Platform by Deployment - Cloud and On-premise - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 25: Canada 9-Year Perspective for Low Code Development Platform by Deployment - Percentage Breakdown of Value Sales for Cloud and On-premise for the Years 2022 & 2030
- TABLE 26: Canada Recent Past, Current & Future Analysis for Low Code Development Platform by Organization Size - Small and Medium-Sized Enterprises and Large Enterprises - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 27: Canada 9-Year Perspective for Low Code Development Platform by Organization Size - Percentage Breakdown of Value Sales for Small and Medium-Sized Enterprises and Large Enterprises for the Years 2022 & 2030
- JAPAN
- Low Code Development Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
- TABLE 28: Japan Recent Past, Current & Future Analysis for Low Code Development Platform by Application - Web-Based and Mobile - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 29: Japan 9-Year Perspective for Low Code Development Platform by Application - Percentage Breakdown of Value Sales for Web-Based and Mobile for the Years 2022 & 2030
- TABLE 30: Japan Recent Past, Current & Future Analysis for Low Code Development Platform by Deployment - Cloud and On-premise - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 31: Japan 9-Year Perspective for Low Code Development Platform by Deployment - Percentage Breakdown of Value Sales for Cloud and On-premise for the Years 2022 & 2030
- TABLE 32: Japan Recent Past, Current & Future Analysis for Low Code Development Platform by Organization Size - Small and Medium-Sized Enterprises and Large Enterprises - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 33: Japan 9-Year Perspective for Low Code Development Platform by Organization Size - Percentage Breakdown of Value Sales for Small and Medium-Sized Enterprises and Large Enterprises for the Years 2022 & 2030
- CHINA
- Low Code Development Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
- TABLE 34: China Recent Past, Current & Future Analysis for Low Code Development Platform by Application - Web-Based and Mobile - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 35: China 9-Year Perspective for Low Code Development Platform by Application - Percentage Breakdown of Value Sales for Web-Based and Mobile for the Years 2022 & 2030
- TABLE 36: China Recent Past, Current & Future Analysis for Low Code Development Platform by Deployment - Cloud and On-premise - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 37: China 9-Year Perspective for Low Code Development Platform by Deployment - Percentage Breakdown of Value Sales for Cloud and On-premise for the Years 2022 & 2030
- TABLE 38: China Recent Past, Current & Future Analysis for Low Code Development Platform by Organization Size - Small and Medium-Sized Enterprises and Large Enterprises - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 39: China 9-Year Perspective for Low Code Development Platform by Organization Size - Percentage Breakdown of Value Sales for Small and Medium-Sized Enterprises and Large Enterprises for the Years 2022 & 2030
- EUROPE
- Low Code Development Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
- TABLE 40: Europe Recent Past, Current & Future Analysis for Low Code Development Platform by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2021 through 2030 and % CAGR
- TABLE 41: Europe 9-Year Perspective for Low Code Development Platform by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2022 & 2030
- TABLE 42: Europe Recent Past, Current & Future Analysis for Low Code Development Platform by Application - Web-Based and Mobile - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 43: Europe 9-Year Perspective for Low Code Development Platform by Application - Percentage Breakdown of Value Sales for Web-Based and Mobile for the Years 2022 & 2030
- TABLE 44: Europe Recent Past, Current & Future Analysis for Low Code Development Platform by Deployment - Cloud and On-premise - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 45: Europe 9-Year Perspective for Low Code Development Platform by Deployment - Percentage Breakdown of Value Sales for Cloud and On-premise for the Years 2022 & 2030
- TABLE 46: Europe Recent Past, Current & Future Analysis for Low Code Development Platform by Organization Size - Small and Medium-Sized Enterprises and Large Enterprises - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 47: Europe 9-Year Perspective for Low Code Development Platform by Organization Size - Percentage Breakdown of Value Sales for Small and Medium-Sized Enterprises and Large Enterprises for the Years 2022 & 2030
- FRANCE
- Low Code Development Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
- TABLE 48: France Recent Past, Current & Future Analysis for Low Code Development Platform by Application - Web-Based and Mobile - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 49: France 9-Year Perspective for Low Code Development Platform by Application - Percentage Breakdown of Value Sales for Web-Based and Mobile for the Years 2022 & 2030
- TABLE 50: France Recent Past, Current & Future Analysis for Low Code Development Platform by Deployment - Cloud and On-premise - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 51: France 9-Year Perspective for Low Code Development Platform by Deployment - Percentage Breakdown of Value Sales for Cloud and On-premise for the Years 2022 & 2030
- TABLE 52: France Recent Past, Current & Future Analysis for Low Code Development Platform by Organization Size - Small and Medium-Sized Enterprises and Large Enterprises - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 53: France 9-Year Perspective for Low Code Development Platform by Organization Size - Percentage Breakdown of Value Sales for Small and Medium-Sized Enterprises and Large Enterprises for the Years 2022 & 2030
- GERMANY
- Low Code Development Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
- TABLE 54: Germany Recent Past, Current & Future Analysis for Low Code Development Platform by Application - Web-Based and Mobile - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 55: Germany 9-Year Perspective for Low Code Development Platform by Application - Percentage Breakdown of Value Sales for Web-Based and Mobile for the Years 2022 & 2030
- TABLE 56: Germany Recent Past, Current & Future Analysis for Low Code Development Platform by Deployment - Cloud and On-premise - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 57: Germany 9-Year Perspective for Low Code Development Platform by Deployment - Percentage Breakdown of Value Sales for Cloud and On-premise for the Years 2022 & 2030
- TABLE 58: Germany Recent Past, Current & Future Analysis for Low Code Development Platform by Organization Size - Small and Medium-Sized Enterprises and Large Enterprises - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 59: Germany 9-Year Perspective for Low Code Development Platform by Organization Size - Percentage Breakdown of Value Sales for Small and Medium-Sized Enterprises and Large Enterprises for the Years 2022 & 2030
- ITALY
- TABLE 60: Italy Recent Past, Current & Future Analysis for Low Code Development Platform by Application - Web-Based and Mobile - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 61: Italy 9-Year Perspective for Low Code Development Platform by Application - Percentage Breakdown of Value Sales for Web-Based and Mobile for the Years 2022 & 2030
- TABLE 62: Italy Recent Past, Current & Future Analysis for Low Code Development Platform by Deployment - Cloud and On-premise - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 63: Italy 9-Year Perspective for Low Code Development Platform by Deployment - Percentage Breakdown of Value Sales for Cloud and On-premise for the Years 2022 & 2030
- TABLE 64: Italy Recent Past, Current & Future Analysis for Low Code Development Platform by Organization Size - Small and Medium-Sized Enterprises and Large Enterprises - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 65: Italy 9-Year Perspective for Low Code Development Platform by Organization Size - Percentage Breakdown of Value Sales for Small and Medium-Sized Enterprises and Large Enterprises for the Years 2022 & 2030
- UNITED KINGDOM
- Low Code Development Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
- TABLE 66: UK Recent Past, Current & Future Analysis for Low Code Development Platform by Application - Web-Based and Mobile - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 67: UK 9-Year Perspective for Low Code Development Platform by Application - Percentage Breakdown of Value Sales for Web-Based and Mobile for the Years 2022 & 2030
- TABLE 68: UK Recent Past, Current & Future Analysis for Low Code Development Platform by Deployment - Cloud and On-premise - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 69: UK 9-Year Perspective for Low Code Development Platform by Deployment - Percentage Breakdown of Value Sales for Cloud and On-premise for the Years 2022 & 2030
- TABLE 70: UK Recent Past, Current & Future Analysis for Low Code Development Platform by Organization Size - Small and Medium-Sized Enterprises and Large Enterprises - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 71: UK 9-Year Perspective for Low Code Development Platform by Organization Size - Percentage Breakdown of Value Sales for Small and Medium-Sized Enterprises and Large Enterprises for the Years 2022 & 2030
- REST OF EUROPE
- TABLE 72: Rest of Europe Recent Past, Current & Future Analysis for Low Code Development Platform by Application - Web-Based and Mobile - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 73: Rest of Europe 9-Year Perspective for Low Code Development Platform by Application - Percentage Breakdown of Value Sales for Web-Based and Mobile for the Years 2022 & 2030
- TABLE 74: Rest of Europe Recent Past, Current & Future Analysis for Low Code Development Platform by Deployment - Cloud and On-premise - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 75: Rest of Europe 9-Year Perspective for Low Code Development Platform by Deployment - Percentage Breakdown of Value Sales for Cloud and On-premise for the Years 2022 & 2030
- TABLE 76: Rest of Europe Recent Past, Current & Future Analysis for Low Code Development Platform by Organization Size - Small and Medium-Sized Enterprises and Large Enterprises - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 77: Rest of Europe 9-Year Perspective for Low Code Development Platform by Organization Size - Percentage Breakdown of Value Sales for Small and Medium-Sized Enterprises and Large Enterprises for the Years 2022 & 2030
- ASIA-PACIFIC
- Low Code Development Platform Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
- TABLE 78: Asia-Pacific Recent Past, Current & Future Analysis for Low Code Development Platform by Application - Web-Based and Mobile - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 79: Asia-Pacific 9-Year Perspective for Low Code Development Platform by Application - Percentage Breakdown of Value Sales for Web-Based and Mobile for the Years 2022 & 2030
- TABLE 80: Asia-Pacific Recent Past, Current & Future Analysis for Low Code Development Platform by Deployment - Cloud and On-premise - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 81: Asia-Pacific 9-Year Perspective for Low Code Development Platform by Deployment - Percentage Breakdown of Value Sales for Cloud and On-premise for the Years 2022 & 2030
- TABLE 82: Asia-Pacific Recent Past, Current & Future Analysis for Low Code Development Platform by Organization Size - Small and Medium-Sized Enterprises and Large Enterprises - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 83: Asia-Pacific 9-Year Perspective for Low Code Development Platform by Organization Size - Percentage Breakdown of Value Sales for Small and Medium-Sized Enterprises and Large Enterprises for the Years 2022 & 2030
- REST OF WORLD
- TABLE 84: Rest of World Recent Past, Current & Future Analysis for Low Code Development Platform by Application - Web-Based and Mobile - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 85: Rest of World 9-Year Perspective for Low Code Development Platform by Application - Percentage Breakdown of Value Sales for Web-Based and Mobile for the Years 2022 & 2030
- TABLE 86: Rest of World Recent Past, Current & Future Analysis for Low Code Development Platform by Deployment - Cloud and On-premise - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 87: Rest of World 9-Year Perspective for Low Code Development Platform by Deployment - Percentage Breakdown of Value Sales for Cloud and On-premise for the Years 2022 & 2030
- TABLE 88: Rest of World Recent Past, Current & Future Analysis for Low Code Development Platform by Organization Size - Small and Medium-Sized Enterprises and Large Enterprises - Independent Analysis of Annual Sales in US$ Million for the Years 2021 through 2030 and % CAGR
- TABLE 89: Rest of World 9-Year Perspective for Low Code Development Platform by Organization Size - Percentage Breakdown of Value Sales for Small and Medium-Sized Enterprises and Large Enterprises for the Years 2022 & 2030
IV. COMPETITION