Global Low-Code Development Platform Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Component;

Platform, and Services.

By Type;

Web-Based, Mobile-Based.

By Organization Size;

Small & Medium-Sized Enterprises (SMEs), and Large Enterprises.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn386107446 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Low-Code Development Platform Market (USD Million), 2021 - 2031

In the year 2024, the Global Low-Code Development Platform Market was valued at USD 35,426.15 million. The size of this market is expected to increase to USD 201,623.01 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 28.2%.

The global low-code development platform market has witnessed exponential growth in recent years, revolutionizing the way software applications are built and deployed across industries. Low-code platforms empower businesses to accelerate their application development processes by enabling developers and even business users with varying levels of technical expertise to create applications quickly and efficiently. This market expansion is driven by the increasing demand for faster digital transformation, agility in software development, and the need to address the shortage of skilled developers.

Key players in the global low-code development platform market continue to innovate, offering robust solutions that cater to diverse business needs. These platforms significantly reduce the traditional complexities of coding, allowing organizations to streamline development cycles and rapidly deploy applications. As businesses strive to meet evolving customer expectations and navigate competitive landscapes, the adoption of low-code platforms has become instrumental in fostering innovation, enhancing operational efficiencies, and achieving quicker time-to-market for new applications.

The market is poised for further growth as enterprises embrace cloud computing and mobile technologies. Low-code development platforms not only facilitate seamless integration with existing IT infrastructures but also support the creation of scalable, enterprise-grade applications. With a forecasted increase in investments in digital initiatives and software modernization efforts, the global low-code development platform market is set to witness continued expansion, offering promising opportunities for vendors and organizations alike seeking to harness the power of rapid application development.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Type

    3. Market Snapshot, By Organization Size
    4. Market Snapshot, By Region
  4. Global Low-Code Development Platform Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rapid Digital Transformation
        2. Growing IT Skills Gap
        3. Demand for Agile Development
        4. Cost and Time Efficiency
      2. Restraints
        1. Security Concerns
        2. Dependency on Vendor Support
        3. Complexity in Scaling
      3. Opportunities
        1. Emerging SME Adoption
        2. Industry-specific Solutions
        3. AI and Machine Learning Integration
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Low-Code Development Platform Market, By Component, 2021 - 2031 (USD Million)
      1. Platform
      2. Services
    2. Global Low-Code Development Platform Market, By Type, 2021 - 2031 (USD Million)
      1. Web-Based
      2. Mobile-Based
    3. Global Low-Code Development Platform Market, By Organization Size, 2021 - 2031 (USD Million)
      1. Small & Medium-Sized Enterprises (SMEs)
      2. Large Enterprises
    4. Global Low-Code Development Platform Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Salesforce
      2. Microsoft
      3. Appian
      4. Oracle
      5. Pegasystems
      6. Magic Software Enterprises
      7. Agilepoint
      8. Outsystems
      9. Mendix
      10. Zoho
      11. Quick Base
      12. Lansa
      13. Fujitsu Runmyprocess
      14. Netcall
      15. Wavemaker
      16. K2
      17. Trackvia
      18. Thinkwise Software
      19. Micropact (Part Of Tyler Technologies)
      20. Mrc
      21. Right-To-Win
  7. Analyst Views
  8. Future Outlook of the Market