No-code Development Platforms Market Size, Revenue Analysis, Opportunities, Trends, Product Launch, 2021–2028
According to Emergen Research, the global no-code development platforms market was worth USD 12.17 billion in 2020 and is expected to be worth USD 68.05 billion in 2028, with a revenue CAGR of 24.2% during the forecast period. The increasing need for faster application deployment and the rising need to improve productivity are two of the major factors driving global no-code development platforms market revenue growth. Increasing demand for paperless management systems across various industries is also expected to boost global market revenue growth in the coming years.
When you consider all of the fast-growing businesses that want to better scale and reduce costs, it’s no surprise that no-code tools are in high demand.Not only do fast-growing businesses require no-code tools, but so do older businesses attempting to digitalize.The no-code statistics we’ve compiled will help you gain a better understanding of the market’s trends and adoption.
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Zoho Corporation, Appy Pie Inc., AppSheet, Airtable Inc., Quickbase, Inc., Kintone Corporation, Bubble Group, Inc., Salesforce.com, Inc., Clapptron Technologies Private Limited, and Microsoft Corporation
Some Key Highlights from the Report
Platform segment revenue is expected to expand at a significantly robust CAGR during the forecast period owing to rising demand for no-code platforms among businesses to effectively deploy applications.
Web-based segment is expected to lead in terms of revenue share over the forecast period owing to rising demand for web-based apps, as web-based apps have the potential to offer several advantages to organizations.
North America is expected to account for a largest revenue share than other regional markets over the forecast period. Increasing demand for no-code development platforms among end-users in countries in the region to quickly deploy applications is expected to fuel North America market revenue growth going ahead.
Emergen Research has segmented the global no-code development platforms on the basis of component, application, organization size, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
Application Outlook (Revenue, USD Billion; 2018–2028)
Desktop & Server-based
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
End-Use Outlook (Revenue, USD Billion; 2018–2028)
Oil & Gas
Retail & E-commerce
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North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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