Low-Code Development Platform Market by Component (Solution and Services (Professional and Managed)), Deployment Mode, Organization Size, Vertical (Telecom and IT, BFSI, Government), and Region - Global Forecast to 2022

Publisher Name :
Date: 10-Jan-2018
No. of pages: 116
Inquire Before Buying

“The rising demand for software automation and innovative applications across the globe is expected to be driving the growth of the low-code development platform market”

The low-code development platform market size is expected to grow from USD 4.32 billion in 2017 to USD 27.23 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 44.49% during the forecast period. The market is expected to be driven by the increased need for software automation and innovative applications by global organizations. Similarly, the low cost of development and easy deployment features are said to be fueling the growth of the low-code development platform market. However, resentment from the technical teams in organizations is expected to be restraining the growth of the market.

Integration services in the professional services segment is expected to have the largest market size in the low-code development platform market in 2017

The integration services segment is estimated to have the largest market size in 2017. Integrating a comprehensive and robust low-code development platform with the other components of the IT system is one of the basic and most important steps toward deploying the platform. These integrations are done, keeping in mind the standards and compliances set by the government bodies and organizations.

North Americais expected to contribute to the largest market share and Asia Pacific (APAC)is projected to grow at the highest CAGR during the forecast period

North America is estimated to hold the largest market share and dominate the global low-code development platform market in2017.Factors such as the increasing focus of Application Development & Delivery (AD&D) professionals to develop customer-centric applications and the ease of development of web and mobile apps are said to be pushing organizations in North America to adopt the low-code development platform solution. APAC offers growth opportunities for the low-code development platform market to grow, as countries in this region are investing majorly for the deployment of the low-code development platform to rapidly deliver robust applications.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of the profile of primary participants is as follows:


  • By Company: Tier 1 – 20%, Tier 2 – 45%, and Tier 3 – 35%

  • By Designation: C-level – 48%, Director level – 37%, and Others (sales managers, marketing managers, and product managers) – 15%

  • By Region: North America – 22%, Europe – 45%, APAC – 26%, and RoW – 7%


Key low-code development platform vendors are Appian (US), Sales force(US), Service Now (US), Agile Point (US), Bizagi (UK), Caspio (US), K2 (US), Mats Soft Limited (UK), Mendix (US), and Out Systems (US).

Research Coverage

The research covers the low-code development platform market on the basis of different segments, such as components (solution and services), deployment modes, organization size, application types, and verticals in North America, Europe, APAC, MEA, and Latin America. Additionally, it includes the factors that are expected to be driving the growth of the low-code development platform market and its growth opportunities. It also includes the restraining factors and challenges that are possibly limiting the growth of the low-code development platform market. Moreover, the report includes detailed company profiles of the key players offering low-code development platform and services.

The report would help the market leaders/new entrants in this market in the following ways:


  • This report segments the low-code development platform market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across different regions.

  • The report helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

  • This report helps stakeholders understand the competitors better and gain more insights to improve their positions in the business. The competitive landscape section includes competitor ecosystem, new product developments, business expansions, partnerships, and mergers and acquisitions.

Low-Code Development Platform Market by Component (Solution and Services (Professional and Managed)), Deployment Mode, Organization Size, Vertical (Telecom and IT, BFSI, Government), and Region - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Research Assumptions
2.4 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Low-Code Development Platform Market
4.2 Market By Region, 2017 vs 2022
4.3 Market By Vertical, 2017 vs 2022

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Regulatory Implications
5.2.1 Payment Card Industry Data Security Standard (PCI DSS)
5.2.2 Health Insurance Portability and Accountability Act (HIPAA)
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Organizations’ Need for Web and Mobile Apps for Their Business Processes
5.3.1.2 Increasing Api Offerings By Vendors
5.3.1.3 Proliferation of Smartphones Across Various Industries
5.3.2 Restraints
5.3.2.1 Resentment From the Technical Teams in Organizations
5.3.3 Opportunities
5.3.3.1 Ongoing Trend for Digitization in the IT Industry
5.3.3.2 Rising Demand for Software Automation and Innovative Applications
5.3.4 Challenges
5.3.4.1 Need to Build the Customized Applications in Line With the Organizational Needs
5.4 Innovation Spotlight

6 Low-Code Development Platform Market By Component
6.1 Introduction
6.2 Solution
6.3 Services
6.3.1 Professional Services
6.3.1.1 Training and Development
6.3.1.2 Integration
6.3.1.3 Support and Maintenance
6.3.2 Managed Services

7 Low-Code Development Platform Market By Application Type
7.1 Introduction
7.2 Web-Based
7.3 Mobile
7.3.1 IOS
7.3.2 Android
7.3.3 Windows

8 Low-Code Development Platform Market By Deployment Mode
8.1 Introduction
8.2 Cloud
8.3 On-Premises

9 Low-Code Development Platform Market By Organization Size
9.1 Introduction
9.2 Small and Medium-Sized Enterprises
9.3 Large Enterprises

10 Low-Code Development Platform Market By Vertical
10.1 Introduction
10.2 Banking, Financial Services, and Insurance
10.3 Government
10.4 Healthcare and Life Sciences
10.5 Education
10.6 Media and Entertainment
10.7 Retail and Ecommerce
10.8 Manufacturing
10.9 Telecom and IT
10.10 Energy and Utilities
10.11 Others

11 Low-Code Development Platform Market By Region
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia Pacific
11.5 Middle East and Africa
11.6 Latin America

12 Competitive Landscape
12.1 Overview
12.2 Prominent Players Operating in the Market
12.3 Competitive Scenario
12.3.1 New Product Launches
12.3.2 Partnerships, Agreements, and Collaborations
12.3.3 Business Expansions
12.3.4 Mergers and Acquisitions

13 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
13.1 Appian
13.2 Salesforce
13.3 ServiceNow
13.4 AgilePoint
13.5 Bizagi
13.6 Caspio
13.7 K2
13.8 MatsSoft
13.9 Mendix
13.10 OutSystems

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 More Developments
14.1.1 New Product Launches
14.1.2 Partnerships, Agreements, and Collaborations
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Introduction RT: Real-Time Market Intelligence
14.5 Available Customizations
14.6 Related Reports
14.7 Author Details

List of Tables

Table 1 Global Low-Code Development Platform Market Size and Growth, 2015–2022 (USD Million, Y-O-Y %)
Table 2 Innovation Spotlight: Latest Low-Code Development Platform Innovations
Table 3 Low-Code Development Platform Market Size By Component, 2015–2022 (USD Million)
Table 4 Solution: Market Size By Region, 2015–2022 (USD Million)
Table 5 Services: Market Size By Type, 2015–2022 (USD Million)
Table 6 Services: Market Size By Region, 2015–2022 (USD Million)
Table 7 Professional Services Market Size, By Type, 2015–2022 (USD Million)
Table 8 Professional Services Market Size, By Region, 2015–2022 (USD Million)
Table 9 Training and Development Market Size, By Region, 2015–2022 (USD Million)
Table 10 Integration Market Size, By Region, 2015–2022 (USD Million)
Table 11 Support and Maintenance Market Size, By Region, 2015–2022 (USD Million)
Table 12 Managed Services Market Size, By Region, 2015–2022 (USD Million)
Table 13 Market Size By Deployment Mode, 2015–2022 (USD Million)
Table 14 Cloud: Market Size By Region, 2015–2022 (USD Million)
Table 15 On-Premises: Market Size By Region, 2015–2022 (USD Million)
Table 16 Market Size By Organization Size, 2015–2022 (USD Million)
Table 17 Small and Medium-Sized Enterprises: Market Size By Region, 2015–2022 (USD Million)
Table 18 Large Enterprises: Market Size By Region, 2015–2022 (USD Million)
Table 19 Low-Code Development Platform Market Size By Vertical, 2015–2022 (USD Million)
Table 20 Banking, Financial Services, and Insurance: Market Size By Region, 2015–2022 (USD Million)
Table 21 Government: Market Size By Region, 2015–2022 (USD Million)
Table 22 Healthcare and Life Sciences: Market Size By Region, 2015–2022 (USD Million)
Table 23 Education: Market Size By Region, 2015–2022 (USD Million)
Table 24 Media and Entertainment: Market Size By Region, 2015–2022 (USD Million)
Table 25 Retail and Ecommerce: Market Size By Region, 2015–2022 (USD Million)
Table 26 Manufacturing: Market Size By Region, 2015–2022 (USD Million)
Table 27 Telecom and IT: Market Size By Region, 2015–2022 (USD Million)
Table 28 Energy and Utilities: Market Size By Region, 2015–2022 (USD Million)
Table 29 Others: Market Size By Region, 2015–2022 (USD Million)
Table 30 Low-Code Development Platform Market Size, By Region, 2017–2022 (USD Million)
Table 31 North America: Market Size By Country, 2015–2022 (USD Million)
Table 32 North America: Market Size By Component, 2015–2022 (USD Million)
Table 33 North America: Market Size By Service, 2015–2022 (USD Million)
Table 34 North America: Market Size By Professional Service, 2015–2022 (USD Million)
Table 35 North America: Market Size By Deployment Mode, 2015–2022 (USD Million)
Table 36 North America: Market Size By Organization Size, 2015–2022 (USD Million)
Table 37 North America: Market Size By Vertical, 2015–2022 (USD Million)
Table 38 Europe: Low-Code Development Platform Market Size, By Country, 2015–2022 (USD Million)
Table 39 Europe: Market Size By Component, 2015–2022 (USD Million)
Table 40 Europe: Market Size By Service, 2015–2022 (USD Million)
Table 41 Europe: Market Size By Professional Service, 2015–2022 (USD Million)
Table 42 Europe: Market Size By Deployment Mode, 2015–2022 (USD Million)
Table 43 Europe: Market Size By Organization Size, 2015–2022 (USD Million)
Table 44 Europe: Market Size By Vertical, 2015–2022 (USD Million)
Table 45 Asia Pacific: Low-Code Development Platform Market Size, By Country, 2015–2022 (USD Million)
Table 46 Asia Pacific: Market Size By Component, 2015–2022 (USD Million)
Table 47 Asia Pacific: Market Size By Service, 2015–2022 (USD Million)
Table 48 Asia Pacific: Market Size By Professional Service, 2015–2022 (USD Million)
Table 49 Asia Pacific: Market Size By Deployment Mode, 2015–2022 (USD Million)
Table 50 Asia Pacific: Market Size By Organization Size, 2015–2022 (USD Million)
Table 51 Asia Pacific: Market Size By Vertical, 2015–2022 (USD Million)
Table 52 Middle East and Africa: Low-Code Development Platform Market Size, By Sub-Region, 2015–2022 (USD Million)
Table 53 Middle East and Africa: Market Size By Component, 2015–2022 (USD Million)
Table 54 Middle East and Africa: Market Size By Service, 2015–2022 (USD Million)
Table 55 Middle East and Africa: Market Size By Professional Service, 2015–2022 (USD Million)
Table 56 Middle East and Africa: Market Size By Deployment Mode, 2015–2022 (USD Million)
Table 57 Middle East and Africa: Market Size By Organization Size, 2015–2022 (USD Million)
Table 58 Middle East and Africa: Market Size By Vertical, 2015–2022 (USD Million)
Table 59 Latin America: Low-Code Development Platform Market Size, By Country, 2015–2022 (USD Million)
Table 60 Latin America: Market Size By Component, 2015–2022 (USD Million)
Table 61 Latin America: Market Size By Service, 2015–2022 (USD Million)
Table 62 Latin America: Market Size By Professional Service, 2015–2022 (USD Million)
Table 63 Latin America: Market Size By Deployment Mode, 2015–2022 (USD Million)
Table 64 Latin America: Market Size By Organization Size, 2015–2022 (USD Million)
Table 65 Latin America: Market Size By Vertical, 2015–2022 (USD Million)
Table 66 New Product Launches, 2017
Table 67 Partnerships, Agreements, and Collaborations, 2017
Table 68 Business Expansions, 2015–2017
Table 69 Mergers and Acquisitions, 2016–2017

List of Figures

Figure 1 Global Low-Code Development Platform Market Segmentation
Figure 2 Regional Scope
Figure 3 Global Market Research Design
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Assumptions
Figure 8 Market Size By Component, 2017 vs 2022 (USD Million)
Figure 9 Market Size By Organization Size, 2017 vs 2022 (USD Million)
Figure 10 Market Size By Deployment Mode, 2017 vs 2022 (USD Million)
Figure 11 Market Size By Region
Figure 12 Increasing Demand for Customized Enterprise Applications and Low Cost of Development Among Enterprises is Expected to Drive the Overall Growth of the Market During the Forecast Period
Figure 13 Asia Pacific is Expected to Witness the Highest Growth Rate During the Forecast Period
Figure 14 Telecom and IT Vertical is Expected to Have the Highest Growth Rate During the Forecast Period
Figure 15 Market Investment Scenario: Asia Pacific is Expected to Rise as the Best Market for Investment in the Next 5 Years
Figure 16 Low-Code Development Platform Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Solution Segment is Expected to Exhibit the Higher CAGR During the Forecast Period
Figure 18 Cloud Deployment Mode is Expected to Exhibit the Higher CAGR During the Forecast Period
Figure 19 Small and Medium-Sized Enterprises Segment is Expected to Exhibit the Higher CAGR During the Forecast Period
Figure 20 Telecom and IT Vertical is Expected to Have the Highest CAGR During the Forecast Period
Figure 21 Asia Pacific is Expected to Exhibit the Highest CAGR During the Forecast Period
Figure 22 Asia Pacific is Expected to Have the Highest CAGR During the Forecast Period
Figure 23 North America: Market Snapshot
Figure 24 Asia Pacific: Market Snapshot
Figure 25 Key Developments By Leading Players in the Low-Code Development Platform Market During 2015–2017
Figure 26 Market Evaluation Framework
Figure 27 Appian: Company Snapshot
Figure 28 Appian: SWOT Analysis
Figure 29 Salesforce: Company Snapshot
Figure 30 Salesforce: SWOT Analysis
Figure 31 Servicenow: Company Snapshot
Figure 32 Servicenow: SWOT Analysis
Figure 33 Agilepoint: SWOT Analysis
Figure 34 Bizagi: SWOT Analysis

  • Data Governance Market by Application (Incident Management, Process Management, Compliance Management, Risk Management), Business Function, Component, Deployment Model, Organization Size, Industry Vertical, and Region - Global Forecast to 2023
    Published: 19-Apr-2018        Price: US 5650 Onwards        Pages: 180
    The data governance market size is estimated to be USD 1.31 billion in 2018 and is expected to reach USD 3.53 billion by 2023, growing at a Compound Annual Growth Rate (CAGR) of 22.0% during the forecast period. The rapidly increasing growth in data volumes, rising regulatory and compliance mandates, and enhancing strategic risk management and decision-making with the increasing business collaborations are expected to propel the growth of the data governance market. Among various appl......
  • Global Freight Management System Sales Market Report 2018
    Published: 19-Apr-2018        Price: US 4000 Onwards        Pages: 102
    This report studies the global Freight Management System market status and forecast, categorizes the global Freight Management System market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America). In 2017, the global Freight Management System market size was xx million US$ and it is expected to reach xx ......
  • Global PCB Design Software Market Size, Status and Forecast 2025
    Published: 19-Apr-2018        Price: US 3300 Onwards        Pages: 92
    This report studies the global PCB Design Software market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global PCB Design Software market by companies, region, type and end-use industry. This report focuses on the global top players, covered - Mentor Graphics - Candence - Zuken - Altium - CadSoft - Novarm - Shanghai Tsingyue Market segment by Reg......
  • North America and Europe Website Builders Market by Manufacturers, Regions, Type and Application, Forecast to 2023
    Published: 18-Apr-2018        Price: US 4480 Onwards        Pages: 105
    Website builders are tools that typically allow the construction of websites without manual code editing. Scope of the Report: This report focuses on the Website Builders in North America and Europe market, especially in United States, United Kingdom, Canada, Germany, France, Italy and Spain. This report categorizes the market based on manufacturers, countries/Regions, type and application. Market Segment by Manufacturers, this report covers - Wix......
  • Global Freight Management System Market Research Report 2018
    Published: 18-Apr-2018        Price: US 2900 Onwards        Pages: 101
    This report studies the global Freight Management System market status and forecast, categorizes the global Freight Management System market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, China, Japan, South Korea, India and other regions (Southeast Asia, Central & South America, and Middle East & Africa) The global Freight Management System market is valued at xx million US$ in 2017 and......
  • China Precision Farming/Agriculture Market Research Report 2018
    Published: 18-Apr-2018        Price: US 3400 Onwards        Pages: 103
    The global Precision Farming/Agriculture market is valued at XX million USD in 2017 and is expected to reach XX million USD by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. China plays an important role in global market, with market size of xx million USD in 2017 and will be xx million USD in 2025, with a CAGR of xx%. This report studies the Precision Farming/Agriculture development status and future trend in China, focuses on top players in China......
  • Global Innovation Management Platforms Market Size, Status and Forecast 2025
    Published: 18-Apr-2018        Price: US 3300 Onwards        Pages: 109
    This report studies the global Innovation Management Platforms market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Innovation Management Platforms market by companies, region, type and end-use industry. This report focuses on the global top players, covered - Qmarkets - Brightidea - Imaginatik - Hype Innovation - Ideascale - Innosabi - Cognistreamer......
  • Global Elevators Modernization Market Size, Status and Forecast 2025
    Published: 18-Apr-2018        Price: US 3300 Onwards        Pages: 107
    This report studies the global Elevators Modernization market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Elevators Modernization market by companies, region, type and end-use industry. This report focuses on the global top players, covered - Hitachi Ltd - Hyundai Elevator Co., Ltd. - Doppler S.A. - Fujitec Co.,Ltd - Sematic S.p.A - ThyssenKrupp Elevator AG......
  • Global Microsegmentation Software Market Size, Status and Forecast 2025
    Published: 18-Apr-2018        Price: US 3300 Onwards        Pages: 106
    This report studies the global Microsegmentation Software market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Microsegmentation Software market by companies, region, type and end-use industry. This report focuses on the global top players, covered - VMware (US) - Cisco (US) - Unisys (US) - vArmour (US) - Juniper Networks (US) - OPAQ Networks (US) - Nuta......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs