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Low-Code Development Platform Market by Component (Platform and Services), Application Type, Deployment Type (Cloud and On-Premises), Organization Size (SMEs and Large Enterprises), Industry, and Region - Global Forecast to 2025

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Date: 28-Apr-2020
No. of pages: 161
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Increasing need of digitalization and maturity of agile DevOps practices to drive the overall growth of the low-code development platform market.

The low-code development platform market is projected to grow from USD 13.2 billion in 2020 to USD 45.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 28.1% during the forecast period. The increasing need of digitalization and maturity of agile DevOps practices are expected to enhance the use of low-code development platform market across the globe. Dependency on vendor supplied customization restraining the growth of the low-code development platform market.

By component, the platform segment to hold a larger market size in 2020

The low-code development platform simplifies the designing, modeling, and implementing of business application and refining and optimizing processes, which involves human interaction or multiple business disciplines. Therefore, the platform segment registers the highest growth rate during the forecast period.

By application type, the web-based segment to register the highest growth rate during the forecast period

Web application is considered as a face of an organization and by using the low-code development platform organizations can roll out user-defined web-based applications quickly. Instead of writing the programming language for the development of web-based applications, employees with less development experience can also create sophisticated applications.Therefore, web-based segment holds the highest growth rate during the forecast period.

Asia Pacific to register the highest growth rate during the forecast period

Asia Pacific (APAC) has witnessed an advanced and dynamic adoption of new technologies and is expected to record the highest CAGR in the global low-code development platform market during the forecast period. APAC constitutes major economies, such as China, Japan, and Australia and New Zealand, which are expected to register high growth rates in the low-code development platform market. Industries such as government and defense, Information Technology (IT), healthcare, manufacturing, retail and eCommerce, Banking, Financial Services and Insurance (BFSI) are expected to adopt low-code development platform solutions at the highest rate in the region. Companies operating in APAC would benefit from the flexible economic conditions, industrialization-motivated policies of the governments, as well as from the growing digitalization, which is expected to have a significant impact on the business community.


  • By Company Type: Tier 1 – 25%, Tier 2 – 40%, and Tier 3 – 35%

  • By Designation: C-level – 30%, D-level – 35%, and Others – 35%

  • By Region: North America – 40%,Europe– 25%, Asia Pacific– 25%,RoW – 10%


Major vendors offering low-code development platform software include Salesforce (US), Microsoft (US),  Appian  (US), Oracle (US), Pegasystems (US), Magic Software Enterprises (US), AgilePoint (US), Out Systems(US), Zoho (India), QuickBase (US), LANSA (US), Fujitsu RunMyProcess (France), Netcall (UK), WaveMaker (US), and K2 (US).

Research Coverage

The market study covers the low-code development platform market size across segments. It aims at estimating the market size and the growth potential of this market across different segments by component, application type, deployment type, organization size, industry, and region. The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report

The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall low-code development platform market and its sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

Low-Code Development Platform Market by Component (Platform and Services), Application Type, Deployment Type (Cloud and On-Premises), Organization Size (SMEs and Large Enterprises), Industry, and Region - Global Forecast to 2025

Table of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1 Inclusions And Exclusions
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.3.3 Years Considered For The Study
1.4 Currency Considered
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup Of Primary Profiles
2.1.2.2 Key Industry Insights
2.2 Market Breakup And Data Triangulation
2.3 Market Size Estimation
2.4 Market Forecast
2.5 Research Assumptions
2.6 Limitations Of The Study

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities In The Market
4.2 Low-Code Development Platform Market, By Component, 2020–2025
4.3 Market, By Application Type, 2020–2025
4.4 Market, By Deployment Type, 2020–2025
4.5 Market, By Organization Size, 2020–2025
4.6 Market, Market Share Of Top Three Verticals And Regions, 2020

5 Market Overview And Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Need For Rapid Customization And Scalability
5.2.1.2 Enterprise Mobility Enables Users To Develop A Business Application Using The Low-Code Development Platform
5.2.1.3 Elimination Of Gaps In The Required It Skills
5.2.2 Restraints
5.2.2.1 Dependency On Vendor Supplied Customization
5.2.3 Opportunities
5.2.3.1 Growing Digital Transformation In The It Industry
5.2.3.2 Rising Demand For Robust Solutions To Maximize The Visibility And Control Over Processes
5.2.4 Challenges
5.2.4.1 Legacy Software Needs To Be Upgraded
5.2.4.2 Selecting Right Time And Right Process To Implement Automation
5.2.5 Use Cases
5.2.5.1 Use Case: Information Technology
5.2.5.2 Use Case: Healthcare
5.2.5.3 Use Case: Manufacturing
5.2.5.4 Use Case: Telecom
5.2.5.5 Use Case: Energy And Utilities
5.2.6 Regulatory Implications
5.2.6.1 Health Insurance Portability And Accountability Act
5.2.6.2 Payment Card Industry Data Security Standard
5.2.6.3 Soc 2 Compliance

6 Impact Of Covid-19 On Low-Code Development Platform Market

7 Low-Code Development Platform Market, By Component
7.1 Introduction
7.1.1 Component: Market Drivers
7.2 Platform
7.3 Services

8 Low-Code Development Platform Market, By Application Type
8.1 Introduction
8.1.1 Application Type: Market Drivers
8.2 Web-Based
8.3 Mobile-Based
8.4 Desktop And Server-Based

9 Low-Code Development Platform Market, By Deployment Type
9.1 Introduction
9.1.1 Deployment Type: Market Drivers
9.2 On-Premises
9.3 Cloud

10 Low-Code Development Platform Market, By Organization Size
10.1 Introduction
10.1.1 Organization Size: Market Drivers
10.2 Large Enterprises
10.3 Small And Medium-Sized Enterprises

11 Low-Code Development Platform Market, By Industry
11.1 Introduction
11.1.1 Industry: Market Drivers
11.2 Banking, Financial Services And Insurance
11.3 Retail And Ecommerce
11.4 Government And Defense
11.5 Healthcare
11.6 Information And Technology
11.7 Energy And Utilities
11.8 Manufacturing
11.9 Others

12 Low-Code Development Platform Market, By Region
12.1 Introduction
12.2 North America
12.2.1 North America: Market Drivers
12.2.2 United States
12.2.3 Canada
12.3 Europe
12.3.1 Europe: Market Drivers
12.3.2 United Kingdom
12.3.3 Germany
12.3.4 France
12.3.5 Rest Of Europe
12.4 Asia Pacific
12.4.1 Asia Pacific: Market Drivers
12.4.2 China
12.4.3 Japan
12.4.4 Australia And New Zealand
12.4.5 Rest Of Asia Pacific
12.5 Middle East And Africa
12.5.1 Middle East And Africa: Market Drivers
12.5.2 Kingdom Of Saudi Arabia
12.5.3 United Arab Emirates
12.5.4 Africa
12.6 Latin America
12.6.1 Latin America: Market Drivers
12.6.2 Brazil
12.6.3 Mexico
12.6.4 Rest Of Latin America

13 Competitive Landscape
13.1 Overview
13.2 Competitive Leadership Mapping
13.2.1 Visionary Leaders
13.2.2 Innovators
13.2.3 Dynamic Differentiators
13.2.4 Emerging Companies

14 Company Profiles
14.1 Introduction
(Business Overview, Platforms Offered, Recent Developments, Covid-19 Related Developments & Swot Analysis)* 
14.2 Salesforce
14.3 Microsoft
14.4 Appian
14.5 Oracle
14.6 Pegasystems
14.7 Magic Software Enterprises
14.8 Agilepoint
14.9 Outsystems
14.1 Mendix
14.11 Zoho
14.12 Quick Base
14.13 Lansa
14.14 Fujitsu Runmyprocess
14.15 Netcall
14.16 Wavemaker
14.17 K2
14.18 Trackvia
14.19 Thinkwise Software
14.20 Micropact (Part Of Tyler Technologies)
14.21 Mrc
14.22 Right-To-Win
*Details On Business Overview, Platforms Offered, Recent Developments, Covid-19 Related Developments & Swot Analysis Might Not Be Captured In Case Of Unlisted Companies.

15 Appendix
15.1 Discussion Guide
15.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
15.3 Available Customizations
15.4 Related Reports
15.5 Author Details

List of Tables

Table 1 Factor Analysis
Table 2 Low-Code Development Platform Market Size, By Component, 2018–2025 (Usd Million)
Table 3 Platform: Market Size, By Region, 2018–2025 (Usd Million)
Table 4 Services: Market Size, By Region, 2018–2025 (Usd Million)
Table 5 Low-Code Development Platform Market Size, By Application Type, 2018–2025 (Usd Million)
Table 6 Web-Based: Market Size, By Region, 2018–2025 (Usd Million)
Table 7 Mobile-Based: Market Size, By Region, 2018–2025 (Usd Million)
Table 8 Desktop And Server-Based: Market Size, By Region, 2018–2025 (Usd Million)
Table 9 Low-Code Development Platform Market Size, By Deployment Type, 2020–2025 (Usd Million)
Table 10 On-Premises: Market Size, By Region, 2018–2025 (Usd Million)
Table 11 Cloud: Market Size, By Region, 2020–2025 (Usd Million)
Table 12 Low-Code Development Platform Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 13 Large Enterprises: Market Size, By Region, 2018–2025 (Usd Million)
Table 14 Small And Medium-Sized Enterprises: Market Size, By Region, 2018–2025 (Usd Million)
Table 15 Low-Code Development Platform Market Size, By Industry, 2018–2025 (Usd Million)
Table 16 Banking, Financial Services And Insurance: Market Size, By Region, 2018–2025 (Usd Million)
Table 17 Retail And Ecommerce: Market Size, By Region, 2018–2025 (Usd Million)
Table 18 Government And Defense: Market Size, By Region, 2018–2025 (Usd Million)
Table 19 Healthcare: Market Size, By Region, 2018–2025 (Usd Million)
Table 20 Information And Technology: Market Size, By Region, 2018–2025 (Usd Million)
Table 21 Energy And Utilities: Market Size, By Region, 2018–2025 (Usd Million)
Table 22 Manufacturing: Market Size, By Region, 2018–2025 (Usd Million)
Table 23 Others: Market Size, By Region, 2018–2025 (Usd Million)
Table 24 Low-Code Development Platform Market Size, By Region, 2018–2025 (Usd Million)
Table 25 North America: Low-Code Development Platform Market Size, By Component, 2018–2025 (Usd Million)
Table 26 North America: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 27 North America: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 28 North America: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 29 North America: Market Size, By Industry 2018–2025 (Usd Million)
Table 30 North America: Market Size, By Country, 2018–2025 (Usd Million)
Table 31 United States: Market Size, By Component, 2018–2025 (Usd Million)
Table 32 United States: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 33 United States: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 34 United States: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 35 United States: Market Size, By Industry, 2018–2025 (Usd Million)
Table 36 Canada: Market Size, By Component, 2018–2025 (Usd Million)
Table 37 Canada: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 38 Canada: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 39 Canada: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 40 Canada: Market Size, By Industry, 2018–2025 (Usd Million)
Table 41 Europe: Low-Code Development Platform Market Size, By Component, 2018–2025 (Usd Million)
Table 42 Europe: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 43 Europe: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 44 Europe: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 45 Europe: Market Size, By Industry, 2018–2025 (Usd Million)
Table 46 Europe: Market Size, By Country, 2018–2025 (Usd Million)
Table 47 United Kingdom: Market Size, By Component, 2018–2025 (Usd Million)
Table 48 United Kingdom: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 49 United Kingdom: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 50 United Kingdom: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 51 United Kingdom: Market Size, By Industry, 2018–2025 (Usd Million)
Table 52 Germany: Market Size, By Component, 2018–2025 (Usd Million)
Table 53 Germany: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 54 Germany: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 55 Germany: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 56 Germany: Market Size, By Industry, 2018–2025 (Usd Million)
Table 57 France: Market Size, By Component, 2018–2025 (Usd Million)
Table 58 France: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 59 France: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 60 France: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 61 France: Market Size, By Industry, 2018–2025 (Usd Million)
Table 62 Rest Of Europe: Market Size, By Component, 2018–2025 (Usd Million)
Table 63 Rest Of Europe: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 64 Rest Of Europe: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 65 Rest Of Europe: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 66 Rest Of Europe: Market Size, By Industry, 2018–2025 (Usd Million)
Table 67 Asia Pacific: Low-Code Development Platform Market Size, By Component, 2018–2025 (Usd Million)
Table 68 Asia Pacific: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 69 Asia Pacific: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 70 Asia Pacific: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 71 Asia Pacific: Market Size, By Industry, 2018–2025 (Usd Million)
Table 72 Asia Pacific: Market Size, By Country, 2018–2025 (Usd Million)
Table 73 China: Market Size, By Component, 2018–2025 (Usd Million)
Table 74 China: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 75 China: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 76 China: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 77 China: Market Size, By Industry, 2018–2025 (Usd Million)
Table 78 Japan: Market Size, By Component, 2018–2025 (Usd Million)
Table 79 Japan: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 80 Japan: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 81 Japan: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 82 Japan: Market Size, By Industry, 2018–2025 (Usd Million)
Table 83 Australia And New Zealand: Market Size, By Component, 2018–2025 (Usd Million)
Table 84 Australia And New Zealand: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 85 Australia And New Zealand: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 86 Australia And New Zealand: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 87 Australia And New Zealand: Market Size, By Industry, 2018–2025 (Usd Million)
Table 88 Rest Of Asia Pacific: Market Size, By Component, 2018–2025 (Usd Million)
Table 89 Rest Of Asia Pacific: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 90 Rest Of Asia Pacific: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 91 Rest Of Asia Pacific: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 92 Rest Of Asia Pacific: Market Size, By Industry, 2018–2025 (Usd Million)
Table 93 Middle East And Africa: Low-Code Development Platform Market Size, By Component, 2018–2025 (Usd Million)
Table 94 Middle East And Africa: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 95 Middle East And Africa: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 96 Middle East And Africa: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 97 Middle East And Africa: Market Size, By Industry, 2018–2025 (Usd Million)
Table 98 Kingdom Of Saudi Arabia: Market Size, By Component, 2018–2025 (Usd Million)
Table 99 Kingdom Of Saudi Arabia: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 100 Kingdom Of Saudi Arabia: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 101 Kingdom Of Saudi Arabia: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 102 Kingdom Of Saudi Arabia: Market Size, By Industry, 2018–2025 (Usd Million)
Table 103 United Arab Emirates: Market Size, By Component, 2018–2025 (Usd Million)
Table 104 United Arab Emirates: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 105 United Arab Emirates: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 106 United Arab Emirates: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 107 Uae: Market Size, By Industry, 2018–2025 (Usd Million)
Table 108 Africa: Market Size, By Component, 2018–2025 (Usd Million)
Table 109 Africa: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 110 Africa: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 111 Africa: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 112 Africa: Market Size, By Industry, 2018–2025 (Usd Million)
Table 113 Latin America: Low-Code Development Platform Market Size, By Component, 2018–2025 (Usd Million)
Table 114 Latin America: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 115 Latin America: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 116 Latin America: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 117 Latin America: Market Size, By Industry, 2018–2025 (Usd Million)
Table 118 Latin America: Market Size, By Country, 2018–2025 (Usd Million)
Table 119 Brazil: Market Size, By Component, 2018–2025 (Usd Million)
Table 120 Brazil: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 121 Brazil: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 122 Brazil: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 123 Brazil: Market Size, By Industry, 2018–2025 (Usd Million)
Table 124 Mexico: Market Size, By Component, 2018–2025 (Usd Million)
Table 125 Mexico: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 126 Mexico: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 127 Mexico: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 128 Mexico: Market Size, By Industry, 2018–2025 (Usd Million)
Table 129 Rest Of Latin America: Market Size, By Component, 2018–2025 (Usd Million)
Table 130 Rest Of Latin America: Market Size, By Application Type, 2018–2025 (Usd Million)
Table 131 Rest Of Latin America: Market Size, By Deployment Type, 2018–2025 (Usd Million)
Table 132 Rest Of Latin America: Market Size, By Organization Size, 2018–2025 (Usd Million)
Table 133 Rest Of Latin America: Market Size, By Industry, 2018–2025 (Usd Million)

List of Figures

Figure 1 Low-Code Development Platform Market: Research Design
Figure 2 Market Size Estimation Methodology, Approach 1 (Supply Side): Revenue Of Products/Solutions/Services Of The Low-Code Development Platform Market
Figure 3 Market Size Estimation Methodology—Approach 1— Bottom-Up (Supply Side): Collective Revenue Of All Products/Solutions/Services Of The Market
Figure 4 Market Size Estimation Methodology—Approach 2—Bottom-Up (Demand Side): Products/Solutions/Services Sold And Their Average Selling Price
Figure 5 Low- Code Development Platform Market Snapshot, 2018–2025
Figure 6 Large Enterprises Segment To Hold A Larger Market Size During The Forecast Period
Figure 7 North America To Hold The Highest Market Share During The Forecast Period
Figure 8 Increasing Need Of Digitalization And Maturity Around Agile Devops Practices To Drive The Adoption Of Low-Code Development Platform And Services
Figure 9 Platform Segment To Hold A Higher Market Share During The Forecast Period
Figure 10 Web-Based Segment To Hold The Highest Market Size During The Forecast Period
Figure 11 Cloud Segment To Hold A Higher Market Share During The Forecast Period
Figure 12 Small And Medium-Sized Enterprises Segment To Have A Higher Market Size During The Forecast Period
Figure 13 Banking, Financial Services, And Insurance Vertical And North America To Have The Highest Market Shares In 2020
Figure 14 Drivers, Restraints, Opportunities, And Challenges: Low-Code Development Platform Market
Figure 15 Platform Segment To Grow At A Higher Rate During The Forecast Period
Figure 16 Cloud Segment To Hold A Larger Market Size
Figure 17 Small And Medium-Sized Enterprises Segment To Grow At A Higher Cagr During The Forecast Period
Figure 18 Banking, Financial Services And Insurance Industry To Register The Highest Cagr During The Forecast Period
Figure 19 Asia Pacific To Grow At The Highest Cagr During The Forecast Period
Figure 20 North America: Market Snapshot
Figure 21 Asia Pacific: Market Snapshot
Figure 22 Low-Code Development Platform Market (Global), Competitive Leadership Mapping, 2020
Figure 23 Salesforce: Company Snapshot
Figure 24 Salesforce: Swot Analysis
Figure 25 Microsoft: Company Snapshot
Figure 26 Microsoft: Swot Analysis
Figure 27 Appian: Company Snapshot
Figure 28 Appian: Swot Analysis
Figure 29 Oracle: Company Snapshot
Figure 30 Oracle: Swot Analysis
Figure 31 Pegasystems: Company Snapshot
Figure 32 Pegasystems: Swot Analysis
Figure 33 Magic Software Enterprises: Company Snapshot

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