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Low-Code Application Development Platform Market Size, Share & Trends Analysis Report By Component, By Application, By Deployment, By Organization, By Region, And Segment Forecasts, 2020 - 2027

August 2020 | 120 pages | ID: L719CD88382EEN
Grand View Research, Inc.

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Low-Code Application Development Platform Market Growth & Trends
The global low code application development platform market size is expected to reach USD 86.92 billion by 2027, according to a new report by Grand View Research, Inc. The market is projected to register a CAGR of 22.7% during the forecast period. The increasing need for rapid customization and scalability, elimination of IT backlogs, enhancing digital transformation, and demand for robust solutions are the key driving factors for the market growth. North America held the largest share due to the presence of key vendors such as Appian, Microsoft, Pegasystems, Oracle Corporation, and Salesforce. The low code application development platform is the visual and non-technical approach of the design and development of web-based and mobile-based application development platforms.

Low-code Application Development Platform (LCADP) helps organizations overcome the shortage of technical developers and employ non-technical developers by improving the development teams’ association. In addition, it supports the end-user industries such as BFSI, IT and telecom, and others to increase profit margins rapidly. However, low code application development platforms are a vital opportunity for small and medium enterprises to reduce the IT backlogs and undergo a rapid digital transformation with the modern interface. It also creates an opportunity for small, medium, and large organizations to develop the new UI and other developments in the traditional ecosystems.

Low code application development platforms are widely used by the industry verticals such as IT and telecom, BFSI, energy and utilities, and manufacturing as they generate huge information daily. Therefore, LCDAP helps these industry verticals in developing a modern interface and visualization of the data through its platform.

Low-Code Application Development Platform Market Report Highlights
  • The low code application development platform market accounted for USD 11.45 billion in 2019 and is expected to grow at a CAGR of 22.7% from 2020 to 2027.
  • On-premise emerged as the largest segment in 2019 and is estimated to generate revenue of over USD 44.27 billion by 2027.
  • Mobile-based application segment is expected to reach over USD 35 billion by 2027 growing at the fastest CAGR over the forecast period
  • The North American market held the largest share in the market in 2019. Increasing demand for robust solutions and the presence of key platform vendors in the region is anticipated to drive the market.
CHAPTER 1 METHODOLOGY & SCOPE

1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
  1.3.1 Purchased Database
  1.3.2 GVR's Internal Database
1.4 Information Analysis
1.5 Market Formulation and Data Validation
1.6 List of Abbreviations

CHAPTER 2 EXECUTIVE SUMMARY

2.1 Low Code Application Development Platform Market Snapshot, 2019
2.2 Low Code Application Development Platform Market
2.3 Low Code Application Development Platform Regional Segment Trends, 2016 - 2027 (USD Billion)
2.4 Component Segment Trends, 2016 - 2027 (USD Billion)
2.5 Application Segment Trends, 2016 - 2027 (USD Billion)
2.6 Deployment Segment Trends, 2016 - 2027 (USD Billion)
2.7 Organization Segment Trends, 2016 - 2027 (USD Billion)

CHAPTER 3 MARKET VARIABLES, TRENDS, & SCOPE

3.1 Penetration and Growth Prospect Mapping
3.2 Value Chain Analysis
3.3 Market Dynamics
  3.3.1 Market Drivers Analysis
    3.3.1.1 Increasing need for robust solutions to maximize the visibility
    3.3.1.2 Growing digital transformation in IT sector
    3.3.1.3 Increasing need for rapid customization and scalability
  3.3.2 Market Restraint Analysis
    3.3.2.1 Lack of knowledge
3.4 Low Code Application Development Platform Market: PEST analysis
3.5 Porter’s Five Forces Analysis
3.6 Low Code Application Development Platform Key Company Analysis, 2019

CHAPTER 4 LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET: BY COMPONENT

4.1 Component Segment Analysis, 2016 - 2027 (USD Billion)
4.2 Platform
  4.2.1 Platform Segment Trends, 2016 - 2027 (USD Billion)
4.3 Services
  4.3.1 Services Segment Trends, 2016 - 2027 (USD Billion)

CHAPTER 5 LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET: BY APPLICATION

5.1 Application Segment Analysis, 2016 - 2027 (USD Billion)
5.2 Web based
  5.2.1 Web based Segment Trends, 2016 - 2027 (USD Billion)
5.3 Mobile based
  5.3.1 Mobile based Segment Trends, 2016 - 2027 (USD Billion)

CHAPTER 6 LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET: BY DEPLOYMENT

6.1 Deployment Segment Analysis, 2016 - 2027 (USD Billion)
6.2 Cloud
  6.2.1 Cloud Segment Trends, 2016 - 2027 (USD Billion)
6.3 On Premise
  6.3.1 On Premise Segment Trends, 2016 - 2027 (USD Billion)

CHAPTER 7 LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET: BY ORGANIZATION

7.1 Organization Segment Analysis, 2016 - 2027 (USD Billion)
7.2 SME
  7.2.1 SME Segment Trends, 2016 - 2027 (USD Billion)
7.3 LE
  7.3.1 LE Segment Trends, 2016 - 2027 (USD Billion)

CHAPTER 8 LOW CODE APPLICATION DEVELOPMENT PLATFORM MARKET: BY REGION

8.1 Regional Segment Analysis, 2016 - 2027 (USD Billion)
8.2 North America
  8.2.1 North America Low Code Application Development Platform market by country, 2016 - 2027 (USD Billion)
  8.2.2 North America Low Code Application Development Platform market by component, 2016 - 2027 (USD Billion)
  8.2.3 North America Low Code Application Development Platform market by application, 2016 - 2027 (USD Billion)
  8.2.4 North America Low Code Application Development Platform market by deployment, 2016 - 2027 (USD Billion)
  8.2.5 North America Low Code Application Development Platform market by organization, 2016 - 2027 (USD Billion)
  8.2.6 The U.S.
    8.2.6.1 The U.S. Low Code Application Development Platform market by component, 2016 - 2027 (USD Billion)
    8.2.6.2 The U.S. Low Code Application Development Platform market by application, 2016 - 2027 (USD Billion)
    8.2.6.3 The U.S. Low Code Application Development Platform market by deployment, 2016 - 2027 (USD Billion)
    8.2.6.4 The U.S. Low Code Application Development Platform market by organization, 2016 - 2027 (USD Billion)
  8.2.7 Canada
    8.2.7.1 Canada Low Code Application Development Platform market by component, 2016 - 2027 (USD Billion)
    8.2.7.2 Canada Low Code Application Development Platform market by application, 2016 - 2027 (USD Billion)
    8.2.7.3 Canada Low Code Application Development Platform market by deployment, 2016 - 2027 (USD Billion)
    8.2.7.4 Canada Low Code Application Development Platform market by organization, 2016 - 2027 (USD Billion)
8.3 Europe
  8.3.1 Europe Low Code Application Development Platform market by country, 2016 - 2027 (USD Billion)
  8.3.2 Europe Low Code Application Development Platform market by component, 2016 - 2027 (USD Billion)
  8.3.3 Europe Low Code Application Development Platform market by application, 2016 - 2027 (USD Billion)
  8.3.4 Europe Low Code Application Development Platform market by deployment, 2016 - 2027 (USD Billion)
  8.3.5 Europe Low Code Application Development Platform market by organization, 2016 - 2027 (USD Billion)
  8.3.6 The U.K.
    8.3.6.1 The U.K. Low Code Application Development Platform market by component, 2016 - 2027 (USD Billion)
    8.3.6.2 The U.K. Low Code Application Development Platform market by application, 2016 - 2027 (USD Billion)
    8.3.6.3 The U.K. Low Code Application Development Platform market by deployment, 2016 - 2027 (USD Billion)
    8.3.6.4 The U.K. Low Code Application Development Platform market by organization, 2016 - 2027 (USD Billion)
  8.3.7 Germany
    8.3.7.1 Germany Low Code Application Development Platform market by component, 2016 - 2027 (USD Billion)
    8.3.7.2 Germany Low Code Application Development Platform market by application, 2016 - 2027 (USD Billion)
    8.3.7.3 Germany Low Code Application Development Platform market by deployment 2016 - 2027 (USD Billion)
    8.3.7.4 Germany Low Code Application Development Platform market by organization, 2016 - 2027 (USD Billion)
8.4 Asia Pacific
  8.4.1 Asia Pacific Low Code Application Development Platform market by country, 2016 - 2027 (USD Billion)
  8.4.2 Asia Pacific Low Code Application Development Platform market by component, 2016 - 2027 (USD Billion)
  8.4.3 Asia Pacific Low Code Application Development Platform market by application, 2016 - 2027 (USD Billion)
  8.4.4 Asia Pacific Low Code Application Development Platform market by deployment, 2016 - 2027 (USD Billion)
  8.4.5 Asia Pacific Low Code Application Development Platform market by organization, 2016 - 2027 (USD Billion)
  8.4.6 China
    8.4.6.1 China Low Code Application Development Platform market by component, 2016 - 2027 (USD Billion)
    8.4.6.2 China Low Code Application Development Platform market by application, 2016 - 2027 (USD Billion)
    8.4.6.3 China Low Code Application Development Platform market by deployment, 2016 - 2027 (USD Billion)
    8.4.6.4 China Low Code Application Development Platform market by organization, 2016 - 2027 (USD Billion)
  8.4.7 India
    8.4.7.1 India Low Code Application Development Platform market by component, 2016 - 2027 (USD Billion)
    8.4.7.2 India Low Code Application Development Platform market by application, 2016 - 2027 (USD Billion)
    8.4.7.3 India Low Code Application Development Platform market by deployment, 2016 - 2027 (USD Billion)
    8.4.7.4 India Low Code Application Development Platform market by organization, 2016 - 2027 (USD Billion)
8.5 Rest of the World (RoW)
  8.5.1 RoW Low Code Application Development Platform market by component, 2016 - 2027 (USD Billion)
  8.5.2 RoW Low Code Application Development Platform market by application, 2016 - 2027 (USD Billion)
  8.5.3 RoW Low Code Application Development Platform market by deployment, 2016 - 2027 (USD Billion)
  8.5.4 RoW Low Code Application Development Platform market by organization, 2016 - 2027 (USD Billion)

CHAPTER 9 COMPANY PROFILES

9.1 Appian
  9.1.1 Company overview
  9.1.2 Financial performance
  9.1.3 Product benchmarking
  9.1.4 Strategic initiatives
9.2 Betty Blocks
  9.2.1 Company overview
  9.2.2 Financial performance
  9.2.3 Product benchmarking
  9.2.4 Strategic initiatives
9.3 Fujitsu
  9.3.1 Company overview
  9.3.2 Financial performance
  9.3.3 Product benchmarking
  9.3.4 Strategic initiatives
9.4 K2
  9.4.1 Company overview
  9.4.2 Financial performance
  9.4.3 Product benchmarking
  9.4.4 Strategic initiatives
9.5 Lansa
  9.5.1 Company overview
  9.5.2 Financial performance
  9.5.3 Product benchmarking
  9.5.4 Strategic initiatives
9.6 Mendix
  9.6.1 Company overview
  9.6.2 Financial performance
  9.6.3 Product benchmarking
  9.6.4 Strategic initiatives
9.7 Micropact
  9.7.1 Company overview
  9.7.2 Financial performance
  9.7.3 Product benchmarking
  9.7.4 Strategic initiatives
9.8 Microsoft
  9.8.1 Company overview
  9.8.2 Financial performance
  9.8.3 Product benchmarking
  9.8.4 Strategic initiatives
9.9 Oracle Corporation
  9.9.1 Company overview
  9.9.2 Financial performance
  9.9.3 Product benchmarking
  9.9.4 Strategic initiatives
9.10 Out Systems
  9.10.1 Company overview
  9.10.2 Financial performance
  9.10.3 Product benchmarking
  9.10.4 Strategic initiatives
9.11 Pega Systems
  9.11.1 Company overview
  9.11.2 Financial performance
  9.11.3 Product benchmarking
  9.11.4 Strategic initiatives
9.12 Salesforce
  9.12.1 Company overview
  9.12.2 Financial performance
  9.12.3 Product benchmarking
  9.12.4 Strategic initiatives
9.13 ServiceNow
  9.13.1 Company overview
  9.13.2 Financial performance
  9.13.3 Product benchmarking
  9.13.4 Strategic initiatives
9.14 TrackVia
  9.14.1 Company overview
  9.14.2 Financial performance
  9.14.3 Product benchmarking
  9.14.4 Strategic initiatives
9.15 Zoho
  9.15.1 Company overview
  9.15.2 Financial performance
  9.15.3 Product benchmarking
  9.15.4 Strategic initiatives

LIST OF TABLES

Table 1 List of Abbreviation
Table 2 Low Code Application Development Platform market, 2016 - 2027 (USD Billion)
Table 3 Low Code Application Development Platform market, by component 2016 - 2027 (USD Billion)
Table 4 Low Code Application Development Platform market, by application 2016 - 2027 (USD Billion)
Table 5 Low Code Application Development Platform market, by deployment 2016 - 2027 (USD Billion)
Table 6 Low Code Application Development Platform market, by organization 2016 - 2027 (USD Billion)
Table 7 Low Code Application Development Platform market, by region 2016 - 2027 (USD Billion)
Table 8 Platform market, by region, 2016 - 2027 (USD Billion)
Table 9 Services market, by region, 2016 - 2027 (USD Billion)
Table 10 Web based market, by region, 2016 - 2027 (USD Billion)
Table 11 Mobile based services market, by region, 2016 - 2027 (USD Billion)
Table 12 Cloud market, by region, 2016 - 2027 (USD Billion)
Table 13 On Premise market, by region, 2016 - 2027 (USD Billion)
Table 14 SME market, by region, 2016 - 2027 (USD Billion)
Table 15 LE market, by region, 2016 - 2027 (USD Billion)
Table 16 North America Low Code Application Development Platform market, by country, 2016 - 2027 (USD Billion)
Table 17 North America Low Code Application Development Platform market, by component, 2016 - 2027 (USD Billion)
Table 18 North America Low Code Application Development Platform market, by application, 2016 - 2027 (USD Billion)
Table 19 North America Low Code Application Development Platform market, by deployment, 2016 - 2027 (USD Billion)
Table 20 North America Low Code Application Development Platform market, by organization, 2016 - 2027 (USD Billion)
Table 21 The U.S. Low Code Application Development Platform market, by component, 2016 - 2027 (USD Billion)
Table 22 The U.S. Low Code Application Development Platform market, by application, 2016 - 2027 (USD Billion)
Table 23 The U.S. Low Code Application Development Platform market, by deployment, 2016 - 2027 (USD Billion)
Table 24 The U.S. Low Code Application Development Platform market, by organization 2016 - 2027 (USD Billion)
Table 25 Canada Low Code Application Development Platform market, by component, 2016 - 2027 (USD Billion)
Table 26 Canada Low Code Application Development Platform market, by application, 2016 - 2027 (USD Billion)
Table 27 Canada Low Code Application Development Platform market, by deployment, 2016 - 2027 (USD Billion)
Table 28 Canada Low Code Application Development Platform market, by organization, 2016 - 2027 (USD Billion)
Table 29 Europe Low Code Application Development Platform market, by country, 2016 - 2027 (USD Billion)
Table 30 Europe Low Code Application Development Platform market, by component, 2016 - 2027 (USD Billion)
Table 31 Europe Low Code Application Development Platform market, by application, 2016 - 2027 (USD Billion)
Table 32 Europe Low Code Application Development Platform market, by deployment, 2016 - 2027 (USD Billion)
Table 33 The U.K. Low Code Application Development Platform market, by component, 2016 - 2027 (USD Billion)
Table 34 The U.K. Low Code Application Development Platform market, by application, 2016 - 2027 (USD Billion)
Table 35 The U.K. Low Code Application Development Platform market, by deployment, 2016 - 2027 (USD Billion)
Table 36 The U.K. Low Code Application Development Platform market, by organization, 2016 - 2027 (USD Billion)
Table 37 Germany Low Code Application Development Platform market, by component, 2016 - 2027 (USD Billion)
Table 38 Germany Low Code Application Development Platform market, by application, 2016 - 2027 (USD Billion)
Table 39 Germany Low Code Application Development Platform market, by deployment, 2016 - 2027 (USD Billion)
Table 40 Germany Low Code Application Development Platform market, by organization, 2016 - 2027 (USD Billion)
Table 41 Asia Pacific Low Code Application Development Platform market, by country, 2016 - 2027 (USD Billion)
Table 42 Asia Pacific Low Code Application Development Platform market, by component, 2016 - 2027 (USD Billion)
Table 43 Asia Pacific Low Code Application Development Platform market, by application, 2016 - 2027 (USD Billion)
Table 44 Asia Pacific Low Code Application Development Platform market, by deployment, 2016 - 2027 (USD Billion)
Table 45 Asia Pacific Low Code Application Development Platform market, by organization, 2016 - 2027 (USD Billion)
Table 46 China Low Code Application Development Platform market, by component, 2016 - 2027 (USD Billion)
Table 47 China Low Code Application Development Platform market, by application, 2016 - 2027 (USD Billion)
Table 48 China Low Code Application Development Platform market, by deployment, 2016 - 2027 (USD Billion)
Table 49 China Low Code Application Development Platform market, by organization, 2016 - 2027 (USD Billion)
Table 50 India Low Code Application Development Platform market, by component, 2016 - 2027 (USD Billion)
Table 51 India Low Code Application Development Platform market, by application, 2016 - 2027 (USD Billion)
Table 52 India Low Code Application Development Platform market, by deployment, 2016 - 2027 (USD Billion)
Table 53 India Low Code Application Development Platform market, by organization, 2016 - 2027 (USD Billion)
Table 54 RoW Low Code Application Development Platform market, by component, 2016 - 2027 (USD Billion)
Table 55 RoW Low Code Application Development Platform market, by application, 2016 - 2027 (USD Billion)
Table 56 RoW Low Code Application Development Platform market, by deployment, 2016 - 2027 (USD Billion)
Table 57 RoW Low Code Application Development Platform market, by organization, 2016 - 2027 (USD Billion)

LIST OF FIGURES

Fig. 1 Low Code Application Development Platform market research methodology
Fig. 2 Low Code Application Development Platform market data triangulation technique
Fig. 3 Low Code Application Development Platform market primary research scope
Fig. 4 Low Code Application Development Platform market segmentation
Fig. 5 Low Code Application Development Platform market: Market snapshot, 2019
Fig. 6 Low Code Application Development Platform market: Value chain analysis
Fig. 7 Low Code Application Development Platform market: Penetration and growth prospect mapping
Fig. 8 Low Code Application Development Platform market: Key company analysis, 2019
Fig. 9 Low Code Application Development Platform market: PEST analysis
Fig. 10 Low Code Application Development Platform market: Porter's five forces analysis
Fig. 11 Low Code Application Development Platform market: Component segment analysis, 2016 - 2027 (USD Billion)
Fig. 12 Low Code Application Development Platform market: Application segment analysis, 2016 - 2027 (USD Billion)
Fig. 13 Low Code Application Development Platform market: Deployment segment analysis, 2016 - 2027 (USD Billion)
Fig. 14 Low Code Application Development Platform market: Organization segment analysis, 2016 - 2027 (USD Billion)
Fig. 15 Low Code Application Development Platform market: Regional segment analysis, 2016 - 2027 (USD Billion)
Fig. 16 Low Code Application Development Platform market: North America regional analysis, 2016 - 2027 (USD Billion)
Fig. 17 Low Code Application Development Platform market: Europe regional analysis, 2016 - 2027 (USD Billion)
Fig. 18 Low Code Application Development Platform market: Asia Pacific regional analysis, 2016 - 2027 (USD Billion)
Fig. 19 Low Code Application Development Platform market: RoW regional analysis, 2016 - 2027 (USD Billion)


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