Global Low Code Development Platform Market

Global Low Code Development Platform 

Market: Industry, Size, Share, Growth, Trends and 

Forecast, 2019–2029 

January 2021 

Copyright © PROPHECY MARKET INSIGHTS 2021, All Rights Reserved

Report Snippet 

Chapter 1 : Table of Contents 

Chapter 2: Market Purview 

Chapter 3: Market Dynamics 

Chapter 4: Global Low Code Development Platform 

Market, By Component 


Market, By Deployment Model 


Market, By Application 


Market, By Organization Size 


Market, By Vertical 


Market, By Region 

Chapter 9: Competitive Analysis 

Chapter 10: Company Profiles 

Chapter 11: Research Methodology 

Copyright © PROPHECY MARKET INSIGHTS 2021, All Rights Reserved 2

Table of Contents 


Table of Content 

Sr. No. 

Content 

1.0 Chapter 1 

1.0.1 Preface 

1.0.2 Research Objective and Assumption 

1.0.3 Abbreviation 

2.0 Chapter 2 

2.0.1 Market Purview 

2.1 Report Description 

2.1.1 Market Definition and Scope 

2.2 Executive Summary 

2.2.1 Market Snippet, By Component 

2.2.2 Market Snippet, By Deployment Model 

2.2.3 Market Snippet, By Application 

2.2.4 Market Snippet, By Organization Size 

2.2.5 Market Snippet, By Vertical 

2.2.6 Market Snippet, By Region 

2.2.7 Opportunity Map Analysis 

Primary Source Secondary Source Prophecy Analysis 



Sr. No. 

Content 

3.0 Chapter 3 

3.1.1 Drivers (D) 

3.1.2 Restrains (R) 

3.1.3 Opportunities 

3.1.4 Trends 

3.1.5 DR Impact Analysis 

3.1.6 PEST Analysis 

3.1.7 Porter’s Five Forces Analysis 

3.1.8 Opportunity Orbit 

3.1.9 Market Investment Feasibility Index 

3.1.10 Macroeconomic Factor Analysis 

3.1.11 Key Highlights 

4.0 Chapter 4 

4.0.1 Global Low Code Development Platform Market Value (US$ Mn), By Component 

4.0.2 Segment Overview 

4.0.3 Market Value and Forecast (US$ Mn), and Share (%) Analysis, 2018 – 2029 




Sr. No. 

Content 

4.0.4 Y-o-Y Growth (%) Analysis, 2019 – 2029 

4.1 Solution 

4.1.1 Overview 

4.1.2 Market Value and Forecast (US$ Mn), and Y-o-Y Growth (%) Analysis, 2018 – 2029 

4.2 Services 



4.2.1 Professional 

4.2.1.1 Overview 

4.2.1.2 Market Value and Forecast (US$ Mn), and Y-o-Y Growth (%) Analysis, 2018 – 2029 

4.3 Managed 

4.3.1.1 Overview 

4.3.1.2 Market Value and Forecast (US$ Mn), and Y-o-Y Growth (%) Analysis, 2018 – 2029 

5.0 Chapter 5 

5.0.1 Global Low Code Development Platform Market Value (US$ Mn), By Deployment Model 





Sr. No. 

Content 



5.1 Cloud 



5.2 On-Premises 



6.0 Chapter 6 

6.0.1 Global Low Code Development Platform Market Value (US$ Mn), By Application 




6.1 Web-based 






Sr. No. 

Content 

6.2 Mobile-based 



6.3 Desktop & Server Based 



7.0 Chapter 7 

7.0.1 Global Low Code Development Platform Market Value (US$ Mn), By Organization Size 




7.1 Small & Medium Enterprises 



7.2 Large Enterprises 





Sr. No. 

Content 


8.0 Chapter 8 

8.0.1 Global Low Code Development Platform Market Value (US$ Mn), By Vertical 




8.1 Banking, Financial Services, and Insurance 



8.2 Government 



8.3 Healthcare and Life Sciences 



8.4 Education 




Sr. No. 

Content 



8.5 Media and Entertainment 



8.6 Retail and Ecommerce 



8.7 Manufacturing 



8.8 Telecom and IT 



8.9 Energy and Utilities 





Sr. No. 

Content 


8.10 Others 



9.0 Chapter 9 

9.0.1 Global Low Code Development Platform Market Value (US$ Mn), By Region 


9.0.3 Market Share (%) and BPS Analysis, By Region 

9.0.4 Market Value and Forecast (US$ Mn), 2018 – 2029 


9.1 North America 



9.1.3 North America Low Code Development Platform Market, By Component 

9.1.4 North America Low Code Development Platform Market, By Deployment Model 

9.1.5 North America Low Code Development Platform Market, By Application 




Sr. No. 

Content 

9.1.6 North America Low Code Development Platform Market, By Organization Size 

9.1.7 North America Low Code Development Platform Market, By Vertical 

9.1.8 North America Socks Market, By Country 

9.1.9 U.S. 

9.1.9.1 Market Value and Forecast (US$ Mn), 2018 – 2029 

9.1.10 Canada 


9.2 Europe 



9.2.3 Europe Low Code Development Platform Market, By Component 

9.2.4 Europe Low Code Development Platform Market, By Deployment Model 

9.2.5 Europe Low Code Development Platform Market, By Application 

9.2.6 Europe Low Code Development Platform Market, By Organization Size 

9.2.7 Europe Low Code Development Platform Market, By Vertical 

9.2.8 Europe Low Code Development Platform Market, By Country 




Sr. No. 

Content 

9.2.9 Germany 


9.2.10 UK 


9.2.11 France 


9.2.12 Russia 


9.2.13 Italy 


9.2.14 Rest of Europe 


9.3 Asia Pacific 



9.3.3 Asia Pacific Low Code Development Platform Market, By Component 




Sr. No. 

Content 

9.3.4 Asia Pacific Low Code Development Platform Market, By Deployment Model 

9.3.5 Asia Pacific Low Code Development Platform Market, By Application 

9.3.6 Asia Pacific Low Code Development Platform Market, By Application 

9.3.7 Asia Pacific Low Code Development Platform Market, By Vertical 

9.3.8 Asia Pacific Low Code Development Platform Market, By Country 

9.3.9 China 


9.3.10 India 


9.3.11 Japan 


9.3.12 South Korea 


9.3.13 Rest of Asia-Pacific 





Sr. No. 

Content 

9.4 Latin America 



9.4.3 Latin America Low Code Development Platform Market, By Component 

9.4.4 Latin America Low Code Development Platform Market, By Deployment Model 

9.4.5 Latin America Low Code Development Platform Market, By Application 



9.4.8 Latin America Low Code Development Platform Market, By Vertical 

9.4.9 Latin America Low Code Development Platform Market, By Country 

9.4.9 Brazil 


9.4.10 Mexico 


9.4.11 Rest of Latin America 





Sr. No. 

Content 

9.5 Middle East & Africa 



9.5.3 Middle East & Africa Low Code Development Platform Market, By Component 

9.5.4 Middle East & Africa Low Code Development Platform Market, By Deployment Model 

9.5.5 Middle East & Africa Low Code Development Platform Market, By Application 

9.5.6 Middle East & Africa Low Code Development Platform Market, By Application 

9.5.7 Middle East & Africa Low Code Development Platform Market, By Vertical 

9.5.8 Middle East & Africa Low Code Development Platform Market, By Country 

9.5.9 GCC 


9.5.10 Israel 


9.5.11 South Africa 


9.5.11 Rest of Middle East & Africa 



le of Content 

Sr. No. Content 


10.0 Chapter 10 

10.0.1 Competitive Landscape 

10.0.2 Competitive Overview 

10.0.3 Heat Map Analysis 

10.0.4 Market Presence and Specificity Analysis 


11.0.1 Company Profiles 

11.1 Salesforce 

11.1.1 Company Overview 

11.1.2 Product Portfolio 


11.1.4 Financial Overview 

11.2 Microsoft 






Sr. No. 

Content 



11.3 Appian 





11.4 Oracle 





11.5 Pegasystems 







Sr. No. 

Content 


11.6 Magic Software Enterprises 





11.7 AgilePoint 





11.8 OutSystems 








Sr. No. 

Content 

11.9 Zoho 





11.10 Quickbase 






12.0.1 Research Methodology 

12.0.2 About Us 

*The content/data is provided for illustration purpose only and is subject to change in the final version of the report 



Notes 

Points to Remember 

 

The segmentation provided on the segmentation page is the actual/proposed segmentation for the target market 

 

Content and statistical data /values offered in the sample is primarily to provide an understanding of what we offer in terms of style, content, and 

structure and may not necessarily to be related to actual for the requested market 

 

Market value/revenue for the target market will be provided in the final version of the report 

 

The company names mentioned are those that are to be actually profiled in the final report 

 

The trailing slides that contain dummy data/hidden content for the target market is provided to gain a better understanding of our competence, as well 

as a clearer view of how and what we offer in our report. 

 

The number of slides/pages provided for segment and region will be followed in a similar manner for remaining segments of the target market. 

 

The values provided in the table’s, graphs, and figure’s are for illustration purpose only. 

Source: Prophecy Market Insights 


About Us 

Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved 

22

About Us 

Who we are: 

Prophecy is a specialized market research, analytics, marketing 

and business strategy, and service offerings company that offer 

strategic and tactical support to clients for making well-informed 

business decisions and to identify and achieve high value 

opportunities in the target business area. Also, we help our client 

to address business challenges and provide best possible Service 

Offerings to overcome them and transform their business. 

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along with market forecast in various business areas such as 

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23

About Us 

More than 100+ Clients 

worldwide including various 

Fortune 500 Companies 

A rich repository of syndicated 

reports across 8 Industries 

Dedicated Analyst 

Working 

Pioneer in adopting best 

research practices to ensure 

deeper insights 

2+ years of industry 

experience in delivering 

valuable research Insights at 

Global, Regional and Country 

Level 

Top leadership having more 

than 

50 man years of experience 

across varied industries 



Research Methodology 

Identification 

of data 

Evaluation of 

Market 

Dynamics 

Collection 

of 

Data 

Collaboration 

of Data 

Verification 

and Analysis 

1. This step involves identification of several primary 

and secondary data research sources, including 

Prophecy internal data sources. 

The primary sources consist of in-depth discussions 

and interviews with policy makers, industry experts, 

and data evaluators, whereas secondary sources 

include a thorough study of market journals, press 

releases, annual reports, and Others and non Others 

agencies websites. 

This phase includes a detailed evaluation of several 

factors that are likely to affect the market dynamics. 

It involves a comprehensive assessment of major 

market pain points, drivers, and trends. 

2.This process consists 

of gathering data, 

accessing proprietary 

databases, and reaching 

out to key industry 

participants that 

operate in the market 

across the value chain. 

It also involves studying 

several patterns in 

the historical data and 

comparing it with the 

current scenario. 

3.This stage involves the 

validation of data and 

arrival at actual statistics, 

and evolution of the 

market over the years. It 

entails the study and 

analyzes various segments 

and Applications of the 

market. An impact analysis 

is also performed to 

observe which factors will 

affect the market in the 

next few years. 

4. This is the final stage, 

which involves both 

quantity and quality 

checks. Although the 

process of data 

verification is an integral 

part of the research 

process, all data points 

and statistics and figures 

are re-checked to uphold 

their authenticity and 

validity. 



Research Objective 

To analyze several micro-market 

indicators considering growth 

factors, market prospects, and 

strategic market contribution 

To predict the 

size of the 

market 

To offer wide ranging market 

statistics with a detailed 

classification along with the 

market size of each segment 

To outline and forecast the 

Governance, Risk Management and 

Compliance (GRC) market in globally 

based on segmentation and region 

To analyze key 

strengths, 

opportunities, 

and strategies of 

major 

companies 

To examine competitive scenarios 

such as collaborations, mergers and 

acquisitions, R&D activities, and 

advanced developments 

To study market 

opportunities for 

participants and 

stakeholders by 

identifying high 

growth sectors in 

the market 

To provide comprehensive 

information about factors that affect 

market dynamics 



Research Process 

PROJECT 

SCOPE 

REPORT 

DELIVERY 

POST-SALE 

SERVICE 

PROJECT 

KICKOFF 

REPORT 

SYNTHESIS 

PRELIMINARY 

RESEARCH 

MARKET 

ANALYSIS & 

SEGMENTATION 




Global Market Size 

Market/Revenue share of each key player in each 

Type segment 

Market/Revenue share split by each market segment 

such as By Platform Type Fracturing Fluids/Fracturing 

Fluids sector/end user 

Market/Revenue share of each key player in the 

global market 

Market/Revenue share split by each region and 

country in the global market 

Bottom-up Approach – 

Collection of market related data and information 

from primary and secondary sources, and data 

analysis. 

Primary Sources: 

• Demand Side Key Opinion Leaders 

• Supply Side Key Opinion Leaders 

Secondary Sources: 

• Annual Reports 

• Financial Reports and Presentations 

• Press Releases 

• Research Journals 

• Paid Data Sources 

Top-down Approach – 

Market size and analysis validation through primary 

and secondary research participants and key opinion 

leaders. 

Primary Sources: 

• Demand Side Key Opinion Leaders 

• Supply Side Key Opinion Leaders 

Secondary Sources: 

• Annual Reports 

• Financial Reports and Presentations 

• Press Releases 

• Research Journals 

• Paid Data Sources 




Definition and Scope – Prophecy Market Insights provide the market definition to 

understand the target Type/service and provide the market scope to understand 

the report coverage after thoroughly understanding of target market and market 

specific requirements. 

Primary Research – We formulates a detailed discussion guide to perform primary 

research. In primary research collection of data is performed through telephonic 

interview, E-mail questionnaire’s, and in-depth discussion with industry experts, 

manufacturers, suppliers, and distributors. The primary research participant 

includes but not limited to CEO’s, Managers, Directors, VP’s, Suppliers, CSO’s, and 

etc. 

Secondary Research – Our research analyst performs in-depth secondary research 

and extensive data mining to collect market related information through various 

authentic data sources such as Annual Reports, Trade Publications, Magazines, 

Research Publications, Company Press Release, and some paid data sources. 

In-house Data Analysis – After extensive data mining, we perform in-house market 

analysis by using various data tools, statistical methods, and data analysis tools to 

arrive on a conclusion and reduce the margin of error. We provide our overviews 

and market forecast for the target market after thoroughly understanding and 

analyzing of collected data, historic market trends, and research outputs. 


Report Delivery – Prophecy Market Insights provide report in required electronic 

format (preferably in PDF format), as PDF format is easy to read and present. 


Preface 


Scope & Coverage 

The report considers 2019 as the base year. All calculations involving quantitative data are 

based on 2019. The values represented in the report are actual values for 2019, whereas, 

the values are estimated for the period 2020−2029. 

2019 2020 2021-2029 

Base Year Estimated Year Forecast Years 



Chapter 01 

Preface 


Preface 

Market Definition and Scope 

‣ Global Low Code Development Platform Market is segmented on the basis of component, application type, deployment model, organization size, 

vertical and region. 

By Component: Solution, Services 

By Deployment Model: Cloud and On-Premises 

By Application: Web based, Mobile based and Desktop & Server based 

By Organization Size: Small & Medium and Large Enterprises 

By Vertical: Banking Financial Services & Insurance, Government, Healthcare & Life Science, Education, Media & Entertainment, Retail & 

Ecommerce, Manufacturing, Telecom & IT, Energy & Utilities, and Others 

By Region: North America, Europe, Asia Pacific, Latin America, and Middle East & Arica 

Scope of The Report: This report will help manufacturers, distributors, and retailers to realize and understand the market drivers, restraints, and 

opportunities to generate revenue, and trends that are instrumental in shaping the target market and its revenue etc. The report also serves to 

offer insights for investors to understand the specific industry, market, and make strategic decisions. In addition, it will serve to gain insights 

regarding the various players in the market, their financials, recent developments, and strategies adopted and employed in terms of expansion, 

mergers and acquisitions, collaborations, strategic agreements and contracts etc., as well as Product Type offerings. 

‣ Analytical framework involves pest analysis and porters of the target market 

‣ Sourcing of the data throughout the report includes : extensive primary and secondary research data analysis 



33

Research Objective and Assumption 


34

Research Objectives and Assumptions 

Research Objectives 

Assumptions 



Abbreviations 

Abbreviation and Full Form 

Abbreviation 

Full Socks Type 

Mn 

Million 

Bn 

Billion 

US$ 

US Dollar 

CAGR 

Compounded Annual Growth Rate 

Y-o-Y 

Year on Year 

APAC 

Asia Pacific 

MEA 

Middle East and Africa 



Chapter 02 

Market Purview 

Copyright © PROPHECY 2019, All Rights Reserved 

3 

7

Market Segmentation 

Global Low Code Development Platform Market 

By Component 

‣ Solution 

‣ Services 

‣ Professional 

‣ Managed 


By Deployment Model 

‣ Cloud 

‣ On-premises 

By Application 

‣ Web based 

‣ Mobile based 

‣ Desktop & 

Server Based 

By Organization Size 

‣ Small & Medium 

Enterprises 

‣ Large Enterprises 

By Vertical 

‣ Banking Financial 

Services & Insurance 

‣ Government 

‣ Healthcare & Life Science 

‣ Education 

‣ Media & Entertainment 

‣ Retail & Ecommerce 

‣ Manufacturing 

‣ Telecom & IT 

‣ Energy & Utilities 

‣ Others 

By Region 

‣ North America 

‣ Europe 

‣ Asia Pacific 

‣ Latin America 

‣ Middle East & 

Africa 


38

Report Description 

Report Description 



Executive Summary (1/3) 

Table 2.1: Global Low Code Development Platform Market Overview 

Parameters 2019 (E) 2029 (F) 

Global Low Code Development Platform Market Value (US$ Mn) XXX.X XXX.X 

Component Type Segment with Largest Value (US$ Mn) Solution: XXX.X Solution: XXX.X 

Component Type Segment with Highest CAGR (%)-2019-2029 

Solution: CAGR- XX.X 

Deployment Model Segment with Largest Value (US$ Mn) XXX.X XXX.X 

Deployment Model Segment with Highest CAGR (%)-2019-2029 

CAGR- XX.X 

Application Segment with Largest Value (US$ Mn) XXX.X Men: XXX.X 

Application Segment with Highest CAGR (%)-2019-2029 

CAGR- XX.X 

Organization Size Segment with Largest Value (US$ Mn) XXX.X XXX.X 

Organization Size Segment with Highest CAGR (%)-2019-2029 

CAGR- XX.X 

Region with Largest Value (US$ Mn) XXX.X XXX.X 

Region with Highest CAGR (%)-2019-2029 

Key Market Players: 

Asia Pacific : CAGR- XX.X 

Bizagi, Appian, K2 Solution Inc., Salesforce.com, Inc., Caspio, Inc., 

MatsSoft Inc., AgilePoint Inc., Mendix, ServiceNow and OutSystems 



40


Description 

The global low-code development platform market size 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. 

Figure 2.1: Global Low Code Development Platform Market Value 

Share (%), By Component – 2019 (E) 

XX.X% 

XX.X% 

Solution 

Services 

Analysis 

By product type, the ABC segment is accounted for major 

value share XX.X% in 2019. The XYZ segment is accounted 

for the second highest value share XX.X% in 2019 in the 

target market. 



41


Figure 2.2: 2.2: Global Global Low Low Code Code Development Development Platform Platform Market Vale Market Share 

(%), By 

Value Share (%), By Deployment Model– 2019 (E) 

Figure 2.3: Global Low Code Development Platform Market 

Value Share (%), By Application– 2019 (E) 

XX.X% 

Cloud 

On-Premises 

XX.X% 

Web Based 

Mobile Based 

Desktop & ServerBased 

Analysis and Outcomes 

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. For those who has relevant 

experience, this platform can ease out the daily work chores and can even help them create more custom web-based applications by 

integrating already existing digital ecosystems. 




Figure 2.2: 2.4: Global Global Low Low Code Code Development Development Platform Platform Market Vale Market Share 

(%), B 

Value Share (%), By Vertical – 2019 (E) 

Figure 2.5: Global Low Code Development Platform Market 

Value Share (%), By Region – 2019 (E) 

Banking, FinancialServices, & Insurance 

Government 

Heathcare & LifeScience 

Education 

Media & Entertainment 

Retail & Ecommerce 

Manufacturing 

Telecom & IT 

Energy & Utilites 

Others 

XX.X% 

North America 

Europe 

Asia Pacific 

Latin America 

Middle East & Africa 

Analysis and Outcomes 

The BFSI industry requires market services and platform on a large-scale due to the voluminous information produced across these 

organizations. Organizations have implemented low-code development platform and services to improve the automation in the 

customer service business functions, as customer service is the core factor responsible for customer acquisition and retention in the 

BFSI industry. This industry frequently keeps introducing new and improved financial products and services to enhance its business 

operations, which makes it attractive for the low-code development platform providers to offer advanced solutions to the industry. 



Likely 

Conservative 

Optimistic 

Opportunity Map Analysis 

Opportunity Map Analysis, By Market Value (US$ 

Mn) and CAGR (%) 

CAGR 

XX.X% 

Analysis and Outcome 

172 0.0 

XX.X% 

152 0.0 

XX.X% 

132 0.0 

112 0.0 

XXX.X 

XXX.X 

XXX.X 

920 .0 

720 .0 

520 .0 

320 .0 

120 .0 

Market Value (US$ Mn) - 2029 

Likely Conservative Optimistic 



Chapter 03 

Market Dynamics 


Drivers 

Increasing need for rapid customization and scalability 



Drivers 

Enterprise mobility enables users to develop a business application using the low-code development platform 



Drivers 

Elimination of gaps in the required IT skills 



Restraints 

Dependency on vendor supplied customization 



Opportunity 

Growing digital transformation in the IT industry 

Rising demand for robust solutions to maximize the visibility and control over processes 



Impact on Market Growth Rate 

Likely Growth 

Drivers and Restraints Impact Analysis 

Drivers 

Sample for Illustration Purpose 

D1 

D2 

D3 

Increasing need for rapid 

customization and scalability 

Enterprise mobility enables users to 

develop a business application 

using the low-code development 

platform 

Elimination of gaps in the 

required IT skills 

Low High 

Restraints 

R1 

Dependency on vendor supplied 

customization 

Low 

Impact on Market Value 

High 



PEST Analysis (1/4) 

Political Analysis 

POLITICAL 

ECONOMICAL 

SOCIAL 

TECHNOLOGICAL 




Economical Analysis 

POLITICAL 

ECONOMICAL 

SOCIAL 

TECHNOLOGICAL 




Social Analysis 

POLITICAL 

ECONOMICAL 

SOCIAL 

TECHNOLOGICAL 




Technological Analysis 

POLITICAL 

ECONOMICAL 

SOCIAL 

TECHNOLOGICAL 



PORTER’S Five Forces Analysis 

Threat of New Entrants- High 

Buyer Power-moderate 

Rivalry-High 

Supplier Power-Moderate Threat of Substitutes- 

Moderate 



Chapter 04 


Market, By Component 


Global Low Code Development Platform Market, By Component 

Table 4.1: Global Low Code Development Platform Market Value and Forecast (US$ Mn), By Component- 2018– 

2029 

Component 2018 A 2019 E 2020 F 2021 F 2022 F 2023 F 2024 F 2025 F 2026 F 2027 F 2028 F 2029 F 

CAGR 

(2018 

–29) 

Solution XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 

Services XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 

Professio 

nal 

XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 

Managed XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 

Total XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 



1,200.0 

1,000.0 

800.0 

600.0 

400.0 

200.0 

- 

4.7% 

4.6% 

4.5% 

4.4% 

4.3% 

4.2% 

4.1% 

4.0% 

3.9% 

3.8% 

3.7% 

3.6% 

3.5% 

3.4% 

3.3% 

3.2% 

3.1% 

3.0% 

2.9% 

2.8% 

2.7% 

2.6% 

2.5% 

2.4% 

2.3% 

2.2% 

2.1% 

2.0% 

1.9% 

1.8% 

1.7% 

1.6% 

1.5% 

1.4% 

1.3% 

1.2% 

1.1% 

1.0% 

0.9% 

0.8% 

0.7% 

0.6% 

0.5% 

0.4% 

0.3% 

0.2% 

0.1% 

0.0% 

Global Low Code Development Platform Market, By Component 

Figure 4.1 : Global Low Code Development Platform Market Value and 

Forecast (US$ Mn), and Y-o-Y Growth (%), By Component - 2018-2029 


• The global Low Code Development Platform market By 

product type segment was valued US$ XXX.X Mn in 2018 

and is expected to reach US$ XXX.X Mn in 2029, and register 

a CAGR of XX.X% over the forecast period 

• The first six year (2018-2023) cumulative value is projected 

to be US$ XXX.X Mn, as compared to relatively higher 

cumulative value of US$ XXX.X Mn for the last six year 

(2024-2029) of the forecast period 

• The xxx Low Code Development Platform segment 

accounted for value share XX.X in 2019 and is expected to 

increase to XX.X% in 2029 

2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 

Value 

Y-O-Y 

X.XX Projected growth between 2019 and 2029 



350.0 

300.0 

250.0 

200.0 

150.0 

100.0 

50.0 

- 

5.0% 

3.0% 

1.0% 

-1.0 % 

Solution 

Figure 4.2: Global Low Code Development Platform Market Value and 

Forecast (US$ Mn), and Y-o-Y Growth (%), By Solution- 2018-2029 


2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 

Value 

Y-O-Y 




350.0 

300.0 

250.0 

200.0 

150.0 

100.0 

50.0 

- 

5.0% 

3.0% 

1.0% 

-1.0 % 

Services 

Figure 4.3: Global Low Code Development Platform Market Value and 

Forecast (US$ Mn), and Y-o-Y Growth (%), By Services- 2018-2029 


2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 

Value 

Y-O-Y 




Chapter 08 


Market, By Region 


Region Overview 

Figure 8.1: Global Low Code Development Platform Market Value Share (%) By Region -2019 

XX.X% 

XX.X% 

X.X% 

XX.X% 

XX.X% 



Global Low Code Development Platform Market, By Region 

Table 8.1: Global Low Code Development Platform Market Value and Forecast (US$ Mn), By Region - 2018–2029 

Region 2018 A 2019 E 2020 F 2021 F 2022 F 2023 F 2024 F 2025 F 2026 F 2027 F 2028 F 2029 F 

CAGR 

(2018– 

29) 

North 

America 


Europe XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 

Asia Pacific XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 

Latin America XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 

MEA XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 




North America 

Market Share (%) - 2018 

XX.X% 

North America 

Rest of the 

World 



North America 

U.S. is expected to dominate with XX.X% of market share in the year XXXX 



300.0 

250.0 

200.0 

150.0 

100.0 

50.0 

- 

4.5% 

4.0% 

3.5% 

3.0% 

2.5% 

2.0% 

1.5% 

1.0% 

0.5% 

0.0% 

North America 

Figure 8.2: North America Market Value and Forecast (US$ Mn), 

and Y-o-Y Growth (%), 2018 – 2029 


• The North America was valued at US$ XXX.X Mn in 2018 

and is expected to reach US$ XXX.X Mn in 2029, and 

register a CAGR of XX.X% over the forecast period. 

• The first six year (2018-2023) cumulative value is projected 

to be US$ XXX.X Mn, as compared to relatively higher 

cumulative value of US$ XXX.X Mn for the last six year 

(2024-2029) of the forecast period 

• North America Low Code Development Platform market 

value Y-o-Y growth rate is expected to remain steady over 

the forecast period. 

• The U.S. accounted for value share XX.X% in 2019 and is 

expected to increase to XX.X % in 2029. 

2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 

Value 

Y-O-Y 




North America 

Table 8.2: North America Market Value and Forecast (US$ Mn), By Component, 2018 – 2029 

Component 2018 A 2019 E 2020 F 2021 F 2022 F 2023 F 2024 F 2025 F 2026 F 2027 F 2028 F 2029 F 

CAGR 

(2018 

–29) 

Solution XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 

Services XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 

Professio 

nal 


Managed XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 




North America 

Table 8.3: North America Market Value and Forecast (US$ Mn), By Deployment Model, 2018 – 2029 

Deployment 

Model 

2018 A 2019 E 2020 F 2021 F 2022 F 2023 F 2024 F 2025 F 2026 F 2027 F 2028 F 2029 F 

CAGR 

(2018– 

29) 

Cloud XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 

On-Premises XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 




North America 

Table 8.4 North America Market Value and Forecast (US$ Mn), By Application 2018 – 2029 

Application 2018 A 2019 E 2020 F 2021 F 2022 F 2023 F 2024 F 2025 F 2026 F 2027 F 2028 F 2029 F 

CAGR 

(2018– 

29) 

Web-based XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 

Mobile-based XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 

Desktop & 

Server Based 





North America 

Table 8.5 North America Market Value and Forecast (US$ Mn), By Organization Size, 2018 – 2029 

Organization 

Size 

2018 A 2019 E 2020 F 2021 F 2022 F 2023 F 2024 F 2025 F 2026 F 2027 F 2028 F 2029 F 

CAGR 

(2018– 

29) 

Small & 

Medium 


Large 

Enterprises 





North America 

Table 8.5: North America Market Value and Forecast (US$ Mn), By Vertical, 2018 – 2029 

Vertical 2018A 2019E 2020 F 2021 F 2022 F 2023 F 2024 F 2025 F 2026 F 2027 F 2028 F 2029 F 

CAGR 

(2018 

–29) 

Banking, Financial 

Services, & Insurance 


Government XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 

Healthcare & Life 

Science 


Education XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 

Media & 

Entertainment 

Retail & 

Ecommerce 



Manufacturing XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 

Telecom & IT XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 

Energy & Utilities XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 

Others XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 




North America 

Table 8.6: North America Market Value and Forecast (US$ Mn) By Country, 2018 – 2029 

By Country 2018 A 2019 E 2020 F 2021 F 2022 F 2023 F 2024 F 2025 F 2026 F 2027 F 2028 F 2029 F 

CAGR 

(2018– 

29) 

U.S. XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 

Canada XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XXX.X XX.X 


Figure 8.3: North America Market Value (US$ Mn) Overview, By Country 2018 and 2029 

XXX.X 

XX.X 

XX.X 

US 

Canada 



Chapter 09 

Competitive Analysis 


Competitive Overview 

Competitive Snippet By Key Players 

Key Players 

Established 

Employee 

Sample for Illustration Purpose 

Revenue 

(US$ Mn) 

Ticker 



Chapter 10 

Company Profiles 


Salesforce 

Company Overview 

Business Overview 

Established 1973 

Key Management 

Private/Public 

Headquarter 

Mark Belton (CEO) 

Private 

UK 

Headcount ~1,400 

Geographic Presence 

Total Value (US$ Mn) 236.6 

North America, Europe, Asia- 

Pacific, Latin America 

Product Portfolio 

Value Growth (%) Over 

Previous Year 

Key Business Segments 

Website 

13 

Automotive, Electronics & 

Telecoms, Domestic 

Appliances, and Sheet Metal 

www.trfastenings.com 

Source: Company Annual Reports and Website 


Salesforce 

Key Highlights 

2016 2017 2018 2019 



Salesforce 

Company Financial (US$ Mn) Overview, By Year 


12 

XX.X 

10 

XX.X 

8 

XX.X 

6 

XX.X 

4 

XX.X 

2 

0 

2014 2015 2016 2017 2018 



About Us 


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Y O U 

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Global Low Code Development Platform Market

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