Global Low Code Development Platform Market
Global Low Code Development Platform Market, By Component (Solution and Services (Professional and Managed)), By Application Type (Web Based and Mobile (IOS, Android, and Windows)), By Deployment Model (Cloud, and On- Premises), By Organization Size (Small and Medium, and Large Enterprises), By Vertical (Banking, Financial Services, and Insurance, Government, Healthcare and Life Sciences, Education, Media and Entertainment, Retail and Ecommerce, Manufacturing, Telecom and IT, Energy and Utilities, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029
Global Low Code Development Platform Market, By Component (Solution and Services (Professional and Managed)), By Application Type (Web Based and Mobile (IOS, Android, and Windows)), By Deployment Model (Cloud, and On- Premises), By Organization Size (Small and Medium, and Large Enterprises), By Vertical (Banking, Financial Services, and Insurance, Government, Healthcare and Life Sciences, Education, Media and Entertainment, Retail and Ecommerce, Manufacturing, Telecom and IT, Energy and Utilities, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029
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Executive Summary (2/3)<br />
Description<br />
The global low-code development platform market size is<br />
projected to grow from USD 13.2 billion in 2020 to USD<br />
45.5 billion by 2025, at a Compound Annual Growth Rate<br />
(CAGR) of 28.1% during the forecast period. The increasing<br />
need of digitalization and maturity of agile DevOps<br />
practices are expected to enhance the use of low-code<br />
development platform market across the globe.<br />
Figure 2.1: <strong>Global</strong> <strong>Low</strong> <strong>Code</strong> <strong>Development</strong> <strong>Platform</strong> <strong>Market</strong> Value<br />
Share (%), By Component – 2019 (E)<br />
XX.X%<br />
XX.X%<br />
Solution<br />
Services<br />
Analysis<br />
By product type, the ABC segment is accounted for major<br />
value share XX.X% in 2019. The XYZ segment is accounted<br />
for the second highest value share XX.X% in 2019 in the<br />
target market.<br />
Source: Prophecy <strong>Market</strong> Insights<br />
Copyright © PROPHECY MARKET INSIGHTS 2021, All Rights Reserved<br />
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