Global Low-Code Development Platform Market is Set to Reach USD 53.0 billion by 2024

The global low-code development platform market is expected to grow at a CAGR of 45.0% during the forecast period with its market size predicted to reach USD 53.0 billion by 2024.

On the basis of enterprise size, the global low-code development platform market is divided into large enterprises and small and medium enterprises.

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On the basis of vertical, the global low-code development platform market is divided into government, healthcare, education, media and entertainment, retail, energy and utilities, manufacturing, IT, BFSI, and others.

North America has accounted for the largest share in low-code development platform market, globally and is predicted to grow significantly during the forecast period.

Some of the key players operating in the global low-code development platform market are Oracle Corporation, Salesforce.com Inc, Alphabet Inc, Caspio Inc, Kony Inc, Appian Corporation, Mendix Technology B.V., Outsystems Inc, AgilePoint Inc., Microsoft Corporation, MatsSoft Limited, and ServiceNow Inc.

Source: VynZ Research