Worldwide Low-Code Development Platform Market to 2026 - Key Drivers and Restraints
DUBLIN, June 17, 2020 /PRNewswire/ -- The "Global Low-Code Development Platform Market Analysis 2020" report has been added to ResearchAndMarkets.com's offering.
The Global Low-Code Development Platform market is expected to reach $53.07 billion by 2026 growing at a CAGR of 26.1% from 2018 to 2026.
Low-code development platform is a visual integrated development environment which helps in creating the web or mobile applications. The platforms mainly concentrated on creation and development of business processes, a user interfaces such as web applications and database platforms. It offers low or no coding techniques, which eventually reduces the time and cost for the development of the platform, which, in turn, are advantageous to the business processes.
Factors such as increasing need for rapid customization and scalability, and elimination of gaps in the required IT skills are driving the market growth. Though, dependency on vendor supplied customization is restraining the market growth. Moreover, growing digital transformation in the IT industry, and rising demand for robust solutions are the opportunities for the Low-Code Development Platform market.
Based on organization size, the small and medium enterprises segment is going to have a lucrative growth during the forecast period, due to the inclination towards cloud-based low-code development platforms in minimizing resources and cost barrier for application development.
The key vendors mentioned are AgilePoint, Appian, Fujitsu RunMyProcess, LANSA, Magic Software Enterprises, Microsoft, Netcall, Oracle, OutSystems, Pegasystems, Quick Base, Salesforce, WaveMaker, and Zoho.
Key Questions Anwered in this Report:
- How this market evolved since the year 2016
- Market size estimations, forecasts and CAGR for all the segments presented in the scope
- Key Market Developments and financials of the key players
- Opportunity Analysis for the new entrants
- SWOT Analysis of the key players
- Fastest growing markets analysed during the forecast period
Key Topics Covered:
1 Market Synopsis
2 Research Outline 2.1 Research Snapshot 2.2 Research Methodology 2.3 Research Sources 2.3.1 Primary Research Sources 2.3.2 Secondary Research Sources
3 Market Dynamics 3.1 Drivers 3.2 Restraints
4 Market Environment 4.1 Bargaining power of suppliers 4.2 Bargaining power of buyers 4.3 Threat of substitutes 4.4 Threat of new entrants 4.5 Competitive rivalry
5 Global Low-Code Development Platform Market, By Component 5.1 Introduction 5.2 Platform 5.3 Services
6 Global Low-Code Development Platform Market, By Organization Size 6.1 Introduction 6.2 Large Enterprises 6.3 Small and Medium-Sized Enterprises (SMEs)
7 Global Low-Code Development Platform Market, By Type 7.1 Introduction 7.2 Database App Platform 7.3 General Purpose Platform 7.4 Process App Platform 7.5 Request Handling Platform
8 Global Low-Code Development Platform Market, By Deployment 8.1 Introduction 8.2 On-Cloud 8.3 On-Premises
9 Global Low-Code Development Platform Market, By Application 9.1 Introduction 9.2 Desktop and Server-Based 9.3 Mobile-Based 9.4 Web-Based
10 Global Low-Code Development Platform Market, By End User 10.1 Introduction 10.2 Banking, Financial Services, and Insurance (BFSI) 10.3 Construction 10.4 Education 10.5 Energy and Utilities 10.6 Government and Defense 10.7 Healthcare 10.8 IT & Telecommunication 10.9 Manufacturing 10.10 Media and Entertainment 10.11 Retail and eCommerce 10.12 Transportation and Logistics
11 Global Low-Code Development Platform Market, By Geography 11.1 Introduction 11.2 North America 11.3 Europe 11.4 Asia Pacific 11.5 South America 11.6 Middle East & Africa
12 Strategic Benchmarking
13 Vendors Landscape 13.1 AgilePoint 13.2 Appian 13.3 Fujitsu RunMyProcess 13.4 LANSA 13.5 Magic Software Enterprises 13.6 Microsoft 13.7 Netcall 13.8 Oracle 13.9 OutSystems 13.10 Pegasystems 13.11 Quick Base 13.12 Salesforce 13.13 WaveMaker 13.14 Zoho
For more information about this report visit https://www.researchandmarkets.com/r/ynkjey
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SOURCE Research and Markets
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