• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    Low Code Development Platform Market

    ID: MRFR/ICT/3912-CR
    167 Pages
    Aarti Dhapte
    February 2025

    Low Code Development Platform Market Research Report Information By Component (Solution and Service), Type (General Purpose Platform, Database App Platform, Process App Platform, Request Handling Platform and Others), Deployment (On Premise and On Cloud), Organization Size (Small and Medium Enterprise and Large Enterprise), Vertical (Retail and E-Commerce, Healthcare Media and Entertainment, BFSI, IT & Telecommunications, Government and Others), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South Ame...

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Low Code Development Platform Market Infographic
    Purchase Options

    Low Code Development Platform Market Summary

    As per MRFR analysis, the Low Code Development Platform Market Size was estimated at 18.19 USD Million in 2024. The Low Code Development Platform industry is projected to grow from 23.53 USD Million in 2025 to 308.82 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 29.36 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Low Code Development Platform Market is experiencing robust growth driven by diverse industry adoption and technological advancements.

    • The market witnesses increased adoption across various industries, particularly in North America, which remains the largest market.
    • User empowerment is a focal point, enabling non-technical users to contribute to application development, especially in the Asia-Pacific region.
    • Integration of advanced technologies, such as AI and machine learning, is becoming prevalent, enhancing platform capabilities.
    • The demand for rapid application development and cost efficiency are key drivers, particularly in the General Purpose Platform segment, which is the largest.

    Market Size & Forecast

    2024 Market Size 18.19 (USD Million)
    2035 Market Size 308.82 (USD Million)
    CAGR (2025 - 2035) 29.36%

    Major Players

    OutSystems (PT), Mendix (NL), Microsoft (US), Salesforce (US), Appian (US), Pega (US), Zoho (IN), Betty Blocks (NL), Quick Base (US)

    Low Code Development Platform Market Trends

    The Low Code Development Platform Market is currently experiencing a transformative phase, characterized by an increasing demand for rapid application development and deployment. Organizations across various sectors are recognizing the potential of low code solutions to streamline processes, enhance collaboration, and reduce the time-to-market for new applications. This trend appears to be driven by the need for agility in business operations, as companies seek to adapt to changing market conditions and customer expectations. Furthermore, the integration of artificial intelligence and machine learning capabilities into low code platforms is likely to enhance their functionality, enabling users to create more sophisticated applications with minimal coding expertise. In addition, the Low Code Development Platform Market seems to be witnessing a shift towards democratization of software development. This shift allows non-technical users to participate in the application development process, thereby fostering innovation and creativity within organizations. As a result, businesses are increasingly investing in training and resources to empower their employees to leverage these platforms effectively. The growing emphasis on digital transformation initiatives further supports this trend, as organizations strive to modernize their IT infrastructure and improve operational efficiency. Overall, the Low Code Development Platform Market is poised for continued growth, driven by technological advancements and evolving business needs.

    Increased Adoption Across Industries

    Various sectors are increasingly embracing low code platforms to enhance operational efficiency and accelerate application development. This trend indicates a broadening recognition of the value these solutions offer in addressing diverse business challenges.

    Focus on User Empowerment

    Organizations are prioritizing the empowerment of non-technical users to engage in application development. This focus suggests a shift towards a more inclusive approach, fostering innovation and creativity within teams.

    Integration of Advanced Technologies

    The incorporation of artificial intelligence and machine learning into low code platforms appears to enhance their capabilities. This integration may lead to the development of more sophisticated applications, further driving market growth.

    The increasing demand for rapid application development and the need for digital transformation across various sectors appear to be driving the adoption of low code development platforms, which may significantly reshape the software development landscape.

    U.S. Department of Commerce

    Low Code Development Platform Market Drivers

    Integration with Emerging Technologies

    The integration of emerging technologies is a notable driver in the Low Code Development Platform Market. As organizations seek to leverage advancements such as artificial intelligence, machine learning, and the Internet of Things, low code platforms are evolving to incorporate these technologies seamlessly. This integration allows businesses to create sophisticated applications that harness the power of data analytics and automation without requiring extensive coding knowledge. The ability to quickly implement these technologies into applications enhances their functionality and user experience. As a result, the demand for low code platforms that support such integrations is expected to grow, reflecting the industry's adaptability to technological advancements.

    Cost Efficiency and Resource Optimization

    Cost efficiency remains a pivotal driver in the Low Code Development Platform Market. Organizations are continually seeking ways to optimize their resources while minimizing operational costs. Low code platforms facilitate this by reducing the need for extensive coding expertise, thereby allowing non-technical users to participate in application development. This democratization of development not only lowers costs associated with hiring specialized developers but also accelerates project timelines. Recent analyses indicate that companies utilizing low code solutions can achieve up to 70 percent faster development cycles, translating into significant cost savings and improved resource allocation. Consequently, the financial advantages of adopting low code platforms are compelling for businesses aiming to enhance their operational efficiency.

    Growing Emphasis on Digital Transformation

    The ongoing emphasis on digital transformation significantly influences the Low Code Development Platform Market. Organizations across various sectors are prioritizing the integration of digital technologies to enhance their operational capabilities and customer engagement. Low code platforms play a crucial role in this transformation by enabling rapid development and deployment of applications that align with digital strategies. As businesses strive to innovate and adapt to the digital landscape, the demand for low code solutions is expected to rise. Market forecasts suggest that the adoption of low code platforms will continue to expand, driven by the need for agility and responsiveness in an increasingly digital world.

    Increased Demand for Rapid Application Development

    The Low Code Development Platform Market experiences heightened demand for rapid application development as organizations seek to accelerate their digital transformation initiatives. Businesses are increasingly recognizing the need to deliver applications swiftly to remain competitive. According to recent data, the market for low code development platforms is projected to grow at a compound annual growth rate of over 25 percent through the next few years. This growth is driven by the necessity for organizations to respond quickly to changing market conditions and customer needs. As a result, low code platforms are becoming essential tools for IT departments and business units alike, enabling them to collaborate effectively and produce applications that meet evolving demands.

    Enhanced Collaboration Between IT and Business Units

    Enhanced collaboration between IT and business units serves as a significant driver in the Low Code Development Platform Market. Traditionally, a disconnect often existed between these two entities, leading to delays and inefficiencies in application development. Low code platforms bridge this gap by allowing business users to contribute directly to the development process, fostering a more collaborative environment. This synergy not only accelerates the development cycle but also ensures that applications are better aligned with business needs. As organizations recognize the value of this collaboration, the adoption of low code solutions is likely to increase, further propelling the market forward.

    Market Segment Insights

    By Component: Solution (Largest) vs. Services (Fastest-Growing)

    In the Low Code Development Platform Market, the component segment is primarily divided into two main categories: Solutions and Services. Solutions hold the largest market share, as they encompass a wide range of functionalities that cater directly to businesses looking for efficient application development. Services, on the other hand, have been gaining attention and traction as companies increasingly seek out expert consulting and support services to navigate their specific low code requirements.

    Component: Solution (Dominant) vs. Services (Emerging)

    Solutions in the Low Code Development Platform Market are characterized by their comprehensive set of tools that empower teams to develop applications quickly and efficiently. They deliver a user-friendly interface and customizable features, making them appealing to both professional developers and business users. Conversely, Services are emerging as a key player in this segment, offering specialized support and integration that help organizations implement low code solutions effectively. As businesses prioritize agility and speed, the demand for associated services is accelerating, making it a vital area for growth.

    By Type: General Purpose Platform (Largest) vs. Database App Platform (Fastest-Growing)

    In the Low Code Development Platform Market, the General Purpose Platform leads in market share, offering broad functionalities suitable for various applications. This versatile solution caters to a wide user base, enabling rapid application development across multiple industries. In contrast, the Database App Platform has carved a significant niche for itself by providing specialized tools for database-driven applications, gaining traction among businesses focusing on data management and analytics.

    General Purpose Platform (Dominant) vs. Database App Platform (Emerging)

    The General Purpose Platform is characterized by its flexibility and user-friendliness, allowing developers to create diverse applications without extensive coding knowledge. This platform serves as the backbone for many organizations transitioning to digital solutions. Meanwhile, the emerging Database App Platform is tailored for users needing swift access to data management capabilities, with its ability to streamline database operations and analytics making it crucial for companies increasingly relying on data-driven decision-making. Together, these platforms illustrate a balance of broad functionality and specialized applications.

    By Deployment: Cloud (Largest) vs. On-Premise (Fastest-Growing)

    In the Low Code Development Platform Market, the deployment segment showcases a significant division between cloud-based and on-premise solutions. The cloud segment is the largest, owing to its flexibility and scalability, enabling organizations to rapidly adapt to changing market demands. In contrast, the on-premise deployment is witnessing a surge in interest, particularly among industries where data security and compliance are paramount, reflecting a more traditional approach to software deployment that still holds relevance in specific sectors.

    Deployment: Cloud (Dominant) vs. On-Premise (Emerging)

    The cloud deployment model is dominant in the Low Code Development Platform Market, providing organizations with a robust infrastructure that facilitates collaboration and faster time-to-market for application development. Its appeal lies in the ease of use, reduced upfront costs, and seamless integration capabilities with existing systems. On the other hand, the on-premise model is emerging as a strong contender, especially among enterprises with strict data governance needs. This hybrid approach empowers organizations to have more control over their software environment, fostering innovation while minimizing risks. Consequently, businesses are increasingly evaluating the dual deployment strategies to balance flexibility with security.

    By Organization Size: Small and Medium Enterprise (Largest) vs. Large Enterprise (Fastest-Growing)

    In the Low Code Development Platform Market, the share distribution among organization sizes is notably influenced by the presence of Small and Medium Enterprises (SMEs), which account for a significant portion of the user base. SMEs leverage low code solutions more aggressively due to their need for cost-effective and efficient development processes. On the other hand, Large Enterprises, although smaller in share, are rapidly adopting these platforms as they streamline complex workflows and enhance collaboration between departments.

    Organization Size: Small and Medium Enterprise (Dominant) vs. Large Enterprise (Emerging)

    Small and Medium Enterprises dominate the Low Code Development Platform Market as they are often more agile and quick to adopt innovative technologies. Their reliance on low code platforms allows them to minimize developmental resources and time, fostering faster project deployment and reduced time-to-market. In contrast, Large Enterprises are emerging as a significant segment, driven by the need to integrate complex processes and improve operational efficiency. While traditionally slower to adapt, these organizations are increasingly recognizing the strategic advantages offered by low code development, leading to robust adoption and growth within this space.

    By Vertical: Retail and E-Commerce (Largest) vs. Healthcare (Fastest-Growing)

    The Low Code Development Platform market is prominently led by the Retail and E-Commerce sector, which commands a significant share of the market. This sector has shown a substantial embrace of low code solutions to enhance customer engagement, streamline operations, and improve overall efficiency. Following closely is the Healthcare sector, which, while having a smaller market share compared to Retail, is rapidly adopting low code platforms to revolutionize patient care and streamline backend operations, making it a sector to watch in the coming years. Growth in the Low Code Development Platform market is being driven by increasing demand for agile application development across various industries. The Retail and E-Commerce sector is evolving to meet ever-changing consumer expectations while Healthcare is leveraging low code solutions to expedite digital transformation initiatives. Factors like the need for speedy deployment, reduced IT backlogs, and the rising trend of digital services are contributing to the robust growth seen in the Healthcare vertical, marking it as the fastest-growing segment of the market.

    Retail and E-Commerce: Dominant vs. Healthcare: Emerging

    The Retail and E-Commerce vertical holds a dominant position in the Low Code Development Platform market due to its critical need for rapid application development, enhanced customer interfaces, and seamless integrations. Organizations within this sector are leveraging low code platforms to develop tailored applications quickly, facilitating improved customer service and operational efficiencies. On the other hand, the Healthcare sector, while still emerging, is increasingly recognizing the potential of low code solutions to transform patient care delivery and optimize operational processes. With the ongoing shift towards telehealth and digital health solutions, the healthcare industry is expected to rapidly adopt low code platforms, allowing for innovations in electronic health records (EHRs) and patient engagement strategies, thereby positioning it as a key player in the growth of the Low Code Development Platform market.

    Get more detailed insights about Low Code Development Platform Market

    Regional Insights

    North America : Innovation and Market Leadership

    North America is the largest market for low code development platforms, holding approximately 45% of the global market share. The region's growth is driven by the increasing demand for rapid application development and digital transformation initiatives across various sectors. Regulatory support for technology adoption and innovation further catalyzes this growth, making it a hub for low code solutions. The United States leads the North American market, with significant contributions from Canada. Major players like Microsoft, Salesforce, and Appian are headquartered here, fostering a competitive landscape. The presence of established tech companies and startups alike enhances innovation, while partnerships and acquisitions are common strategies to expand capabilities and market reach.

    Europe : Emerging Market with Growth Potential

    Europe is witnessing a rapid increase in the adoption of low code development platforms, accounting for approximately 30% of the global market share. The region's growth is fueled by the need for agile development processes and the digitalization of businesses. Regulatory frameworks promoting innovation and technology integration are also significant drivers, particularly in the EU, where digital transformation is a key focus area. Leading countries in Europe include Germany, the UK, and France, which are home to several key players like Mendix and Betty Blocks. The competitive landscape is characterized by a mix of established firms and emerging startups, all vying for market share. The European market is also seeing increased collaboration between tech companies and government initiatives aimed at fostering innovation in software development.

    Asia-Pacific : Rapid Growth and Adoption

    Asia-Pacific is rapidly emerging as a significant player in the low code development platform market, holding around 20% of the global market share. The region's growth is driven by the increasing digitalization of businesses and the demand for faster application development. Government initiatives promoting technology adoption and innovation are also key factors contributing to this growth, particularly in countries like India and China. Leading countries in this region include India, China, and Australia, where companies like Zoho and OutSystems are making substantial impacts. The competitive landscape is diverse, with both local and international players competing for market share. The region is characterized by a growing number of startups and tech firms focusing on low code solutions, enhancing the overall market dynamics.

    Middle East and Africa : Emerging Market with Unique Challenges

    The Middle East and Africa (MEA) region is gradually adopting low code development platforms, currently holding about 5% of the global market share. The growth in this region is driven by increasing investments in technology and digital transformation initiatives across various sectors. However, challenges such as infrastructure limitations and varying regulatory environments can impact growth rates. Governments are increasingly recognizing the importance of technology in economic development, which is a positive sign for future growth. Countries like South Africa, UAE, and Kenya are leading the charge in low code adoption, with a mix of local and international players entering the market. The competitive landscape is evolving, with companies focusing on tailored solutions to meet regional needs. As the market matures, collaboration between tech firms and government bodies is expected to enhance the growth trajectory of low code platforms in the region.

    Key Players and Competitive Insights

    The Low Code Development Platform Market is currently characterized by a dynamic competitive landscape, driven by the increasing demand for rapid application development and digital transformation across various sectors. Key players such as Microsoft (US), OutSystems (PT), and Mendix (NL) are strategically positioned to leverage their technological capabilities and extensive customer bases. Microsoft (US) focuses on integrating its low-code solutions with existing cloud services, thereby enhancing user accessibility and operational efficiency. OutSystems (PT) emphasizes innovation through continuous updates and a strong emphasis on user experience, while Mendix (NL) is known for its collaborative development environment, which fosters partnerships with enterprises to accelerate digital initiatives. Collectively, these strategies contribute to a competitive environment that prioritizes agility and customer-centric solutions.

    In terms of business tactics, companies are increasingly localizing their operations and optimizing supply chains to enhance responsiveness to market demands. The Low Code Development Platform Market appears moderately fragmented, with a mix of established players and emerging startups. This structure allows for diverse offerings and competitive pricing, although the influence of major players like Salesforce (US) and Appian (US) remains substantial. Their ability to innovate and adapt to changing market conditions is likely to shape the competitive dynamics moving forward.

    In September 2025, Salesforce (US) announced a strategic partnership with a leading AI firm to enhance its low-code platform capabilities. This collaboration aims to integrate advanced AI features, enabling users to automate workflows and improve decision-making processes. The strategic importance of this move lies in Salesforce's commitment to staying at the forefront of technological advancements, thereby attracting a broader customer base seeking intelligent automation solutions.

    In August 2025, Appian (US) launched a new feature set designed to streamline enterprise application development. This initiative focuses on enhancing user experience through intuitive design and faster deployment times. The significance of this development is underscored by Appian's goal to empower businesses to respond swiftly to market changes, thereby reinforcing its competitive position in the low-code arena.

    In July 2025, OutSystems (PT) expanded its The Low Code Development Platform, specifically targeting India and Southeast Asia. This strategic expansion is indicative of OutSystems' ambition to tap into emerging markets with high growth potential. By localizing its offerings and adapting to regional needs, OutSystems aims to solidify its presence and drive adoption in these rapidly evolving markets.

    As of October 2025, the competitive trends within the Low Code Development Platform Market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are becoming pivotal, as companies seek to enhance their technological capabilities and market reach. Looking ahead, it is likely that competitive differentiation will evolve from traditional price-based strategies to a focus on innovation, technological advancement, and supply chain reliability. This shift suggests that companies that prioritize these elements will be better positioned to thrive in an increasingly complex and competitive landscape.

    Key Companies in the Low Code Development Platform Market market include

    Industry Developments

    • Q2 2024: Retool raises $45M Series C to expand its low-code platform for enterprise app development Retool, a leading low-code development platform, announced a $45 million Series C funding round to accelerate product innovation and expand its enterprise customer base.
    • Q2 2024: Appian launches Appian AI Copilot to accelerate low-code automation Appian introduced its new AI Copilot feature, enabling users to build and automate business processes faster within its low-code platform using generative AI.
    • Q2 2024: Microsoft announces new Power Platform features for low-code development at Build 2024 Microsoft unveiled major updates to its Power Platform, including enhanced AI integration and new developer tools, aiming to strengthen its position in the low-code market.
    • Q3 2024: Mendix partners with Siemens to launch industry-specific low-code solutions Mendix and Siemens announced a strategic partnership to deliver tailored low-code platforms for manufacturing and industrial automation sectors.
    • Q3 2024: OutSystems appoints new CEO to drive global expansion of its low-code platform OutSystems named a new chief executive officer, signaling a renewed focus on international growth and product innovation in the low-code development space.
    • Q3 2024: Salesforce launches Flow Orchestrator for advanced low-code automation Salesforce introduced Flow Orchestrator, a new low-code automation tool designed to help businesses streamline complex workflows across their operations.
    • Q4 2024: ServiceNow acquires Intellective to enhance low-code workflow capabilities ServiceNow completed the acquisition of Intellective, aiming to bolster its low-code platform with advanced workflow and integration features.
    • Q4 2024: Zoho Creator launches new AI-powered low-code features for SMBs Zoho announced the release of AI-driven enhancements to its Creator platform, targeting small and medium businesses seeking rapid application development.
    • Q1 2025: Oracle unveils Oracle APEX Cloud Service for enterprise low-code development Oracle launched its APEX Cloud Service, providing enterprises with a scalable low-code platform for building and deploying business applications.
    • Q1 2025: Pegasystems partners with AWS to deliver cloud-native low-code solutions Pegasystems announced a partnership with Amazon Web Services to offer cloud-native low-code development tools, enhancing scalability and integration for enterprise clients.
    • Q2 2025: Betty Blocks secures $30M funding to expand low-code platform in North America Dutch low-code provider Betty Blocks raised $30 million in new funding to accelerate its expansion into the North American market and invest in product development.
    • Q2 2025: Kissflow launches new low-code platform for enterprise process automation Kissflow released its latest low-code platform, designed to help enterprises automate and optimize business processes with minimal coding requirements.

    Future Outlook

    Low Code Development Platform Market Future Outlook

    The Low Code Development Platform Market is projected to grow at a 29.36% CAGR from 2024 to 2035, driven by increasing demand for rapid application development and digital transformation initiatives.

    New opportunities lie in:

    • Integration of AI-driven analytics for enhanced decision-making capabilities.
    • Development of industry-specific low code solutions to capture niche markets.
    • Expansion into emerging markets with localized low code platforms.

    By 2035, the market is expected to solidify its position as a leader in software development innovation.

    Market Segmentation

    Low Code Development Platform Market Type Outlook

    • General Purpose Platform
    • Database App Platform
    • Process App Platform
    • Request Handling Platform
    • Others

    Low Code Development Platform Market Vertical Outlook

    • Retail and E-Commerce
    • Healthcare
    • Media & Entertainment
    • BFSI
    • IT & Telecommunication
    • Government
    • Others

    Low Code Development Platform Market Component Outlook

    • Solution
    • Services

    Low Code Development Platform Market Deployment Outlook

    • On-Premise
    • Cloud

    Low Code Development Platform Market Organization Size Outlook

    • Small and Medium Enterprise
    • Large Enterprise

    Report Scope

    MARKET SIZE 202418.19(USD Million)
    MARKET SIZE 202523.53(USD Million)
    MARKET SIZE 2035308.82(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR)29.36% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Million
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesIntegration of artificial intelligence enhances user experience in the Low Code Development Platform Market.
    Key Market DynamicsRising demand for rapid application development drives competition among low code development platform providers.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

    Leave a Comment

    FAQs

    How much is the Low Code Development Platform market?

    USD 34,898.5 Million in 2024

    What is the growth rate of the low code Development Platform market?

    33.20%

    Which region held the largest market share in the Low Code Development Platform market?

    Asia Pacific

    Who are the prominent players in the Low Code Development Platform market?

    Microsoft, Salesforce.com Inc, Mendix Technology BV, Appian, OutSystem, Pegasystem Inc, ServiceNow, AgilepOint, Caspio Inc, Nintex UK ltd, Netcall, Zoho Corporation Pvt Ltd.

    Which Component led the Low Code Development Platform Market?

    The Solution Component dominated the market in 2024

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials

    Compare Licence

    ×
    Features License Type
    Single User Multiuser License Enterprise User
    Price $4,950 $5,950 $7,250
    Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
    Free Customization
    Direct Access to Analyst
    Deliverable Format
    Platform Access
    Discount on Next Purchase 10% 15% 15%
    Printable Versions