Global Low-Code Development Platform Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Component;

Platform and Services.

By Type;

Web-Based and Mobile-Based.

By Deployment;

On-Premises and Cloud.

By Organization Size;

Small & Medium-Sized Enterprises (SMEs) and Large Enterprises.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn386107446 Published Date: May, 2025 Updated Date: June, 2025

Low-Code Development Platform Market Overview

Low-Code Development Platform Market (USD Million)

Low-Code Development Platform Market was valued at USD 35,426.15 million in the year 2024. The size of this market is expected to increase to USD 201,623.01 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 28.2%.


Global Low-Code Development Platform Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 28.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)28.2 %
Market Size (2024)USD 35,426.15 Million
Market Size (2031)USD 201,623.01 Million
Market ConcentrationLow
Report Pages363
35,426.15
2024
201,623.01
2031

Major Players

  • Salesforce
  • Microsoft
  • Appian
  • Oracle
  • Pegasystems
  • Magic Software Enterprises
  • Agilepoint
  • Outsystems
  • Mendix
  • Zoho
  • Quick Base
  • Lansa
  • Fujitsu Runmyprocess
  • Netcall
  • Wavemaker
  • K2
  • Trackvia
  • Thinkwise Software
  • Micropact (Part Of Tyler Technologies)
  • Mrc
  • Right-To-Win

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Low-Code Development Platform Market

Fragmented - Highly competitive market without dominant players


The Low-Code Development Platform Market is expanding swiftly, driven by the increasing demand for rapid and cost-effective application development. With digital transformation at the forefront, many companies are adopting these platforms to accelerate deployment cycles and reduce coding complexity. Around 65% of enterprises have embraced low-code tools to improve their operational efficiency and responsiveness.

Surge in Demand for Agile Solutions
Low-code solutions are favored for their ability to support agile development practices and process automation. Organizations are leveraging these platforms to create applications faster and with fewer resources. Reports show that 70% of newly developed applications now use low-code or no-code technologies, showcasing the shift toward more accessible and collaborative development environments.

Integration with Intelligent Technologies
Modern low-code platforms now support integration with AI, machine learning, and automation tools, enabling more intelligent, data-driven applications. A notable 55% of users utilize AI-powered features to enhance processes and user interfaces. These integrations are expanding the functional scope of low-code development and fostering smarter digital ecosystems.

Empowering Non-Technical Creators
Low-code platforms are also revolutionizing who can build applications, empowering non-developers or citizen developers. Organizations report that 50% of internal innovations now stem from citizen development programs. This democratization promotes agility, enables quicker iteration, and drives deeper business-user involvement in software creation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Type

    3. Market Snapshot, By Deployment

    4. Market Snapshot, By Organization Size
    5. Market Snapshot, By Region
  4. Low-Code Development Platform Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rapid Digital Transformation
        2. Growing IT Skills Gap
        3. Demand for Agile Development
        4. Cost and Time Efficiency
      2. Restraints
        1. Security Concerns
        2. Dependency on Vendor Support
        3. Complexity in Scaling
      3. Opportunities
        1. Emerging SME Adoption
        2. Industry-specific Solutions
        3. AI and Machine Learning Integration
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Low-Code Development Platform Market, By Component, 2021 - 2031 (USD Million)
      1. Platform
      2. Services
    2. Low-Code Development Platform Market, By Type, 2021 - 2031 (USD Million)
      1. Web-Based
      2. Mobile-Based
    3. Low-Code Development Platform Market, By Deployment, 2021 - 2031 (USD Million)

      1. On-Premises

      2. Cloud

    4. Low-Code Development Platform Market, By Organization Size, 2021 - 2031 (USD Million)
      1. Small & Medium-Sized Enterprises (SMEs)
      2. Large Enterprises
    5. Low-Code Development Platform Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Salesforce
      2. Microsoft
      3. Appian
      4. Oracle
      5. Pegasystems
      6. Magic Software Enterprises
      7. Agilepoint
      8. Outsystems
      9. Mendix
      10. Zoho
      11. Quick Base
      12. Lansa
      13. Fujitsu Runmyprocess
      14. Netcall
      15. Wavemaker
      16. K2
      17. Trackvia
      18. Thinkwise Software
      19. Micropact (Part Of Tyler Technologies)
      20. Mrc
      21. Right-To-Win
  7. Analyst Views
  8. Future Outlook of the Market