Schedule a Meeting
Get a SampleMay 2025
The Low-Code and No-Code Development Platforms Market is growing rapidly, driven by demand for faster app development, digital transformation, and ease of use. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
The rising need for faster development cycles in businesses is driving the global low-code and no-code development platforms market. The growing focus on reducing dependency on IT firms & professionals is fostering the adoption of low-code and no-code platforms, supporting market growth.
Artificial intelligence AI is redefining low-code and no-code development platforms by providing several advantages, such as automated development capabilities, predictive analytics, and intelligent assistance. AI is beneficial for low-code and no-code platforms as it helps to improve productivity, accuracy, and user experiences. The rising development of applications by non-technical developers is driving demand for AI integration. AI plays a crucial role in reducing or simplifying complex tasks. AI-integrated low-code and no-code development platforms, including Microsoft Power Platform, Appian Platform, Mendix Assist, Pega, DataRobot, and H2O.AI, are trending in the market.
Additionally, ongoing focus on the integration of Generative AI, Hybrid Models, and Community-Driven low-code and no-code development platforms holds significant potential for the future. The ongoing integration of solutions with DevOps environments is fostering the streamlined development and deployment of applications. As companies are rapidly integrating AI into their business, people are getting worried about the replacement of business solutions by AI. However, 84% of tech leaders have confirmed that their reliance on low-code and no-code solutions wouldn’t be replaced by AI. 76% of tech leaders expect to enhance the efficiency of existing tools through AI implementation. (Source: https://www.globenewswire.com)
The worldwide low-code and no-code platforms have been witnessing significant growth, driven by various factors, including digital transformation, shortage of skilled developers, and increased application development. The acceptance of low-code and no-code development platforms is rising among businesses as they want to reduce resources on IT teams. These platforms help application developers with rapid productivity, affordability, and enhancing user and customer experiences. Rapid digital transformation is opening up new avenues for the adoption of these platforms.
According to a report published in June 2025, the adoption of low-code or no-code solutions has increased among businesses over the last few years. Currently, about 84% of businesses are leveraging these solutions to fill the technical gap left by the shortage of developers. Moreover, 70% of new businesses is expected to adopt low-code or no-code solutions by 2025. (Source: https://kissflow.com)
| Report Coverage | Details |
| Dominating Region | North America |
| Fastest Growing Region | Europe |
| Base Year | 2024 |
| Forecast Period | 2025 to 2034 |
| Segments Covered | Platform Type, Deployment Mode, Component, Enterprise Size, Industry Vertical, User Type, and Region |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Digital Transformation
The rapid digital transformation in business practices to streamline operations and improve efficiency significantly drives the adoption of low-code and co-code development platforms. Businesses are focusing on enhancing agility and cost-effectiveness, making these platforms an ideal option. Lo-code and no-code platforms enable businesses to modernize legacy systems while improving consumer engagement. These platforms enable businesses to accelerate app development and respond quickly to client needs and changing market conditions. Digital transformation has led to increased demand for rapid application development across industries and individual users, fueling market growth.
Security Concerns
Security concerns are a major restraint for the low-code and no-code development platforms market. These platforms allow application developers to use their credentials, which can create a risk of unauthorized access. Vulnerability to cyber threats and lack of traditional security measures in these platforms raise security concerns. Application migration has a major risk of exposing critical and sensitive data to hackers, which can also lead to data breaches and insider threats. Therefore, these platforms need security aspects like data encryption, regular security audits, secure configuration, and access control to reduce the risk of unauthorized access and ensure security.
Opportunity
Increasing Adoption Among Non-IT Professionals
The adoption of low-code and no-code development platforms is increasing among non-IT professionals, leading to simplified development, faster time-to-market, and empowering citizen developers. Low-code and no-code development platforms enable non-technical employees to effortlessly create applications. The rising growth of citizen developers and the outnumbering of conventional developers support market growth. Businesses are focusing on reducing their dependency on IT professionals to build their own applications. These tools help to make creating easier for non-IT professionals without needing coding knowledge.
How did Low-Code Development Platforms Segment Dominate the Low-Code and No-Code Development Platforms Market in 2024?
The low-code development platforms segment dominated the market by holding the largest revenue share in 2024, driven by rapid adoption in various industries and digital transformation. Low-code development platform provides rapid development, improve agility, and reduce costs, driving their widespread adoption in businesses, including non-IT professionals. Low-code development platforms provide high flexibility and customization, making them ideal for both IT and non-IT developers. Additionally, ongoing focus on AI-enabled developments and industry-specific tools is bolstering segment growth.
The no-code development platforms segment is expected to grow at the highest CAGR in the coming years due to various factors, such as rapid application development, democratization of development, increased agility for businesses, and democratizing AI access. No-code development platform solutions mainly focus on AI-driven developments. The platform is being adopted across non-technical users, helping to reduce reliance on IT departments and enhancing productivity. The demand for faster developments and AI integration in various industries is fostering segment growth.
Which Component Segment Dominated the Low-Code and No-Code Development Platforms Market in 2024?
The platform/tools segment dominated the market in 2024 with the largest revenue share. This is mainly due to the increased need for streamlining development processes and rapid application development. Platform/tools, including low-code platforms and no-code platforms, offer rapid application development. Low-code platforms allow development with minimal coding, using pre-built templates and automation tools, whereas no-code platforms offer development without coding, using drag-and-drop tools, pre-configured modules, and visual interfaces. The growing demand for cloud-based platforms is fueling segment growth.
The services segment is expected to register the fastest CAGR during the forecast period. The segment includes professional services and managed services, which offer training, support, consulting, and implementation services. The increasing demand for specialized expertise and support contributes to segmental growth. As the acceptance of low-code and no-code platforms increases, so does the need for assistance, training, implementation, and managed services. Additionally, organizations are increasingly focusing on accommodating low-code solutions with the existing infrastructure and streamlining the development process, boosting the adoption of services.
What Made the Cloud-Based Deployment Segment Dominant in 2024?
The cloud-based deployment segment dominated the low-code and no-code development platforms market in 2024. This is mainly due to the increased need for flexible, cost-effective, and highly scalable solutions. The rapid digitalization and increased adoption of cloud-based solutions bolstered the segment's growth. Cloud-based development platforms help with rapid time-to-market conditions for novel products, driven by enabling faster application deployments and setups. These platforms enhance security and collaboration among stakeholders, teams, and developers to improve productivity.
The on-premises deployment segment is expected to expand at a significant CAGR during the projection period. On-premises deployments help to strengthen security and data privacy across organizations with robust security and regulatory requirements. On-premises deployments enable control over the integration of organizations with external functionalities. The ability of segments to provide customization as well as comply with regulatory requirements makes them ideal in various organizations. BFSI, government, and healthcare are the major industries with a large adoption of on-premises platforms.
Why did the Large Enterprises Segment Dominate the Low-Code and No-Code Development Platforms Market in 2024?
In 2024, the large enterprises segment dominated the market with the largest revenue share due to the increased adoption of low-code and no-code development platforms for complex project handling, data analytics, and management. Large enterprises require solutions for complexities like integrating legacy systems and cross-departmental workflow management. Low-code and no-code development platforms offer flexibility in large enterprises, help to scale up their applications and address changing business environments and requirements. Larger enterprises, retail, banking, and healthcare are fully adopting this platform solution to create custom applications, automate internal operations, and improve experiences.
The small & medium enterprises (SMEs) segment is likely to expand at the highest CAGR in the upcoming period. This is mainly due to a high focus of small & medium enterprises (SMEs) on cost-effective and rapid development of applications with minimal coding knowledge and expertise. Low-code and no-code development platforms offer enhanced efficiency, cost-effectiveness, and a competitive edge for small & medium enterprises (SMEs), driven by digital transformation. The platforms are enabling small & medium enterprises (SMEs) to bridge the skill gap among IT staff and non-developers.
Which Industry Dominated the Low-Code and No-Code Development Platforms Market in 2024?
The banking, financial services & insurance (BFSI) segment dominated the market in 2024. This is mainly due to the increased adoption of low-code and no-code development platforms in this industry for automating processes, faster development and deployment processes, and enhancing customer experiences. The rapid digitalization in the BFSI sector is driving a surge in the adoption of these platforms to streamline processes and accelerate digital transformation. The industry is seeking solutions to save resources on IT infrastructure, making these platforms an ideal fit. The rising need to enhance consumer experience further supports segmental growth.
The healthcare segment is expected to expand at a significant CAGR throughout the forecast period due to factors like rapid digital transformation, the need to increase patient engagement, and the need to comply with regulations. Healthcare is adopting low-code and no-code development platforms to accelerate digitalization, enhance the development of patient engagement applications, and provide secure, safe, and compliant solutions to patients. Low-code and no-code development platforms are primarily being used for telemedicine applications, patient portals, and the development of clinical decision support systems to enhance real-time guidance and suggestions for healthcare professionals.
Why does the Professional Developers Segment Hold the Largest Revenue Share of the Low-Code and No-Code Development Platforms Market in 2024?
The professional developers segment held the largest market share in 2024. This is mainly due to the increased adoption of low-code and no-code development platforms among professional developers to perform high-value tasks, create reusable components and complex application development. Professional developers integrate low-code and no-code platforms for the development of complex applications. The development of flexible and customized applications fosters the adoption of these platforms among professional developers. Additionally, digital transformation and the increased need for fast application development increasing the demand for low-code and no-code platforms among professional developers.
The business users/citizen developers segment is expected to grow at a remarkable CAGR over the projected period. The growth of the segment is attributed to the increasing demand for low-code and no-code development platforms for developing applications as per changing business needs. Low-code and no-code platforms allow the creation of applications, reducing time-to-market and enhancing productivity. Business users/citizen developers using low-code and no-code platforms to democratize technology. This platform enables cost-effective solutions for non-technical developers. The growing demand for reducing dependency on IT departments is fostering segment growth.
What Made North America the Dominant Region in the Low-Code and No-Code Development Platforms Market?
North America dominated the market by capturing a major share in 2024. This is mainly due to the presence of major tech players, advanced IT infrastructure, high adoption of novel technologies, and strong digital transformation initiatives. North America has a well-established IT infrastructure, which drives major adoption of low-code and no-code platforms. Additionally, the existence of numerous tech giants and startups boosts market competitiveness in the region.
The U.S. emerged as a major force in the low-code and no-code development platforms market within North America. The well-established industrial base of the country, with healthcare, finance, telecom, and retail, is increasingly adopting low-code and no-code platform solutions to reduce resources on IT teams, which is driving the growth of the market. The U.S. is at the forefront of technological innovations, leading to the rapid development of platforms with enhanced features. The increasing demand for rapid application development solutions, digital transformation initiatives, and an agility focus boosts market growth.
European Low-code and No-code Development Platforms Market Trends
Europe is a significantly growing region in the market, driven by the region’s digitalization initiatives and increased demand for rapid and efficient application development. Businesses of the region are rapidly adopting platform solutions to streamline processes, reduce costs, and enhance agility. Several government policies, compliance with data privacy regulations (like GDPR), and the shift to cloud-based technologies foster market growth. European surge in AI integration and automation, boosting innovation, development, and adoption of novel and innovative technologies, including low-code and no-code technologies.
Germany is leading the regional market due to the country's robust BFSI, education, and manufacturing sectors, driving the adoption of low-code and no-code development platforms. BFSI is a major sector embracing this technology for diverse applications in the country. Government initiatives like industry modernization and international trade partnerships are fueling potential opportunities for the low-code and no-code development platform in Germany.
Asia Pacific Low-Code and No-Code Development Platforms Market Trends
Asia Pacific is considered to be a notably growing area. Asia Pacific has been witnessing steady growth, driven by rapid digitization, rising adoption of mobile applications, and expanding the IT sector. The rise of large enterprises in Asia is boosting the adoption of low-code and co-code platforms for the development and deployment of applications. Countries like Japan, India, Australia, China, and South Korea are driving the regional market due to their rising focus on technological innovation, digital literacy, and growing IT infrastructure.
India is a significant player in the regional market. The country's market is growing due to factors like rapid industrialization, urbanization, economic growth, and digital transformations. Government initiatives and support for startup companies and investments in IT infrastructure developments are fostering the adoption of low-code and no-code development platforms. India has around 150 players, including most of the bootstrapped startups, adopting low-code and no-code development platforms.
By Platform Type
By Deployment Mode
By Component
By Enterprise Size
By Industry Vertical
By User Type
By Region
For inquiries regarding discounts, bulk purchases, or customization requests, please contact us at sales@precedenceresearch.com
No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client
May 2025
October 2024
May 2025
January 2025