Market Overview:
The global enterprise low-code application platforms market is expected to grow from USD 2.02 billion in 2018 to USD 10.01 billion by 2030, at a CAGR of 24.8% during the forecast period. The growth of this market can be attributed to the increasing demand for low-code application platforms across various industries, such as healthcare, retail, and banking & financial services. Based on type, the global enterprise low-code application platforms market is segmented into cloud-based and on-premises segments. The cloud-based segment is expected to grow at a higher CAGR than the on-premises segment during the forecast period. This growth can be attributed to the growing trend of cloud adoption among enterprises and rising demand for faster deployment of applications without any infrastructure investments or maintenance costs. Based on application, the global enterprise low code platform market is divided into large enterprises (1000+ users), medium sized enterprises (499–1000 users),.
Product Definition:
An enterprise low-code application platform is a software development platform that enables business users and developers to create custom applications without requiring coding skills. Low-code platforms allow for the rapid creation of applications by using a visual interface to drag and drop components, rather than writing code. Low-code platforms can be used to build custom applications for specific business needs or to extend the functionality of existing applications.
The importance of enterprise low-code application platforms lies in their ability to enable non-developers to quickly create custom applications that meet specific business needs. By removing the need for coding skills, low-code platforms allow businesses to quickly develop and deploy custom applications without having to rely on outside developers. This can save time and money while also allowing businesses greater control over the development process.
Cloud-Based:
Cloud-based software is a type of software that provides services to clients through the internet. The service includes maintenance, data storage, and retrieval of data from remote servers. It also helps organizations in reducing their IT costs by eliminating hardware costs and providing easy access to employees with limited or no training on new systems. Cloud-based applications are gaining popularity among small businesses as they have low investment cost compared to traditional on-premise applications.
On-Premises:
On-premises is a term used for applications and software that are installed and run from the customer's own computer or server. The software is installed on the end user’s system, which can be a laptop, desktop PC or servers. On-premises solutions offer high data security as there is no internet connection required for these solutions to work hence it provides high data security than other low code application platforms.
Application Insights:
The large enterprises segment dominated the global enterprise low-code application platforms market in 2017. This is attributed to the high adoption of these products by large organizations for various requirements such as development, testing and deployment of mobile applications, web applications and native apps across all major operating systems. The small enterprises segment are expected to witness lucrative growth over the forecast period owing to increasing demand from emerging digital businesses for developing their internal software applications rapidly with a low learning curve.
The need for developing efficient software application development processes that enable fast time-to-market has become critical in order to remain competitive in an increasingly demanding digital economy. Low code platform solutions provide developers with a drag & drop visual designer which significantly reduces coding efforts required by developers while building robust user interfaces (UI) designs which can be later deployed on multiple devices including smartphones, tablets and laptops within minutes without any additional technical expertise or knowledge about underlying codebase or technology used by developer teams within organizations adopting these solutions.
Regional Analysis:
The North American region accounted for the largest revenue share in 2017. The growth can be attributed to the presence of a large number of small, medium, and large enterprises in this region. Additionally, companies such as Oracle Corporation; Microsoft Corporation; IBM Corporation; Hewlett Packard Enterprise Development LP.; Salesforce.com Inc.; and Google Inc., are based in this region making it an important regional segment for ELLAPPs market growth.
The Asia Pacific is expected to emerge as the fastest-growing regional segment over the forecast period owing to increasing adoption by SMEs and mid-sized enterprises due to their flexible deployment model that allows them flexibility with resources at hand while maintaining high levels of security across all applications hosted on ELLAPPs platform. Furthermore, vendors such as HCL Technologies Ltd., Infosys Limited (parent company : Infosys BPO), Wipro Ltd.
Growth Factors:
- Increased demand for faster application development and deployment: The increased demand for faster application development and deployment is one of the primary growth drivers for the enterprise low-code application platforms market. Low-code platforms enable businesses to develop and deploy applications at a much faster pace as compared to traditional software development methods. This is because low-code platforms allow business users, who are not necessarily experts in coding, to create applications by using visual tools and prebuilt components.
- Growing popularity of cloud-based solutions: The growing popularity of cloud-based solutions is another key growth driver for the enterprise low-code application platforms market. Cloud computing allows businesses to access IT resources (such as software, storage, and computing power) on an as-needed basis from a remote location. This eliminates the need for businesses to invest in hardware or software licenses, which can be expensive upfront costs. Additionally, cloud computing enables businesses to scale their IT resources up or down depending on their needs, making it an attractive option for small and medium enterprises (SMEs).
- Increasing adoption of mobile devices: The increasing adoption of mobile devices is another major growth driver for the enterprise low-code application platforms market . With more people using smartphones and tablets than ever before, there is a greater demand for mobile applications that can help organizations improve their productivity and efficiency while on the go . Low - code platfo rms make it easy fo r busine sses t o de velop mob
Scope Of The Report
Report Attributes
Report Details
Report Title
Enterprise Low-Code Application Platforms Market Research Report
By Type
Cloud-Based, On-Premises
By Application
Large Enterprises(1000+ Users), Medium-Sized Enterprise(499-1000 Users), Small Enterprises(1-499 Users)
By Companies
OutSystems, Appian, Oracle, Quick Base, Google, Salesforce, Zoho, Microsoft, ProntoForms, Zudy, Bubble, Caspio, ServiceNow, Kintone, Pegasystems, Cherwell, Neutrinos, Bizagi, AppSheet, Betty Blocks
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Enterprise Low-Code Application Platforms Market Report Segments:
The global Enterprise Low-Code Application Platforms market is segmented on the basis of:
Types
Cloud-Based, On-Premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises(1000+ Users), Medium-Sized Enterprise(499-1000 Users), Small Enterprises(1-499 Users)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- OutSystems
- Appian
- Oracle
- Quick Base
- Google
- Salesforce
- Zoho
- Microsoft
- ProntoForms
- Zudy
- Bubble
- Caspio
- ServiceNow
- Kintone
- Pegasystems
- Cherwell
- Neutrinos
- Bizagi
- AppSheet
- Betty Blocks
Highlights of The Enterprise Low-Code Application Platforms Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-Based
- On-Premises
- By Application:
- Large Enterprises(1000+ Users)
- Medium-Sized Enterprise(499-1000 Users)
- Small Enterprises(1-499 Users)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Enterprise Low-Code Application Platforms Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Enterprise Low-Code Application Platforms (ELAP) are a category of software development platforms that allow developers to create applications using a simplified, low-code development environment. ELAPs typically provide an integrated development environment (IDE), code generation tools, and other features that make it easier for developers to create applications quickly and efficiently.
Some of the major players in the enterprise low-code application platforms market are OutSystems, Appian, Oracle, Quick Base, Google, Salesforce, Zoho, Microsoft, ProntoForms, Zudy, Bubble, Caspio, ServiceNow, Kintone, Pegasystems, Cherwell, Neutrinos, Bizagi, AppSheet, Betty Blocks.
The enterprise low-code application platforms market is expected to register a CAGR of 24.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Enterprise Low-Code Application Platforms Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Enterprise Low-Code Application Platforms Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Enterprise Low-Code Application Platforms Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Enterprise Low-Code Application Platforms Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Enterprise Low-Code Application Platforms Market Size & Forecast, 2018-2028
4.5.1 Enterprise Low-Code Application Platforms Market Size and Y-o-Y Growth
4.5.2 Enterprise Low-Code Application Platforms Market Absolute $ Opportunity
Chapter 5 Global Enterprise Low-Code Application Platforms Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Enterprise Low-Code Application Platforms Market Size Forecast by Type
5.2.1 Cloud-Based
5.2.2 On-Premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Enterprise Low-Code Application Platforms Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Enterprise Low-Code Application Platforms Market Size Forecast by Applications
6.2.1 Large Enterprises(1000+ Users)
6.2.2 Medium-Sized Enterprise(499-1000 Users)
6.2.3 Small Enterprises(1-499 Users)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Enterprise Low-Code Application Platforms Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Enterprise Low-Code Application Platforms Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Enterprise Low-Code Application Platforms Analysis and Forecast
9.1 Introduction
9.2 North America Enterprise Low-Code Application Platforms Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Enterprise Low-Code Application Platforms Market Size Forecast by Type
9.6.1 Cloud-Based
9.6.2 On-Premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Enterprise Low-Code Application Platforms Market Size Forecast by Applications
9.10.1 Large Enterprises(1000+ Users)
9.10.2 Medium-Sized Enterprise(499-1000 Users)
9.10.3 Small Enterprises(1-499 Users)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Enterprise Low-Code Application Platforms Analysis and Forecast
10.1 Introduction
10.2 Europe Enterprise Low-Code Application Platforms Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Enterprise Low-Code Application Platforms Market Size Forecast by Type
10.6.1 Cloud-Based
10.6.2 On-Premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Enterprise Low-Code Application Platforms Market Size Forecast by Applications
10.10.1 Large Enterprises(1000+ Users)
10.10.2 Medium-Sized Enterprise(499-1000 Users)
10.10.3 Small Enterprises(1-499 Users)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Enterprise Low-Code Application Platforms Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Enterprise Low-Code Application Platforms Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Enterprise Low-Code Application Platforms Market Size Forecast by Type
11.6.1 Cloud-Based
11.6.2 On-Premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Enterprise Low-Code Application Platforms Market Size Forecast by Applications
11.10.1 Large Enterprises(1000+ Users)
11.10.2 Medium-Sized Enterprise(499-1000 Users)
11.10.3 Small Enterprises(1-499 Users)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Enterprise Low-Code Application Platforms Analysis and Forecast
12.1 Introduction
12.2 Latin America Enterprise Low-Code Application Platforms Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Enterprise Low-Code Application Platforms Market Size Forecast by Type
12.6.1 Cloud-Based
12.6.2 On-Premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Enterprise Low-Code Application Platforms Market Size Forecast by Applications
12.10.1 Large Enterprises(1000+ Users)
12.10.2 Medium-Sized Enterprise(499-1000 Users)
12.10.3 Small Enterprises(1-499 Users)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Enterprise Low-Code Application Platforms Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Enterprise Low-Code Application Platforms Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Enterprise Low-Code Application Platforms Market Size Forecast by Type
13.6.1 Cloud-Based
13.6.2 On-Premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Enterprise Low-Code Application Platforms Market Size Forecast by Applications
13.10.1 Large Enterprises(1000+ Users)
13.10.2 Medium-Sized Enterprise(499-1000 Users)
13.10.3 Small Enterprises(1-499 Users)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Enterprise Low-Code Application Platforms Market: Competitive Dashboard
14.2 Global Enterprise Low-Code Application Platforms Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OutSystems
14.3.2 Appian
14.3.3 Oracle
14.3.4 Quick Base
14.3.5 Google
14.3.6 Salesforce
14.3.7 Zoho
14.3.8 Microsoft
14.3.9 ProntoForms
14.3.10 Zudy
14.3.11 Bubble
14.3.12 Caspio
14.3.13 ServiceNow
14.3.14 Kintone
14.3.15 Pegasystems
14.3.16 Cherwell
14.3.17 Neutrinos
14.3.18 Bizagi
14.3.19 AppSheet
14.3.20 Betty Blocks
