The global no-code development platforms market size was USD 12.17 Billion in 2020 and is expected to reach USD 68.05 Billion in 2028 and register a revenue CAGR of 24.2%, during the forecast period, according to latest analysis by Emergen Research. Some of the major factors driving global no-code development platforms market revenue growth are increasing need for faster application deployment and the rising need to improve productivity. Increasing demand for paperless management systems across various industries is also expected to boost revenue growth of the global market going ahead.
The latest research report is touted as the first document covering the current market situation that is substantially affected by the COVID-19 outbreak. The pandemic has brought about enormous changes in the global economic landscape, which, in turn, has disrupted the No-code Development Platforms industry’s functioning. However, this report entails the latest updates about the impact of COVID-19 on this ever-evolving business sector. Additionally, our team of analysts has estimated the aftermath of the outbreak and its future impact on the global economic landscape.
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Top Companies Operating in the No-code Development Platforms Market Market and Profiled in the Report are:
The report covers in-depth profiling of the prominent players of the industry and includes Zoho Corporation, Appy Pie Inc., AppSheet, Airtable Inc., Quickbase, Inc., Kintone Corporation, Bubble Group, Inc., Salesforce.com, Inc., Clapptron Technologies Private Limited, and Microsoft Corporation.
Emergen Research has segmented the global no-code development platforms on the basis of component, application, organization size, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
Platform
Services
Application Outlook (Revenue, USD Billion; 2018–2028)
Desktop Server-based
Mobile-based
Web-based
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
Large Enterprises
SMEs
End-Use Outlook (Revenue, USD Billion; 2018–2028)
Construction
Oil Gas
Manufacturing
BFSI
Retail E-commerce
Real Estate
Healthcare
Others
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The report offers a complete analysis of the global No-code Development Platforms Market market on a global and regional scale and offers a forecast for the market for 8 years. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.
Some Key Highlights from the Report
Platform segment revenue is expected to expand at a significantly robust CAGR during the forecast period owing to rising demand for no-code platforms among businesses to effectively deploy applications.
Web-based segment is expected to lead in terms of revenue share over the forecast period owing to rising demand for web-based apps, as web-based apps have the potential to offer several advantages to organizations.
North America is expected to account for a largest revenue share than other regional markets over the forecast period. Increasing demand for no-code development platforms among end-users in countries in the region to quickly deploy applications is expected to fuel North America market revenue growth going ahead.
The comprehensive report addresses the following questions:
Which region is expected to dominate the market over the coming years?
Which application or end-user segment is anticipated to show significant growth over the projected timeline?
What is the impact of the COVID-19 pandemic on the overall market growth?
What are the macro- and micro-economic factors influencing the growth of the market?
What are the recent RD and technological advancements in the No-code Development Platforms Market market?
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
In conclusion, the report provides a qualitative and quantitative analysis of the Global No-code Development Platforms market, including the global and regional analysis of the market. The study covers critical information and factual data about the No-code Development Platforms market industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the No-code Development Platforms market market is expected to fare in the forecast timeline. The report utilizes advanced analytical tools to offer an estimation of the outlook of the global state of the No-code Development Platforms market industry.
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