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Industry Landscape
The low-code/no-code (LCNC) market is experiencing rapid growth as businesses seek to accelerate digital transformation and address the shortage of skilled developers. LCNC platforms enable both citizen and professional developers to quickly build and deploy applications with minimal coding, driving increased efficiency and innovation. The market is competitive, with numerous vendors offering a range of solutions for various use cases and industries. Key trends include AI-powered LCNC, cloud-native platforms, and the rise of composable applications.
Total Assets Under Management (AUM)
Market Size in United States
~14 billion USD
(25% CAGR)
• Accelerated digital transformation initiatives.
• Shortage of skilled developers driving adoption.
• Increasing demand for rapid application development.
Total Addressable Market
25 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-Powered LCNC
AI-powered LCNC platforms are automating various stages of application development, enabling citizen developers to build sophisticated apps with minimal coding and enhancing the capabilities of professional developers.
Cloud-Native Platforms
Cloud-native LCNC platforms provide scalability, flexibility, and cost-efficiency, allowing businesses to deploy applications across multiple environments and integrate with other cloud services seamlessly.
Composable Applications
Composable applications built using LCNC platforms enable businesses to assemble and reconfigure applications from pre-built components, accelerating development and facilitating customization to meet specific needs.
Impactful Policy Frameworks
General Data Protection Regulation (GDPR) (2018)
GDPR regulates the processing of personal data of individuals within the EU, imposing strict rules on data collection, storage, and usage.
Compliance with GDPR impacts data collection and processing within apps built on Alpha Software's platforms, requiring businesses to implement data protection measures.
California Consumer Privacy Act (CCPA) (2018)
The CCPA grants California residents certain rights over their personal information, including the right to know, the right to delete, and the right to opt-out of the sale of their personal information.
CCPA compliance requires Alpha Software's customers to provide transparency and control over personal information collected through their apps, affecting data collection practices.
Section 508 Amendment to the Rehabilitation Act (1998)
Section 508 requires federal agencies to make their electronic and information technology accessible to people with disabilities.
Section 508 compliance ensures accessibility for users with disabilities, which influences the design and development of apps built on Alpha Software's platforms to meet accessibility standards.
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