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The low-code/no-code (LCNC) market is experiencing rapid expansion, driven by the increasing demand for digital transformation and a shortage of skilled developers. LCNC platforms enable businesses to quickly build and deploy applications with minimal coding, accelerating development cycles and reducing costs. The market is competitive, with numerous vendors offering diverse solutions targeting various use cases, from simple mobile apps to complex enterprise applications. Cloud-based LCNC platforms are gaining traction due to their scalability and ease of deployment.
Total Assets Under Management (AUM)
Market Size in United States
~Market Size
(25% CAGR)
- Increased adoption across SMEs and large enterprises. - Growing demand for citizen development initiatives. - Technological advancements in AI-powered LCNC platforms.
25 billion USD
AI-powered LCNC platforms are becoming increasingly sophisticated, automating more of the development process and enabling citizen developers to build complex applications with minimal coding.
The increasing adoption of cloud-based LCNC platforms is providing greater scalability, flexibility, and cost-effectiveness for businesses, making app development more accessible.
The rise of microservices architectures and API-first approaches is enabling LCNC platforms to integrate more seamlessly with other systems, facilitating the creation of sophisticated and interconnected applications.
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