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The no-code/low-code industry is experiencing significant growth, driven by the increasing demand for rapid application development and digital transformation. Businesses are adopting these platforms to overcome developer shortages, accelerate time-to-market, and empower citizen developers. The market is characterized by intense competition and continuous innovation, with a shift towards platforms offering greater flexibility and control, bridging the gap between traditional coding and pure no-code solutions.
Total Assets Under Management (AUM)
Market Size in China
~3.51 Billion USD (2023)
(27.8% CAGR)
- Increased adoption by SMEs and large enterprises
- Focus on digital transformation initiatives
- Growing need for business process automation
14.2 Billion USD