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Industry Landscape
The no-code/low-code industry is experiencing rapid growth, driven by the increasing demand for digital transformation, business agility, and empowering non-technical users to build applications and automate workflows. It's a highly competitive landscape with constant innovation in features and integrations. The market is maturing, with a focus on enterprise adoption and specialized solutions for various functions and industries.
Total Assets Under Management (AUM)
No-Code Platform Market Size in United States
~25.7 billion USD (2023)
(23.6% CAGR)
- Driving factors: digital transformation and demand for rapid application development.
- Adoption across SMEs and large enterprises seeking operational efficiency.
- Continued innovation in AI and advanced features expanding market opportunities.
Total Addressable Market
32.1 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Generative AI in No-Code
Integrating generative AI allows users to describe desired applications or workflows in natural language, and the no-code platform automatically generates them.
Hyperautomation
Combining AI, machine learning, and robotic process automation (RPA) within no-code platforms to automate virtually any repetitive task or process across an organization.
Composable Architectures
The ability to easily combine and recombine modular, interchangeable no-code components and services to build highly flexible and adaptable applications.
Impactful Policy Frameworks
California Consumer Privacy Act (CCPA) - 2018 (Amended 2020 by CPRA)
The CCPA grants California consumers new rights regarding their personal information, including the right to know what data is collected, to delete it, and to opt-out of its sale, significantly expanded by the California Privacy Rights Act (CPRA) in 2020.
Stackby must ensure robust data governance and user control features to comply with data access and deletion requests from California users.
New York SHIELD Act - 2019
The Stop Hacks and Improve Electronic Data Security (SHIELD) Act requires businesses that collect private information of New York residents to implement reasonable safeguards to protect that data and to provide notification in the event of a breach.
Stackby needs to maintain and transparently communicate strong data security measures, including encryption and breach notification protocols, for its New York-based users.
NIST Cybersecurity Framework (CSF) 2.0 - 2024
While not a regulation, NIST CSF 2.0 provides updated guidelines and best practices for organizations to manage and reduce cybersecurity risks, often serving as a de facto standard for compliance across various industries.
Stackby should align its internal security practices and platform architecture with NIST CSF 2.0 to assure enterprise clients of its commitment to cybersecurity and facilitate their own compliance efforts.
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