ReleaseWire

Low-Code Development Platforms Software Market May Set Massive Growth by 2030

Low-Code Development Platforms Software Market - How Innovation Cycles Driving Valuation| Mendix, Salesforce, OutSystems

Posted: Wednesday, December 20, 2023 at 2:09 PM CST

NJ New Jersey, USA -- (SBWire) -- 12/20/2023 --The Latest research coverage on Low-Code Development Platforms Software Market provides a detailed overview and accurate market size. The study is designed considering current and historical trends, market development and business strategies taken up by leaders and new industry players entering the market. Furthermore, study includes an in-depth analysis of global and regional markets along with country level market size breakdown to identify potential gaps and opportunities to better investigate market status, development activity, value and growth patterns.

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Major & Emerging Players in Low-Code Development Platforms Software Market:-
Mendix (Siemens) (Germany), Salesforce (United States), OutSystems (United States), Appian (United States), ServiceNow (United States), Zoho Corporation (India), Pivotal Software, Inc. (VMware) (United States), WaveMaker (United States), LiveCode (United Kingdom), Pegasystems Inc. (United States), LANSA (United States), GeneXus (Uruguay)

The Low-Code Development Platforms Software Market Study by AMA Research gives an essential tool and source to Industry stakeholders to figure out the market and other fundamental technicalities, covering growth, opportunities, competitive scenarios, and key trends in the Low-Code Development Platforms Software market.

Low-code development platform provides GUI to develop software or applications with minimal coding. Increased adoption of automation and digital transformation of business has accelerated the demand for new applications and software that will boost the adoption of low-code development platforms. A Low-code development platform helps to improve business agility and increase the productivity for application development at a reduced cost. The increasing demand for API-based applications and software automation for business processes has led developers to deploy low-code development platform software to create custom applications.

In April 2021, Siemens signed an application to acquire TimeSeries to help customers speed digital transformation and expand the Xcelerator portfolio. TimeSeries is a leading independent software vendor and Mendix partner and has significant expertise in the development of vertical apps. With this acquisition, Siemens will offer a low-code platform and new apps including predictive maintenance, remote inspections, smart warehousing, energy management, and more.

The titled segments and sub-section of the market are illuminated below:
by Vertical (BFSI, Retail & E-commerce, Manufacturing, Healthcare, Transportation & Logistics, Government, Others), Enterprise Size (Small & Medium Enterprises, Large Enterprises), Operating System (Android, IOS, Windows, Linux, Others)

Market Trends:
API-based App Developments and Consumerized and Differentiated User Experience.

Opportunities:
Increasing Competition Between Companies Led Startups to Adopt Low-Code Development Platform.

Market Drivers:
Need to Develop New Software Applications Due to Growing Automation of Business Process.
Growing Popularity of Low-Code Development Platforms to Reduce Complexity and Improve Productivity of Application Development.

Challenges:
The platforms are More Constrained and Have Limited User Interface.

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Some Point of Table of Content:
Chapter One: Report Overview
Chapter Two: Global Market Growth Trends
Chapter Three: Value Chain of Low-Code Development Platforms Software Market
Chapter Four: Players Profiles
Chapter Five: Global Low-Code Development Platforms Software Market Analysis by Regions
Chapter Six: North America Low-Code Development Platforms Software Market Analysis by Countries
Chapter Seven: Europe Low-Code Development Platforms Software Market Analysis by Countries
Chapter Eight: Asia-Pacific Low-Code Development Platforms Software Market Analysis by Countries
Chapter Nine: Middle East and Africa Low-Code Development Platforms Software Market Analysis by Countries
Chapter Ten: South America Low-Code Development Platforms Software Market Analysis by Countries
Chapter Eleven: Global Low-Code Development Platforms Software Market Segment by Types
Chapter Twelve: Global Low-Code Development Platforms Software Market Segment by Applications

What are the market factors that are explained in the Low-Code Development Platforms Software Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Low-Code Development Platforms Software Market