Global Low-Code Development Platform Market: Industry Analysis and Forecast (2020-2027)

 Maximize Market Research's latest report, " Global Low-Code Development Platform Market Global Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.

Global Low-Code Development Platform Market was valued US$ 6.5 Bn in 2019 and is expected to reach US$ 80.30 Bn by 2027, at a CAGR of 43.21 % during a forecast period.

Global Low-Code Development Platform Market Overview

The Low-code development is an application development approach, which accelerates the development process by visual elements and eliminates the requirement for manual coding for faster delivery. A low code development platform offers extensive features for business organizations to stay ahead of the competition.The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

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Global Low-Code Development Platform Market Major Market Players

• Caspio
• K2
• MatsSoft
• Mendix
• OutSystems
• Appian
• Salesforce
• ServiceNow
• AgilePoint
• Bizagi
• Dwkit
• Visual LANSA
• KissFlow
• Microsoft
• Oracle
• Pegasystems
• Magic Software Enterprises
• Zoho
• Quick Base
• LANSA
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.

Segmentation of Global Low-Code Development Platform Market by Types and Applications:

Global Low-Code Development Platform Market, By Component

• Solution
• Services
Global Low-Code Development Platform Market, By Deployment Mode

• On-premises
• Cloud
Global Low-Code Development Platform Market, By Organization Size

• Small and Medium-sized Enterprises (SMEs)
• Large enterprises
Global Low-Code Development Platform Market, By Vertical

• Banking, Financial Services, and Insurance (BFSI)
• Telecom and IT
• Government
• Energy and utilities
• Manufacturing
• Healthcare and life sciences
• Retail and ecommerce
• Media and Entertainment
• Education
• Others (travel and tourism, and transportation and logistics)
Global Low-Code Development Platform Market, By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
The report has covered the market size by country (regions) for the global Low-Code Development Platform market. Segment by Application. The Low-Code Development Platform Market is divided into the North America Europe, ASIA Pacific, Middle East & Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.

Analysis of the Low-Code Development Platform Market Share and Competitive Landscape:

This report provides a detailed analysis of the Global Low-Code Development Platform Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.

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