According to a new report published by Reports Monitor titled, “Global Low Code Development Platform Market, Growth Opportunities, Innovations, and Forecast, 2017-2025,” the Low Code Development Platform Market is projected to grow rapidly from 2017 to 2025.
A low code development platform (LCDPs) is a framework which allows the creation application software majorly by means of graphical user interface, rather than the traditional computer programing technology. It primarily reduces the amount of hand coding, thereby ensuring quality and accelerating the delivery of business applications. It not only focuses on the building phase rather, it provides an integrated environment which supports entire app delivery lifecycle such as design, build, deploy and manage.
Increased adoption of mobile and web applications primarily for the marketing results as major factor in raising the market growth. Low coding platform offers less coding techniques which eventually reduces the amount of time and development cost, thereby propelling the market growth. Moreover, growing demand for software automation and innovative applications results in generating more market opportunities.
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This report provides a detailed analysis of Low Code Development Platform market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and porter’s analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources and with bottom-up and top-down approaches.
The LCDPs market is majorly segmented on the basis of type, component, and deployment and applications. Based on the type, the market is further sub segmented into: database, process app, and general purpose platform, while on the basis of component market is segmented into mobile and web solutions and services. Depending upon the deployment options, market is bifurcated into: On-premise and cloud based solutions. Based on the applications, market is segmented into: BFSI, healthcare, transportation, IT and Telecommunication and others.
Based on the geographical areas covered, market is studied across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). Among the following regions covered, North America is projected to hold the major market share mainly due to the increasing internet users and development of mobile and web based solution for business growth. Asia Pacific is expected to emerge as a fastest growing region mainly due to the expansion in the IT and Telecom sector in the countries such as: China and India.
View Full Report Description with TOC- https://goo.gl/zMSkzW
The major key Players operating in the market are: Salesforce (U.S.), OutSystems(U.S.) and Mendix(U.S.), Google Inc., (U.S.), Caspio (U.S.), Appian (U.S.), Microsoft Corporation (U.S.), MatsSoft (U.K), K2(U.S.), Bizagi (U.K), AgilePoint (U.S.) Service now (U.S.), Kony Inc, (U.S), and TrackVia Inc. (U.S.).
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement, several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
Some Points from TOC:
1.1. Market Definition
1.2. Market Scope
2. Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. LOW CODE DEVELOPMENT PLATFORM- Value Chain Analysis
3.3. Key Market Trend Analysis
3.3.1. Market Drivers
3.3.2. Market Restraint/Challenges
3.3.3. Market Opportunities
3.4. Porter’s Five Forces Analysis
3.5. Potential Venture Avenues
3.6. Market Share Analysis, 2016
3.7. Market Overview – LOW CODE DEVELOPMENT PLATFORM, Product Landscape
4. Segmentation Overview
4.2. Market Size & Forecast, 2015 to 2025
4.2.1. By Type
22.214.171.124. Database Platform
126.96.36.199. Process App Platform
188.8.131.52. General Purpose Platform
4.2.2. By Component
184.108.40.206. Mobile Solution
220.127.116.11. Web Solution
4.2.3. By Deployment:
18.104.22.168. Cloud Based
4.2.4. By Applications:
22.214.171.124. IT and Telecom
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)
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