How Big is the No-Code Market?
As businesses are increasingly turning to digital solutions to save time and money, the no-code market is growing at an impressive rate. This market is driven by the development of platforms and tools which allow non-technical users to build and deploy applications without writing code. But how big is this market?
No-code development is growing rapidly, as it is becoming increasingly accessible to businesses of all sizes. According to research from Markets and Markets, the global no-code market is expected to reach over $13 billion by 2025, with a compound annual growth rate of 32.1% from 2020 to 2025.
The rise of low-code platforms such as Appian, Salesforce, Microsoft Flow, and Zapier has been driving the growth of the no-code market. These platforms provide users with drag-and-drop tools to create custom applications without needing to write code. This makes it easier for businesses to quickly build and deploy applications, allowing them to stay competitive in the digital landscape.
In addition to no-code platforms, there are also a range of tools that enable businesses to build applications without writing code. These tools include website builders, such as Wix and Squarespace, and AI-powered tools such as Google’s Deep Learning AI. These tools are becoming increasingly popular, as businesses can quickly and easily build applications without the need for technical expertise.
The no-code market is not limited to just applications. There are a range of no-code solutions available for businesses of all sizes, from e-commerce websites to customer relationship management (CRM) systems. These solutions provide businesses with the ability to quickly build and deploy custom solutions without needing to write code.
No-code solutions are becoming increasingly popular with small businesses, as they are more cost-effective and easier to use than traditional development tools. According to research from the Small Business Administration, small businesses are increasingly turning to no-code solutions to build applications and websites. This trend is expected to continue as more businesses look to these solutions to save time and money.
The no-code market is growing at an impressive rate and is expected to reach over $13 billion by 2025. This growth is being driven by the increasing accessibility of no-code platforms, as well as the range of no-code solutions available for businesses of all sizes. As businesses continue to look for cost-effective and easy-to-use solutions, the no-code market is set to continue to grow.