4 Low Code/ No Code Statistics That You Cannot Miss in 2021
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By 2024, low-code application development is expected to account for over 65% of development activities, with the global market projected to grow to $187 billion by 2030 at a 31% CAGR. Additionally, 75% of large enterprises are anticipated to adopt at least four low-code tools for IT and citizen development by 2024, and nearly 60% of custom apps are now built outside the IT department, with 30% created by non-technical employees.
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4 Low Code/ No Code Statistics That You Cannot Miss in 2021
- 1. 4 Low Code/ No Code Statistics That You Cannot Miss in 2021
- 2. marutitech.com By 2024, low-code application development will be responsible for more than 65% of application development activity. (Gartner) LOW CODE MARKET FORECAST
- 3. marutitech.com The global low-code development platform market is predicted to generate a revenue of $187 billion by 2030, rising from $10 billion in 2019, and is expected to advance at a fast pace, 31% CAGR, during the forecast period. (GlobeNewswire) LOW CODE MARKET FORECAST
- 4. marutitech.com By 2024, 75% of large enterprises will be using at least four low-code development tools for both IT application development and citizen development initiatives. (Gartner) LOW CODE MARKET FORECAST
- 5. marutitech.com DID YOU KNOW? Nearly 60% of all custom apps are now built outside the IT department. Of those, 30% are created by employees with either limited or no technical development skills. (451 Research)
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