No-code and low-code platforms are rapidly transforming application development, expected to comprise 70% of new enterprise applications by 2025, up from less than 25% in 2020. These platforms enable non-technical users to create applications quickly and cost-effectively, offering benefits like speed, accessibility, flexibility, and enhanced innovation across various industries. As adoption grows, emerging trends include AI-driven development, enhanced security, and the rise of citizen developers, making these platforms crucial for businesses to stay competitive.