Low-code and no-code platforms - Statistics & Facts
Low-code and no-code development platforms allow professional as well as citizen developers to quickly and efficiently create applications in a visual software development environment. The fact that little to no coding experience is required to build applications that may be used to resolve business issues underlines the value of the technology for organizations worldwide. Unsurprisingly, the global low-code platform market is forecast to amount to approximately 65 billion U.S. dollars by 2027.
How do low-code and no-code platforms work?
In traditional software development, professionals write lines of code in a given computer language to create a set of instructions that makes the computer perform a certain task. This usually involves both expertise in programming and planning the different stages of the process. Low-code and no-code platforms alleviate the need to be trained in software development by providing the user with a visual software development environment.
In this model, users connect different components to create computerized processes. The components are visually displayed as drag and drop modules that contain actual lines of code. Because users are offered a complete library of easy-to-use pre-built functionality, they can create a variety of applications that feature business logic and processes. These include data modeling and visualization apps as well as productivity apps.
This text provides general information. Statista assumes no
liability for the information given being complete or correct.
Due to varying update cycles, statistics can display more up-to-date
data than referenced in the text.
Lionel Sujay Vailshery
Research expert covering the consumer electronics industry