Low-code application development (LCAD) platform empowers citizen developers and professional developers to design, build, test, deploy, and manage enterprise applications without writing complicated code. It includes a visual modeling environment with a graphical user interface enabling business users without a technical background to easily create apps as per their specific business requirements. It may also include functionalities to allow custom coding for professional developers to create custom functionalities, extend existing applications, or build complex applications.
Driven by the growing digitalization trends across industry sectors and geographical regions, the market is increasingly becoming competitive. Additionally, with the increasing pace of market disruption and technology innovations, global organizations are struggling to keep up with complex customer demands with their traditional technology infrastructure. Emerging vendors with innovative technologies and market strategies are successfully competing against well-established organizations. Therefore, organizations are increasingly evaluating and adopting low-code application development platforms to accelerate their app development processes and respond to ongoing and future market disruptions. With increasing competition environment, time-to-market plays a vital role in winning over the competition.
The global Low-Code Application Development Platforms research includes a detailed analysis of the global market regarding short-term and long-term growth opportunities, emerging technology trends, market trends, and future market outlook. The study provides a comprehensive market forecast analysis of the global market in various geographical regions. This research provides strategic information for technology vendors to better understand the market supporting their growth strategies and for users to evaluate different vendors’ capabilities, competitive differentiation, and market position.
Quadrant Knowledge Solutions Low-Code Application Development Platforms research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. SPARK Matrix includes ranking and positioning of leading vendors with a global impact. The positioning is based on the vendors’ performance in various performance parameters on the categories of Technology Excellence and Customer Impact.
The Low-Code platforms market consists of a wide variety of well-established as well as emerging vendors. The market consists of different vendors that have a strong presence in other market categories, including intelligent BPMS (iBPMS), mobile app development, multi-experience development, CRM, and other SaaS applications for marketing, database management, content management, and other markets. Driven by the promising business opportunities and market growth, emerging vendors are continuously entering into the LCAD platforms market each year. The Low-Code App Development Platforms SPARK Matrix includes analysis of the leading vendors, including AgilePoint, Appian, Betty Blocks, GeneXus, K2, Kintone, Kony, Mendix, Microsoft, Oracle, Outsystems, Pega, Salesforce, Thinkwise, TrackVia, WaveMaker, and Zoho.
Table of Contents
- Key Research Findings
Market Overview, Key Trends, and Market Drivers
Factors Influencing Technology Developments and Market Growth
Market Adoption and Deployment Trends
Regional Trends and Forecasts
Competition Landscape and Analysis
SPARK Matrix™: Low-Code Application Development Platforms Market
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