Low-code Development Platform Market Size and Share
Low-code Development Platform Market Analysis by Mordor Intelligence
The low-code development platform market is valued at USD 26.3 billion in 2025 and is forecast to reach USD 67.12 billion by 2030, registering a 20.61% CAGR. This growth rests on urgent legacy-system modernization, acute developer shortages, and strict regulatory deadlines that reward rapid application delivery. Federal agencies are issuing multi-year blanket purchase agreements for low-code solutions, while EU banks race to meet 2027 composable-banking and data-access rules. Cloud-first architectures, AI-driven development copilots, and expanding sovereign-cloud frameworks are further lifting adoption across industries and regions. Competitive pressure is intensifying as platform vendors layer generative AI and data-fabric capabilities to shorten build cycles, consolidate data, and defend market position.
Key Report Takeaways
- By component, platform offerings led with 72% of the low-code development platform market share in 2024, whereas services are advancing at a 23.88% CAGR through 2030.
- By application type, web-based development commanded 55% revenue share in 2024; mobile development is projected to expand at a 22.97% CAGR to 2030.
- By deployment mode, cloud models accounted for 61% share of the low-code development platform market size in 2024 and are growing at 23.18% through 2030.
- By organization size, large enterprises held 64% share in 2024, but SMEs are set to grow at a 22.27% CAGR.
- By industry vertical, BFSI captured 27% of the low-code development platform market size in 2024, while education is rising fastest at 24.1% CAGR.
- By geography, North America led with 31% share in 2024; Asia-Pacific is the fastest-growing region at 21.45% CAGR
Global Low-code Development Platform Market Trends and Insights
Drivers Impact Analysis
Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
Mandated modernization of legacy COBOL systems in U.S. federal agencies via low-code procurement | + 3.20% | North America, spillover to allied government sectors | Medium term (2-4 years) |
Real-time composable banking initiatives in the EU accelerating low-code adoption | + 2.80% | Europe, influence extending to APAC finance hubs | Short term (≤2 years) |
APAC insurers’ regulatory approval of low-code audit trails | + 1.90% | Core Asia-Pacific, adoption spreading to emerging markets | Medium term (2-4 years) |
GenAI copilots within platforms reducing build-cycle time by 40% | + 4.10% | Global, early uptake in North America and EU | Short term (≤2 years) |
EU ESG reporting deadlines driving rapid app-deployment demand | + 2.30% | Europe, multinational roll-outs worldwide | Short term (≤2 years) |
AI-driven data-fabric integration improving cross-platform analytics | +1.50% | Global, strongest in data-intensive sectors | Long term (≥4 years) |
Source: Mordor Intelligence
Mandated modernization of legacy COBOL systems in U.S. federal agencies via low-code procurement
Federal departments are retiring decades-old COBOL platforms and replacing them with low-code systems through multi-award blanket purchase agreements that lower contract overhead by 23% . The Defense Contract Management Agency highlighted low-code in its 2025 modernization RFI as the preferred path for integrated contract management. States now replicate these federal templates, expanding addressable spend and cementing low-code platforms as the public-sector default for rapid modernization. Vendors able to verify FedRAMP and DoD IL5 compliance gain privileged access to this growing procurement wave, supporting further growth for the low-code development platform market.
Real-time composable banking initiatives in the EU accelerating low-code adoption
The Financial Data Access regulation obliges European banks to expose customer data via APIs by 2027. Complementary Digital Operational Resilience Act rules tighten ICT risk oversight and push institutions toward agile architectures that can adapt to weekly rule updates. Low-code platforms answer both needs by generating compliant APIs and automating control evidence. Supervisors at the European Central Bank have formalized cloud-outsourcing expectations that reward modular service deployment. Traditional banks therefore rely on low-code tooling to match the release velocity of fintech challengers across the low-code development platform market.
APAC insurers’ regulatory approval of low-code audit trails
Asia-Pacific insurance regulators now accept low-code applications that maintain tamper-proof audit trails for IFRS 17 and climate-risk reporting. Regional carriers pursuing cyber-policy expansion and electric-vehicle coverage have adopted visual-builder tools that enable actuarial experts to refine rating logic without code. Gallagher Re recorded a surge in embedded low-code implementations linked to regulatory disclosure timetables. As regulators in Japan and Singapore formalize audit-trail standards, insurers across emerging markets follow suit, propelling the low-code development platform market deeper into risk-intensive domains.
GenAI copilots within platforms reducing build-cycle time by 40%
Generative AI now auto-generates data models, interfaces, and test cases, slashing ERP transformation effort by up to 40% . Appian beta testers reported 75 × more documents processed per hour, while Microsoft is collapsing Dynamics 365 apps into AI agents that write and refactor code continuously. Platform providers that embed GenAI quickly win both professional developers and citizen developers, expanding addressable workloads and reinforcing the high-growth trajectory of the low-code development platform market.
Restraints Impact Analysis
Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
Proprietary runtime vendor lock-in elevating migration costs | -2.10% | Global, heavier impact on large enterprises | Long term (≥4 years) |
Performance limitations for compute-intensive industrial IoT apps | -1.80% | Germany, China, Japan, U.S. industrial belts | Medium term (2-4 years) |
Data-residency barriers hampering cloud-first deployments in Middle East | -1.30% | Middle East & North Africa, regulated verticals worldwide | Short term (≤2 years) |
Security concerns over AI-generated code vulnerabilities | -1.00% | Global, acute in critical-infrastructure sectors | Medium term (2-4 years) |
Source: Mordor Intelligence
Proprietary runtime vendor lock-in elevating migration costs
A 2024 peer-reviewed study introduced a cloud vendor lock-in prediction framework that quantifies switching risk and reveals high cost exposures for applications bound to proprietary runtimes. Many low-code systems compile workflows into closed execution engines that limit portability. CIOs now require source-code export and containerized deployment options, slowing purchase cycles and suppressing a portion of the low-code development platform market.
Performance limitations for compute-intensive industrial IoT apps
Manufacturing firms running sub-millisecond control loops or sophisticated predictive models find that some visual builders cannot sustain throughput without bespoke extensions. Automotive and aerospace plants must therefore keep high-frequency workloads on traditional frameworks, curbing low-code penetration into edge-heavy use cases. Vendors are racing to integrate WebAssembly and GPU offload, but material headwinds remain for the low-code development platform market in real-time industrial scenarios.
Segment Analysis
By Component: Platform Dominance Drives Service Innovation
The platform segment represented 72% revenue in 2024 and anchors the low-code development platform market. Enterprises favor unified environments that combine visual modelling, process orchestration, and integrated databases, thereby reducing tool sprawl. Consolidation plays such as Salesforce’s USD 8 billion acquisition of Informatica fold data management and AI into a single runtime to deepen enterprise lock-in. Service-line expansion follows platform rollout: federal agencies that standardize on one vendor generate continuous demand for integration consulting, governance frameworks, and AI-prompt design.
Services, while smaller, are growing at 23.88% CAGR as organizations look for partners to migrate COBOL workloads, embed ESG analytics, and train GenAI copilots. This advisory wave lifts attach rates for premium support and managed services, adding recurring revenue layers to the low-code development platform industry. Over the forecast, vendors that package training, data-fabric tuning, and AI-model governance alongside licences can double lifetime value and widen the low-code development platform market.
By Application Type: Mobile Surge Challenges Web Dominance
Web apps still controlled 55% spending in 2024, yet mobile workloads are rising at 22.97% CAGR as field technicians and remote employees demand offline-first capabilities. Native plug-ins for camera, biometrics, and augmented reality make mobile experiences richer and more contextual. The low-code development platform market size for mobile use cases is projected to grow rapidly, especially in insurance inspections and utility maintenance.
API-centric designs extend both web and mobile apps, aligning with composable-banking and open-data directives. Microsoft’s planned shift from monolithic Dynamics 365 screens to task-oriented AI agents underlines how interfaces will dissolve into contextual micro-interactions. Vendors that ship responsive design, one-click PWA generation, and secure offline sync will capture incremental low-code development platform market share among organizations pursuing multi-channel parity.
By Deployment Mode: Cloud Sovereignty Shapes Hybrid Strategies
Cloud delivery captured 61% of the low-code development platform market size in 2024, buoyed by elastic scaling and reduced infrastructure burden. Yet ECB cloud-outsourcing guidance and emerging data-embassy constructs compel many banks and ministries to adopt hybrid or dedicated-region models. Providers respond by offering single-tenant regions, Bring-Your-Own-Key encryption, and air-gapped installations.
On-premise options thus remain critical for defense, healthcare, and high-security finance. The fastest-growing micro-segment is sovereign SaaS, where vendors deploy managed stacks within a customer’s data center under national jurisdiction. This flexible continuum lets buyers meet local rules without forfeiting DevOps agility, sustaining broad growth for the low-code development platform market.
By Organization Size: SME Democratization Accelerates Adoption
Large enterprises held 64% spending in 2024 because they run multi-domain modernization programs. The U.S. Coast Guard’s consolidation of four low-code contracts into one BPA illustrates the scale efficiencies large buyers seek. Nevertheless, SMEs record the highest 22.27% CAGR as freemium tiers, template libraries, and AI-driven wizards level the playing field.
Citizen developers inside 200-employee retailers now prototype loyalty apps in days, circumventing vendor backlogs. The low-code development platform industry consequently lowers the threshold for custom software, letting SMEs compete on customer experience without ballooning IT headcount. Over time, rising SME volumes will diversify revenue away from marquee deals, stabilizing the low-code development platform market.

By Industry Vertical: Education Disrupts BFSI Leadership
BFSI remained the largest buyer with 27% of 2024 spend thanks to stringent compliance and real-time data-sharing edicts. European banks channel budgets into API governance layers that low-code platforms generate out-of-the-box, protecting their market position.
Education, however, shows the steepest 24.1% CAGR as universities digitize admissions, remote proctoring, and alumni engagement. Pandemic-era remote learning mandates exposed legacy portals; low-code builders now let faculty curate curricula apps without IT bottlenecks. Government and defense programs add further breadth, particularly where procurement policies specify visual development to accelerate mission delivery. These dynamics diversify demand across the low-code development platform market.
Geography Analysis
North America held 31% revenue in 2024, driven by federal modernization and a mature venture ecosystem. The U.S. government’s push to sunset COBOL and enforce FedRAMP compliance sets a template for state agencies, seeding repeatable rollouts across justice, transport, and health. Canada leverages low-code to expedite fintech licensing and digital-identity projects, broadening regional momentum. Venture capital continues to back AI-infused low-code startups, fuelling product innovation that sustains the low-code development platform market.
Asia-Pacific posts the fastest 21.45% CAGR. Japan’s insurers adopted audit-ready builders for IFRS 17, while Singapore’s Monetary Authority encourages rapid fintech sandboxing. China finances hyperscale data centers in Gulf states, offering sovereign clouds that host Western-compatible runtimes. India’s IT-services leaders embed low-code accelerators within global transformation deals, amplifying export revenue while catalyzing local public-sector uptake. These initiatives collectively underpin the region’s outsized contribution to future low-code development platform market growth.
Europe wields regulatory influence that shapes global product roadmaps. ECB cloud standards, open-banking API deadlines, and ESG disclosure mandates force enterprises to automate compliance fast. Nordic governments deliver citizen services via low-code Portals, Germany’s auto OEMs prototype shop-floor apps despite performance caveats, and French utilities integrate ESG reporting pipelines. With policy momentum compounding, Europe remains a cornerstone of the expanding low-code development platform market.

Competitive Landscape
The market shows moderate consolidation. Salesforce’s USD 8 billion Informatica purchase marries AI-driven data integration with its Lightning platform, reinforcing ecosystem lock-in and expanding cross-sell leverage.[3]Salesforce, “Salesforce Reports Record First Quarter Fiscal 2026 Results,” salesforce.com Microsoft collapses Dynamics 365 modules into AI agents that auto-compose workflows, repositioning Power Apps as a natural orchestration layer. Appian’s 25.1 release injects a data-fabric spine that multiplies query speed and document throughput. [1]Appian Unveils Latest Platform Release for Faster, More Powerful Data Fabric and AI Experience,” appian.com
Private-equity appetite persists: Triton acquired Neptune Software to scale a SAP-centric builder serving 5 million users. [2] Triton, “Triton Signs Agreement to Acquire Neptune Software,” neptune-software.com Niche vendors that specialize in regulated verticals—defense, life sciences, energy—attract suitors eager to fold compliance IP into broader suites. Competitive intensity centers on three fronts: GenAI breadth, sovereign-cloud options, and vertical accelerators. Players that score high on all fronts widen share, yet the addressable base grows fast enough that challengers still find white-space within the dynamic low-code development platform market.
Low-code Development Platform Industry Leaders
-
Salesforce.com Inc.
-
Microsoft Corporation
-
Appian Corporation
-
Oracle Corporation
-
OutSystems Inc.
- *Disclaimer: Major Players sorted in no particular order

Recent Industry Developments
- May 2025: Salesforce announced its USD 8 billion acquisition of Informatica to fuse data management and AI within the Salesforce Platform.
- March 2025: Appian released version 25.1 featuring AI-powered data fabric that processes 75 × more documents per hour.
- January 2025: Triton agreed to buy Neptune Software, adding 800 customers and 5 million licenses to its portfolio.
- December 2024: Salesforce launched AgentForce Testing Center for lifecycle management of AI agents in production.
Global Low-code Development Platform Market Report Scope
A low-code development platform (LCDP) offers a coding environment that enables developers with varying expertise to build applications. It uses a dynamic graphical user interface and configuration with model-driven logic instead of conventional hand-coded computer programming. For specific situations, these platforms may require extensive coding.
The low-code development platform market is segmented by application type (web-based, mobile-based, and desktop and server-based), deployment type (on-premise and cloud), organization size (small and medium enterprises and large enterprises), end-user verticals (BFSI, retail and e-commerce, information technology, energy and utilities, manufacturing, healthcare, government, and defense, and other end-user verticals), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
By Component | Platform | ||
Services | |||
By Application Type | Web-Based | ||
Mobile-Based | |||
Desktop / Server-Based | |||
API-Centric & Micro-Services | |||
By Deployment Mode | Cloud | ||
On-Premise | |||
By Organization Size | Small and Medium Enterprises | ||
Large Enterprises | |||
By Industry Vertical | Banking | ||
Financial Services and Insurance (BFSI) | |||
Retail and E-commerce | |||
Government and Defense | |||
Information Technology and Telecom | |||
Healthcare and Life Sciences | |||
Manufacturing | |||
Energy and Utilities | |||
Education | |||
Media and Entertainment | |||
Others (Transportation, Real Estate) | |||
By Geography | North America | United States | |
Canada | |||
Mexico | |||
South America | Brazil | ||
Argentina | |||
Rest of South America | |||
Europe | United Kingdom | ||
Germany | |||
France | |||
Italy | |||
Spain | |||
Nordics | |||
Rest of Europe | |||
Asia-Pacific | China | ||
India | |||
Japan | |||
South Korea | |||
Australia | |||
Rest of Asia-Pacific | |||
Middle East and Africa | South Africa | ||
Saudi Arabia | |||
United Arab Emirates | |||
Nigeria | |||
Rest of Middle East and Africa |
Platform |
Services |
Web-Based |
Mobile-Based |
Desktop / Server-Based |
API-Centric & Micro-Services |
Cloud |
On-Premise |
Small and Medium Enterprises |
Large Enterprises |
Banking |
Financial Services and Insurance (BFSI) |
Retail and E-commerce |
Government and Defense |
Information Technology and Telecom |
Healthcare and Life Sciences |
Manufacturing |
Energy and Utilities |
Education |
Media and Entertainment |
Others (Transportation, Real Estate) |
North America | United States |
Canada | |
Mexico | |
South America | Brazil |
Argentina | |
Rest of South America | |
Europe | United Kingdom |
Germany | |
France | |
Italy | |
Spain | |
Nordics | |
Rest of Europe | |
Asia-Pacific | China |
India | |
Japan | |
South Korea | |
Australia | |
Rest of Asia-Pacific | |
Middle East and Africa | South Africa |
Saudi Arabia | |
United Arab Emirates | |
Nigeria | |
Rest of Middle East and Africa |
Key Questions Answered in the Report
What is the current size of the low-code development platform market?
The market stands at USD 26.3 billion in 2025 and is projected to reach USD 67.12 billion by 2030, growing at a 20.61% CAGR.
Which segment is growing fastest within the market?
Services linked to implementation, integration, and support are expanding at 23.88% CAGR, outpacing platform licence growth.
Why are federal agencies adopting low-code platforms?
Federal bodies cite accelerated legacy-system retirement, 23% contract-management savings, and simplified compliance as key benefits
How is generative AI influencing the market?
GenAI copilots embedded in leading platforms cut build-cycles by up to 40% and raise document throughput 75-fold, boosting ROI.