Low Code Development Platform Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Low Code Development Platform Market Report is Segmented by Component (Platform and More), Application Type (Web-Based, Mobile-Based, and More), Deployment Type (On-Premises, Cloud), Organization Size (Small and Medium Enterprises, Large Enterprises), Industry Vertical (BFSI, Retail and E-Commerce, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Low-code Development Platform Market Size and Share

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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

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.

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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.

Low-code Development Platform Market: Market Share by Organization Size
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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.

Low-code Development Platform Market CAGR (%), Growth Rate by Region
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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

  1. Salesforce.com Inc.

  2. Microsoft Corporation

  3. Appian Corporation

  4. Oracle Corporation

  5. OutSystems Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Low-code Development Platform Market
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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.

Table of Contents for Low-code Development Platform Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Mandated Modernization of Legacy COBOL Systems in U.S. Federal Agencies via Low-Code Procurement
    • 4.2.2 Real-Time Composable Banking Initiatives in EU Accelerating Low-Code Adoption
    • 4.2.3 APAC Insurers Regulatory Approval of Low-Code Audit Trails
    • 4.2.4 GenAI Copilots Within Platforms Reducing Build-Cycle Time by 40%
    • 4.2.5 EU ESG Reporting Deadlines Driving Rapid App Deployment Demand
  • 4.3 Market Restraints
    • 4.3.1 Proprietary Runtime Vendor Lock-In Elevating Migration Costs
    • 4.3.2 Performance Limitations for Compute-Intensive Industrial IoT Apps
    • 4.3.3 Data-Residency Barriers Hampering Cloud-First Deployments in Middle East
  • 4.4 Regulatory or Technological Outlook
    • 4.4.1 Emerging Technology Trends
  • 4.5 Porter's Five Forces Analysis
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Consumers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitute Products
    • 4.5.5 Intensity of Competitive Rivalry
  • 4.6 Vendor Market Positioning Analysis
  • 4.7 Investment Analysis

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Component
    • 5.1.1 Platform
    • 5.1.2 Services
  • 5.2 By Application Type
    • 5.2.1 Web-Based
    • 5.2.2 Mobile-Based
    • 5.2.3 Desktop / Server-Based
    • 5.2.4 API-Centric & Micro-Services
  • 5.3 By Deployment Mode
    • 5.3.1 Cloud
    • 5.3.2 On-Premise
  • 5.4 By Organization Size
    • 5.4.1 Small and Medium Enterprises
    • 5.4.2 Large Enterprises
  • 5.5 By Industry Vertical
    • 5.5.1 Banking
    • 5.5.2 Financial Services and Insurance (BFSI)
    • 5.5.3 Retail and E-commerce
    • 5.5.4 Government and Defense
    • 5.5.5 Information Technology and Telecom
    • 5.5.6 Healthcare and Life Sciences
    • 5.5.7 Manufacturing
    • 5.5.8 Energy and Utilities
    • 5.5.9 Education
    • 5.5.10 Media and Entertainment
    • 5.5.11 Others (Transportation, Real Estate)
  • 5.6 By Geography
    • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
    • 5.6.2 South America
    • 5.6.2.1 Brazil
    • 5.6.2.2 Argentina
    • 5.6.2.3 Rest of South America
    • 5.6.3 Europe
    • 5.6.3.1 United Kingdom
    • 5.6.3.2 Germany
    • 5.6.3.3 France
    • 5.6.3.4 Italy
    • 5.6.3.5 Spain
    • 5.6.3.6 Nordics
    • 5.6.3.7 Rest of Europe
    • 5.6.4 Asia-Pacific
    • 5.6.4.1 China
    • 5.6.4.2 India
    • 5.6.4.3 Japan
    • 5.6.4.4 South Korea
    • 5.6.4.5 Australia
    • 5.6.4.6 Rest of Asia-Pacific
    • 5.6.5 Middle East and Africa
    • 5.6.5.1 South Africa
    • 5.6.5.2 Saudi Arabia
    • 5.6.5.3 United Arab Emirates
    • 5.6.5.4 Nigeria
    • 5.6.5.5 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Microsoft Corporation
    • 6.4.2 Salesforce Inc.
    • 6.4.3 Appian Corporation
    • 6.4.4 Oracle Corporation
    • 6.4.5 Mendix (Business of Siemens)
    • 6.4.6 OutSystems Inc.
    • 6.4.7 ServiceNow Inc.
    • 6.4.8 Magic Software Enterprises Ltd.
    • 6.4.9 Quickbase Inc.
    • 6.4.10 Zoho Corporation
    • 6.4.11 Clear Software LLC
    • 6.4.12 Temenos (formerly Kony Inc.)
    • 6.4.13 AgilePoint Inc.
    • 6.4.14 Betty Blocks B.V.
    • 6.4.15 Creatio Global
    • 6.4.16 Kissflow Inc.
    • 6.4.17 Nintex Global Ltd.
    • 6.4.18 GeneXus International SA
    • 6.4.19 LANSA Inc.
    • 6.4.20 Newgen Software Technologies
    • 6.4.21 WaveMaker Inc.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-Space and Unmet-Need Assessment
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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
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
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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.