Rapid Application Development Platform Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Global Rapid Application Development Market is segmented by Type (Low-Code Development Platforms, No-Code Development Platforms), by Deployment Mode (On-Premise, Cloud), by Organization Size (Small and Medium Enterprises, Large Enterprises), by End-User (BFSI, Retail & E-Commerce, Government & Defense, Healthcare, Information Technology), and Geography (North America, Europe, Asia Pacific, Rest of the World). The market sizes and forecasts are provided in terms of value in USD million for all the above segments.

Rapid Application Development Platform Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Rapid Application Development Market Size

Rapid Application Development Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 42.80 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

Rapid Application Development Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Global Rapid Application Development Market with other markets in Technology, Media and Telecom Industry

Automation

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Electronics

Information Technology

Media and Entertainment

Security & Surveillance

Rapid Application Development Market Analysis

The Global Rapid Application Development Market is expected to register a CAGR of 42.8% during the forecast period.

  • The increasing developments, growing demand for applications integration, and rising need for microservices with robust application requirements are some of the major factors driving the studied market growth over the forecast period. Further, growing innovations across businesses and integrating advanced technologies in their business processes augment the demand for application development across industries.
  • In May 2021, The software and digital engineering products company, Innominds launched its low-code platform for software development. With the market release of the platform, called iSymphony, Innominds joins the fast-growing low-code no-code movement for rapid application development (RAD). iSymphony provides a development environment to create application software through a graphical user interface and configuration instead of traditional hand-coded computer programming.
  • According to DigitalOcean, 65% of founders in 2020 cite technical know-how around maintaining infrastructure as a top barrier to entry for new businesses. Handling everyday infrastructure tasks like provisioning and managing servers, operating systems, databases, application runtimes, and other dependencies, with the help of application platform solutions, enables enterprises to gain competitive advantages.
  • Retail and Financial enterprises deliver the most engaging mobile application solutions with the help of rapid application development platforms. End users are adopting a range of mobile applications, from rich native mobile applications with iOS and Android device integrations to lightweight progressive web applications that don't require App Store downloads.
  • RAD relies on rapid iteration and development. This requires advanced skills in the field. All parties involved must have equivalent and appropriate professional competence, and forming such a team could be difficult. Rapid application development works well with small, closely related teams. This is because this model requires effective collaboration. Further, this could be a challenge without experienced professionals in an organization.
  • The COVID-19 outbreak has expanded the studied market scope, owing to the growing investment in digital applications across all industries. Industries that could have taken months and years to adopt digital and cloud technologies are now mainly relying on these for working efficiently. This is a further growing need for tools and platforms that streamline processes and eliminate time-consuming tasks. Hence, the demand for rapid application development platforms is expected to increase, as it is an application development model that places a heavy focus on speed, user strategy, and prototyping.

Rapid Application Development Industry Overview

The Global Rapid Application Development Market is moderately concentrated. Players in the market are launching new products, developing new technologies, and mergers & acquisitions to remain competitive. Some of the critical development in the market are:

  • June 2021 - TrailheaDX, Salesforce introduced the next generation of Salesforce Platform that includes a robust set of low-code development tools that can empower users within an organization, regardless of technical skill or role, to create and ship apps on a single platform.
  • March 2021 - Zoho released its new Creator platform. This all-in-one solution bridges the gap between business users and IT teams by delivering a low code and practical solution-building experience. With the recent release, the company aspires to empower IT teams and business users to build a more sophisticated, modern, and compliant solution. Zoho Creator is concentrating on becoming a low-code platform that is user-friendly, secure, and custom fit for solving various industry challenges.
  • January 2021 - Oracle announced its popular APEX low-code development platform as a managed cloud service that designers can use to quickly and easily build data-driven business applications. Oracle APEX Application Development extends on two decades of APEX functionality already used by 500,000 developers as an easy-to-use, browser-based service for developing modern Web and mobile apps.

Rapid Application Development Market Leaders

  1. Microsoft Corporation

  2. Oracle Corporation

  3. Salesforce.com Inc.

  4. IBM Corporation

  5. Amazon Web Service

  6. *Disclaimer: Major Players sorted in no particular order
Rapid Application Development Market Concentration
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Rapid Application Development Market News

  • November 2021 - Hybrid IT systems integrator and managed services provider Datacentrix formed a partnership agreement with the OutSystems application development platform for Africa and the Middle East. The OutSystems modern application platform is specifically designed to accelerate the development and deployment of critical applications while also delivering flexibility and efficiency. This is expected to aid Datacentrix in assisting customers in their application modernization strategies with a cloud engagement strategy that aligns with Datacentrix's vision.

Rapid Application Development Market Report - Table of Contents

1. INTRODUCTION

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

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Intensity of Competitive Rivalry
    • 4.2.5 Threat of Substitute Products
  • 4.3 Assessment of COVID-19 Impact on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Innovation in the Businesses and Integration of Advanced Technologies
    • 5.1.2 Flexibility to Customize Solutions as per an Organizations Dynamic Requirements
  • 5.2 Market Restraints
    • 5.2.1 Lack of Skilled Professionals

6. TECHNOLOGY SNAPSHOT

7. MARKET SEGMENTATION

  • 7.1 By Type
    • 7.1.1 Low-Code Development Platforms
    • 7.1.2 No-Code Development Platforms
  • 7.2 By Deployment Mode
    • 7.2.1 On-Premise
    • 7.2.2 Cloud
  • 7.3 By Organization Size
    • 7.3.1 Small and Medium Enterprises
    • 7.3.2 Large Enterprises
  • 7.4 By End-user Industry
    • 7.4.1 BFSI
    • 7.4.2 Retail and E-commerce
    • 7.4.3 Government and Defense
    • 7.4.4 Healthcare
    • 7.4.5 Information Technology
    • 7.4.6 Other End-user Industries (Energy and Utilities, Manufacturing, etc.)
  • 7.5 By Geography
    • 7.5.1 North America
    • 7.5.2 Europe
    • 7.5.3 Asia-Pacific
    • 7.5.4 Rest of the World

8. COMPETITIVE LANDSCAPE

  • 8.1 Company Profiles
    • 8.1.1 Oracle Corporation
    • 8.1.2 Microsoft Corporation
    • 8.1.3 Salesforce.com Inc.
    • 8.1.4 IBM Corporation
    • 8.1.5 Amazon Web Services Inc.
    • 8.1.6 Appian Corporation
    • 8.1.7 ServiceNow
    • 8.1.8 Zoho Corporation Private Limited
    • 8.1.9 OutSystems
    • 8.1.10 LANSA
  • *List Not Exhaustive

9. INVESTMENT ANALYSIS

10. FUTURE OF THE MARKET

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Rapid Application Development Industry Segmentation

Rapid Application Development (RAD) is a software development method. It focuses on developing and designing applications through rapid prototyping and feedback cycles. The model comprises four steps - defining the requirements, prototyping, receiving feedback, and finalizing software. The market is sgemented based on type that includes low-code development platforms, no-code development platform and it is further segmented based on the size of the organizations. The studied market also briefs about the COVID-19 impact on the market.

By Type Low-Code Development Platforms
No-Code Development Platforms
By Deployment Mode On-Premise
Cloud
By Organization Size Small and Medium Enterprises
Large Enterprises
By End-user Industry BFSI
Retail and E-commerce
Government and Defense
Healthcare
Information Technology
Other End-user Industries (Energy and Utilities, Manufacturing, etc.)
By Geography North America
Europe
Asia-Pacific
Rest of the World
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Rapid Application Development Market Research FAQs

What is the current Global Rapid Application Development Market size?

The Global Rapid Application Development Market is projected to register a CAGR of 42.8% during the forecast period (2025-2030)

Who are the key players in Global Rapid Application Development Market?

Microsoft Corporation, Oracle Corporation, Salesforce.com Inc., IBM Corporation and Amazon Web Service are the major companies operating in the Global Rapid Application Development Market.

Which is the fastest growing region in Global Rapid Application Development Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Global Rapid Application Development Market?

In 2025, the North America accounts for the largest market share in Global Rapid Application Development Market.

What years does this Global Rapid Application Development Market cover?

The report covers the Global Rapid Application Development Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global Rapid Application Development Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Rapid Application Development Industry Report

Statistics for the 2025 Global Rapid Application Development market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Global Rapid Application Development analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.