The demand for hyper automation and IT modernization has increased dramatically in recent years, driven by a desire to improve process efficiency, reduce costs, and integrate new technologies, such as AI across the enterprise. That said, enterprises have been struggling to align with these trends due to the limited availability of skilled developer talent and the overwhelming number of new and ongoing projects. As a result, many projects, particularly those that are not designated as priority are relegated to second- or third-tier status and remain pending for months, quarters, or even years. This situation leads to the continuation of operational inefficiencies and can affect the ability of the enterprise to remain competitive.

To address these challenges, low-code/no-code software development solutions have emerged as viable and convenient alternatives to the traditional development process. These development platforms are designed to abstract development code needed for creating business applications and tools, enabling the democratization of software development across the enterprise, reducing time-to-value, and helping to improve productivity and efficiency.

The low-code/no-code development platform market consists of application platforms that are used to rapidly develop and deploy custom applications by abstracting and minimizing or replacing the coding needed in development. Although no-code platforms do not require any programming knowledge, and often feature drag-and-drop interfaces, low-code platforms require some coding skills but usually allow the creation of more complex workflows and applications. These development platforms are generally available as platform as a service (PaaS) solutions and are designed to enable the creation of applications and workflows by not just dedicated developers within the IT department but also non-technical users with more limited development skill sets.

In our latest Market Insight Report, The Low-Code/No-Code Development Platform Market, we detail the top low-code/no-code development market drivers, discuss the core capabilities that should be embedded in any low-code or no-code platform, identify the key risks strategies and risks involved with low-code/no-code development, and profile five leading low-code/no-code development platform providers.

In this report, you will learn:

• How low-code/no-code development platforms are positioned, marketed, and sold
• The current and future commercial market size of the low-code/no-code development platform market
• The specific factors and drivers that will fuel investment into low-code/no-code development platforms
• Criteria for selecting an appropriate low-code/no-code development platform, including key features and capabilities
• Strategies, risks, and issues to consider when implementing low-code/no-code development platforms and tools
• How AI can be used to enhance low-code/no-code development platforms
• Which low-code/no-code platforms have established a presence in the market among enterprise customers

Low-code/no-code platforms will remain key to transforming business practices and improving business outcomes. By allowing workers with specific practice and domain knowledge to create applications that help them be more productive, organizations can remain agile in their approach to development.