Low-code & No-code tools
levels of venture capital used for low-code or no-code tools in 2019 to 2024
According to the search results, the low-code and no-code market is expected to grow rapidly in the coming years. By 2024, 75% of enterprises will use at least four low-code platforms for citizen development initiatives and business application development. The low-code development market is expected to generate $187 billion by 2030, and low-code tools will be responsible for over 65% of application development by 2024. By 2025, organizations will build 70% of their new applications using low-code or no-code platforms. Most enterprises (80%) will have policies in place for citizen developers by 2024, according to Gartner. In 2021, the low-code platform market was valued at $7.61 billion, and it's projected to reach $36.43 billion by 2027. The market for low-code/no-code tools is expected to be worth $52 billion in 2024, according to a recent report from equity research firm RBC, citing P&S Intelligence. Gartner forecasts that low-code application platforms will account for 65% of all app development by 2024. This means the majority of apps created in 2024 will be developed using platforms and tools that provide turnkey ways to program.
what is the expected market size for low-code and no-code tools by 2030
which industries are investing the most in low-code and no-code tools
what are some examples of successful low-code or no-code startups that received venture capital funding