Low-Code Development Platforms Statistics 2024

Are you looking to add Low-Code Development Platforms to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Low-Code Development Platforms statistics of 2024.

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How much of an impact will Low-Code Development Platforms have on your day-to-day? or the day-to-day of your business? Should you invest in Low-Code Development Platforms? We will answer all your Low-Code Development Platforms related questions here.

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On this page, you’ll learn about the following:

Best Low-Code Development Platforms Statistics

Best Low-Code Development Platforms Statistics

☰ Use “CTRL+F” to quickly find statistics. There are total 171 Low-Code Development Platforms Statistics on this page 🙂

Low-Code Development Platforms Market Statistics

The global low code platform market is forecasted to generate a revenue of $187.0 billion by 2030, increasing from $10.3 billion in 2019, and is expected to reach 31.1% CAGR in the forecast period. ^[0]
According to Gartner, the market demand for app development services will grow at least 5x faster than IT capacity to deliver them. ^[0]
According to Forrester, the market for nocode low code development platforms to increase to $21.2 billion by 2024, up from $3.8 billion in 2017. ^[0]
Gartner predicts NoCode LowCode application platforms are expected to remain the most significant component of the nocode low code technology market through 2024, increasing nearly 30% from 2020 to reach $5.8 billion in 2021. ^[0]
Projected nocode lowcode development yearover year market growth rate is estimated to be 40% in 2024. ^[0]
84% of the enterprise have turned toward nocode lowcode to reduce strain on IT resources, increase speedto market and involve the business in digital asset development. ^[0]
This is illustrated by the fact that the global low code development market is forecast to grow by 23 percent in 2021, and not likely to slow down in the years ahead. ^[1]
The global lowcode/no code market size was valued at USD 11.45 billion in 2019 and is expected to grow at a compound annual growth rate of 22.7% from 2020 to 2027. ^[2]
84% of enterprises have turned toward lowcode/nocode for their ability to reduce strain on IT resources, increase speedto market, and involve the business in digital asset development. ^[2]
The market is projected to grow with a CAGR of 26.1 percent over this period. ^[3]
For example, lowcode application platforms are expected to remain the largest component of the low code development technology market through 2024, increasing nearly 30% from 2020 to reach $5.8 billion in 2021. ^[4]
The global low code development platform market is predicted to generate a revenue of $187 billion by 2030, rising from $10 billion in 2019, and is expected to advance at a fast pace, 31% CAGR, during the forecast period. ^[5]
Sign up for FREE The low code market is set to reach a staggering $13.8 billion by the end of 2021, up by more than 20 per cent in 2020. ^[6]
The global low code development platform market is predicted to generate a revenue of $187.0 billion by 2030, rising from $10.3 billion in 2019, and is expected to advance at a fast pace, 31.1% CAGR, during the forecast period. ^[6]
The market is projected to grow from USD 13.89 billion in 2021 to USD 94.75 billion by 2028 at a CAGR of 31.6% during the forecast period. ^[7]
Based on our analysis, the global market exhibited lower growth of 27.5% in 2020 as compared to the average yearonyear growth during 2017. ^[7]
The market is projected to grow at a CAGR of 31.6% during the forecast period. ^[7]
Code Forrester expects the market for low code development platforms to increase to $21.2 billion by 2024, up from $3.8 billion in 2017, a CAGR of 41%. ^[8]
Some of the highest growth years for the market are expected to be between 2019 and 2021, where growth is expected to be over 50%. ^[8]
Therefore, as the global lowcode development platform market size grows from $4.32 billion in 2017 to the predicted $27.23 billion by 2024, at a Compound Annual Growth Rate of 44.49%, low code is mainstream and here to stay. ^[8]
The global low code development platform market size is projected to grow from USD 13.2 billion in 2020 to USD 45.5 billion by 2025, at a Compound Annual Growth Rate of 28.1% during the forecast period. ^[9]
The global low code development platform market size was estimated at USD 13.2 billion in 2020 and is expected to reach USD 45.5 billion by 2025. ^[9]
The global low code development platform market is expected to grow at a compound annual growth rate of 28.1% from 2020 to 2025 to reach USD 45.5 billion by 2025. ^[9]
The global low code development platform market is predicted to generate a revenue of $187 billion by 2030, rising from $10 billion in 2019, and is expected to advance at a fast pace, 31% CAGR, during the forecast period. ^[10]
As we predicted in 2020 the major low code and cloud vendors are starting to move into the robotic process automation market. ^[11]
Gartner’s latest statistics, leading global research and advisory firm, predict a 23% growth in the worldwide low code development market in 2021. ^[12]
The global LowCode Development Platforms Software market size is projected to reach USD 39650 million by 2028, from USD 14790 million in 2021, at a CAGR of 15.0% during 2024. ^[13]
Fully considering the economic change by this health crisis, Cloud Based accounting for % of the LowCode Development Platforms Software global market in 2021, is projected to value USD million by 2028, growing at a revised % CAGR in the postCOVID. ^[13]

Low-Code Development Platforms Software Statistics

A recent study finds out that 82 percent of organizations can’t attract and retain the quality and quantity of software engineers. ^[0]
Forrester found that nocode lowcode software development helps developers make cloudnative applications more than 10 times faster (with 70% fewer resources). ^[0]
Even with the growth of low code development platforms, the U.S. Bureau of Labor Statistics foresees a 22% increase in software developer jobs by 2030. ^[14]
Gartner predicts 80% of software development by non developers In this article Low code Statistics from 42 Low Code/. ^[10]
Why low code development tools will not result in 80% of software being created by citizen developers by 2024. ^[10]
As global enterprise spending on software surpasses the $1 trillion mark in the coming decade, the growth rate of software spending will slow to 4% per annum from 7% historically. ^[11]

Low-Code Development Platforms Adoption Statistics

According to Gartner, citizen integrator tools are forecasted to reach mainstream adoption in the next 2 to 5 years. ^[0]

Low-Code Development Platforms Latest Statistics

26% of executives named “nocode lowcode development platforms” as their most crucial automation investment, which has more than doubled (from 10% to 26%). ^[0]
72% of IT leaders now say project backlogs prevent them from working on strategic projects. ^[0]
Gartner predicts that 65% of the app activity will result from no code development by 2024. ^[0]
31% of enterprises using nocode lowcode have not used it to build and deliver any of their highest. ^[0]
Almost 60% of the custom apps are now built outside the IT department. ^[0]
Of those, 30% are built by employees with limited or no technical skills. ^[0]
The mixture of lowcode/no code and conventional innovation is projected to be adopted by 75% of businesses. ^[0]
Gartner predicts that 75% of the large enterprise will be using at least four nocode low code development tools for IT and citizen development initiatives by 2024. ^[0]
More than 80% of the form says citizen developers are becoming increasingly important to their organization. ^[0]
82% of the businesses feel citizen developers will become more important in two years. ^[0]
A recent study by McKinsey found organizations that empower citizen developers score 33% higher on innovation measures than those that do not. ^[0]
Gartner estimates by 2025, 70% of new applications developed by enterprises will use nocode or low code technologies (up from less than 25% in 2020). ^[0]
Nocode low code will make it to the mainstream in 2021, with 75% of development shops adopting this platform. ^[0]
41% of developers want more than half of their organization’s app development to be nocode low. ^[0]
Gartner predicts that by 2024, over 50% of medium to large enterprises will have adopted a lowcode or no code as one of their strategic application platforms. ^[0]
Gartner predicts, by 2024, 80% of technology products and services will be built by those who are not technology professionals. ^[0]
Nocode low code platforms can reduce the development time by 90%. ^[0]
82% of firms say custom app development outside of IT is important. ^[0]
64% of the enterprises using lowcode to run top applications say they turn to low code because it is the most flexible option. ^[0]
49% of organizations using lowcode say it has the greatest ability to automate processes, while 50% say they use low code because it has the fastest speed of delivery. ^[0]
Gartner estimates 73% of CFOs agree or strongly agree that their organization is using digital tools to help streamline and automate operations. ^[0]
For forms and data collection apps (58%). ^[0]
Apps that orchestrate business processes and workflow within apps (49%). ^[0]
Apps that replace paper, email, or spreadsheet (42%). ^[0]
Customizing new app UI for current on. ^[0]
47% of the organizations are still not using low code development platforms as they lack knowledge. ^[0]
5% of the low code application user believe that it is clunky. ^[0]
Only 12% of the organizations use lowcode no code platforms after buying them. ^[0]
37% of the organizations are concerned about the “lockin” with nocode/low. ^[0]
32% of organizations don’t believe we could build the types of the app we need. ^[0]
25% of organizations are concerned about the scalability of the apps created. ^[0]
It will account for more than 65% of application development activity by 2024. ^[2]
2The mixture of lowcode/no code and conventional innovation is projected to be adopted by 75% of businesses. ^[2]
5 Only 0.5% of the world. ^[2]
685% of people said that no code tools add value to their lives. ^[2]
784% of people trust no. ^[2]
896% of those who don’t use no code tools would be willing to use them in the future. ^[2]
“Ease of use” is the most used (20%). ^[2]
1024% of users had no experience at all before using lowcode/no. ^[2]
40% of those users have mostly business backgrounds. ^[2]
1231% of enterprises that use lowcode/nocode have not used them to build and deliver any of their highest. ^[2]
1372% of users develop apps with low code applications in 3 months or less. ^[2]
14More than 65% of app development in 2024 is expected to be performed by lowcode/no. ^[2]
1525% of businesses have security concerns when it comes to lowcode/no. ^[2]
1630% of businesses prefer using custom lowcode/no code for complex business logic in the future. ^[2]
no code solutions have the potential to reduce the app development time by 90%. ^[2]
2085% of 500 engineering leads think that low code will be more common within their organizations as soon as 2021. ^[2]
Available to download in PNG, PDF, XLS format 33% off until Jun 30th. ^[3]
Gartner research says, on average, 41% of employees outside of IT – or business technologists – customize or build data or technology solutions. ^[4]
In this article, you will see statistics about By 2024, low code application development will be responsible for more than 65% of application development activity. ^[5]
By 2024, 75% of large enterprises will be using at least four low code development tools for both IT application development and citizen development initiatives. ^[5]
70% of new applications developed by organizations will use lowcode or no code technologies by 2025, up from less than 25% in 2020. ^[5]
41% of businesses have active citizen development initiatives and 20% of those who don’t are either evaluating or planning to start citizen development initiatives. ^[5]
About 79% of businesses build a web application with citizen development within a year. ^[5]
Nearly 60% of all custom apps are now built outside the IT department. ^[5]
Of those, 30% are built by employees with either limited or no technical development skills. ^[5]
82% of firms say custom app development outside of IT is important. ^[5]
40% of companies state AI technologies and expertise are too expensive. ^[5]
83% of businesses say AI is a strategic priority for their businesses today yet, there is not enough data science talent. ^[5]
the potential to reduce the development time by 90%Redhat). ^[5]
The solution helped the company Increase process execution efficiency by 80% without needing to hire staff to support operations Process more than 700 payments per day. ^[5]
In 2021, 33% of respondents from a global survey by Statista indicated that their organization is using low code for data modeling and visualization. ^[5]
Ricoh replaced legacy systems with a low code platform which helped them achieve a 253% ROI and a payback in just 7 months. ^[5]
“Ease of use” is the most used (20%). ^[5]
The most negative describing low code solution is” clunky” with being used in 5% of all low code / no code development platforms the reviews. ^[5]
In fact, 100% of enterprises that use them say low. ^[14]
As early as 2012 McKinsey1 reported that “large IT projects run 45 percent over budget and 7 percent over time while delivering 56 percent less value than predicted,” with “every additional year spent on the project increasing cost overruns by 15 percent.”. ^[14]
According toGartner, lowcode/no code solutions will make up 65 percent of application development by 2024 because the technology helps address productivity issues, skill shortage and business project backlogs. ^[6]
80% of organizations state that citizen developers have given IT departments more breathing room. ^[6]
Prudent enterprises are more likely to adopt and value low code for its flexibility (83%), speed (63%), and process automation (67%). ^[6]
About 79% of businesses build a web application with citizen development within a year. ^[6]
Nearly 60% of all custom apps are now built outside the IT department. ^[6]
Of those, 30% are built by employees with either limited or no technical development skills. ^[6]
Lowcode and no code solutions give teams the potential to reduce application development time by 90%. ^[6]
According toAIMultiple Low Code vendors list, “ease of use” is the most used (20%). ^[6]
70% of low code users who had no experience at all before using low code platforms learned low code in 1 month or less. ^[6]
69% of professional IT developers are preferring a low code development platform to work with. ^[6]
Among IT teams that used lowcode solutions, business units were 21% happier with lead times than among those without low. ^[6]
80% agree that low code is useful for automation of repetitive development tasks, such as coding forms and business rules. ^[6]
71% of organizations that leverage citizen development has sped up application development by at least 50% and 29% of companies have seen a 2X or more jump in delivery time. ^[6]
90% of developers who use a low code platform have less than five app requests per month in the backlog. ^[6]
A Gartner survey collates that forms or datacollection apps (58%), apps that orchestrate business processes and workflows within apps (49%) and apps that replace paper, email, or spreadsheets (42%). ^[6]
Customizing new app UI for current onpremise applications is also a highly popular low code use case (22%). ^[6]
According to the survey of our developer community, 1/4 of users are developing robust applications on a low code platform without having any previous programming experience, and 40 percent of these developers have a background in business. ^[15]
In fact, 72 percent of those surveyed are developing applications in three months or less with a low code platform, compared to the six months or even years it can take to develop applications using traditional development. ^[15]
Required Talent is everywhere 24 percent of low code users reported starting with zero programming experience. ^[15]
40 percent of low code developers have a background in business. ^[15]
Quickly 70 percent of those users learned low code is one month or less. ^[15]
28 percent learned in two weeks or less. ^[15]
72 percent of low code users were developing apps in three months or less. ^[15]
55 percent of high growth organizations focus on innovation and customer engagement. ^[15]
In fact, a study from Mendix) found that 24% of users had no experience at all before using low code platforms. ^[16]
And 40% of users come from a mostly business background. ^[16]
According to Gartner, more than 65% of application development in 2024 will be performed by low code platforms. ^[16]
83% of CIOs struggle to hire staff to help meet increasing demands. ^[16]
What’s worse, 33% of engineer’s time goes to dealing with technical debt. ^[16]
Currently, 12% of enterprises manage their processes using low code tools according to The Growing Importance of Process to Digital transformation by Forester. ^[16]
According to Gartner, “By 2024 75% of large enterprises will be using at least four low code development tools for both IT application development and citizen development initiatives.”. ^[16]
Most Enterprises (70%). ^[16]
And Ricoh replaced their legacy systems, resulting in a 253% ROI in 7 months. ^[16]
Over 75% of the federal government’s. ^[16]
As per the Mendix Technology BV report 2021, 64% of IT professionals agreed that lowcode is their goto work. ^[7]
According to the study of Mendix Digital Disconnect, up to 61% of stakeholders stated that they implement only 50% of IT solutions than the proposed. ^[7]
As per the SAP insights estimation, business users and IT developers have collaborated for 60% of low code development platform projects. ^[7]
According to the State of Low Code Report 2021, 77% of companies in the U.S. as compared globally are implementing low code platforms, and 3 out of 5 employees are using them for building apps. ^[7]
As per the 2020 Software Survey of Asia Pacific, more than 50% of the region’s top executives are confident in implementing the low code platform across their organizations. ^[7]
As per the Mendix Survey, 9% of IT professionals accept the platform. ^[7]
As per Mendix insights, 58% of financial service providers support low code platforms post. ^[7]
In 2019, 37% of developers were using or planning to use low. ^[17]
By mid 2020, this is expected to rise to more than 50%. ^[17]
Nearly 60% of all custom apps are now built outside the IT department, companies report. ^[17]
Of those, 30% are built by employees with either limited or no technical development skills. ^[17]
…but professional IT workers are still the ones driving the majority of development, with 69% of businesses using low code stating IT staff are the primary users. ^[17]
By 2024, low code application development will be responsible for more than 65% of application development activity. ^[17]
82% of firms say citizen developers–business professionals with little or no coding experience–are becoming increasingly important to their business. ^[17]
72% of low code developers create applications in three months or less, compared with six months or even years to develop applications using traditional development. ^[17]
68% of IT developers agree that lowcode is viable for the development of mission. ^[17]
…and 80% believe that using lowcode can free up developer time to work on higher. ^[17]
The top three answers were 69% – Accelerate digital transformation 55% – Reduce IT backlog 38% –. ^[8]
Among 354 business professionals surveyed Cost reduction was listed as the top primary motivation for process improvement 2 years ago , but that will slip to 8 percent by 2020. ^[8]
Accelerating business transformation was the primary motivation for only 13 percent 2 years ago, but will become the top motivation by 2020. ^[8]
In 2018, the primary motivation is improving the customer experience , and will continue to be important in 2020. ^[8]
Here are some fascinating stats 75% of respondents admit that their projects are either always or usually “doomed right from the start.”. ^[8]
80% admit they spend at least half their time on rework. ^[8]
78% feel the business is usually or always out of sync with project requirements and business stakeholders need to be more involved and engaged in the requirements process. ^[8]
Only 55% feel that the business objectives of their projects are clear to them. ^[8]
Less than 20% describe the requirements process as the articulation of business need. ^[8]
Only 23% state they are always in agreement when a project is truly done. ^[8]
80% of fortune 2000 companies rely on our research to identify new revenue sources. ^[9]
By 2024, 75% of large enterprises will be using at least four low code development tools for both IT application development and citizen development initiatives. ^[10]
Let’s assume 50% of future development will use low. ^[10]
If robotic process automation was not on your company’s roadmap before COVID 19, it likely is now to reduce costs, conduct remote business, and improve resiliency. ^[11]
I am one of the 64% of developers who have yet to adopt a low. ^[11]
Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2024, region from 2017 to 2024, and global price from 2017 to 2028. ^[13]
Estimated Year 2024 Low Code Development Platforms Software Market Forecast Period. ^[13]
The report offers LowCode Development Platforms Software industry analysis from 2017 to 2021, according to categories such as product type, applications/end. ^[13]

I know you want to use Low-Code Development Platforms, thus we made this list of best Low-Code Development Platforms. We also wrote about how to learn Low-Code Development Platforms and how to install Low-Code Development Platforms. Recently we wrote how to uninstall Low-Code Development Platforms for newbie users. Don’t forgot to check latest Low-Code Development Platformsstatistics of 2024.

Reference

quixy – https://quixy.com/blog/no-code-low-code-citizen-development-statistics-facts/.
statista – https://www.statista.com/topics/8461/low-code-and-no-code-platforms/.
userguiding – https://userguiding.com/blog/no-code-low-code-statistics/.
statista – https://www.statista.com/statistics/1226179/low-code-development-platform-market-revenue-global/.
gartner – https://www.gartner.com/en/newsroom/press-releases/2021-02-15-gartner-forecasts-worldwide-low-code-development-technologies-market-to-grow-23-percent-in-2021.
aimultiple – https://research.aimultiple.com/low-code-statistics/.
dronahq – https://www.dronahq.com/low-code-no-code-statistics/.
fortunebusinessinsights – https://www.fortunebusinessinsights.com/low-code-development-platform-market-102972.
tigersheet – https://tigersheet.com/blog/a-look-at-the-low-code-no-code-development-market-facts-and-numbers-unleashed/.
marketsandmarkets – https://www.marketsandmarkets.com/Market-Reports/low-code-development-platforms-market-103455110.html.
itnext – https://itnext.io/for-developers-the-low-code-winter-is-coming-76875d3606c0.
forrester – https://www.forrester.com/blogs/category/low-code-platforms/.
medium – https://gramener.medium.com/best-low-code-development-platforms-10042f3c4940.
newschannelnebraska – https://southeast.newschannelnebraska.com/story/46291158/low-code-development-platforms-software-market-trend-2024-industry-growth-global-share-size-estimation-statistical-overview-top-key-players-analysis.
salesforce – https://www.salesforce.com/resources/guides/what-is-low-code/chapter-2/.
mendix – https://www.mendix.com/blog/infographic-low-code-application-development-trends/.
quandarycg – https://quandarycg.com/25-shocking-facts-about-low-code/.
impactmybiz – https://www.impactmybiz.com/blog/blog-low-code-trends-2020/.

How Useful is Low Code Development Platforms

One of the primary benefits of low code development platforms is their ability to streamline the app development process. By providing pre-built templates, modular components, and intuitive interfaces, these platforms allow users to quickly prototype and deploy applications without the need for intricate coding skills. This can be particularly advantageous for small businesses or individuals who lack the resources to hire a team of developers. Additionally, low code platforms can help alleviate the burden on IT departments, allowing them to focus on more complex projects while business users handle the development of simpler applications.

Another key advantage of low code platforms is their ability to foster collaboration between business and IT professionals. With low code development, business users can actively contribute to the app development process, providing feedback and iterating on solutions in real-time. This bridge between business needs and technical solutions can lead to more effective and efficient app deployments, ultimately driving business innovation and growth.

Furthermore, low code development platforms can be a cost-effective solution for organizations looking to build custom applications without breaking the bank. Traditional software development processes can be time-consuming and resource-intensive, requiring a significant investment in skilled developers and infrastructure. In contrast, low code platforms can significantly reduce development time and costs, as they eliminate the need for extensive coding expertise and streamline the app development process. This can be particularly beneficial for small businesses or startups with limited budgets, allowing them to quickly bring their ideas to life without incurring high expenses.

However, it is important to recognize that low code development platforms may not be the ideal solution for every app development project. While they can certainly expedite the development process and lower costs, they may lack the flexibility and customization options of traditional coding methods. In some cases, complex or highly specialized applications may require the expertise of experienced developers to ensure optimal performance and functionality.

Additionally, low code platforms may face certain limitations in terms of scalability and security. As applications created on these platforms rely on pre-built components and templates, they may not be as robust or scalable as applications developed through traditional coding methods. Security concerns can also arise, as low code platforms may not offer the same level of protection against cyber threats as custom-built applications.

In conclusion, while low code development platforms offer numerous advantages in terms of streamlining the development process, fostering collaboration, and reducing costs, they may not be the best fit for every app development project. It is essential for organizations to carefully evaluate their needs and priorities before opting for a low code platform, ensuring that the chosen solution aligns with their long-term goals and requirements. Ultimately, while low code platforms can be a valuable tool in certain situations, they should not be viewed as a one-size-fits-all solution for app development.

In Conclusion

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Low-Code Development Platforms Statistics 2024 – Everything You Need to Know