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Low-Code Application Platforms Growth Opportunities
Harnessing the Power of Lines of Business in App Development Fuels Innovation Culture
08-Jul-2021
North America
Market Research
K5EE-01-00-00-00
IT04354-NA-MT_25566
As businesses emerge from the pandemic operating environment, they are caught in a strange position of having to resume former foci—like streamlining operations, improving employee productivity, and enhancing the customer experience, but doing so in a wildly different operating environment than they were in 18 months ago. One technology that was just emerging into the market at the start of the pandemic—low-code development platforms—is well-suited to enable new ways of working in pandemic and post-pandemic times. These platforms allow far faster, easier application development, enabling business to quickly create and deploy new services that automate employee work and customer interactions. They also allow line-of-business team members to take a more active role in creating the services they need to work smart in a completely new operating environment. This report explores the global low-code application platform market to assess the landscape and growth opportunities available for technology-adopting enterprises and vendors.
Author: Karyn Price
Key Findings
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
Impact of the Top Three Strategic Imperatives on the LCAP Market
Growth Opportunities Fuel the Growth Pipeline Engine™
Growth Opportunities Introduction
Low-Code Application Platform—Market Definitions
LCAPs—Functionality
LCAPs—Vendor Types
LCAPs—Vendor Lock-In
Market Overview
Market Overview—Software Democratization
Market Overview—Fusion Teams
Market Overview—Citizen Development
LCAPs—Convergence
Growth Drivers for LCAPs
Growth Restraints for LCAPs
Growth Opportunity 1—M&As or Partnerships for Increased LCAP Functionality, 2021
Growth Opportunity 1—M&As or Partnerships for Increased LCAP Functionality, 2021 (continued)
Growth Opportunity 2—Expand Platform Functionality for General Purpose Use, 2021
Growth Opportunity 2—Expand Platform Functionality for General Purpose Use, 2021 (continued)
Growth Opportunity 3—Education for Non-technical Citizen Developers, 2021
Growth Opportunity 3—Education for Non-technical Citizen Developers, 2021 (continued)
The Last Word
List of Exhibits
Legal Disclaimer
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