Low-Code Application Platforms Growth Opportunities

Low-Code Application Platforms Growth Opportunities

Harnessing the Power of Lines of Business in App Development Fuels Innovation Culture

RELEASE DATE
08-Jul-2021
REGION
North America
Deliverable Type
Market Research
Research Code: K5EE-01-00-00-00
SKU: IT04354-NA-MT_25566
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Description

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

RESEARCH: INFOGRAPHIC

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Table of Contents

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

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
More Information
Deliverable Type Market Research
No Index No
Podcast No
Author Karyn Price
Industries Information Technology
WIP Number K5EE-01-00-00-00
Is Prebook No
GPS Codes 9705-C1,9658,9A37-C1