This will likely be an effort to reduce strain on IT departments while collectively improving workflows as businesses work in increasingly unpredictable markets.Ĭurrently, 72% of IT leaders state that their ticket backlog interferes with strategic projects. Most Enterprises (80%) will have policies in place for citizen developers by 2024, according to Gartner.By 2025, organizations will build 70% of their new applications using low-code or no-code platforms.This is up from $10.3 Billion in 2019 with COVID 19 driving the shift due to increased remote work environments, the need for businesses to be agile, and the drive for lean, more efficient business systems. And it's expected to reach $187 Billion by 2030. The global market forecast for low-code is around 65 Billion U.S.
Critical Stats on Low-Code Low-Code Market Trends for 2022 and Beyond
While stats are informative, the facts behind the movement explain why more and more businesses are choosing the low-code path. These stats on low-code will give you all the information you need to make an informed decision when adopting the platform to support application development in your business.Īfter you scroll through the latest low-code stats, be sure to check out our facts about low-code as well.
As the transition from traditional application development to low-code continues, it’s important to know what low-code is, why it matters, and how it can transform the way work gets done in your business.
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