4 out of 5 businesses in the US currently use low-code.
According to a recently published Fact.MR report, low-code solutions are expected to increase in demand in the following years. Currently, the US has the largest market share in the low-code development industry.
Author: Fact.MR Report
More Related Stats
In 2017, companies built 60% custom apps outside the IT department.
In a 2019 survey from Appian, 79% of IT developers said that low-code can improve job satisfaction by reducing pressure, demands, and stress on departments.
The average software developer salary in 2020 was more than $100K a year in the US. Though no-code solutions don’t fully replace a developer functionally, they help developers focus on more difficult projects and they cost significantly less than hiring a new developer.
26% of executives believe low-code platforms are the most critical investment in automation (from 10% pre-pandemic).
By 2030, global low-code development market is expected to grow to $187 billion revenue, 31.1% CAGR.
41% of developers want more than half the apps their organizations make to be built on low-code platforms.
Most Enterprises (80%) will have policies in place for citizen developers by 2024.
By 2025, low-code or no-code system will be used to develop 70% of businesses’ application.
In 2021, 38% of organizations’ low-code development was used for data modeling and visualization.
More than 1 out of 3 no-code users are currently technical professionals who choose to use the tools anyway.
More 2022 Stats
43% of support teams are now prioritizing increasing workflow efficiency
72% of consumers say relevant content delivered at the right time and place boosts their trust.
32% of respondents say their organizations are failing to properly distribute data-driven customer insights throughout the organization.
60% of executives don’t feel their organization is tailoring their communications well with their current tools.
56% of survey respondents are encouraging greater cross-functional team collaboration over the next 18 months with the explicit aim of improving customer engagement.
88% of businesses say customer engagment is critical to their bottom line.
93% of customers are more likely to remain loyal to companies with excellent support.
44% of businesses say that siloed efforts with no collaboration are one of the biggest impediments to successful customer engagement.
Recent data reveals that 90% of companies report that they are planning to deploy AI by 2022.
95% of customers choose a business that offers help through all the stages of the purchase.