By 2030, global low-code development market is expected to grow to $187 billion revenue, 31.1% CAGR.

Statistic Info

Digital platforms put a company at an advantage over its competitors and new entrants in the market. Companies are jumping to take this advantage to provide customers with improved solutions. Since then, low-code platforms have increased in demand to cater this competition.

Author: Research and Markets

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Low-Code Development

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 2020 Stats

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88% of Fortune 100 companies use at least one Salesforce app.

Companies that switch to Salesforce CRM see a 25% revenue increase on average.

CRM systems have the potential to increase revenue by 29%.

It is estimated that the global CRM market’s value will grow by over 245% by 2028.

32% of customers will walk away from a brand they love after a single bad experience.

PWC found that the number of companies investing in the omni-channel experience has jumped from 20% to more than 80%

Companies with highly engaged employees outperform their competitors by 147%

51% of consumers feel it is important to get a personalized experience across all digital channels within a brand.

More than 60% of failed customer support calls could have been solved with better access to data.