Over 50% of SMEs are expected to use low code as their primary platform for developing applications by 2022.

Statistic Info

Small businesses already have so much on their plate since there are so many hats you have to wear as a business owner. It makes sense why SMEs are moving to low-code rapidly since it takes one less task off of their shoulders.

Author: Fact.MR Report

More Related Stats

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 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.