Low-Code Development Platform Market Worth $67Bn by 2030 & growing at over 20% CAGR as AI & Cloud Adoption Keep Rising: Mordor Intelligence

HYDERABAD, India, Oct. 24, 2025 /PRNewswire/ -- According to the latest analysis by Mordor Intelligence, the low-code development platform market is valued at USD 26.30 billion in 2025 and is projected to reach USD 67.12 billion by 2030, growing at a CAGR of 20.61%. As organizations increasingly adopt hybrid and multi-cloud strategies, low-code tools are becoming essential for modernizing legacy systems, enabling API-driven ecosystems, and improving operational agility. The report highlights that the market is further driven by the adoption of AI-powered automation, composable architectures, and citizen development initiatives, which help reduce IT backlogs and enhance enterprise-wide productivity.

Growth is further driven by the increasing demand for faster digital transformation and the shortage of skilled developers. Low-code platforms empower both technical and non-technical users to design, test, and deploy applications with minimal manual coding, significantly reducing development time and accelerating delivery.

Key Technology Shifts Driving the Low-code Development Platform Industry

Regulatory Push Accelerating Low-Code Adoption in Financial Services

Strict regulations in Europe and the Asia-Pacific regions are compelling banks and insurers to adopt low-code platforms. These platforms help financial institutions comply with data access, audit trail, and reporting requirements while supporting agile, modular architectures needed to respond quickly to changing regulations.

Government-Driven Legacy Modernization via Low-Code Procurement

U.S. federal agencies are replacing outdated COBOL systems with low-code platform through streamlined procurement agreements. This approach is becoming a standard for rapid modernization in the public sector, with compliance certifications granting vendors privileged access to growing government contracts

Generative AI Integration Slashing Development Times

Low-code platform increasingly embed generative AI capabilities to automate coding tasks like model generation and testing. This integration significantly speeds up development cycles, attracts a broader range of users, and reinforces the rapid expansion of the low-code market.

Segmentation of Low-code Development Platform Market

By Component

• Platform
• Services

By Application Type

• Web-Based
• Mobile-Based
• Desktop / Server-Based
• API-Centric & Micro-Services

By Deployment Mode

• Cloud
• On-Premise

By Organization Size

• Small and Medium Enterprises (SMEs)
• Large Enterprises

By Industry Vertical

• Banking
• Financial Services and Insurance (BFSI)
• Retail and E-commerce
• Government and Defense
• Information Technology and Telecom
• Healthcare and Life Sciences
• Manufacturing
• Energy and Utilities
• Education
• Media and Entertainment
• Others (Transportation, Real Estate)

By Geography

North America: United States, Canada, and Mexico
South America: Brazil, Argentina, and the Rest of South America
Europe: United Kingdom, Germany, France, Italy, Spain, the Nordics, and the Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, and the Rest of Asia-Pacific
Middle East and Africa: South Africa, Saudi Arabia, United Arab Emirates, Nigeria, and the Rest of the Middle East and Africa

Low-code Development Platform Market Trends by Geography

North America continues to lead adoption, with government initiatives and a strong venture ecosystem driving modernization projects and innovation in low-code solutions.

Asia-Pacific is emerging rapidly, supported by regulatory encouragement, digital transformation programs, and the integration of low-code in enterprise and public-sector workflows.

In Europe, evolving compliance requirements and policy frameworks are pushing organizations to accelerate automation and low-code adoption, while businesses experiment with innovative applications across industries.

LCDP Company Profiles

• Microsoft Corporation
• Salesforce Inc.
• Appian Corporation
• Oracle Corporation
• Mendix (Business of Siemens)
• OutSystems Inc.
• ServiceNow Inc.
• Magic Software Enterprises Ltd.
• Quickbase Inc.
• Zoho Corporation
• Clear Software LLC
• Temenos (formerly Kony Inc.)
• AgilePoint Inc.
• Betty Blocks B.V.
• Creatio Global
• Kissflow Inc.
• Nintex Global Ltd.
• GeneXus International SA
• LANSA Inc.
• Newgen Software Technologies
• WaveMaker Inc.

For a full breakdown of low-code development platform market size, segmentation data, and competitive intelligence, access all details of Mordor Intelligence report at: https://www.mordorintelligence.com/industry-reports/low-code-development-platform-market?utm_source=prnewswire

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IBM Corporation, Google LLC (Alphabet Inc.), Microsoft Corporation, SAS Institute Inc., Alteryx Inc are the major companies operating in this market.

Read more about companies active in data Science platform at: https://www.mordorintelligence.com/industry-reports/data-science-platform-market/companies?utm_source=prnewswire

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SOURCE Mordor Intelligence Private Limited