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

Key Technology Shifts Driving the Low-code Development Platform Industry Key Technology Shifts Driving the Low-code Development Platform Industry Regulatory Push Accelerating Low-Code Adoption in Financial Services Strict regulations inEuropeand theAsia-Pacificregions 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...
HYDERABAD, India, (informazione.news - comunicati stampa - information technology)

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.

U.S. federal agencies are replacing outdated COBOL systems with low-code platform through streamlined procurement agreements.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

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.

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

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.

  https://www.mordorintelligence.com/industry-reports/low-code-development-platform-market?utm_source=prnewswire

The No-Code AI Platform Market, valued at USD 4.06 billion in 2025, is expected to reach USD 10.43 billion by 2030 with a 20.78% CAGR, driven by the need for accessible AI tools enabling businesses to develop AI solutions without deep technical skills.

Valued at USD 264.96 billion in 2025, the App Development Market is projected to nearly double to USD 543.13 billion by 2030, growing at a 15.42% CAGR, fueled by rising smartphone adoption, digital transformation, and demand for innovative apps.

 – The data science platform market is valued at USD 111.23 billion in 2025 and is expected to reach USD 275.67 billion by 2030, growing at a 21.43% CAGR. Growth is fueled by rising AI and ML adoption, demand for predictive analytics, and the need for scalable, data-driven decision tools.

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

 https://www.mordorintelligence.com/industry-reports/data-science-platform-market/companies?utm_source=prnewswire

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape.

This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.

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