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Low Code Market Size: Prepare for a Low-code/No-Code Tsunami

Low-code/no-code platforms are increasingly popular, but it's only the early stages of the low-code and no-code app builder market catching fire. This technology market's simplicity, effectiveness, and ability to build business-changing applications quickly, will transform enterprises and the way software is written.

Paul Gillin of Computerworld on dramatic growth of the low code marketSo concludes Paul Gillin’s Computerworld article, “Low-code/no-code yields solutions that fit.” He points to a Gartner market report that concluded that by 2024, 80% of technology products and services will be built by people who are not technical professionals.

He also noted that Gartner says low-code/no-code tools will be used to build 65% of new applications by 2024. And Verified Market Research, he added, says the low-code/no-code market will “grow by more than 44% annually through 2026.”

Gartner data on the low code software market

The Low-Code Market is expected to grow by more than 44% annually through 2026. - Gartner

The Low-code Market is Evolving

He points out that low-code/no-code is not all that new. He writes: “The rise of the citizen programmer has been ongoing for decades. Spreadsheet macros turned millions of financial professionals into amateur programmers in the 1980s. Visual Basic and PowerBuilder won legions of business-side fans 20 years ago. Application program interfaces (APIs) have more recently spawned services like IFTTT and Zapier that let people stitch together web services in unique ways.

“This phenomenon will only gather steam as artificial intelligence torques the sophistication of software that users create themselves and a new breed of tech-empowered employees moves into the workplace.”

Factors Impacting the Low Code Development Platform Market

A number of factors are accelerating low-code market growthA number of factors are accelerating global low-code development growth, he says. A big one is a changing workforce. He quotes Rajesh Kandaswamy, chief of research for Gartner as saying there is “an entire generation coming into the workforce that assumes that the world is fully connected.”

This workforce has grown up with technology and is used to tools that don’t require a high level of programming expertise. And they’re interested in getting their hands dirty by building solutions themselves.

He writes, “This cohort has already given birth to radical new concepts like decentralized finance and the crowdsourced investing campaign that drove up the shares of retailer GameStop nearly tenfold in two weeks earlier this year. A connected generation has no qualms about building solutions to its problems.”

Increasing low code market growthHe concludes that the widespread adoption of low-code/no-code is inevitable because of the skyrocketing need for apps, and the inability of IT to deliver them. He says: “The status quo, in which people sit on their hands waiting for a central IT organization to outfit them with the tools they need to work, is crumbling. There is no way that model will scale to support the 500 million software apps and services that IDC expects businesses will deploy over the next two years.”

Ultimately, he says, “Citizen development will change today’s enterprises no less than electric motors transformed factories a century ago.”

The Best No-Code/Low-Code Platform for You

Low code market and no-code marketAlpha Software offers the best no-code/low-code application platform for building mission-critical applications and more. This software development package includes enterprise-level security and integrations with data sources and other applications. A single platform can deliver no-code and low-code.

Alpha TransForm no-code software helps enterprises craft online or offline mobile apps in minutes that utilize the latest mobile features (camera, GPS, etc.) for fast, accurate data capture. Learn more about Alpha TransForm and try it free for 30 days.

Alpha Anywhere low code app development software helps business users craft online or offline mobile apps in minutes that utilize the latest mobile features (camera, GPS, etc.) for fast, accurate data capture. 

Alpha Anywhere is a recognized vendor in the low code marketIf you need to take apps further, Alpha Anywhere low-code development software has the unique ability to rapidly create mobile-optimized forms and field apps that can easily access and integrate with any database or web service and can exploit built-in role-based security or robust offline functionality. Build apps for free with Alpha Anywhere Community Edition.

Further reading:

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About Author

Amy Groden-Morrison
Amy Groden-Morrison

Amy Groden-Morrison has served more than 15 years in marketing communications leadership roles at companies such as TIBCO Software, RSA Security and Ziff-Davis. Most recently she was responsible for developing marketing programs that helped achieve 30%+ annual growth rate for analytics products at a $1Bil, NASDAQ-listed business integration Software Company. Her past accomplishments include establishing the first co-branded technology program with CNN, launching an events company on the NYSE, rebranding a NASDAQ-listed company amid a crisis, and positioning and marketing a Boston-area startup for successful acquisition. Amy currently serves as a Healthbox Accelerator Program Mentor, Marketing Committee Lead for the MIT Enterprise Forum of Cambridge Launch Smart Clinics, and on the organizing team for Boston TechJam. She holds an MBA from Northeastern University.

The Alpha platform is the only unified mobile and web app development and deployment environment with distinct “no-code” and “low-code” components. Using the Alpha TransForm no-code product, business users and developers can take full advantage of all the capabilities of the smartphone to turn any form into a mobile app in minutes, and power users can add advanced app functionality with Alpha TransForm's built-in programming language. IT developers can use the Alpha Anywhere low-code environment to develop complex web or mobile business apps from scratch, integrate data with existing systems of record and workflows (including data collected via Alpha TransForm), and add additional security or authentication requirements to protect corporate data.