4 Low Code/ No Code Statistics That You Cannot Miss in 2021
Software development is slow & expensive as it is complex & requires hiring technical resources. Furthermore, most large-scale IT projects fail as demonstrated by numerous studies. Businesses are starting to take advantage of low-code platforms to develop & deploy apps by reducing the pressure on their IT teams by minimizing hand-coding & code to be maintained. With a low-code development platform, businesses can automate time-consuming manual coding processes & speed up their app delivery. However, not all #business problems are suitable for low code: simple, business-driven projects are a good starting point. According to @OutSystems, accelerating #digitaltransformation is the top reason most IT leaders chose a low-code platform, with 69% focusing on finishing the work of digital transformation. Interested in knowing whether Low-Code No-Code is the future of software development? Link to the complete article in the comments below ⬇️ #lowcode #nocode #coding #softwaredevelopment #technology
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4 Low Code/ No Code Statistics That You Cannot Miss in 2021
- 1. 4 Low Code/ No Code Statistics That You Cannot Miss in 2021
- 2. marutitech.com By 2024, low-code application development will be responsible for more than 65% of application development activity. (Gartner) LOW CODE MARKET FORECAST
- 3. marutitech.com The global low-code development platform market is predicted to generate a revenue of $187 billion by 2030, rising from $10 billion in 2019, and is expected to advance at a fast pace, 31% CAGR, during the forecast period. (GlobeNewswire) LOW CODE MARKET FORECAST
- 4. marutitech.com By 2024, 75% of large enterprises will be using at least four low-code development tools for both IT application development and citizen development initiatives. (Gartner) LOW CODE MARKET FORECAST
- 5. marutitech.com DID YOU KNOW? Nearly 60% of all custom apps are now built outside the IT department. Of those, 30% are created by employees with either limited or no technical development skills. (451 Research)
- 6. INSIGHTFUL, RIGHT? DO YOU KNOW SOMEONE WHO NEEDS TO SEE THIS? Tag someone who needs to see this!