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Low-code: a roundup of key figures

Low-code platforms are rapidly gaining popularity among businesses of all types and sizes, as they make it easier to develop software and automate processes without requiring in-depth programming knowledge. Below are some interesting figures that demonstrate how low-code platforms can have a significant impact on the way businesses develop software and automate processes. With faster development times, lower costs, and higher efficiency, businesses can increase their competitiveness and adapt to the rapidly changing business environment.

  • According to Gartner, the market for low-code development platforms will be worth $21.2 billion by 2025, compared to $4.32 billion in 2017.

  • A Forrester survey found that 47% of companies use or plan to use low-code platforms.

  • A Salesforce survey found that 78% of IT decision-makers believe that the demand for custom software has increased in the past two years. Low-code platforms can help meet this demand.

  • A G2 Crowd survey found that the most common use case for low-code platforms is automating business processes, followed by building internal tools and mobile applications.

  • An OutSystems survey found that low-code platforms can help reduce application development time by 6.5 times and accelerate time-to-market by 4.5 times.

  • According to a Creatio survey, low-code development can reduce application implementation costs by 70% and accelerate development time by 4 times.

  • A Forrester survey found that low-code platforms can lead to a 74% reduction in development costs while shortening time-to-market by 90%.



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