The low-code and no-code market is big and will get even bigger. What’s more, the addition of AI-based assistance to these tools could lead to even greater market growth.
The low-code and no-code market is worth $13.2 billion globally, with a growth rate of roughly 21% annually since 2019, according to research by Forrester analyst John Bratincevic. He says this growth stems from “the institutionalization of low code in IT,” with 87% of enterprise developers working with low-code and no-code tools or platforms. Citizen developers will triple the size of this market by 2030, he continues: “The democratization of development to workers outside of IT shows no signs of slowing down.”
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