The market for low-code development platforms is witnessing exceptional growth globally. This growth is driven by growing demand for rapid application development, digital transformation initiatives, and the democratization of software development. These platforms enable companies develop applications with minimal hand-coding, which saves time and money. As businesses strive for agility and efficiency, low-code platforms have become essential tools in the modern software development landscape. According to a recent research study, the market is set to grow significantly in the coming years with projections estimating the market growth at a CAGR of 25.85% from 2025 to 2031.
What is a Low-Code Development Platform?
A Low-Code Development Platform is a software development environment that enables users to build applications with minimal hand-coding. It uses a visual interface featuring drag-and-drop tools, pre-built templates, and logic workflows, making it easier and faster to create apps compared to traditional coding methods. Furthermore, these platforms are mainly useful for citizen developers, individuals without formal programming skills, as well as professional developers looking to accelerate deployment. Moreover, low-code development platform helps organizations quickly respond to business needs, automate processes, and reduce development time and costs.
Market Trends Driving Growth
The low-code development platform market is primarily driven by the growing demand for rapid application development as businesses strive to respond swiftly to dynamic market conditions. These platforms significantly shorten development cycles by enabling faster deployment of applications through visual development tools. For instance, according to a recent study, No-code and low-code platforms help reduce app development time by 90%. Additionally, the widespread push for digital transformation initiatives across industries has accelerated the adoption of low-code solutions, as organizations seek to enhance operational efficiency, improve customer engagement, and stay competitive.
A major factor contributing to this shift is the global shortage of skilled developers, which has prompted companies to empower non-technical staff, or citizen developers, to contribute to application creation through user-friendly low-code interfaces. For instance, according to recent research study, around 80.5% of non-IT professionals will develop IT products/services in coming years, and more than 65% of them will use low-code/no-code tools. Moreover, the cost-efficiency of low-code platforms is appealing to businesses aiming to optimize IT budgets, as these platforms minimize the need for large development teams and reduce reliance on complex custom coding. As a result, rapid application development needs, digital transformation initiatives, shortage of skilled developers, and cost efficiency are the major factors propelling the robust growth of the low-code development market worldwide.
Key Strategic Moves
Zoho Launched advanced AI capabilities in its low-code development platform
In April 2025, Zoho Corporation launched new AI-powered services and features within its low-code application development platform namely, Zoho Creator, reinforcing its commitment to advancing practical and secure AI tools for business users. These enhancements aim to enable organizations to build smarter, more responsive applications with real-time insights and automation, without extensive coding expertise. By integrating AI into its low-code ecosystem, Zoho is addressing the growing demand for agile, data-driven solutions across industries. This move not only strengthens Zoho’s competitive position in the low-code development market but also accelerates the adoption of AI-enabled digital transformation among small and mid-sized enterprises globally.
FPT Partners with OutSystems to Strengthen Low-Code Offerings
In November 2024, FPT, a global IT firm entered into a strategic three-year partnership with OutSystems, a leader in high-performance low-code application development. Under this agreement, FPT will serve as a reseller and delivery partner for OutSystems in the South Korean market, enabling businesses in the region to access cost-efficient, rapid software development solutions. By leveraging OutSystems’ advanced low-code platform, FPT aims to enhance its service offerings with faster application development, prototyping, and deployment, helping clients accelerate time-to-market. Moreover, this collaboration is poised to drive digital transformation across South Korea’s enterprise sector, boosting competitiveness and innovation through scalable, agile software solutions.
Neptune Software and KPS AG Partnership
In January 2024, Neptune Software partnered with KPS AG, a leading consulting firm for customer-centric digital transformation, to deliver an advanced solution for cross-industry enterprise application development. Furthermore, this collaboration leverages Neptune’s robust low-code development platform to enable rapid digitalization and optimization of business processes and user interfaces, particularly within the SAP ecosystem. The partnership aims to accelerate the adoption of customized, scalable enterprise applications across industries by combining KPS AG’s transformation expertise with Neptune’s agile development capabilities. Moreover, this strategic move will strengthen Neptune’s position in the low-code market and drive broader digital transformation initiatives among SAP-centric enterprises.
N-iX partners with Mendix
In March 2023, N-iX, a global software development leader, became an official partner of Mendix, a top-tier low-code platform recognized by both Forrester and Gartner. This strategic partnership enhances N-iX’s capability to deliver domain-specific low-code solutions by leveraging Mendix’s robust development environment. Furthermore, through this collaboration, N-iX is positioned to build customized applications and components tailored to specific business requirements, accelerating digital transformation for clients across industries. The move supports the growing demand for low-code platforms and positions both companies to expand their footprint in the rapidly evolving enterprise software market.
The Path Ahead
The global low-code development platform market is set for significant growth, driven by the need for rapid application development, digital transformation, and the democratization of software development. As organizations seek nimble and cost-effective solutions, low-code platforms will play a fundamental role in shaping the future of application development.
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