A low-code platform enables the development of applications with minimal coding. In other words, it requires less programming knowledge and provides greater convenience for users.
According to Fortune Business Insights, the low-code app market is projected to grow rapidly. Currently valued at USD 37 billion, the segment is expected to grow at a rate of 32.2% per year over the coming years.
The market is expected to reach USD 264 billion by 2032. This growth comes at a time when the shortage of software developers is worsening, while demand for digital solutions across businesses continues to rise.
Demand for low-code apps is growing
In the corporate world, Low-Code Development Platforms (LCDPs) simplify business operations. Research by Fortune Business Insights shows that this model has become essential for many commercial activities, as it enables companies to carry out projects at lower costs.
The challenge is even greater for small and medium-sized businesses, which often operate with tighter budgets. For them, platforms that require less technical expertise offer a clear advantage.
North America, particularly the United States, leads investment in the sector. Analysts point to the region’s strong SME revenues and rapid digitalization in recent years as key drivers of this trend.
Key advantages of low-code apps
The use of low-code platforms is gaining traction worldwide, thanks to a range of benefits, including:
- Time savings: allows applications to be developed in fewer steps and with less technical effort.
- Flexibility and adaptability: platforms adjust to the specific needs of each business.
- Streamlined processes: automates tasks and integrates systems to speed up internal workflows.
- Simplified development: makes app creation easier, even for users with no programming background.
- Lower costs: reduces the need for large development teams and long timelines.
Include the use of data analytics tools to speed up internal workflows. Additionally, these platforms simplify development even for users with no programming backgrounds.
Shortage of developers affects businesses
The global shortage of skilled software developers is a growing concern. In the United States, the Department of Labor Statistics estimates that this shortage could result in up to USD 8.4 trillion in lost revenue by 2030.
To successfully integrate a low-code app into business operations, it is advisable to work with a specialist such as a FileMaker Consultant, as platforms like FileMaker are among the most widely used for custom app development.
However, adopting this approach requires attention to several key steps:
- Define the objective: clearly identify the problem the app is meant to solve.
- Choose the right platform: evaluate available options based on project needs.
- Start with a basic project: test features and functionality on a small scale first.
- Customize as needed: adjust design and functions to match the intended use.
- Follow best practices: seek tips and guidelines to get the most from the platform.
- Test and refine: review the app thoroughly, fix issues, and enhance the user experience.
While having a basic understanding of technology remains helpful, low-code development continues to gain momentum due to the practicality it brings to companies. As a result, demand for these solutions is expected to keep growing in the years ahead.