Low-code development has revolutionized the way businesses build software, empowering both developers and non-technical users to create and deploy applications faster than ever. In this article, we'll dive into the latest low-code statistics, its impact on businesses in 2026, and future predictions for this rapidly evolving technology.
The Rise of Low-Code Development
The growth of the low-code market is undeniable, with a projected value of $187 billion by 2030. By 2024, low-code tools will be responsible for over 65% of application development, and by 2023, over 500 million apps and services will be developed using cloud-native approaches.
Why Low-Code Solutions are Imperative
No-code and low-code platforms help reduce app development time by 90%. Additionally, 70% of new business applications will use low-code/no-code technologies by 2026. The low-code platform market is projected to reach $36.43 billion by 2027.
Market Adoption
Companies of all sizes are integrating low-code solutions, making app development more accessible. By 2024, 80% of non-IT professionals will develop IT products and services, with over 65% using low-code/no-code tools. Compared to conventional app-building platforms, no-code solutions consume 70% fewer resources.
Low-Code Market Forecast
The global low-code development platform market is predicted to generate a revenue of $187 billion by 2030, rising from $10 billion in 2019. The average forecasted market size is expected to grow from US$ 16.1 billion in 2021 to US$ 84.8 billion by 2027, at a CAGR of 31.9%.
Stats on Challenges with Low-Code Adoption
Despite the benefits, security, scalability, and integration remain key concerns for businesses adopting low-code solutions. While 4 out of 5 businesses in the US currently use low-code, there are still 20% that do not. Worldwide, that number is 23%.
AI-Powered Low-Code Adoption Trends
AI integration in low-code platforms is rapidly increasing, with forecasts showing that up to ~80 % of new applications by 2026 will incorporate AI features such as natural-language prompts, predictive workflows, and automated quality checks.
Conclusion
Low-code development has transformed the software industry, providing businesses with a faster and more efficient way to build applications. As the market continues to grow, it's essential for companies to stay ahead of the curve by adopting low-code solutions that integrate AI features. Whether you're a developer, business owner, or just curious about low-code, this article has provided key insights into its present and future.