You might be familiar with the phrase "no-code." This term usually refers to using a drag-and-drop interface when programming applications. Programming in no code is also known as low code development, and this concept has been on the rise since the recent years.
The idea behind no code is to build software applications using a graphical user interface or drag-and-drop interface with minimal coding skills from the user side. Thus, no-code allows anyone to quickly create elegant apps with an attractive UI without having to write any lines of computer code.
According to industry reports, there has been a steady increase in the adoption rate of No-Code Low-Code tools in recent years. As of 2021, over 60% of organizations use No-Code Low-Code platforms for app development.
A recent report by Gartner predicted that the low-code development technology market was at an estimated $13.8 billion in 2021 which was a remarkable surge of 22.6% from 2020. Besides, it projected that over 65% of all development activities are expected to be related to low-code application development by 2024.
Another market research conducted by MarketsandMarkets predicts that globally no-code development platforms will increase from $4.32 billion in 2020 to $13.17 billion by 2025. The predicted period will result in a Compound Annual Growth Rate (CAGR) of 25.1%, indicating growth for no-code industry.
Ascertaining the reasons for this surge is of utmost importance.
The demographics of No-Code Low-Code users vary as companies have non-technical users, business analysts, and even HR professionals creating apps on such platforms. With the growth of remote work in the last year, there has been a growing demand for employees to have basic programming skills, leading to increased adoption of No-Code Low-Code development tools.
A survey conducted by OutSystems revealed that 41% of respondents already used low-code platforms in 2020, and 10% planned to adopt them within the next 12 months.
Regarding industry usage, a report by Forrester found that the financial services sector leads the way in low-code adoption, with 45% of organizations using these platforms. Healthcare and insurance follow closely, with 42% and 41% adoption rates, respectively.
2023 every organization will launch an average of 50 low and no-code applications in a year. The enterprise and government sectors will increase their investments in application development and adopt the technologies faster, increasing deployments from a combined growth rate of 13% to 24%.
Usage is high in terms of every region. Among the Asia Pacific no-code/low-code users, China and India have the largest adoption rates at 65% each, with less than 4% usage in Japan.
No-code and low-code platforms have a significant impact on developer productivity. According to a study by Forrester, developers using low-code platforms can deliver applications ten times faster than traditional development methods.
A study by Forbes found that at least 25% of developers working on low-code platforms experienced productivity increases of more than 25%. According to research by TechPro Research, organizations that use no code or low code development, with over five developers, experienced an average savings of $3.5 million in development expenses annually.
A survey by OutSystems found that 80% of IT leaders believe low-code platforms can help reduce the time it takes to deliver applications by at least 50%. Additionally, 46% of respondents reported that low-code platforms have helped them deliver applications in less than three months.
Non-technical individuals can utilize no-code/low-code tools to make application development easier. Let's look at the demographics of the people who utilize these technologies.
To begin with, no-code/low-code products are not solely for techies. People with varied backgrounds, from sales to marketing to operations, have adopted these tools. Due to this, no-code/low-code users are often called Citizen Developers.
The usage of no-code/low-code is advantageous not just because it is simpler but also because it accelerates the development process. Users claim higher productivity, increased efficiency, and lower development costs as the primary reasons for investing in these solutions.
These tools are versatile, and their use is spreading from small startups to larger enterprises. Common applications include internal tooling, customer-facing applications, and workflow automation. For example, low code is used in manufacturing to automate workflows and enhance inventory management.
Undoubtedly, low-code/no-code application development is becoming more popular each day. Furthermore, as remote work continues to flourish, these tools are poised for widespread adoption.
Let's dive into the efficiency and productivity aspect of No-Code Low-Code tools. One of the most frequently mentioned advantages of No-Code Low-Code development is the time and money saved.
Traditional development has a high learning curve and needs extensive training, but No-Code Low-Code technologies make development more streamlined and intuitive. This leads to faster project completion times and a more productive team.
Moreover, No-Code Low-Code tools allow for more agile development. Traditional development can be a waterfall process, with each phase dependent on the previous one. With No-Code Low-Code, you can easily iterate and make changes on the fly without starting over completely.
Budding developers can also benefit from No-Code Low-Code tools, allowing non-technical team members to take on development tasks. With these tools, anyone with basic technical knowledge can take charge of projects that previously required a dedicated development team. This leads to greater productivity, as more team members can contribute to the development process.
While some claim that traditional development provides greater fine-grained control over the end output, the fact is that No-Code Low-Code solutions enable more coherent and consistent development. Furthermore, No-Code Low-Code allows you to interact with APIs and other third-party technologies, resulting in a more robust end product.
The No-Code Low-Code market has seen impressive growth with the rise of remote work. Overall statistics show a significant increase in the adoption of No-Code Low-Code tools across various industries with revenue growth to match. User statistics reveal a diverse demographic, with the most common reasons for adoption being ease of use and speed of delivery. The impact on efficiency has been positive, with productivity gains for citizen developers. As technology advances, No-Code Low-Code tools will remain an essential aspect of development in the future. Email us at firstname.lastname@example.org to know our commitment to make a difference in the no-code industry.