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Research Report on low code industry in 2021 From IResearch consulting

The following is the Research Report on low code industry in 2021 From IResearch consulting recommended by recordtrend.com. And this article belongs to the classification: professional knowledge, research report, IResearch consulting.

Low code usually refers to apaas products, through providing a visual application development environment for developers, reducing or removing the demand of application development for native code writing, and then realizing a convenient solution to build applications. Therefore, low code platform is often referred to as apaas platform. In the past two years, the popularity of low code has soared, and various types of manufacturers, such as cloud computing manufacturers, traditional software manufacturers and SaaS product manufacturers, have entered the market one after another, hoping to occupy the high point of industry development.

The industry is still in the early stage of development. According to iResearch’s prediction, the market scale of China’s low code industry will reach 1.59 billion in 2020. In the next five years, with the maturity of low code technology and the accumulation of industry experience, more and more application scenarios will be explored, and the industry as a whole will maintain a compound growth of more than 50%. The research scope of this report mainly focuses on the independent low code development platform, analyzes the extension of apaas, zero code, BPM and other concepts related to low code, and has insight into the current business model, competitive situation and development trend, so as to provide reference and auxiliary decision-making for industry participants.

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