Low-code Development Platform Industry Overview
The low-code development platform market is moderately fragmented, with the presence of many players, significant governance challenges globally, and smaller vendors cumulatively holding a substantial market share. The market vendors with deep pockets are actively involved in strategic M&A activities, while small companies are involved in product innovation strategies to gain market share.
- July 2024: Infragistics, a significant global provider of tools and solutions to accelerate design and development, announced an array of new features in “App Builder,” the essential cloud-based WYSIWYG drag-and-drop low-code tool that enables all skill levels, from professional and novice developers to business stakeholders and decision-makers, to create modern business web applications quickly.
- March 2024: Amadori, an Italian agribusiness company, turned to Appian to spearhead its digital business transformation. By harnessing the Appian Platform, Amadori has constructed a technology infrastructure that is faster, more flexible, and future-ready. Over nearly a decade of collaboration, Amadori has effectively revamped and modernized several business operations, capitalizing on Appian's advanced automation and data fabric features.
Low-code Development Platform Market Leaders
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Salesforce.com Inc.
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Microsoft Corporation
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Appian Corporation
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Oracle Corporation
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Pegasystems Inc.
- *Disclaimer: Major Players sorted in no particular order
