Global Rapid Application Development Market Share

Statistics for the 2023 & 2024 Global Rapid Application Development market share, created by Mordor Intelligence™ Industry Reports. Global Rapid Application Development share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Team License

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Corporate License

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Market Share of Global Rapid Application Development Industry

The Global Rapid Application Development Market is moderately concentrated. Players in the market are launching new products, developing new technologies, and mergers & acquisitions to remain competitive. Some of the critical development in the market are:

  • June 2021 - TrailheaDX, Salesforce introduced the next generation of Salesforce Platform that includes a robust set of low-code development tools that can empower users within an organization, regardless of technical skill or role, to create and ship apps on a single platform.
  • March 2021 - Zoho released its new Creator platform. This all-in-one solution bridges the gap between business users and IT teams by delivering a low code and practical solution-building experience. With the recent release, the company aspires to empower IT teams and business users to build a more sophisticated, modern, and compliant solution. Zoho Creator is concentrating on becoming a low-code platform that is user-friendly, secure, and custom fit for solving various industry challenges.
  • January 2021 - Oracle announced its popular APEX low-code development platform as a managed cloud service that designers can use to quickly and easily build data-driven business applications. Oracle APEX Application Development extends on two decades of APEX functionality already used by 500,000 developers as an easy-to-use, browser-based service for developing modern Web and mobile apps.

Rapid Application Development Market Leaders

  1. Microsoft Corporation

  2. Oracle Corporation

  3. Salesforce.com Inc.

  4. IBM Corporation

  5. Amazon Web Service

*Disclaimer: Major Players sorted in no particular order

Rapid Application Development Market Concentration

Rapid Application Development Platform Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)