The technology enables employees who may not have a technical background to become citizen developers, expanding opportunities beyond the traditional hiring pool or day-to-day workflow. Low-code development tools abstract away the more commonly used code base and replace it with a graphical user interface or visual “what you see is what you get” (WYSIWYG) interface to build an application. By 2023, low-code development is expected to be adopted by more than half of all medium- to large-sized companies. And the adoption of low-code software development platforms is growing by more than 20% a year, according to research firm Gartner.
In 2021, the global market for low-code development technology hit $13.8 billion in revenue. The second-largest reason for purchasing the software tools (39%) was “pandemic-related needs.” Low-code on the riseĪ January survey by research firm IDC of 380 enterprises showed that 49% of respondents are purchasing low-code or no-code platforms to move innovation in-house. “In my opinion, where this is all going is low-code development will just be table stakes for the business worker - just like personal productivity tools,” he added.
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