Recent data forecasts by market research and advisory firm Gartner provided a range of insights onto the potential market shifts we may see in the worldwide in the form of low-code app market growth in 2021.
A surge in remote development boosted the adoption of low-code development technologies during 2020 is expected to continue in 2021 where Gartner forecast the worldwide low-code development technologies market is projected to total $13.8 billion in 2021, an increase of 22.6% from 2020.
“While low-code application development is not new, a confluence of digital disruptions, hyper-automation and the rise of composable business has led to an influx of tools and rising demand”, said Fabrizio Biscotti, research vice president at Gartner.
Low-code application platforms are expected to remain the largest component of the low-code development technology market through 2022, increasing nearly 30% from 2020 to reach $5.8 billion in 2021.
The increased demand for custom software solutions in support of digital transformation is putting pressure on IT leaders to dramatically increase application delivery speed and Time to Value which has influenced the rise in low-code through its availability to employees outside of IT.
Currently 41% of employees outside of IT are involved in the development of low-code solutions and Gartner predicts that half of all new low-code clients will come from business buyers that are outside the IT organisation by year-end 2025.
“Globally, most large organisations will have adopted multiple low-code tools in some form by year-end 2021. In the longer term, as companies embrace the tenets of a composable enterprise, they will turn to low-code development technologies that support application innovation and integration”, said Mr. Biscotti.
Business technologists want to create and execute their own ideas to drive more automation across their business applications and workflows. The needs of business-driven hyper-automation will be one of the top three drivers for low-code adoption through 2022.
Learn more about these forecasts in the report Low-Code Development Technologies.