Low-code/no-code platforms allow non-technical or minimally technical users to develop applications through a drag-and-drop visual interface rather than traditional hand-coding. They are forecast to account for 65% of application development by 2024. Low-code offers both speed and lower costs than traditional development while also providing pre-built security and integration features. No-code platforms can be used by those without coding skills but may increase technical debt issues, while low-code allows more customization but requires some development knowledge. The global low-code market is expected to reach $86.92 billion by 2027, growing at a 22.7% CAGR, driven particularly by increased mobile app development.
2. Content
• Low Code/No code - Snapshot
• How does it works ?
• Low Code Vs No Code
• Low Code/No Code – Market
• Key Takeaway Points
2
3. Cover 65% of App Development
Market by 2024
Market
GUI + Third Party APIs
Tools
App building by drag/drop
Approch
Platform as a Service
Low Code/NoCode
• A low code/no code is an agile PaaS(Platform as a service) which provide no code or
few codes to develop a mobile/web application. In other words, it provides an
environment where components can be dragged/dropped and stitched together to
create a running application.
• The approach allows professional developers to more quickly build applications by
relieving them of the need to write code line by line.
• Also, they give independence to people like business analyst, small business owners to
build and test an application without knowing coding skills.
• A developer gets access to user-friendly GUI and third party APIs which can be hooked
and tested together.
• Analysts at Forrester Research Inc. forecast that the low-code market will reach $15
billion by 2020.
• And Gartner, estimated that low-code application development will account for 65%
of all application development activity by 2024
Low Code/No code - Snapshot
4. How it works ?
01
Hides Coding behind the scene.
Provides platform users visual tools to
manipulate and quickly build apps.
02
Allow drag and drop with in platform to create
the desired computerized workflow.
Also allow for experimenting, prototyping, testing
and deployment.
03
It is similar to dropping visual boxes in a
process flowchart rather writing line by
line code
04
This app development work is sometimes
called click development or point-and-click
development
5. Low Code Vs No Code
Low Code No Code
Focuses on developers with any level of coding skills.
Focus on people who may not have coding skills but they develop
apps for use cases
Developer can focus on creating the 10 percent of an application that
makes it different, and leaving the routine coding to the low-code
tool or platform
Similar to blogging platforms and e- commerce design platforms which
have prebuild pages and templates to launch a blog and business in
minutes.
Advantages:
• Speed and Lower Cost – Fast build time & lower cost for
development.
• Low Risk/High ROI - Robust security processes, data integration,
and cross-platform support are already built in and easily
customizable.
• One Click Deployment - A single click for sending application to
production.
Advantages:
• Speed and Lower Cost – Faster build time & lower cost for
development.
• No Training- No or little training is required to develop an app.
• Low Risk Development– Development without hampering on-going
critical projects.
Disadvantages:
• Development Skills - Low code requires development skills.
• Enterprise Application – Low code tools are may not enough to
develop complex Enterprise Applications.
• Performance & Scalability : Scalability, high quality, high
performance, and other non-functional requirements are not
always easy to meet with low-code.
Disadvantages:
• Shadow IT- People may develop apps/platforms without
supervision or consideration.
• Technical Debt – Security concerns, compliance issues, integration
problems, apps that use more resources than necessary, may
increase technical debt.
Although there is very thin line between low code and no code, differentiation between them is given below:
6. Low Code/No Code - Market
01
The global low code application development platform market size
is expected to reach USD 86.92 billion by 2027 as per a report by
PRNewswire.
02 The low code application development market was $11.45
bn in 2019, have CAGR of 22.7% in 2020-27
03
On-premise emerged as the largest segment in 2019 & is
estimated to generate revenue of over USD 44.27 billion
by 2027.
04
Mobile-based application segment is expected to
reach over USD 35 billion by 2027 growing at the
fastest CAGR over the forecast period.
06
As per Gartner’s magic quadrant published in September
2020 - Salesforce, Outsystems, Microsoft, Mendix, Appain,
ServiceNow are considered to be leaders in Low Code space
05
Gartner predicts that low-code application development
will account for 65% of all application development
activity by 2024
7. Key Takeaway Points
Low Risk/High ROI: Robust security processes, data integration, and cross-platform support are
already built in and easily customizable.
Fast learning curve : Faster learning curve saves a lot of time and expenses made on training
Reduced costs: Developers are expensive. Good developers are even more expensive. No-
code platforms somehow allow to replace developers with people without a technical
background;
Better Agility & Productivity: Thanks to web-apps built with help of user interface and pre-
built components, it is faster to build apps. It also allows an organization to be more agile;
Future Technology: Every management wants to invest in future ready technology. It is
predicted that low code app development will cover 65% of app development market by 2024
8. Sources
• Snapshot – Click Here
• How Does it work – Click Here
• Low Code Vs No Code – Click Here
• Market – Click Here 1, Click Here 2
• Key Takeaway Points – Click Here
