Share this article Share this article ResearchAndMarkets.com's offering. According to this report the global drag & drop app builder software market was valued at US$ 790.39 million in 2019 and is projected to reach US$ 1,128.82 million by 2027; it is expected to grow at a CAGR of 4.6% from 2020 to 2027.The report highlights the key factors driving the market growth and prominent players with their developments in the market. The presence of developing economies such as India, South Korea, Malaysia, Indonesia, China, and Taiwan makes Asia a developing continent. Stable economies and technological advancements support a diversified range of industries and markets in the region. Asia is well known for technological innovations taking place in the countries mentioned above. Rapid developments, owing to technologies; initiatives from governments; and the digitalization of economies are among the factors propelling the region's overall economic growth and driving it from a developing to a developed phase. In addition, the region is characterized by vast industrialization, large population, rise in per capita GDP, and emerging economies.