Gartner Forecasts Worldwide Low-Code Development Technologies Market to Grow 20% in 2023
Business Technologists, Hyperautomation and Composability Will Drive Low-Code Technology Adoption Through 2026.
Source: pressreleasepoint.com
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Spurred by COVID, low-code market enters hypergrowth, says Gartner
SHARE The worldwide market for low-code development tools will grow nearly 23% this year, to $13.8 billion, driven in part by a surge in do-it-yourself projects initiated in response to the COVID-19 pandemic. That’s according to Gartner Inc. research released today, which also says a similar growth rate will propel the market to nearly $17 billion in 2022. “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,” Fabrizio Biscotti, research vice president...
Source: siliconangle.com