One of the areas that I am really interested is the low code development ecosystem. In one of my coding tutorials here, I have used anvil.works framework which is a partial low code environment, as it uses visuals components to build the User interface, but it requires python coding on the server and client side. Examples of low code platforms are Mendix, Flipset and one of my favorites that I have started using the DashDash.
Now, let’s dig in this interesting low code development ecosystem!
Low code allows developers of all levels of experience to create web and mobile applications through graphical user interfaces with drop and drag factors and model logic by GUI. The low-code platform takes out the need for non-technical developers to write code . It also support professional developers through designing the pipeline and tasks of infrastructure necessary to develop applications. The developers of the business and IT department rarely work together to create, reproduce, and publish applications while using traditional methods. The low code application development can produce different types of applications for multiple use cases. These types of applications include upgrading previous applications to smart applications that support online applications.
On a low-code platform, you don’t have to write programs line by line, and you don’t have to design applications to draw a diagram. This makes developing powerful new applications fast and intuitive. Lets now see the low code development ecosystem as a market.
The market of the low code development ecosystem
It is stunning to hear the market for 2020, the global platform of low-code development had a market value of $ 13.2 billion. It is expected for reaching $ 45.4 billion by the year of 2024 and will grow at the CAGR of 28.1% over the period of forecast. The growing explosion of the internet, the popularity of smartphones, and the growing demand for online and mobile applications for business processes are some of major features in the global market.
Future of low code development ecosystem
The digitization of several business processes including operations, human resources, and sales offers many opportunities to create value. In 10 years, digital transformation in an industry could generate about $ 100 trillion in value, reflecting the great development opportunities provided through digital transformation. With a platform of low-code development, companies can quickly develop mobile and web applications to ensure the digitization of business processes. Artificial intelligence has become an important part of digital transformation because it can anticipate trends, allowing companies for using these predictive analytics for making informed decisions. Low-key solutions with capabilities of AI can develop AI-based apps for a variety of business processes that are simple and intuitive.
Because of the increasing demand for implementation and integration, especially on data and analytics, the low code will grow quickly.