As companies compete with competitors to deliver new applications and optimize business processes, Gartner predicts sales of low-code development technologies will grow 19% over the next four years to $44.5 billion. 2026.
Democratization, hyperautomationand modular systems and business initiatives will be key drivers in accelerating the adoption of low-code technologies, according to Gartner. The concept of composable business strategy requires organizations to decompose services and processes into microservices or packaged business capabilities, and create new offerings by merging these building blocks.
Low code development The technologies enable business users and citizen developers with little or no coding experience to develop applications based on business needs. It is usually a simple drag and drop with pre-written program code that can be easily customized, depending on the user’s needs.
Citizen developers drive growth
By 2026, developers outside of formal IT will represent at least 80% of the low-code development tools user base, up from 60% in 2021, due to a host of citizen development initiatives and leadership-sponsored democratization, notes Gartner.
“The high cost of technology talent and a growing borderless or hybrid workforce will drive adoption of low-code technology,” Gartner analyst Jason Wong said in a press release. Release.
With the flexible, intuitive, and self-service capabilities of low-code development tools, enterprise technologists and citizen technologists develop “lightweight solutions to meet business unit needs for productivity, efficiency, and agility; often in fusion teams,” he adds.
Other than that, citizen innovators also continue to leverage tools to grow, automate, and integrate their data, forms, and workflows.
Gartner breaks down the low-code technology market into different categories based on the use of low-code environments. The categories are:
Low-code application platforms (LCAPs) are expected to be the largest component of the low-code developer technology market, growing 25% to nearly $10 billion in 2023, Gartner notes. LCAPs only require text input for simple formulas or expressions.
Citizen Automation Development Platforms (CADPs), while not the largest segment of the low-code market, are expected to see the fastest growth, with a forecast growth of 30.2% for 2023.
Typical use cases for BCPs include automating personal workflows and business units; create web and mobile forms for employees, partners and customers; linking data and content across multiple SaaS apps; and create reports and data visualizations within the platform to improve productivity, according to Gartner.
75% of applications will be built on low code
By 2026, low-code development tools will account for 75% of new application development, up from 40% in 2021, according to Gartner. This will be mainly due to the pressure exerted by organizations to adapt and evolve quickly to new trends.
“Amid a shortage of technology talent, rising demands for citizen automation, and accelerated application delivery, organizations will increasingly leverage low-code development technologies to solve their business challenges. notes Gartner in its low-code market forecast.
Adopting low-code development technologies will accommodate both internal use cases within organizations and support for external projects, Gartner says. Within organizations, it would be adopted for citizen development initiatives, and for external projects, low code would be used by IT teams and professional developers to deliver lightweight to moderately complex applications to customers.
Hyperautomation will accelerate growth
By 2026, at least four segments of the low-code development technology market (as shown above) will be integral to hyperautomation, employee experience, and composable business strategies in 85% of large organizations , predicts Gartner.
As hyperautomation continues to grow on both the supply and demand side, intensifying skills shortages and economic pressures, it will push spending in various low-code technologies.
With the emerging concept of the composable enterprise, investment in low-code technologies that support innovation and composable integration will increase, as they require an agile application to create personalized user experiences for new workflows and processes. .
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