10 Low-Code Stats You Didn’t Know
(but need to know)
The low-code and no-code movement have only accelerated in the midst of the pandemic’s calls for rapid digital transformation. We've highlighted and dug deeper into the most relevant recent statistics that you need to know about the future of low code.
The Extended Need for Remote App Development Will Continue To Accelerate the Adoption of Low Code Through 2022
The Extended Need for Remote App Development Will Continue To Accelerate the Adoption of Low Code Through 2022
The workplace was becoming increasingly distributed even before the COVID-19 pandemic, but the past year’s demands for a remote workflow have rapidly accelerated the need for remote agility. As companies return to in-office work structures post-pandemic, business-driven hyper automation requirements will be a leading driver of low code adoption through 2022.
By 2025, 70% Of New Applications Developed by Enterprises Will Use Low- Or No-Code Technologies
By 2025, 70% Of New Applications Developed by Enterprises Will Use Low- Or No-Code Technologies
Fewer than 25% of new apps developed by enterprises used low or no code in 2020, making this a major shift in app development tech investments. Low code is transitioning firmly from a fringe app dev practice to an industry standard.
By 2025, Low-Code Application Development Will Make Up Over 65% Of All Application Development Activity
By 2025, Low-Code Application Development Will Make Up Over 65% Of All Application Development Activity
The agility and lower cost structure of low-code app development are positioning it as an integral solution across industries and business sizes. As industry-standard, secure, efficient apps are able to be built faster and with less technical expertise than traditional apps, companies will be able to leverage their IT experts for more complicated troubleshooting and development work.
By 2025, 75% Of Large Enterprises Will Be Using At Least Four Low-Code Development Tools
By 2025, 75% Of Large Enterprises Will Be Using At Least Four Low-Code Development Tools
Low-code dev tools will be used for both IT application development and citizen development initiatives, and large enterprise organizations will invest in a variety of tools to ensure that users with various levels of technical knowledge are equally able to build applications. Business users will not need to wait for IT teams to develop apps for their initiatives, but will rather make and update apps alongside IT teams, allowing each user to utilize the organization’s low code tool that best addresses their build needs and abilities.
Spending on Low-Code Development Technologies is Expected to Grow To Almost $30 Billion by 2025
Spending on Low-Code Development Technologies is Expected to Grow To Almost $30 Billion by 2025
This will result in a compound annual growth rate of a whopping 20.9% from 2020 through 2025, as low-code technologies become an increasingly important enterprise budgeting priority. The adoption of low-code tech remains markedly above the growth rate of other application development tools and application infrastructure and middleware software. Non low-code application development tools, to give one contrast, are expected to grow at a comparatively low (but still significant!) annual rate of 8.64%.
By Year-End 2025, About 50% Of All New Low Code Clients Will Come From Business Buyers That Are Outside the IT Organization
By Year-End 2025, About 50% Of All New Low Code Clients Will Come From Business Buyers That Are Outside the IT Organization
Rapid acceleration of digital transformation efforts are the result of business’ goals to meet their users across a variety of platforms in an increasingly remote and mobile marketplace. IT leaders are seeing an increased concentration on UX and MX when outsourcing their low code apps to business users.
Why You Need a Smart Multiexperience Strategy Now
Why You Need a Smart Multiexperience Strategy Now
By 2025, Low Code Application Platforms (LCAP) Are Expected to Remain the Most Widely Used Low Code Product
By 2025, Low Code Application Platforms (LCAP) Are Expected to Remain the Most Widely Used Low Code Product
LCAPs are largely to thank for putting low code app dev on the map, since these platforms are responsible for the rise in less technically advanced users’ ability to design, update, and run apps. LCAPs are expected to reach $14.8 billion, giving them a compound annual growth rate of 26.4%.
Learn more about HCL Volt MX, our low-code app dev platform
Learn more about HCL Volt MX, our low-code app dev platform
Through 2024, 75% Of Low-Code Application Development Efforts Are Expected to Be Small- Or Moderate-Scale Projects
Through 2024, 75% Of Low-Code Application Development Efforts Are Expected to Be Small- Or Moderate-Scale Projects
As trust in the technology builds and its ability to measure up to highly technical app builds is tested, low code solutions will largely continue to support non-mission-critical workloads over the next few years. The continued improvement of the safety and security of low code development will likely result in an increase of large-scale low code projects after this initial learning curve.
By 2023, the Use of Lcap Will Make Governance and Cost Management Features a Top Priority for Enterprises Selecting LCAP
By 2023, the Use of Lcap Will Make Governance and Cost Management Features a Top Priority for Enterprises Selecting LCAP
The nature of low code as a citizen development app raises understandable governance concerns, so ensuring data security and user privacy is top of mind for businesses employing LCAPs. Proper governance requires expert IT oversight, dispelling the myth that adopting an LCAP will automatically result in a purge of a company’s IT team.
Last but Not Least: By 2027, the End of Life of Current- Generation LCAPs, Combined With Application and Data Lock-In, Will Lead to a Backlash Against Low-Code Practices
Last but Not Least: By 2027, the End of Life of Current- Generation LCAPs, Combined With Application and Data Lock-In, Will Lead to a Backlash Against Low-Code Practices
Don’t let this last prediction worry you too much — as technology and low code best practices evolve, it’s a matter of course that current LCAPs will become outdated and faulty. This may result in an overgeneralized mistrust of low code, but the technology should and will outlast these first-generation growing pains.
Don’t Miss Out!
Don’t Miss Out!
Despite enterprise software complications and difficulties that arose amidst the rapid adaptation to the COVID-19 pandemic, the low-code movement is showing massive signs of growth and longevity. Buckle up. It's going to be a wild ride!
Sign up for our newsletter to get the latest news and exclusive offers and invites.
Sign up for our newsletter to get the latest news and exclusive offers and invites.
