An Overview of Low code No code market in 2023

The low code no code development market is rapidly growing, and it is expected to continue to grow in the years to come. This is due to a number of factors, including the increasing demand for digital transformation, the need for rapid application development, and the desire for greater business agility.

 The worldwide market for low-code development technologies is projected to total $26.9 billion in 2023, an increase of 19.6% from 2022, according to the latest forecast from Gartner. A rise in business technologist and a growing number of enterprise-wide hyper automation and composable business initiatives will be the key drivers accelerating the adoption of low-code no-code technologies through 2026. 

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