Too Long; Didn't Read
Low-code is a term twinned with everything from accelerating digital transformation during COVID-19 to faster deployment and a solution for developer shortages. The global low-code development platform (LCDP) market generated revenue of $10.3 billion in 2019. Driving the market is increased demand for business digitization, less dependency on IT professionals, and stringent government norms (like GDPR) driving the market. By 2023, over 50% of medium to large enterprises will have adopted an LCDP as one of their strategic application platforms.