By 2024, 75% of companies worldwide will use at least 4 tools. By offering turnkey solutions for automation and developing applications without requiring coding skills, no-code and low-code tools are booming. We explore a market poised for exponential growth in the coming years. no-code Good to know : that's the low-code / no-code expected market value by 2030 $251 billion will account for - e.g. ed in the next 5 years North America 48% of the low-code / no-code market's growth between 2022 and 2026 $27.4 billion value creat In 2021, US companies accounted for 85.6% of the funds raised in the low-code / no-code sector in the world , making Canada the country which received the second most investment Canadian companies raised $225.9 million in 2021 in the low-code / no-code industry The low-code / no-code market should reach $251 billion by 2030 Low-code and no-code tools are used more and more by companies looking to accelerate their digitization and modernization efforts. According to many estimates, - meaning the market value would grow by 8 times between 2022 and 2030 (from $29 billion today). the market for these platforms should generate nearly $251 billion worldwide by the end of the decade Sources: GlobeNewswire, Statista Integrate this on your site $225.9 million raised in Canada in 2021 in the low-code / no-code industry North American companies are at the edge of low-code / no-code innovation. This is what appears when looking at the funds raised in the world in 2021. The numbers show that: With $5.43 billion funds raised in 2021, in the low-code / no-code industry in the world the only US companies account for 85.6% of the money raised In 2021, , representing 3.6% of the total funds raised in the world Canada is the second country with the second most funding raised in the low-code / no-code industry: $225.9 million As a whole, the in 2021 in the low-code / no-code sector European Union companies have raised a total amount of $301.8 million UK companies followed with $138.6 million raised Source: Alegria 2021 Nocode Baroscope Integrate this on your site Marketing, IT and sales departments became more than 50% dependent on no-code tools The booming development of no-code tools in recent years has made more corporate departments dependent on them. According to a report published by Zapier, 8 core corporate departments are now more than 50% dependent on no-code tools, particularly: , estimated to be 63% dependent on no-code tools in 2022 IT operations (61%) Product & development (58%). Research & development Source: Zapier data report (March 2022) Integrate this on your site Our methodology In addition to its expert editorial line around insurance and financial products, HelloSafe explores broader topics relating to global consumption in Canada and around the world. The aim is to decipher certain complex subjects for consumers and to provide everyone with the latest information. It is within this framework that HelloSafe regularly carries out studies on trends relating to current personal finance in Canada. The report is based on a wide array of expert sources on the topic, including Statista, AppMySite, UserGuiding, Zapier, Alegria Group, Developers Nation and Research & Market. All amounts are presented in Canadian dollars. About HelloSafe Canada HelloSafe is Canada's leading platform for comparing insurance and personal financial products. HelloSafe provides Canadians with hundreds of free, anonymous, and quick comparison tools and calculators built on powerful proprietary technology. Up-to-date content from experts accompanies all our comparison tools. Our platform empowers you to make the best decisions with your money and find the right products at the right price. Also published here.

Key 2022 Statistics in the No-Code/Low-Code Market

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