According to the report, Introduction of New and Improved Financial Products and Services to Enhance Its Business Operations is one of the primary growth factors for the market. The Increasing Need Of Digitalization and Maturity of Agile DevOps Practices is also expected to contribute significantly to the Low-Code Development Platform market. Overall, Large Size Enterprises applications of Low-Code Development Platform, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.

AMA’s Analyst on the Global Low-Code Development Platform Market identified that the demand is rising in many different parts of the world due to "Emerging Regions Offers Several Untapped and Unexplored Opportunities in the Low-Code Development Platform Market". Furthermore, some recent industry insights like "In March 2020, Appian launched the latest version of the Appian Low-code Automation Platform. The new version delivers material business impact with unified, flexible, and fast enterprise automation" is constantly making the industry dynamic. One of the challenges that industry facing is "Lack of Skilled IT Professionals"

The Subscription Type, such as Annual Subscription, is boosting the Low-Code Development Platform market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Deployment, such as Cloud-Based, is boosting the Low-Code Development Platform market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Service Type, such as Professional, is boosting the Low-Code Development Platform market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Low-Code Development Platform market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Low-Code Development Platform market and other related sub-markets covered in the study.

o Key & emerging players in the Low-Code Development Platform market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Low-Code Development Platform market size is calculated using market estimation process, the Low-Code Development Platform market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Low-Code Development Platform market size has been validated using both top-down and bottom-up approaches.