How is the low-code market developing?

1. Low-code value

As a member of the platform layer, low-code products have the corresponding core value of “improving application software development efficiency and/or lowering application software development thresholds” ". At least two important values ??are derived from the core value.

First, reduce application software development costs;

Second, enhance enterprise agility. 2. How is the domestic low-code market developing?

According to data from Haibi Research Institute, China’s low-code market size is expected to be 4.06 billion yuan in 2022, with an average annual compound growth rate of 42.9 from 2022 to 2025, and is expected to reach 11.85 billion yuan in 2025. 3. What is the usage situation of low-code in China?

According to data, among China’s large-scale enterprise groups in 2022, 37.0% will be users of low-code platforms, and this proportion will reach 47.4% in 2025.

In the future, low-code will become an important paradigm for application software development, and it is necessary to attract the attention of manufacturers and users.