With the ability to fuel operational efficiency and enhance customer experience, low-code development platforms are dominating the application development space. The low-code market is expected to cross $50 billion in revenue by 2024 as these platforms continue to get adopted widely.
Let’s look at some trends that are encouraging more enterprises to turn to low-code application development:
Streamlined business processes
Businesses are constantly trying to transform their processes and models in a bid to increase revenue. Thanks to the drag-and-drop features offered by low-code platforms, businesses can now automate complex processes. They can strategize crucial decisions by having ready access to existing apps and in numerous data.
Enhanced customer satisfaction
Quick and personalized services are what customers look for in the enterprises they transact with. The design flexibility of low-code platforms helps to improve customer satisfaction. Such a platform favors not only consumers but also retailers, as it allows them to offer better service. Order fulfillment and delivery applications created on low-code development platforms are helping retailers deliver in less time consumed and making it easier to effect changes in their applications to meet rising customer demands.
Cost-effectiveness and faster time-to-market
The user-friendly interface of low-code platforms makes it easy for designers to implement changes quickly. Developers are also able to deliver applications faster and with fewer bugs. Additionally, code libraries and prebuilt functionalities help to accelerate development. Since low-code development platforms use a visual design interface, even designers with minimal coding experience can develop applications easily. These intuitive tools and features make low code a more efficient and affordable alternative to traditional platforms.
Change of pace for developers
The visual approach of low-code platforms over traditional coding is enabling developers with a wide experience range to create web and mobile apps through its simple user interface and features such as drag-and-drop, prebuilt widgets, templates, and libraries. Stats show that over 70% of developers who had no prior programming experience learned to build and deploy applications in as little as a month.
Simplified app development
Various surveys conducted in this domain showed that businesses were able to develop an application in three months on a low-code application platform as compared to traditional development methods that took anything from six months to a year or more.
Low-code development platforms are hogging the limelight for all the right reasons. No wonder low code is claimed to be the future of application development. The benefits are many: better accessibility, fewer bugs, and lower costs, to name a few.
Interested? Find out why developers are adopting low-code here!
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