The demand for new applications has experienced an extraordinary surge, aligning with the increasing need for automation and agility. As per Research and Markets LCNC is anticipated to surge at a rapid pace, the global low-code development platform market is projected to achieve a revenue of $187.0 billion by 2030, marking a substantial increase from $10.3 billion in 2019. This trajectory reflects a significant Compound Annual Growth Rate (CAGR) of 31.1% throughout the forecast period spanning from 2020 to 2030. The escalating adoption and maturation of Industry 4.0, combined with the capabilities of Artificial Intelligence and other cutting-edge technologies, are compelling industries to invest in custom software. This custom software serves to enhance human efforts by enabling real-time analytics and delivering superior digital experiences.

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