고속 애플리케이션 개발(RAD) 플랫폼 시장 규모, 점유율, 동향 분석 : 유형별, 구성요소별, 전개별, 비즈니스 기능별, 기업 규모별, 산업별, 지역별 전망 및 예측(2024-2031년)

The Global Rapid Application Development Platform Market size is expected to reach $594.2 billion by 2031, rising at a market growth of 40.2% CAGR during the forecast period.

The North America region witnessed 37% revenue share in this market in 2023. North America has long been a leader in adopting new technologies, with the U.S. and Canada at the forefront of digital transformation initiatives. The region's strong IT infrastructure, high adoption of cloud technologies, and the presence of leading technology companies have contributed to the widespread use of RAD platforms.

The major strategies followed by the market participants are Partnerships as the key developmental strategy to keep pace with the changing demands of end users. For instance, In May, 2024, Siemens partnered with FPT Software to enhance the availability of its low-code platform, Mendix, in the South Korean and Japanese markets. As a designated reseller and delivery partner, FPT Software will leverage Mendix's capabilities to provide rapid application development and deployment services, enabling clients to achieve faster time-to-market and reduced software development costs. This collaboration aims to drive digital transformation for businesses, particularly in the finance and manufacturing sectors, while strengthening the partnership between Siemens and FPT Software. Moreover, In July, 2023, OutSystems partnered with Collabera Digital to accelerate digital transformation initiatives in the Philippines. Collabera Digital has established a Low Code Centre of Excellence to gain expertise in the OutSystems platform, enabling faster app development, seamless integration, scalable solutions, and enhanced user experiences.

KBV Cardinal Matrix - Rapid Application Development Platform Market Competition Analysis

Based on the Analysis presented in the KBV Cardinal matrix; Microsoft Corporation is the forerunner in the Rapid Application Development Platform Market. In May, 2023, Microsoft Corporation partnered with Builder.ai, a startup that helps companies make applications without any coding experience. Following this partnership, Microsoft aims to enable clients to create business apps on the platform, Builder.ai which includes Natasha, its own AI assistant, into its Teams video and chat software. Companies such as Siemens AG, SAP SE, IBM Corporation are some of the key innovators in Rapid Application Development Platform Market.

Market Growth Factors

In today's fast-paced digital world, businesses must deliver applications quickly to remain competitive. Rapid Application Development (RAD) platforms enable faster development cycles by offering pre-built templates, drag-and-drop tools, and reusable components that accelerate the overall development process. The increasing need for agile business responses and shorter product lifecycles drives this demand for speed. Hence, increasing demand for faster application development cycles propels the market's growth.

Additionally, As organizations grow, the need for customizable and scalable applications becomes increasingly critical. RAD platforms cater to this demand by offering flexible frameworks that allow businesses to tailor applications to meet their needs. This is especially true for finance, healthcare, and retail industries, where different business units may require distinct functionalities within the same application. Therefore, the growing need for customizable and scalable applications drives the market's growth.

Market Restraining Factors

However, While RAD platforms offer significant advantages in terms of speed and flexibility, integrating them with existing legacy systems can be a complex challenge. Many businesses rely on a mix of old and new technologies and ensuring that RAD-developed applications work seamlessly with these systems can be daunting. Compatibility issues can arise when connecting newer RAD applications with older infrastructure, requiring additional development time and specialized expertise. Hence, complexity in integration with existing systems and infrastructure is impeding the market's growth.

Type Outlook

Based on type, the rapid application development platform market is divided into low-code development platforms and no-code development platforms. The no-code development platforms segment held 35% revenue share in this market in 2023. These platforms are designed for users with little to no coding experience, enabling even non-technical users to develop applications through intuitive visual interfaces and pre-configured templates.

Component Outlook

On the basis of component, the rapid application development platform market is segmented into tools and services. In 2023, the services 36% segment attained a noteworthy revenue share in this market. This segment includes services complementing RAD platforms, such as consulting, implementation, customization, training, and support services. These services are essential for organizations looking to maximize the potential of RAD platforms, particularly in complex or large-scale deployments.

Deployment Outlook

Based on deployment, the rapid application development platform market is categorized into cloud and on-premise. The on-premise segment held 38% revenue share in this market in 2023. On-premise deployment allows organizations to host RAD platforms on their infrastructure, offering greater control over the development and deployment processes.

Business Function Outlook

By business function, the rapid application development platform market is divided into IT, sales and marketing, finance, and HR and operations. The sales & marketing segment procured 28% revenue share in this market in 2023. As businesses focus more on customer engagement and experience, sales and marketing teams leverage RAD platforms to create tailored applications that enhance customer interactions, gather insights, and drive sales.

Enterprise Size Outlook

Based on enterprise size, the rapid application development platform market is divided into large enterprises and small & medium enterprises (SMEs). In 2023, the small & medium enterprises (SMEs) segment procured 39% revenue share in this market. SMEs, representing a significant portion of the global economy, increasingly adopt RAD platforms to streamline their development processes, enhance operational efficiency, and accelerate digital transformation.

Vertical Outlook

On the basis of vertical, the BFSI, IT & telecommunications, government & public sector, retail & e-commerce, energy & utilities, manufacturing, media & entertainment, and others. The IT & telecommunications segment acquired 17% revenue share in this market. The constant need for innovation, system integration, and customer service enhancement drives the sector's reliance on rapid application development.

Regional Outlook

Region-wise, the rapid application development platform market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the Asia Pacific region generated 32% revenue share in this market. This region's strong growth can be attributed to the rapid digital transformation across key economies like China, India, Japan, and South Korea. The growing demand for customized applications and the expansion of cloud computing and mobile applications has driven significant adoption of RAD platforms in APAC.

Market Competition and Attributes

The competition in the Rapid Application Development (RAD) platform market remains dynamic and fragmented, even without top key players dominating. Smaller and emerging companies are leveraging innovation, offering unique solutions tailored to specific industries. This results in diverse product offerings, with many focusing on enhancing speed, flexibility, and customization, creating a competitive yet diverse landscape for consumers.

Recent Strategies Deployed in the Market

• Oct-2024: SAP SE took over WalkMe, a digital adoption platform company. This acquisition aims to enhance SAP's product offerings by integrating WalkMe's technology, improving user experience across business applications. The integration of WalkMe's AI capabilities is set to boost user productivity through context-aware assistance in SAP's copilot Joule.
• Oct-2024: OutSystems integrates generative AI into its low-code platform with the launch of Mentor, a digital worker designed to assist companies in the entire software development lifecycle. Mentor provides AI-driven app generation, optimization, and automated quality checks, all within a centralized governance structure. By leveraging generative AI, OutSystems aims to accelerate application development, from ideation and prototyping to full-scale development, allowing teams to enhance productivity and ensure high-quality outcomes.
• Apr-2024: Salesforce announced AI-powered enhancements to its MuleSoft platform, a leading provider of automation, integration, and API management solutions. The new features, including Intelligent Document Processing (IDP) and AI integration, aim to improve productivity for business users and developers. By embedding Einstein, Salesforce's generative AI assistant, into its tools, Salesforce empowers users to automate workflows and build integrations using natural language, streamlining processes across its ecosystem.
• Jan-2024: Siemens came into partnership with Amazon Web Services (AWS) to integrate Amazon Bedrock into its Mendix low-code platform, democratizing generative AI in software development. This collaboration empowers businesses to create and upgrade applications without programming expertise, addressing skilled labor shortages and accelerating digitalization. With Mendix's robust low-code capabilities and AWS's advanced AI technologies, companies can enhance competitiveness, resilience, and sustainability across various sectors.
• Jun-2023: OutSystems formed a partnership with PETRONAS Digital Sdn Bhd, the digital arm of PETRONAS, to accelerate the use of low-code app development within the PETRONAS Group. The partnership will leverage OutSystems' low-code platform to promote the Citizen Developer Program, empowering non-developers to create applications.

List of Key Companies Profiled

• Microsoft Corporation
• Salesforce, Inc.
• IBM Corporation
• Oracle Corporation
• SAP SE
• Siemens AG (Mendix)
• Pegasystems, Inc.
• ServiceNow, Inc.
• Appian Corporation
• Progress Software Corporation
• OutSystems

Global Rapid Application Development Platform Market Report Segmentation

By Type

• Low-code Development Platforms
• No-code Development Platforms

By Component

• Tools
• Services

By Deployment

• Cloud
• On-premise

By Business Function

• IT
• Sales & Marketing
• Finance
• HR & Operations

By Enterprise Size

• Large Enterprises
• Small & Medium Enterprises (SMEs)

By Vertical

• BFSI
• IT & Telecommunications
• Government & Public Sector
• Retail & E-commerce
• Energy & Utilities
• Manufacturing
• Media & Entertainment
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
• Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology

• 1.1 Market Definition
• 1.2 Objectives
• 1.3 Market Scope
• 1.4 Segmentation
  • 1.4.1 Global Rapid Application Development Platform Market, by Type
  • 1.4.2 Global Rapid Application Development Platform Market, by Component
  • 1.4.3 Global Rapid Application Development Platform Market, by Deployment
  • 1.4.4 Global Rapid Application Development Platform Market, by Business Function
  • 1.4.5 Global Rapid Application Development Platform Market, by Enterprise Size
  • 1.4.6 Global Rapid Application Development Platform Market, by Vertical
  • 1.4.7 Global Rapid Application Development Platform Market, by Geography
• 1.5 Methodology for the research

Chapter 2. Market at a Glance

• 2.1 Key Highlights

Chapter 3. Market Overview

• 3.1 Introduction
  • 3.1.1 Overview
    • 3.1.1.1 Market Composition and Scenario
• 3.2 Key Factors Impacting the Market
  • 3.2.1 Market Drivers
  • 3.2.2 Market Restraints
  • 3.2.3 Market Opportunities
  • 3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global

• 4.1 KBV Cardinal Matrix
• 4.2 Recent Industry Wide Strategic Developments
  • 4.2.1 Partnerships, Collaborations and Agreements
  • 4.2.2 Product Launches and Product Expansions
  • 4.2.3 Acquisition and Mergers
• 4.3 Market Share Analysis, 2023
• 4.4 Top Winning Strategies
  • 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
  • 4.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2020, Jan - 2024, May) Leading Players
• 4.5 Porter Five Forces Analysis

Chapter 5. Global Rapid Application Development Platform Market by Type

• 5.1 Global Low-code Development Platforms Market by Region
• 5.2 Global No-code Development Platforms Market by Region

Chapter 6. Global Rapid Application Development Platform Market by Component

• 6.1 Global Tools Market by Region
• 6.2 Global Services Market by Region

Chapter 7. Global Rapid Application Development Platform Market by Deployment

• 7.1 Global Cloud Market by Region
• 7.2 Global On-premise Market by Region

Chapter 8. Global Rapid Application Development Platform Market by Business Function

• 8.1 Global IT Market by Region
• 8.2 Global Sales & Marketing Market by Region
• 8.3 Global Finance Market by Region
• 8.4 Global HR & Operations Market by Region

Chapter 9. Global Rapid Application Development Platform Market by Enterprise Size

• 9.1 Global Large Enterprises Market by Region
• 9.2 Global Small & Medium Enterprises (SMEs) Market by Region

Chapter 10. Global Rapid Application Development Platform Market by Vertical

• 10.1 Global BFSI Market by Region
• 10.2 Global IT & Telecommunications Market by Region
• 10.3 Global Government & Public Sector Market by Region
• 10.4 Global Retail & E-commerce Market by Region
• 10.5 Global Energy & Utilities Market by Region
• 10.6 Global Manufacturing Market by Region
• 10.7 Global Media & Entertainment Market by Region
• 10.8 Global Others Market by Region

Chapter 11. Global Rapid Application Development Platform Market by Region

• 11.1 North America Rapid Application Development Platform Market
  • 11.1.1 North America Rapid Application Development Platform Market by Type
    • 11.1.1.1 North America Low-code Development Platforms Market by Region
    • 11.1.1.2 North America No-code Development Platforms Market by Region
  • 11.1.2 North America Rapid Application Development Platform Market by Component
    • 11.1.2.1 North America Tools Market by Region
    • 11.1.2.2 North America Services Market by Region
  • 11.1.3 North America Rapid Application Development Platform Market by Deployment
    • 11.1.3.1 North America Cloud Market by Country
    • 11.1.3.2 North America On-premise Market by Country
  • 11.1.4 North America Rapid Application Development Platform Market by Business Function
    • 11.1.4.1 North America IT Market by Country
    • 11.1.4.2 North America Sales & Marketing Market by Country
    • 11.1.4.3 North America Finance Market by Country
    • 11.1.4.4 North America HR & Operations Market by Country
  • 11.1.5 North America Rapid Application Development Platform Market by Enterprise Size
    • 11.1.5.1 North America Large Enterprises Market by Country
    • 11.1.5.2 North America Small & Medium Enterprises (SMEs) Market by Country
  • 11.1.6 North America Rapid Application Development Platform Market by Vertical
    • 11.1.6.1 North America BFSI Market by Country
    • 11.1.6.2 North America IT & Telecommunications Market by Country
    • 11.1.6.3 North America Government & Public Sector Market by Country
    • 11.1.6.4 North America Retail & E-commerce Market by Country
    • 11.1.6.5 North America Energy & Utilities Market by Country
    • 11.1.6.6 North America Manufacturing Market by Country
    • 11.1.6.7 North America Media & Entertainment Market by Country
    • 11.1.6.8 North America Others Market by Country
  • 11.1.7 North America Rapid Application Development Platform Market by Country
    • 11.1.7.1 US Rapid Application Development Platform Market
      • 11.1.7.1.1 US Rapid Application Development Platform Market by Type
      • 11.1.7.1.2 US Rapid Application Development Platform Market by Component
      • 11.1.7.1.3 US Rapid Application Development Platform Market by Deployment
      • 11.1.7.1.4 US Rapid Application Development Platform Market by Business Function
      • 11.1.7.1.5 US Rapid Application Development Platform Market by Enterprise Size
      • 11.1.7.1.6 US Rapid Application Development Platform Market by Vertical
    • 11.1.7.2 Canada Rapid Application Development Platform Market
      • 11.1.7.2.1 Canada Rapid Application Development Platform Market by Type
      • 11.1.7.2.2 Canada Rapid Application Development Platform Market by Component
      • 11.1.7.2.3 Canada Rapid Application Development Platform Market by Deployment
      • 11.1.7.2.4 Canada Rapid Application Development Platform Market by Business Function
      • 11.1.7.2.5 Canada Rapid Application Development Platform Market by Enterprise Size
      • 11.1.7.2.6 Canada Rapid Application Development Platform Market by Vertical
    • 11.1.7.3 Mexico Rapid Application Development Platform Market
      • 11.1.7.3.1 Mexico Rapid Application Development Platform Market by Type
      • 11.1.7.3.2 Mexico Rapid Application Development Platform Market by Component
      • 11.1.7.3.3 Mexico Rapid Application Development Platform Market by Deployment
      • 11.1.7.3.4 Mexico Rapid Application Development Platform Market by Business Function
      • 11.1.7.3.5 Mexico Rapid Application Development Platform Market by Enterprise Size
      • 11.1.7.3.6 Mexico Rapid Application Development Platform Market by Vertical
    • 11.1.7.4 Rest of North America Rapid Application Development Platform Market
      • 11.1.7.4.1 Rest of North America Rapid Application Development Platform Market by Type
      • 11.1.7.4.2 Rest of North America Rapid Application Development Platform Market by Component
      • 11.1.7.4.3 Rest of North America Rapid Application Development Platform Market by Deployment
      • 11.1.7.4.4 Rest of North America Rapid Application Development Platform Market by Business Function
      • 11.1.7.4.5 Rest of North America Rapid Application Development Platform Market by Enterprise Size
      • 11.1.7.4.6 Rest of North America Rapid Application Development Platform Market by Vertical
• 11.2 Europe Rapid Application Development Platform Market
  • 11.2.1 Europe Rapid Application Development Platform Market by Type
    • 11.2.1.1 Europe Low-code Development Platforms Market by Country
    • 11.2.1.2 Europe No-code Development Platforms Market by Country
  • 11.2.2 Europe Rapid Application Development Platform Market by Component
    • 11.2.2.1 Europe Tools Market by Country
    • 11.2.2.2 Europe Services Market by Country
  • 11.2.3 Europe Rapid Application Development Platform Market by Deployment
    • 11.2.3.1 Europe Cloud Market by Country
    • 11.2.3.2 Europe On-premise Market by Country
  • 11.2.4 Europe Rapid Application Development Platform Market by Business Function
    • 11.2.4.1 Europe IT Market by Country
    • 11.2.4.2 Europe Sales & Marketing Market by Country
    • 11.2.4.3 Europe Finance Market by Country
    • 11.2.4.4 Europe HR & Operations Market by Country
  • 11.2.5 Europe Rapid Application Development Platform Market by Enterprise Size
    • 11.2.5.1 Europe Large Enterprises Market by Country
    • 11.2.5.2 Europe Small & Medium Enterprises (SMEs) Market by Country
  • 11.2.6 Europe Rapid Application Development Platform Market by Vertical
    • 11.2.6.1 Europe BFSI Market by Country
    • 11.2.6.2 Europe IT & Telecommunications Market by Country
    • 11.2.6.3 Europe Government & Public Sector Market by Country
    • 11.2.6.4 Europe Retail & E-commerce Market by Country
    • 11.2.6.5 Europe Energy & Utilities Market by Country
    • 11.2.6.6 Europe Manufacturing Market by Country
    • 11.2.6.7 Europe Media & Entertainment Market by Country
    • 11.2.6.8 Europe Others Market by Country
  • 11.2.7 Europe Rapid Application Development Platform Market by Country
    • 11.2.7.1 Germany Rapid Application Development Platform Market
      • 11.2.7.1.1 Germany Rapid Application Development Platform Market by Type
      • 11.2.7.1.2 Germany Rapid Application Development Platform Market by Component
      • 11.2.7.1.3 Germany Rapid Application Development Platform Market by Deployment
      • 11.2.7.1.4 Germany Rapid Application Development Platform Market by Business Function
      • 11.2.7.1.5 Germany Rapid Application Development Platform Market by Enterprise Size
      • 11.2.7.1.6 Germany Rapid Application Development Platform Market by Vertical
    • 11.2.7.2 UK Rapid Application Development Platform Market
      • 11.2.7.2.1 UK Rapid Application Development Platform Market by Type
      • 11.2.7.2.2 UK Rapid Application Development Platform Market by Component
      • 11.2.7.2.3 UK Rapid Application Development Platform Market by Deployment
      • 11.2.7.2.4 UK Rapid Application Development Platform Market by Business Function
      • 11.2.7.2.5 UK Rapid Application Development Platform Market by Enterprise Size
      • 11.2.7.2.6 UK Rapid Application Development Platform Market by Vertical
    • 11.2.7.3 France Rapid Application Development Platform Market
      • 11.2.7.3.1 France Rapid Application Development Platform Market by Type
      • 11.2.7.3.2 France Rapid Application Development Platform Market by Component
      • 11.2.7.3.3 France Rapid Application Development Platform Market by Deployment
      • 11.2.7.3.4 France Rapid Application Development Platform Market by Business Function
      • 11.2.7.3.5 France Rapid Application Development Platform Market by Enterprise Size
      • 11.2.7.3.6 France Rapid Application Development Platform Market by Vertical
    • 11.2.7.4 Russia Rapid Application Development Platform Market
      • 11.2.7.4.1 Russia Rapid Application Development Platform Market by Type
      • 11.2.7.4.2 Russia Rapid Application Development Platform Market by Component
      • 11.2.7.4.3 Russia Rapid Application Development Platform Market by Deployment
      • 11.2.7.4.4 Russia Rapid Application Development Platform Market by Business Function
      • 11.2.7.4.5 Russia Rapid Application Development Platform Market by Enterprise Size
      • 11.2.7.4.6 Russia Rapid Application Development Platform Market by Vertical
    • 11.2.7.5 Spain Rapid Application Development Platform Market
      • 11.2.7.5.1 Spain Rapid Application Development Platform Market by Type
      • 11.2.7.5.2 Spain Rapid Application Development Platform Market by Component
      • 11.2.7.5.3 Spain Rapid Application Development Platform Market by Deployment
      • 11.2.7.5.4 Spain Rapid Application Development Platform Market by Business Function
      • 11.2.7.5.5 Spain Rapid Application Development Platform Market by Enterprise Size
      • 11.2.7.5.6 Spain Rapid Application Development Platform Market by Vertical
    • 11.2.7.6 Italy Rapid Application Development Platform Market
      • 11.2.7.6.1 Italy Rapid Application Development Platform Market by Type
      • 11.2.7.6.2 Italy Rapid Application Development Platform Market by Component
      • 11.2.7.6.3 Italy Rapid Application Development Platform Market by Deployment
      • 11.2.7.6.4 Italy Rapid Application Development Platform Market by Business Function
      • 11.2.7.6.5 Italy Rapid Application Development Platform Market by Enterprise Size
      • 11.2.7.6.6 Italy Rapid Application Development Platform Market by Vertical
    • 11.2.7.7 Rest of Europe Rapid Application Development Platform Market
      • 11.2.7.7.1 Rest of Europe Rapid Application Development Platform Market by Type
      • 11.2.7.7.2 Rest of Europe Rapid Application Development Platform Market by Component
      • 11.2.7.7.3 Rest of Europe Rapid Application Development Platform Market by Deployment
      • 11.2.7.7.4 Rest of Europe Rapid Application Development Platform Market by Business Function
      • 11.2.7.7.5 Rest of Europe Rapid Application Development Platform Market by Enterprise Size
      • 11.2.7.7.6 Rest of Europe Rapid Application Development Platform Market by Vertical
• 11.3 Asia Pacific Rapid Application Development Platform Market
  • 11.3.1 Asia Pacific Rapid Application Development Platform Market by Type
    • 11.3.1.1 Asia Pacific Low-code Development Platforms Market by Country
    • 11.3.1.2 Asia Pacific No-code Development Platforms Market by Country
  • 11.3.2 Asia Pacific Rapid Application Development Platform Market by Component
    • 11.3.2.1 Asia Pacific Tools Market by Country
    • 11.3.2.2 Asia Pacific Services Market by Country
  • 11.3.3 Asia Pacific Rapid Application Development Platform Market by Deployment
    • 11.3.3.1 Asia Pacific Cloud Market by Country
    • 11.3.3.2 Asia Pacific On-premise Market by Country
  • 11.3.4 Asia Pacific Rapid Application Development Platform Market by Business Function
    • 11.3.4.1 Asia Pacific IT Market by Country
    • 11.3.4.2 Asia Pacific Sales & Marketing Market by Country
    • 11.3.4.3 Asia Pacific Finance Market by Country
    • 11.3.4.4 Asia Pacific HR & Operations Market by Country
  • 11.3.5 Asia Pacific Rapid Application Development Platform Market by Enterprise Size
    • 11.3.5.1 Asia Pacific Large Enterprises Market by Country
    • 11.3.5.2 Asia Pacific Small & Medium Enterprises (SMEs) Market by Country
  • 11.3.6 Asia Pacific Rapid Application Development Platform Market by Vertical
    • 11.3.6.1 Asia Pacific BFSI Market by Country
    • 11.3.6.2 Asia Pacific IT & Telecommunications Market by Country
    • 11.3.6.3 Asia Pacific Government & Public Sector Market by Country
    • 11.3.6.4 Asia Pacific Retail & E-commerce Market by Country
    • 11.3.6.5 Asia Pacific Energy & Utilities Market by Country
    • 11.3.6.6 Asia Pacific Manufacturing Market by Country
    • 11.3.6.7 Asia Pacific Media & Entertainment Market by Country
    • 11.3.6.8 Asia Pacific Others Market by Country
  • 11.3.7 Asia Pacific Rapid Application Development Platform Market by Country
    • 11.3.7.1 China Rapid Application Development Platform Market
      • 11.3.7.1.1 China Rapid Application Development Platform Market by Type
      • 11.3.7.1.2 China Rapid Application Development Platform Market by Component
      • 11.3.7.1.3 China Rapid Application Development Platform Market by Deployment
      • 11.3.7.1.4 China Rapid Application Development Platform Market by Business Function
      • 11.3.7.1.5 China Rapid Application Development Platform Market by Enterprise Size
      • 11.3.7.1.6 China Rapid Application Development Platform Market by Vertical
    • 11.3.7.2 Japan Rapid Application Development Platform Market
      • 11.3.7.2.1 Japan Rapid Application Development Platform Market by Type
      • 11.3.7.2.2 Japan Rapid Application Development Platform Market by Component
      • 11.3.7.2.3 Japan Rapid Application Development Platform Market by Deployment
      • 11.3.7.2.4 Japan Rapid Application Development Platform Market by Business Function
      • 11.3.7.2.5 Japan Rapid Application Development Platform Market by Enterprise Size
      • 11.3.7.2.6 Japan Rapid Application Development Platform Market by Vertical
    • 11.3.7.3 India Rapid Application Development Platform Market
      • 11.3.7.3.1 India Rapid Application Development Platform Market by Type
      • 11.3.7.3.2 India Rapid Application Development Platform Market by Component
      • 11.3.7.3.3 India Rapid Application Development Platform Market by Deployment
      • 11.3.7.3.4 India Rapid Application Development Platform Market by Business Function
      • 11.3.7.3.5 India Rapid Application Development Platform Market by Enterprise Size
      • 11.3.7.3.6 India Rapid Application Development Platform Market by Vertical
    • 11.3.7.4 South Korea Rapid Application Development Platform Market
      • 11.3.7.4.1 South Korea Rapid Application Development Platform Market by Type
      • 11.3.7.4.2 South Korea Rapid Application Development Platform Market by Component
      • 11.3.7.4.3 South Korea Rapid Application Development Platform Market by Deployment
      • 11.3.7.4.4 South Korea Rapid Application Development Platform Market by Business Function
      • 11.3.7.4.5 South Korea Rapid Application Development Platform Market by Enterprise Size
      • 11.3.7.4.6 South Korea Rapid Application Development Platform Market by Vertical
    • 11.3.7.5 Singapore Rapid Application Development Platform Market
      • 11.3.7.8.1 Singapore Rapid Application Development Platform Market by Type
      • 11.3.7.8.2 Singapore Rapid Application Development Platform Market by Component
      • 11.3.7.8.3 Singapore Rapid Application Development Platform Market by Deployment
      • 11.3.7.8.4 Singapore Rapid Application Development Platform Market by Business Function
      • 11.3.7.8.5 Singapore Rapid Application Development Platform Market by Enterprise Size
      • 11.3.7.8.6 Singapore Rapid Application Development Platform Market by Vertical
    • 11.3.7.9 Malaysia Rapid Application Development Platform Market
      • 11.3.7.9.1 Malaysia Rapid Application Development Platform Market by Type
      • 11.3.7.9.2 Malaysia Rapid Application Development Platform Market by Component
      • 11.3.7.9.3 Malaysia Rapid Application Development Platform Market by Deployment
      • 11.3.7.9.4 Malaysia Rapid Application Development Platform Market by Business Function
      • 11.3.7.9.5 Malaysia Rapid Application Development Platform Market by Enterprise Size
      • 11.3.7.9.6 Malaysia Rapid Application Development Platform Market by Vertical
    • 11.3.7.10 Rest of Asia Pacific Rapid Application Development Platform Market
      • 11.3.7.10.1 Rest of Asia Pacific Rapid Application Development Platform Market by Type
      • 11.3.7.10.2 Rest of Asia Pacific Rapid Application Development Platform Market by Component
      • 11.3.7.10.3 Rest of Asia Pacific Rapid Application Development Platform Market by Deployment
      • 11.3.7.10.4 Rest of Asia Pacific Rapid Application Development Platform Market by Business Function
      • 11.3.7.10.5 Rest of Asia Pacific Rapid Application Development Platform Market by Enterprise Size
      • 11.3.7.10.6 Rest of Asia Pacific Rapid Application Development Platform Market by Vertical
• 11.4 LAMEA Rapid Application Development Platform Market
  • 11.4.1 LAMEA Rapid Application Development Platform Market by Type
    • 11.4.1.1 LAMEA Low-code Development Platforms Market by Country
    • 11.4.1.2 LAMEA No-code Development Platforms Market by Country
  • 11.4.2 LAMEA Rapid Application Development Platform Market by Component
    • 11.4.2.1 LAMEA Tools Market by Country
    • 11.4.2.2 LAMEA Services Market by Country
  • 11.4.3 LAMEA Rapid Application Development Platform Market by Deployment
    • 11.4.3.1 LAMEA Cloud Market by Country
    • 11.4.3.2 LAMEA On-premise Market by Country
  • 11.4.4 LAMEA Rapid Application Development Platform Market by Business Function
    • 11.4.4.1 LAMEA IT Market by Country
    • 11.4.4.2 LAMEA Sales & Marketing Market by Country
    • 11.4.4.3 LAMEA Finance Market by Country
    • 11.4.4.4 LAMEA HR & Operations Market by Country
  • 11.4.5 LAMEA Rapid Application Development Platform Market by Enterprise Size
    • 11.4.5.1 LAMEA Large Enterprises Market by Country
    • 11.4.5.2 LAMEA Small & Medium Enterprises (SMEs) Market by Country
  • 11.4.6 LAMEA Rapid Application Development Platform Market by Vertical
    • 11.4.6.1 LAMEA BFSI Market by Country
    • 11.4.6.2 LAMEA IT & Telecommunications Market by Country
    • 11.4.6.3 LAMEA Government & Public Sector Market by Country
    • 11.4.6.4 LAMEA Retail & E-commerce Market by Country
    • 11.4.6.5 LAMEA Energy & Utilities Market by Country
    • 11.4.6.6 LAMEA Manufacturing Market by Country
    • 11.4.6.7 LAMEA Media & Entertainment Market by Country
    • 11.4.6.8 LAMEA Others Market by Country
  • 11.4.7 LAMEA Rapid Application Development Platform Market by Country
    • 11.4.7.1 Brazil Rapid Application Development Platform Market
      • 11.4.7.1.1 Brazil Rapid Application Development Platform Market by Type
      • 11.4.7.1.2 Brazil Rapid Application Development Platform Market by Component
      • 11.4.7.1.3 Brazil Rapid Application Development Platform Market by Deployment
      • 11.4.7.1.4 Brazil Rapid Application Development Platform Market by Business Function
      • 11.4.7.1.5 Brazil Rapid Application Development Platform Market by Enterprise Size
      • 11.4.7.1.6 Brazil Rapid Application Development Platform Market by Vertical
    • 11.4.7.2 Argentina Rapid Application Development Platform Market
      • 11.4.7.2.1 Argentina Rapid Application Development Platform Market by Type
      • 11.4.7.2.2 Argentina Rapid Application Development Platform Market by Component
      • 11.4.7.2.3 Argentina Rapid Application Development Platform Market by Deployment
      • 11.4.7.2.4 Argentina Rapid Application Development Platform Market by Business Function
      • 11.4.7.2.5 Argentina Rapid Application Development Platform Market by Enterprise Size
      • 11.4.7.2.6 Argentina Rapid Application Development Platform Market by Vertical
    • 11.4.7.3 UAE Rapid Application Development Platform Market
      • 11.4.7.3.1 UAE Rapid Application Development Platform Market by Type
      • 11.4.7.3.2 UAE Rapid Application Development Platform Market by Component
      • 11.4.7.3.3 UAE Rapid Application Development Platform Market by Deployment
      • 11.4.7.3.4 UAE Rapid Application Development Platform Market by Business Function
      • 11.4.7.3.5 UAE Rapid Application Development Platform Market by Enterprise Size
      • 11.4.7.3.6 UAE Rapid Application Development Platform Market by Vertical
    • 11.4.7.4 Saudi Arabia Rapid Application Development Platform Market
      • 11.4.7.4.1 Saudi Arabia Rapid Application Development Platform Market by Type
      • 11.4.7.4.2 Saudi Arabia Rapid Application Development Platform Market by Component
      • 11.4.7.4.3 Saudi Arabia Rapid Application Development Platform Market by Deployment
      • 11.4.7.4.4 Saudi Arabia Rapid Application Development Platform Market by Business Function
      • 11.4.7.4.5 Saudi Arabia Rapid Application Development Platform Market by Enterprise Size
      • 11.4.7.4.6 Saudi Arabia Rapid Application Development Platform Market by Vertical
    • 11.4.7.5 South Africa Rapid Application Development Platform Market
      • 11.4.7.5.1 South Africa Rapid Application Development Platform Market by Type
      • 11.4.7.5.2 South Africa Rapid Application Development Platform Market by Component
      • 11.4.7.5.3 South Africa Rapid Application Development Platform Market by Deployment
      • 11.4.7.5.4 South Africa Rapid Application Development Platform Market by Business Function
      • 11.4.7.5.5 South Africa Rapid Application Development Platform Market by Enterprise Size
      • 11.4.7.5.6 South Africa Rapid Application Development Platform Market by Vertical
    • 11.4.7.6 Nigeria Rapid Application Development Platform Market
      • 11.4.7.6.1 Nigeria Rapid Application Development Platform Market by Type
      • 11.4.7.6.2 Nigeria Rapid Application Development Platform Market by Component
      • 11.4.7.6.3 Nigeria Rapid Application Development Platform Market by Deployment
      • 11.4.7.6.4 Nigeria Rapid Application Development Platform Market by Business Function
      • 11.4.7.6.5 Nigeria Rapid Application Development Platform Market by Enterprise Size
      • 11.4.7.6.6 Nigeria Rapid Application Development Platform Market by Vertical
    • 11.4.7.7 Rest of LAMEA Rapid Application Development Platform Market
      • 11.4.7.7.1 Rest of LAMEA Rapid Application Development Platform Market by Type
      • 11.4.7.7.2 Rest of LAMEA Rapid Application Development Platform Market by Component
      • 11.4.7.7.3 Rest of LAMEA Rapid Application Development Platform Market by Deployment
      • 11.4.7.7.4 Rest of LAMEA Rapid Application Development Platform Market by Business Function
      • 11.4.7.7.5 Rest of LAMEA Rapid Application Development Platform Market by Enterprise Size
      • 11.4.7.7.6 Rest of LAMEA Rapid Application Development Platform Market by Vertical

Chapter 12. Company Profiles

• 12.1 Microsoft Corporation
  • 12.1.1 Company Overview
  • 12.1.2 Financial Analysis
  • 12.1.3 Segmental and Regional Analysis
  • 12.1.4 Research & Development Expenses
  • 12.1.5 Recent strategies and developments:
    • 12.1.5.1 Partnerships, Collaborations, and Agreements:
    • 12.1.5.2 Product Launches and Product Expansions:
    • 12.1.5.3 Mergers & Acquisitions:
  • 12.1.6 SWOT Analysis
• 12.2 Salesforce, Inc.
  • 12.2.1 Company Overview
  • 12.2.2 Financial Analysis
  • 12.2.3 Regional Analysis
  • 12.2.4 Research & Development Expenses
  • 12.2.5 Recent strategies and developments:
    • 12.2.5.1 Partnerships, Collaborations, and Agreements:
    • 12.2.5.2 Product Launches and Product Expansions:
  • 12.2.6 SWOT Analysis
• 12.3 IBM Corporation
  • 12.3.1 Company Overview
  • 12.3.2 Financial Analysis
  • 12.3.3 Regional & Segmental Analysis
  • 12.3.4 Research & Development Expenses
  • 12.3.5 SWOT Analysis
• 12.4 SAP SE
  • 12.4.1 Company Overview
  • 12.4.2 Financial Analysis
  • 12.4.3 Regional Analysis
  • 12.4.4 Research & Development Expense
  • 12.4.5 Recent strategies and developments:
    • 12.4.5.1 Acquisition and Mergers:
  • 12.4.6 SWOT Analysis
• 12.5 Oracle Corporation
  • 12.5.1 Company Overview
  • 12.5.2 Financial Analysis
  • 12.5.3 Segmental and Regional Analysis
  • 12.5.4 Research & Development Expense
  • 12.5.5 SWOT Analysis
• 12.6 Pegasystems, Inc.
  • 12.6.1 Company Overview
  • 12.6.2 Financial Analysis
  • 12.6.3 Regional Analysis
  • 12.6.4 Research & Development Expenses
  • 12.6.5 Recent strategies and developments:
    • 12.6.5.1 Product Launches and Product Expansions:
    • 12.6.5.2 Acquisition and Mergers:
  • 12.6.6 SWOT Analysis
• 12.7 ServiceNow, Inc.
  • 12.7.1 Company Overview
  • 12.7.2 Financial Analysis
  • 12.7.3 Regional Analysis
  • 12.7.4 Research & Development Expenses
  • 12.7.5 Recent strategies and developments:
    • 12.7.5.1 Product Launches and Product Expansions:
• 12.8 Siemens AG (Mendix)
  • 12.8.1 Company Overview
  • 12.8.2 Financial Analysis
  • 12.8.3 Segmental and Regional Analysis
  • 12.8.4 Research & Development Expense
  • 12.8.5 Recent strategies and developments:
    • 12.8.5.1 Partnerships, Collaborations, and Agreements:
    • 12.8.5.2 Acquisition and Mergers:
  • 12.8.6 SWOT Analysis
• 12.9 Appian Corporation
  • 12.9.1 Company Overview
  • 12.9.2 Financial Analysis
  • 12.9.3 Regional Analysis
  • 12.9.4 Research & Development Expense
  • 12.9.5 Recent strategies and developments:
    • 12.9.5.1 Partnerships, Collaborations, and Agreements:
    • 12.9.5.2 Product Launches and Product Expansions:
    • 12.9.5.3 Acquisition and Mergers:
• 12.10. Progress Software Corporation
  • 12.10.1 Company Overview
  • 12.10.2 Financial Analysis
  • 12.10.3 Regional Analysis
  • 12.10.4 SWOT Analysis
• 12.11 OutSystems
  • 12.11.1 Company Overview
  • 12.11.2 Recent strategies and developments:
    • 12.11.2.1 Partnerships, Collaborations, and Agreements:
    • 12.11.2.2 Product Launches and Product Expansions:

Chapter 13. Winning Imperatives of Rapid Application Development Platform Market