IDC have recently released their new IDC FutureScape predictions. Their Worldwide Cloud 2022 Predictions report included an important statistic on the use of low-code and no-code platforms:
“By 2023, 60% of Net-New Applications Will Be Developed
with No-Code/Low-Code Platforms, Up from 30% Today”
According to this statistic, the percentage of applications built using low-code/no-code will double compared to today. But the change in the actual number of applications developed will likely be even more significant.
If application development occurred at a constant pace, the prediction would mean the number of applications built using low-code and no-code platforms would also double over the next 2 years. However, the number of applications developed each year is not constant, it’s rapidly increasing.
As demand for digital products and services increases, there has been a dramatic increase in the number and rate of applications produced. According to an earlier prediction by IDC in 2019:
“By 2023, over 500 Million Digital Apps and Services Will Be Developed
and Deployed Using Cloud-Native Approaches”
This is the same as the number of applications created over the past 40 years combined.
Taken together, these two statistics show how truly staggering the increase in low-code and no-code application development will be. And the number of applications created each year will only continue to increase as the world becomes more digitalised. As a result, in the future businesses will be using low-code and no-code platforms to create more and more applications every year.
As the factors driving the adoption of low-code and no-code platforms keep growing, low-code application development will continue to accelerate into the new normal.
Find out more about low-code development here.