Low-Code Digital Experience system is a visual development approach, a more straightforward way to design and develop software/applications. By reducing the amount of complex hand-coding, Low-Code is making automation more widespread, opening application development to a new generation of builders.
By ‘Digital Experience Platform,’ we generally refer to a software platform that orchestrates the tools needed to achieve excellent user experiences. A DXP centralizes and connects content, data, personalization, and metrics so companies can deliver great experiences across all digital touchpoints.
Put it together and we get a new breed of Low-Code Digital Experience Platforms (DXP). These platforms provide a simple visual interface, point-and-click creation, drag-and-drop components, and scripts with base-level codes for smoother integration. With the aid of these platforms, users can create a prototype, test, launch, deploy, and make changes or manage the rapid transformation of powerful business apps.
The easy-flowing systems of these platforms are aimed generally for business professionals from non-technical backgrounds, enabling them to create applications without going through the tedious infrastructural process of application development. With a Low-Code DXP, we can expect speedy delivery of high-performing business applications, faster innovation, and smarter operation.
The recent trend shows that low-code development platforms address both the growing demands from the business as well as classic IT capacity-related problems. Entrepreneurs can now use low-code development tools to fuel operational efficiency and improve the experience of their customers. Segments benefiting the most from Low-Code DXPs are mobile app development, business management software, and website building.
If we look at the most recent market research predicting the future of the Low-Code development market, analysts forecast the market to expand.
Gartner forecasts that by 2024, three-quarters of large enterprises will be using at least four low-code development tools for both IT application development and citizen development initiatives. They also forecast that by 2024, low-code application development will be responsible for more than 65% of application development activity.
Forrester Research predicts the market for low-code and no-code development platforms to grow from $3.8 billion in 2017 to $21.2 billion in 2022.
MarketsandMarkets Research predicts that the low-code development platform market size is expected to grow from USD 3.20 Billion in 2016 to USD 27.23 Billion by 2022.
September 2019’s largest tech deal was Vista’s $1B acquisition of Boston-based Acquia, a Low-Code DXP for Drupal.