Global Rapid Application Development Market Size was valued nearly USD 7.9 billion by 2017 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 42.9% during the forecast period, i.e. 2017-2025. The growing demands for faster programming application and in affordable price are projected to grow the industry overt the forecast timespan due to develop customized and scalable business related applications. These technologies help software developer to build customized softwares with minimum hand coding, additionally it is high level and high quality software development process compared with traditional S/W development life cycle. This type of application development process help to save time, giving customize features to developer and number of workforce handle in same time to boost need of the rapid application development applications. The increasing digital usages has lead the organization and meet the requirement of clients in quick time, this platform is help to develop a customized application to technical or nontechnical users using RAD’s features, and it is need minimal training to non-developers these are the major factor to growing adoption of rapid application development tools in business.

Global Rapid Application Development Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market analysis offers in-depth insights, revenue details, and other vital information regarding the global RAD market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global rapid application development market report has been segmented on the basis of type, application, and region. It includes the calculation of the market size, in terms of value and growth, with respect to 4 main regions, mainly, North America, Europe, APAC, and RoW.

Market Segment

Based on the technology type, the RAD type segment is divided into Low-code and No-code. The No-code application development platform offers software tools that help to develop applications using the drag-and-drop method. This application platform is projected to boost the industry due to easy to develop new platform and easy to learn process.

Growing mobile and web based users, demand from organizations for actionable software to offer customer-centric products that is impact the growth of the overall RAD industry. SMEs are mainly used to build applications and improve the application productivity and usability rapidly.  Additionally, this platform offer to save money, time, and resources. Third segment the cloud based platform is projected to grow fastest in coming years due to increasing demand from IT sectors, large enterprises and SMEs have been shifted on new technology platform. The technological developments and user-friendly cloud solution such as (PaaS), Infrastructure-as -a-Service (IaaS), and Everything-as-a-Service (XaaS) are boosting the business mobility on a large scale.

Regional Analysis

The global rapid application development market is divided into regions that are North America - U.S, Canada, Other) (Asia-Pacific -India, Japan, China, Australia, Other) (Europe - UK, Russia, France, Brazil, Other) (Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. North America was valued significant growth in 2017 and is estimated to hold the largest industry share of RAD market over the forecast timespan. Owing to increasing use of new innovative technology, people finding easy to develop and use platform, secure data technologies and easy to customize. Some of technologies are emerge as new user-friendly platform such as IoT, AI, ML, cloud computing, big data, DevOps, and enterprise mobility to help to develop sophisticated and reliable applications and related services. In North American US and Canada, this will be also witnessing a large adoption of RAD platforms in coming years.

Global Rapid Application Development Market Size, Share Analysis By Region 2017

In 2017, Asia Pacific market was calculated healthy CAGR growth and it will continue dominates the region in next few years. Due to major service provider as well number of key players which are offer services associated with RADs same time skills oriented resources, low cost work, data security, user-friendly work environment, in time delivery and customize services as per client requirements that are major factors influence growth of the regional market. Middle East and Africa market gaining attraction of the investment for the companies for more scope in the regions and expected to rise healthy growth over the forecast period.

Key Players  

The global and regional key players in rapid application development market service providers, that are IBM, AWS, Google, Microsoft, Oracle, Salesforce, Appian, Mendix , Zoho Corporation, OutSystems, LANSA, Ninox, Oro, Matsoft, Kony, Pegasystems, ServiceNow, WaveMaker, KiSSFLOW, Radzen, AmpleLogic, FileMaker, QuickBase, AppSheet, and K2. This study report analysis in-depth competitive analysis of these major players in the global industry with their company profiles, recent developments, and key market strategies.

Global Rapid Application Development Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.