Blog Summary
Over the next five years, the low-code development market is expected to experience continued, rapid growth, becoming responsible for more than 65% of all application development activity by 2024. This growth will be driven by several key trends, including a significant increase in adoption by businesses seeking to streamline operations. The future of low-code will also be defined by its seamless integration with AI and machine learning, enabling more sophisticated automation and advanced features like predictive analytics and data visualization. Furthermore, the lines between low-code (some coding required) and no-code (no coding required) platforms will blur, making development more accessible to a wider range of users. Finally, the platforms will continue to offer more customization options to meet unique business needs.
Key Questions Answered by the Article
What is the overall prediction for the low-code market in the next five years?
The low-code market is predicted to experience explosive growth, with a forecast that low-code application development will be responsible for more than 65% of all application development activity by 2024. This indicates that low-code will become a mainstream and dominant method for creating custom software applications for businesses.
How will AI and machine learning affect low-code platforms in the future?
AI and machine learning will become deeply integrated into low-code platforms. This integration will enable low-code platforms to offer more advanced features and intelligent automation capabilities, such as predictive analytics, streamlined workflows, and real-time data insights. This will empower businesses to build more sophisticated applications with less effort.
What does the convergence of low-code and no-code platforms mean for development?
The convergence of low-code and no-code platforms means that software development will become more accessible to a broader audience. As the two types of platforms blur, more users with little to no coding experience will be able to use low-code platforms to create their own applications. This will tap into a larger pool of talent and lead to increased creativity and innovation.
Where Will Low-Code Be in 5 Years?
“Low-code is on the crest of the digital revolution wave,” says Grace Schroeder, CEO of Slingr, who started the company back in 2011 to make app development faster and easier using low-code technology.
“To make sure we stay firmly ahead of the curve,” she adds, “we need to look forward to where we will be in a few years' time.”
Here are some predictions for where the low-code market is headed in the next 5 years:
Increased Adoption
The low-code market is expected to continue to grow at a rapid pace over the next 5 years. In fact, according to Gartner, low-code application development will be responsible for more than 65% of all application development activity by 2024. This means that more and more businesses will adopt low-code platforms to create custom software applications.
Integration with AI and ML
As artificial intelligence (AI) and machine learning (ML) continue to grow in popularity, low-code platforms will need to adapt to integrate these technologies. Low-code platforms that can easily integrate with AI and ML tools will be in high demand, as businesses seek to automate processes and gain insights from their data.
More Advanced Features
Low-code platforms will continue to evolve and offer more advanced features to users. This will include features like advanced analytics, data visualization, and IoT integrations. These features will enable businesses to create more sophisticated and complex applications using low-code platforms.
Mobile Development
With the increasing use of mobile devices, low-code platforms will need to adapt to enable developers to create mobile applications easily. This means that low-code platforms will need to have strong mobile development capabilities and be able to support the creation of mobile applications across different operating systems and devices.
Low-Code and No-Code Convergence
Over the next 5 years, we can expect to see more convergence between low-code and no-code platforms. While low-code platforms require some coding knowledge, no-code platforms require no coding at all. As these platforms converge, we can expect to see more users with no coding experience using low-code platforms to create applications.
More Customization
Low-code platforms will continue to enable businesses to create customized applications to meet their unique needs. In the future, we can expect to see even more customization options, allowing businesses to create applications that are tailored to their specific processes and workflows.
So now you have a better idea of what the low-code market will look like, perhaps you’re wondering where to go to try it out for yourself. Slingr has a low-code solution for you that is up to 4x times faster, simple to use, and fully customizable.
Slingr offers a low-code platform for businesses at every stage, whether it’s startups looking to boost a first product launch or enterprises about to hit yet another growth milestone. With Slingr Labs, we offer a low-code-powered LIMS that will streamline how commercial labs work, saving time and money. And, with Slingr.dev, a staff augmentation solution, we provide clients with custom-built teams of talented tech professionals that deliver versatility, value, and solutions.
Book a meeting with Slingr now to find out how we can help you discover the world of low-code.
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