1. Break the misunderstanding of low-code
There is no doubt that since 2020, low-code has become a major focus in the field of enterprise services, and the popularity has not dissipated.
Low-code agile development and public-oriented characteristics fit well with the needs and goals of enterprise digital transformation. It not only helps enterprises lower the development threshold, shorten the business launch cycle, but also save time and labor costs, and achieve the purpose of reducing costs and increasing efficiency. .
Gartner has predicted that by 2024, 65% of application development activities will be done in a low-code manner, while 75% of large enterprises will use at least four low-code development tools for application development.
The data also proves that the low-code market is bright. The "China Low-Code and Zero-Code Software Market Tracking Report for the Second Half of 2022" recently released by IDC shows:
In the second half of 2022, the market size of China's low-code and zero-code software is 1.56 billion yuan, a year-on-year growth rate of 29.8%; in 2022, the market size will reach 2.62 billion yuan, a year-on-year increase of 24.2%, showing strong market demand.
At the same time, IDC predicts that the market size of China's low-code and zero-code software will reach 3.47 billion yuan in 2023, an increase of 32.4% year-on-year;