How Developers and Designers Are Accelerating App Development with Low Code Platforms
Low-code platforms accelerate product development cycles by enabling development teams to use WYSIWYG tools with drag & drop interfaces to rapidly build and deploy applications. This delivers faster results than traditional coding methods, with estimates of 75% reduction in development time and 65% reduction in development costs.
Both Gartner and Forrester have estimates that by 2024, roughly 65% of app development will be done on low code platforms. The global low-code application market revenue is estimated to be just below $50B USD by 2025 with a projected growth up to $85B USD at a compounded annual growth rate (CAGR) of around 30% in the forecasted period. Every vertical market is impacted by low-code tools, from banking & financial services leading the way, with healthcare, insurance, energy, manufacturing, telecom, government investing heavily in low-code tools.
App Builder™ from Infragistics is a cloud-based, low-code WYSIWYG drag & drop tool that eliminates the complexity of building rich experiences in modern web applications. With App Builder, you can start your app from scratch or choose from a library of pre-built templates or responsive screen layouts, you can use built-in themes or add your own, perform data binding to cloud-based or on-prem data, and generate production ready code to continue your app dev cycle. App Builder comes with a complete UI library with a WYSIWYG designer that lets you build apps in minutes not days, weeks or even months.
Over the last 6 months, we have been hosting a bi-weekly webinar series where we demonstrate features, capabilities and customer benefits inside App Builder. At the conclusion of each session, we ask our audience of developers, designers, and product managers questions to gauge their thoughts on the direction of software development in 2023 and beyond, and how App Builder fits in to their app development needs.
This survey reports what we’ve learned in the first half of 2023.