The Low Code Development platform market size is growing exponentially. It was USD 10.82 billion in 2020 and is projected to rise to USD 94.75 billion by 2028 at a CAGR (Compound Annual Growth Rate) of 31.6%. As per Gartner, more than half of enterprises will adopt low-code application platforms as part of their core digital strategy.
Any business owner would be right to think that such a market is bound to become chaotic. However, you may wonder why the Low-Code Development Platforms market promises such growth and how to make the most of it.
We will answer these questions and discuss Claris FileMaker, the best future-proof Low-Code Development Platform available in the market today.
Low Code Development Platforms
A Low Code Development Platform, also known as LCDP, offers a Graphical User Interface (GUI) environment to create application software.It means that a user does not have to be a hardcore coder to make useful apps providing meaningful service to customers. There are several presets from which a user can pick and choose the most appropriate designs to create their applications.
Even though minor additional coding may be required at times, it is undeniable that LCPDs accelerate the workflow by leaps and bounds.
How Does the Low Code Development Platforms Market Promise Such Growth?
There are several benefits to using LCDPs that render its market so profitable in the years to come. Here are the main ones:
- You can make an application entirely using presets and don’t require too much coding knowledge.
- There is a drastic decrease in bugs when using tried and tested presets.
- You can update and maintain your apps without spending a lot of money on outside help.
- With a cloud -enabled platform, users can synchronize and release their work remotely.
Type of applications that can be developed:
Various type of applications ranging from event management, content and project management to orders and invoicing, workflow optimization can be developed.
What are the Benefits of Low Code Development Platforms?
Low-Code Development Platforms make it easier to create versatile apps for specific tasks. It could be a business crafting an app from scratch or automating manual processes. The following benefits of LCDPs like Claris FileMaker contribute immensely to it being the most heavily pursued interest in the market:
- Improved App Support
Create apps effortlessly that perform exceptionally well across all digital devices.
- Cost Reduction
Since LCDPs offer a GUI (Graphical User Interface), it is possible to make several apps in a fraction of the time to make them traditionally. Additionally, you don’t need more developers to create and update apps with LCDP. These factors reduce your overall cost immensely.
- Increased Productivity
Traditionally, writing the code for software would take months, and then there would be bugs that need fixing. However, making the same software using Low-Code Development Platforms requires only a few days and sometimes even less. Thus, there is a measurable increase in productivity.
- Enhanced Customer Experience
Low-Code Development Platforms help organizations adapt to the changes in the market quickly. Thus, meeting the evolving customer needs more efficiently.
- Efficient Risk Management
Regulations and guidelines are constantly changing. A traditional method would require you to take down your app for days to make the necessary changes to comply with them. However, making changes to your software using an LCDP like Claris FileMaker is easy, simple, and extremely fast.
You want to make a sudden change to your app that makes it easier for your customers to enjoy it. Using a Low-Code Development Platform makes it easy to make crucial changes at the right time.
From these benefits, you can well realize that all businesses will eventually try to jump on this technology to safely adapt and address the quickly-changing market conditions. Thus, the enormous market size projection.
How Can You Make the Most of Low Code Development Platforms?
- Unlimited Options
Since we are talking about working with presets, there is a good chance that you may be stuck with whatever your LCDP offers and cannot customize your app entirely. In that case, you may choose to go with an LCDP that ensures platform depth.
Pick a platform that lets you choose the systems and apps to connect to and what information to share. You can then automate how these systems work together.
- Massive Scope for Innovation
Nobody wants their app development capabilities to be limited by location or IT resources. Instead, you may wish for your platform to grow along with your business.
Meaning something that enables you to quickly create prototypes and working models to adapt to the changing marketplace and evolving customer needs. It would require your LCDP to analyze vast amounts of data and be cloud-based.
- Reliability and Support
Most new businesses are coming up with their Low-Code Development platforms now that they see the market booming. However, to be sure of the quality and support, it is always advisable to go with an LCDP that has been around for a long time and has gained market trust.
It will also help you by providing quick solutions with a massive network of developers and LCDP partners whenever you need them.
If the points mentioned above sound like a great place to start, you are in luck. These are the factors that set Claris FileMaker apart from the rest.
Like other businesses, if you too are looking for low code development platforms Mindfire Solutions can be your partner of choice. We have a team of highly skilled and certified software professionals, who have developed many custom solutions for our global clients over the years.
Here are a few interesting projects we have done with Claris Filemaker. Click here to know more:
Case study on retail business suite
Multi site setup for selling courses online.