target audience: TECH SUPPLIER Publication date: Aug 2023 - Document type: Market Forecast - Doc Document number: # US50224723
Worldwide Low-Code, No-Code, and Intelligent Developer Technologies Forecast, 2023–2027
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Abstract
This IDC study presents a five-year forecast based on the assumptions represented in the Worldwide Black Book: Live Edition (November 2022). These forecasts account for events, market conditions, and other macroeconomic inputs through October 2022. We will continue to monitor changes in macroeconomic conditions and reflect these changes in future forecasts. The forecast also reflects updates made to IDC's Software Tracker in November 2022.
"The LCNCIDT market grew at a robust rate of 17.5% in 2022, as enterprises continue to struggle with developer scarcity," said Michele Rosen, research manager, Low-Code, No-Code, and Intelligent Developer Technologies at IDC. "In response to widespread enterprise demand for generative AI features and tools, the intelligent developer technologies segment will drive significant growth in this market during the forecast period."