What is No-Code Development?
No-code development is an innovative and alternative approach to building digital products without the need for traditional coding. By leveraging a drag-and-drop graphical interface, this method allows users to create products 10x faster and 5x cheaper. Through no-code development, the barriers to entry for creating digital products have been significantly reduced. This provides flexibility and democratization in an industry that used to be defined by exclusivity.
No-code development is changing the game for non-technical entrepreneurs. People like you.
No-Code Growth So Far
The years preceding 2024, and specifically 2023, were instrumental in the growth of no-code development. For good reason, we saw major strides in the usage, awareness, enjoyment, and impact of no-code tools. In 2023, the no-code movement gained serious momentum and became a critical consideration for those looking to achieve their goals. The list below details some major no-code growth statistics that summarize the changes we saw this year.
- The market for no-code & low code development platforms is estimated to have increased to $21.2 billion in 2023, up from $3.8 billion in 2017.
- The market growth of no-code and low-code project development is estimated at 40% in 2023.
- 84% of enterprises have turned toward no-code and low-code to reduce strain on IT resources and increase speed to market.
Why is No-Code Rising So Quickly?
In our previous blogs, Creme Digital has constantly outlined the amazing benefits achievable with no-code. This software building alternative is a true game-changer that offers unique advantages to individuals, startups, and enterprises. No matter who you are, or what you’re trying to achieve, the benefits of no-code development can help you reach the next level. Below are a few major reasons why no-code is rising so quickly.
No-Code Saves You Money (5x)
Compared to traditional coding methods, no-code is significantly faster. Projects that could take 6+ months can be achieved in 2-3 weeks using no-code. As a result, the reduced time to build your product means less money spent on it. What used to be an unreasonable and burdensome endeavour, only available to those with abundant resources, is now accessible to anyone. All thanks to no-code agencies.
No-Code Saves You Time (10x)
As mentioned above, projects that could take 6+ months can be achieved in 2-3 weeks using no-code. In today’s market, speed and efficiency are critical. A no-code agency can help you move faster, ultimately providing a competitive advantage by increasing your speed to the market.
No-Code Provides Flexibility
Making changes used to mean investing even more resources. Working with a no-code agency allows you to quickly adapt on the fly without wasting more time and money. This process allows for a flexible, ongoing, and collaborative experience.
No-Code Growth to Expect in 2024
Despite the impressive growth seen in 2023, the momentum will continue into the new year—making 2024 another instrumental year for the trajectory of no-code. Even more impressive than the 2023 no-code statistics are the forecasts for what’s to come. Experts are predicting a no-code takeover that is indicative of the amazing results it has produced in 2023. Below are the future forecasts for no-code development heading into 2024.
- 70% of new business applications will use low-code/no-code technologies by 2025 (up from less than 25% in 2020)
- Gartner estimates that the no-code/low-code market will grow to $30 billion by 2025.
It’s well documented that no-code experts believe this amazing alternative will take over the software industry. But what specific trend do we see happening in 2024? We have no doubt that no-code development will continue to expand in various ways, but one specific domain stands out as a potential area for growth. Below is a 2024 prediction for the trajectory of no-code:
Prediction: Increased Adoption by Large Enterprises
A big misconception is that no-code is only needed and used by non-technical entrepreneurs and small startups. However, this is far from the truth. This development method offers a range of benefits for large enterprises, including lower costs, faster time-to-market, and increased flexibility and adaption. No-code is not just an alternative to a better approach—it’s a quality solution that maximizes efficiency and logistics.
How Can You Capitalize on No-Code?
Now that you know what no-code is, you’ve seen its previous growth, and you’re aware of its future projections, it’s time to answer the question: how can you capitalize on its amazing benefits? The answer is simple: a no-code agency.
Creme Digital is a no-code agency based in Toronto, Canada. They help startups, individuals, and enterprises bring their vision to life, with the speed and power of no-code. Recognized by Bubble as a silver agency, Creme is one of the top options on the market. Having helped design, build, and launch some of the fastest-growing startups and enterprise companies in the space, Creme Digital provides diverse work experience and a unique skill set. To learn more, click here.