Technological advancements and adoption of rapid application development in various industries, such as BFSI, IT & telecom and healthcare to drive global rapid application development market through 2024
According to TechSci Research report, “Global Rapid Application Development Market By Type, By Component, By Business Function, By Deployment, By Organization Size, By Vertical, By Region, Competition, Forecast & Opportunities, 2024”, global rapid application development market is expected to register growth during the forecast period, due to rising demand for customized applications and expanding BYOD trend in enterprises.
Rapid application development (RAD) helps to save money and time for the company by developing applications with low- or no-coding knowledge, thereby aiding market growth.
Browse market data Tables and Figures spread through 110 Pages and an in-depth TOC on "Global Rapid Application Development Market"
Rapid application development market, globally, can be segmented based on type, component, business function, organization size, deployment, vertical and region.
Based on the type, the market can be bifurcated into low-code development platform and no-code development platform.
Browse market data Tables and Figures spread through 110 Pages and an in-depth TOC on "Global Rapid Application Development Market"
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The report "Rapid Application Development Market by Type (Low-code and No-code), Tool (Mobile-based, Web-based, Desktop-based, and Server-based), Business Function, Deployment Model, Organization Size, Industry Vertical, and Region - Global Forecast to 2023", The rapid application development market size is expected to grow from USD 7.8 billion in 2018 to USD 46.2 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 42.9% during the forecast period.
The key factors driving the rapid application development application market include increase in need for customization and scalability with rising business mobility driving business smartphone adoption.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=252654522Browse 66 market data Tables and 40 Figures spread through 137 Pages and in-depth TOC on "Rapid Application Development Market - Global Forecast to 2023"Expanding user base driving he deployment of both web based and mobile based development applications to account for the largest market size in 2018The companies in this industry vertical are constantly evolving in terms of technology.
The telecommunications and IT industry vertical shows an increased rate of deployment of RAD platforms, as organizations in the industry vertical are always looking for application development solutions.
The SMEs in this industry vertical are also entering into the application development industry and are deploying cloud-based RAD platforms to reduce the costs related to designing and developing applications.The increased scalability and improved security with 24/7 service and support availability to drive the adoption of rapid application development in SMEs and large enterprisesSMEs and large enterprises are adopting RAD platforms to develop applications and enhance their productivity.
In fact, the cloud-based deployment model helps in the rapid development of business applications, which, in turn, is beneficial for organizations that have strict budgets for investments in IT infrastructure.The sales and marketing to grow at a higher CAGR during the forecast periodEnterprises and organizations are extensively harnessing the power of RAD solutions to provide various services to clients and remain competitive in the market.
Organizations can design separate applications for event planning and follow-ups, thereby streamlining the process of designing, manufacturing, and ordering marketing materials.North America to account for the largest market size during the forecast periodNorth America is estimated to contribute the largest share to the global RAD market.
As we move closer to 2020, we figured that some of you may need a head start in identifying the best RADPs out there.
Rapid application development platform or RADP is a concept that emphasizes on swift development of web and mobile applications.
In an ever-competitive market, rapid mobile app development is replacing traditional methods and off-the-shelf products with passion.
Our Top 5 Rapid Mobile App Development Platforms for Businesses
The following results take into consideration key RADP factors such as pre-configured application templates, cross-platform compatibility, the range of automation offered, systems integration and data migration, ease of use for laymen, and visual development support.
This Boston-based company arms its developers with high-end tools and functionality to develop, iterate and manage enterprise technology quickly.
Rising demand from developing economies coupled with expanding metal & mining industry to fuel global specialty gases market through the forecast period.According to TechSci Research report “Global Specialty Gases Market By Application, By Type, By Region, Competition Forecast and Opportunities, 2012-2026”, the global specialty gases market is projected to cross $ 14 billion by 2026, predominantly on account of surging demand for specialty gases from developing economies across a wide array of applications.
Specialty gases are specifically produced for specialized operations in various end-user applications such as electronics and semiconductors, analytical and calibration, refrigeration, medical and healthcare, manufacturing and others.
Pure gases dominated the global specialty market in 2016, and the segment is projected to dominate during the forecast period as well on account of vast usage of specialty gases across various application segments like electronics & semiconductors, analytical & calibration, etc.
In application segments, electronics & semiconductors grabbed the largest share during 2012 - 2016, owing to growing use of specialty gases during manufacturing processes of IT hardware, consumer electronics and office automation products.
Asia-Pacific is the market leader and is likely to maintain its dominance during the forecast period as well, with high demand for specialty gases from countries like China, Japan and South Korea.Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=1552Customers can also request for 10% free customization on this report.In 2016, Air Products & Chemicals Inc. was the market leader in the global speciality gases market, followed by Praxair Inc., and Linde Group.
Further, proliferation in metal & mining industry has helped the specialty gases market to grow over the last few years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.“Global Specialty Gases Market By Application, By Type, By Region, Competition Forecast and Opportunities, 2012-2026” has evaluated the global specialty gases market and has provided the statistics and information on market structure, industry behaviour and trends.