Trends Report

Low-Code Platforms Are Going Vertical

Specialized Low-Code Platforms Are Attracting Motivated Buyers Using Industry-Specific Tailor-Made Solutions

November 10th, 2022
Jessica D'Oliveira, null
Jessica D'Oliveira
Rob Koplowitz, null
Rob Koplowitz
With contributors:
Chris Gardner , Zachary Stone , Caroline Bonde , Kara Hartig

Summary

The benefits of low-code are clear: reduced development time, access to cheaper and more plentiful nontraditional development resources, software development with deeper participation from critical business resources, and for some, the opportunity to embark on citizen development programs. And the market has responded. Forrester is currently tracking more than 100 low-code vendors. As the megavendors flex their muscles in this lucrative market, many smaller vendors are responding with solutions aimed at addressing specific vertical and horizontal challenges. This trend represents new and compelling options that could be the right answer for many organizations.

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