Trends Report

The Low-Code And Digital Process Automation Market, 2023 To 2028

Rapid Adoption, Blurring Product Segments, And AI Transform A $30 Billion Market

January 10th, 2024
John Bratincevic, Principal Analyst
John Bratincevic Principal Analyst
Renee Taylor-Huot, Senior Researcher
Renee Taylor-Huot Senior Researcher
Zachary Stone, Data Researcher
Zachary Stone Data Researcher
With contributors:
Chris Gardner , Diego Lo Giudice , Craig Le Clair , Bernhard Schaffrik , David Mooter , Margo Visitacion , Boris Evelson , Lauren Alexander , Kara Hartig

Summary

Low-code development and digital process automation (DPA) platforms are critical to modern business — and the two are rapidly converging. As these categories continue to blur, products in adjacent segments also seek to enter the market. Our analysis of more than 100 vendors uncovers three possible market growth scenarios from 2023 to 2028. This report summarizes our key findings about the market dynamics, emerging competitive landscape, and next stage for this rapidly changing category.

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