Published Date : 2025-Apr-09
The low-code development revolution is accelerating as businesses seek agile solutions to reduce time-to-market and IT overhead. This sector is attracting massive investments, especially in enterprise applications and digital transformation tools.
The market and is expected to reach a value of $13.65 billion by 2034, at a CAGR of 2.5% over the forecast period (2025–2034).
Below are the most influential players leading this evolution.
Microsoft Power Apps is at the forefront of the global low-code/no-code revolution, offering enterprise-grade tools that empower both developers and business users to create applications with minimal code. It's deeply integrated into the Microsoft ecosystem, enabling seamless deployment within Microsoft 365, Azure, and Dynamics 365 environments.
OutSystems is one of the top-tier low-code development platforms, recognized globally for its robust architecture and enterprise-level capabilities. Designed to handle complex, scalable applications, OutSystems is ideal for large organizations looking to accelerate digital transformation without compromising performance or integration.
Mendix is a leading low-code application development platform, well known for its deep enterprise integration, full-stack capabilities, and support for cloud-native and industrial IoT applications. Since being acquired by Siemens AG in 2018, Mendix has become the digital backbone for many industrial, manufacturing, and logistics applications globally.
Appian is a U.S.-based leader in the low-code development platform market, recognized for its strong process automation and case management capabilities. It provides a unified platform that combines low-code development, process mining, AI, and RPA (Robotic Process Automation) – making it highly attractive to enterprises with complex workflow needs.
ServiceNow is an enterprise-grade low-code platform embedded within the ServiceNow ecosystem, empowering organizations to automate workflows, build departmental apps, and streamline IT operations on a unified cloud-native environment. It stands out for its robust workflow orchestration, AI-driven automation, and strong foothold in ITSM and ITOM.
Quickbase is a cloud-based low-code platform designed for building custom, real-time applications, particularly suited for operations, project management, and supply chain workflows. It stands out for its ease of use, data-centric approach, and rapid deployment for non-technical teams across mid-to-large enterprises.
Nintex is a leading process automation and workflow management platform that has evolved into a strong contender in the low-code/no-code development space. Known for its drag-and-drop simplicity, strong document generation, and powerful integrations, Nintex is widely used in finance, government, and healthcare sectors to automate manual, paper-based, or email-driven processes.
Creatio is a fast-growing low-code platform that combines CRM (Customer Relationship Management) and process automation in a unified ecosystem. Formerly known as bpm’online, Creatio has positioned itself as a top choice for organizations seeking business process agility without the complexity of traditional software development.
LANSA is a trusted low-code development platform best known for enabling rapid application modernization, especially for IBM i (AS/400) systems, while supporting web, mobile, and desktop applications across enterprise environments. It has carved a niche in legacy system transformation, combining visual development tools with deep backend integration.
Pegasystems, widely known as Pega, is one of the most advanced enterprise low-code and process automation platforms in the world. It excels in business process management (BPM), AI-powered decisioning, and case management. Pega’s platform is favored by global banks, telecoms, insurers, and government agencies for its robust scalability, decisioning engine, and customer engagement tools.
The global commercial seaweeds industry has accelerated in recent years owing to an increase in demand by various industries such as food and beverages, pharmaceuticals, cosmetics, agriculture, and biofuels. Seaweeds, or macroalgae, refer to marine algae found in oceans and coastlines. They are broadly classified into red, brown, and green algae, which vary in properties and applications for commercial purposes. Previously utilized in various Asian cuisines, namely in Japan, China, and Korea, seaweeds are now gaining popularity all over the world because of their nutritional value of containing high levels of vitamins, minerals, antioxidants, and dietary fibre. The increasing consumer interest in functional foods and plant-based foods has further established their position in the health-focused markets. Besides, the growing focus on sustainable food sources is encouraging public as well as private sector investment in seaweed culture and harvesting.
Technological advances in aquaculture and processing techniques have been a central factor in the scalability and economic viability of commercial seaweed farming. New cultivation technologies, such as rope cultivation and integrated multi-trophic aquaculture (IMTA), increase yield with lower environmental footprint. These technological advancements have also increased the quality and uniformity of seaweed products to levels where they are suitable for industrial processing and large-scale consumption. In addition to their traditional uses in food and nutrition, seaweeds are also being researched for their bioactive compounds, which have antimicrobial, antiviral, and anti-inflammatory properties. This has opened new doors to their application in drugs and personal care products, where renewable and natural materials are in demand.
Seaweed extracts are today utilized in farming as bio-stimulants and fertilizers for boosting the productivity of crops and the fertility of soils within the organic and sustainable international agriculture initiatives. Seaweeds are also being seen more and more as a biofuel and bioplastic feedstock to replace fossil fuel-derived resources. A focus on the mitigation of greenhouse gas emissions and the limitation of climate change has further placed seaweeds on the agenda as a carbon-sequestration green resource.
Because of its growth potential, there are still the issues for commercial seaweed regarding supply chain inefficiency, quality, regulatory compliance, and seasonality variation. All such issues aside, strategic alliance programs among interested parties like the seaweed farm, processors, technology, and research and academic institutions are fostering innovations aimed at tackling the respective issues. Promotional efforts towards sustainable aquaculture, such as increasing interest among venture capitals, are poised to propel market advancement.
Would you like me to add more details on specific companies or market trends? Let me know! CLICK HERE
Intellectual Market Insights Research is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including, Semiconductor, aerospace, Automation, Agriculture, Food & Beverages, Automotive, Chemicals and Materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports.
