According to IDC’s “China Low Code and zero code Software Market Tracking Report in the second half of 2022”, the market size of China’s low code and zero code software in the second half of 2022 was 1.56 billion yuan, with a year-on-year growth rate of 29.8%, and the market size in 2022 reached 2.62 billion yuan, with a year-on-year growth rate of 24.2%. Showing a strong market demand.

Market size

With the continuous introduction of favorable policies by the government and many industries, as well as the improvement of market awareness, China’s low code and zero code market demand will continue to rise. It is estimated that the market size of China’s low code and zero code software will reach 3.47 billion yuan in 2023, an increase of 32.4%. The market size is expected to reach 10.63 billion yuan by 2027, with a compound annual growth rate (CAGR) of 32.3% in the next five years.

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From the perspective of market segmentation, the size of the low-code submarket in 2022 accounted for 88.3%, and the size of the zero-code submarket accounted for 16.7% : low-code development products require a small amount of code writing work, requiring the participation of IT personnel or developers, which can support the construction of complex application scenarios; Zero code development users almost do not need to have professional development knowledge, business personnel can achieve independent application construction, more suitable for national development scenarios. With the continuous deepening of enterprise digital transformation and digital management needs, the application of zero code development in small and micro enterprises and medium and large enterprise business departments will gradually increase in the future. It is expected that by 2027, the proportion of zero code submarket size will increase to 20.7%, and the compound growth rate will reach 38.0% in the next five years.

Market pattern

From the product supply side, the number of low code manufacturers in China is large and diversified. The types of vendors include: independent low-code vendors, enterprise application software vendors, SaaS vendors, systems and vendors, and cloud platform vendors. Many kinds of manufacturers make China’s low code and zero code market more prosperous, more perfect ecological construction, new technology integration and product iteration faster, at the same time, but also caused the market competition intensified, such as: customer cost increase, low project amount problems.