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The no-code AI platform market size is valued to increase by USD 16.8 billion, at a CAGR of 35.5% from 2024 to 2029. Mitigation of specialized talent scarcity will drive the no-code AI platform market.
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In today's business landscape, the adoption of no-code AI platforms has gained significant traction, enabling organizations to build and deploy AI applications without requiring extensive coding knowledge. According to recent studies, over 65% of enterprises are expected to use low-code or no-code platforms by 2024, representing a 40% increase from 2019. This shift towards no-code development can lead to substantial business benefits, such as a 30-60% reduction in application development time and a 35% increase in productivity. These platforms offer a drag-and-drop interface, allowing users to build complex workflows using pre-built components, including data integration tools, model training, and predictive analytics. They also provide advanced features like model versioning, error handling, and model monitoring, ensuring data security through encryption and access control. Additionally, they offer scalable infrastructure, API connectors, and real-time data processing, making it easier for businesses to align with compliance requirements and optimize performance. Moreover, no-code platforms support various AI applications, such as computer vision algorithms, natural language processing, and machine learning models, which can lead to significant ROI improvements. They also offer customizable dashboards, workflow automation, and deployment pipelines, enabling businesses to streamline their operations and collaborate more effectively. With robust security protocols and version control systems, these platforms offer a reliable and efficient solution for businesses seeking to build and deploy AI applications.
The scarcity of specialized talent serves as the primary market catalyst, necessitating organizations to implement strategies for mitigating this issue.
Artificial Intelligence is undergoing democratization, which represents the latest market trend. This process makes advanced AI technologies more accessible to a wider audience.
Scalability, customization, and performance limitations pose significant challenges to industry growth, requiring innovative solutions to ensure continued expansion and competitiveness.
The no-code AI platform industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
The SaaS segment is estimated to witness significant growth during the forecast period.
The market continues to evolve, with the Software as a Service (SaaS) segment leading the charge. This model, which delivers applications over the internet on a subscription basis, offers significant accessibility, lowering the barrier to entry for businesses of all sizes. Primary adopters include business analysts, marketing professionals, and operational managers in small to medium enterprises. They utilize these platforms for tasks such as predictive analytics, data visualization, and workflow automation, all without writing code. SaaS models provide scalable infrastructure, model versioning, and security protocols, ensuring seamless integration with API connectors, data integration tools, and machine learning models.
They also offer real-time data processing, model training, and deployment pipelines, enabling the creation of AI applications using drag-and-drop interfaces, visual programming, and natural language processing. Additionally, these platforms support collaborative workspaces, automated testing, and performance optimization, making them an indispensable tool for businesses seeking to leverage AI technology. One study suggests that over 70% of businesses are planning to adopt no-code or low-code development solutions in the next two years.
The SaaS segment was valued at USD 976.60 billion in 2019 and showed a gradual increase during the forecast period.
North America is estimated to contribute 34% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market is experiencing significant growth and evolution, with North America leading the way as the most dominant and mature region. This region's dominance is driven by several key factors. First, the presence of major technology corporations, such as Amazon Web Services, Microsoft, and Google, based in the United States, is fueling innovation and expansion of no-code AI offerings. Second, a vibrant venture capital ecosystem in the US supports the development of new no-code AI solutions. Lastly, the widespread adoption of technology among enterprises and small to medium-sized businesses in North America creates a large user base for these platforms.
These entities offer sophisticated AI and machine learning capabilities directly through their no-code platforms, enabling users without coding expertise to access and utilize these advanced technologies. According to recent estimates, the global no-code AI market is projected to grow at a rapid pace, with North America accounting for over 40% of the market share. This growth is attributed to the region's strong focus on digital transformation and the increasing adoption of AI and machine learning technologies.
Customer Landscape of No-Code AI Platform Industry
Companies are implementing various strategies, such as strategic alliances, no-code ai platform market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Altair Engineering Inc. - This company provides a visual, workflow-based solution for data preparation, machine learning, and model operations, eliminating the need for coding. Their platform streamlines data analysis processes, enhancing efficiency and accuracy.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled No-Code AI Platform Market insights. See full methodology.
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Market Scope |
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Report Coverage |
Details |
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Page number |
238 |
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Base year |
2024 |
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Historic period |
2019-2023 |
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Forecast period |
2025-2029 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 35.5% |
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Market growth 2025-2029 |
USD 16799 million |
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Market structure |
Fragmented |
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YoY growth 2024-2025(%) |
33.1 |
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Key countries |
US, India, China, Canada, Germany, UK, Japan, France, South Korea, and Brazil |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
"Leverage Technavio's unparalleled research methodology and expert analysis for accurate, actionable market intelligence."
In today's business landscape, the ability to build and deploy artificial intelligence (AI) models without requiring extensive coding knowledge has become a game-changer. The market is witnessing significant growth, offering businesses an opportunity to create and manage AI models using intuitive, drag-and-drop interfaces. These platforms enable the easy deployment of machine learning models, making AI development accessible to a wider audience. Compared to traditional low-code platforms for AI development, no-code solutions offer even more streamlined processes. Business users can now build custom AI applications rapidly, automating data integration workflows and visual programming for AI model training. Version control management ensures AI models are easily managed and monitored in real-time, allowing for improved decision-making through Explainable Ai model insights.
Creating interactive dashboards for AI insights is another advantage of no-code AI platforms. These visualizations enable businesses to gain valuable insights into their operations, such as optimizing supply chain processes or ensuring regulatory compliance. Secure deployment of AI models in the cloud ensures scalability and ease of access, while collaborative development environments foster innovation and teamwork. Compared to traditional AI application development, no-code platforms offer a significant reduction in coding requirements. Businesses can create production-ready AI models quickly, automating workflows for improved efficiency. The user-friendly interface for AI model management ensures that even non-technical users can effectively manage and monitor their models. According to recent market research, the market is experiencing a compound annual growth rate (CAGR) of over 40% compared to the 20% CAGR of traditional AI development platforms. This growth underscores the increasing demand for accessible AI solutions that can help businesses gain a competitive edge.
What is the expected growth of the No-Code AI Platform Market between 2025 and 2029?
USD 16.8 billion, at a CAGR of 35.5%
What segmentation does the market report cover?
The report is segmented by Deployment (SaaS and PaaS), Technology (Natural language processing, Deep learning, Machine learning, and Computer vision), End-user (IT and telecom, BFSI, Retail, Healthcare, and Others), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)
Which regions are analyzed in the report?
North America, Europe, APAC, South America, and Middle East and Africa
What are the key growth drivers and market challenges?
Mitigation of specialized talent scarcity, Overcoming limitations in scalability, customization, and performance
Who are the major players in the No-Code AI Platform Market?
Altair Engineering Inc., Alteryx Inc., Amazon Web Services Inc., Automation Anywhere Inc., C3.ai Inc., Clarifai Inc., Dataiku Inc., DataRobot Inc., Google Cloud, H2O.ai Inc., International Business Machines Corp., KNIME AG, Levity AI GmbH, Microsoft Corp., Runway AI Inc., Salesforce Inc., SAP SE, SAS Institute Inc., and ServiceNow Inc.
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1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Five Forces Analysis
7 Market Segmentation by Deployment
8 Market Segmentation by Technology
9 Market Segmentation by End-user
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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