Tuesday, June 25, 2024

App Builder Software Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope

App builder software refers to a digital tool or platform that enables users to create mobile applications without coding expertise, enabling rapid prototyping, cost-effective development, cross-platform compatibility, and iterative improvements based on user feedback. The goal of app builder software is to democratize the app creation process, allowing individuals and organizations to easily and affordably construct mobile apps that are suited to their specific requirements.

Sizing and Forecast
The app builder software market size has grown rapidly in recent years. It will grow from $2.81 billion in 2023 to $3.26 billion in 2024 at a compound annual growth rate (CAGR) of 16.0%.  The growth in the historic period can be attributed to the rise of mobile app usage, shortage of skilled developers, demand for rapid prototyping, empowerment of citizen developers and expansion of the app economy.

The app builder software market size is expected to see rapid growth in the next few years. It will grow to $5.94 billion in 2028 at a compound annual growth rate (CAGR) of 16.1%.  The growth in the forecast period can be attributed to the expansion of the Internet of things (IoT), focus on digital transformation, demand for customization and personalization, shift towards remote work and collaboration and increasing mobile app usage. Major trends in the forecast period include rise of no-code or low-code platforms, integration of AI and machine learning, expansion of cross-platform development, augmented reality (AR) and virtual reality (VR) support, and localization and internationalization.

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Segmentation & Regional Insights
The app builder software market covered in this report is segmented –
1) By Product: Cloud-Based, On-Premises
2) By Type: Low-Code Development Platforms, No-Code Development Platforms
3) By Application: Personal Use, Commercial Use, Other Applications

North America was the largest region in the app builder software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the app builder software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The increasing prevalence of mobile devices is expected to propel the growth of the app builder software market going forward. Mobile devices refer to portable electronic gadgets designed for wireless communication and computing on the go, typically including smartphones, tablets, and wearables. The increasing prevalence of mobile devices is driven by advancements in technology, accessibility, smartphone affordability, and the growing demand for connectivity and convenience. provide a platform for users to access and interact with the software on the go. App builder software often offers mobile applications or mobile-responsive web interfaces, allowing users to create and manage their apps directly from their smartphones or tablets. For instance, in February 2024, according to a report published by Uswitch Limited, a UK-based price comparison service, there were 71.8 million mobile connections in the UK, surpassing the country's population by 4.2 million. This marked a 3.8% increase from 2021, equivalent to approximately 2.6 million more connections. It's anticipated that by 2025, 95% of the UK's 68.3 million residents will be using smartphones. Therefore, the increasing prevalence of mobile devices is driving the growth of the app builder software market.

Key Industry Players
Major companies operating in the app builder software market are  Pegasystems Inc., Zoho Corporation Pvt. Ltd., Appian Corporation, OutSystems, Quick Base Inc., Exadel Inc. , Caspio Inc., Mendix, Betty Blocks, Appy Pie LLC, Quixy Inc., Kintone Corporation, Alpha Software Corporation, AppSheet, Bubble Group Inc, Thunkable Inc., Buildfire, GoodBarber, AppMakr Inc., Mobile Roadie Inc., Shoutem, Lumavate LLC

The app builder software market report table of contents includes:
1. Executive Summary

2. App Builder Software Market Characteristics

3. App Builder Software Market Trends And Strategies

4. App Builder Software Market - Macro Economic Scenario

5. Global App Builder Software Market Size and Growth

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32. Global App Builder Software Market Competitive Benchmarking

33. Global App Builder Software Market Competitive Dashboard

34. Key Mergers And Acquisitions In The App Builder Software Market

35. App Builder Software Market Future Outlook and Potential Analysis

36. Appendix


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