Evolve DataBank’s 2021-2034 Study Projects Massive Growth in No-Code AI Platforms

The global software and AI landscape is undergoing a significant transformation, driven by democratized automation and the rapid adoption of no-code AI platforms. According to Evolve DataBank’s latest research, the market is expected to surge from USD 4.07 billion in 2023 to a staggering USD 59.10 billion by 2034. This growth is supported by an impressive compound annual growth rate (CAGR) of 27.33%, fueled by the increasing demand for swift digital transformation, innovative integration of multimodal Generative AI, and the necessity for cost-efficient AI deployment across small and medium enterprises (SMEs) and large corporations.

Technological Advancements and Regional Growth

The report highlights Natural Language Processing (NLP) as the leading technology segment within the no-code AI domain. Meanwhile, Predictive Analytics and Computer Vision are identified as fast-growing categories that are gaining traction in various industries. Geographically, North America retains its position as the global leader, largely due to extensive AI research and development coupled with early adoption of ‘citizen development’ frameworks. On the other hand, the Asia-Pacific region is marked as the fastest-growing area, with its burgeoning digital infrastructure and significant cloud adoption in countries like China and India driving a considerable increase in no-code AI implementation.

Affordable Access to High-Tier Research

In an unprecedented move to democratize access to premium AI and software research, Evolve DataBank has made its professional-grade 2021-2034 no-code AI platform data suite available for just USD 99. This comprehensive report provides detailed data across various technology types, including NLP, Computer Vision, and Predictive Analytics. It also covers deployment modes such as cloud and on-premises solutions, enterprise sizes from SMEs to large enterprises, and critical industry verticals including Banking, Financial Services, and Insurance (BFSI), Healthcare, and Retail.

For immediate access to the full forecast and segmentation data, visit: https://evolvedatabank.com/ProductMaster/ProductDataDisplay/ai-platform-no-code-market-analysis

Key Highlights of the No-Code AI Platform Market Report:

– Generative AI Surge: Detailed analysis of how integrations with large language models (LLMs) like Gemini and GPT-4 are significantly expanding the capabilities of no-code platforms for content and code generation.
– Citizen Developer Movement: Evaluation of how the democratization of AI is reducing technical bottlenecks and accelerating time-to-market for digital products.
– BFSI & Healthcare Adoption: In-depth look at the rising role of no-code AI in fraud detection, personalized banking, and automated medical diagnostics.
– Cloud vs. On-Premises: Comprehensive breakdown of the shifting preferences for scalable cloud solutions versus secure, data-compliant on-premises deployments.

Empowering Businesses with Data-Driven Insights

Evolve DataBank, powered by Evolve Business Intelligence, stands as a premier online platform offering highly granular, data-driven market insights across diverse global verticals. The platform serves as a strategic partner for businesses, analysts, and researchers seeking reliable, actionable market intelligence. Evolve DataBank’s extensive data suite covers critical sectors such as Automotive & Transportation, Aerospace and Defence, Chemical and Materials, Construction and Manufacturing, Electronics and Semiconductor, along with essential service industries like Life Science, Consumer Goods & Retail, BFSI, Food & Beverages, Information & Communication Technology, and Energy & Power.

Redefining Industry Access

Committed to making high-tier market research accessible, Evolve DataBank now offers its professional-grade data suites at a market-disrupting entry point of just USD 99. By removing traditional financial barriers to institutional-level intelligence, the platform empowers startups, SMEs, and independent analysts to make data-backed decisions with the same precision as global enterprises.

Sign up to Evolve DataBank for instant access to market reports and industry analysis across all covered verticals: https://evolvedatabank.com/Menu/UserSignup

Note: This article is inspired by content from https://www.openpr.com/news/4382525/global-no-code-ai-platform-market-projected-to-reach-usd-59-10. It has been rephrased for originality. Images are credited to the original source.