How Low-Code Development Platform Industry Work: All-in-One Development Guide

Low-Code Development Platform Market size is projected to grow from USD 13.2 billion in 2020 to USD 45.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 28.1% during the forecast period according to report published by MarketsandMarkets. The increasing need of digitalization and maturity of agile DevOps practices are expected to enhance the use of low-code development platform market across the globe. The study involved four major activities to estimate the current size of the low-code development platform market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=103455110

Based on organization size, the SMEs segment to lead the market in 2020

Small businesses are expected to witness a higher growth in the adoption of low-code development platform and services. The growing awareness of the benefits of process automation, the increasing focus of governments on digital transformation, and business expansions by global vendors are expected to be the driving factors for the growth of the low-code development platform market. The adoption rate for low-code development platform and services is high in SMEs and is expected to dominate the market, in terms of market size, during the forecast period.

Based on industry, the BFSI to grow at the fastest rate during the forecast period.

The BFSI industry requires low-code development platform and services at a large-scale due to the voluminous information produced across these organizations. Low-code development platform and services helps the BFSI industry in enriching the customer experience using new financial products and services driving the overall market during the forecast period.

Request a Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=103455110

North America to hold the largest market share during the forecast period.

North America has the presence of several prominent market players delivering advanced solutions to all the end users in the regions. Owing to their strong economies, the US and Canada are expected to be major contributors to the growth of the low-code development platform market. Apart from this factor, the geographical presence, strategic investments, partnerships, and significant Research and Development (R&D) activities are contributing to the hefty deployments of market solutions. Key pure play vendors, such as Salesforce, Microsoft, Appian, and Oracle, offer enhanced low-code development platform and services to cater to the needs of customers. Such factors are expected to fuel the growth of the global market in North America.

Market Players

Major vendors offering low-code development platform software include Salesforce (US), Microsoft (US), Appian (US), Oracle (US), Pegasystems (US), Magic Software Enterprises (US), AgilePoint (US), OutSystems (US), Zoho (India), Quick Base (US), LANSA (US), Fujitsu RunMyProcess (France), Netcall (UK), WaveMaker (US), and K2 (US).

Related Reports:

Product Lifecycle Management Market 2024 Global Size | Future Outlook, Share, Trends, Type, Application

Sales Intelligence Market 2024 Trends, Growth | Share, Size, Revenue, Outlook and Risk

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

 

The best all-in-one Virtualization Security solution in 2022

Virtualization Security Market size is expected to grow from USD 1.3 billion in 2019 to USD 2.7 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 15.6% during the forecast period according to report published by MarketsandMarkets. The virtualization security solution acts as a barrier to secure perimeter access to a network. It provides dedicated security services and assured traffic isolation within the cloud, along with customizable firewall controls as an additional managed service. Some of the other drivers for this market are the rising incidents of cyberattacks and increase in stringent regulations and compliance requirements. The growth of the global virtualization security market is attributed to the growing need for virtualization security to address privacy requirements and compliance concern driven security spending.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=124607544

Virtual Infrastructure protection segment to grow at the highest CAGR during the forecast period

Virtualization security led to an increase in the reliability of virtual network environment and the underlying infrastructure, which is essential for growing cloud services. Virtualization security helps to improve business competitiveness by increasing enterprise business efficiency and user productivity. Virtual Infrastructure protection refers to the security configurations and hybrid appliances in a virtualized environment. With the use of this solution, enterprises can lock down configuration of the hypervisor to prevent access to any unused ports. Moreover, this solution limits the potential risk of attack through the bypass of the management console and direct connection to one of the hypervisors control points. Furthermore, this type of solution provides a central control point for authenticated access to all hypervisor and management control points, and hence, organizations are deploying virtualization security solutions.

Managed services to grow at a higher CAGR during the forecast period

Managed services mostly revolve around the term “outsourcing.” Technologies such as big data analytics, blockchain, and AI are rapidly evolving. Therefore, protecting business-critical applications is getting tougher every day. This task becomes even harder when an organization does not have a dedicated IT security team or experts. However, due to high costs and resource constraints, organizations often outsource this task to MSSPs. The MSSPs offer round-the-clock visibility into the IT infrastructure and provide security assessment and monitoring of applications, systems, and devices. The demand for managed services is on the rise due to growth in large-scale networks and increase in IoT and cloud applications in organizations.

Request a Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=124607544

Asia Pacific to grow at the highest CAGR in the market during the forecast period

The APAC region is expected to experience extensive growth opportunities during the forecast period. With the increasing adoption of cloud technologies, virtualization and the increasing amount of business processes, there has been a significant rise in the adoption of virtualization security solutions and services in this region. Increasing focus and investments in areas such as virtualized environment, quality, and advanced security techniques is set to drive the growth of the virtualization security market. Increasing adoption of virtualization security for cloud-based applications has created a demand for full-fledged virtualization security solutions in the region. The APAC region demonstrates a combination of high growth, developing economies, and mass adoption of BYOD and IoT trends. Thus, this region is estimated to be growing at the fastest CAGR during the forecast period.

Top Key Players:

Various growth strategies have been adopted by the major players to increase their market presence, such as mergers and acquisitions, partnerships and collaborations, business expansions, and product developments. Some of the major technology vendors in the virtualization security market are Trend Micro (Japan), VMware (US), Juniper Networks (US), Fortinet (US), Sophos (UK), Cisco (US), IBM (US), Centrify (US), HyTrust (US), Check Point (srael), Tripwire (US), HPE (US), Dell EMC (US), Intel (US), CA Technologies (US), Symantec (US), StrataCloud (US), ESET (Slovakia), McAfee (US), and Huawei (China).

Related Reports:

Transportation Management System Market Key Companies, Trends, Growth and Regional Forecasts 2027

Sales Intelligence Market Drivers, Competitive Landscape, Future Plans and Trends by Forecast 2025

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

Who are the leading market players active in the Product Lifecycle Management market?

Product Lifecycle Management Market size to grow from USD 50.7 billion in 2019 to USD 73.7 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 7.8% during the forecast period according to report published by MarketsandMarkets. Major factors expected to drive the growth of the product lifecycle management market include growing focus on developing groundbreaking smart products and factories, increasing need to build product innovation platform would support product lifecycle management-enabled applications, and increasing demand for cloud-based product lifecycle management solutions for scalability and secure IT infrastructure.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=152565174

Based on component, services segment to record a higher growth rate than the software segment during the forecast period

By component, the services segment is expected to grow at a higher rate than the software segment during the forecast period. The services segment has a significant influence on the product lifecycle management market growth. The demand for services is increasing with the growing adoption of product lifecycle management solutions by enterprises across significant application areas. Services are necessary for easy deployment, integration, and proper functioning of the software. The services segment has been further segmented into professional services and managed services. The professional services segment has also been classified into deployment and integration, consulting, and support and maintenance.

Among services, support and maintenance segment to grow at a higher rate than the deployment and integration, and consulting and advisory services segment during the forecast period

Support and maintenance services are crucial, as they directly deal with customer satisfaction and issues. Every software vendor has a dedicated support team to serve the customers. Support, software maintenance, customer portal, post-deployment assistance, and client testimonials are some of the services provided under the support and maintenance segment. To derive consistent customer satisfaction, service providers regularly focus on enhancing their product knowledge base by receiving feedbacks through interviews and surveys. These services also provide a single point of contact who would help solve customer issues quickly. The customer portal is another helping aid that offers technical tips and software updates to customer forums.

Request a Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=152565174

North America to account for the largest market size during the forecast period

North America consists of developed countries, such as the US and Canada. This region is open to the adoption of new and emerging technologies. Moreover, its strong financial position enables it to invest heavily in the adoption of the latest and leading tools and techniques for ensuring effective business operations. Such advantages help organizations in this region gain a competitive edge. North America has the first-mover advantage in the adoption of new technologies, such as smartphones and cloud platforms. North America has the headquarters of many large enterprises and is host to various international events. Enterprises are willingly investing in North America. The factors expected to drive the growth of the product lifecycle management market in North America are the stable economy, technological enhancements, and advanced infrastructure.

Key and emerging market players SAP (Germany), Dassault System (France), PTC (US), Siemens (Germany), Autodesk (US), IBM (US), Oracle (US), HP (US), Atos (France), Accenturs (Ireland), Arena (US), Ansys (US), Aras (US), Infor (US), Propel (US), Kalypso (US), FusePLM (US), Bamboo Rose (US), Inflectra (US), and TCS (India). These players have adopted various strategies to grow in the Product lifecycle management market.

Related Reports:

Web Application Firewall Market Regional Outlook, Growth, Economics, Demand 2027

Commerce Cloud Market Trend | Opportunities, Demand, Size Estimation 2025

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

10 Amazing Tips About Patch Management

Patch Management Market size is expected to grow from USD 589 million in 2019 to USD 979 million by 2024, at a Compound Annual Growth Rate (CAGR) of 10.7% during the forecast period according to report published by MarketsandMarkets. The patch management software enables organizations to acquire, test, and install missing patches for software applications and technologies. The increasing vulnerabilities to promote patch management solutions and increasing deployment of third-party applications are the major factors driving the growth of the market. Application compatibility and patch testing issues are some of the challenges.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=19425013

Patch management software segment to hold the highest market share during the forecast period

The patch management market is segmented by component into patch management software and services. The patch management software segment is expected to dominate the market during the forecast period. The increasing digitalization initiatives across the developing countries have led enterprises, both public and private, to deploy cloud and mobility-based applications. It is becoming essential for the organizations to secure their software applications and Operating System (OS) from more sophisticated cyberattack vectors, such as ransomware, Advanced Persistent Threats (APTs), and spear-phishing attacks, as the threat landscape is continuously changing and cybercriminals are targeting the business applications to steal business-sensitive information.

Healthcare vertical to grow at the highest CAGR during the forecast period

The healthcare vertical is expected to grow at the highest CAGR during the forecast period. The organizations in the healthcare vertical hold the highly sensitive data related to Protected Health Information (PHI), Personally Identifiable Information (PII), and Payment Card Industry (PCI). These data move through the databases of Enterprise Resource Planning (ERP) systems and is transmitted among hospitals, clinics, and laboratories. It usually remains unprotected and unencrypted. Cybercriminals target healthcare organizations for PHI, PII, and credit card information. The adoption of patch management software in this vertical is increasing to secure sensitive information from being transferred through vulnerable networks, and the software also helps organizations comply with Health Insurance Portability and Accountability Act (HIPAA) and Payment Card Industry Data Security Standard (PCI DSS) regulations.

Request a Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=19425013

APAC to grow at the highest CAGR during the forecast period

The global market is segmented by region into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and Latin America. APAC is expected to grow at the highest CAGR during the forecast period. Large enterprises and Small and Medium-sized Enterprises (SMEs) in APAC countries are admitting the significance of data security. APAC houses a large number of established SMEs, which are growing at an exponential rate to cater to their wide customer base. Machine Learning (ML), Internet of Things (IoT), big data analytics, and Artificial Intelligence (AI) are the emerging methodologies that are being deployed in this region. Organizations are transforming their businesses to cloud to increase their productivity and business performance. The nature of cyber threats is changing continuously and becoming more sophisticated. Trojan, Hijacker, Riskware, Backdoor, Adware, Spyware, Worm, and Rogue are the topmost malware attacks detected in enterprise businesses of this region. The businesses in this region are adopting the patch management software to secure their operating systems and software applications from the ever-changing threat landscape. The introduction of cloud-based, customized patch management software is set to change the way businesses are protecting their critical infrastructure.

The major vendors in the patch management market are IBM (US), Microsoft (US), Symantec (US), Micro Focus (UK), Qualys (US), SolarWinds (US), Ivanti (US), ManageEngine (US), ConnectWise (US), Avast (Czech Republic), Automox (US), SecPod (India), GFI Software (US), Jamf (US), Chef Software (US), and SysAid Technologies (Israel).

Related Reports:

Pipeline Network Market 2025 Overview | Regional Outlook, Growth, Economics, Demand

Network Function Virtualization Market 2025 Global Size Outlook | Risk, Growth Insight, Share, Trends

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

 

Military Communications Market 2025 Price Trend | Opportunities, Demand, Size Estimation

Military Communications Market size to grow from USD 33.4 billion in 2020 to USD 40.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period according to report published by MarketsandMarkets. The key factors driving the growth of the military communications market include the rising security concerns and the procurement of military communication solutions due to an increase in disputes among different countries across the world. The privacy and security of military communications is the primary requirement of the defense sector. The increasing volume of IP-based data, such as situational awareness video and remote sensor data transmitted over standard interfaces, drives the need for advanced data network security.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=66198542

The world has witnessed several pandemics, yet nothing has come close to the current global pandemic. The COVID-19 began as a regional virus but quickly spread all over the world. The United Kingdom, France, and Germany account for up to 50% of overall European spending on defense. Due to the economic impact of the Covid-19 crisis on overall budgets, these countries are likely to implement cuts to their military expenditure in the near term, bringing down the overall European average. The effect will be relatively long-lasting, and their combined defense spend in 2031 will be around USD 25 billion, less than initially expected. Several countries and their armies are making sure that soldiers supporting local and state governments fight against COVID-19 are equipped with the latest situational awareness and communication systems.

The military SATCOM systems segment to hold the largest market size during the forecast period

The military communications market by component has been segmented into military SATCOM systems, military radio system, military security system, and communication management system. Among components, the military SATCOM systems segment is expected to hold the largest share of the military communications market. Most of the technologically advanced countries rely on SATCOM communications due to broader coverage, easy installation, security, and location independence. With the advent of SDR, the military radio systems segment is projected to grow at a decent pace. Security concerns are expected to boost the adoption of military security systems, thus driving the growth of the military security systems segment.

The command and control segment to hold the largest market size during the forecast period

The military communications market by applications has been segmented into command and control, routine operations, situational awareness, and others. The command and control segment is estimated to account for the largest share of the military communications market due to the need for integrated and interoperable capabilities to establish proper control over military operations.

Request a Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=66198542

North America to hold the largest market size during the forecast period

The military communications market has been segmented into five regions: North America, Europe, APAC, MEA, and Latin America. North America is projected to hold the largest market size during the forecast period due to the increasing technological advancements in the region. APAC is expected to witness the highest growth rate during the forecast period. It is also expected to be the fastest-growing region in the military communications market.

Major vendors in the global Military Communications Market include ASELSAN (Turkey), BAE Systems (UK), Lockheed Martin (US), Northrop Grumman (US), Raytheon (US), Cobham (UK), Elbit Systems (Israel), General Dynamics (US), Harris Corporation (US), Thales (France), Viasat (US), Inmarsat (UK), Iridium (US), Systematic (Denmark), Leonardo (Italy), Israel Aerospace Industries (Israel), Rheinmetall (Germany), Rolta (India), Rufus Lab (US), Vantage Robotics (US), CRON Systems (UK), Fortem Technologies (US), Airspace Systems (US), Citadel Defense (US).

Related Reports:

Asset Performance Management Market 2026 Emerging Trends | Challenges, Application Scope, Size, Status

Facial Recognition Market 2025 Global Size | Future Outlook, Share, Trends, Type, Application

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441