South Korea Low-Code Application Development Platform Market Size & Outlook
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- Low-Code Application Development Platform Market Outlook
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South Korea Low-Code Application Development Platform Market, 2018-2030 (US$M)
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South Korea low-code application development platform market highlights
- The South Korea low-code application development platform market generated a revenue of USD 545.2 million in 2023 and is expected to reach USD 2,581.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 24.9% from 2024 to 2030.
- In terms of segment, platform was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Low-code application development platform market data book summary
| Market revenue in 2023 | USD 545.2 million |
| Market revenue in 2030 | USD 2,581.6 million |
| Growth rate | 24.9% (CAGR from 2023 to 2030) |
| Largest segment | Platform |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Platform, Services |
| Key market players worldwide | Appian Corp A, Fujitsu Ltd, Microsoft Corp, Oracle Corp, Pegasystems Inc, Salesforce Inc, ServiceNow Inc, Tyler Technologies Inc, Betty Blocks, LANSA JAPAN, Mendix, Nintex, OutSystems, TrackVia, Zoho |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.2% of the global low-code application development platform market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China low-code application development platform market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 7,339.7 million by 2030.
The growth of the South Korean market can be attributed to the fast-paced development and aggressive adoption of software solutions based on the latest technologies across various industries and industry verticals, such as manufacturing, retail, healthcare, and education.
Government initiatives, such as Digital New Deal and K-New Deal, are also promoting digital transformation across various industries and industry verticals across South Korea, encouraging businesses to adopt low-code application development platforms to enhance their operational efficiency and drive business growth.
For instance, in August 2022, Kore.AI Inc., a South Korean startup backed by Nvidia Corporation involved in offering enterprise conversational AI platforms and solutions, announced that it is developing its own low-code conversational AI tools available on a pay-as-you-go basis for smaller businesses in the country
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Publish Date: Nov 05, 2025
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Low-Code Application Development Platform Market Scope
Low-Code Application Development Platform Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Oracle Corp | View profile | 164,000 | 2300 Oracle Way, Austin, TX, United States, 78741 | www.oracle.com |
| Fujitsu Ltd | View profile | 124,055 | Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, Japan, 105-7123 | www.fujitsu.com |
| Microsoft Corp | View profile | 221,000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | www.microsoft.com |
| Appian Corp A | View profile | 2,243 | 7950 Jones Branch Drive, McLean, VA, United States, 22102 | www.appian.com |
| ServiceNow Inc | View profile | 22,668 | 2225 Lawson Lane, Santa Clara, CA, United States, 95054 | www.servicenow.com |
| Pegasystems Inc | View profile | 5,406 | One Main Street, Cambridge, MA, United States, 02142 | www.pega.com |
| Salesforce Inc | View profile | 72,682 | 415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, United States, 94105 | www.salesforce.com |
| Tyler Technologies Inc | View profile | 7,305 | 5101 Tennyson Parkway, Plano, TX, United States, 75024 | www.tylertech.com |
| Zoho | View profile | 10001+ | Pleasanton, California, United States, North America | www.zoho.com |
| Nintex | View profile | 251-500 | Bellevue, Washington, United States, North America | www.nintex.com/ |
South Korea Low-Code Application Development Platform Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Low-Code Application Development Platform Market Outlook will help companies and investors design strategic landscapes.
Platform was the largest segment with a revenue share of 72.74% in 2023.
Horizon Databook has segmented the South Korea low-code application development platform market based on platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the South Korean market can be attributed to the fast-paced development and aggressive adoption of software solutions based on the latest technologies across various industries and industry verticals, such as manufacturing, retail, healthcare, and education.
Government initiatives, such as Digital New Deal and K-New Deal, are also promoting digital transformation across various industries and industry verticals across South Korea, encouraging businesses to adopt low-code application development platforms to enhance their operational efficiency and drive business growth.
For instance, in August 2022, Kore.AI Inc., a South Korean startup backed by Nvidia Corporation involved in offering enterprise conversational AI platforms and solutions, announced that it is developing its own low-code conversational AI tools available on a pay-as-you-go basis for smaller businesses in the country
- South Korea Low-Code Application Development Platform Market Component Outlook (Revenue, USD Million , 2018-2030)
- Platform
- Services
- South Korea Low-Code Application Development Platform Market Application Outlook (Revenue, USD Million , 2018-2030)
- Web based
- Mobile based
- South Korea Low-Code Application Development Platform Market Deployment Outlook (Revenue, USD Million , 2018-2030)
- Cloud-based
- On-premises
- South Korea Low-Code Application Development Platform Market Organization Size Outlook (Revenue, USD Million , 2018-2030)
- Small and medium-sized Enterprises
- Large Enterprises
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Low-Code Application Development Platform Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Low-Code Application Development Platform Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Korea Low-Code Application Development Platform Market, 2018-2030 (US$M)
South Korea low code application development platform market statistics, by component, 2018-2030 (US$M)
