Australia No Code Ai Platform Market Size & Outlook
The no code ai platform market in Australia is expected to reach a projected revenue of US$ 503.5 million by 2030. A compound annual growth rate of 32.8% is expected of Australia no code ai platform market from 2024 to 2030.
The Australia no code ai platform market generated a revenue of USD 69.3 million in 2023 and is expected to reach USD 503.5 million by 2030.
The Australia market is expected to grow at a CAGR of 32.8% from 2024 to 2030.
In terms of segment, no-code ai platforms was the largest revenue generating component in 2023.
Services is the most lucrative component segment registering the fastest growth during the forecast period.
No code ai platform market data book summary
Market revenue in 2023
USD 69.3 million
Market revenue in 2030
USD 503.5 million
Growth rate
32.8% (CAGR from 2023 to 2030)
Largest segment
No-code ai platforms
Fastest growing segment
Services
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
No-code AI Platforms, Services
Key market players worldwide
Amazon.com Inc, Apple Inc, Caspio, Alphabet Inc Class A, Microsoft Corp
Other key industry trends
In terms of revenue, Australia accounted for 1.8% of the global no code ai 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 no code ai 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 965.8 million by 2030.
Significant cloud solutions offered by major players in Australia is prominently augmenting the market growth. For instance, in January 2024, Agnostiq, Inc. has unveiled the incorporation of NexGen Cloud's Hyperstack GPU compute capabilities into its Covalent Cloud solution.
This integration allows customers using Covalent Cloud to enjoy effortless access to the expanding array of high-quality GPU hardware offered by Hyperstack, such as the NVIDIA H100, A100, L40, and other models. This collaboration marks a substantial augmentation of GPU resources within the Covalent Cloud platform, simultaneously broadening the user base of Hyperstack in the realm of AI and Machine Learning.
In Australia, local platforms are emerging alongside global players, catering to both general and industry-specific needs. Investment, collaboration, and government support are fuelling advancements, while educational initiatives ensure a skilled workforce.
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 No Code AI Platform Market Outlook will help companies and investors design strategic landscapes.
No-Code Ai Platforms was the largest segment with a revenue share of 75.61% in 2023.
Horizon Databook has segmented the Australia no code ai platform market based on no-code ai platforms, services covering the revenue growth of each sub-segment from 2018 to 2030.
Significant cloud solutions offered by major players in Australia is prominently augmenting the market growth. For instance, in January 2024, Agnostiq, Inc. has unveiled the incorporation of NexGen Cloud's Hyperstack GPU compute capabilities into its Covalent Cloud solution.
This integration allows customers using Covalent Cloud to enjoy effortless access to the expanding array of high-quality GPU hardware offered by Hyperstack, such as the NVIDIA H100, A100, L40, and other models. This collaboration marks a substantial augmentation of GPU resources within the Covalent Cloud platform, simultaneously broadening the user base of Hyperstack in the realm of AI and Machine Learning.
In Australia, local platforms are emerging alongside global players, catering to both general and industry-specific needs. Investment, collaboration, and government support are fuelling advancements, while educational initiatives ensure a skilled workforce.
Australia No Code Ai Platform Market Component Outlook (Revenue, USD Million , 2018-2030)
No-code AI Platforms
Services
Australia No Code Ai Platform Market Technology Outlook (Revenue, USD Million , 2018-2030)
Natural Language Processing
Computer Vision
Predictive Analytics
Others
Australia No Code Ai Platform Market Deployment Outlook (Revenue, USD Million , 2018-2030)
Cloud
On-premise
Australia No Code Ai Platform Market Enterprise Size Outlook (Revenue, USD Million , 2018-2030)
SMEs
Large Enterprises
Australia No Code Ai Platform Market Vertical Outlook (Revenue, USD Million , 2018-2030)
BFSI
Healthcare
Retail & E-Commerce
IT & Telecom
Government & Public Sector
Others
Energy & Utilities
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia No Code AI Platform Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Australia No Code AI Platform Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Australia No Code Ai Platform Market, 2018-2030 (US$M)