Product Code: ETC4409251 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Low-Code Development Platform market in Vietnam is experiencing growth as businesses seek efficient and agile solutions for application development. Low-code platforms enable organizations to create applications with minimal manual coding, reducing development time and costs.
The Vietnam Low-Code Development Platform Market is experiencing robust growth due to the demand for rapid application development and the shortage of skilled software developers. Low-code platforms enable organizations to build applications with minimal coding efforts, making it accessible to a wider range of users, including business analysts and citizen developers. This democratization of app development empowers organizations to innovate faster, respond to market changes, and enhance their digital capabilities. Moreover, the COVID-19 pandemic has heightened the need for digital transformation, and low-code platforms offer a quick and cost-effective way to develop new digital solutions. The market is further driven by the government`s push towards digitalization in various sectors, including e-government services, healthcare, and finance.
The Vietnam Low-Code Development Platform market is grappling with challenges related to skill gaps and adoption. While low-code platforms offer the promise of faster application development, there is a need for skilled developers who can effectively use these platforms. Training and upskilling the workforce to make the most of low-code development tools is a crucial challenge. Additionally, ensuring that low-code applications are secure and compliant with industry standards and regulations is a concern. The balance between speed and quality in application development using low-code platforms is an ongoing challenge.
The Vietnam Low-Code Development Platform market has experienced significant growth in response to the challenges presented by the COVID-19 pandemic. With an increased demand for rapid application development and digital transformation, organizations are turning to low-code platforms to build applications quickly and cost-effectively. The pandemic has accelerated the need for businesses to adapt to changing market conditions and customer expectations, driving the adoption of low-code development for agile and flexible solutions. As organizations continue to prioritize digital initiatives, the Low-Code Development Platform market in Vietnam is poised for sustained expansion.
In the burgeoning landscape of low-code development platforms in Vietnam, several key players have made significant strides. Among these, companies such as OutSystems, Mendix, and Appian have established themselves as leaders. OutSystems is recognized for its user-friendly interface and rapid application development capabilities, while Mendix is lauded for its robust collaborative features. Appian, with its focus on process automation, has also emerged as a prominent player in Vietnam`s low-code development sector.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Low-Code Development Platform Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Low-Code Development Platform Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Low-Code Development Platform Market - Industry Life Cycle |
3.4 Vietnam Low-Code Development Platform Market - Porter's Five Forces |
3.5 Vietnam Low-Code Development Platform Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Vietnam Low-Code Development Platform Market Revenues & Volume Share, By Organization Size , 2021 & 2031F |
3.7 Vietnam Low-Code Development Platform Market Revenues & Volume Share, By Deployment Type , 2021 & 2031F |
3.8 Vietnam Low-Code Development Platform Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
3.9 Vietnam Low-Code Development Platform Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Vietnam Low-Code Development Platform Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Low-Code Development Platform Market Trends |
6 Vietnam Low-Code Development Platform Market, By Types |
6.1 Vietnam Low-Code Development Platform Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Low-Code Development Platform Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 Vietnam Low-Code Development Platform Market Revenues & Volume, By Platform , 2021-2031F |
6.1.4 Vietnam Low-Code Development Platform Market Revenues & Volume, By Services, 2021-2031F |
6.2 Vietnam Low-Code Development Platform Market, By Organization Size |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Low-Code Development Platform Market Revenues & Volume, By SMEs, 2021-2031F |
6.2.3 Vietnam Low-Code Development Platform Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.3 Vietnam Low-Code Development Platform Market, By Deployment Type |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Low-Code Development Platform Market Revenues & Volume, By Cloud, 2021-2031F |
6.3.3 Vietnam Low-Code Development Platform Market Revenues & Volume, By On-Premises, 2021-2031F |
6.4 Vietnam Low-Code Development Platform Market, By Application Type |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Low-Code Development Platform Market Revenues & Volume, By Web-based, 2021-2031F |
6.4.3 Vietnam Low-Code Development Platform Market Revenues & Volume, By Mobile-based, 2021-2031F |
6.4.4 Vietnam Low-Code Development Platform Market Revenues & Volume, By Desktop and Server-based, 2021-2031F |
6.5 Vietnam Low-Code Development Platform Market, By Industry |
6.5.1 Overview and Analysis |
6.5.2 Vietnam Low-Code Development Platform Market Revenues & Volume, By BFSI, 2021-2031F |
6.5.3 Vietnam Low-Code Development Platform Market Revenues & Volume, By Retail and eCommerce, 2021-2031F |
6.5.4 Vietnam Low-Code Development Platform Market Revenues & Volume, By Government and Defense, 2021-2031F |
6.5.5 Vietnam Low-Code Development Platform Market Revenues & Volume, By Healthcare, 2021-2031F |
6.5.6 Vietnam Low-Code Development Platform Market Revenues & Volume, By IT, 2021-2031F |
6.5.7 Vietnam Low-Code Development Platform Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.5.8 Vietnam Low-Code Development Platform Market Revenues & Volume, By Others, 2021-2031F |
6.5.9 Vietnam Low-Code Development Platform Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Low-Code Development Platform Market Import-Export Trade Statistics |
7.1 Vietnam Low-Code Development Platform Market Export to Major Countries |
7.2 Vietnam Low-Code Development Platform Market Imports from Major Countries |
8 Vietnam Low-Code Development Platform Market Key Performance Indicators |
9 Vietnam Low-Code Development Platform Market - Opportunity Assessment |
9.1 Vietnam Low-Code Development Platform Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Vietnam Low-Code Development Platform Market Opportunity Assessment, By Organization Size , 2021 & 2031F |
9.3 Vietnam Low-Code Development Platform Market Opportunity Assessment, By Deployment Type , 2021 & 2031F |
9.4 Vietnam Low-Code Development Platform Market Opportunity Assessment, By Application Type, 2021 & 2031F |
9.5 Vietnam Low-Code Development Platform Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Vietnam Low-Code Development Platform Market - Competitive Landscape |
10.1 Vietnam Low-Code Development Platform Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Low-Code Development Platform Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |