Market Size & Growth
McKinsey’s annual Global Survey on the State of AI
The global low-code development platform market is projected at ~USD 48.91 billion in 2026, growing at 29.1% CAGR to 2034, with SMEs as the fastest-growing segment. The RPA/automation services market is ~USD 35 billion in 2026 with strong SME adoption (28%+ CAGR in some forecasts). Microsoft Power Platform is at the forefront of AI-driven hyperautomation trends in 2026.
Source: Low Code Development Platform Market Size, Share [2034]