Asia-Pacific Drag & Drop App Builder Software Market
No. of Pages: 92 | Report Code: TIPRE00022061 | Category: Technology, Media and Telecommunications
No. of Pages: 92 | Report Code: TIPRE00022061 | Category: Technology, Media and Telecommunications
The presence of developing economies—such as India, South Korea, Malaysia, Indonesia, China, and Taiwan—makes Asia a developing continent. Stable economies and technological advancements support a diversified range of industries and markets in the region. Asia is well known for its technological innovations taking place in the countries above. Rapid developments, owing to technologies, initiatives from governments, and the digitalization of economies, are among the factors propelling the region's overall economic growth and driving it from a developing to a developed phase. The region is characterized by vast industrialization, large population, rise in per capita GDP, and emerging economies. Further, small and medium-sized enterprises operating in the sector are expected to drive the market, mainly due to growing affordability of cloud-based solutions. Moreover, small and medium-sized businesses are looking to save on running costs, as even untrained professionals can build applications cost-effectively with drag & drop app builder software.
Owing to decreasing prices of computer electronics and smartphones, coupled with growing penetration of broadband and wireless internet connection, the region is experiencing a digital revolution. Several industries, such as E-commerce, logistics, and media and entertainment, have witnessed exponential growth over the past 4–5 years. For instance, e-commerce players—such as Alibaba, Amazon, Flipkart, JD.com, and Meituan-Dianping—and many SMEs have been significantly benefited by penetration of the internet. Further, the strong emphasis on digitization by financial, retail, automotive, manufacturing, food & beverages industries across the region is anticipated to fuel the market. Additionally, increasing number of bloggers and SMEs in this region is expected to drive the drag & drop app builder software market in APAC.
APAC region is characterized by the presence of many developing countries, positive economic outlook, high industrial presence, huge population, and rising disposable income. Owing to these conditions, APAC a holds significant growth potential for drag and drop app builder software vendors. The large number of smartphone users, wide use of connected devices, and rapid growth in the e-commerce industry present huge opportunities for the market growth. In addition, APAC is an also a manufacturing hub with countries such as China, Japan, South Korea, and India leading the manufacturing sector. However, the COVID-19 pandemic is anticipated to cause huge disruptions in the growth of various industries of this region. The governments of various countries of this region are taking drastic measures to reduce the adverse impact of the outbreak by announcing lockdowns, and travel and trade bans. All these measures are limiting the development and adoption of drag and drop app builder software, especially in the retail and e-commerce sector.
Strategic insights for the Asia-Pacific Drag & Drop App Builder Software provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 188.23 Million |
| Market Size by 2027 | US$ 308.85 Million |
| Global CAGR (2020 - 2027) | 6.4% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Asia-Pacific
|
| Market leaders and key company profiles |
The geographic scope of the Asia-Pacific Drag & Drop App Builder Software refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The drag & drop app builder software market in APAC is expected to grow from US$ 188.23 million in 2019 to US$ 308.85 million by 2027; it is estimated to grow at a CAGR of 6.4% from 2020 to 2027. The number of internet users in the APAC has risen due to decreased prices of computers and smartphones, and internet subscriptions. In the last decade, Asian countries have been the biggest contributors to internet traffic. Proliferated internet usage has led businesses to adopt digital media to effectively reach the target prospects. y. Both large and small- and medium-sized enterprises (SMES) are developing and deploying creative digital content to attract consumers over the Internet. The drag and drop app builder software application framework allows the IT and industrial sector professionals to design business application software with the user experience approach, rather than conventional computer programming. In this approach, the codes are replaced by the user interface (UI) components. The drag and drop app builder software are used by non-regular app developers to develop applications in a less time-consuming manner, without the use of codes. This enables them to build a wide variety of applications for various applications, i.e., from updates to legacy IoT-enabled smart apps. Thus, the growth of the application designing industry owing to the increasing need for software is driving the growth of the drag and drop app builder software market.
The APAC drag and drop app builder software market is segmented based on type, application, and country. The APAC market, based on type, is segmented into cloud based and web based. Cloud-based segment held the largest market share in 2019. Based on application, the APAC market is segmented into large enterprises and SMEs. SMEs segment held the largest market share in 2019.
A few major primary and secondary sources referred to for preparing this report on the drag & drop app builder software market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Appy Pie; BuildFire; Deltecs Infotech Pvt Ltd.; Mobirise; Quicxy; Salesforce.com, inc.; WaveMaker, Inc.; Zoho Corporation.
The Asia-Pacific Drag & Drop App Builder Software Market is valued at US$ 188.23 Million in 2019, it is projected to reach US$ 308.85 Million by 2027.
As per our report Asia-Pacific Drag & Drop App Builder Software Market, the market size is valued at US$ 188.23 Million in 2019, projecting it to reach US$ 308.85 Million by 2027. This translates to a CAGR of approximately 6.4% during the forecast period.
The Asia-Pacific Drag & Drop App Builder Software Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia-Pacific Drag & Drop App Builder Software Market report:
The Asia-Pacific Drag & Drop App Builder Software Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia-Pacific Drag & Drop App Builder Software Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia-Pacific Drag & Drop App Builder Software Market value chain can benefit from the information contained in a comprehensive market report.
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