Europe Drag & Drop App Builder Software Market
No. of Pages: 85 | Report Code: TIPRE00021074 | Category: Technology, Media and Telecommunications
No. of Pages: 85 | Report Code: TIPRE00021074 | Category: Technology, Media and Telecommunications
France, Germany, Russia, the UK, and Italy are among the major countries in Europe. Western Europe is characterized by improved living conditions, higher income levels, and well-established technological infrastructure. It is one of the biggest and richest regions in Europe, with more GDP per capita than the rest of Europe. The year 2019 has shown promising benefits for technological investment in Europe, amid economic slowdowns in the EU and UK; European technology continues to break records. Capital invested in European tech has grown by 124% over the past five years, rising by 39% between 2018 and 2019 alone, reaching US$ 34.3 billion in capital investment in 2019. However, the investments were quite on the lower side in 2020 owing to the outbreak of COVID-19. However, Europe's software development services are increasingly in demand. The key drivers are increased adoption of IT and telecommunication and rise of digital transformation and automation. Further, in February 2020, the European Commission presented their strategic plan to shape Europe's digital future. The primary motive of this plan is to develop a European society empowered by digital solutions, offer lucrative opportunities for businesses, have a human-centric approach as a basis, and boost the design of trustworthy and advanced technologies. Several end-to-end technology providers and start-up companies have invested in developing AI-based platforms to increase overall productivity. Moreover, increased digital transformation in the IT & telecommunications industry, improved business process efficiencies across difference industry verticals, and a growing need for customization and scalability are key factors driving the market in the region. Drag & drop app builder software enables IT industry professionals to create business application software.
Spain, Italy, Germany, the UK, and France are among the worst-hit European countries by the COVID-19 outbreak. The region is a major manufacturing and industrial hub for sectors such as retail and e-commerce. Businesses in the region are facing severe economic difficulties, as they had to either suspend their operations or reduce their activities. Moreover, due to business lockdowns, travel bans, and supply chain disruptions, Europe experienced an economic slowdown in 2020, and the effect is likely to continue in 2021 as well. Spain, Italy, and Germany, among others, have implemented drastic measures and travel restrictions to limit the spread of the COVID-19 among people. European countries are the major adopters of drag and drop app builder software due to the presence of an increasingly vast number of SMEs and rapid rise in digitalization. This factor is directly affecting the drag and drop app builder software market growth in European countries. With the large impact of COVID-19 pandemic, the market in Italy, Spain, Germany, the UK, and France experienced more intense impact in 2020.
Strategic insights for the Europe 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$ 234.48 Million |
| Market Size by 2027 | US$ 330.75 Million |
| Global CAGR (2020 - 2027) | 4.5% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
The geographic scope of the Europe 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 Europe is expected to grow from US$ 234.48 million in 2019 to US$ 330.75 million by 2027; it is estimated to grow at a CAGR of 4.5% from 2020 to 2027. Increased productivity, cost-efficiency, enhanced data security, disaster recovery, and eco-friendly operations are among the benefits of digitalization that pave the way for various economic activities and job development. Multiple businesses, including SMEs, are embracing digitalization, and emerging technologies to optimize their business processes. Further, governments of various countries in the Europe are promoting digitalization through initiatives. Thus, the increasing focus on economy digitalization, which paves the way for the adoption of different software and apps, is emerging as a crucial trend in the Europe drag and drop app builder software market.
The Europe drag and drop app builder software market is segmented based on type, application, and country. The Europe 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 Europe 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 Europe 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; Mobirise; Salesforce.com, inc.; WaveMaker, Inc.; Zoho Corporation.
The Europe Drag & Drop App Builder Software Market is valued at US$ 234.48 Million in 2019, it is projected to reach US$ 330.75 Million by 2027.
As per our report Europe Drag & Drop App Builder Software Market, the market size is valued at US$ 234.48 Million in 2019, projecting it to reach US$ 330.75 Million by 2027. This translates to a CAGR of approximately 4.5% during the forecast period.
The Europe 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 Europe Drag & Drop App Builder Software Market report:
The Europe 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 Europe Drag & Drop App Builder Software Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Drag & Drop App Builder Software Market value chain can benefit from the information contained in a comprehensive market report.
Office No. 1011, First floor, Farena Corporate Park, Magarpatta-Mundhwa road, Pune - 411028, Maharashtra, India
UK+442030260021, US:+16467917070
sales@businessmarketinsights.com
Get Free Sample For Europe Drag & Drop App Builder Software Market
