Rapid Application Development Market Outlook 2026 By Business Function, Size, Share, Trends, Opportunity and Forecast
According To TechSci Research, Global rapid application development (RAD) market valued at more than USD9.9 billion in 2019 and is expected to grow at a CAGR of around 40% during the forecast period, on account of increasing demand for faster customer programming. Rapid application development or rapid application building is a highly interactive application development approach that helps building software applications rapidly. In RAD, coders as well as non-coders can create applications with the help of simple drag and drop functionality, thereby propelling market growth. Now a days, enterprises are focusing on optimizing performances and processes, which in turn is promoting the rapid application development market. Moreover, trend of bring our own device (BYOD) is expected to positively influence the market during forecast period. Rapid application development market can be segmented based on type, component, business function, deployment, organization size and vertica...