The Market for No-Code Artificial Intelligence (AI) Platforms is Driven by the Increasing Demand for Conversational AI

Published: Oct 2023

Global no-code AI platform market is anticipated to grow at a CAGR of 27.3 % during the forecast period (2023-2030). No-code AI platforms enable users to create chatbots and virtual assistants to support customers, automate routine tasks, and generate leads in various industries. They can additionally be used for predictive analytics to forecast trends and customer behavior. Data analysis, natural language processing, and image and video processing are further applications enabled by no-code AI platforms that can be applied in industries such as finance, healthcare, retail, and security. The market’s growth is attributed to the growing demand for conversational AI. Increasing demand for AI-backed chatbots for customer support, internal communication, and knowledge management is driving the utilization of no-code platforms that focus on language models and conversational AI. For instance, in April 2023, Moveworks Inc., launched Creator Studio, a no-code generative AI platform that enables consumer to create their own massive language model interfaces that operate as conversational AI chatbots for employees across the entire company.

Browse the full report description of “No-Code Artificial Intelligence (AI) Platform Market Size, Share & Trends Analysis Report by Technology (Natural Language Processing (NLP), Computer Vision, Machine Learning, and Others), by Deployment (Cloud, and On-premises), by Enterprise Size (SMEs, and Large Enterprises), and by vertical (BFSI, Healthcare, Retail & E-Commerce, IT & Telecom, Energy & Utilities, Government & Public Sector, and Others), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/no-code-ai-platform-market

Furthermore, adaptability and customization to accommodate a range of use cases and sectors, no-code platforms need to provide customization possibilities. in January 2023, Iris Technology released a new no-code solution that enables developers and companies to produce and train AI models rapidly while using significantly less data and computer power. The webAI platform streamlines AI and computer vision procedures while allowing companies to maintain ownership of their intellectual property.

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Technology 

o By Deployment

o By Enterprise Size

o By Vertical

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Apple, AWS, Microsoft, Google, and others 

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global No-code AI Platform Market Report Segment

By Technology

  • Natural Language Processing (NLP)
  • Computer Vision
  • Machine Learning
  • Others (User Interface (UI), and Data Integration and ETL)

By Deployment

  • Cloud
  • On-premises

By Enterprise Size

  • SMEs
  • Large Enterprises

By Vertical

  • BFSI
  • Healthcare
  • Retail & E-Commerce
  • IT & Telecom
  • Energy & Utilities
  • Government & Public Sector
  • Others (Marketing and Advertising,Telecommunications, and Education)

Global No-code AI Platform Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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