2022

LOW-CODE NO-CODE
Innovation in the Fast Lane
Table of CONTENTS

Foreword 01

Executive Summary 02

Overview 03

LCNC Technology Landscape 04

Top LCNC Development Platforms 05

Global Market Share 06

Indian LCNC Market Landscape 07

Major Factors Driving Growth 08

Future of Job Seekers with LCNC 09

Skills Required for LCNC Developer 10

LCNC Jobs & Salary Range in India 11

Additional Findings 12

Limitations with LCNC 13

What Experts Say About LCNC 14

Conclusion 14

LCNC - Innovation in the Fast Lane | 2022

 FOREWORD
After decades of enabling and improving business operations, technology is shaping new
dimensions in the digital world to drive growth. As IT industry is conceptualizing and delivering
digital strategies, Low-Code No-Code is emerging as a strong dominance in the IT industry.
Businesses are increasing their adoption of these applications to improve their competitive
edge and continue the process of integrating digital technologies. The impact of LCNC
demonstrates that organizations no longer need to depend on a web or app developer to
build a website, app, or user interface. LCNC platforms eliminate technical barrier as these
applications are emerging as a solution while lowering risks and costs.

Through visual development and automation, LCNC platforms are providing tools that are
crucial and flexible to explore. It helps to innovate and integrate advanced emerging
technologies into the existing system. In a way, it is making it easier to build and scale
customized applications. LCNC software application is expected to be a disruptive force in
the technology world, powered by emerging technologies like AI, ML, and data analytics. This
application development approach will be key to digitally transforming many enterprises.
Visual coding tools are all set to extend a broad range of skill levels to engage directly in the
development and create a path to collaborate with stakeholders to design and configure
solutions that more closely match the needs of the businesses.

To explore the LCNC market drivers and challenges, the emerging job market of India, and to
understand how enterprises can leverage in adopting and benefiting from Low Code and No-
Code tools and experiences, we initiated the report to share how businesses are rethinking,
reinventing and transforming their businesses with groundbreaking innovation of LCNC. We
also emerged with essential insights from our survey to sense the pulse of stakeholders
about LCNC. With this, we urge you to explore the world of LCNC, an application method
which has set afoot to enable faster growth of businesses.

LCNC will be a game changer in the coming years as

it will require minimal programming skills to build
complex projects. It further leads to better
utilization of non programmer community.

Sunil C
Chief Executive Officer
TeamLease Digital

LCNC - Innovation in the Fast Lane | 2022 01

 EXECUTIVE SUMMARY

In the wake of Covid-19 shutdowns, IT groups pivoted nearly overnight, launching technology-
driven initiatives to enable smooth workforce models. More companies are now investing
millions into digital transformation for their business resilience. The moment was not just an
exercise in fast-tracking tech deployments but it was also a testing time for companies' ability
to get employees to embrace new forms of business engagement. Especially after the
pandemic, Low-Code No-Code (LCNC) platforms gained momentum to cut down extensive
development cycles to create new applications that meet immediate business needs.
Revolutions can go two ways - IT companies can usher in a better new world or they can
descend into anarchic chaos. To promote the former and guard against the latter, the IT
function should take on a new role as it governs the roll-out of LCNC platforms—a role that
would require a new operating blueprint.

LCNC technology is the new paradigm in app development that eliminates the need for
coding. This report highlights the current state and the future potential of LCNC in the country.
It presents popular existing LCNC platforms and emerging concepts that enable the capability
of automating business, extending seamless customer experience, and better workflow
integration. The report presents the need for LCNC to achieve digital transformation
objectives. Additionally, it also touches upon the evolution of LCNC from traditional coding
mechanisms, key players, impact on the IT industry, potential use cases and the job market in
the country for freshers and experienced individuals with the salary ranges. The report has
also summed up drivers and strategies to address the challenges of LCNC.

LCNC will be a unique and disruptive technology in

the near future as it is easy to adapt and requires
minimal logical & programming skills. Most LCNC
projects can be designed as plug and play which
would amplify its popularity.

Siva Prasad Nanduri

Chief Business Officer
TeamLease Digital

LCNC - Innovation in the Fast Lane | 2022 02

 OVERVIEW

For a few decades, IT organizations heavily

depended on their own developers or on an external

$187 Bn
vendor to develop applications or websites.
Typically, organizations had to invest in terms of
cost and wait for a longer period of time. Today,
however, another platform is becoming increasingly Global revenue
popular: Low-Code No-Code (LCNC). It is expected expected by 2030
that by 2030, the global LCNC development
platform market is all set to produce $187 billion in
revenue and account for more than 65% of
application development activity. Gone are the days More than

65%
when going digital was a matter of choice. All the
businesses have been catapulted into digital
transformation and have increased the demand for
of application
automation to serve the clientele. Increasing
development activity
demand for software development to perform the IT
operations is the driving force of the growth of
LCNC.

WHAT IS LOW-CODE NO-CODE (LCNC)?

Set of tools that developers, non-technical professionals or citizen developers
can use to build applications in a drag and drop interface
Includes complete user interface, integrations, data management & logic
Ready to develop blocks of code which enables Minimal Hand Coding
Facilitate fast production and usage of functional software

HOW IS LCNC DIFFERENT FROM TRADITIONAL APPLICATION

DEVELOPMENT?

Offers easy to use interface with ready to use components which contain the
actual code for different capabilities without extensive coding
Developers directly link together these pre-built components
Increments business feasibility and cost-effectiveness without dependency on
talent & traditional IT services

LCNC - Innovation in the Fast Lane | 2022 03

 THE LCNC TECHNOLOGY LANDSCAPE

PaaS
Platform as a Service – Users pay for a platform to build their own
tools

hpaPaaS
High Productivity Application Platform as a Service – helps developers
rapidly build web apps without writing custom codes

aPaaS
Application Platform as a Service – A specific kind of platform
where users can build their own applications

DaaS
Deployment as a Service provided by IT Industry from consulting
in selection of right LCNC provider to execution

HOW CAN LCNC SOLVE ORGANIZATIONAL PROBLEMS?

Accelerates digital Optimizes

transformation productivity

Builds custom Reduces dependency

software on hard-to-hire skills

LCNC - Innovation in the Fast Lane | 2022 04

 TOP LCNC DEVELOPMENT PLATFORMS

Lightning

LCNC - Innovation in the Fast Lane | 2022 05

 GLOBAL MARKET SHARE
Many research companies have esrimated the size of the LCNC market and its projected
growth. It must be noted that the LC market is more mature and larger than NC. The
global market size data combines figures for LCNC platforms together and often refers
to LC explicitly.

Global Low Code platform market revenue is forecasted to reach approximately.

65bn US dollars in 2027 and market is projected to grow with a CAGR of 26.1% over
this period
By 2030, LCNC market is expected to account for more than 65% of application
development
BFSI, Healthcare, SMBs, Fintech Firms, Start-ups, and Hi-tech sector are the leading
consumers for LCNC usage
LCNC is projected to be adopted by 75% of businesses across varied industries for
driving business efficiencies

Global Low Code Market Size (Bn)

75
$65.15
(expected )

$37.2
CAGR
50

22.6%
in FY20

25
$13.8
26.1%
$11.3 by FY27
(expected )

0
2020 2021 2025 2027
Sources: Gartner and Markets & Markets
Note: Other LCD technologies include RMAD tools and RAD tools

LCNC - Innovation in the Fast Lane | 2022 06

 INDIAN LCNC MARKET LANDSCAPE

According to NASSCOM study, LCNC market generated about $400 million in FY21
growing at a compounded annual rate of 15% since 2019 - 2021. Almost 70% of India’s
LCNC revenue currently are from global markets. India has potential to generate
$4.0-$4.2 bn revenue from the LCNC market by 2025 that will account for 10% of the
global market.

Indian Low Code Market Size (Mn)

500
$400-420

400
$350-380 CAGR
$300-330
15%
300
FY19 - FY21

200 India has potential to

generate

100 $4-4.2 Bn
revenue from LCNC
0 market by 2025
2019 2020 2021

Source: NASSCOM Low Code No Code report

~7X ~3X ~1.5X ~30%

Reduction in Reduction in Increased Increase in ROI
Development & Development Productivity
Deployment time Costs

India currently has 150 LCNC players, vast majority of which are bootstrapped startups.
As much as 80% of LCNC PoCs (Proof of Concepts) were parlayed to full-scale
implementations. Hubbler, Appy Pie, and ToolJet are the leading platforms in this space.

LCNC - Innovation in the Fast Lane | 2022 07

 MAJOR FACTORS DRIVING GROWTH

Increasing Digital Businesses

The rapid increase in need for digitization and strong ecosystem is
influencing growth of the market. Currently, IT business is under
tremendous pressure to accelerate application delivery speed and time.
The increasing need for custom software solutions in support of digital
transformation has prompted the emergence of citizen developers
outside of IT.

Aggressive Partnerships and Collaborations

Rigorous product launches and continued partnerships are accelerating
digital business transformation for joint customers. Additionally, the
acquisitions and merging of companies is strengthening its business in
the LC landscape.

Skill Sets
Traditional development requires a dedicated team of software
developers with strong programming skills. However, LCNC platforms
require minimal programming skills. Any user can develop customized
apps.

Scalability and Access

Most users have deployed low-code development platforms over the
cloud as this mode offers increased scalability, 24/7 data access, and
reduced IT expenditure.

LCNC - Innovation in the Fast Lane | 2022 08

 FUTURE OF JOB SEEKERS WITH LCNC

LCNC is the future of software development. In the coming years, companies will rely
mostly on these platforms as it shortens go-to-market time significantly. The rising
popularity of these platforms has opened new avenues for budding and amateur
developers to build apps very easily.

LCNC tools are also gaining attention in the context of the Great Resignation, with
businesses noting that these platforms make it easy for companies to address the
shortage in the sector. Businesses require more enterprise technologies than ever
before, IT skill shortage will continue to be an issue moving forward. However, LCNC
enables companies to expand and accelerate app delivery by empowering citizen
developers.

Whether you're seasoned, experienced or even an enthusiast looking to pick up

programming skills — LCNC programming provides a tantalizing opportunity. As for
those who are already in the field, the world of programming seems to diversify in two
ways — greater simplification (shift from low- to no-code development) and broader
scope of services, moving from spot low-code solutions to integrated enterprise-wide
functionality.

LCNC - Innovation in the Fast Lane | 2022 09

 SKILLS REQUIRED FOR LCNC DEVELOPER
Tools for non-programmers are speeding
up the developmental activities in the According to the Mendix survey
LCNC market. These tools are being
driven by a shortage of talent, growth of
hybrid work and demand for accelerated
digital initiatives. With LCNC platforms
70%
of the developers with no
anyone can build applications without
software expertise, significantly faster programming background
and at a fraction of the cost. learned how to build applications
with a low-code platform in just
To successfully become a LCNC one month or less.

28%
developer, 2-4 years of experience in
software development or a basic
knowledge of web/cloud-based
applications along with a bachelor's or learned in just two weeks or less.
masters’ degree in Computer Science
or similar field is required.

Job seekers with skill sets in Java/ J2EE, UI, UX, SQL, HTML, CSS, JavaScript, and Web
2.0 will have an added advantage.

For freshers, one programming language or scripting experience (C#, .Net, Java, Python)
is desired as low-code platforms contain more complex tools and provide customization,
they are only appropriate for individuals with programming knowledge.

Learning platforms like Low code academy, Udemy, Simplilearn, and Koenig are offering
LCNC training programs.

LCNC - Innovation in the Fast Lane | 2022 10

 LCNC JOBS & SALARY RANGE IN INDIA
With emergence of digital transformation happening across industries, demand for
specialized skills like LCNC has created new opportunities for budding developers. This
will amplify new jobs in the Indian geography for non-traditional coders.

Platform wise jobs available in India (as of July 2022)

Platform Total jobs available Active job seekers

Mendix 903 150

Appian 2,500 1,800

Salesforce Lightning 12,000 7,000

Outsystems 700 335

Zoho Creator 455 190

15-18L P.A 16,558 9,475

3 to 5yrs Experience Total jobs available Total active job seekers

LCNC - Innovation in the Fast Lane | 2022 11

 ADDITIONAL FINDINGS

LCNC as the future of software development

11.5%
No Idea

LCNC platforms are

15.4%
revolutionizing the software
No
industry by simplifying the
50% process and ensuring faster
Yes
delivery. It is all set to play a
critical role in business growth,
speed, and innovation.
23.1%
Some what
agree

Visibility of LCNC developers in the Indian IT industry

There is mixed opinion on

having enough LCNC
developers in the IT industry.
LCNC solutions has opened up
new job roles. The IT industry
45.5%
and academic have to join
No 54.5%
their hands to cater to the
Yes
LCNC demand-supply gap in
the country.

LCNC - Innovation in the Fast Lane | 2022 12

 LIMITATIONS WITH LCNC

Confined
customization options

Institutionalizes the
shadow IT phenomenon

Chances of losing
track/visibility

Security and risk

issues

Higher dependency on an
individual LCNC provider

Scalability and
maintainability challenges

LCNC - Innovation in the Fast Lane | 2022 13

 WHAT EXPERTS SAY ABOUT LCNC?

LCNC Platforms are revolutionizing the IT industry especially in the retail, healthcare,
and ecommerce domain by making software development quicker and more
accessible. Developers and even non-developers can create an enterprise-grade
application which saves time and cost. Organizations are now better equipped to
quickly adapt and respond to fast-changing business conditions.

Krishna Reddy, CEO, Amnet Digital

Low Code no code platforms are aiding in digital transformation across businesses
by reducing development costs and improving organisations agility. It is industry
agnostic and can be a game changer in the long run.

Kalyan Kumar Ravi, EVP – Technology, Liquid Payments, Inc

CONCLUSION
The world of IT witnessed tremendous growth over the last few years. A great number of
software companies are budding every day to meet the growing demands of businesses.
LCNC platforms are extending rapid development capabilities to meet the ever-changing
demand for software systems. While there may be some apprehension in some corners
about implementing low-code app development platforms, it has undoubted benefits for
IT groups. The most convenient, less expensive, and efficient LCNC has already started
making its place in the IT world and there’s no stopping to that. At the same time, LCNC
platforms have unfurled bright opportunities for freshers and experienced programmers
alike. It allows them to build effective and efficient apps in no time!

LCNC - Innovation in the Fast Lane | 2022 14

ABOUT
TEAMLEASE DIGITAL
TeamLease Digital is a subsidiary of TeamLease Services Limited, which offers Tech
Staffing Solutions across IT, ITeS, IT Infrastructure, BFSI, Mobile Tech, Telecom,
Engineering, EdTech, HealthTech, and Gaming Industries. TeamLease Digital has
emerged as one of the largest IT Staffing & Solutions providers in the country and has
hired over 80,000+ professionals since its inception with 10000+ consultants
currently deployed with 200+ clients including some of the largest Fortune 500
customers, and has over 7,000+ open jobs every day. With the vision of ‘Putting India
to Work’, we at TeamLease Digital are committed to being part of the amazing growth
story.

LCNC - Innovation in the Fast Lane | 2022

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