Low-code Development Takes the Lead: 19.6% YoY Increase in Global Market Share Projected to Reach $26.9 Billion in 2023

Gartner has got this SPOT ON!
Having witnessed the incredible impact of low-code development technologies for more than decade, I couldn’t agree more with this projection that its global market share will witness a 19.6% year-on-year increase to reach $26.9 billion in 2023.
At @DLT Labs, we’ve already witnessed this impact with our very own DL Asset Track - the world’s most powerful low-code, blockchain-based, fintech-enabled Distributed Autonomous Organization (DAO) platform, which bridges key gaps within the multi-trillion dollar financing and supply chain industries.
Over the past five years, we have walked the talk and have demonstrated the impact of enterprise-wide hyper-automation in enhancing not just company-wide digitization initiatives, but also improving digital competencies, speed of delivery, and enabling customized automation workflows.
Simply put, through the low-code DL Asset Track Technology, we’ve been able to:

  • optimize the flow of goods
  • enable end-to-end tracking of all activities
  • record all transactions and digital interactions
  • ensure transparency and robust auditing
  • create a single immutable source of truth
  • grant access to all relevant stakeholders on a distributed network, and
  • facilitate faster decision-making while dramatically increasing efficiency

Low-code development technologies will set the foundations of the future. Feel free to quote me in a few years from now!
Meanwhile, if you’re interested in joining in and being a part of the next revolution within the low-code blockchain space, register with us at https://nocode.dlassettrack.com/

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