Investing in AI-driven apps is the next big thing, with market research firms predicting a growth rate in the low-code software market of up to 30% per year in the next few years. This is due to the emergence of AI-powered apps that are set to transform the world in a profound way. With over 80% of Americans owning a smartphone and apps becoming an integral part of daily life, companies that successfully embrace AI across their enterprise will dominate their sector, whilst those that don’t will fail.
To compete in the AI app economy, companies will race to create and deploy customizable AI software apps. However, given the complexity of coding and the rarity of coding skills, creating AI-driven apps is a significant challenge for non-FANG businesses. This has led to the emergence of Low-Code Application Platforms or LCAPs. LCAPs make the task of designing and launching an app as easy as drawing a flowchart. They allow users to stack pre-built app templates on top of each other, creating fully customized, enterprise-specific apps.
The demand for LCAPs is set to boom over the next few years, with estimates suggesting that the low-code software market will grow in excess of 30% per year, with the addition of AI-apps. Investing in the top dogs of the AI app economy is predicted to yield tremendous profits. Cisco and Oracle stocks experienced thousands of percent growth when these companies emerged in the early 1990s.
Investors are advised not to miss out on the rush to invest in the burgeoning AI app economy. To gain a better understanding of the AI revolution, it is recommended to watch a presentation that breaks down the topic and explores the best AI software stocks to invest in right now. By taking advantage of this opportunity, investors can profit from the AI boom and avoid missing out on the biggest technological trend of our time.
