Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Platform as a Service (PaaS) Market Growth

Platform as a service or application platform as a service or platform-based service is a category in cloud computing services that provides a platform for customers to build, operate, and manage. Some of the leading examples of the platform as service (PaaS) providers are Windows Azure, Google App Engine, and AWS Elastic Beanstalk, among others.

 

Organizations are rapidly embracing PaaS solutions due to their several benefits, which during the forecast period, drives the platform as a service (PaaS) market development. The PaaS model offers software development tools, APIs, and code to help companies streamline their application development. The design also promotes the full lifecycle of software and reduces the pressure on organizations to manage and update servers. The PaaS design removes needless human setup tasks and simplifies software developers’ tasks.

 

Platform as a Service (PaaS) Market Report Snapshots

Platform as a Service (PaaS) Market Size

Platform as a Service (PaaS) Market Growth

Platform as a Service (PaaS) Market Trends

Platform as a Service (PaaS) Market Share

Platform as a Service (PaaS) Companies

Platform as a Service (PaaS) Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Outline the Scope

Key Questions Answered in the Report

The platform as a service (PaaS) market value is expected to grow at a CAGR of 21% between 2024 and 2032.

The major drivers of the market include the gaining popularity in different sectors, such as finance, media, education, and healthcare, rising need for collaboration, rapid deployment of IoT and other innovative technologies by SMEs, growing capital investment on application development for mobile, web and enterprise, and rise in popularity of cloud-based services.

Key trends aiding market expansion include the emergence of video communication and the growing integration platform.

Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The industry can be broadly categorised based on its deployment into public cloud, private cloud and hybrid cloud.

The industry can be divided based on its solution as business application platforms, raw computing platforms, social application platforms, and web application platforms.

The significant applications include application development and management PaaS (ADM PaaS), business process management PaaS (BPM PaaS), application PaaS (APaaS), and integration PaaS (IPaaS), among others.

The industry can be divided based on its industry like banking, financial services and insurance (BFSI), consumer goods and retail, education, gaming, healthcare, logistics and transportation, public sector and government, telecommunications and IT, travel and hospitality, among others.

The end-use includes enterprises, and small and medium businesses (SMB).

Key players in the market are Amazon Web Services, Inc., Microsoft Corp., Google LLC, Oracle Corp., and Salesforce.com, Inc., among others.

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C130 Sector 2 Noida, Uttar Pradesh 201301

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