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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Platform as a Service (PaaS) Market Share
Cloud deployments are suitable for all enterprises as public, private, and hybrid cloud PaaS manage their operations
Public cloud PaaS is a deployment model where the platform is hosted and managed by a third-party provider. The infrastructure and resources are shared among multiple customers, and the provider manages the maintenance, security, and scalability. This model is suitable for applications that require rapid deployment and scalability, such as social media platforms like Facebook and Twitter, which use public cloud PaaS to manage their massive user bases.
Private cloud PaaS, on the other hand, is a deployment model where the platform is hosted and managed within an organization's own data center or intranet. The infrastructure and resources are dedicated to the organization, and the organization is responsible for managing the maintenance, security, and scalability. As per platform as a service (PaaS) market analysis, this model is suitable for applications that require high security, compliance, and regulatory requirements, such as financial institutions and government agencies. For example, the US Department of Defense uses private cloud PaaS to manage its sensitive data and applications.
Hybrid cloud PaaS is a deployment model where the platform is hosted and managed across both public and private clouds. 90% of large enterprises have adopted a multi-cloud infrastructure as it allows for flexibility and scalability while maintaining control over sensitive data and applications. This model is suitable for applications that require a combination of public and private cloud capabilities, such as e-commerce platforms like Amazon and eBay, which use hybrid cloud PaaS to manage their customer data and transactions.
ADM PaaS application segment holds a significant market share due to its wide use in software development industries
ADM PaaS is a type of PaaS that provides tools and services for developing, testing, and deploying applications. It includes features such as source control, build automation, and continuous integration and deployment. This segment is expected to have the largest market share due to its widespread adoption in the software development industry.
APaaS is a type of PaaS that provides tools and services for developing applications. It includes features such as application hosting, database management, and development tools. APaaS offers tools for coding, testing, and debugging. This segment is expected to have a significant platform as a service (PaaS) market share due to its adoption in various industries such as e-commerce, social media, and gaming.
BPM PaaS is a type of PaaS that provides tools and services for managing business processes. It includes features such as workflow management, business rules management, and process analytics. This segment is growing due to its adoption in various industries such as finance, healthcare, and manufacturing.
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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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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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124