The New report includes a detailed study of Global Platform-as-a-Service (PaaS) Market. It is the result of a comprehensive research carried out keeping in mind the different parameters and trends dominating the global Platform-as-a-Service (PaaS) Market.
Platform as a Service (PaaS) or application platform as a Service (aPaaS) or platform base service is a category of cloud computing services that provides a platform allowing customers to develop, run, and manage applications without the complexity of building and maintaining the infrastructure typically associated with developing and launching an app.
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Top Key Players in the Market:
Oracle, Active State Software, Red Hat, SAP, EMC Corporation, VMware, Software AG, Salesforce.com, AT&T
This research report categorizes the global Platform-as-a-Service (PaaS) market by top players/brands, region, type and end user. This report also studies the global Platform-as-a-Service (PaaS) market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
‘Platform as a Service’ (PaaS) in combination with IaaS and SaaS is a cloud computing service model. The global Platform as a Service (PaaS) market was valued at USD 1.60 billion in 2013 and is forecast to grow at a CAGR of 25.7% from 2014 to 2020. PaaS, due to its service model, allows for low capital investment. It enables the deployment of applications without the need for provisioning hosting capabilities. It, thus, helps save on the cost incurred for buying and managing the underlying hardware and software. The PaaS model minimizes the incremental cost required for scaling the system with growth in the service usage, while allowing for resource sharing, reuse, life-cycle management, and automated deployment. For these benefits, PaaS is preferred over other solutions for application and service development.
The global PaaS market is expected to reach a market size of USD 7.98 billion by 2020. Furthermore, the pay-per-use features offered by PaaS coupled with high efficiency of PaaS solutions is another major factor fueling the global PaaS market. However, high fragmentation of market at regional levels hinders the market growth. In addition, the global PaaS market is still characterized by low adoption across the small and medium enterprises (SMEs), predominantly due to low awareness about benefits of PaaS.
Market Segment by Type:
Market Segmentation by Application:
Small and Medium Enterprises (SMEs)
The report provides in-depth comprehensive analysis for regional segments that covers North America, Europe, Asia-Pacific, Middle East and Africa and Rest of World in Global Outlook Report with Market definitions, classifications, manufacturing processes, cost structures, development policies and plans.
In this study, the years considered to estimate the market size of Platform-as-a-Service (PaaS) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2026
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Influence of the Platform-as-a-Service (PaaS) market report:
- Comprehensive assessment of all opportunities and risk in the Platform-as-a-Service (PaaS) market.
- Platform-as-a-Service (PaaS) market recent innovations and major events.
- Detailed study of business strategies for growth of the Platform-as-a-Service (PaaS) market-leading players.
- Conclusive study about the growth plot of Platform-as-a-Service (PaaS) market for forthcoming years.
- In-depth understanding of Platform-as-a-Service (PaaS) market-particular drivers, constraints and major micro markets.
- Favourable impression inside vital technological and market latest trends striking the Platform-as-a-Service (PaaS) market.
The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the report’s an invaluable resource for industry executives, Marketing, Sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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