PUBLISHER: SkyQuest | PRODUCT CODE: 1095236
PUBLISHER: SkyQuest | PRODUCT CODE: 1095236
The Global PaaS Market was valued at USD 67.12 Billion in 2021, and it is expected to reach a value of USD 241.92 Billion by 2028, at a CAGR of more than 35.30% over the forecast period (2022 - 2028).PaaS (Platform-as-a-Service) is a type of cloud computing service that includes a wide range of cloud-based application infrastructure and middleware (AIM) services. A PaaS provider hosts hardware and software on its infrastructure. As a result, PaaS removes the requirement for developers to install on-premises hardware and software in order to create or run a new application. Platform-as-a-service (PaaS) cuts costs and enhances operational efficiency for businesses and developers by providing templates and app development tools as a utility, enabling quick and creative app creation. PaaS growth in the region is projected to be supported by more enterprise involvement at the appliance level, fueled by rising mobile adoption. In recent years, many prominent cloud providers have entered the PaaS space, showing the service's expanding popularity.
Top-down and bottom-up approaches were used to estimate and validate the size of the global PAAS market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Aspects covered in this report:
The Global Platform as a Service (PaaS) market is segmented based on Type, Services, Deployment, Organization, Application and Region. Based on Type it is categorized into: Software, Service. Based on Services it is categorized into: Consulting, Implementing, Training. Based on Deployment it is categorized into: Cloud, On-Premise. Based on Organization it is categorized into: Large Enterprises, Small and Medium Enterprises (SMEs). Based on region it is categorized into: North America, Europe, Asia-Pacific, Latin America, and MEA.