Platform as a Service Market – Global Industry Forecast & Analysis over 2020 - 2026

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The Platform as a Service Market report add detailed competitive landscape of the global market. It includes company, market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the Global Platform as a Service industry based on product segment, technology, end user segment and region.

Asia Pacific is growing at a significant CAGR over the forecast timeline due to the rapid growth of IT infrastructure and the high development rate of the corporate sector across countries such as Japan, the Philippines, India, and China. The supportive government investments to propel the IT sector and the increasing digitization across various sectors in the region are contributing to the regional market growth. The regional Platform as a Service market is expected to gain traction due to its cost-effective pricing, scalability, agility, support, and operational efficiency. The presence of a large number of SMEs across various sectors in the region is anticipated to adopt PaaS due to the absence of properly owned infrastructure and lack of skilled coders & other employees.

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Application PaaS in the application segment is estimated to grow at a significant CAGR over the forecast timeline due to the increasing capital investments in the application development for web, enterprises, and mobile. Additionally, it enhances resource sharing across several projects, facilitating higher employee productivity in enterprises. Application Platform as a Service reduces the time-to-market by condensing the project duration by more than half and improving operational efficiency. The rising need to support the enterprise level of applications & related projects, which include technical support, data security, access to external services, and disaster recovery is proliferating the Application Platform as a Service market.

Platform as a Service (PaaS) Market report includes in-depth coverage of the industry trends, with estimates & forecast in terms of revenue (USD Million) from 2014 to 2025, for the following segments:

Platform as a Service (PaaS) Market, By Solutions, 2014-2025 (USD Million)
  • Business Application Platforms
  • RAW Computing Platforms
  • Social Application Platforms
  • Web Application Platforms
Platform as a Service Market, By Enterprise Size, 2014-2025 (USD Million)
  • Small and Medium Enterprises (SMEs)
  • Large Enterprises
 PaaS Market, By Deployment Model, 2014-2025 (USD Million)
  • Public Cloud
  • Private Cloud
  • Hybrid Cloud
By Application, 2014-2025 (USD Million)
  • Application Development and Management PaaS  (ADM PaaS)
  • Business Process Management PaaS (BPM PaaS)
  • Application PaaS (APaaS)
  • Integration PaaS (IPaaS)
  • Other PaaS
By End Use, 2014-2025 (USD Million)
  • BFSI
  • Education
  • Government & Public Sector
  • Healthcare
  • IT & Telecom
  • Logistics & Transportation
  • Media, Gaming, & Entertainment
  • Retail
  • Travel & Hospitality
  • Others

To browse this report titled, “Platform as a Service Market Overview and Product Scope over 2020 - 2026: Global Market Insights, Inc.” https://www.gminsights.com/industry-analysis/platform-as-a-service-paas-market

The prominent Platform as a Service market players are focusing on strategic alliances such as mergers, acquisitions, and collaborations to enhance their PaaS capabilities in several end-use applications such as gaming, healthcare, and BFSI. For instance, in January 2018, Microsoft acquired PlayFab, the cross-platform gaming tool vendor. This acquisition will strengthen Microsoft’s offerings in Platform as a Service and tools for cloud gaming development.

Prominent players operating in the Platform as a Service market are Amazon Web Services, Inc., Apprenda (Atos SE), Cloud Foundry, Inc., CloudBees, Inc., Google LLC (Alphabet Inc.), Heroku (Salesforce.com), IBM Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, and TIBCO Software Inc.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
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