Press release
Platform as a Service (PaaS) Market Analysis by Key Players Focusing on Growth Strategies and Upcoming Trends
Platform as a Service (PaaS) Market was worth US+$1bn and is projected to reach US+$7 bn by the end of 2020, exhibiting an impressive +24% CAGR between 2014 and 2020.Global Platform as a Service (PaaS) Market Research Report.” 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.
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Top Key Players like: ActiveState Software Inc., Salesforce.com, Inc., Amazon.com, Inc., Google, Inc., Microsoft Corporation, IBM Corporation, Oracle Corporation, Red Hat, Inc., SAP SE, EMC Corporation, Software AG, VMware Inc., AT&T Inc.
The flexibility, agility, scalability and efficiency offered by PaaS solutions are key factors which attract the small, medium as well as large enterprises to switch to PaaS solutions. In addition, the rising focus of enterprises in reducing capital expenditure (CAPEX) and diverting the spending to operational expenditure (OPEX) can also be served by PaaS solutions.
Thus, the PaaS vendors are looking forward to provide AIM solutions to their clientele, to strengthen their footprints in the PaaS market. Furthermore, the large-scale adoption of SaaS is further expected to fuel the adoption of PaaS for customization, extension, and integration and deployment of the cloud-based applications.
This is owing to the significant adoption of cloud-based services (SaaS, IaaS, PaaS) by SMEs as well as large enterprises in the region. Rest of the World and Asia Pacific are expected to the fastest growing markets for PaaS owing to the rapid technological as well as infrastructural advancements coupled with high growth in sectors such as telecom, and IT in the regions.
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Table of Content:
Chapter 1 Industry Overview of Platform as a Service (PaaS)
Chapter 2 Manufacturing Cost Structure Analysis of Platform as a Service (PaaS)
Chapter 3 Technical Data and Manufacturing Plants Analysis of Platform as a Service (PaaS)
Chapter 4 Global Platform as a Service (PaaS) Overall Market Overview
Chapter 5 Platform as a Service (PaaS) Regional Market Analysis
Chapter 6 Major Manufacturers Analysis of Platform as a Service (PaaS)
Chapter 7 Development Trend of Analysis of Platform as a Service (PaaS) Market
Chapter 8 Platform as a Service (PaaS) Marketing Type Analysis
Chapter 9 Conclusion of the Global Platform as a Service (PaaS) Market Professional Survey Report 2018
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About Company:
We at IT Intelligence Markets conduct intensive market research and generate detailed reports about the products and services offered in the IT domain. Our team is devoted to providing custom reports that are taylor-made to suit the customer’s requirements. We make sure to keep our customers updated with the latest market dynamics as IT industry is undergoing sea change intrinsically & extrinsically by forces such as regulatory fluctuations, rapidly evolving consumer preferences, and newer technologies. Not only do our market research analysts scrutinize market requirements but also track competitors relentlessly for obtaining the most updated scenario of the market.
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