Platform as a Service Market Analytical Overview, Growth Factors, Demand and Trends Forecast to 2025
The rising needs of IT solutions such as agility, scalability, Pay-per-use based pricing, and reduced cost & time is driving the Platform as a Service market growth. Additionally, PaaS also caters to the growing demand for affordable and sophisticated analytic tools, business intelligence, and development software. PaaS development tools help SMEs and startups with pre-coded application components built into the platform such as directory services, workflow, search, and security.
Request for Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/4202
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.
North America held a major share in the Platform as a Service market in 2018 and is anticipated to maintain the dominant share over the forecast timeline. The market growth is attributed to the presence of prominent market players in the region. Additionally, the enterprises present in the region are highly digitized and are increasingly using cloud-based services. The government in the region is investing heavily in the cloud and other infrastructure to support the growth of the PaaS market.
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.
Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/4202
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.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
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
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Platform as a Service Market Analytical Overview, Growth Factors, Demand and Trends Forecast to 2025 here
News-ID: 1865810 • Views: 241
More Releases from Global Market Insights, Inc.
America SLI Battery Market Analysis 2019-2025 With Top Companies of Industry lik …
Eminent market participants across America SLI battery market comprise of Grupo Gonher, Johnson Controls, Continental Battery, Exide Technologies, U.S. Battery, East Penn, XS Power battery, Enersys, Dyno Battery, Crown Battery, ACDelco, Leoch International, Braille Battery, Trojan Battery Company, Discover Battery, Acumuladores Moura, NorthStar Battery, Power Sonic, Interstate Batteries and GS Yuasa. Global Market Insights, Inc., announces a report on America SLI Battery Market Trends & Forecast - 2025.' The study encompasses
Natural Gas Liquid Market Analysis 2019-2025 :BP, Petrobras, Royal Dutch Shell, …
Eminent industry players operating across the natural gas liquid market comprises of BP, Petrobras, Royal Dutch Shell, Exxon, Qatar Petroleum, Canadian Natural Resources, Range Resources, Rosneft, Riveria, Eni, ConocoPhilips, Equinor, Total, Gazprom, Lukoil, Devon, and Chevron. Japan NGL market is set to exceed the consumption of 0.2 mbl/day by 2025. Growing demand for high value-added manufactured petrochemicals coupled with accelerating investments toward chemical industry will propel the industry growth. Furthermore, rapidly
Oil Pipeline Infrastructure Market Insights Report 2019-2025 : Enbridge, TransCa …
Eminent players operating in the oil pipeline infrastructure market share comprises Enbridge, TransCanada, Kinder Morgan, Enbridge, Pembina, PetroChina, CNPC, Petrobras, National Oil Varco, Bechtel, Europipe, Chelpipe, Welspun Corporation, Jindal Group and CRC Evans. Global Market Insights added a new report on global Oil Pipeline Infrastructure Market to its research database. The report focuses on global major leading players with information such as company profiles, growth, product segment, technology segment, end user
Home Standby Gensets Market Analysis 2019-2025 With Top Companies of Industry li …
Europe home standby generator sets market is anticipated to grow over 5% by 2025. Rapid expansion in the residential sector owing to sizeable investments in real estate will influence the demand for these gensets. Additionally, growing focus of investors toward urban regions offering opportunities to secure new assets will further generate demand potential for these units. Moreover, growth in consumer spending and rising awareness toward emergency power backup solutions will
More Releases for Platform
MEDWISH Platform Information
The MEDWISH platform is dedicated to becoming the world's largest e-commerce platform and comprehensive service provider for hospitals worldwide. It greatly strengthens the ties between suppliers and buyers, and brings extraordinary services to both sides. Later MEDWISH versions will contain more functionalities including financing, technical, artificial intelligent, business operating, cultural and talent-recruiting services to our users. The powerful global medical network of MEDWISH will make it not only a marketplace
SOLAREUM Announces Unprecedented Platform
SOLAREUM Announces Their New Platform and Native SLRM Token Bitcoin Press Release: Solareum is pleased to announce their upcoming platform which will utilize blockchain technology and will provide cryptocurrency enthusiasts a marketplace where green energy consumption pays the user. Solareum the Amazon of Solar and Renewables. Welcome to the Solareum Marketplace, where you don’t pay for energy: energy pays you. 3rd April 2018. Lichtenstein: Solareum is pleased to announce their live website and
Trending travel platform
LetsGo2 App is the modern platform for travelers coming in & out of Los Angeles. Airport Shuttle: Premium shuttle service from LAX & most airports in the surrounding to all major cities across California. Our unique feature allow travelers to book their trip weeks ahead. Private tour: Explore Los Angeles with our various tour options. We start from your residence and bring you back home. Hollywood tour: Hollywood Sign, Walk
Healthcare BI Platform Market
Transparency Market Research estimates that global market for healthcare BI platform will exhibit an impressive CAGR of 11.7% over the period between 2015 and 2023, rising form a net worth of US$1.5 bn in 2014 to an opportunity of US$3.9 bn by 2023. North America Market to Lead the Way From a geographical standpoint, the market for healthcare BI platform in North America held the dominant 47.8% of the global market in
ScheduleOnce unveils redesigned platform
September 6, 2017 -- ScheduleOnce, a leading scheduling automation solution, today announced the launch of ‘The all-new ScheduleOnce - Release 8.0.’ This release introduces a complete revamp of the application. The platform was redesigned inside and out, to bring customers and users an improved experience. “ScheduleOnce 8.0 is our biggest release to date. It celebrates what we have become since 2006 and showcases what we are all about
Digital Commerce Platform Market
This report intends to provide a comprehensive strategic analysis of the global digital commerce platform market along with revenue and growth forecasts for the period from 2014 to 2024. With advancements in digital commerce platforms and rising demand for Internet based commerce in retail, the digital commerce platform market is expected to experience high growth in the coming decade. Some of the factors supporting the growth of the market worldwide