Press release
Platform As A Service (PaaS) Market Report: Global Industry Key Players, Share, Trend, Segmentation And Forecast To 2031
Platform as a Service (PaaS) Market
The regions covered in the platform as a service (PaaS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest platform as a service (PaaS) market share.
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The Platform as a Service (PaaS) market consists of sales from cloud-based platform services. PaaS is a cloud computing model that provides a platform to the customers to develop, run and manage applications over the internet. Revenue in the market is generated by the companies by way of subscriptions and licenses from web/software developers or other business households. There are four different types of PaaS which can be classified as computing platforms, web applications, business application and social applications. The global revenue of this industry is the cumulative revenue of all the companies engaged in providing any of the above services. Some of the Paas providers are Salesforce, Heroku, Amazon Web Service (AWS), Elastic Beanstalk and Microsoft Azure etc.
Key competitors in the platform as a service (PaaS) market include Amazon web service, Salesforce Platform, IBM Cloud Foundry, Microsoft Azure, Google Cloud Function, Red Hat, Inc., Oracle Cloud PaaS, SAP SE, Engine Yard, ActiveState Software Inc., Software AG, VMware Inc., Cloud Foundry, EMC Corporation and AT&T Inc.
The global platform as a service (PaaS) market is expected to grow from $49.41 billion in 2021 to $57.15 billion in 2022 at a compound annual growth rate (CAGR) of 15.7%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The Platform as a Service market is expected to reach $96.24 billion in 2026 at a CAGR of 13.9%.
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TBRC's report segments the global platform as a service (PaaS) market:
1) By Type: Application Infrastructure and Middleware (AIM), Database Management Systems (DBMS), Business Intelligence Platform (BIP), Application Development on Cloud
2) By Deployment: Public Cloud, Private Cloud, Hybrid Cloud
3) By End-User: Financial Institutions and Services (BFSI), Technology, Retail, Distribution, Education Services, Travel and Transport, Healthcare and Life Sciences, Others
Read further on the platform as a service (PaaS) market here:
https://www.thebusinessresearchcompany.com/report/platform-as-a-service-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Platform as a Service (PaaS) Market Characteristics
3. Platform as a Service (PaaS) Market Size And Growth
4. Platform as a Service (PaaS) Market Segmentation
5. Platform as a Service (PaaS) Market Regional And Country Analysis
.....
25. Platform as a Service (PaaS) Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Platform as a Service (PaaS) Market
27. Platform as a Service (PaaS) Market Trends And Strategies
28. Platform as a Service (PaaS) Market Future Outlook and Potential Analysis
29. Appendix
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