Worldwide Platform as a Service (PaaS) Market Overview, Opportunities, Key Industry Dynamics and Forecast to 2025 |The Insight Partners

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The “Worldwide Platform as a Service (PaaS) Market by Components, Product Type, Applications and Vertical” report provides a detailed overview of the major factors impacting the global market with the market share analysis and revenues of various sub segments.

 

A segment of cloud computing, Worldwide Platform as a Service (PaaS) provides a virtual platform for users to develop and run applications and software over the internet, eradicating the need of physical infrastructure and extra amount to be spent on purchase of underlying software and hardware. PaaS services can be accessed remotely using web applications such as web browsers. Collectively with other components software as a service (SaaS) and infrastructure as a service (IaaS), a cloud computing service model is formed.

 

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PaaS services come with pre-configured features, thereby privileging users to subscribe for the service as per their requirement and finally paying as per their usage. Consequently, packages includes supplying the infrastructure options for advanced development to simple point-and-click frameworks requiring no client side hosting. PaaS can be delivered as public cloud service from a provider or as a software installed on private data centers or public infrastructure as a service managed by internal IT departments. The major advantage of PaaS is that it allows higher-level programming with dramatically reduced complexity. With in-built infrastructure and easy maintenance and enhancement of the applications, the overall development is triggered. In addition, PaaS provides multi-function options wherein multiple users can work on the same project at the same time located remotely. In addition, PaaS provides low capex with promising substantial growth in service usage, automated deployment, life cycle management, and management services.

 

The only restriction with this service can be compatibility with a particular platform or software limiting the number of users of other platforms, however, now lock free PaaS solutions are offered to eliminate the compatibility issues. Although, IaaS and SaaS markets are well-established, but a significant growth is expected in PaaS market during the forecast period, owing to a number of key benefits offered such as agility , scalability, pay-as-you-go based pricing thus reducing the time and cost.

 

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As companies worldwide are aiming at standardization of their operations through cloud computing, PaaS market is expected to make a subsequent growth, by accomplishing their needs. PaaS provides a platform to enable the developers to create software using libraries tools provided by the provider. In addition, the introduction of enterprise PaaS that overcomes all the complexity of basic PaaS, is expected to bolster the global PaaS market by capturing significant cloud market share. Large investments flowing from the major IT players in the market coupled with rising demand of cloud-based solutions are factors expected to propel the PaaS market globally.

 

Segmentations Covered in the Platform as a Service (PaaS) Market

  • Deployment Model : Public Cloud, Private Cloud, Hybrid Cloud
  • Solution Types : Application Development, Business Intelligence Platform (BIP), Application Infrastructure Middleware (AIM), Database Management Systems (DBMS)  
  • End-user Verticals : BFSI, Retail, Distribution & CPG, Media & Entertainment, Online Business, Healthcare & Life Sciences, Research & Education Services, IT & Telecommunication, Government, Manufacturing, Logistics & Transportation, Energy & Utility
  • Geographical Analysis: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), South America (SAM)

 

Some of the leading players in Platform as a Service (PaaS) Market Report

  • Salesforce.com Inc.
  • Google Inc.
  • Microsoft Corp.
  • Amazon.com Inc.
  • IBM Cooperation
  • ActiveState Software Inc.
  • Red Hat Inc.
  • Oracle Corporation
  • SAP SE
  • Software AG
  • EMC Corporation
  • VMware Inc.
  • AT&T Inc.

 

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Reason to buy

  • Highlights widely used product offerings thereby allowing organizations to gain revenues by focusing majorly on select products
  • The key findings and recommendations highlight crucial progressive industry trends in the Platform as a Service (PaaS) market, thereby allowing players across the value chain to develop effective long term strategies
  • Get reliable information about the strategies manufacturers in this market use to drive revenue
  • Gain insights into the competitive landscape, to strengthen market competitiveness and positioning
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as the those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
  • Examine the current and future impact of the five forces namely: bargaining power of suppliers, bargaining power of buyers, threat of substitutes, threat of new entrants and degree of competition

 

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About The Insight Partners:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

 

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Email: sales@theinsightpartners.com

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