Platform as a Service Market 2023: Industry Growth, Dynamic Research Analysis, Trend and Forecast To 2029
Global Platform as a Service Market Size Was Valued At USD 93.97 Billion In 2021, And Is Projected To Reach USD 325.10 Billion By 2028, Growing At A CAGR Of 19.4% From 2022 To 2028.
Platform as a service is a cloud computing model where a third-party provider delivers hardware and software tools to users over the internet. Usually, these tools are needed for application development. A PaaS provider hosts the hardware and software on its own infrastructure. As a result, PaaS frees developers from having to install in-house hardware and software to develop or run a new application. PaaS tools tend to be touted as simple to use and convenient. An organization might find the move to PaaS compelling considering potential cost savings over on-premises alternatives.
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The latest research on the Platform as a Service Market provides a comprehensive overview of the market. It gives a comprehensive picture of the global Platform as a Service industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Platform as a Service Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
The Major Players in The Platform as a Service Market Include:
- Amazon Web Services Inc.
- AT&T Inc.
- Cisco Systems Inc.
- Computer Science Corporation
- Cornerstone OnDemand Inc.
- EMC Corporation
- Fujitsu Ltd.
- Gartner Inc.
- Google LLC
- HCL Technologies Ltd.
- IBM Corporation
- Informatica LLC
- Intel Corporation
- KDDI Corporation
- LM Ericsson Telefon AB
- Microsoft Corporation
- NTT Communications Corporation
- OpenText Corporation
- Oracle Corporation
- Oracle NetSuite
- Red Hat Inc.
- com Inc.
- SAP SE
- ServiceNow Inc.
- Software AG
- Tata Consultancy Services Ltd.
- Tech Mahindra Ltd.
- Telefonaktiebolaget LM Ericsson
- Tibco Software Inc.
- Vmware Inc.
- Zoho Corporation, and Other Major Players
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Market has segmented the global Platform as a Service Market on the basis of type, application, and region:
- Application PaaS (aPaaS)
- Integration PaaS (iPaaS)
- Database PaaS (dbPaaS)
- Consumer Goods & Retail
- IT & ITeS
- Healthcare & Life Sciences
- Other Verticals
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
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Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
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