Platform as a Service Market Overview, Top Manufacturers, Industry Growth Analysis and Forecast to 2027
Market Highlights:
Market Research Future (MRFR)’s latest study reveals that the global Platform as a Service Market is
projected to grow saliently at a CAGR of 26% during the forecast period 2016 to
2022. The market is expected to reach a value over USD 12 Bn by the end of the
assessment period.
The increased penetration of software technology has accelerated revenue
creation for the participants of the platform as a service market. PaaS models
enable the users to create software applications easily by using tools
delivered by the cloud provider. The increasing need for the integration of
software applications for profit making in business is likely to propel demand
in the platform as a service market.
Platform as a Service (PaaS) Market ensures
cost effectiveness by cutting down costs related to purchasing of a server,
software licenses, and additional hardware for developing and managing
applications. This, in turn, is projected to catapult the platform as a service
market on an upward trajectory.
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Major Key Players:
·
Salesforce.com (U.S.)
·
Apprenda Inc. (U.S.)
·
Google, Inc.(U.S.)
·
Amazon.com, Inc.
(U.S.)
·
Microsoft Corporation
(U.S.)
·
SAP SE (Germany)
·
Oracle Corporation
(U.S.)
·
Engine Yard, Inc.
(U.S.)
·
Fujitsu Ltd. (Japan)
·
Red Hat,
Inc.(U.S.)
Market
Segments:
Global Platform as Service Market has
been segmented on the Basis of Deployment, Type, End-User and Industry. The
Deployment includes Public, Private and Hybrid Cloud. Type has been identified
as Application, Integration, and Data Management among others.
By End User the market has been segmented as Small
and Medium Enterprises among others, whereas Industry consist of Banking &
Financial Sector, Government & Public Sector, Healthcare & Life
Sciences, Education, Consumer Goods & Retail, Telecommunications & IT
among others.
Regional Analysis:
North America is dominating the market
of Platform as Service Market due to the high-adoption rate of cloud-based
services by various enterprises and businesses in this region. Major cloud
service provider are such as Google, Inc. (U.S.), Microsoft Corporation (U.S.),
Oracle Corporation (U.S.), are based in North America thus supporting the
platform as a service market.
Asia-Pacific is expected to show major growth in the market of Platform
as Service Market due to the high growth in Cloud services & big data,
telecom and IT sectors in this region.
Europe is expected to registering healthy growth in the Platform as
Service Market due to increased adoption of cloud services by many SMEs &
VSMs with higher enterprise engagement at the application level is supporting
the market of platform as a service model.
Table
of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope
of Study
1.2.1 Research
Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market
Structure
Continued…
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List
of Tables
Table 1 Global Platform as
A Service Market by Deployment
Table 2 Global Platform as
A Service Market By Type
Table 3 Global Platform as
A Service Market By End-User
Table 4 Global Platform As
A Service Market By Industry
Table 5 Global Platform As
A Service Market By Regions
Continued…
List
of Figures
Figure 1 Research Type
Figure 2 Global Platform
As A Service Market: By Deployment (%)
Figure 3 Global Platform
As A Service Market: By Type (%)
Figure 4 Global Platform
As A Service Market: By End-User (%)
Figure 5 Global Platform
As A Service Market: By Industry (%)
Continued…
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