(PaaS) Platform as a Service Market To Grow At A CAGR of 15.4% During 2018-2022

(PaaS) Platform as a Service Market To Grow At A CAGR of 15.4% During 2018-2022

“Platform As A Service (PaaS) Global Market Report 2019”
Microsoft Azure Is One Of The Largest Companies In The Platform as a Service Market, According To TBRC’s Report
(Companies: Amazon web service, Salesforce Platform, IBM Cloud Foundry, Microsoft Azure and Google Cloud Function)

The global platform as a service (PaaS) market was valued at about $29.58 billion in 2018. The North American market is the largest market for platform as a service.

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. Microsoft Azure is a cloud computing service created by Microsoft for building, testing, deploying, and managing applications and services through Microsoft-managed data centers.

Read More On The Global Platform as a Service Market Report At:

https://www.thebusinessresearchcompany.com/report/platform-as-a-service-paas-global-market-report

The global platform as a service (PaaS) market is expected to grow to $52.4 billion at a rate of approximately 15.4% through 2022. Many companies are outsourcing application and webhosting to third party managed hosting services companies to reduce the IT infrastructure costs. Procurement of servers, storage devices and other software applications and hire professionals to develop and maintain websites and host applications are much more expensive for businesses than outsourcing these functions to third party managed services companies.

Companies in the industry are increasingly preferring hybrid cloud solutions to increase efficiency, innovation, and reduce costs. Hybrid Cloud refers to a cloud infrastructure environment that is a mixture of private cloud, on-premises computing and public cloud solutions. Platform as a service providing companies in the industry are leveraging this technology to enhance their agility, capability, increase development & deployment speed, and reduce IT costs. Major players in the market are Amazon web service, Salesforce Platform, IBM Cloud Foundry, Microsoft Azure and Google Cloud Function.

Request A Sample Of The Global Platform as a Service Market Report At:

https://www.thebusinessresearchcompany.com/sample.aspx?id=2384&type=smp

Few Points from Table of Contents:

3. Platform as a Service (PaaS) Market Size And Growth

3.1. Global Platform as a Service (PaaS) Historic Market, 2014 – 2018, $ Billion

3.1.1. Drivers Of The Market

3.1.2. Restraints On The Market

3.2. Global Platform as a Service (PaaS) Forecast Market, 2018 – 2022F, 2025F, 2030F, $ Billion

3.2.1. Drivers Of The Market

3.2.2. Restraints On the Market

4. Platform as a Service (PaaS) Market Segmentation

4.1. Global Platform as a Service (PaaS) Market, Segmentation By Type, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

Application Infrastructure and Middleware (AIM)

Database Management Systems (DBMS)

Business intelligence platform (BIP)

Application development on Cloud

4.2. Global Platform as a Service (PaaS) Market, Segmentation By Deployment, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

Public Cloud

Private Cloud

Hybrid Cloud

4.3. Global Platform as a Service (PaaS) Market, Segmentation By End User, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

Order a Copy of Complete Report @ https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2384

About The Business Research Company.

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

Contact Information

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info

Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company

 

 

Media Contact
Company Name: The Business Research Company
Contact Person: Nitin
Email: Send Email
Phone: 08897263534
Address:1st Floor, Anshu Colors Building, Road Number 1 Park View Enclave, Jubilee Hills
City: Hyderabad 500033
State: Telengana
Country: India
Website: https://www.thebusinessresearchcompany.com/report/platform-as-a-service-paas-global-market-report