Platform as a Service (PaaS) Market Research Report - Forecast 2027

Platform as a Service (PaaS) Market, By Deployment (Public, Private, Hybrid), By Type (Application, Integration, Data Management), by End-User (Banking & Financial Sector, Healthcare & Life Sciences) - And Forecast 2020-2027

ID: MRFR/ICT/1368-HCR | February 2021 | Region: Global | 110 pages

Please note that the assessment period of report has been updated from 2016-2022 to 2020-2027. Cordially fill the sample form for updated data.

Market Overview:


Platform as a service market esteemed at USD 12.06 Billion at CAGR of 26% by 2022. Platform as a service (PaaS) is like the cloud computing offering in which a specialist co-op conveys a stage to customers, permitting them to create, run, and oversee business applications without the need to assemble and keep up the framework such programming advancement measures typically require. One of the significant advantages of Platform as a service (PaaS) is its capacity to improve a designer's efficiency. Platform as a Service (PaaS) Business offers direct help for business spryness by empowering quick improvement with quicker and more successive conveyance of usefulness. PaaS frameworks commonly work in security and information insurance highlights, including adaptability abilities like replication and reinforcements. This can improve security and decrease the requirement for in-house security abilities. Therefore, PaaS liberates designers from introducing in-house equipment and programming to create or run another application. 


Worldwide Platform as a Service (PaaS) Market Research Report is fragmented based on type and application. Because of type Platform as a service (PaaS) is grouped into Public Cloud, Private Cloud, and Hybrid Cloud. Because of use Platform as a service (PaaS) is arranged into Banking, Financial Services, and Insurance (BFSI), Consumer merchandise and retail, Education, Government, and public area, Healthcare and life sciences, Manufacturing, Media and amusement, Telecommunication, and Information Technology Enabled Services (ITES) and others. 


The districts canvassed in this worldwide Platform as a service (PaaS) market report are North America, Europe, Asia-Pacific, and the Rest of the World. Based on the country level market of Platform as a service (PaaS) is sub partitioned into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, and so forth. 



 Platform as a Service Market (USD):




COVID-19 Analysis:


Platform as a Service (PaaS) Market Analysis permits purchasers to easily construct programming applications through apparatuses made accessible by the cloud supplier. PASS Market various benefits, for example, low support and improved portability to programming advancement enterprises. Distributed computing has upheld the data innovation market fundamentally during late years. Infrastructure-as-a-administration (IaaS) and Software-as-a-administration (SAAS) are considered the more significant distributed computing divisions. 


The interest for Platform as a Service (PaaS) Business has been on the flood during the COVID-19 pandemic. In any case, this necessity is expected to be impeded by the decrease in I.T. consumption spending plans because of full/halfway lockdowns forced around the world, which have likewise brought about extreme misfortunes to organizations across the globe. The execution of lockdowns in different nations to stifle the spread of the pandemic has set limitations on open social affairs at worldwide occasions, shows, theatres, and performances, thus hampering the development of the PASS Market. Be that as it may, government strategies are required to help the PaaS market over the figure period. Also, the market is showing a critical recuperation rate, which can be ascribed primarily to the appropriation of far-off working arrangements by a few organizations to forestall the spread of COVID-19 in work environments.


Market Dynamics:



  • Drivers


Rising interest for adaptability, versatility, and skill is required to drive the development of the worldwide Platform as a Service (PaaS) Industry during the conjecture time frame.


Creating, running, and sending on-premise applications is intricate, costly, and moderate. These applications require equipment, middleware, information base, web administrations, working framework (O.S.), and another programming. Moreover, a group of data set, frameworks, and organization the board specialists are likewise needed to keep everything working. 



  • Opportunities


Consolidated utilization of IaaS with PaaS can present rewarding development openings in the worldwide stage as a help (PaaS) market.


Google and Microsoft, both among the leading PaaS suppliers, have dropped down the worth chain to make and give IaaS contributions. IaaS is needed to get a more significant level of acknowledgment while making a more extensive cloud impression. At present, Platform as a Service (PaaS) Market Trends appropriation is at a developing stage, and various SMEs are reluctant to wager on it as long as possible. 



  • Restraints


High fracture of the market is required to hamper the worldwide Platform as a service (PaaS) market development over the figure time frame. 


The worldwide Platform as a Service (PaaS) Market Analysis is exceptionally divided, attributable to different merchants that give individual PaaS functionalities like MFT, DBMSs, informing, application workers, information combination, BPM innovation, and B2B incorporation. This degree of discontinuity is profoundly impractical to manage when specialist organizations and clients start to execute business-basic huge scope applications. 



  • Challenges


Distributed computing is now reforming each way that the present organizations manage their data innovation (I.T.) challenges. 


Platform as a Service (PaaS) Industry is additionally a high-level cloud administration industry that furnishes different cross-industry end clients with working frameworks, huge organization limits, equipment and capacity necessities, and execution base for existing applications; and help them meet different application stage-related difficulties. 



  • Cumulative Growth Analysis


The vast majority of the organizations overall are taking a gander at normalizing their activities through distributed computing. Platform as a Service Market has made a resulting Platform as a Service (PaaS) Market Growth Factors lately in the distributed computing field. 


The Platform as a Service (PaaS) Market Growth Factors in distributed computing give a processing stage and an answering stack, allowing shoppers to make programming utilizing devices and libraries from the supplier. This idea of PaaS is amazingly mind-boggling to adjust, as setting up a normalized PaaS stage from scratch is dark for associations.


Technology Analysis 


Expanding reception of cloud-based administrations and IoT innovation among SMEs, developing interest in use improvement stages at Platform as a Service (PaaS) Market Trends administrations with others are the significant driving component for the PaaS market. Expanding appropriation of cloud-based administrations and IoT innovation among SMEs, developing interest in utilization advancement stages are the variables that are relied upon to drive the PaaS market development. Cloud appropriation is a methodology utilized by undertakings to improve the versatility of Internet-based data set capacities while diminishing expense and danger. 


Segment Overview:



  • Based on Deployment


The worldwide Platform as a Service (PaaS) Market Segments are again fragmented based on deployment model into the public cloud, private cloud, and half breed cloud. 



  • Based on Solution Type


The worldwide PaaS market has portioned dependent on Solution types into application improvement, business insight stage (BIP), application framework and middleware (AIM), and data set administration frameworks (DBMS). 



  • Based on End-user


The worldwide PaaS market is grouped based on end-user verticals into BFSI, retail, appropriation and CPG, media and amusement, online business, medical care, and life sciences, research and schooling administrations, I.T. and telecom, government, fabricating, coordination's and transportation, and energy and utility. 



  • Based on Region


Platform as a Service (PaaS) Market Segments into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM). North America with more potential clients drove the market and is required to proceed with its predominance during the figure time frame.


Regional Analysis


North America is an overwhelming Platform as Service Market's market because of the excellent selection pace of cloud-based administrations by different undertakings and organizations in this district. Significant cloud specialist co-op is like Google, Inc. (U.S.), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), is situated in North America in this manner supporting the stage as a help market. 


Asia-Pacific is relied upon to show significant development in Platform as Service Market because of the great development in Cloud administrations and colossal information, telecom, and I.T. areas in this district.


Competitive Landscape


With the presence of a couple of players, the worldwide PaaS market is exceptionally thought. The robust merchant investigation is intended to assist customers with improving their market position. This report gives an itemized examination of a few stages as specialist organizations that incorporate Google LLC, Amazon Web Services Inc., Oracle Corp., and Salesforce.com Inc. Additionally, the stage as an assistance market investigation report remembers data for impending patterns and difficulties that will impact market development.


Key players of the PaaS Market are:



  • Salesforce.com (U.S.)

  • Red Hat, Inc.(U.S.)

  • Google, Inc.(U.S.)

  • Microsoft Corporation (U.S.)

  • Oracle Corporation (U.S.)

  • Fujitsu Ltd. (Japan)

  • Apprenda Inc. (U.S.)

  • Amazon.com, Inc. (U.S.)

  • SAP SE (Germany)

  • Engine Yard, Inc. (U.S.)


Recent Developments


Significant organizations are engaged with associations and joint efforts to acquire a serious edge on the lookout. For example, in November 2019, Salesforce.com, Inc. cooperated with Microsoft Corporation to help clients meet advancing business prerequisites.


Key organizations are centered around the association and joint effort to improve the market presence. For example, in July 2019, AT&T Inc. teamed up with Microsoft Corporation to convey advancement with cloud, 5G, and A.I. 


Report Overview:



  • Market overview highlights the worldwide recognition of the Platform as a Service (PaaS) Industry Market.

  • Analysis based upon COVID 19

  • Explanation upon the Market Dynamics

  • Value chain analysis for the Platform as a Service (PaaS) Market Research Report.

  • Market segmentation overview

  • The regional analysis of the Platform as a Service (PaaS) Market

  • Competitive landscape analysis

  • Recent Developments of Platform as a Service (PaaS) Market.


 



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 12.06 Billion (2022)
  CAGR   26% (2022)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Deployment, By Type
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Salesforce.com (U.S.), Red Hat, Inc.(U.S.), Google, Inc.(U.S.), Microsoft Corporation (U.S.), Oracle Corporation (U.S.), Fujitsu Ltd. (Japan), Apprenda Inc. (U.S.), Amazon.com, Inc. (U.S.), SAP SE (Germany), Engine Yard, Inc. (U.S.)
  Key Market Opportunities

  • Consolidated utilization of IaaS with PaaS can present rewarding development openings in the worldwide stage as a help (PaaS) market.\r\n
  • Google and Microsoft, both among the leading PaaS suppliers, have dropped down the worth chain to make and give IaaS contributions. IaaS is needed to get a more significant level of acknowledgment while making a more extensive cloud impression.
  •   Key Market Drivers   Rising interest for adaptability, versatility, and skill is required to drive the development of the worldwide Platform as a Service (PaaS) Industry during the conjecture time frame.


    Frequently Asked Questions (FAQ) :


    The factors such as rising adoption of cloud-based services and IoT technology among SMEs, along with surging demand of application development platforms and technological improvement in PaaS services, are the factors for PaaS market.

    The global Platform as Services market will be growing at US $12 valuation.

    The Platform as Service Market will be witnessing its growth from 2020 to 2027.

    The factors such as limited flexibility, data security, and customer captivity are restraining the Platform as Service Market from its growth.

    Europe will be registering a healthy growth in the Platform as Service Market’s growth.

    TABLE OF CONTENTS
    1. REPORT PROLOGUE

    2. INTRODUCTION

    2.1 DEFINITION

    2.2 SCOPE OF THE STUDY

    2.2.1 RESEARCH OBJECTIVE

    2.2.2 ASSUMPTIONS

    2.2.3 LIMITATIONS

    2.3 MARKET STRUCTURE

    3. RESEARCH METHODOLOGY

    3.1 RESEARCH PROCESS

    3.2 PRIMARY RESEARCH

    3.3 SECONDARY RESEARCH

    3.4 MARKET SIZE ESTIMATION

    3.5 FORECAST MODEL

    4. MARKET DYNAMICS

    4.1 DRIVERS

    4.2 RESTRAINTS

    4.3 OPPORTUNITIES

    4.4 CHALLENGES

    5. MARKET FACTOR ANALYSIS

    5.1 VALUE CHAIN ANALYSIS/SUPPLY CHAIN ANALYSIS

    5.2 PORTERS FIVE FORCES

    5.2.1. BARGAINING POWER OF SUPPLIERS

    5.2.2. BARGAINING POWER OF CUSTOMER

    5.2.3. INTENSITY OF COMPETITOR’S

    5.2.4. THREAT OF NEW ENTRANTS

    5.2.5 THREAT OF SUBSTITUTES

    6 GLOBAL PLATFORM AS A SERVICE MARKET, ESTIMATION & FORECAST, BY DEPLOYMENT

    6.1 INTRODUCTION

    6.1.1 MARKET STATICS

    6.2 PUBLIC

    6.3 PRIVATE

    6.4 HYBRID

    7 GLOBAL PLATFORM AS A SERVICE MARKET, ESTIMATION & FORECAST, BY TYPE

    7.1 INTRODUCTION

    7.1.1 MARKET STATISTICS

    7.2 APPLICATION

    7.3 INTEGRATION

    7.4 DATA MANAGEMENT

    7.5 OTHERS

    8 GLOBAL PLATFORM AS A SERVICE MARKET, ESTIMATION & FORECAST, BY END-USER

    8.1 INTRODUCTION

    8.1.1 MARKET STATICS

    8.2 SMES

    8.3 OTHERS

    9 GLOBAL PLATFORM AS A SERVICE MARKET, ESTIMATION & FORECAST, BY INDUSTRY

    9.1 INTRODUCTION

    9.1.1 MARKET STATISTICS

    9.2 BANKING & FINANCIAL SECTOR

    9.3 GOVERNMENT & PUBLIC SECTOR

    9.4 HEALTHCARE & LIFE SCIENCES

    9.5 EDUCATION

    9.6 CONSUMER GOODS & RETAIL

    9.7 TELECOMMUNICATIONS & IT

    9.8 OTHERS

    10 GLOBAL PLATFORM AS A SERVICE MARKET ESTIMATION AND FORECAST, BY GEOGRAPHY

    10.1 INTRODUCTION

    10.1.1 MARKET STATISTICS

    10.2 NORTH AMERICA

    10.3 EUROPE

    10.4 APAC

    10.5 ROW

    11. COMPETITIVE LANDSCAPE

    11.1. INTRODUCTION

    11.1.1. MERGERS & ACQUISITIONS

    11.1.2. COLLABORATIONS

    11.1.3. RELEASES/NEW PRODUCT LAUNCHES

    11.1.4. OTHER (EXPANSION/ UPDATES/PARTNERSHIPS)

    12 COMPANY PROFILE

    12.1 SALESFORCE.COM

    12.1.1 COMPANY OVERVIEW

    12.1.2 PRODUCT/BUSINESS SEGMENT OVERVIEW

    12.1.3 FINANCIAL UPDATES

    12.1.4 KEY DEVELOPMENTS

    12.2 APPRENDA INC.

    12.2.1 COMPANY OVERVIEW

    12.2.2 PRODUCT/BUSINESS SEGMENT OVERVIEW

    12.2.3 FINANCIAL UPDATES

    12.2.4 KEY DEVELOPMENTS

    12.3 GOOGLE, INC.

    12.3.1 COMPANY OVERVIEW

    12.3.2 PRODUCT/BUSINESS SEGMENT OVERVIEW

    12.3.3 FINANCIAL UPDATES

    12.3.4 KEY DEVELOPMENTS

    12.4 AMAZON.COM, INC.

    12.4.1 COMPANY OVERVIEW

    12.4.2 PRODUCT/BUSINESS SEGMENT OVERVIEW

    12.4.3 FINANCIAL UPDATES

    12.4.4 KEY DEVELOPMENTS

    12.5 MICROSOFT CORPORATION

    12.5.1 COMPANY OVERVIEW

    12.5.2 PRODUCT/BUSINESS SEGMENT OVERVIEW

    12.5.3 FINANCIAL UPDATES

    12.5.4 KEY DEVELOPMENTS

    12.6 SAP SE

    12.6.1 COMPANY OVERVIEW

    12.6.2 PRODUCT/BUSINESS SEGMENT OVERVIEW

    12.6.3 FINANCIAL UPDATES

    12.6.4 KEY DEVELOPMENTS

    12.7 ORACLE CORPORATION

    12.7.1 COMPANY OVERVIEW

    12.7.2 PRODUCT/BUSINESS SEGMENT OVERVIEW

    12.7.3 FINANCIAL UPDATES

    12.7.4 KEY DEVELOPMENTS

    12.8 ENGINE YARD, INC.

    12.8.1 COMPANY OVERVIEW

    12.8.2 PRODUCT/BUSINESS SEGMENT OVERVIEW

    12.8.3 FINANCIAL UPDATES

    12.8.4 KEY DEVELOPMENTS

    12.9 FUJITSU LTD.

    12.9.1 COMPANY OVERVIEW

    12.9.2 PRODUCT/BUSINESS SEGMENT OVERVIEW

    12.9.3 FINANCIAL UPDATES

    12.9.4 KEY DEVELOPMENTS

    12.10 RED HAT, INC

    12.10.1 COMPANY OVERVIEW

    12.10.2 PRODUCT/BUSINESS SEGMENT OVERVIEW

    12.10.3 FINANCIAL UPDATES

    12.10.4 KEY DEVELOPMENTS

    12.11 OTHERS

    13 MRFR CONCLUSION

    14. APPENDIX


    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

    TABLE 6 NORTH AMERICA PLATFORM AS A SERVICE MARKET BY DEPLOYMENT

    TABLE 7 NORTH AMERICA PLATFORM AS A SERVICE MARKET BY TYPE

    TABLE 8 NORTH AMERICA PLATFORM AS A SERVICE MARKET BY END-USER

    TABLE 9 NORTH AMERICA PLATFORM AS A SERVICE MARKET BY INDUSTRY

    TABLE 10 U.S. PLATFORM AS A SERVICE MARKET BY DEPLOYMENT

    TABLE 11 U.S. PLATFORM AS A SERVICE MARKET BY TYPE

    TABLE 12 U.S. PLATFORM AS A SERVICE MARKET BY END-USER

    TABLE 13 U.S. PLATFORM AS A SERVICE MARKET BY INDUSTRY

    TABLE 14 CANADA PLATFORM AS A SERVICE MARKET BY DEPLOYMENT

    TABLE 15 CANADA PLATFORM AS A SERVICE MARKET BY TYPE

    TABLE 16 CANADA PLATFORM AS A SERVICE MARKET BY END-USER

    TABLE 17 CANADA PLATFORM AS A SERVICE MARKET BY INDUSTRY

    TABLE 18 EUROPE PLATFORM AS A SERVICE MARKET BY COUNTRY

    TABLE 19 EUROPE PLATFORM AS A SERVICE MARKET BY DEPLOYMENT

    TABLE 20 EUROPE PLATFORM AS A SERVICE MARKET BY TYPE

    TABLE 2 1 EUROPE PLATFORM AS A SERVICE MARKET BY END-USER

    TABLE 22 EUROPE PLATFORM AS A SERVICE MARKET BY INDUSTRY

    TABLE 23 GERMANY PLATFORM AS A SERVICE MARKET BY DEPLOYMENT

    TABLE 24 GERMANY PLATFORM AS A SERVICE MARKET BY TYPE

    TABLE 25 GERMANY PLATFORM AS A SERVICE MARKET BY END-USER

    TABLE 26 GERMANY PLATFORM AS A SERVICE MARKET BY INDUSTRY

    TABLE 27 FRANCE PLATFORM AS A SERVICE MARKET BY DEPLOYMENT

    TABLE 28 FRANCE PLATFORM AS A SERVICE MARKET BY TYPE

    TABLE 2 9 FRANCE PLATFORM AS A SERVICE MARKET BY END-USER

    TABLE 30 FRANCE PLATFORM AS A SERVICE MARKET BY INDUSTRY

    TABLE 31 U.K. PLATFORM AS A SERVICE MARKET BY DEPLOYMENT

    TABLE 32 U.K. PLATFORM AS A SERVICE MARKET BY TYPE

    TABLE 33 U.K. PLATFORM AS A SERVICE MARKET BY END-USER

    TABLE 34 U.K. PLATFORM AS A SERVICE MARKET BY NUMBER OF PORTS

    TABLE 35 REST OF EUROPE PLATFORM AS A SERVICE MARKET BY DEPLOYMENT

    TABLE 36 REST OF EUROPE PLATFORM AS A SERVICE MARKET BY TYPE

    TABLE 37 REST OF EUROPE PLATFORM AS A SERVICE MARKET BY END-USER

    TABLE 38 REST OF EUROPE PLATFORM AS A SERVICE MARKET BY INDUSTRY

    TABLE 39 ASIA-PACIFIC PLATFORM AS A SERVICE MARKET BY DEPLOYMENT

    TABLE 40 ASIA-PACIFIC PLATFORM AS A SERVICE MARKET BY TYPE

    TABLE 41 ASIA-PACIFIC PLATFORM AS A SERVICE MARKET BY END-USER

    TABLE 42 ASIA-PACIFIC PLATFORM AS A SERVICE MARKET BY INDUSTRY

    TABLE 43 ASIA-PACIFIC PLATFORM AS A SERVICE MARKET BY COUNTRY

    TABLE 44 MIDDLE EAST & AFRICA PLATFORM AS A SERVICE MARKET BY DEPLOYMENT

    TABLE 45 MIDDLE EAST & AFRICA PLATFORM AS A SERVICE MARKET BY TYPE

    TABLE 46 MIDDLE EAST & AFRICA PLATFORM AS A SERVICE MARKET BY END-USER

    TABLE 48 MIDDLE EAST & AFRICA PLATFORM AS A SERVICE MARKET BY INDUSTRY



    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 (%)

    FIGURE 6 GLOBAL PLATFORM AS A SERVICE MARKET: BY REGION

    FIGURE 7 NORTH AMERICA PLATFORM AS A SERVICE MARKET BY DEPLOYMENT (%)

    FIGURE 8 NORTH AMERICA PLATFORM AS A SERVICE MARKET BY TYPE (%)

    FIGURE 9 NORTH AMERICA PLATFORM AS A SERVICE MARKET: BY END-USER (%)

    FIGURE 11 NORTH AMERICA PLATFORM AS A SERVICE MARKET BY INDUSTRY (%)

    FIGURE 12 NORTH AMERICA PLATFORM AS A SERVICE MARKET BY COUNTRIES (%)

    FIGURE 13 EUROPE PLATFORM AS A SERVICE MARKET BY DEPLOYMENT (%)

    FIGURE 14 EUROPE PLATFORM AS A SERVICE MARKET BY TYPE (%)

    FIGURE 15 EUROPE PLATFORM AS A SERVICE MARKET: BY END-USER (%)

    FIGURE 16 EUROPE PLATFORM AS A SERVICE MARKET BY INDUSTRY (%)

    FIGURE 17 EUROPE PLATFORM AS A SERVICE MARKET BY COUNTRIES (%)

    FIGURE 18 ASIA-PACIFIC PLATFORM AS A SERVICE MARKET BY DEPLOYMENT (%)

    FIGURE 19 ASIA-PACIFIC PLATFORM AS A SERVICE MARKET BY TYPE (%)

    FIGURE 20 ASIA-PACIFIC PLATFORM AS A SERVICE MARKET: BY END-USER (%)

    FIGURE 21 ASIA-PACIFIC PLATFORM AS A SERVICE MARKET BY INDUSTRY (%)

    FIGURE 22 ASIA-PACIFIC PLATFORM AS A SERVICE MARKET BY COUNTRIES (%)

    FIGURE 23 ROW PLATFORM AS A SERVICE MARKET BY DEPLOYMENT (%)

    FIGURE 24 ROW PLATFORM AS A SERVICE MARKET BY TYPE (%)

    FIGURE 25 ROW PLATFORM AS A SERVICE MARKET: BY END-USER (%)

    FIGURE 26 ROW PLATFORM AS A SERVICE MARKET BY INDUSTRY (%)