“Public Cloud Platform as a Service (PaaS) Market by Service (Cloud Application Platforms, Cloud Integration Services, Cloud Data Services, Cloud Application Development & Life-Cycle Services, and Other Cloud Platform Services): Global Industry Perspective, Comprehensive Analysis and Forecast, 2022 – 2028,” according to a new report published by Zion Market Research. According to the report, the global demand for public cloud platform as a service (PaaS) was valued at USD 2.11 billion in 2015 and is expected to generate revenue of USD 9.12 billion by the end of 2021, growing at a compound annual growth rate (CAGR) of slightly more than 30% between 2016 and 2021, according to the report.
Market Growth Factor
This report focuses on the global Public Cloud Platform as a Service (PaaS) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Public Cloud Platform as a Service (PaaS) development in United States, Europe and China.
Public Cloud Platform as a Service (PaaS) is a category of cloud computing services that provides a platform allowing customers to develop, run, and manage applications without the complexity of building and maintaining the infrastructure typically associated with developing and launching an app.
The key players covered in this study
Some of the well-established players in this market include Engine Yard, Google Inc, IBM, Oracle, Saleseforce, Microsoft Corporation and Amazon Web Services, Inc. 2015 year, marked the entry of key tech giants into the PaaS market. AWS sustained to innovate at a rapid pace bringing in additional services and features to its platform. Several other players like Mendix have an established aPaaS business. However, these small players face increasing challenges as the large infrastructure software vendors such as IBM, Microsoft, Software AG and Tibco increasing their aPaaS efforts.
Market segment by Type, the product can be split into
Cloud Application Platforms,Cloud Integration Services,Cloud Data Services
Cloud Application Development and Life-Cycle Services
Market segment by Application, split into
Banking & Financial Sector (BFSI)
Consumer Goods & Retail
Logistics & Transportation
Public Sector & Government
Telecommunications & IT
Travel & Hospitality
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Public Cloud Platform as a Service (PaaS) status, future forecast, growth opportunity, key market and key players.
Present the Public Cloud Platform as a Service (PaaS) development in United States, Europe and China.
Strategically profile the key players and comprehensively analyze their development plan and strategies.
Define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Public Cloud Platform as a Service (PaaS) are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2021 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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