Outlook on the Platform as a Service Global Market to 2027 - Industry Analysis Report and Forecasts
DUBLIN, June 8, 2021 /PRNewswire/ -- The "Global Platform as a Service Market By Type, By Deployment, By Organization Size, By Industry Vertical, By Regional Outlook, Industry Analysis Report and Forecast, 2021 - 2027" report has been added to ResearchAndMarkets.com's offering.
The Global Platform as a Service (PaaS) Market size is expected to reach $167.3 billion by 2027, rising at a market growth of 16.4% CAGR during the forecast period. Platform as a service (PaaS) refers to the cloud computing offering in which a particular co-op transports a stage to customers, allowing them to develop, run, and monitor business applications without the requirement to assemble and manage the framework such programming development measures generally need.
Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. North America is expected to be the dominating region for important verticals like BFSI, IT, and telecommunications. The regional market is expected to be boosted by the growing budget allocation for cloud services among enterprises. The PaaS market size in North America is expected to grow gradually throughout the forecast period, as companies are embracing new application development technologies at different levels as a part of their strategy to survive in the high competition.
The major strategies followed by the market participants are Partnerships. Based on the Analysis presented in the Cardinal matrix; Microsoft Corporation, Google, Inc., and Amazon.com, Inc. are the forerunners in the Platform as a Service (PaaS) Market. Companies such as IBM Corporation, Salesforce.com, Inc., Siemens AG, and Oracle Corporation are some of the key innovators in the market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon.com, Inc., Microsoft Corporation, IBM Corporation, Salesforce.com, Inc., Google, Inc., Oracle Corporation, SAP SE, Siemens AG, Dell Technologies, Inc. (VMware, Inc.), and Zoho Corporation Pvt. Ltd.
Unique Offerings from the Publisher
Key Topics Covered:
Research and Markets
SOURCE Research and Markets
Keynote Presentation by Zoom
$15,000 GRAND PRIZE GIVEAWAY DRAWING - Must Be Present to Win
Keynote Presentation - Security Through a CISOâ€™s Lens