Platform as a Service Market

Platform as a service (PaaS) is similar to the cloud computing offering wherein a specialist co-op provides a stage to customers, allowing them to create, run and oversee business applications without the requirement to assemble and keep up the framework such programming advancement measures typically needed. One of the key benefits of Platform as a service (PaaS) is its ability to improve a designer's efficiency. Platform as a Service (PaaS) Business provides direct help for business spryness by empowering rapid improvement with faster and more successive conveyance of usefulness. Developing, running and deployment of on premise applications is complicate, expensive and slow. All these applications need hardware, database, middleware, web services, operating system (OS) and other software. Moreover, a team of database, system and network management experts are also needed to keep everything functioning. PaaS offers the entire infrastructure over the Internet, needed to develop, test, run and deploy applications. The users can access custom applications built in the cloud, while independent software vendors (ISVs) and IT departments can now emphasize on innovation instead of on dealing with complex infrastructure. Therefore, by leveraging PaaS, the organizations can now re-direct a significant share of their budgets in creating applications and emphasizing on application expertise which offers high business value, rather managing complex software and hardware infrastructures. Hence, these factors are expected to propel growth of the global platform as a service (PaaS) market over the forecast period. In addition, the platform as a service offers subscribers pay-per-use features where the user is needed to pay a subscription fee, based upon the business needs. This is highly beneficial as the subscribers can use the platforms to develop, run, test, and employ the applications including scale the number of users of the application as per the requirement. Thus, platform as a service simplifies application development management, deployment and scaling, therefore facilitating higher developer productivity and innovation. Thereby, these factors are anticipated to accelerate the global platform as a service (PaaS) market growth over the forecast period. Apart from this, the higher initial installation, limited customization and complicate network management strategies will limit the market growth.

Furthermore, the mobile ecosystem is rising at a high pace, and app development evolving as a vital component boosting its growth. Owing to the growth of digital enterprises, the development of enterprise mobile apps is also becoming a top priority for organizations which creates a lucrative opportunity for the market.

The global Platform as a Service (PaaS) Market is segregated on the basis of Type as Application PaaS (aPaaS), Integration PaaS (iPaaS), Database PaaS (dbPaaS) and Others. Based on Deployment Mode the global Platform as a Service (PaaS) Market is segmented in Public and Private. Based on Organization Size the global Platform as a Service (PaaS) Market is segmented in Large Enterprises and SMEs. Based on Industry Verticals the global Platform as a Service (PaaS) Market is BFSI, Consumer goods and retail, Telecommunication, IT and ITeS, Manufacturing, Healthcare and life sciences, Energy and utility and Others.

The global Platform as a Service (PaaS) Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The Platform as a Service (PaaS) Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Analysis

Amazon Web Services, Inc., AT&T, Inc., Cisco Systems, Inc., Computer Science Corporation, Cornerstone OnDemand, Inc. and others are among the major players in the global Platform as a Service (PaaS) Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

• In January 2021, Microsoft launched a new Wisely blockchain-powered cPaaS offerings for enterprises, OTT players, mobile carriers, marketers and industry regulators to enhance their quality of service.
• In Septmber 2020, Oracle extended its security portfolio with new cloud services designed to automatically assist protect cloud workloads and data from risks posed by cyber threats. The three new cloud services, such as Oracle data safe, Oracle cloud guard and Oracle maximum security zones, offer centralized security configuration including automated enforcement of security practices.
• In January 2019, AWS acquired CloudEndure, an Israeli-based company, which provides Disaster Recovery (DR) services. This acquisition would assist AWS deliver improved and innovative migration, backup and DR solutions to customers.

The global Platform as a Service (PaaS) Market has been segmented as below:

Platform as a Service (PaaS) Market, By Type

• Application PaaS (aPaaS)
• Integration PaaS (iPaaS)
• Database PaaS (dbPaaS)
• Others

Platform as a Service (PaaS) Market, By Deployment Mode

• Public
• Private

Platform as a Service (PaaS) Market, By Organization Size

• Large Enterprises
• SMEs

Platform as a Service (PaaS) Market, By Industry Verticals

• BFSI
• Consumer goods and retail
• Telecommunication
• IT and ITeS
• Manufacturing
• Healthcare and life sciences
• Energy and utility
• Others
• Platform as a Service (PaaS) Market, By Region
• Europe
• North America
• Asia Pacific
• Rest of The World

Platform as a Service (PaaS) Market, By Company

• Amazon Web Services, Inc.
• AT&T, Inc.
• Cisco Systems, Inc.
• Computer Science Corporation
• Cornerstone OnDemand, Inc.
• EMC Corporation
• Fujitsu Ltd.
• Gartner, Inc.
• Google LLC
• HCL Technologies Ltd.
• IBM Corporation
• Informatica LLC
• Intel Corporation
• KDDI Corporation
• LM Ericsson Telefon AB
• Microsoft Corporation

The report covers the below scope:

• Global Platform as a Service (PaaS) Market sizes from 2020 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
• Global Platform as a Service (PaaS) Market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Platform as a Service (PaaS) Market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2019
• Projected year - 2020
• Forecast period - 2021 to 2026

Report Scope:

The global Platform as a Service (PaaS) Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Platform as a Service (PaaS) Market share. Major industry players with significant revenue share include Amazon Web Services, Inc., AT&T, Inc., Cisco Systems, Inc., Computer Science Corporation, Cornerstone OnDemand, Inc. and others.

Why to Buy this Report:

• Gain detailed insights on the Platform as a Service (PaaS) industry trends
• Find complete analysis on the market status
• Identify the Platform as a Service (PaaS) Market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

• The report targeted towards the existing players in the industry is as follows:
• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

Free and Paid Customization based on the requirement

1.      Introduction

1.1.       Key Points

1.2.      Report Description

1.3.      Markets Covered

1.4.      Stakeholders

2.     Research Methodology

2.1.      Research Scope

2.2.     Research Methodology

2.2.1.     Market Research Process

2.2.2.    Research Methodology

2.2.2.1.           Secondary Research

2.2.2.2.          Primary Research

2.2.2.3.          Models for Estimation

2.3.     Market Size Estimation

2.3.1.     Bottom-Up Approach

2.3.2.    Top-Down Approach

3.     Executive Summary

4.    Market Overview

4.1.      Introduction

4.2.     Drivers

4.3.     Restraints

4.4.     Opportunities

4.5.     Challenges

5.     Platform as a Service (PaaS) Market, By Type

5.1.      Key Points

5.2.  Application PaaS (aPaaS)

5.3.  Integration PaaS (iPaaS)

5.4.  Database PaaS (dbPaaS)

5.5.  Others

6.    Platform as a Service (PaaS) Market, By Deployment Mode

6.1.      Key Points

6.2. Public

6.3. Private

7.     Platform as a Service (PaaS) Market, By Organization Size

7.1.      Key Points

7.2.  Large Enterprises

7.3.  SMEs

8.    Platform as a Service (PaaS) Market, By Industry Verticals

8.1.      Key Points

8.2. BFSI

8.3. Consumer goods and retail

8.4. Telecommunication

8.5. IT and ITeS

8.6. Manufacturing

8.7.  Healthcare and life sciences

8.8. Energy and utility

8.9. Others

9.    Competitive Landscape

9.1.      Introduction

9.2.     Start-up companies- Platform as a Service (PaaS) Market

9.3.     Recent Developments

9.3.1.     Mergers & Acquisitions

9.3.2.    New Product Developments

9.3.3.    Portfolio/Production Capacity Expansions

9.3.4.    Joint Ventures, Collaborations, Partnerships & Agreements

9.3.5.     Others

10.            Company Profile

10.1.     Amazon Web Services, Inc.

10.2.    AT&T, Inc.

10.3.    Cisco Systems, Inc.

10.4.    Computer Science Corporation

10.5.    Cornerstone OnDemand, Inc.

10.6.    EMC Corporation

10.7.     Fujitsu Ltd.

10.8.    Gartner, Inc.

10.9.    Google LLC

10.10.HCL Technologies Ltd.

10.11.  IBM Corporation

10.12. Informatica LLC

10.13. Intel Corporation

10.14. KDDI Corporation

10.15. LM Ericsson Telefon AB

10.16. Microsoft Corporation