Press release
Global PaaS Market Poised to Reach US$7.9 bn by 2020, High Fragmentation at Regional Level Dampens Growth
Transparency Market Research announces the publication of a new market research report made available on the company’s website. The research report, titled “Platform as a Service (PaaS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,” provides a detailed analysis of the market and talks about the major growth prospects of and opportunities in the market. The study also throws light on the product segmentation and geographical segmentation of the global PaaS market and further offers a detailed vendor analysis. As per the research study, in 2013, the global PaaS market was worth US$1.6 bn and is projected to reach US$7.9 bn by the end of 2020, exhibiting an impressive 25.7% CAGR between 2014 and 2020.Get More Information : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=963
PaaS is considered as an important segment of cloud computing services. In PaaS, the consumers are offered a computing platform and a set of solutions in order to develop applications. When PaaS is paired with Software-as-a-Service (SaaS) and Infrastructure-as-a-Service (IaaS), it is referred to as a cloud computing service model. The introduction of Business Process-as-a-Service (BPaaS) and open PaaS, and dominating the IaaS market through application of PaaS are the potential opportunities for the market players operating in the global PaaS market. However, the lack of awareness, resulting in a low adoption rate in SMEs, and high fragmentation of the market at a regional level are expected to hamper the growth of the market in the near future.
By type, the global PaaS market has been segmented into application development, business intelligence platform, application infrastructure and middleware, and database management systems. Among these, the application infrastructure and middleware segment accounts for the largest share in the overall market and contributed substantially towards the growth of the global PaaS market. This segment is deployed on-premise as well as off-premise as a supporting technology for diverse business applications.
By implementation type, the global PaaS market has been classified into public cloud, private cloud, and hybrid cloud. In 2013, the public cloud segment dominated the market, accounting for a 60% share in the global PaaS market, and is projected to remain in the leading position in the next few years. The rapid growth of this segment can be attributed to its numerous features such as agility, pay-per-use, scalability, and high efficiency. Nevertheless, the rising acceptance of private PaaS by enterprises is estimated to result in potential opportunities for the private cloud model segment in the near future.
By geography, the global PaaS market has been categorized into Asia Pacific, North America, Europe, and Rest of the World. In 2013, North America led the market, holding more than 50% of the total revenue, owing to the increased adoption of cloud-based services such as IaaS, SaaS, and PaaS by large enterprises and SMEs. On the other hand, Asia Pacific and countries in the Rest of the World are projected to grow at a fast pace in the next few years, thanks to the technological advancements and rapid infrastructure development in emerging economies. In addition, the developing telecom and IT sectors are further expected to fuel the growth of these regional PaaS markets throughout the forecast period.
The prominent players operating in the global PaaS market have been studied in the report, including the company overview, financial status, product portfolio, business policies, recent developments, and SWOT analysis. Some of the leading players profiled in the research study are EMC Corporation, Salesforce.com, Inc., SAP SE, ActiveState Software Inc., IBM Corp., Oracle Corporation, Red Hat, Inc., VMware Inc., Google Inc., Amazon.com, Inc., AT&T Inc., Software AG, and Microsoft Corp.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global PaaS Market Poised to Reach US$7.9 bn by 2020, High Fragmentation at Regional Level Dampens Growth here
News-ID: 428523 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for PaaS
Global IoT Platform As A Service (PaaS) Market Size by Application, Type, and Ge …
According to Market Research Intellect, the global IoT Platform As A Service (PaaS) market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The IoT Platform as a Service (PaaS) market is witnessing rapid growth fueled by…
Edge Computing PaaS Market Size Analysis by Application, Type, and Region: Forec …
USA, New Jersey- According to Market Research Intellect, the global Edge Computing PaaS market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The edge computing Platform-as-a-Service (PaaS) market is anticipated to grow at a compound annual growth rate (CAGR) of 18.7% from 2025 to 2032. This…
Global Iaas Paas Market Size by Application, Type, and Geography: Forecast to Ia …
USA, New Jersey- According to Market Research Intellect, the global Iaas Paas market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) market is witnessing rapid growth, driven by increasing cloud adoption across industries. Businesses…
Video Communication Platform as a Service (PaaS) Market
Currently, the global market for video communication platforms as a service is worth US$4.3 billion. By the end of the decade, according to this market study by Persistence Market Research, the valuation will have tripled. The environment is anticipated to undergo significant change and to grow at an astounding CAGR of 48%. A little over 35% of the global market share is accounted for by the North American continent.
New Trends…
PAAS Market Growth And Opportunities 2022-2028
Platform as a service (PaaS) is a complete cloud development and deployment environment with resources to deliver everything from simple cloud-based apps to sophisticated, cloud-enabled enterprise applications.
Platform as a service (PaaS) Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of…
cloudControl Launches First Partnership for White Label PaaS
exoscale, a Swiss Infrastructure-as-a-Service (IaaS) provider, has launched the first service offering run with cloudControl White Label PaaS. cloudControl, a Platform-as-a-Service (PaaS) provider from Berlin, touts the worldwide only Public PaaS that that is available as a White Label solution to service providers. Exoscale is now able to expand their own IaaS offering with cloudControl PaaS and offer it under their own brand, which significantly reduces their time-to-market. End customers…
