The platform as a service market is expected to grow from USD 55.9 billion in 2020 to USD 256.85 billion by 2028, at a CAGR of 21% during the forecast period 2021-2028.
Platform as a service also referred as (PaaS) is a cloud computing model where a third-party supplier conveys software and hardware tools to users over the internet. Platform as a service (PaaS) hosts the software and hardware on its infrastructure. Platform as a service exempts developers from installing in-house software and hardware to improve or run a new application. Platform as a service tends to not wholly replace an organization’s entire IT infrastructure for software development. Platform as a service is provided via a cloud service provider’s hosted infrastructure. PaaS is usually accessed through a web browser. Platform as service permits to avoid the complexity and expense of managing software licenses.
Factor such as the shift of the workload to the cloud environment and the rise in demand for advanced integration service propels the Platform as a service market. The surge in big data analytics and cloud computing has caused a need for a platform as a service in many regions. The decrease in the price of servers has resulted in the speedy adoption of the cloud computing business. The spike in interest for versatility, skills, and adaptability has gained traction for Platform as a service. Platform as a service is highly used BSFI, manufacturing, consumer goods, and retail industry. The surge in demand for IT solutions such as scalability, pay-per-use, agility, reduction in time & cost has propelled the market. These are the factors driving the global Platform as a service market. In platform as a service, the cloud-wash tends to decouple application code from run-time infrastructure information, facilitate distributed interaction, and increase application density which restrains the global market growth of Platform as a service.
This study delivers a comprehensive analysis of type, product, and region. The type segment includes IPaaS, APaaS, and DBPaaS. The APaas is leading the type segment. The APaaS stands for Application Platform as a Service. The growth is attributed to the rise in capital investment made in mobile, web, and enterprise application development. APaaS improves resource sharing across various projects by facilitating high employee productivity in organizations. The organization size segment involves SMEs and large enterprises. The large enterprise is leading the organization size segment. The growth is attributed to the high demand & utilization of Platform as a Service by the IT sector due to its complexity. Large enterprises have many revenue streams and a vast corporate network. These large enterprises invest in Platform as a Service as it allows them to effectively running the business. The application segment involves BSFI, manufacturing, consumer goods, and retail. The manufacturing sector is leading the application segment. The growth is attributed to demand and necessity for fast delivery and heightened production. The Platform as a Service helps the manufacturing sector to meet the increased needs. Manufacturing companies need to adapt to global changes in computing and connectivity.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America is leading the regional segment. The growth is attributed to increased demand for Platform as a Service (PaaS) from BSFI, telecommunication, and IT sector based in North America. The enterprises of North America are highly investing in cloud services. The PaaS is widely accepted by both public and private sectors in North America.
Some of the notable players in the market are Microsoft, AWS, Alibaba Cloud, Salesforce, IBM, Google, SAP, Oracle, Mendix, Engine Yard, Zofo Corporation, VMware, Apprenda, and Plesk.
Platform as a Service Market Analysis and Forecast, Type
Platform as a Service Market Analysis and Forecast, Organization Size
Platform as a Service Market Analysis and Forecast, Application
Platform as a Service Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Application
4.3.2. Market Attractiveness Analysis By Organization Size
4.3.3. Market Attractiveness Analysis By Type
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Rise in demand for IT solutions
5.2.2. Shift of the workload to the cloud environment
5.3. Restrains
5.3.1. Lack of awareness
5.3.2. Lack of in-house resources
5.4. Opportunities
5.4.1. Demand from Asia-Pacific region developing countries
6. Global Platform as a Service (PaaS) Market Analysis and Forecast, By Application
6.1. Segment Overview
6.2. BFSI
6.3. Manufacturing
6.4. Consumer Goods and Retail
7. Global Platform as a Service (PaaS) Market Analysis and Forecast, By Organization Size
7.1. Segment Overview
7.2. SMEs
7.3. Large Enterprise
8. Global Platform as a Service (PaaS) Market Analysis and Forecast, By Type
8.1. Segment Overview
8.2. IPaaS
8.3. APaaS
8.4. DBPaaS
9. Global Platform as a Service (PaaS) Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Platform as a Service (PaaS) Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Platform as a Service (PaaS) Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Application Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. SAP AG
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Microsoft Corporation
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. IBM Corporation
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Google
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Oracle Corporation
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Alibaba Cloud
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Mendix
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Engine Yard
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Salesforce
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. VMware
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Apprenda
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Plesk
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. Zofo Corporation
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
List of Table
1. Global Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
2. Global Large Enterprise, Platform as a Service (PaaS) Market, By Region, 2018-2028 (USD Billion)
3. Global SMEs, Platform as a Service (PaaS) Market, By Region, 2018-2028 (USD Billion)
4. Global Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
5. Global BSFI, Platform as a Service (PaaS) Market, By Region, 2018-2028 (USD Billion)
6. Global Manufacturing, Platform as a Service (PaaS) Market, By Region, 2018-2028 (USD Billion)
7. Global Consumer Goods and Retail, Platform as a Service (PaaS) Market, By Region, 2018-2028 (USD Billion)
8. Global Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
9. Global IPaaS, Platform as a Service (PaaS) Market, By Region, 2018-2028 (USD Billion)
10. Global APaaS, Platform as a Service (PaaS) Market, By Region, 2018-2028 (USD Billion)
11. Global DBPaaS, Platform as a Service (PaaS) Market, By Region, 2018-2028 (USD Billion)
12. North America Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
13. North America Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
14. North America Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
15. U.S. Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
16. U.S. Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
17. U.S. Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
18. Canada Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
19. Canada Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
20. Canada Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
21. Mexico Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
22. Mexico Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
23. Mexico Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
24. Europe Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
25. Europe Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
26. Europe Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
27. Germany Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
28. Germany Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
29. Germany Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
30. France Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
31. France Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
32. France Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
33. U.K. Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
34. U.K. Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
35. U.K. Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
36. Italy Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
37. Italy Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
38. Italy Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
39. Spain Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
40. Spain Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
41. Spain Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
42. Asia Pacific Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
43. Asia Pacific Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
44. Asia Pacific Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
45. Japan Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
46. Japan Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
47. Japan Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
48. China Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
49. China Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
50. China Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
51. India Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
52. India Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
53. India Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
54. South America Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
55. South America Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
56. South America Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
57. Brazil Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
58. Brazil Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
59. Brazil Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
60. Middle East and Africa Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
61. Middle East and Africa Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
62. Middle East Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
63. UAE Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
64. UAE Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
65. UAE Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
66. South Africa Platform as a Service (PaaS) Market, By Type, 2018-2028 (USD Billion)
67. South Africa Platform as a Service (PaaS) Market, By Application, 2018-2028 (USD Billion)
68. South Africa Platform as a Service (PaaS) Market, By Organization Size, 2018-2028 (USD Billion)
List of Figures
1. Global Platform as a Service (PaaS) Market Segmentation
2. Global Platform as a Service (PaaS) Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Platform as a Service (PaaS) Market Attractiveness Analysis By Type
9. Global Platform as a Service (PaaS) Market Attractiveness Analysis By Application
10. Global Platform as a Service (PaaS) Market Attractiveness Analysis By Organization Size
11. Global Platform as a Service (PaaS) Market Attractiveness Analysis By Region
12. Global Platform as a Service (PaaS) Market: Dynamics
13. Global Platform as a Service (PaaS) Market Share by Type (2021 & 2028)
14. Global Platform as a Service (PaaS) Market Share by Application (2021 & 2028)
15. Global Platform as a Service (PaaS) Market Share by Organization Size (2021 & 2028)
16. Global Platform as a Service (PaaS) Market Share by Regions (2021 & 2028)
17. Global Platform as a Service (PaaS) Market Share by Company (2020)
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