The cloud computing services sector that offers a platform that lets users create, launch, and manage applications without having to worry about the complexities of developing and maintaining the underlying infrastructure is known as the Public Cloud Platform as a Service (PaaS) Market. Development tools, runtime environments, databases, and middleware are among the services that PaaS provides via the internet. Scalability, flexibility, and accessibility are three of PaaS's primary features, which free developers from having to worry about infrastructure maintenance so they can concentrate on code and creativity. The Public Cloud PaaS Market provides affordable and flexible options for application development and deployment to a broad spectrum of businesses and industries, including software developers, startups, and large corporations. Initiatives for digital transformation, the requirement for scalable solutions, and a quicker time to market are some of the factors propelling the industry's growth.
Top Key Players Covered In Public Cloud Platform as a Service (PaaS)
Engine Yard, Google Inc, IBM, Microsoft Corporation, DXC Technology, Pega, Amazon Web Services Inc. and other major players.
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Segmentation Analysis of the Public Cloud Platform as a Service (PaaS)
By Type
- Cloud Application Platform
- Cloud Integration Services
- Cloud Data Services
- Others
By Organization Size
- Large Enterprises
- SME’s
By End-Users
- BFSI
- IT & Telecommunication
- Retail
- Education
- Healthcare
- Others
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Regional Analysis In The Public Cloud Platform as a Service (PaaS) Market
Because of the quick uptake of cloud computing platforms, North America is expected to hold the largest market share in the Public Cloud Platform as a Service (PaaS) industry. Western and Eastern Europe came next, then North America. It is anticipated that the cloud platform industry in Asia Pacific will expand significantly. The primary drivers of market expansion are the developing technologies and rapid economic expansion of nations like Singapore, Hong Kong, Japan, Australia, China, India, and Hong Kong. Furthermore, a growing number of businesses are requesting cloud-based services. This region's market is rising because of the quickly expanding IT infrastructure in this area. In addition, the financial and healthcare industries.
By Region
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Objectives of the Study:
- To offer a comprehensive analysis on the global Public Cloud Platform as a Service (PaaS) market by product type, by application and by region.
- To cater intricate information on factors influencing market growth (drivers, restraints, opportunities, and industry-specific restraints)
- To forecast and evaluate micro-markets and the overall market
- To predict the market size, in key regions (along with countries) North America, Europe, Asia Pacific, Latin America and Middle East and Africa
- To evaluate and analyze competitive landscape mapping- technological advancements, product launches, mergers and expansions
Key Industry Development In The Public Cloud Platform as a Service (PaaS) Market
In June 2022, Oracle established Oracle cloud infrastructure for the Indian market to provide public cloud services to customers on their premises. This innovation helps customers to meet latency, data sovereignty, and data residency.
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