Platform as a Service( PaaS) Market to 2025 As companies worldwide are aiming at standardization of their operations through cloud computing, PaaS market is expected to make a subsequent growth, by accomplishing their needs. PaaS provides a platform to enable the developers to create software using libraries tools provided by the provider. In addition, the introduction of enterprise PaaS that overcomes all the complexity of basic PaaS, is expected to bolster the global PaaS market by capturing significant cloud market share. Large investments flowing from the major IT players in the market coupled with rising demand of cloud-based solutions are factors expected to propel the PaaS market globally.
The global PaaS market has been segmented on the basis of deployment model into public cloud, private cloud, and hybrid cloud. In addition, the global PaaS market has segmented based on solution types into application development, business intelligence platform( BIP), application infrastructure and middleware( AIM), and database management systems( DBMS). Furthermore, the global PaaS market is classified on the basis of end-user verticals into BFSI, retail, distribution & CPG, media & entertainment, online business, healthcare & life sciences, research & education services, IT & telecommunication, government, manufacturing, logistics & transportation, and energy & utility.
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