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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