Platform as a Service (PaaS) Market, By Type (Application PaaS, Integration PaaS, Database PaaS, and Others), By Deployment (Public Cloud, and Private Cloud), By End User (BFSI, IT and Telecommunication, Manufacturing, Healthcare and life sciences, Energy and utility, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jul 2024

Code : CMI4181

Pages :135

Formats :

Excel and PDF

Industry : Information and Communication Technology

Market Concentration and Competitive Landscape

Platform as a Service (PaaS) Market Concentration By Players

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Need for developing complex applications faster

Businesses today need to innovate and bring new applications, features, and services to market at an incredibly rapid pace to stay ahead of competition. At the same time, they are facing constraints around technical talent availability and resource crunch that slow down development cycles. PaaS solutions have emerged as an effective way to streamline and accelerate application development by abstracting away lower-level infrastructure complexities. Developers can leverage pre-built development and deployment tools, continuously integrated environments, databases, analytics services and more on cloud platforms to code, test and deploy apps much more efficiently. This has enabled even non-technical teams to develop sophisticated cloud-native, mobile, and IoT applications. By providing fully managed backend services, PaaS offers an agile and scalable way for organizations to prototype, build and enhance both new and legacy applications much faster to meet dynamic market needs.

Key Players Insights