PaaS (Platform as a Service)
is a service that provides a cloud computing platform and solution stack
services. PaaS, the service model of cloud, is used by consumers for developing
software by using tools or libraries from the provider. Consumers can also
control the configuration settings and software deployment. Platform as a
service model helps in the employment of applications, eliminating the cost and
complexity of buying and managing the necessary hardware and software.
PaaS is the major
component of the new cloud computing service where developers are allowed to
enhance cloud based services with the help of templates from platform vendors
to build software applications. The global market for PaaS is expected to grow
at a CAGR of 69% from 2011 to 2015 owing to the need for easier ways to create
new applications and to customize the existing ones.
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Another major factor
contributing to the growth of the PaaS market is the need for a faster response
to changing business requirements. The PaaS market is driven by the need for
providing security solutions for protecting private data in the cloud.
The application
segments of PaaS include services such as application platform-as-a-service
(aPaaS), database platform services (DPaaS), business process management as a
service (BPMaaS), integration platform-as-a-service (iPaaS), and other
functional types of cloud services. Users may subscribe to the vendor’s cloud
platform or buy a cloud infrastructure to develop their own PaaS.
Some of the major
players in this segment are Salesforce.com, IBM Corp., Amazon.com, and
Microsoft Corp among others.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides
comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming
years
This report is a
complete study of current trends in the market, industry growth drivers, and
restraints. It provides market projections for the coming years. It includes
analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
Reasons for Buying this
Report
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perspective on different factors driving or restraining market
growth
- It provides a technological growth
map over time to understand the industry growth rate
- It provides a seven-year forecast
assessed on the basis of how the market is predicted to grow
- It helps in understanding the key
product segments and their future
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changing competition dynamics and keeps you ahead of competitors
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