According to the report, the Global Market for Cloud Platform-as-a-Service (PaaS) is set to accelerate market growth and to accrue revenue worth USD 9.12 billion by 2021, up from USD 2.11 billion in 2015. The report covers an entire set of information of the market at the global level in an instructive manner with facts and figures, as well as provides a base that offers opportunities for a number of product developers and services providers. It also provides to industries, associations, and businesses to grow worldwide by competing among themselves by providing better products and services.
In the Global Market for Cloud Platform-as-a-Service, major available services include Cloud data services, Cloud application development, and life-cycle services, Cloud application platforms, Cloud integration services, and more. The main factor in this growing market comprises the escalating demand for effective service lessening the load of end-users to implement hardware, with software for operating and creating a new application is likely to spur the growth of this market. Additionally, beneficial features like agility, pay-per-use, high scalability, and effectiveness have also created massive demand for Cloud PaaS around the all-sized enterprises and helped the growth of this market. North America, in terms of region, has been dominating the Global Market for Cloud Platform-as-a-Service and is expected to keep up the leading position in the coming years. In 2011, this region shared about 58.8 percent towards the Public Cloud PaaS Market.
The report also profiled key players, including Google Inc., Engine Yard, IBM Corp., AWS, and Microsoft Corp. It further contains the estimate data on the basis of the region regarding the upcoming growth pattern for a specific time span accordance to past insights of the market data and current modifications in technology, products, and trends as well. The market report simply provides better visualization of the global market that can assist customers to manage their business perfectly with superior growth and development.