PUNE, India, Jan. 23, 2017 /PRNewswire/ -- Market Research Future published a half cooked Research Report on Platform as a Service Market. The Global Platform as a Service Market is expected to grow over the CAGR of 26% during the period 2016 to 2022.
The diverse range of capabilities, multi-functionality platform with low IT infrastructure cost benefits offered by cloud computing services has spurred the Platform as a Service market worldwide. The Platform as a Service model provides sophisticated computing platform and tools that enable many enterprises to develop and manage applications in order to improve IT frameworks and technological power.
The Market of Platform as a service is growing due to unification of cloud & mobile platforms, increasing investment in disruptive technologies, high digital data explosion & integration and digital revolution among others. The continuously rising demand of cloud based services is increasing the adoption of platform as a service among various enterprise and business.
Global Platform as a Service Market is expect to grow at USD 12 billion by the end of forecast period with CAGR of approx.- 26%.
Taste the market data and market information presented through more than 40 market data tables and figures spread over 108 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on "The Global Platform as a Service Market Research Report -Forecast to 2022"
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Platform as a Service Market:
The Platform as a Service is the one of three main categories of cloud computing services that provides major business benefits such as on-demand payments, low cost and quick deployment of software, among others. The platform as a service market is increasing due to the growing adoption of PaaS model in cloud based services to help enterprises and business.
Many companies such as Apprenda Inc. (U.S.), IBM Corp. (U.S.), Amazon.com, Inc. (U.S.), Microsoft Corporation (U.S.) are investing in platform as a service solution that is supporting the market of platform as service (PaaS).
The Major Key players of platform as a service market are: Apprenda Inc. (U.S.), International Business Machines Corporation (U.S.), Google, Inc.(U.S.), Amazon.com, Inc. (U.S.), Microsoft Corporation (U.S.), SAP SE (Germany), Oracle Corporation (U.S.), Dell Inc.(U.S.), Engine Yard, Inc. (U.S.), Cloud Bees, Inc.(U.S.), Pivotal Software, Inc.(U.S.), Red Hat, Inc.(U.S.) among others.
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Market Research Analysis:
Market Research Future Analysis shows that Platform as a Service Market is growing rapidly and during the forecast period, it is expected to grow at CAGR of ~26%. Upcoming trends in the Cloud Based Services and Internet of Things Technology is expected to lead the market at new heights.
Microgrid as a service (MaaS) Market; https://www.marketresearchfuture.com/reports/microgrid-as-a-service-market
Software as a Service (SaaS) Market; https://www.marketresearchfuture.com/reports/software-as-a-service-market
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SOURCE Market Research Future