Platform as a service (PaaS) is a cloud based model to deliver hardware and software tools to the user by third party service providers to create software application quickly and easily. The service provides various benefits such as interoperability, cost effectiveness and high mobility. The features of PaaS include web based user interface, service development, deployment, testing as well as hosting.This growth is primarily driven by User Friendliness of the Services, Less Initial Investment and Risk and Easy Scalability of the Services to Suits the Business Needs.
Globally, a noticeable market trend is evident Growing Popularity of Pay Per Use Features
. The Internet Software & Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Salesforce [United States], Apprenda [United States], Google [United States], Amazon.com [United States], Microsoft [United States], SAP [Germany], Oracle [United States], Engine Yard [United States] and Fujitsu [Japan] etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
- User Friendliness of the Services
- Less Initial Investment and Risk
- Easy Scalability of the Services to Suits the Business Needs
- Growing Popularity of Pay Per Use Features
- Continuous Update and Innovative Features
- Rising Adoption of Cloud Based Services
- Lacks Robust Data Security Features
- Lack of Awareness Regarding Use of This Service in Small and Medium Enterprises
OpportunitiesTechnological and Infrastructural Advancements in IT & Telecom Sectors and Growing Popularity of Cloud Computing Service
ChallengesNeed for Availability of Cloud Data, Possible Breach of the Agreements on the Level of Service and Integration of Existing Company's Infrastructure with Cloud
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the ReportAMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Platform as a Service Study Sheds Light on The Platform as a Service Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Platform as a Service industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Platform as a Service industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.