Platform as a Service (PaaS) - Statistics & Facts

What does the PaaS model include?

In the PaaS model, the customer essentially buys everything they need to build an application from a cloud provider. Next to the services included in the IaaS model such as virtualization, servers, storage, and networking; PaaS model additionally includes runtime, middleware, and operating systems. PaaS customers can therefore focus solely on developing applications and managing data while the service provider owns, operates, and maintains the infrastructure. In addition to decreasing the need for infrastructure management, PaaS solutions also eliminate or automate maintenance tasks, while allowing businesses to adopt new offerings and required technologies.

Global market forecast to grow

The overall cloud computing market is forecast to grow over the next few years despite a slight decline expected in 2021 and 2022. At the same time, the global market for public cloud services is expected to exceed 400 billion U.S. dollars in 2022. While PaaS accounts for about 20 percent of the overall cloud services market, the SaaS segment dominates most of it . In 2022, the public cloud PaaS market will surpass 100 billion U.S. dollars in revenue.

Major players in PaaS are Microsoft, Amazon, Google, and IBM

Microsoft Azure, Amazon Web Services, IBM Cloud, and Google Cloud Platform are the major players in the global PaaS market. Together, these four companies/services make up more than 50 percent of the global IaaS and PaaS market. Recent surveys indicate that many users are already running applications on, are experimenting with, or are planning to use platforms by these service providers. Other players in the market include Alibaba, Salesforce, Oracle, and Rackspace.

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