Platform as a Service - Australia & Oceania

Revenue in the Platform as a Service market is projected to reach US$3.58bn in 2024.
0.0 dominates the market with a projected market volume of 0.0 in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 18.17%, resulting in a market volume of US$8.25bn by 2029.
In global comparison, most revenue will be generated United States (US$91.02bn in 2024).

Definition:

Platform as a Service (PaaS) refers to the type of public cloud service that provides a ready-to-use platform and environment for developers to build, deploy, and manage applications. PaaS offers tools, frameworks, and services that streamline the development process, thus eliminating the need to manage the underlying infrastructure. It allows developers to focus on the tasks of writing code and creating applications without worrying about server setup or maintenance. The PaaS market includes the companies that provide these types of public cloud resources and services to individuals, businesses, and organizations. A typical example of this type of service is Google App Engine.

Additional Information:

The Platform as a Service (PaaS) market comprises revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players of the PaaS market include companies such as Amazon (Amazon web services), Microsoft (Azure), Google (App Engine), and IBM (Cloud).

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Application development, such as Microsoft Azure App Service, Google App Engine, and AWS Elastic Beanstalk
Debugging processes, such as Microsoft Azure Monitor and AWS X-Ray
Testing, such as Google Cloud Flood, Distributed Load Testing on AWS, and Microsoft Azure Load Testing
Deployment tools, such as Microsoft Azure Deployment Environments and AWS CodeDeploy

Infrastructure-as-a-Service (IaaS), such as Amazon Elastic Compute Cloud (EC2), Azure IaaS, Google Compute Engine (GCE), Alibaba Cloud ECS, and Oracle Cloud Infrastructure
Software-as-a-Service (SaaS), such as Microsoft 365, Salesforce, Google Workspace, and Zoom
Business-Process-as-a-Service (BPaaS), such as payroll management and accounting solutions via ADP Workforce Now, Intuit QuickBooks Online, Workday, and Oracle NetSuite

The PaaS market in Australia & Oceania is experiencing considerable growth, driven by factors such as increasing demand for cloud services, growing adoption of digital technologies, and rising awareness of the benefits of online platforms. This growth rate is influenced by the region's strong tech industry and its emphasis on digital transformation.

Customer preferences: With the rise of remote work and virtual collaboration, there has been a growing demand for cloud-based tools that enable seamless communication and workflow management. This trend has significantly impacted the Platform as a Service Market within the Public Cloud Market, with businesses increasingly turning to PaaS solutions to streamline their operations and optimize productivity. Additionally, the increasing adoption of agile and DevOps methodologies has further propelled the demand for PaaS, as it allows for faster development and deployment of applications.

Trends in the market: In Australia & Oceania, the Platform as a Service Market within the Public Cloud Market is experiencing a surge in demand for AI-based solutions, as companies seek to improve efficiency and productivity. This trend is expected to continue, with a focus on developing more advanced and specialized AI platforms. Additionally, there is a growing interest in hybrid cloud solutions, as organizations aim to balance cost savings with security and control. These trends are significant for industry stakeholders, as they highlight the increasing reliance on cloud-based technologies and the need for seamless integration with existing systems. However, there may also be potential implications, such as data privacy concerns and the need for skilled professionals to manage these complex platforms.

Local special circumstances: In Australia & Oceania, the Platform as a Service Market within the Public Cloud Market is influenced by the region's unique geography, with its dispersed population and isolated communities. This has led to a demand for cloud-based solutions that can facilitate communication and collaboration across large distances. Additionally, the cultural emphasis on work-life balance has driven the adoption of PaaS tools that allow for remote work and flexible schedules. The strict data privacy laws in Australia and New Zealand have also shaped the PaaS market, with providers having to comply with strict regulations in order to operate in the region.

Underlying macroeconomic factors: The Platform as a Service Market within the Public Cloud Market in Australia & Oceania is influenced by various macroeconomic factors. The region's economic growth and stability, as well as its fiscal policies, play a crucial role in shaping the demand for cloud-based services. Additionally, the increasing internet penetration and adoption of digital technologies in the region are driving the demand for Platform as a Service solutions. Furthermore, the growing number of small and medium enterprises in the region are increasingly turning towards cloud-based platforms to enhance their IT capabilities, thus fueling the growth of the Platform as a Service Market within the Public Cloud Market.

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Together with platform as a service (PaaS) and infrastructure as a service (IaaS), software as a service (SaaS) is one of the three primary tiers of cloud computing. It allows businesses to redirect resources away from IT hardware, software, and personnel expenses, and towards other business needs. Currently, the most prominent companies in the SaaS market are Microsoft, Salesforce, Oracle, SAP, and Google.