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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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Jul 2024
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Sources: Statista Market Insights, Financial Statements of Key Players
The PaaS market in the Benelux region is experiencing significant growth, driven by factors such as increasing adoption of cloud technologies, growing awareness of the benefits of public cloud services, and the convenience offered by online platforms. This substantial growth is impacted by the region's strong tech industry and government support for digital innovation.
Customer preferences: As businesses in the Benelux region and beyond continue to embrace cloud computing, there is a growing demand for Platform as a Service (PaaS) solutions to streamline and automate their operations. This trend is driven by the need for cost-effective and scalable software development and deployment options. Additionally, there is a growing focus on leveraging PaaS for data analytics and leveraging emerging technologies such as artificial intelligence and machine learning to drive business growth.
Trends in the market: In the Benelux region, the Platform as a Service Market within the Public Cloud Market is witnessing a rising trend towards hybrid cloud solutions, with more organizations opting for a combination of public and private cloud services. This trend is driven by the need for greater flexibility and scalability, as well as cost savings. Additionally, there is a growing focus on security and compliance, leading to an increased demand for managed cloud services. These trends are significant as they reflect the growing maturity of the market and the increasing adoption of cloud technologies in the region. For industry stakeholders, this trend presents opportunities for offering specialized managed services and solutions, as well as the potential for partnerships and collaborations to meet the evolving needs of clients.
Local special circumstances: In Benelux, the Platform as a Service Market within the Public Cloud Market is influenced by the region's strong emphasis on data privacy and security. This is due to the strict regulatory environment, including the General Data Protection Regulation (GDPR). This has led to the development of local PaaS solutions tailored to meet the specific compliance requirements of businesses in the region. Additionally, the cultural preference for local, homegrown solutions has also contributed to the growth of the PaaS market in Benelux.
Underlying macroeconomic factors: The growth of the Platform as a Service Market within the Public Cloud Market is also influenced by macroeconomic factors such as technological advancements, government regulations, and investment in digital infrastructure. Countries with supportive regulatory environments and significant investments in digital infrastructure are experiencing faster market growth compared to regions with regulatory obstacles and limited resources. Moreover, the increasing adoption of cloud-based technologies, along with the growing demand for efficient and cost-effective solutions, is driving the growth of the Platform as a Service Market within the Public Cloud Market in the Benelux region.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights