Platform as a Service - Burundi | Statista Market Forecast

Revenue in the Platform as a Service market is projected to reach US$1.81m 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 24.37%, resulting in a market volume of US$5.40m 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 Platform as a Service market in the Public Cloud Market in Burundi is seeing steady growth due to the country's increasing adoption of digital technologies and rising awareness of health services. This average growth rate is largely impacted by the convenience and accessibility of online health services.

Customer preferences: As more businesses in Burundi adopt cloud computing, the demand for Platform as a Service (PaaS) solutions is expected to increase. This trend is driven by the need for greater flexibility and scalability in managing business operations. Additionally, the rise of remote work and collaboration has led to a greater reliance on PaaS for seamless communication and data sharing. This shift towards cloud-based solutions is also influenced by the country's growing tech-savvy population and their preference for digital solutions.

Trends in the market: In Burundi, the Platform as a Service Market within the Public Cloud Market is experiencing a surge in demand for cloud-based solutions, especially in the government and public sectors. This is driven by the increasing need for efficient and cost-effective IT infrastructure. Additionally, there is a growing trend of using Platform as a Service for data analytics and business intelligence, as organizations strive to make data-driven decisions. This trend is expected to continue in the future, with a potential shift towards multi-cloud strategies and an increased focus on security and compliance. For industry stakeholders, this presents opportunities for growth and innovation, but also the challenge of keeping up with evolving technologies and ensuring data protection.

Local special circumstances: In Burundi, the Platform as a Service Market within the Public Cloud Market faces unique challenges due to limited internet connectivity and infrastructure. This has hindered the adoption of cloud services, making it difficult for businesses to fully leverage the benefits of PaaS. Additionally, cultural norms and government regulations may also impact the market dynamics, as Burundi has a smaller and less tech-savvy population compared to other countries. These factors may require customized approaches and solutions to successfully penetrate and grow the PaaS market in Burundi.

Underlying macroeconomic factors: The Platform as a Service Market within the Public Cloud Market in Burundi is influenced by several macroeconomic factors. These include the overall global economic trends, which impact the demand for cloud-based services and solutions. Additionally, the national economic health of Burundi, including its GDP growth, inflation rate, and employment rate, also plays a significant role in shaping the market. Fiscal policies, such as tax incentives and government support for digital infrastructure, can also influence the growth of the market. Other relevant financial indicators, such as foreign investment, trade policies, and currency exchange rates, can impact the performance of the Platform as a Service Market within the Public Cloud Market in Burundi as well. Overall, a stable and supportive macroeconomic environment can drive the demand for cloud-based solutions and services, while economic challenges can hinder market growth.

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.