Platform as a Service - Croatia | Statista Market Forecast

Revenue in the Platform as a Service market is projected to reach US$67.54m 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 18.61%, resulting in a market volume of US$158.60m 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 Croatia has seen rapid growth in the Public Cloud market, fueled by factors like widespread digital adoption, growing health consciousness, and the convenience of online services. The elevated growth rate can be attributed to the increasing demand for flexible and scalable cloud solutions in the country.

Customer preferences: The rise of the Platform as a Service Market within the Public Cloud Market has been influenced by the increasing demand for flexible and scalable cloud solutions. As businesses and government agencies in Croatia embrace digital transformation, there is a growing preference for PaaS models that allow for easy deployment and management of applications. This trend is also fueled by a shift towards remote work and the need for collaboration and productivity tools that can be accessed from anywhere.

Trends in the market: In Croatia, the Platform as a Service Market within the Public Cloud Market is experiencing a significant increase in demand for cloud-based applications and services. This trend is being driven by the government's push for digital transformation and the growing adoption of cloud computing by businesses. Additionally, there is a rising trend of utilizing Platform as a Service for software development and testing, as it offers scalability and cost-efficiency. These trends are expected to continue on an upward trajectory, enabling industry stakeholders to capitalize on the growing market and enhance their competitive edge. However, this also poses challenges for traditional IT service providers, who may need to adapt their offerings to remain relevant in the evolving market.

Local special circumstances: In Croatia, the Platform as a Service Market within the Public Cloud Market is influenced by the country's geographical location, as it serves as a gateway between Eastern and Western Europe. This has led to a unique blend of cultural influences, resulting in a diverse market with varying needs and preferences. Additionally, the country's strict data privacy laws and regulations have played a significant role in shaping the market, with a focus on ensuring data security and compliance. These factors have contributed to the growth of local cloud service providers, catering to the specific needs of Croatian businesses and government entities.

Underlying macroeconomic factors: The Platform as a Service Market within the Public Cloud Market in Croatia is impacted by macroeconomic factors such as the country's overall economic performance, government policies, and global economic trends. A healthy national economy with strong investments in digital infrastructure and supportive regulatory frameworks can drive market growth. However, challenges such as limited funding for technology and regulatory barriers may hinder market expansion. Moreover, the growing demand for digital transformation and modernization in industries and the increasing adoption of cloud computing globally are also driving the demand for Platform as a Service solutions in Croatia.

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.