Platform as a Service - Czechia | Statista Market Forecast

Revenue in the Platform as a Service market is projected to reach US$331.10m 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 18.36%, resulting in a market volume of US$769.40m 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 of Czechia is experiencing elevated growth, driven by factors such as increased adoption of digital technologies, growing health consciousness, and the convenience of online health services. This growth rate is impacted by the country's strong focus on technology and innovation, as well as the growing demand for efficient and cost-effective healthcare solutions.

Customer preferences: As businesses in Czechia continue to embrace the benefits of cloud computing, the Platform as a Service (PaaS) market within the Public Cloud Market is experiencing significant growth. This trend is driven by the country's tech-savvy population and increasing demand for digital solutions in various sectors, including finance, healthcare, and transportation. With the rise of remote work and the need for efficient collaboration tools, PaaS offerings are becoming increasingly popular among businesses in Czechia. This trend is expected to continue as the country's economy becomes more reliant on digital technologies.

Trends in the market: In Czechia, the Platform as a Service market within the Public Cloud market is experiencing a surge in adoption as businesses increasingly turn to cloud computing for cost-efficiency and scalability. This trend is expected to continue as more companies prioritize digital transformation and remote work. The significance of this trend lies in its potential to drive innovation and accelerate business growth. It also presents opportunities for industry stakeholders to offer specialized PaaS solutions and cater to the evolving needs of the market. However, this trend also brings challenges, such as data security and compliance concerns, which industry stakeholders must address to maintain trust and sustain growth in the PaaS market.

Local special circumstances: In Czechia, the Platform as a Service (PaaS) market within the Public Cloud Market is heavily influenced by the country's strong focus on innovation and technology. With a highly skilled workforce and favorable business environment, Czechia has become a hub for startups and small businesses, driving the demand for PaaS solutions. Additionally, the country's strict data protection regulations have led to the development of secure and compliant PaaS offerings, further propelling market growth.

Underlying macroeconomic factors: The growth of the Platform as a Service Market within the Public Cloud Market in Czechia is heavily influenced by macroeconomic factors such as digital transformation initiatives, government support, and investment in digital infrastructure. The country's strategic location in Europe and its strong IT sector have also contributed to the expansion of the market. Additionally, the increasing adoption of cloud-based solutions by businesses of all sizes and the rising demand for cost-effective and scalable IT services are driving the growth of the market. Furthermore, the country's stable economy and favorable regulatory environment have created a conducive environment for the development 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.