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: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Sep 2024
Source: Statista Market Insights
The Platform as a Service (PaaS) market in EMEA is experiencing a rapid growth rate, driven by factors such as the increasing adoption of cloud technologies, rising demand for public cloud services, and growing awareness of the benefits of PaaS solutions. This elevated growth is impacted by the convenience and scalability offered by PaaS, as well as the shift towards digital transformation in the region.
Customer preferences: The Platform as a Service Market within the Public Cloud Market in EMEA is experiencing a growing demand for online collaboration and productivity tools, as remote work becomes increasingly prevalent. This trend is driven by the need for seamless communication and project management, as well as a desire for more flexible and efficient ways of working. Additionally, the rise of virtual events and conferences due to the pandemic has also contributed to the adoption of cloud-based platforms for hosting and managing such events.
Trends in the market: In EMEA, the Platform as a Service Market within the Public Cloud Market is experiencing a surge in adoption, driven by the increasing demand for scalable and cost-effective solutions. This trend is expected to continue as more businesses prioritize digital transformation and move towards cloud-based infrastructures. Additionally, there is a growing focus on hybrid cloud models, combining the flexibility of public cloud with the security and control of private cloud. This shift towards hybrid cloud is significant for industry stakeholders, as it offers a more seamless and agile approach to cloud computing. It also presents opportunities for providers to offer integrated solutions and services to cater to this market segment's specific needs. Overall, these trends point towards a promising future for the Platform as a Service Market within the Public Cloud Market and highlight the importance of agility and flexibility in meeting the evolving demands of businesses.
Local special circumstances: In Europe, the Platform as a Service Market within the Public Cloud Market is heavily influenced by the General Data Protection Regulation (GDPR) which imposes strict regulations on the collection, storage, and processing of personal data. This has led to the development of innovative data protection solutions and increased demand for secure cloud platforms. Additionally, cultural differences in data privacy attitudes and the varying levels of adoption of cloud technology across countries have a significant impact on the dynamics of this market.
Underlying macroeconomic factors: The growth of the Platform as a Service Market within the Public Cloud Market is heavily influenced by macroeconomic factors such as technological advancements, government policies, and investment in digital infrastructure. Countries with strong government support and investments in digital technologies are experiencing faster market growth compared to regions with limited government support and funding. Additionally, the increasing adoption of cloud-based solutions by enterprises and the growing demand for cost-effective and scalable IT infrastructure are driving the growth of the Platform as a Service Market within the Public Cloud Market.
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.