Platform as a Service - Pakistan

  • Pakistan
  • Revenue in the Platform as a Service market is projected to reach US$209.60m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 20.18%, resulting in a market volume of US$525.50m by 2029.
  • The average spend per employee in the Platform as a Service market is projected to reach US$2.54 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$91,020.00m in 2024).

Key regions: United States, Italy, Australia, Netherlands, Japan

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The Platform as a Service market in the Public Cloud Market in Pakistan is experiencing substantial growth due to factors such as increasing adoption of digital technologies, growing health awareness, and the convenience of online health services. This growth is driven by the country's high demand for digital solutions and the increasing use of cloud-based services in the healthcare sector.

Customer preferences:
The growing emphasis on digital transformation and automation in Pakistan has led to a rise in demand for Platform as a Service solutions within the Public Cloud Market. This trend is driven by the country's young and tech-savvy population, as well as the increasing adoption of cloud-based technologies by businesses of all sizes. Additionally, the government's initiatives to promote a digital economy and improve access to technology have also contributed to the growth of the Platform as a Service Market.

Trends in the market:
In Pakistan, the Platform as a Service Market within the Public Cloud Market is experiencing a surge in demand for services that cater to the country's expanding e-commerce and start-up sectors. This trend is driven by the government's push for digitalization and the growing use of online platforms for business operations. Additionally, there is a rising need for efficient and cost-effective IT solutions, leading to an increase in the adoption of PaaS services. This trend is expected to continue on an upward trajectory, with significant implications for industry stakeholders such as cloud service providers and businesses looking to leverage PaaS for their operations. As the market matures, we can expect to see a greater focus on localizing PaaS solutions to cater to the specific needs of the Pakistani market, creating new opportunities for both local and international players.

Local special circumstances:
In Pakistan, the Platform as a Service Market within the Public Cloud Market is growing due to the country's increasing digital transformation efforts and the government's focus on developing a knowledge-based economy. The market is also driven by the high demand for cost-effective and scalable solutions in the growing startup ecosystem. Additionally, the country's large population of young, tech-savvy individuals has led to a surge in demand for cloud-based services, particularly in the e-commerce and fintech sectors. However, the market is also influenced by regulatory challenges, such as limited internet infrastructure and data privacy concerns, which can hinder market growth.

Underlying macroeconomic factors:
The Platform as a Service Market within the Public Cloud Market in Pakistan is impacted by macroeconomic factors such as the country's economic growth, government policies, and investment in digital infrastructure. Pakistan's growing economy and increasing adoption of digital technologies have created a favorable environment for the growth of the public cloud market, including Platform as a Service. Additionally, government initiatives to promote digitalization and the rising demand for cost-effective IT solutions are further driving the market growth. However, challenges such as limited internet infrastructure and low technology literacy among the population could hinder market growth.

Methodology

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.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)