Platform as a Service - Tanzania | Statista Market Forecast

Revenue in the Platform as a Service market is projected to reach US$40.41m 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 23.32%, resulting in a market volume of US$115.30m 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 (PaaS) market in the Public Cloud market in Tanzania is experiencing substantial growth, driven by factors such as increasing demand for digital solutions, growing awareness about the benefits of cloud computing, and the convenience offered by PaaS platforms. This growth is also being fueled by the country's efforts to promote digitalization and attract foreign investments in the technology sector.

Customer preferences: As the use of digital technologies becomes more prevalent in Tanzania, there has been a noticeable shift towards cloud-based solutions in the public sector. This is driven by the country's push towards digitalization and the need for efficient and cost-effective systems. Moreover, with the increasing demand for remote work, Platform as a Service (PaaS) has emerged as a popular solution for organizations looking to streamline their operations and reduce reliance on traditional IT infrastructure. This trend is also fueled by the rise of mobile and internet penetration in the country, making PaaS an accessible and convenient option for businesses of all sizes.

Trends in the market: In Tanzania, there is a growing trend of using Platform as a Service (PaaS) solutions within the Public Cloud Market, as businesses and organizations look to streamline their operations and reduce costs. This trend is expected to continue as more companies adopt cloud-based services to enable remote work and enhance collaboration. Additionally, the government's focus on digitization and the rise of startups in the country are expected to further drive the demand for PaaS solutions. This trend is significant as it allows for increased efficiency and scalability in business operations, and has the potential to revolutionize the way organizations in Tanzania operate. It also presents opportunities for industry stakeholders, such as cloud service providers and technology companies, to tap into this emerging market and drive growth. However, there may also be challenges in terms of data privacy and security, which should be carefully addressed to ensure the successful adoption of PaaS solutions in Tanzania.

Local special circumstances: In Tanzania, the Platform as a Service Market within the Public Cloud Market is influenced by the country's limited internet infrastructure and low internet penetration rates. This has resulted in a slower adoption of cloud services compared to other markets. Additionally, the country's regulatory framework for data protection is still developing, creating challenges for businesses operating in the cloud. However, with the government's push for digital transformation and the increasing availability of affordable internet services, the market is expected to grow in the coming years.

Underlying macroeconomic factors: The Platform as a Service Market within the Public Cloud Market in Tanzania is influenced by macroeconomic factors such as technological advancements, government support, and investment in digital infrastructure. Countries with favorable regulatory environments and strong investment in cloud technologies are experiencing faster market growth compared to regions with regulatory challenges and limited funding. Additionally, the increasing adoption of digital services and solutions by businesses and government organizations in Tanzania is driving the demand for Platform as a Service, as it offers cost-effective and scalable options for managing data and applications.

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.