Cost Savings from Switching to a PaaS Model and Rising Mobile Applications are among Major Factors Fueling the Demand for PaaS in the North America Market: Ken Research

 Impact of COVID on North America PaaS Market: The COVID-19 situation resulted in the growth of the overall PaaS market. Due to a significant shift towards the use of online and on-demand data platforms, as well as an increase in market sales for online shopping models, the COVID pandemic has benefited platform-as-a-service solutions. This has led many businesses to implement PaaS solutions to help scale-up their cloud presence. Many small and medium-sized businesses have also turned to PaaS solutions to help scale-up their cloud presence. Cloud computing technology was really useful in delivering excellent healthcare services throughout the pandemic.

Cost Savings from Switching to a PaaS Model:  By switching to a PaaS model based on the cloud, the cost of servers, software, hardware, middleware, and related network equipment is much lower, which lowers CAPEX. The adoption of the PaaS model is driven by several cost advantages.

5G and Cloud Computing Technology: 5G and cloud computing technology have fueled the development of these mobile applications. PaaS suppliers provide a distinct set of services for tablet, mobile, and online platforms, such as data recovery, backups, and security, as well as licensing, support, maintenance, and server-based scalability. Developers may focus on enhancing their apps while PaaS providers handle the rest. This factor will drive the market in the near future.

Analysts at Ken Research in their latest publication “North America Platform as a Service (PaaS) Market Outlook and Forecast to 2027 - Driven by Major Cost Savings and Faster Time to Market achieved from PaaS Use: Ken Research” believe that the PaaS Market is expected to grow rapidly due to rising mobile use and increased enterprise appliance involvement. Recent years have seen a large number of big cloud providers enter the PaaS market, demonstrating the region's increasing momentum.

Key Segments Covered in North America PaaS Market

North America PaaS Market By Deployment Type

Public Cloud

On-Premises

Hybrid Cloud

North America PaaS Market By Solution Type

PaaS for Artificial Intelligence (AIPaaS)

Database as a Service (DBaaS)

Integration Platform as A Service (iPaaS)

Application as a Service (aPaas)

Business Analytics (BaPaaS)

Application Development (ADPaaS)

Others

North America PaaS Market By Enterprises Type

Large Enterprises

SMEs

North America PaaS Market By Type of End User Industry

Banking, Financial Services, and Insurance (BFSI)

Retail & Consumer Goods

Media and Telecommunication

IT and ITeS

Healthcare

Energy and Utility

Automotive and Transportation

Others

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North America PaaS Market By Geography and Major Countries:-

USA

Canada

Mexico

Key Target Audience:-

Commercial Platform as a Service (PaaS) Solutions Providers

Enterprise Software Solutions Providers

Enterprise Software Service Providers

Enterprise Cloud Infrastructure and Solution Providers

Enterprise Software Systems Developers & Integrators

Enterprise Software Solutions User Interface (UI/UX) Design Providers

Enterprise Software Solutions Operating System (OS) Providers

Enterprise Software Solutions Distributors

Cloud Infrastructure Providers

Cloud Software Solutions Developers

Cloud Software Solutions Distributors

Allied/Auxiliary industries for PaaS Solutions

Middleware Software Providers for PaaS

Potential Investors in PaaS Solutions Segment

IT and ITES Industry Associations

Ministries of Information Technology Services

Ministries of Communication Technology Services

Time Period Captured in the Report:-

Historical Period: 2017-2021

Forecast Period: 2022-2027F

Companies Mentioned:-

Key Competitors in North America PaaS Market

Amazon Web Services (AWS)

Google Cloud

Microsoft

AT&T Inc.

Dell Technologies, Inc.

IBM

Oracle

HPE

VMware Inc.

Salesforce

Mendix

SAP SE

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Emerging PaaS Companies in North America Mentioned in the Report:-

Outsystems

IntelePeer

Nodejitsu Inc.

ActiveState

Cloud Connectors

Fintelics Technology Inc.

Hexagon Data

Technogi

Gogiro

OneCloud

MCM Telecom

Key Topics Covered in the Report:-

Snapshot of North America PaaS Market

Industry Value Chain and Ecosystem Analysis

Market size and Segmentation of North America PaaS Market

Historic Growth of Overall North America PaaS Market and Segments

Competition Scenario of the Market and Key Developments of Competitors

Porter’s 5 Forces Analysis of North America PaaS Industry

Overview, Product Offerings, and SWOT Analysis of All the Key Competitors

COVID-19 Impact on the Overall North America PaaS Market

Future Market Forecast and Growth Rates of the Total North America PaaS Market and by Segments

Market Size of End User Industries with Historical CAGR and Future Forecasts

Analysis of North America PaaS Market in Major North American Countries

Major Production / Consumption Hubs in the Major Countries

Major Production/Supply and Consumption/Demand Hubs in Each Major Country

Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments

Overview of Notable Emerging North America PaaS Companies within Each Major Country

For more information on the research report, refer to below link:

North America Platform as a Service (PaaS) Market

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Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249

Frequently Asked Questions:-

What is the Study Period of this Market Report?

The North America PaaS Market is covered from 2017 – 2027 in this report, which includes a forecast for the period 2022-2027.

What is the Future Growth Rate of North America PaaS Market?

The North America PaaS Market is expected to witness a CAGR of above 20% over the next 5 years.

What are the Key Factors Driving the North America PaaS Market?

Cost savings from switching to PaaS Model and rapid growth of mobile apps development ecosystem are anticipated to drive North America PaaS Market growth.

Which is the Fastest Growing Deployment Segment within the North America PaaS Market?

Hybrid Cloud is the fastest growing Deployment Segment within the North America PaaS Market.

Who are the Key Players in North America PaaS Market?

Amazon Web Services (AWS), Google Cloud, Microsoft, AT&T Inc., Dell Technologies, Inc., IBM, Oracle, HPE, Vmware Inc., Salesforce, Mendix and SAP SE are the major companies operating in North America PaaS Market.