Wednesday, August 10, 2022

Email id: support@kenresearch.com, Contact Us : +91-9015378249

Home Technology and Telecom IT And ITES North America Platform as a Service (PaaS) Market Outlook and Forecast to...

North America Platform as a Service (PaaS) Market Outlook and Forecast to 2027: Ken Research

The report titled 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 Researchprovides a comprehensive analysis of the North America PaaS Market. The report provides industry size basis revenue and value chain analysis, market segmentation based on Deployment Type, Solution Type, Enterprises Type, End User Industry, competition benchmarking, COVID-19 impact, future projections and trends, drivers & challenges. It also provides the market by Revenue of the major countries in the North America region and also provides the country-level analysis based on the segments. It also provides inputs on major opportunities and potential strategies to gain from the market. 

North America PaaS Market Outlook, Drivers, and Challenges

The North America PaaS Market is expected to witness strong growth of over 20% CAGR over the next five years. This is mainly due to change in business technology that is how software applications are developed and distributed. By using the newest technology, enterprises are concentrating on lowering their entire CAPEX. Due to its ability to enable companies adopt hardware, middleware, operating systems, software, and resources as and when necessary, PaaS solutions have seen a surge in investments.

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. Rising mobile use and increased enterprise appliance involvement are anticipated to drive PaaS growth in the region. Recent years have seen a large number of big cloud providers enter the PaaS market, demonstrating the region’s increasing momentum.

According to the cloud service providers, as digitalization progresses, payments will become increasingly cloud-native, enabling them to use local, international, and regional payment systems via a single interface. Providers also need to handle changing financial problems and market difficulties. Therefore, the market for platforms as a service is probably going to gain from digitization, online payments, and the creation of new goods. Additionally, it provides a cutting-edge infrastructure to support digital transformation, which will increase demand for PaaS architecture.

The North American PaaS Market faces some key challenges as well. Since data is kept off-site while using a PaaS, data security must be taken into account and carefully reviewed. Vendor lock-in occurs when changing vendors is extremely expensive, pushing the client to choose another vendor. Customers are unable to transfer vendors due to cost problems and a small workforce. Another significant factor for vendor lock-in in the platform as a service sector is a lack of standardization.

north-america-platform-as-a-service-(paas)-market-key-findings 

To learn more about this study – Request for Free Sample Report

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

To learn more about this study – Request for Free Sample Report

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

To learn more about this study – Request for Free Sample Report

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

Related Reports:-

KSA Data Center and Cloud Services Market Outlook to 2026F – Driven by rising investments in data centers from private sector and government support towards technology and Cloud first policy

UAE Data Center and Cloud Services Market Outlook to 2026F – Driven by Rapid Digital Penetration along with Increasing Investments to meet the Rising Demand for Data Storage and Cloud Services

Contact Us:-
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.

RELATED ARTICLES

The D2C Market has expanded steadily, driven by rising Internet and smartphone penetration, an expanding population, and the expansion of online retailers and payment...

Buy Now ~60% of the total population in 2021 (162,541k) under the age bracket 15-54 years supplemented by the high per capita income (USD...

Future Outlook of North America PaaS Industry: Ken Research

Buy Now What Is the Size of North America PaaS Industry? North America PaaS market is growing at a CAGR of ~% in 2017-2021B and is...

Fitness App Market Growth is grown by Increase in Growing Chronic Disease: Ken Research

Buy Now Fitness applications are mainly utilized to monitor and record fitness-related physical activities, for example, distance walked, steps taken, heartbeat monitoring, sleep duration, and...

Most Popular

Europe Floating Power Plant Market Size and Growth, Market Outlook and Forecast by Revenue 2027: Ken Research

Buy Now Floating Power Plant Market Definition and Overview A Floating Power Plant (FPP) is a power generation unit that is located on a platform, floating...

Malaysia Electric Two-Wheeler Market Size 2022 COVID-19 Impact Analysis by Business Opportunities, Key Manufacturers, Growth Drivers and Future Outlook 2026: Ken Research

Buy Now Overview of Malaysia Electric Vehicle Industry Size: Electric Two-Wheeler Market in Malaysia recorded a positive CAGR of xx% on the basis of revenue...

India Digital Lending Market, Industry Revenue, Sales, Shares, Market Future Outlook : Ken Research

Buy Now Market Overview Digital lending is one of the fastest-growing fintech sectors in India, and it will continue to expand substantially in the coming years....

Market Research Company In India Help You Understand Where Your Customers Are: Ken Research

Market Research is a procedure of collecting information connected to industry, customer behaviour, market trends, demographics and several other relevant information of the marketer’s...