Platform as a Service (PaaS) Market is expected to reach worth $6.94 Billion by 2018

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MarketsandMarkets Presents
Platform as a Service (PaaS) Market is expected
to reach worth 6.94 Billion by 2018
http//www.marketsandmarkets.com/Market-Reports/en
terprise-platform-as-a-service-paas-market-814.htm
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The report Platform as a Service (PaaS)
Market - Global Advancements, Business Models,
Technology Roadmaps, Forecasts Analysis (2013
2018) defines and segments the global PaaS
market with analysis and forecasting of the
global revenues. It also identifies drivers and
restraints for this market with insights on
trends, opportunities, and challenges. Browse 90
market data tables and 91 figures spread through
225 pages and in-depth TOC on Platform as a
Service (PaaS) Market Global Advancements,
Business Models, Technology Roadmap, Worldwide
Market Forecasts Analysis (2013
2018). MarketsandMarkets has segmented the
global PaaS market by types of solutions,
Implementation models, Applications, End Users,
and Industry. http//www.marketsandmarkets.com/M
arket-Reports/enterprise-platform-as-a-service-paa
s-market-814.html
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• The solutions segment comprises of business
  application platforms, raw computing platforms,
  social application platforms and web application
  platforms.
• Based on the Implementation models PaaS market
  is segmented into three categories public cloud,
  private cloud and hybrid cloud.
• Application Development and Maintenance PaaS
  (ADM PaaS), Business Process Management PaaS (BPM
  PaaS), Application PaaS (aPaaS), Integration PaaS
  (iPaaS) and Other PaaS are the segments
  categorized based on Applications.
• Based on the End Users the PaaS market segmented
  as Enterprise PaaS and Small and Medium size
  Business (SMB) PaaS.
• Also the PaaS market is categorized based on the
  industry segments such as Banking Financial
  Sector (BFSI), Consumer Goods Retail,
  Education, Gaming, Healthcare, Logistics
  Transportation, Public Sector Government,
  Telecommunications IT, Travel Hospitality and
  Others.
• Each of these sub-segments is further bifurcated
  by geographies. The geographies covered North
  America (NA), Europe, Asia-Pacific including
  Japan (APAC), Middle East Africa (MEA), and
  Latin America (LA).

http//www.marketsandmarkets.com/Market-Reports/en
terprise-platform-as-a-service-paas-market-814.htm
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• The major forces driving the PaaS market are the
  key factors in application development process
  such as agility, scalability, limited need for
  expertise, easy deployment, and reduced cost and
  development time.
• PaaS has been the smallest market among the
  cloud computing segments. But now the trend is
  experiencing a drift where PaaS market is growing
  faster in terms of revenue. Though PaaS market is
  not as huge as IaaS and SaaS which are the other
  two segments in cloud computing, the proportion
  of this market is very significant. This trend
  has been adopted by most of the traditional cloud
  computing and IT solution providers in the market
  like Amazon, Google, IBM etc. This trend has
  benefited most of the application users and has
  increased the demand for PaaS on various sectors.
  
• The global PaaS market is estimated to grow from
  1.28 billion in 2013 to 6.94 billion in 2018 at
  a compound annual growth rate (CAGR) of 32.54 in
  this period. In terms of geographies, North
  America continues to be the biggest market for
  PaaS solutions.

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