Welcome!

Linux Authors: Elizabeth White, Pat Romanski, Liz McMillan, Adrian Bridgwater, Sharon Barkai

News Feed Item

Research and Markets: Global Platform-As-A-Service Market Expected To Post Revenue of US$6.45 Billion in 2016 According To Latest Report

Research and Markets (http://www.researchandmarkets.com/research/22tlgs/global) has announced the addition of the "Global Platform-as-a-Service Market 2012-2016" report to their offering.

The Global Platform-as-a-Service market is expected to post a CAGR of 48.96 percent during the period 2012-2016. PaaS has become an important component of the cloud computing architecture. Its rapid growth is having a positive impact on vendors providing PaaS solutions as well as on end-user organizations. Further, most organizations are realizing the need to have an advanced system in place to enhance the process of developing, deploying, and managing enterprise applications. Though this process continues to depend on individual and enterprise developers, companies are focusing on PaaS solutions to better manage their applications in a cost-effective way. Hence, PaaS is gaining more popularity with increasing investments in such solutions being made by many organizations.

Regional overview

North America accounted for the largest share of revenue in the Global Platform-as-a-Service market in 2012.

End-user segmentation/product segmentation overview

There are a number of end-user segments in the Global Platform-as-a-Service market of which the Manufacturing sector is the key end-user segment in this market.

Vendor landscape

The Global Platform-as-a-Service market is becoming increasingly competitive, with vendors providing additional features and acquiring smaller cloud vendors to remain competitive in the market. The market is also witnessing the entry of many pure-play cloud-based vendors that are competing with the large enterprise software vendors in the Global Platform-as-a-Service market. Hence, the market is becoming fragmented, with the presence of numerous vendors. Some of the key vendors mentioned in the Global Platform-as-a-Service Market 2012-2016 report include Salesforce.com, IBM Corp., Microsoft Corp., Google Inc., Amazon.com, Intuit Inc., VMware Inc., and Rackspace Inc.. Other prominent vendors in the Global Platform as a Service market include Longjump Inc., Red Hat Corp., Appirio Inc., CloudBees Inc., Engine Yard Inc., Oracle Corp., BMC Software Inc., and Bungee Connect Inc.

For more information visit http://www.researchandmarkets.com/research/22tlgs/global

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.