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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 Research” provides 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.
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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.
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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
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
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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