North America Platform as a Service (PaaS) Market By Type (Application PaaS (aPaaS), Integration PaaS (iPaaS), Database PaaS (dbPaaS) and Others), By Deployment (Public Cloud, Private Cloud and Hybrid Cloud), By Organization Size (Large Enterprises and Small & Medium Enterprises), By Industry Vertical (BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Government & Defense, Energy & Utilities, Manufacturing and Others), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The North America Platform as a Service (PaaS) Market would witness market growth of 14.9% CAGR during the forecast period (2021-2027). In recent years, the acceptance of cloud for business intelligence and analysts has achieved massive popularity.
Companies can get higher visibility throughout their data ecosystem with the help of reporting, dashboards, and big data analytics in order to manage reliable control and data management. The majority of cloud vendors possess business analytics services that enable a business to link to its data, carry out advanced analysis, and access dashboards through various devices conveniently.
Surprisingly, there is frequent adoption of business intelligence and analytics as value-added PaaS abilities. For example, the significance & popularity of business intelligence is increasing in B2B scenarios. Core business applications such as TMS, CRM, and ERP offer some intensity of functionality in this field. Moreover, as cloud offer application integration and middleware solutions that empower the companies to connect different sources and systems to unify data access, aggregations, and visibility, thus simplify BI and analytics operations.
With the increasing adoption of public PaaS, the public cloud segment is rapidly increasing. It provides a broad scope for data recovery and provides infrastructure, such as OS, middleware, hardware, and software in order to run applications across various platforms. Moreover, as public cloud solutions are highly embraced, they enable easy access to platform solutions like data analytics, big data, and the Internet of Things (IoT). Several companies are switching to public cloud offerings with an aim to fulfill the increasing demand for public cloud solutions. For example, Red Hat OpenShift is regarded as an open-source enterprise PaaS. The company is offering its public PaaS version of OpenShift on its Red Hat Enterprise Linux (RHEL).
The US market dominated the North America Platform as a Service (PaaS) Small & Medium Enterprises Market by Country 2020, thereby, achieving a market value of $12,404.9 million by 2027. The Canada market is experiencing a CAGR of 20.4% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 19.4% during (2021 - 2027).
Based on Type, the market is segmented into Application PaaS (aPaaS), Integration PaaS (iPaaS), Database PaaS (dbPaaS) and Others. Based on Deployment, the market is segmented into Public Cloud, Private Cloud and Hybrid Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Government & Defense, Energy & Utilities, Manufacturing and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon.com, Inc., Microsoft Corporation, IBM Corporation, Salesforce.com, Inc., Google, Inc., Oracle Corporation, SAP SE, Siemens AG, Dell Technologies, Inc. (VMware, Inc.), and Zoho Corporation Pvt. Ltd.
Scope of the Study
Market Segments Covered in the Report:
- Application PaaS (aPaaS)
- Integration PaaS (iPaaS)
- Database PaaS (dbPaaS)
- Public Cloud
- Private Cloud
- Hybrid Cloud
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Industry Vertical
- IT & Telecom
- Retail & eCommerce
- Government & Defense
- Energy & Utilities
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Amazon.com, Inc.
- Microsoft Corporation
- IBM Corporation
- com, Inc.
- Google, Inc.
- Oracle Corporation
- SAP SE
- Siemens AG
- Dell Technologies, Inc. (VMware, Inc.)
- Zoho Corporation Pvt. Ltd.
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