About Application Platform as a Service
An application platform as a service refers to a cloud environment for designing, building, deploying and managing custom business applications. It is a single platform that allows speed, collaboration and control across the entire application lifecycle. Application platform as a service solutions enable rapid application development and delivery. Many platform as a service providers streamline application provisioning and deployment, but don’t address the sluggishness of coding apps in the first place. The right aPaaS brings abstraction and automation to the complete application lifecycle, providing a faster way to build applications.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Application Platform as a Service market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Microsoft Corporation (United States), Salesforce.com Inc. (United States), IBM Corporation (United States), Progress Software Corporation (United States), SAP SE (Germany), Engine Yard Inc. (United States), Software AG (Germany), Miosoft Corporation (United States), Mendix Tech BV (United States) and WaveMaker, Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Application Platform as a Service market by Type (Public Cloud, Private Cloud and Hybrid Cloud) and Region.
On the basis of geography, the market of Application Platform as a Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organization Size, the sub-segment i.e. SMEs will boost the Application Platform as a Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Implementation & integration service will boost the Application Platform as a Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The Growing Capital Investment on Application Development for Mobile, Web, and Enterprise
- Technology Advancements in PaaS Services Are Poised To Benefit the Growth of Application Platform as a Service Market
Opportunities
- Gaining Popularity of Cloud-Based Services Is Further Expected To Buttress the Maturation of Application Platform as a Service Market during the Projected Period
Restraints
- Risk of Vendor Lock-In, Which Bars the End-Users from Migrating Their Application to Other Vendor’s Platform
Key Target Audience
Application Platform as a Service Companies, Potential Technology Investors, Regulatory & Government Bodies, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.