Service center

North America Platform as a Service (PaaS) Market Outlook

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 based from PaaS Use: Ken Research” provides a comprehensive analysis of the North America PaaS market. The report provides revenue and value chain analysis based on industry size, market segmentation based on type of deployment, type of solution, type of company, industry end user, competition benchmarking, impact of COVID-19, future projections and trends, drivers and challenges. It also provides the market by revenue of major countries in the North America region and also provides the country-level analysis based on segments. It also provides information on key opportunities and potential strategies to take advantage of the market.

North America PaaS Market Outlook, Drivers and Challenges

The North American PaaS market is expected to experience strong growth at over 20% CAGR over the next five years. This is mainly due to the evolution of commercial technology, i.e. the way software applications are developed and distributed. By using the latest technology, companies focus on reducing their overall CAPEX. Due to its ability to enable enterprises to adopt hardware, middleware, operating systems, software, and resources as needed, PaaS solutions have seen an increase in investment.

Free sample report request– https://www.kenresearch.com/sample-report.php?Frmdetails=NTg0MjYx

By moving to a cloud-based PaaS model, the cost of servers, software, hardware, middleware, and associated networking equipment is much lower, reducing CAPEX. Growing mobile usage and increased involvement of enterprise devices are expected to drive the growth of PaaS in the region. In recent years, a number of large cloud providers have entered the PaaS market, demonstrating the region’s growing momentum.

According to cloud service providers, as digitalization advances, payments will become increasingly cloud-native, allowing them to use local, international and regional payment systems through a single interface. Providers must also manage changing financial and market challenges. Therefore, the platform-as-a-service market is likely to benefit from digitization, online payments, and the creation of new goods. Moreover, it provides state-of-the-art infrastructure to support digital transformation, which will increase the demand for PaaS architecture.

The North American PaaS market also faces major challenges. Since data is kept offsite when using a PaaS, data security must be considered and carefully considered. Vendor lock-in occurs when switching vendors is extremely expensive, causing the customer to choose another vendor. Customers are unable to switch vendors due to cost issues and a reduced workforce. Another major factor for vendor lock-in in the platform as a service industry is the lack of standardization.

Free sample report request– https://www.kenresearch.com/sample-report.php?Frmdetails=NTg0MjYx

Key segments covered in the North America PaaS market

North America PaaS Market by Deployment Type

public cloud

On the site

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 Company Type

Large companies

SME

North America PaaS Market by End User Industry Type

Banking, Financial Services and Insurance (BFSI)

Retail and consumer goods

Media and telecommunications

IT and ITS

Health care

Energy and utility

Automotive and transportation

Others

Free sample report request– https://www.kenresearch.com/sample-report.php?Frmdetails=NTg0MjYx

North America PaaS Market by Geography and Major Countries:-

UNITED STATES

Canada

Mexico

Key Target Audience:-

Business Platform as a Service (PaaS) Solution Providers

Enterprise Software Solution Providers

Enterprise Software Service Providers

Enterprise cloud infrastructure and solution providers

Enterprise software system developers and integrators

User Interface (UI/UX) Design Providers of Enterprise Software Solutions

Enterprise Software Solution Operating System (OS) Providers

Distributors of enterprise software solutions

Cloud infrastructure providers

Cloud software solutions developers

Distributors of cloud software solutions

Allied/auxiliary industries for PaaS solutions

Middleware vendors for PaaS

Potential investors in the PaaS solutions segment

Computer industry associations and ITES

Information Technology Service Departments

Communication Technology Service Ministries

Time period entered in the report: –

Historical period: 2017-2021

Forecast period: 2022-2027F

Companies mentioned: –

Main competitors in the PaaS market in North America

Amazon Web Services (AWS)

Google Cloud

Microsoft

AT&T Inc.

Dell Technologies, Inc.

IBM

Oracle

HPE

VMware Inc.

Selling power

Mendix

SAP SE

Free sample report request– https://www.kenresearch.com/sample-report.php?Frmdetails=NTg0MjYx

Emerging PaaS Companies in North America Mentioned in the Report:-

Outsystems

IntelePeer

Nodejitsu Inc.

Statusactive

Cloud connectors

Fintelics Technology Inc.

Hex data

Technogi

Gogirō

OneCloud

MCM Telecom

Main topics covered in the report:-

North America PaaS Market Overview

Industry value chain and ecosystem analysis

Market size and segmentation of the PaaS market in North America

Historical growth of the PaaS market and segments in North America

Market competition scenario and key competitor developments

Porter’s 5 Forces Analysis of the PaaS Industry in North America

Overview, product offerings and SWOT analysis of all major competitors

Impact of COVID-19 on the overall North America PaaS market

Future market forecasts and growth rates of the total North America PaaS market and by segments

End User Industries Market Size with Historical CAGR and Future Forecast

Analysis of the North America PaaS market in major North American countries

Main poles of production/consumption in the main countries

Main centers of production/supply and consumption/demand in each major country

Key historical and future market growth rates by country of total market and segments

Overview of North America’s Top Emerging PaaS Companies in Each Major Country

For more information on the research report, refer to the link below:
https://www.kenresearch.com/business-research/north-america-platform-as-a-service-paas-market-outlook-and-forecast-to-2027/

Related reports: –

https://www.kenresearch.com/business-research/europe-saas-based-scm-market-outlook-to-2027/

https://www.kenresearch.com/technology-and-telecom/telecommunications-and-networking/uae-data-center-and-cloud-services-market-/548808-105.html

Contact us:-
Ken Research
Ankur Gupta, Marketing and Communications Manager
Support@kenresearch.com
+91-9015378249

Frequently Asked Questions:-

What is the study period of this market report?

The North America PaaS market is covered from 2017 to 2027 in this report, which includes a forecast for the period 2022-2027.

What is the future growth rate of the PaaS market in North America?

The North America PaaS market is expected to grow at a CAGR above 20% over the next 5 years.

What are the key factors driving the PaaS market in North America?

Cost savings from shifting to PaaS model and rapidly growing mobile application development ecosystem are expected to drive the growth of the PaaS market in North America.

What is the fastest growing deployment segment in the PaaS market in North America?

Hybrid cloud is the fastest growing deployment segment in the PaaS market in North America.

Who are the key players in the PaaS market in North America?

Amazon Web Services (AWS), Google Cloud, Microsoft, AT&T Inc., Dell Technologies, Inc., IBM, Oracle, HPE, Vmware Inc., Salesforce, Mendix and SAP SE are the major companies operating in the PaaS market in North America North.

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana – 122001, India

Ken Research is a research-based management consulting firm. We provide strategic advice to help clients on critical business insights: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers and acquisitions, and sustainability across all industries and geographies. We provide business intelligence services and operational advice in over 300 verticals highlighting disruptive technologies, emerging business models with analysis of precedents and success case studies. Some of the best consulting firms and market leaders seek our intelligence to identify new revenue streams, customer/vendor paradigm and pain points and competitive due diligence.

We currently serve over 300 industries with over 150,000 search repositories in over 196 countries serving over 1,000 clients and have partnered with nearly 25 content aggregators.

This press release was published on openPR.