The global cloud computing platform-as-a-service (CPaas) market size is expected to be worth around US$ 40.8 billion by 2030, according to a new report by Vision Research Reports.
The global cloud computing platform-as-a-service (CPaas) market size was valued at US$ 4305.20 million in 2020 and is anticipated to grow at a CAGR of 43.2% during forecast period 2021 to 2030.
|Market Size||US$ 40.8 Bn by 2030|
|Growth Rate||CAGR of 43.2% From 2021 to 2030|
|Forecast Period||2021 to 2030|
|Segments Covered||Solution, Deployment, Organizational Size, Industry Vertical|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
|Companies Mentioned||Amazon web services, Salesforce Platform, IBM Corporation., Red Hat Inc., EMC Corporation., AT&T Inc., Microsoft Corporation., Google Inc., Oracle Corporation, SAP SE Inc.|
Consumers are in the early innings of a technology-driven, decade long investment cycle centered on data-focused technologies like Artificial Intelligence, Machine Learning, Automation, Digitalization and Internet of Things. The C-PaaS (Platform as a Service) Market is propelling by these factors. Greater adoption of work from home will likely drive increased demand for faster and more omnipresent broadband networks by consumers and C-PaaS providers.
The pandemic has had a positive impact on the C-PaaS market growth. The major reason for the positive impact on the market is a rise in the demand for cloud-based business continuity tools and services, high dependency on public cloud services to meet their near-term business goals, and increased spending on cloud services by major industries due to COVID-19.
Majior Impacting Factors:
Rise in the adoption of cloud-based technology
The enterprises are migrating significant processing, systems of engagement and systems of insight to the cloud thus raising the adoption to a very high rate from the past few years. Small and medium enterprise are majorly adopting the cloud technology as it reduces the complex of basic offers decreased infrastructure cost with increased operational efficiency and efficient delivery of services are some of the major key driving factors of this market.
Government initiatives toward the digitalization
The aim of this initiative is to implement various components, which include governance mechanism in order to ensure proliferation of cloud in the government. The main focus of this initiative is to accelerate delivery of e-services in the country while optimizing ICT spending of the government.
This study presents the analytical depiction of the global cloud computing platform-as-a-service market archiving industry along with the current trends and future estimations to determine the imminent investment pockets.
Amazon web services
Red Hat Inc.
SAP SE Inc.
Business Intelligence Platform
Database Management systems
Application Infrastructure and middleware
By Deployment Type
By Industry Vertical
IT & Telecom
By Organizational Size
Small & Medium Enterprise
Middle East & Africa (MEA)
The Cloud Computing Platform-As-A-Service (CPaas) market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Cloud Computing Platform-As-A-Service (CPaas) market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Cloud Computing Platform-As-A-Service (CPaas) market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cloud Computing Platform-As-A-Service (CPaas) market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Cloud Computing Platform-As-A-Service (CPaas) market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Cloud Computing Platform-As-A-Service (CPaas) capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Cloud Computing Platform-As-A-Service (CPaas) by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Cloud Computing Platform-As-A-Service (CPaas) market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Cloud Computing Platform-As-A-Service (CPaas) market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Cloud Computing Platform-As-A-Service (CPaas) market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Cloud Computing Platform-As-A-Service (CPaas) industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Cloud Computing Platform-As-A-Service (CPaas) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Cloud Computing Platform-As-A-Service (CPaas) market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Cloud Computing Platform-As-A-Service (CPaas) market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Cloud Computing Platform-As-A-Service (CPaas) market. These factors have benefited the growth of the global market for Cloud Computing Platform-As-A-Service (CPaas). Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Cloud Computing Platform-As-A-Service (CPaas). The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Cloud Computing Platform-As-A-Service (CPaas) are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are: