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Cloud Computing Platform-As-A-Service Market CAGR 43.2% – 2030

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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.

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Report Coverage

Report Scope Details
Market Size US$ 40.8 Bn by 2030
Growth Rate CAGR of 43.2% From 2021 to 2030
Base Year 2021
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.

Growth Factors

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.

Key Players

 Amazon web services

Salesforce Platform

IBM Corporation.

Red Hat Inc.

EMC Corporation.

AT&T Inc.

Microsoft Corporation.

Google Inc.

Oracle Corporation

SAP SE Inc.

Market Segmentation

  • By Solution
    • Application Platform
    • Business Intelligence Platform
    • Database Management systems
    • Application Infrastructure and middleware
  • By   Deployment  Type
    • Electric
    • Solar
  • By Industry Vertical
    • IT & Telecom
    • BFSI
    • Consumer goods and retails
    • Education
    • Gaming
    • Logistics & Transportation
    • Travel & Hospitality
    • Mobile & Entertainment
    • Government & Public sector
    • Healthcare & Life Science
  • By Organizational Size
    • Small & Medium Enterprise
    • Large Enterprise
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Germany
      • France
    • Asia Pacific
      • China
      • Japan
      • India
    • South America
      • Brazil
    • Middle East & Africa (MEA)

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Daksh

Daksh is an SEO Analyst having 3 years of experienced. we can quickly understand and support initiatives that will contribute to the goals and success of client campaigns. and also Perform keyword research in coordination with client business objectives to optimize existing content and uncover new opportunities.

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