Dublin, Sept. 09, 2025 (GLOBE NEWSWIRE) -- The "Platform-as-a-Service (PaaS) - A Global Market Overview" has been added to ResearchAndMarkets.com's offering.
The global Platform-as-a-Service (PaaS) market is experiencing rapid growth as more organizations transition to cloud-native application development, seeking scalable, cost-efficient environments to drive innovation. PaaS facilitates application building, testing, and deployment without complex infrastructure management, leading to widespread adoption across sectors like BFSI, IT & telecom, healthcare, and retail. Businesses leverage PaaS platforms to expedite digital transformation, streamline DevOps, and deploy data-driven applications with increased agility. Key drivers include the adoption of real-time analytics, IoT, low-code/no-code tools, and hybrid and multi-cloud strategies.
The global PaaS market, set to expand from US$93.9 billion in 2024 to US$264.2 billion by 2030 at a CAGR of 18.8%, is attracting enterprises and SMEs aiming to reduce capital expenditures and improve time-to-market. The surge of database PaaS (dbPaaS), integration PaaS (iPaaS), and serverless computing is transforming application development and scaling. Meanwhile, the rise of AI-powered capabilities is prompting vendors to offer more tailored solutions. As digital transformation advances, particularly in Asia-Pacific and North America, PaaS remains a core component of enterprise IT modernization strategies.
Platform-as-a-Service (PaaS) Regional Market Analysis
North America leads the global PaaS market, with a 2024 share of 32.4% due to early cloud technology adoption and the presence of major PaaS providers like AWS, Microsoft Azure, Google Cloud, and IBM Cloud. Investments in R&D have fostered innovation in AI, machine learning, and serverless computing. However, Asia-Pacific is expected to experience the fastest growth from 2024 to 2030, with a CAGR of 22.8% and a projected market worth of over US$72 billion by 2030. The rapid digital transformation in countries like China, India, Japan, and Singapore is pushing businesses to adopt PaaS for competitive edge.
Platform-as-a-Service (PaaS) Market Analysis by Service Type
Database PaaS (dbPaaS) holds the largest share of 40.8% in 2024. It offers scalable and flexible database management in the cloud, reducing the need for on-premises infrastructure. Integration PaaS (iPaaS) is set to grow rapidly, with a 2024-2030 CAGR of 22.4%, due to the increase in digital transformation and SaaS applications, facilitating efficient cross-system integration. iPaaS enables real-time data exchange and business process automation, crucial for industries like healthcare and BFSI.
Platform-as-a-Service (PaaS) Market Analysis by Deployment Type
Public Cloud PaaS, at 62.7% market share in 2024, is favored for its cost-effectiveness and scalability. Platforms like AWS Elastic Beanstalk and Google App Engine simplify application development and deployment. Hybrid Cloud is projected to grow the fastest, with a 22.1% CAGR from 2024-2030, allowing organizations to comply with regulations while leveraging cloud resources for non-sensitive tasks.
Platform-as-a-Service (PaaS) Market Analysis by Company Type
Large Enterprises, with a 64.7% share in 2024, dominate the demand for PaaS due to complex IT needs and resources. However, SMEs are expected to experience a robust CAGR of 21.1% by 2030, needing accessible, scalable solutions to compete effectively. PaaS provides SMEs with the ability to manage fluctuating workloads without heavy infrastructure investments.
Platform-as-a-Service (PaaS) Market Analysis by Industry Sector
IT & Telecom leads the PaaS market with a 21.1% share in 2024, relying on scalable cloud platforms for network and data-intensive applications. BFSI is anticipated to have the highest CAGR of 23.3% due to the drive for digital transformation, regulatory compliance, and enhanced customer experiences. PaaS enables rapid app development in BFSI, enhancing customer-facing platforms with AI and analytics capabilities.
Platform-as-a-Service (PaaS) Market Report Scope
This report analyzes global and regional PaaS markets by Service Type, Deployment Type, Company Type, and Industry Sector from 2021-2030, with projections in US$.
Key Metrics
- Historical Period: 2021-2024
- Base Year: 2024
- Forecast Period: 2025-2030
- Units: Value market in US$
- Companies Mentioned: 25+
- Alibaba Cloud
- Amazon Web Services, Inc.
- Atos SE
- Broadcom Inc.
- Cisco Systems, Inc.
- Dell Technologies Inc.
- DevFactory FZ LLC
- Furukawa Electric Co. Ltd.
- IBM Corporation
- Microsoft
- Nutanix Inc.
- Oracle Corp.
- Platform.sh SAS
- Progress Software Corp.
- Salesforce, inc.
- SAP SE
- ServiceNow
- Siemens AG
- Software AG
- Tata Sons Pvt. Ltd.
- Tencent
- Virtuozzo International GmbH
- VMware Inc.
- Zerone Consulting Pvt. Ltd.
- Zoho Corp. Pvt. Ltd.
Platform-as-a-Service (PaaS) Market by Geographic Region
- North America (United States, Canada, Mexico)
- Europe (Germany, United Kingdom, France, Italy, Netherlands, Spain, Russia, Switzerland, Rest of Europe)
- Asia-Pacific (China, Japan, India, Australia, Singapore, South Korea, Rest of Asia-Pacific)
- South America (Brazil, Argentina, Colombia, Chile, Peru, Rest of South America)
- Middle East & Africa (United Arab Emirates, South Africa, Egypt, Saudi Arabia, Morocco, Kuwait, Qatar, Rest of Middle East & Africa)
Platform-as-a-Service (PaaS) Market by Service Type
- Database PaaS (dbPaaS)
- Application PaaS (aPaaS)
- Integration PaaS (iPaaS)
- Other Service Types
Platform-as-a-Service (PaaS) Market by Deployment Type
- Public Cloud
- Private Cloud
- Hybrid Cloud
Platform-as-a-Service (PaaS) Market by Company Type
- Large Enterprises
- Small & Medium-sized Enterprises (SMEs)
Platform-as-a-Service (PaaS) Market by Industry Sector
- BFSI
- IT & Telecom
- Manufacturing
- Government
- Healthcare
- Retail & Ecommerce
- Energy & Utilities
- Transportation
- Education
- Other Industries
Key Attributes
| Report Attribute | Details |
| No. of Pages | 480 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $93.9 Billion |
| Forecasted Market Value (USD) by 2030 | $264.2 Billion |
| Compound Annual Growth Rate | 18.8% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/i7lis9
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