Platform as a Service (PaaS) Market: Global Industry Analysis and Forecast (2024-2030)

Global Platform as a Service (PaaS) Market size was valued at USD 81.30 Bn in 2023 and is expected to reach USD Bn by 2030, at a CAGR of 20.22%.
Platform as a Service (PaaS) Market Overview

Platform as a Service (PaaS) redefines the landscape of cloud computing by providing developers a sanctuary to create, launch, and manage Verticals sans the complexities of infrastructure management. Within its structured framework brimming with tools, libraries, and middleware, PaaS seamlessly simplifies the development journey, liberating teams to focus their efforts on software creation rather than grappling with intricate hardware or software nuances. Nestled between Infrastructure as a Service (IaaS) and Software as a Service (SaaS), PaaS strikes an exquisite balance, granting both control and convenience.