Global PaaS Market to Grow at a CAGR of 27.31% over Forecast 2015-2019
PaaS is a category of cloud computing services that provides application development platform with a development tool hosted in the cloud and accessed through a web browser. The cloud resources are deployed and managed by cloud service providers while end-users have the liberty to use the service on a pay-per-use basis. With the PaaS solution, developers can build web applications without installing any tools at their end and deploy applications without any specialized system administration skills.
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