Platform as a Service (PaaS) (Public, Private and Hybrid Cloud) Market: Industry Insights, Trends and Forecast Up to 2020
'Platform as a Service' (PaaS) in combination with IaaS and SaaS is a cloud computing service model. The global Platform as a Service (PaaS) market was valued at USD 1.60 billion in 2013 and is forecast to grow at a CAGR of 25.7% from 2014 to 2020. PaaS, due to its service model, allows for low capital investment. It enables the deployment of applications without the need for provisioning hosting capabilities. It, thus, helps save on the cost incurred for...
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