Public Cloud Platform as a Service (PaaS) Market Expected to Generate Revenue of $9.12 Bn, Growing at a CAGR of Slightly Above 30% by 2021
Platform as a Service has achieved widespread popularity amongst agile application development crews who wants to start their products into the cloud. PaaS hosting is a competitive market with providers taking efforts to present larger benefits over their competition to gain competitive advantage. PaaS is cloud model intended for software developers that streamline the development process by transferring particular facets of systems management to the service provider. There are numerous types of PaaS available such as private, public and hybrid.
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