A segment of cloud computing, platform as a service (PaaS) provides a virtual platform for users to develop and run applications and software over the internet, eradicating the need of physical infrastructure and extra amount to be spent on purchase of underlying software and hardware. PaaS services can be accessed remotely using web applications such as web browsers. Collectively with other components software as a service (SaaS) and infrastructure as a service (IaaS), a cloud computing service model is formed. PaaS services come with pre-configured features, thereby privileging users to subscribe for the service as per their requirement and finally paying as per their usage. Consequently, packages includes supplying the infrastructure options for advanced development to simple point-and-click frameworks requiring no client side hosting. PaaS can be delivered as public cloud service from a provider or as a software installed on private data centers or public infrastructure as a service managed by internal IT departments. The major advantage of PaaS is that it allows higher-level programming with dramatically reduced complexity. With in-built infrastructure and easy maintenance and enhancement of the applications, the overall development is triggered. In addition, PaaS provides multi-function options wherein multiple users can work on the same project at the same time located remotely. In addition, PaaS provides low capex with promising substantial growth in service usage, automated deployment, life cycle management, and management services.
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The global PaaS market has been segmented on the basis of deployment model into public cloud, private cloud, and hybrid cloud. In addition, the global PaaS market has segmented based on solution types into application development, business intelligence platform (BIP), application infrastructure and middleware (AIM), and...