Worldwide Competitive Public Cloud Platform as a Service Forecast, 2017–2021
This IDC study presents a view of PaaS revenue from the historical year 2016 through the 2017–2021 forecast period. It includes high-level breakdowns of PaaS submarkets and geographic regions and offers analysis of key trends, including revenue growth drivers and inhibitors."Digital disruption of multiple industries continues to grow with start-ups leveraging new information sources and automating traditional business processes," says Larry Carvalho, research manager, IDC's Platform as a Service. "Traditional enterprises have to initiate new business initiatives leveraging new platform technologies while migrating and refactoring their current IT environment. With the increase in data and the need for analytics harvested using information from a variety of sources, applications that are needed to leverage value from data will continue to grow PaaS revenue over the next few years."
Please Note: Extended description available upon request.