Worldwide Competitive Public Cloud Platform as a Service Forecast, 2019–2023
This IDC study presents a view of PaaS revenue from the historical year 2018 through the 2019–2023 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."Chronic shortage of developers continue to plague enterprises in their digital transformation journey that drives demand for tools to accelerate productivity," says Larry Carvalho, research manager, IDC's Platform as a Service. "Approaches like low-code/no-code and serverless architecture are growing in popularity while integration and analytics are becoming the services of choice to deliver end-user value through applications. Open source PaaS initiatives are getting a lot of innovation through community support and accelerating the life-cycle journey in the container and microservices architecture."
Please Note: Extended description available upon request.
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