PaaS development is both a challenge and an opportunity

Source: Internet
Author: User
Keywords PaaS
Tags application close development growing it is market paas released

According to the latest survey released by Technavio, one of the world's most authoritative research institutes, the market for PaaS is expected to reach 6.45 billion U.S. dollars by 2016, growing at a CAGR of nearly 50% and the fastest growth expected The application infrastructure and PaaS middleware.

The researchers said there are currently 1.31 billion U.S. dollars in this market and it is estimated that this figure will rise to 1.85 billion U.S. dollars by the end of this year. This projection is very close to Gartner, which predicted that PaaS will reach $ 1.2 billion by the end of 2012. However, TechNavio also noticed that the current market is facing some difficulties, especially in terms of best practices and accepted standards On the missing.

PaaS is the smallest segment of the cloud computing market and is also recognized as the fastest growing. Earlier this year, Informatica's Juan Carlos Soto said PaaS is "growing from the smallest foundation to the fastest foreseeable business."

The report also noted that "most organizations are aware that there is an advanced system requirement here, such as improving the development process, deploying and managing enterprise applications, while some investment businesses do not include PaaS software vendors, As developing markets face fierce market competition, they must start focusing on PaaS expertise. "

More than three-quarters of respondents said they use PaaS concurrently with SaaS (software as a service), whereas 32.6% use PaaS independently, but the use of PaaS alone is on an upward trend from a year ago, Market construction, compared with 36.5% of the end of this year, is expected to reach 41.5% by 2016 alone.

By sector, the most popular PaaS sector is manufacturing, accounting for 21.5% of respondents, 20.2% for financial services, 16.1% for communications, 15.6% for government and fifth for retail , Accounting for 10.2%.

Through analysis, the report gives a final conclusion: The development of PaaS is both a challenge and an opportunity.

"Despite some challenges, the global PaaS market still shows tremendous growth potential," said TechNavio analysts. The market is still worth the wait due to various positive factors. From 47% in 2014 and 52.9% in 2015, the challenging environment will be improved and the market will peak in 2016. It is estimated that At that time, the growth rate will reach 55%.

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