Platform as a service (PaaS) – market is expected to grow at a CAGR of 26%
Key growth factor(s): the need to reduce the overall organizational IT service cost
Platform as a Service (PaaS). The capability provided to the end user is to deploy onto the cloud infrastructure consumer-created applications using programming languages and tools supported by the provider (e.g., java, python, .Net). The user does not manage or control the underlying cloud infrastructure, network, servers, operating systems, or storage, but the end user has control over the deployed applications and possibly application hosting environment configurations.