Transparency Market Research: Global PaaS Market Worth $8B by 2020
A new Transparency Market Research report predicts that the global platform-as-a-service market will achieve a compound annual growth rate of 25.7 percent through 2020 to reach a market value of $7.98 billion. The firm said Tuesday that the growth is due to companies adopting PaaS to lower capital expenses while allowing increased operational expenses. It added that other perceived benefits to PaaS include scalability, […] More