target audience: TECH SUPPLIER Publication date: Sep 2024 - Document type: Market Analysis Perspective - Doc Document number: # US51562023
Market Analysis Perspective: Worldwide Public Cloud Platform as a Service, 2024
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Abstract
This IDC Market Analysis Perspective covers the worldwide public cloud platform-as-a-service (PaaS) market. It provides data and perspectives related to the cloud platform services developers use to deliver modern applications.
"The public cloud PaaS market delivered more than 29% of annual growth in 2023, demonstrating the success that PaaS providers are achieving," said Adam Reeves, research director, PaaS for Developers of Modern and Edge Applications, at IDC. "Market growth has been, and will continue to be, largely driven by artificial intelligence platforms. Providers are endeavoring to deliver offerings that ease developer burden by enabling them to dedicate more time to development tasks, write code more efficiently, and deliver better applications using artificial intelligence."