target audience: TECH SUPPLIER Publication date: Jul 2023 - Document type: Market Forecast - Doc Document number: # US50995323
Worldwide Public Cloud Platform as a Service Forecast, 2023–2027
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Abstract
This IDC study provides the worldwide public cloud platform as a service (PaaS) market forecast for 2023–2027. It also presents regional and submarket forecasts.
"The public cloud PaaS market delivered more than 32% of annual growth in 2022, indicative of the success that customers are achieving with cloud providers as strategic partners," said Lara Greden, research director, PaaS, at IDC. "Cloud providers continue to be incredibly well positioned to serve customer needs for innovation in application development and deployment, including as data, AI/ML, and edge needs continue to define the forefront of innovation."