PaaS Unleashed: Navigating the Dynamics of a USD 227.5 Billion Market by 2030

The Platform-as-a-Service Market is projected to reach $227.5 billion by 2030, at a CAGR of 16.8% during the forecast period 2023–2030. The growth of this market is driven by the increasing adoption of cloud computing technology, the growing implementation of IoT technology, and the rising need to reduce time to market and application development costs. However, data security & privacy concerns restrain the growth of this market.