Trends Report

Platform-As-A-Service Market Sizing

A New $15-Billion-Plus Market Awaits Vendors

July 13th, 2009
With contributors:
Jean-Pierre Garbani , Andrew Bartels , Miroslaw Lisserman

Summary

The increasing adoption of software-as-a-service (SaaS) across the world requires software vendors to look for a more efficient way of deploying business applications on multitenant platforms. Because independent software vendors (ISVs) are starting to realize the value of platform-as-a-service (PaaS) offerings, Forrester has applied its sizing methodology for emerging markets to this new platform market. A 6-step approach provides a reproducible sizing tool and can be updated by vendor strategy professionals depending on the economic climate. Based on the current assumptions, the PaaS market will grow over eight years to a size of $15.2 billion in total volume.

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