Report ID: SQMIG45F2103
Report ID:
SQMIG45F2103 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
148 |
Figures:
75
North America emerges as a highly promising region, particularly for significant verticals including information technology (IT), banking, financial services, and insurance (bfsi), as well as telecommunications. This region is poised to witness substantial growth, driven by the escalating budget allocations dedicated to cloud services by enterprises. The strategic emphasis on cloud adoption within North American enterprises serves as a pivotal force propelling the market.
The Asia Pacific region is poised to experience the highest CAGR in the forecasted period within the platform-as-a-service (PaaS) market. This upward trajectory is attributed to a growing emphasis on enhancing business scalability, bolstering performance, fortifying security measures, and optimizing operations. These strategic initiatives aim to ensure business resilience, sustainability, and effective control of infrastructure expenses.
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Report ID: SQMIG45F2103