ReportsnReports Adds Global PaaS Market 2010-2014
TechNavio’s analysts forecast that the Global PaaS market to grow at a CAGR of 26 percent over the period of 2010–2014. One of the key factors contributing to this market growth is the need to reduce the overall organizational IT service cost. The Global PaaS market has also been witnessing increasing cross-cloud application development activity. However, increasing concerns about data security in cloud applications could pose a challenge to the growth of this market.
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