{"id":8648,"date":"2013-08-23T07:45:00","date_gmt":"2013-08-23T07:45:00","guid":{"rendered":"http:\/\/www.cloudcomputing-news.net\/blog-hub\/2013\/aug\/23\/451-research-platform-as-a-service-paas-fastest-growing-area-of-cloud-computing\/"},"modified":"2013-08-23T07:45:00","modified_gmt":"2013-08-23T07:45:00","slug":"451-research-platform-as-a-service-fastest-growing-area-of-cloud-computing","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/451-research-platform-as-a-service-fastest-growing-area-of-cloud-computing\/","title":{"rendered":"451 Research: Platform-as-a-service fastest growing area of cloud computing"},"content":{"rendered":"<p>The majority of cloud computing revenue in 2012 was generated from vendors with sales over $75M (66%) and who are privately held (77%), with Platform-as-a-Service (PaaS) projected to attain a 41% compound annual growth rate (CAGR) through 2016.<\/p>\n<p>Market Monitor, a service of&nbsp;451 Research, is also predicting 36% CAGR in cloud computing, growing from $5.7B in 2012 to $20B by the end of 2016 in their Cloud-as-a-Service overview report. Other research firms including&nbsp;Gartner&nbsp;have much higher forecasts for cloud computing in general and IaaS, PaaS and SaaS specifically.<\/p>\n<p>Market Monitor relies on a bottoms-up forecasting methodology that includes revenue analysis and forecasts from 309 cloud-services providers and technology vendors across 14 sectors. Their taxonomy defining Cloud as a Service is shown in the following graphic:<\/p>\n<\/p>\n<p>Here are the key take-aways from the report:<\/p>\n<ul>\n<li>The cloud computing market will grow from $5.7B in 2012 to $20B in &#8230;<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The majority of cloud computing revenue in 2012 was generated from vendors with sales over $75M (66%) and who are privately held (77%), with Platform-as-a-Service (PaaS) projected to attain a 41% compound annual growth rate (CAGR) through 2016.<br \/>\nMarket &#8230;<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-8648","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/8648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=8648"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/8648\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=8648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=8648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=8648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}