United Kingdom (UK): platform as a service market revenue 2018-2028

The revenue in the 'Platform as a Service' segment of the public cloud market in the United Kingdom was forecast to continuously increase between 2023 and 2028 by in total 2.5 billion U.S. dollars (+59.95 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 6.62 billion U.S. dollars and therefore a new peak in 2028. Notably, the revenue of the 'Platform as a Service' segment of the public cloud market was continuously increasing over the past years.

Find more in-depth information regarding the revenue concerning the public cloud market in France and the revenue concerning the public cloud market in Portugal.

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Revenue of the platform as a service market in the United Kingdom from 2018 to 2028 (in billion U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

Platform as a Service (PaaS) refers to the type of public cloud service that provides a ready-to-use platform and environment for developers to build, deploy, and manage applications. PaaS offers tools, frameworks, and services that streamline the development process, thus eliminating the need to manage the underlying infrastructure. It allows developers to focus on the tasks of writing code and creating applications without worrying about server setup or maintenance. The PaaS market includes the companies that provide these types of public cloud resources and services to individuals, businesses, and organizations. A typical example of this type of service is Google App Engine.

Additional Information:

The Platform as a Service (PaaS) market comprises revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players of the PaaS market include companies such as Amazon (Amazon web services), Microsoft (Azure), Google (App Engine), and IBM (Cloud).

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