This IDC study provides the worldwide cloud application deployment platforms market forecast for 2024–2028. It also presents regional and deployment-based forecasts. This market is tracked in IDC’s Worldwide Semiannual Public Cloud Services Tracker.“IDC’s 2023 PaaS Decision Maker & Business Value Survey found that 75% of organizations prefer to purchase application platforms and/or PaaS capabilities from third-party vendors, which is fueling the cloud application deployment platforms market’s projected 21.4% growth rate,” said Matt Flug, research manager, Cloud Application Deployment Platforms at IDC. “As a result of heightened demand for complex intelligent applications, the growth of platform engineering, and the rise of multicloud and hybrid cloud strategies, cloud application deployment platforms are now a paramount to enable the effective and efficient development and deployment of modern applications.”
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Demand for GenAI
Adoption of Hybrid Cloud and Multicloud Strategies
Growing Popularity of Functions as a Service
Inhibitors
Internal Platform Engineering
Security Concerns
Significant Market Developments
Changes from Prior Forecast
Market Definition
Deployment-Centric Application Platforms
Application Server Software Platforms
Cloud Deployment-Centric Application Platforms
Software-Defined Compute
Container Infrastructure Software
Event Stream Processing Software
Functions Software
Methodology
Historical and Forecast Market Values and Exchange Rates