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Market Snapshot: PaaS

• PaaS will grow 41% CAGR through 2016, generating 24% of total
cloud revenue with IaaS predicted to reach 37% CAGR through
2016, generating 51% of cloud revenue.

• Gartner’s research pretty much flips these two categories,
predicting IaaS will be the top growing cloud service (41% CAGR
between 2011 and 2016) with PaaS coming in second (nearly
28% CAGR between 2011 and 2016).

• By 2015, cloud-based solutions will be growing at
a faster rate than on-premises solutions.

• By 2015, 50% of all new application independent software vendors
(ISVs) will be pure software-as-a-service (SaaS) providers #

• Cisco estimate the worldwide IaaS service revenues to be $15.6 billion