PaaS market to hit $1.2 billion this year, Gartner says

11/19/2012 | · ZDNet

The platform-as-a-service market will be worth $1.2 billion this year, one-third more than in 2011, Gartner says. The market-research firm predicts PaaS market spending will increase to $1.5 billion next year and to $2.9 billion by 2016. The U.S. accounts for 42% of the market, Gartner says.

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