Turkey Platform as a Service Market is Expected to Grow with a High CAGR in the Forecast Period.
The increased need for innovative technologies like as
artificial intelligence (AI) and machine learning will drive the Turkey Platform
as a Service market between 2024 and 2028.
According to
TechSci Research report, Turkey Platform as a Service Market - By Region,
Competition Forecast & Opportunities, 2018-2028F, The Turkey Platform as a
Service Market is expected to register robust growth during the forecast period
2024-2028. Artificial intelligence, the internet of
things, and other technologies are boosting the Platform-as-a-Service industry.
Customers that use Platform as a Service are given a computer platform as well
as a number of tools or solutions for developing apps. Platform as a Service
facilitates the creation of applications or services without the hassle of
setting up hosting resources or the expense of maintaining and purchasing the
underlying software and hardware. As a result, Platform as a Service offers
cheap startup costs, resource sharing, additional costs as your service
consumption increases, management services, automated deployment, reuse, and
life-cycle management. Furthermore, Platform-as-a-Service provides the
population with several benefits such as data breach protection, easy access to
data from anywhere in the world at any time, and reduced IT expenditures, among
others, which may be attributed to the increase in demand for
Platform-as-a-Service in the Turkey market.
The Turkey Platform as a Service
(Platform-as-a-Service) market is a rapidly growing segment of the country's
technology industry, driven by increasing demand for cloud-based solutions
across various industries. Platform as a Service provides businesses with
access to cloud computing resources, data management, big data and analytics,
artificial intelligence, and machine learning, enabling them to optimize
operations, reduce costs, and enhance productivity.
Turkey has similarly adopted
the Cloud First Policy. This strategy aims to hasten the transfer of government
enterprises from traditional IT systems to cloud-based alternatives. Except for
agencies primarily responsible for national cyber security and safety, this
policy applies to government and semi-government organizations. Furthermore,
Turkish SMEs have begun to embrace Platform-as-a-Service, along with the
prevalence of COVID-19 accelerating the impact. To meet their technology needs,
more than a quarter of businesses in the kingdom intend to adopt a mix of
on-premises/dedicated private clouds, diverse public clouds, and legacy systems.
The Internet of Things, artificial intelligence, and other technologies, all
have a favorable impact on the Platform-as-a-Service business. Platform-as-a-Service
may be responsible for the growth in Platform-as-a-Service demand in the Turkey
market since it gives numerous benefits to the people, such as data breach
protection, easy access to data from anywhere in the globe at any time, and
lowered IT expenditures. This is the primary driver of demand for
Platform-as-a-Service, across the country.
Platform-as-a-Service enables
firms to function and respond to changing market conditions in a more timely
and effective manner. It facilitates the consumerization of technology. It has
opened hitherto unexplored avenues for creating tremendously engaging consumer
experiences. Platform-as-a-Service has altered how individuals and businesses
interact, allowing many business lines to transcend technical boundaries. Cloud
advancements have a significant impact on enterprise investment plans, digital
business decision-making methods, and vendor and technology decisions.
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Figures spread through XX Pages and an in-depth TOC on the "Turkey Platform as a Service Market”
Turkey Platform as a Service Market is divided into Type, Deployment,
Organization Size and Industry Vertical, Based on Type, the market is divided into Application Platform as a
Service, Integration Platform as a Service, Database Platform as a Service. Application
Platform as a Service will dominate this market in the forecasting period.
Based on Organization Size, the market divided into Large Enterprise,
Small & Medium Enterprise. The small & Medium Enterprise will dominate
this segment due to it larger presence in the Turkish market.
Based on Industry Vertical, the market is divided into BFSI, Consumer
Goods, IT & Telecom, Manufacturing, Healthcare, Energy & Utilities,
Others.
Key market
players in the Turkey Platform as a Service Market include:
- IBM
Turkey
- Ronwell
Digital
- Heraklet
Information Technologies
- Oracle
Turkey
- Commencis
- TecHive
Yazilim
- NourNet
- SYNETA
- Innova, a
Turk Telekom Company
- Suncode
IT Solutions and Consultancy Ltd. Co.
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“Due to the global pandemic that has affected the global
economy, particularly the Turkish economy, it is projected that the
Platform-as-a-Service sector in Turkey would see significant consequences
during the next five years. The number of people performing their whole
network-based job from home has greatly raised the demand for
Platform-as-a-Service in the nation. Furthermore, Platform-as-a-Service lowers
IT expenses, which might be extremely helpful for the nation during the
COVID-19 era and is predicted to grow throughout the projection period of 2024-2028.”
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based global management consulting firm.
Turkey Platform
as a Service Market by Type (Application Platform as a Service, Integration Platform
as a Service, Database Platform as a Service), By Deployment (Private and
Public), By Organization Size (Large Enterprise, Small & Medium
Enterprise), By Industry Vertical (BFSI, Consumer Goods, IT & Telecom,
Manufacturing, Healthcare, Energy & Utilities, Others) By Region,
Competition Forecast and Opportunities, 2028F has assessed the Turkey Platform as a
Service market's future development potential and provides data and information
on market size, structure, and projected market growth. The report's goal is to
give current market knowledge and assist decision makers in making informed
investment decisions. Furthermore, the study identifies and analyses emerging
trends, as well as key drivers, constraints, and opportunities in the Turkey Platform
as a Service market.
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