PUBLISHER: Grand View Research | PRODUCT CODE: 1554149
PUBLISHER: Grand View Research | PRODUCT CODE: 1554149
The global platform engineering services market size was estimated at USD 5.54 billion in 2023 and is expected to grow at a CAGR of 23.7% from 2024 to 2030. Platform engineering services are being increasingly adopted across various sectors such as BFSI, healthcare, retail, and manufacturing, driving market growth. Organizations are deploying applications across multiple cloud environments, necessitating advanced platform management and integration solutions. Moreover, businesses are increasingly migrating to cloud environments for better scalability, flexibility, and cost efficiency. The adoption of DevOps and CI/CD (Continuous Integration/Continuous Deployment) practices requires platforms that support automation, testing, and deployment pipelines.
Innovations such as 5G, edge computing, and blockchain are creating new opportunities and driving growth in platform engineering services. Advances in DevOps tools and automation are enhancing platform capabilities and driving demand. Growth in emerging markets is contributing to the expansion of the platform engineering services market as organizations in these regions adopt advanced technologies. Businesses are looking for ways to optimize costs and improve operational efficiency, which drives demand for advanced platform solutions.
Businesses are investing in platforms that offer personalized customer experiences and advanced analytics to drive engagement and retention. Integration of multiple customer touchpoints into a cohesive platform enhances user experience and drives demand. Adherence to regulations such as GDPR, HIPAA, and PCI-DSS drives the need for secure and compliant platform solutions. Increasing cyber threats and the need for data protection boost demand for secure platform engineering services.
Global Platform Engineering Services Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global platform engineering services market report based on deployment, organization size, service type, vertical, and region.