Platform Architecture Market Understanding the Key Product Segments and their Future 2017-2027

Press Release

Platform architecture are adopted by several enterprises in order to analyze system performance on a single screen. Platform architecture is a standard graphical environment which is used for capturing, simulating, and analyzing data. Platform architecture permits system designers to optimize and explore hardware-software partitioning and infrastructure configuration to achieve precise system performance and it is cost effective.

Platform architecture helps architects to build task driven work-load models for early architect analysis. Enterprises are implementing platform architecture which help them to respond quickly to the changing market conditions and it also improves operational efficiency.

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Platform Architecture Market:Drivers and Challenges

Cloud and internet of things (IoT) platform architectures are the major factors driving the platform architecture market. Internet of things platform architecture helps to set a base for building, managing and for securing fundamentals in the IoT. Moreover, Enterprises are implementing cloud platform architecture to provide both a runtime environment and development to cloud application through its various services such as platform as a service (PaaS). Cloud platform architecture offers several solutions such as on-demand extension and on-premise extension. Hadoop architecture platform is one of the emerging and another factor driving the platform architecture market in positive manner .

Developing a scalable architecture for an application is one of the major challenge faced by the platform architecture market.

Platform Architecture Market: Segmentation

Segmentation on the basis of deployment type:

  • Cloud based
  • On-premise

Segmentation on the basis of services type:

  • Software-as-a-service (saas)
  • Platform-as-a-service (paas)

Segmentation on the basis of verticals:

  • IT and Telecom
  • Government
  • BFSI
  • Retail
  • Manufacturing
  • Others

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Platform Architecture Market: Key Players

Some of the key players of the market of platform architecture are: SAP SE, Cisco, Google, Synopsys Inc., Microsoft Corp., Oracle, IBM Corp., Apprenda Inc., RNF technologies.