Report Id: TM3PM117
3rd Platform Market by Technology (Cloud, Big Data, Social & Mobile), by Verticals (Telecom, BFSI, Healthcare & Manufacturing) and by Services – Global Trends & Forecast, 2022-2027
The 3rd platform market is growing rapidly at a CAGR of 7.5% during the period 2022-2027. The global 3rd platform market is expected to grow in future mainly driven by the adoption of technologies cloud, mobile, social and big data.
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Major Players
- IBM
- Salesforce
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
7
REPORT DESCRIPTION
The 3rd platform is built on a foundation of cloud, mobile, social, and Big Data technologies. The overall market of 3rd platform is expected to grow, largely driven by the increased adoption of cloud services across the globe. As Industry is moving towards innovation and enterprises are looking to gain competitive edge, 3rd platform spending across the globe is expected to capture major share in the overall ICT spending. 3rd platform will enable all the digital transformation and expansion of each and every software industry in coming ten years.
The 3rd platform market is growing rapidly at a CAGR of 7.5% during the period 2022-2027.
The global 3rd platform market is expected to grow in future mainly driven by the adoption of technologies cloud, mobile, social and big data. The technologies segment have greater market share and will drive the market more than the services segment. Moreover, the factors are also cost, ease of access, self-provisioning and sales channels. The lack of verification of cloud and mobile data and security reasons will impact the market in near three to four years. As the use of 3rd platform reduces the cost of ownership and offers new services to penetrate in the organization, its usage will increase giving more opportunities to the vendors. Thus, they are coming up with cross platforms which can extract more information from web, track and analyze it to make informed decisions. Also, most of the start-ups are following it as their strategy and capturing the market. Some of the key vendors present in the market are Facebook, IBM, LinkedIn, and Salesforce.com.
The report also talks about companies to watch for such as MobileIron, RightScale, and Splunk. This study covers and analyses “3rd platform market” globally. Bringing out the complete key insights of this industry, this reports aims to provide opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.
Global 3rd Platform Market is segmented on the below basis;
By Technology:
Cloud Big
Data Social Mobile
By Verticals:
Telecom
BFSI
Healthcare
Transportation Manufacturing
Energy & Utilities
Retail
Others
By Services:
IT & Networking
Consulting Services System
Integration Services
Custom Application Development Services
By Geography:
North America
Western Europe
Asia-Pacific Eastern
Europe & CIS
Middle East & Africa Latin America
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Global 3rd Platform Market is segmented on the below basis;
By Technology:
Cloud Big
Data Social Mobile
By Verticals:
Telecom
BFSI
Healthcare
Transportation Manufacturing
Energy & Utilities
Retail
Others
By Services:
IT & Networking
Consulting Services System
Integration Services
Custom Application Development Services
By Geography:
North America
Western Europe
Asia-Pacific Eastern
Europe & CIS
Middle East & Africa Latin America
Got a question? We've got answers. If you have some other questions, see our support center.
What is the predicted growth rate of 3rd platform market?
The market is expected to grow at a CAGR of 7.5% during the study period (2022-2027)
What is the segment’s covered for the 3rd platform market?
The segment included in 3rd platform market is Technology, Verticals, Services and Region.
Who are the major key vendors in the 3rd platform market?
Some key players operating in the 3rd platform market include Facebook, IBM, LinkedIn, and Salesforce
What are the different forms of the report available?
We can offer several formats of the market research reports including,
• PDF
• PPT
• Spreadsheet/ Workbook
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