Digital twins as-a-service (#DTaaS) 🖥️
#Digital twins 🤖 are virtual representations of physical objects such as buildings 🏢, factories 🏭, airplanes ✈️, or entire cities 🏙️ that use real-time data exchanges through IoT sensors and advanced computer modeling technology to mimic or monitor the behavior of the real-world object. They can also be used to test proposed changes virtually, accurately predict when maintenance is required in specific areas, or determine when overuse, weather issues, and other external conditions create unacceptable risks. ⚠️
The wide variety of applications and benefits is driving explosive growth 🚀, with the global digital twin market expected to grow from approximately $24 billion to $259 billion by 2032. 📈
#Digital twins 🤖 are virtual representations of physical objects such as buildings 🏢, factories 🏭, airplanes ✈️, or entire cities 🏙️ that use real-time data exchanges through IoT sensors and advanced computer modeling technology to mimic or monitor the behavior of the real-world object. They can also be used to test proposed changes virtually, accurately predict when maintenance is required in specific areas, or determine when overuse, weather issues, and other external conditions create unacceptable risks. ⚠️
The wide variety of applications and benefits is driving explosive growth 🚀, with the global digital twin market expected to grow from approximately $24 billion to $259 billion by 2032. 📈
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Experts predict that 73% of worldwide smartphone users will access the internet only from their phones by 2030 📱🌐.
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Vertical #SaaS focuses on building #software as a #service solutions specifically tailored to the unique requirements of individual industries. Unlike general-purpose platforms, the SaaS model in vertical SaaS, addresses the nuances of sectors by providing tailored SaaS services such as healthcare, finance, construction, and legal services, including regulatory compliance, workflow automation, and industry-specific analytics.
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Shadow #AI is the new shadow #IT
Not all of that growth is sanctioned. Only 56% of total apps in use today carry IT approval, which means nearly half of the software employees are using exists outside of IT’s line of sight.
This matters for reasons beyond governance optics. Over the past 12 months:
21% of organizations discovered new, unsanctioned SaaS and AI tools in use
20% caught sensitive corporate data being publicly shared
18% experienced a data breach caused by an offboarded user who still had access
18% found data leaks originating directly from AI tools and chatbots
Not all of that growth is sanctioned. Only 56% of total apps in use today carry IT approval, which means nearly half of the software employees are using exists outside of IT’s line of sight.
This matters for reasons beyond governance optics. Over the past 12 months:
21% of organizations discovered new, unsanctioned SaaS and AI tools in use
20% caught sensitive corporate data being publicly shared
18% experienced a data breach caused by an offboarded user who still had access
18% found data leaks originating directly from AI tools and chatbots
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Composable #SaaS
SaaS is shifting from isolated applications to #composable systems built on shared #data foundations.
SaaS is shifting from isolated applications to #composable systems built on shared #data foundations.
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65% of companies increased #IT budgets in 2026 (17% by more than 15%)
58% use two or more #cloud providers, 28% use three or more
24% of companies already run #AI in the cloud; another 18% plan to launch within a year
Open-source — 37%, AI agents — 27%: top approaches to AI in the cloud
78% of companies still operate legacy systems; 14% — more than half of the IT portfolio
Only 10% of companies have a full #FinOps function; 55% track spend in Excel
Based on a survey of 419 companies plus 27 in-depth interviews with IT leaders.
58% use two or more #cloud providers, 28% use three or more
24% of companies already run #AI in the cloud; another 18% plan to launch within a year
Open-source — 37%, AI agents — 27%: top approaches to AI in the cloud
78% of companies still operate legacy systems; 14% — more than half of the IT portfolio
Only 10% of companies have a full #FinOps function; 55% track spend in Excel
Based on a survey of 419 companies plus 27 in-depth interviews with IT leaders.
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📊 Key Report Takeaways
By type, Database PaaS captured 44.72% of the Platform as a Service market share in 2025; Integration PaaS is forecast to expand at a 22.96% CAGR to 2031. 📈
By deployment model, Public PaaS held 64.05% of revenue in 2025, while Hybrid PaaS registers the highest projected CAGR at 24.12% through 2031. 🚀
By end-user industry, financial services led with 23.76% revenue share in 2025; healthcare is advancing at a 16.92% CAGR to 2031. 🏥💰
By organization size, large enterprises accounted for 68.92% of revenue in 2025, whereas SMEs are growing at a 20.95% CAGR to 2031. 🏢
By organization size, large enterprises held 68.92% revenue share in Platform-as-a-service market, while SMEs registers the highest projected CAGR at 20.95% through 2031. 📉
By geography, North America commanded 38.12% of revenue in 2025; Asia-Pacific is forecast to rise at a 17.05% CAGR through 2031. 🌎🌏
By type, Database PaaS captured 44.72% of the Platform as a Service market share in 2025; Integration PaaS is forecast to expand at a 22.96% CAGR to 2031. 📈
By deployment model, Public PaaS held 64.05% of revenue in 2025, while Hybrid PaaS registers the highest projected CAGR at 24.12% through 2031. 🚀
By end-user industry, financial services led with 23.76% revenue share in 2025; healthcare is advancing at a 16.92% CAGR to 2031. 🏥💰
By organization size, large enterprises accounted for 68.92% of revenue in 2025, whereas SMEs are growing at a 20.95% CAGR to 2031. 🏢
By organization size, large enterprises held 68.92% revenue share in Platform-as-a-service market, while SMEs registers the highest projected CAGR at 20.95% through 2031. 📉
By geography, North America commanded 38.12% of revenue in 2025; Asia-Pacific is forecast to rise at a 17.05% CAGR through 2031. 🌎🌏