A media company is planning to launch a new digital platform to stream content globally. The company aims to minimize the time and resources spent on managing servers, storage, and networking to focus solely on developing and deploying their streaming application. They require a cloud service that offers a managed environment, enabling rapid development and deployment without the complexity of managing the underlying infrastructure. Considering the need for scalability to handle millions of users and compliance with global data protection regulations, which of the following cloud service types would be the MOST appropriate for this scenario? (Choose one correct option)