Serverless Architecture Market by Service type, Deployment Model, Organization Size, Verticals, and Region – Global Forecast to 2025

According to a research report "Serverless Architecture Market by Service Type (Automation and Integration, Monitoring, API Management, Security, Analytics, and Design and Consulting), Deployment Model, Organization Size, Vertical, and Region – Global Forecast to 2025" published by MarketsandMarkets, the global serverless architecture market size is projected to grow from USD 7.6 billion in 2020 to USD 21.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 22.7% during the forecast period. The major factors driving the growth of the serverless architecture market include the rising need of shifting from CAPEX to OPEX by removing the need to manage servers, thereby reducing the infrastructure cost.

Browse and in-depth TOC on “Serverless Architecture Market

109 – Tables


42 – Figures

170 – Pages


Download PDF Brochure@
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=64917099

Large enterprises segment to hold a larger market size during the forecast period

The adoption of serverless architecture service types among large enterprises is high owing to the ever-increasing demand for cloud automation, and the trend is expected to continue during the forecast period. Large enterprises are heavily investing in advanced technology to increase the company’s overall productivity and efficiency. With the ever-increasing amount of data, large enterprises need to invest in IT infrastructure and technical expertise for automating various tasks regularly. To reduce CAPEX and OPEX of infrastructure, large enterprises are widely adopting serverless architecture service types. Large enterprises are expected to invest significantly to implement suitable serverless architecture service types which would enable enterprises to save on infrastructure costs, improve business functioning, and sustain in intense competition.

Public cloud segment to record the highest growth rate during the forecast period

Public cloud refers to the cloud computing model in which the resources are accessible to multiple users in sharing through the internet. It is a standard model that enables service providers to grant access to the resources such as applications and storage, available to the public over the internet. The public cloud services may be offered free of cost or on pay-per-use model depending upon the requirements of the end users. The reason for the high adoption of public cloud among cloud storage providers is the ease of access and faster deployment. The public cloud deployment model offers various benefits to the enterprises, such as scalability, reliability, flexibility, and remote location access. Public cloud is more preferred by the enterprises that have less regulatory hurdles and are willing to outsource their storage facilities either fully or partially. The primary concern with public cloud is data security due to which many enterprises are shifting to private and hybrid cloud storage solutions.

Speak To Analyst@ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=64917099

Asia Pacific to be the fastest-growing region during the forecast period

Asia Pacific consists of the fastest growing economies such as China, India, and New Zealand and technologically advanced countries such as Japan and Australia. The region is expected to gain traction in the serverless architecture market, due to benefits such as reduction in maintenance costs and no involvement of physical infrastructure. Many emerging economies in the APAC region are likely to adopt serverless architecture solutions because of their high demands, specifically in the BFSI, retail and eCommerce, healthcare and life sciences industry verticals.

Market Players

Some prominent players across all service types profiled in the serverless architecture market study include Amazon (US), Google (US), Microsoft (US), IBM (US), Oracle (US), Alibaba (China), Cloudflare (US), NTT DATA (Japan), Rackspace (US), TIBCO Software (US), Stackpath (US), Auth0 (US), EnterpriseWeb (US), Kong (US), Serverless (US), Snyk (UK), OpenLegacy (US), Innominds (US), Stackery (US), and Twistlock (US).

Über Markets and Markets

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Firmenkontakt und Herausgeber der Meldung:

Markets and Markets
Tower B5, office 101
IND411013 Magarpatta, Hadapsar, Pune
Telefon: +91 (20) 48598933
http://www.marketsandmarkets.com

Ansprechpartner:
Ashish Gaigowad
Executive
Telefon: + 1 888 600-6441
Für die oben stehende Pressemitteilung ist allein der jeweils angegebene Herausgeber (siehe Firmenkontakt oben) verantwortlich. Dieser ist in der Regel auch Urheber des Pressetextes, sowie der angehängten Bild-, Ton-, Video-, Medien- und Informationsmaterialien. Die United News Network GmbH übernimmt keine Haftung für die Korrektheit oder Vollständigkeit der dargestellten Meldung. Auch bei Übertragungsfehlern oder anderen Störungen haftet sie nur im Fall von Vorsatz oder grober Fahrlässigkeit. Die Nutzung von hier archivierten Informationen zur Eigeninformation und redaktionellen Weiterverarbeitung ist in der Regel kostenfrei. Bitte klären Sie vor einer Weiterverwendung urheberrechtliche Fragen mit dem angegebenen Herausgeber. Eine systematische Speicherung dieser Daten sowie die Verwendung auch von Teilen dieses Datenbankwerks sind nur mit schriftlicher Genehmigung durch die United News Network GmbH gestattet.

counterpixel