Serverless Architecture Market Share Value Projected to Expand by 2020-2027

The global serverless architecture market is estimated to reach USD 16.4 Billion in 2024 at a CAGR of 27.7%. Rising demand for cloud technology, advancing fault tolerance technology, increasing performance for financial services expected to drive the in this market. However, error detection issues act as a restrain to the market during the forecast period. Increasing demand for software architecture and highly adoption for micro-services is identified as an opportunity in this market.

Serverless Architecture is a software which use to run code and build application without provisioning or managing services. It is also called as service computing or FaaS (Function as a Service). It is use for faster innovation, easy operation, and to reduce operational cost. Some key players of the market IBM Corporation, Amazon Web Services, Inc., Microsoft Corporation, Oracle Corporation, Alibaba Group Holding Limited, RACKSPACE US, INC., TIBCO Software Inc., NTT DATA, Inc., and Syncano. among other.

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Serverless Architecture Market: Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the global serverless architecture market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of solution, the market is segmented into functions as a service (FaaS), serverless databases and storage, event streaming and messaging and Application Program Interface (API) gateways. By technology, the serverless architecture market is segmented cloud and on-premises. By application type the market is segmented into serverless and microservices, application program interface (API) backends, data processing, massively parallel compute operations and stream processing workloads. By end use type the market is segmented into manufacturing, telecommunications, healthcare, banking, financial services, and insurance (BFSI), telecommunication and others

Serverless Architecture Market: Report Scope

The report on this market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

List of the leading companies operating in the Serverless Architecture Market include:

  • IBM Corporation (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Microsoft Corporation
  • Amazon Web Services, Inc.
  • Oracle Corporation
  • Alibaba Group Holding Limited
  • RACKSPACE US, INC.
  • TIBCO Software Inc.
  • NTT DATA, Inc.
  • Syncano
  • Other Key Companies

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Serverless Architecture Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Serverless Architecture Market, by Solution

  • Functions as a Service (FaaS)
  • Serverless Databases and Storage
  • Event Streaming and Messaging
  • Application Program Interface (API) Gateways

Serverless Architecture Market, by Technology

  • Cloud
  • On-Premises

Serverless Architecture Market, by Application

Serverless and Microservices

Application Program Interface (API) Backends

Data Processing

  • Portable Document Format (PDF) processing
  • Applying Machine Learning (MI) Toolkits

Massively Parallel Compute Operations

  • Monte Carlo Simulations
  • Web Scraping

Stream Processing Workloads

  • IoT Sensor Data
  • Log Data

Serverless Architecture Market, by End Use Industry

  • Manufacturing
  • Telecommunications
  • Healthcare
  • Banking, Financial Services, and Insurance (BFSI)
  • Telecommunication
  • Others

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Serverless Architecture Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Key Questions answered by the report

  • What are the major developments impacting the Serverless Architecture Market and its growth?
  • What will be the effects of the developments in the Serverless Architecture Market on the industry and on the market players in the near and far future?
  • What are the evolving types of the Serverless Architecture Market?
  • What are the evolving applications of Serverless Architecture Market?
  • What are the major characteristics that will affect the Serverless Architecture Market growth during the study period?
  • Who are the key players operating in the Serverless Architecture Market?
  • How are the major players leveraging in the existing market conditions?

Table of Content

  1. INTRODUCTION
  2. RESEARCH DESIGN & SCOPE
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
  6. SERVERLESS ARCHITECTURE MARKET BY SOLUTION, Market Size in USD Million (2017—2024)
  7. SERVERLESS ARCHITECTURE MARKET BY TECHNOLOGY, Market Size in USD Million (2017—2024)
  8. SERVERLESS ARCHITECTURE MARKET BY APPLICATION, Market Size in USD Million (2017—2024)
  9. SERVERLESS ARCHITECTURE MARKET BY END USE, Market Size in USD Million (2017—2024)
  10. SERVERLESS ARCHITECTURE MARKET BY REGION, Market Size in USD Million (2017—2024)
  11. COMPETITIVE LANDSCAPE
  12. COMPANY PROFILES
  13. APPENDIX

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