Serverless Architectures Market is valued at USD 8782.44 Million in 2020 and expected to reach USD 34130.76 Million by 2027 with the CAGR of 21.40% over the forecast period."
Serverless Architectures Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Constantly growing IoT environment and the increasing adoption of cloud-based IT solutions are key factors driving the growth of Global Serverless Architectures Market.
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Scope of Global Serverless Architectures Market Report-
Serverless architecture also referred as serverless computing. Serverless architecture is an approach where the user can build and run applications and services without having to manage infrastructure. It is a software design pattern where applications are hosted by a third-party service, reducing the need for server software and hardware management by the developer. Through serverless architecture the user no longer has to provision, scale, and maintain servers to run applications, databases, and storage systems. By using a serverless architecture, developers can focus on their core product instead of worrying about managing and operating servers or runtimes, either in the cloud or on-premises. This reduced time and energy of developers that can be spent on developing great products which scale and that are reliable.
Global Serverless architectures market report is segmented on the basis of deployment model, organisation size, application, industry vertical and region & country level. Based upon deployment model, global serverless architectures market is classified into private cloud and public cloud. Based upon organization size, the market is classified large enterprises and SMEs. Based upon application, global serverless architectures market is classified into real-time file/stream processing, web application development, IoT backend and others. Based upon industry vertical, the market is classified into BFSI, IT & telecom, healthcare, manufacturing, media & entertainment, public sector, retail & ecommerce and others.
Key Players for Serverless Architectures -
Serverless architectures market report covers prominent players are Oracle Corporation, Platform9 Systems, Inc., Rackspace Inc., Amazon Web Services, Google LLC, IBM Corporation, Microsoft Corporation, Tibco Software, Twilio and others.
Key Benefits for Global Serverless Architectures Market Report–
Global serverless architectures Market report covers in depth historical and forecast analysis.
Global serverless architectures Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global serverless architectures Market report helps to identify opportunities in market place.
Global serverless architectures Market report covers extensive analysis of emerging trends and competitive landscape.
Global Serverless Architectures Market Segmentation:–
By Deployment Model:
Private Cloud
Public Cloud
By Organization Size:
Large Enterprises
SMEs
By Application:
Real-time file/stream processing
Web Application Development
IoT Backend
Others
By Industry Vertical:
BFSI
IT & telecom
Healthcare
Manufacturing
Media & entertainment
Public sector
Retail & ecommerce
Others
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