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The Serverless Computing Market is segmented by Service (Professional, Managed), Type (Hybrid, Multi-Cloud), End-user Industry (IT & Telecommunication, BFSI, Retail), and Geography.
2018 - 2026
Fastest Growing Market:
Serverless Computing Market is expected to register a healthy CAGR of over 25% during the forecast period (2021 - 2026). Advancements in computing technology are enabling organizations to incorporate a serverless environment, thereby augmenting the market. The benefits of Serverless Computing such as unconditional development and deployment, built-in scalability among others are playing an important role in supporting the rapid adoption of Serverless Computing thereby fueling the growth of the market.
Serverless architecture has emerged as an innovative step in leveraging cloud-based technologies to their full potential thereby enabling enterprises to focus on their core products and services, instead of managing the load of traffic on their IT infrastructure. It has disrupted the cloud thereby widely synonymous with Functions-as-a-Service (FaaS), which are cloud-native, usually stateless, functions that scale on demand. It brings to the Cloud a set of properties that are central to the serverless having little to no concern about operations, auto-provisioning and autoscaling, pay-per-use with zero cost for idle time.
|By End-user Industyr|
|IT & Telecommunication|
|Other End-user Industries|
|Middle East & Africa|
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The serverless computing market is moderately competitive and consists of a few major players. In terms of market share, some of the players are currently dominating the market. However, with the advancement in the cloud platform across the professional services, new players are increasing their market presence thereby expanding their business footprint across the emerging economies.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Growth in Enhanced Scalability, Decreased in Time-To-Market Along with Reduced Operational Cost
4.3.2 Proliferation of the Microservices Architecture Across Organization's Business Model
4.4 Market Restraints
4.4.1 Loss of Control on Security in Case of Attack
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness - Porter's Five Force Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
4.7 Technology Snapshot
4.7.1 API Gateway
4.7.2 Function as a Service (FaaS)
4.7.3 Database as a Service (DbaaS)
4.7.4 Backend as a Service (BaaS)
5. MARKET SEGMENTATION
5.1 By Service
5.2 By Type
5.2.1 Hybrid Cloud
5.3 By End-user Industyr
5.3.1 IT & Telecommunication
5.3.6 Other End-user Industries
5.4.1 North America
5.4.4 Latin America
5.4.5 Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Amazon Web Services Inc.
6.1.2 Microsoft Corp.
6.1.3 Google LLC
6.1.4 Alibaba Group Holding Limited
6.1.5 SAP SE
6.1.6 IBM Corp.
6.1.8 Oracle Corp.
6.1.10 VMware Inc.
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability