Serverless Architecture Market Outlook 2027 By Deployment Model, Size, Share, Trends, Opportunities
According to TechSci Research, Global serverless architecture market is expected to grow at a significant rate during the forecast period. The rising need to optimize the infrastructure cost of the organizations is the major driving factor for the growth of the serverless architecture market in the forecast period. Server management in the organizations is required to monitor the apps and activities running on the server and server management is expensive and is a complex task. Serverless architecture does not need to manage servers which leads to lower incurred costs. The growing need to remove the management servers and the shift to move from CAPEX to OPEX is expected to accelerate the serverless architecture market growth in the next five years. Serverless architecture is easy to deploy, and the codes can be released immediately without taking infrastructure into account and in a lower time than the traditional servers. With the surge in data generation through various sources and the need to effectively utilize the data, organizations are investing in the adoption of advanced IT infrastructure and obtaining technical expertise to ensure hassle-free workflow in the organizations. The surge in demand from prominent industry verticals such as BFSI, healthcare, life sciences, retail, and the development of the e-commerce sector is expected to boost the growth of the serverless architecture market.
Global serverless architecture market is segmented into type, deployment model, organization size, end user, regional distribution, and company. Based on regional analysis, North America is expected to dominate the serverless architecture market in the forecast period, 2023-2027. The presence of major market players and the strong economic position of the region is expected to influence the market growth. The adoption of industry 4.0 along with the high adoption of the latest technologies by the organizations is contributing to the market growth.
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The major players operating in the global serverless architecture market are Alibaba Group, Amazon Web Services, Google LLC, IBM Corporation, Microsoft Corporation, Platform9 Systems, Inc., Rackspace Inc., Tibco Software, Twilio, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
- To analyze the historical growth of the market size of global serverless architecture market from 2017 to 2020.
- To estimate and forecast the market size of global serverless architecture market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast global serverless architecture market based on type, deployment model, organization size, end user, regional dsitribution, and company.
- To identify dominant region or segment in the global serverless architecture.
- To identify drivers and challenges for global serverless architecture market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global serverless architecture market.
- To identify and analyze the profile of leading players operating in global serverless architecture market.
- To identify key sustainable strategies adopted by market players in global serverless architecture market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global serverless architecture market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Serverless Architecture service provider companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to serverless architecture market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2021 |
Historical Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Type · Deployment Model · Organization Size · End User |
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Iraq; Brazil, Argentina, Colombia; |
Key companies profiled | Alibaba Group, Amazon Web Services, Google LLC, IBM Corporation, Microsoft Corporation, Platform9 Systems, Inc., Rackspace Inc., Tibco Software, Twilio. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, global serverless architecture market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
· Global Serverless Architecture Market, By Type:
- Automation & Integration Services
- Monitoring Services
- API Management Services
- Security
- Support & Maintenance
- Global Serverless Architecture Market, By Deployment Model:
- Public Cloud
- Private Cloud
- Global Serverless Architecture Market, By Organization Size:
- Small & Medium-Sized Enterprises
- Large Enterprises
- Global Serverless Architecture Market, By End User:
- Telecommunications & IT
- Retail & Ecommerce
- Healthcare
- Manufacturing
- Media & Entertainment
- Others
- Global Serverless Architecture Market, By Region:
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- South America
§ Brazil
§ Argentina
§ Colombia
o Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
- Iraq
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global serverless architecture market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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