Serverless Architecture Market Growth, Share, Size, Price, Analysis, Industry 2020-2025

The global serverless architecture market is majorly being driven by the advances in computer technology, which allow companies to include a serverless environment.
By: Expert Market Research
SHERIDAN, Wyo. - Jan. 12, 2021 - PRLog -- According to a new report by Expert Market Research titled, 'Global Serverless Architecture Market ( Report and Forecast 2020-2025', the global serverless architecture market attained a value of USD 4 billion in 2019. The serverless architecture market is further expected to grow in the forecast period of 2020-2025 at a CAGR of 30% to reach USD 16 billion by 2025.

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The adoption and development of serverless architecture by the giants of the cloud computing industry like Google LLC, IBM Corporation, and Microsoft Corporation have ensured the healthy growth of the market. In April 2019, Google announced its new serverless compute or architecture platform for containerized apps called Cloud Run. The new platform has been optimised for smooth functionality and ensures that the consumers are paying for the resources they are actually using.

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Market Analysis by Deployment Model:
  1. Private Cloud
  2. Public Cloud

The deployment model in the market can be divided into private cloud and public cloud.

Market Analysis by Organisation Size:
  1. Small and Medium-Sized Enterprises
  2. Large Enterprises

The organization size in the industry includes small and medium-sized enterprises and large enterprises.

Market Analysis by End-Use:
  1. Banking, Financial Services, and Insurance
  2. Telecommunications and IT
  3. Retail and Ecommerce
  4. Healthcare
  5. Manufacturing
  6. Media and Entertainment
  7. Others

It finds end-uses in banking, financial services, and insurance, telecommunications and IT, retail and ecommerce, healthcare, manufacturing, and media and entertainment, among others.

Latest Global News on Serverless Architecture Market@

Competitive Landscape & Supplier Analysis:
  • Alibaba Group
  • Amazon Web Services, Inc
  • Google LLC
  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • Platform9 Systems, Inc.
  • Rackspace Inc.
  • CA Technologies
  • TIBCO Software Inc.
  • Others

The major key players in the global serverless architecture market include companies like Alibaba Group, Amazon Web Services, Inc, Google LLC, IBM Corporation, Microsoft Corporation, Oracle Corporation, Platform9 Systems, Inc., Rackspace Inc., CA Technologies, and TIBCO Software Inc., among others. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions, and capacity expansions.

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