Industry Background:
Serverless computing is a cloud computing execution model in which the cloud provider runs the server, and dynamically manages the allocation of machine resources. Serverless allows to build and run applications and services without thinking about servers. It eliminates infrastructure management tasks such as server or cluster provisioning, patching, operating system maintenance, and capacity provisioning. Rising awareness regarding benefits of serverless architecture such as increased process agility and reduced operational cost is one of the primary growth stimulants for the market. Furthermore, emergence of cloud-based technologies along with third-party vendors to manage server component is likely to stoke the growth of the market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Amazon (United States), Google (United States), Microsoft (United States), IBM (United States), Oracle (United States), Alibaba (China), Cloudflare (United States), TIBCO Software (United States), Stackpath (United States) and Auth0 (United States) |
This growth is primarily driven by Digital-centric business model and The powerful advantage to streamline operations.
Globally, a noticeable market trend is evident The future of microservices lies in serverless and function-as-a-service
The Cloud Computing sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Amazon (United States), Google (United States), Microsoft (United States), IBM (United States), Oracle (United States), Alibaba (China), Cloudflare (United States), TIBCO Software (United States), Stackpath (United States) and Auth0 (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Influencing Trend:
The future of microservices lies in serverless and function-as-a-service and The increasing number of verticals utilizing distributed workloads
Market Growth Drivers:
Digital-centric business model and The powerful advantage to streamline operations
Challenges:
Cost-efficiency for long-running computation
Restraints:
Loss of control over the infrastructure
Opportunities:
New marketplaces for functions, The emergence of IoT applications and Usage of edge computing with serverless
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Serverless Computing Services Market
- Analysis about New Entrants in Serverless Computing Services Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Serverless Computing Services Study Sheds Light on
The Serverless Computing Services Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Serverless Computing Services industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Serverless Computing Services industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.