Global Serverless Computing

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Global Serverless Computing Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts to 2030


In Serverless Computing Methodology, the management of server is handled by the cloud provider and provides the dynamic allocation of machine resources. Therefore, serverless architecture eliminates the requirement for server software and hardware management by the developer. In recent years, some of the major innovations in IT industry enabled business agility, and enhanced resilience. In such scenario, serverless computing was introduced as a major element for the deployment of cloud services and applications. As for instance, utilization of conventional cloud infrastructure to develop an application that checks the credit score using mobile phones for mobile banking, could take days and weeks for development and testing of the application. With the utilization of serverless computing such as AWS Lamba, similar application can be developed in hours. Global Serverless Computing market size accounted 6361.54 million in 2020 is estimated to reach 69438.3 million by 2030 growing with a CAGR of 27% during the forecast period.

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Market Dynamics and Factors:

The serverless computing market is anticipated to grow with a CAGR of 26.2% during the forecast period from 2020-2028 owing to the reduced operational cost and increased process agility provided by the technology. Furthermore, serverless architecture provides benefits such as easier operational management, faster set up, and zero system administration which attract customers to the serverless computing market. Due to the rapid evolution of artificial intelligence, internet of things, and machine learning companies are pressurized to release innovative products and features that meets the growing consumer expectations. Increasing importance of these trends is expected to propel the serverless computing market growth. Furthermore, serverless computing exploits cloud based computing to their full potential and allows the companies to concentrate on their core products and services instead of handling the traffic load on their IT infrastructure. Hence, the user can run the application on a third party server thereby reducing the deployment time. However, as the organization lack control over the infrastructure, addition of multiple customers to the same platform causes security threats and it is estimated to pose a threat to the serverless computing market progression.

Market Segmentation:

  • Global Serverless Computing Market – By Services

    • Automation & Integration

    • API (Application Programming Interface)

    • Management

    • Monitoring

    • Security

    • Support & Maintenance

    • Training & Consulting

  • Global Serverless Computing Market – By Enterprise 

    • SME

    • Large Enterprise

  • Global Serverless Computing Market – By End-User 

    • Telecom & IT

    • BFSI (Banking, Financial Services, And Insurance)

    • Government & Public

    • Health Care & Life Science

    • Media And Entertainment

    • Manufacturing

    • Retail & E-Commerce

    • Others

  • Global Serverless Computing Market – By Geography

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • U.K.

      • France

      • Germany

      • Italy

      • Rest of Europe

    • Asia-Pacific

      • Japan

      • China

      • India

      • Australia

      • Rest of Asia Pacific

    • ROW

      • Latin America

      • Middle East

      • Africa

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC at @ https://www.decisionforesight.com/toc-request/DFS020230 

Geographic Analysis:

North America dominates the market by contributing the largest serverless computing market share of 42.09% attributed to the presence of prominent players in the U.S such as Amazon Web Services, Inc., Google LLC, and CA Technologies. Large number of industries such as BFSI, manufacturing, healthcare, and retail boosts the user base in this region. Therefore, the competitive dynamic market compels the enterprises to deliver new products with innovative features thus leading to the adoption of new technologies. This in turn helped North American region to dominate in the serverless computing market.

Competitive Scenario:

Some of the major key players in the serverless computing industry are Alibaba Cloud, Amazon Web Services, Inc., CA Technologies, Google LLC, and IBM Corporation, Microsoft Corporation, Oracle Corporation, Dynatrace, Fiorano Software, Inc., Joyent Inc., ModuBiz Ltd, NTT Data Corporation, Rackspace Inc., TIBCO Software Inc., and Twistlock Inc.

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How will this Market Intelligence Report Benefit You?

  1. The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.

  2. Exclusive insight into the key trends affecting the Global Serverless Computing industry, although key threats, opportunities and disruptive technologies that could shape the Global Serverless Computing Market supply and demand.

  3. The report tracks the leading market players that will shape and impact the Global Serverless Computing Market most.

  4. The data analysis present in the Global Serverless Computing Market report is based on the combination of both primary and secondary resources.

  5. The report helps you to understand the real effects of key market drivers or retainers on Global Serverless Computing Market business.

The 2021 Annual Global Serverless Computing Market offers:

  • 100+ charts exploring and analysing the Global Serverless Computing Market from critical angles including retail forecasts, consumer demand, production and more

  • 15+ profiles of top producing states, with highlights of market conditions and retail trends

  • Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand

  • Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Serverless Computing Market type

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Decision Foresight is a market research organization known for its reliable and genuine content, market estimation and the best analysis which is designed to deliver state-of-the-art quality syndicate reports to our customers. Apart from syndicate reports, you will find the best market insights, strategies that will help in taking better business decisions on subjects that may require you to develop and grow your business-like health, science, technology and many more. At Decision Foresight, we truly believe in disseminating the right piece of knowledge to a large section of the audience and cover the in-depth insights of market leaders across various verticals and horizontals.

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