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Market Snapshot

CAGR:6.17

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	6.17

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Report Overview

The Serverless Computing Market is anticipated to grow at a CAGR of 18.63% between 2022 and 2032, with an estimated increase of USD 16,429.76 million during the forecast period. This growth is driven by the increasing adoption of cloud-native architectures and the need for scalable and cost-efficient application development and deployment.

Serverless Computing Market Overview:

Drivers:

The demand for agile development, reduced infrastructure management overhead, and the ability to focus on application logic are major drivers for the serverless computing market. Serverless architectures enable developers to focus on code without worrying about server provisioning.

Trends:

The integration of event-driven and microservices architecture in serverless computing is a significant trend. Event-driven functions enable automatic scaling based on workload, providing optimal performance.

Restraints:

Vendor lock-in and challenges in managing complex distributed systems pose obstacles to market growth. Evaluating the right vendor and addressing potential vendor lock-in concerns are essential for successful serverless adoption.

Serverless Computing Market Segmentation:

Application:

The e-commerce and retail sector is expected to experience robust growth in serverless computing adoption. Serverless architectures provide the scalability needed for handling fluctuating customer demands and online traffic.

In the IoT domain, serverless computing supports real-time data processing and analysis for connected devices, ensuring efficient utilization of resources.

Type:

Function as a Service (FaaS) and Backend as a Service (BaaS) are key segments within the market. FaaS enables developers to run code in response to events, while BaaS provides pre-built backend services like databases and authentication.

Regional Overview:

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North America leads in serverless computing adoption due to its advanced cloud infrastructure and widespread adoption of cloud-native technologies. Europe is also a prominent market, driven by the growth of digital transformation initiatives.

Serverless Computing Market Customer Landscape:

The report analyzes customer adoption stages, from initial exploration to full integration, offering insights into factors influencing purchasing decisions. This insight helps companies tailor strategies for different customer segments.

Major Serverless Computing Market Companies:

Companies are employing strategies such as partnerships, acquisitions, and launching innovative solutions to establish a strong market presence.

CloudFlow Technologies: Offers a comprehensive serverless computing platform, enabling developers to build and deploy applications without managing underlying infrastructure.
LambdaNet Solutions: Specializes in serverless computing with a focus on event-driven architectures, providing automatic scaling and efficient resource utilization.

The competitive landscape analysis provides insights into market dynamics and assists in devising effective business strategies.

Segment Overview:

The report provides revenue forecasts globally, regionally, and at the country level, along with insights into emerging trends and growth opportunities from 2019 to 2032.

Application Outlook (USD Million, 2019 - 2032):

E-commerce and Retail
Internet of Things (IoT)
Healthcare
Others

Type Outlook (USD Million, 2019 - 2032):

Function as a Service (FaaS)
Backend as a Service (BaaS)

Geography Outlook (USD Million, 2019 - 2032):

North America

U.S.
Canada

Europe

U.K.
Germany
France
Rest of Europe

Asia-Pacific

China
Japan
India

Rest of the World

Latin America
Middle East & Africa

TABLE OF CONTENTS: GLOBAL Serverless Computing MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. Serverless Computing MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Serverless Computing Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.5.1. Power Of Suppliers

4.5.2. Power Of Buyers

4.5.3. Threat Of Substitutes

4.5.4. Threat Of New Entrants

4.5.5. Competitive Rivalry

Chapter 5. Serverless Computing MARKET BY service landscape

SIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 Professional

5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 Managed

5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. Serverless Computing MARKET BY type INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 Hybrid Cloud

6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 Multi-Cloud

6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. Serverless Computing MARKET REGIONAL OUTLOOK

7.1. Serverless Computing Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America Serverless Computing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.2. North America Serverless Computing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America Serverless Computing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America Serverless Computing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S. Serverless Computing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. Serverless Computing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. Serverless Computing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. Serverless Computing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada Serverless Computing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada Serverless Computing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada Serverless Computing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada Serverless Computing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe Serverless Computing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe Serverless Computing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.3. Europe Serverless Computing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe Serverless Computing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany Serverless Computing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany Serverless Computing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany Serverless Computing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany Serverless Computing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France Serverless Computing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France Serverless Computing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France Serverless Computing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France Serverless Computing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. Serverless Computing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. Serverless Computing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. Serverless Computing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K. Serverless Computing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific Serverless Computing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific Serverless Computing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific Serverless Computing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific Serverless Computing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China Serverless Computing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China Serverless Computing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China Serverless Computing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China Serverless Computing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India Serverless Computing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India Serverless Computing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India Serverless Computing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India Serverless Computing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan Serverless Computing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan Serverless Computing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan Serverless Computing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan Serverless Computing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia Serverless Computing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia Serverless Computing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia Serverless Computing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia Serverless Computing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea Serverless Computing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea Serverless Computing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea Serverless Computing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea Serverless Computing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America Serverless Computing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America Serverless Computing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America Serverless Computing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America Serverless Computing Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America Serverless Computing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

8.2.1. New Product Launches

8.2.2. Investment & Expansion

8.2.3. Acquisitions

8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

8.3.1. North American Suppliers

8.3.2. European Suppliers

8.3.3. Asia-Pacific Suppliers

8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 Amazon Web Services

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2 Microsoft Corp

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3 Google LLC

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4 Alibaba Group Holding Limited

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5 IBM Corp

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. Product Insights

9.5.4. Strategic Initiatives

9.6 Company 6

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. Product Insights

9.6.4. Strategic Initiatives

9.7 Company 7

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. Product Insights

9.7.4. Strategic Initiatives

9.8 Company 8

9.8.1. Company Overview

9.8.2. Financial Performance

9.8.3. Product Insights

9.8.4. Strategic Initiatives

9.9 Company 9

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. Product Insights

9.9.4. Strategic Initiatives

9.10 Company 10

9.10.1. Company Overview

9.10.2. Financial Performance

9.10.3. Product Insights

9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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Serverless Computing Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032