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.
Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
The global serverless architecture market is majorly being driven by the advances in computer technology, which allow companies to include a serverless environment. Incentives for the market growth include an increasing awareness of serverless architecture advantages, including improved process agility and reduced operating costs. From a developer’s point of view, their applications are further improved by benefits such as easy deployment, simpler operational administration, and zero device administration. In addition, cloud-based technology and third-party vendors would likely encourage the development of the market to handle server components. With the implementation of serverless architecture, organisations, including new hardware parts, installation, setup, as well as troubleshooting will effectively eliminate costly, conventional, and time-consuming approaches. It shifts the role of maintaining servers and also reduces the setup and maintenance expense of databases and application logic.
Get a Free Sample Report with Table of Contents –https://www.expertmarketresearch.com/reports/serverless-architecture-market/requestsample
The adoption and development of serverless architecture by the giants of the cloud computing industry like Google LLC (NASDAQ: GOOGL), 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.
Market Analysis by Deployment Model:
The deployment model in the market can be divided into private cloud and public cloud.
Market Analysis by Organisation Size:
The organization size in the industry includes small and medium-sized enterprises and large enterprises.
Market Analysis by End-Use:
It finds end-uses in banking, financial services, and insurance, telecommunications and IT, retail and ecommerce, healthcare, manufacturing, and media and entertainment, among others.
Market Analysis by Regions:
The regional markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read Full Report With Table Of Contents – https://www.expertmarketresearch.com/reports/serverless-architecture-market
Competitive Landscape & Supplier Analysis:
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.
Vector Network Analyser Market – https://www.expertmarketresearch.com/reports/vector-network-analyser-market
Picture Archiving and Communication System (PACS) Market – https://www.expertmarketresearch.com/reports/picture-archiving-and-communication-system-pacs-market
Enterprise Service Bus Market – https://www.expertmarketresearch.com/reports/enterprise-service-bus-market
Augmented Reality Market – https://www.expertmarketresearch.com/reports/augmented-reality-market
Artificial Intelligence Market – https://www.expertmarketresearch.com/reports/artificial-intelligence-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish-speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.