PUBLISHER: Grand View Research | PRODUCT CODE: 1530424
PUBLISHER: Grand View Research | PRODUCT CODE: 1530424
Serverless Security Market Size & Trends
The global serverless security market size was estimated at USD 2.19 billion in 2023 and is expected to grow at a CAGR of 30.8% from 2024 to 2030. The rapid adoption of serverless computing by organizations seeking to reduce operational costs and improve scalability, the increasing complexity and frequency of cyber threats targeting serverless environments, and the rising need for robust security solutions that can address the unique challenges of serverless architectures are driving the growth of the market.
The growing use of cloud computing is a significant growth driver for the serverless security market. As businesses increasingly migrate to cloud environments to leverage their scalability, flexibility, and cost-efficiency, they are also adopting serverless architectures to streamline operations and accelerate application development. However, this shift to cloud-based, serverless infrastructures introduces new security challenges, such as securing transient functions, managing access controls, and ensuring data protection across distributed environments. Therefore, the demand for specialized serverless security solutions has surged, as organizations seek to safeguard their serverless applications and data from evolving cyber threats while maintaining compliance with industry regulations.
This heightened need for robust security measures tailored to serverless environments is propelling the expansion of the serverless security market. According to the European Commission, in 2023, 45.2% of EU enterprises utilized cloud computing services, primarily for hosting email systems, storing electronic files, and office software. 75.3% of these enterprises chose advanced cloud services, which included hosting databases, security software applications, and platforms for application development, testing, or deployment. This represents a 4.2% point increase in the adoption of cloud computing services compared to 2021.
As organizations increasingly adopt DevOps methodologies to accelerate development cycles, improve collaboration, and enhance deployment efficiencies, the reliance on serverless architectures has also grown. Serverless computing allows DevOps teams to focus on code development and deployment without the need to manage the underlying infrastructure, leading to faster innovation and reduced operational complexity. However, this shift also introduces new security challenges, such as managing identity and access controls, monitoring for potential vulnerabilities, and ensuring compliance with industry standards. Therefore, the demand for robust serverless security solutions has surged, enabling organizations to address these challenges while maintaining the agility and scalability that serverless architectures provide.
Organizations increasingly use serverless computing to enhance operational efficiency, scalability, and cost-effectiveness. Serverless architectures allow businesses to focus on developing and deploying applications without the burden of managing the underlying infrastructure. As serverless adoption grows, there is a need for specialized security solutions to address the unique challenges associated with this model, such as securing transitory functions, managing access controls, and ensuring compliance.
Serverless computing eliminates the need for businesses to manage and maintain underlying infrastructure, allowing them to focus on core development and innovation. This reduction in operational complexity lowers costs and streamlines resource allocation and management. As organizations leverage serverless architectures to minimize overhead, they recognize the necessity of robust security solutions to protect their serverless applications and data. This drives the demand for specialized serverless security offerings that can provide comprehensive protection without adding to the operational burden. The cost efficiencies and operational simplicity of serverless computing, combined with the critical need for effective security, significantly contribute to the growth of the serverless security market.
Global Serverless Security Market Report Segmentation
The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global serverless security market based on service model, security type, deployment, enterprise size, end use, and region.
U.S.
Canada
Mexico
Germany
UK
France
China
India
Japan
Australia
South Korea
Brazil
Kingdom of Saudi Arabia
UAE
South Africa