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PUBLISHER: IMARC | PRODUCT CODE: 1347599
PUBLISHER: IMARC | PRODUCT CODE: 1347599
Serverless Architecture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 141 Pages
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Market Overview:
The global serverless architecture market size reached US$ 10.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 30.2 Billion by 2028, exhibiting a growth rate (CAGR) of 17.8% during 2023-2028.
Serverless architecture is a software design technique allowing developers to create and execute services without managing the underlying infrastructure. It also assists in writing and deploying codes, while a cloud provider provisions servers to execute the applications, databases, and storage systems. It reduces the cost of DevOps and enables developers to design and enhance their apps without being limited by server capacity. As a result, it finds extensive applications in the information and technology (IT), telecom, healthcare, manufacturing, media and entertainment, retail, and e-commerce industries.
Serverless Architecture Market Trends:
Presently, there is a rise in the utilization of cloud-based applications for accessing, storing, and retrieving files from a web-enabled interface. This, along with the growing demand for serverless architecture to eliminate the management of the server, represents one of the key factors driving the market. Moreover, the increasing awareness about the benefits of streamlining operations, such as increased cost efficiency, improved productivity and communication, better time management, and reduced risk, is propelling the growth of the market. In addition, there is a rise in app development as it allows users to have easy and functional access to information, products, services, and processes in real-time. This, coupled with the increasing digital-centric business models across the globe, is offering lucrative growth opportunities to industry investors. Besides this, the growing employment of the internet of things (IoT) to optimize manufacturing operations, track assets with increasing accuracy, target existing consumer services, and create entirely new services and business models is positively influencing the market. Apart from this, the escalating demand for serverless architecture by various organizations to eliminate expensive traditional and time-consuming approaches, such as purchasing new hardware components, installing, configuring, and troubleshooting, is bolstering the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global serverless architecture market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on service type, deployment model, organization size and industry vertical.
Breakup by Service Type:
Automation and Integration
Monitoring
API Management
Security
Analytics
Design and Consulting
Others
Breakup by Deployment Model:
Public Cloud
Private Cloud
Breakup by Organization Size:
Small and Medium-sized Enterprises
Large Enterprises
Breakup by Industry Vertical:
BFSI
IT and Telecom
Healthcare
Manufacturing
Media and Entertainment
Public Sector
Retail and E-Commerce
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amazon Web Services Inc. (Amazon.com Inc.), Broadcom Inc., Cloudflare Inc., Google LLC (Alphabet Inc.), International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Platform9 Systems Inc., Serverless Inc., Tibco Software Inc. and Twilio Inc.
Key Questions Answered in This Report:
- How has the global serverless architecture market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global serverless architecture market?
- What are the key regional markets?
- What is the breakup of the market based on the service type?
- What is the breakup of the market based on the deployment model?
- What is the breakup of the market based on the organization size?
- What is the breakup of the market based on the industry vertical?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global serverless architecture market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A5755
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Serverless Architecture Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Service Type
- 6.1 Automation and Integration
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Monitoring
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 API Management
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Security
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Analytics
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Design and Consulting
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
- 6.7 Others
- 6.7.1 Market Trends
- 6.7.2 Market Forecast
7 Market Breakup by Deployment Model
- 7.1 Public Cloud
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Private Cloud
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Organization Size
- 8.1 Small and Medium-sized Enterprises
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Large Enterprises
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Industry Vertical
- 9.1 BFSI
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 IT and Telecom
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Healthcare
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Manufacturing
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Media and Entertainment
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Public Sector
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
- 9.7 Retail and E-Commerce
- 9.7.1 Market Trends
- 9.7.2 Market Forecast
- 9.8 Others
- 9.8.1 Market Trends
- 9.8.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Amazon Web Services Inc. (Amazon.com Inc.)
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 SWOT Analysis
- 15.3.2 Broadcom Inc.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.2.4 SWOT Analysis
- 15.3.3 Cloudflare Inc.
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 Financials
- 15.3.4 Google LLC (Alphabet Inc.)
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 SWOT Analysis
- 15.3.5 International Business Machines Corporation
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.5.4 SWOT Analysis
- 15.3.6 Microsoft Corporation
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7 Oracle Corporation
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.7.4 SWOT Analysis
- 15.3.8 Platform9 Systems Inc.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.9 Serverless Inc.
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 Tibco Software Inc.
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 SWOT Analysis
- 15.3.11 Twilio Inc.
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.11.3 Financials
- 15.3.11.4 SWOT Analysis
- 15.3.1 Amazon Web Services Inc. (Amazon.com Inc.)
Product Code: SR112023A5755
List of Figures
- Figure 1: Global: Serverless Architecture Market: Major Drivers and Challenges
- Figure 2: Global: Serverless Architecture Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Serverless Architecture Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Serverless Architecture Market: Breakup by Service Type (in %), 2022
- Figure 5: Global: Serverless Architecture Market: Breakup by Deployment Model (in %), 2022
- Figure 6: Global: Serverless Architecture Market: Breakup by Organization Size (in %), 2022
- Figure 7: Global: Serverless Architecture Market: Breakup by Industry Vertical (in %), 2022
- Figure 8: Global: Serverless Architecture Market: Breakup by Region (in %), 2022
- Figure 9: Global: Serverless Architecture (Automation and Integration) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Serverless Architecture (Automation and Integration) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Serverless Architecture (Monitoring) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Serverless Architecture (Monitoring) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Serverless Architecture (API Management) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Serverless Architecture (API Management) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Serverless Architecture (Security) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Serverless Architecture (Security) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Serverless Architecture (Analytics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Serverless Architecture (Analytics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Serverless Architecture (Design and Consulting) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Serverless Architecture (Design and Consulting) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Serverless Architecture (Other Service Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Serverless Architecture (Other Service Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Serverless Architecture (Public Cloud) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Serverless Architecture (Public Cloud) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Serverless Architecture (Private Cloud) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Serverless Architecture (Private Cloud) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Serverless Architecture (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Serverless Architecture (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Serverless Architecture (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Serverless Architecture (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Serverless Architecture (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Serverless Architecture (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Global: Serverless Architecture (IT and Telecom) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Global: Serverless Architecture (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Global: Serverless Architecture (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Global: Serverless Architecture (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Global: Serverless Architecture (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Global: Serverless Architecture (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Global: Serverless Architecture (Media and Entertainment) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Global: Serverless Architecture (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Global: Serverless Architecture (Public Sector) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Global: Serverless Architecture (Public Sector) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Global: Serverless Architecture (Retail and E-Commerce) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Global: Serverless Architecture (Retail and E-Commerce) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Global: Serverless Architecture (Other Industry Vertical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Global: Serverless Architecture (Other Industry Vertical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: North America: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: North America: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: United States: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: United States: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Canada: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Canada: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Asia-Pacific: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Asia-Pacific: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: China: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: China: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Japan: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Japan: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: India: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: India: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: South Korea: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: South Korea: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Australia: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Australia: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Indonesia: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Indonesia: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Others: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Others: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Europe: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Europe: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Germany: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Germany: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: France: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: France: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: United Kingdom: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: United Kingdom: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Italy: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Italy: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Spain: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Spain: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 81: Russia: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 82: Russia: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 83: Others: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 84: Others: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 85: Latin America: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 86: Latin America: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 87: Brazil: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 88: Brazil: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 89: Mexico: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 90: Mexico: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 91: Others: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 92: Others: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 93: Middle East and Africa: Serverless Architecture Market: Sales Value (in Million US$), 2017 & 2022
- Figure 94: Middle East and Africa: Serverless Architecture Market: Breakup by Country (in %), 2022
- Figure 95: Middle East and Africa: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 96: Global: Serverless Architecture Industry: SWOT Analysis
- Figure 97: Global: Serverless Architecture Industry: Value Chain Analysis
- Figure 98: Global: Serverless Architecture Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Serverless Architecture Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Serverless Architecture Market Forecast: Breakup by Service Type (in Million US$), 2023-2028
- Table 3: Global: Serverless Architecture Market Forecast: Breakup by Deployment Model (in Million US$), 2023-2028
- Table 4: Global: Serverless Architecture Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
- Table 5: Global: Serverless Architecture Market Forecast: Breakup by Industry Vertical (in Million US$), 2023-2028
- Table 6: Global: Serverless Architecture Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Serverless Architecture Market: Competitive Structure
- Table 8: Global: Serverless Architecture Market: Key Players
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