Need help finding what you are looking for?
Contact Us
PUBLISHER: KBV Research | PRODUCT CODE: 1645374
PUBLISHER: KBV Research | PRODUCT CODE: 1645374
North America Serverless Computing Market Size, Share & Trends Analysis Report By Service Model, By Enterprise Size, By Deployment, By Industry Vertical, By Country and Growth Forecast, 2024 - 2031
PUBLISHED:
PAGES: 139 Pages
DELIVERY TIME: 1-2 business days
SELECT AN OPTION
The North America Serverless Computing Market would witness market growth of 13.0% CAGR during the forecast period (2024-2031).
The US market dominated the North America Serverless Computing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $13,592 million by 2031. The Canada market is experiencing a CAGR of 15.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 14.4% during (2024 - 2031).
Serverless computing is a computational execution paradigm in which the cloud service provider autonomously oversees the allocation and provisioning of server resources. Despite its name, "serverless" does not mean that servers are absent but that the complexity of managing servers is abstracted away from the user.
Additionally, with serverless computing, developers are afforded the opportunity to concentrate exclusively on the writing and deployment of code, alleviating concerns regarding the underlying infrastructure, including server provisioning, scaling, maintenance, and capacity planning.
The serverless computing market in North America continues to lead, driven by technological advancements, a robust cloud infrastructure, and a high level of digital maturity across industries. Strong adoption across BFSI, healthcare, IT, and retail sectors has further solidified the region's dominance. Additionally, the emphasis on automation, IoT integration, and data analytics drives the demand for serverless computing. Governments across the region are also fostering cloud adoption through supportive policies and investments in digital transformation, strengthening the market landscape.
Based on Service Model, the market is segmented into Function-as-a-service (FaaS), and Backend-as-a-service (BaaS). Based on Enterprise Size, the market is segmented into Large Enterprises, and Small & Medium-sized Enterprises. Based on Deployment, the market is segmented into Public Cloud, Hybrid Cloud, and Private Cloud. Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare & Life Sciences, Retail & Consumer Goods, Manufacturing, Government & Defense, Transportation & Logistics, and Other Industry Vertical. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- Google LLC (Alphabet Inc.)
- IBM Corporation
- Oracle Corporation
- Alibaba Cloud (Alibaba Group Holding Limited)
- Cloudflare, Inc.
- Tencent Holdings Ltd.
- SAP SE
- Salesforce, Inc.
North America Serverless Computing Market Report Segmentation
By Service Model
- Function-as-a-service (FaaS)
- Backend-as-a-service (BaaS)
By Enterprise Size
- Large Enterprises
- Small & Medium-sized Enterprises
By Deployment
- Public Cloud
- Hybrid Cloud
- Private Cloud
By Industry Vertical
- BFSI
- IT & Telecom
- Healthcare & Life Sciences
- Retail & Consumer Goods
- Manufacturing
- Government & Defense
- Transportation & Logistics
- Other Industry Vertical
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Serverless Computing Market, by Service Model
- 1.4.2 North America Serverless Computing Market, by Enterprise Size
- 1.4.3 North America Serverless Computing Market, by Deployment
- 1.4.4 North America Serverless Computing Market, by Industry Vertical
- 1.4.5 North America Serverless Computing Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.5 Porter Five Forces Analysis
Chapter 5. North America Serverless Computing Market by Service Model
- 5.1 North America Function-as-a-service (FaaS) Market by Region
- 5.2 North America Backend-as-a-service (BaaS) Market by Region
Chapter 6. North America Serverless Computing Market by Enterprise Size
- 6.1 North America Large Enterprises Market by Country
- 6.2 North America Small & Medium-sized Enterprises Market by Country
Chapter 7. North America Serverless Computing Market by Deployment
- 7.1 North America Public Cloud Market by Country
- 7.2 North America Hybrid Cloud Market by Country
- 7.3 North America Private Cloud Market by Country
Chapter 8. North America Serverless Computing Market by Industry Vertical
- 8.1 North America BFSI Market by Country
- 8.2 North America IT & Telecom Market by Country
- 8.3 North America Healthcare & Life Sciences Market by Country
- 8.4 North America Retail & Consumer Goods Market by Country
- 8.5 North America Manufacturing Market by Country
- 8.6 North America Government & Defense Market by Country
- 8.7 North America Transportation & Logistics Market by Country
- 8.8 North America Other Industry Vertical Market by Country
Chapter 9. North America Serverless Computing Market by Country
- 9.1 US Serverless Computing Market
- 9.1.1 US Serverless Computing Market by Service Model
- 9.1.2 US Serverless Computing Market by Enterprise Size
- 9.1.3 US Serverless Computing Market by Deployment
- 9.1.4 US Serverless Computing Market by Industry Vertical
- 9.2 Canada Serverless Computing Market
- 9.2.1 Canada Serverless Computing Market by Service Model
- 9.2.2 Canada Serverless Computing Market by Enterprise Size
- 9.2.3 Canada Serverless Computing Market by Deployment
- 9.2.4 Canada Serverless Computing Market by Industry Vertical
- 9.3 Mexico Serverless Computing Market
- 9.3.1 Mexico Serverless Computing Market by Service Model
- 9.3.2 Mexico Serverless Computing Market by Enterprise Size
- 9.3.3 Mexico Serverless Computing Market by Deployment
- 9.3.4 Mexico Serverless Computing Market by Industry Vertical
- 9.4 Rest of North America Serverless Computing Market
- 9.4.1 Rest of North America Serverless Computing Market by Service Model
- 9.4.2 Rest of North America Serverless Computing Market by Enterprise Size
- 9.4.3 Rest of North America Serverless Computing Market by Deployment
- 9.4.4 Rest of North America Serverless Computing Market by Industry Vertical
Chapter 10. Company Profiles
- 10.1 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental Analysis
- 10.1.4 Recent strategies and developments:
- 10.1.4.1 Partnerships, Collaborations, and Agreements:
- 10.1.5 SWOT Analysis
- 10.2 Google LLC (Alphabet Inc.)
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental and Regional Analysis
- 10.2.4 Research & Development Expense
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Product Launches and Product Expansions:
- 10.2.6 SWOT Analysis
- 10.3 IBM Corporation
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Regional & Segmental Analysis
- 10.3.4 Research & Development Expenses
- 10.3.5 SWOT Analysis
- 10.4 Microsoft Corporation
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expenses
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Product Launches and Product Expansions:
- 10.4.6 SWOT Analysis
- 10.5 Oracle Corporation
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 SWOT Analysis
- 10.6 Alibaba Cloud (Alibaba Group Holding Limited)
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental Analysis
- 10.6.4 Recent strategies and developments:
- 10.6.4.1 Partnerships, Collaborations, and Agreements:
- 10.6.4.2 Product Launches and Product Expansions:
- 10.6.5 SWOT Analysis
- 10.7 Cloudflare, Inc.
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Regional Analysis
- 10.7.4 Research & Development Expense
- 10.7.5 Recent strategies and developments:
- 10.7.5.1 Partnerships, Collaborations, and Agreements:
- 10.7.5.2 Product Launches and Product Expansions:
- 10.7.5.3 Acquisition and Mergers:
- 10.7.6 SWOT Analysis
- 10.8 Tencent Holdings Ltd.
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expenses
- 10.9 Salesforce, Inc.
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Regional Analysis
- 10.9.4 Research & Development Expenses
- 10.9.5 Recent strategies and developments:
- 10.9.5.1 Product Launches and Product Expansions:
- 10.9.6 SWOT Analysis
- 10.10. SAP SE
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Regional Analysis
- 10.10.4 Research & Development Expense
- 10.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Serverless Computing Market, 2020 - 2023, USD Million
- TABLE 2 North America Serverless Computing Market, 2024 - 2031, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Serverless Computing Market
- TABLE 4 Product Launches And Product Expansions- Serverless Computing Market
- TABLE 5 Acquisition and Mergers- Serverless Computing Market
- TABLE 6 North America Serverless Computing Market by Service Model, 2020 - 2023, USD Million
- TABLE 7 North America Serverless Computing Market by Service Model, 2024 - 2031, USD Million
- TABLE 8 North America Function-as-a-service (FaaS) Market by Region, 2020 - 2023, USD Million
- TABLE 9 North America Function-as-a-service (FaaS) Market by Region, 2024 - 2031, USD Million
- TABLE 10 North America Backend-as-a-service (BaaS) Market by Region, 2020 - 2023, USD Million
- TABLE 11 North America Backend-as-a-service (BaaS) Market by Region, 2024 - 2031, USD Million
- TABLE 12 North America Serverless Computing Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 13 North America Serverless Computing Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 14 North America Large Enterprises Market by Country, 2020 - 2023, USD Million
- TABLE 15 North America Large Enterprises Market by Country, 2024 - 2031, USD Million
- TABLE 16 North America Small & Medium-sized Enterprises Market by Country, 2020 - 2023, USD Million
- TABLE 17 North America Small & Medium-sized Enterprises Market by Country, 2024 - 2031, USD Million
- TABLE 18 North America Serverless Computing Market by Deployment, 2020 - 2023, USD Million
- TABLE 19 North America Serverless Computing Market by Deployment, 2024 - 2031, USD Million
- TABLE 20 North America Public Cloud Market by Country, 2020 - 2023, USD Million
- TABLE 21 North America Public Cloud Market by Country, 2024 - 2031, USD Million
- TABLE 22 North America Hybrid Cloud Market by Country, 2020 - 2023, USD Million
- TABLE 23 North America Hybrid Cloud Market by Country, 2024 - 2031, USD Million
- TABLE 24 North America Private Cloud Market by Country, 2020 - 2023, USD Million
- TABLE 25 North America Private Cloud Market by Country, 2024 - 2031, USD Million
- TABLE 26 North America Serverless Computing Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 27 North America Serverless Computing Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 28 North America BFSI Market by Country, 2020 - 2023, USD Million
- TABLE 29 North America BFSI Market by Country, 2024 - 2031, USD Million
- TABLE 30 North America IT & Telecom Market by Country, 2020 - 2023, USD Million
- TABLE 31 North America IT & Telecom Market by Country, 2024 - 2031, USD Million
- TABLE 32 North America Healthcare & Life Sciences Market by Country, 2020 - 2023, USD Million
- TABLE 33 North America Healthcare & Life Sciences Market by Country, 2024 - 2031, USD Million
- TABLE 34 North America Retail & Consumer Goods Market by Country, 2020 - 2023, USD Million
- TABLE 35 North America Retail & Consumer Goods Market by Country, 2024 - 2031, USD Million
- TABLE 36 North America Manufacturing Market by Country, 2020 - 2023, USD Million
- TABLE 37 North America Manufacturing Market by Country, 2024 - 2031, USD Million
- TABLE 38 North America Government & Defense Market by Country, 2020 - 2023, USD Million
- TABLE 39 North America Government & Defense Market by Country, 2024 - 2031, USD Million
- TABLE 40 North America Transportation & Logistics Market by Country, 2020 - 2023, USD Million
- TABLE 41 North America Transportation & Logistics Market by Country, 2024 - 2031, USD Million
- TABLE 42 North America Other Industry Vertical Market by Country, 2020 - 2023, USD Million
- TABLE 43 North America Other Industry Vertical Market by Country, 2024 - 2031, USD Million
- TABLE 44 North America Serverless Computing Market by Country, 2020 - 2023, USD Million
- TABLE 45 North America Serverless Computing Market by Country, 2024 - 2031, USD Million
- TABLE 46 US Serverless Computing Market, 2020 - 2023, USD Million
- TABLE 47 US Serverless Computing Market, 2024 - 2031, USD Million
- TABLE 48 US Serverless Computing Market by Service Model, 2020 - 2023, USD Million
- TABLE 49 US Serverless Computing Market by Service Model, 2024 - 2031, USD Million
- TABLE 50 US Serverless Computing Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 51 US Serverless Computing Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 52 US Serverless Computing Market by Deployment, 2020 - 2023, USD Million
- TABLE 53 US Serverless Computing Market by Deployment, 2024 - 2031, USD Million
- TABLE 54 US Serverless Computing Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 55 US Serverless Computing Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 56 Canada Serverless Computing Market, 2020 - 2023, USD Million
- TABLE 57 Canada Serverless Computing Market, 2024 - 2031, USD Million
- TABLE 58 Canada Serverless Computing Market by Service Model, 2020 - 2023, USD Million
- TABLE 59 Canada Serverless Computing Market by Service Model, 2024 - 2031, USD Million
- TABLE 60 Canada Serverless Computing Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 61 Canada Serverless Computing Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 62 Canada Serverless Computing Market by Deployment, 2020 - 2023, USD Million
- TABLE 63 Canada Serverless Computing Market by Deployment, 2024 - 2031, USD Million
- TABLE 64 Canada Serverless Computing Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 65 Canada Serverless Computing Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 66 Mexico Serverless Computing Market, 2020 - 2023, USD Million
- TABLE 67 Mexico Serverless Computing Market, 2024 - 2031, USD Million
- TABLE 68 Mexico Serverless Computing Market by Service Model, 2020 - 2023, USD Million
- TABLE 69 Mexico Serverless Computing Market by Service Model, 2024 - 2031, USD Million
- TABLE 70 Mexico Serverless Computing Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 71 Mexico Serverless Computing Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 72 Mexico Serverless Computing Market by Deployment, 2020 - 2023, USD Million
- TABLE 73 Mexico Serverless Computing Market by Deployment, 2024 - 2031, USD Million
- TABLE 74 Mexico Serverless Computing Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 75 Mexico Serverless Computing Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 76 Rest of North America Serverless Computing Market, 2020 - 2023, USD Million
- TABLE 77 Rest of North America Serverless Computing Market, 2024 - 2031, USD Million
- TABLE 78 Rest of North America Serverless Computing Market by Service Model, 2020 - 2023, USD Million
- TABLE 79 Rest of North America Serverless Computing Market by Service Model, 2024 - 2031, USD Million
- TABLE 80 Rest of North America Serverless Computing Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 81 Rest of North America Serverless Computing Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 82 Rest of North America Serverless Computing Market by Deployment, 2020 - 2023, USD Million
- TABLE 83 Rest of North America Serverless Computing Market by Deployment, 2024 - 2031, USD Million
- TABLE 84 Rest of North America Serverless Computing Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 85 Rest of North America Serverless Computing Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 86 Key Information - Amazon Web Services, Inc.
- TABLE 87 Key Information - Google LLC
- TABLE 88 Key Information - IBM Corporation
- TABLE 89 Key Information - Microsoft Corporation
- TABLE 90 Key Information - Oracle Corporation
- TABLE 91 Key Information - Alibaba Cloud
- TABLE 92 Key Information - Cloudflare, Inc.
- TABLE 93 Key Information - Tencent Holdings Ltd.
- TABLE 94 Key Information - Salesforce, Inc.
- TABLE 95 Key Information - SAP SE
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.