PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1723619
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1723619
Serverless Computing Market Introduction and Overview
According to SPER market research, 'Global Serverless Computing Market Size- By Service Model, By Deployment, By Enterprise Size, By End-User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Serverless Computing Market is predicted to reach 94.6 billion by 2034 with a CAGR of 14.33%.
Serverless computing, also called function as a service (FaaS), is a cloud infrastructure that handles all server operations and maintenance. Services like Azure Functions, Google Cloud Functions, and AWS Lambda let developers concentrate on building their applications instead of managing servers. This architecture is popular because it improves agility and scalability. It reduces tasks like server provisioning and capacity planning by the cloud provider.
Restraints: One problem for the serverless computing market is handling the complexity that comes with large-scale implementation. While serverless architecture streamlines some areas of IT infrastructure, it can complicate integration and system management, particularly when working with legacy systems and complex corporate applications.
Scope of the Report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Service Model, By Deployment, By Enterprise Size, By End-User.
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.
Companies Covered Amazon Web Services (AWS), Microsoft Corporation, Google, Inc, IBM Corporation, Alibaba Cloud, Oracle Corporation, Red Hat, Inc, Cloudflare, Inc, Tencent Cloud, SAP SE.
Serverless Computing Market Segmentation:
By Service Model: Based on the Service Model, Global Serverless Computing Market is segmented as; Function-as-a-service, Backend-as-a-service.
By Deployment: Based on the Deployment, Global Serverless Computing Market is segmented as; Public Cloud, Private Cloud, Hybrid Cloud.
By Enterprise Size: Based on the Enterprise Size, Global Serverless Computing Market is segmented as; Large Enterprises, Small & Medium Sized Enterprises.
By End-User: Based on the End-User, Global Serverless Computing Market is segmented as; IT & Telecom, BFSI, Healthcare & Life Sciences, Retail & Consumer Goods, Government & Defense, Transportation & Logistics, Manufacturing, Others.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.