The global serverless architecture market was valued at USD 7723.25 million in 2021 and is expected to project robust growth during the forecast period, registering a CAGR of 26.39%. The growing number of verticals that use distributed workloads is a major driver of the serverless architecture market.

The term "Serverless Architecture" refers to a computer architecture that enables programmers to create and run programs without having to provide, set up, or manage infrastructure. Serverless computing enables developers to concentrate efforts on writing code that directly adds value to the business by outsourcing infrastructure management to a third party. The sort of serverless computing presented in this paper executes functions in response to predetermined events or triggers, despite the fact that the term "serverless computing" can refer to a wide range of services. This style of serverless computing, also known as "functions as a service," makes use of transient functions that form applications that are run inside of a serverless architecture.

Growing IoT ecosystem leading to the emergence of serverless architecture application:

The shift of various industries into a data-driven framework as a result of rapid technical advancements and innovations has created enormous potential. Additionally, enterprises who are using this technology to improve their operations in order to promote productivity and cost-efficiency are contributing to the considerable surge in IoT usage. In the expanding IoT ecosystem, serverless computing has found several uses, including data processing. Batch processing, access to external APIs, and data routing using only HTTP requests from the user's device are all possible with serverless computing, which lessens the demand on hardware. These are all viewed as significant in driving serverless architecture market.

Market expansion for cloud infrastructure services:

Owing to significant advantages that cloud computing offers, its use has grown rapidly in the global ICT sector.   Asian nations, particularly China, India, and South Korea, have experienced rapid growth in the cloud computing and serverless architecture markets as a result of their impressive adoption of this technology across a range of business sizes. Additionally, rising internet usage and a preference for technology among emerging firms are the main drivers of market expansion. Such a significant growth trend in developing the Asian market presents a good opportunity for the serverless architecture market during the forecast period.

Growing necessity to address server management issues:

Due to the ongoing expansion of the data landscape and rising server demand, IT managers and administrators must perform ongoing management duties. They employ a variety of solutions, such as Microsoft SCCM, but it is not sufficient to handle all the demands. They encounter a variety of difficulties when managing servers, including server deployment, system configuration modifications, patch management for Windows, application packaging, change administration, change testing, and application deployment. Because the vendor manages the servers, this technology aids the developers in resolving problems with server management. Additionally, this lowers the investment in DevOps, which cuts costs. The IT staff is also given more freedom to develop and expand their applications thanks to other advantages such as scalability and flexibility, which relieve them from being bound by server capacity. All these advantages are driving the adoption of serverless architecture to undertake server challenges and act as a major driver for the market growth.


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Market Segmentation

The global serverless Architecture Market is segmented based on type, deployment model, organization size, end user, and region, and. Based on type, the market is further fragmented into automation & integration services, monitoring services, API management services, security and support & maintenance. Based on deployment model, the market is segmented into public cloud and private cloud. Based on organization size, the market is segmented into small & medium-sized enterprises and large enterprises. Based on end user, the market is fragmented into BFSI, telecommunications & IT, retail & Ecommerce, healthcare, manufacturing, media & entertainment, and others. The market analysis also studies the regional segmentation, divided among North America, Europe, Asia Pacific, MEA, and South America.

Company Profiles

Amazon Web Services, Microsoft Corporation, Google LLC, IBM Corporation, Alibaba Group, Oracle Corporation, TIBCO Software Inc., Rackspace Technology Inc.., Twilio Inc., Platform9 Systems Inc., Dell Technologies Inc., Cloudflare, Inc., DigitalOcean, Inc., Dynatrace, Inc., and Nimbella, Inc. are among the major market players operating on the global platform.

Attribute

Details

Market size value in 2021

USD7723.25 Million 

Revenue Forecast in 2027

USD31643.75 Million

Growth Rate

26.39%

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in (USD million), and CAGR for 2017-2021 and 2022-2027

Report Coverage

·         Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         Deployment Model

·         Organization Size

·         End User

Regional Scope

North America, Europe, Asia-Pacific, MEA, South America

Key Companies Profiled

Amazon Web Services, Microsoft Corporation, Google LLC, IBM Corporation, Alibaba Group, Oracle Corporation, TIBCO Software Inc., Rackspace Inc., Twilio Inc., Platform9 Systems Inc., Dell Technologies Inc., Cloudflare, Inc., DigitalOcean, Inc., Dynatrace Inc., and Nimbella, Inc.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

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Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

 

Report Scope:

In this report, global serverless architecture market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Serverless Architecture Market, By Type:

o   Automation & Integration Services

o   Monitoring Services

o   API Management Services

    • Security & Maintenance
  • Serverless Architecture Market, By Deployment Model:

o   Public Cloud

o   Private Cloud

·         Serverless Architecture Market, By End User:

o   BFSI

o   Telecommunications & IT

o   Retail & Ecommerce

o   Healthcare

o   Manufacturing

o   Media & Entertainment

o   Others

·         Serverless Architecture Market, By Region:

    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • Germany
      • United Kingdom
      • France
      • Spain
      • Italy
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
      • Rest of Asia-Pacific
    • Middle East & Africa
      • UAE
      • Saudi Arabia
      • South Africa
      • Iraq
      • Rest of Middle East & Africa
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Rest of South America

 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global serverless architecture market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Serverless Architecture Market

5.    Voice of Customer

5.1.  Brand Awareness

5.2.  Factors Considered for Choosing Serverless Architecture Vendor

5.3.  Major Challenges Related to Serverless Architecture

6.    Global Serverless Architecture Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Automation & Integration Services, Monitoring Services, API Management Services, Security & Maintenance)

6.2.2.     By Deployment Model (Public Cloud, Private Cloud)

6.2.3.     By Organization Size (Small & Medium-Sized Enterprises, Large Enterprises)

6.2.4.     By End User (BFSI, Telecommunications & IT, Retail & Ecommerce, Healthcare, Manufacturing, Media & Entertainment, Others)

6.2.5.     By Region (North America, Europe, Asia-Pacific, Middle East & Africa, South America)

6.2.6.     By Company (2021)

6.3.  Market Map

7.    North America Serverless Architecture Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Deployment Model

7.2.3.     By Organization Size

7.2.4.     By End User

7.2.5.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Serverless Architecture Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By Deployment Model

7.3.1.2.3.             By Organization Size

7.3.1.2.4.             By End User

7.3.2.      Canada Serverless Architecture Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By Deployment Model

7.3.2.2.3.             By Organization Size

7.3.2.2.4.             By End User

7.3.3.     Mexico Serverless Architecture Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By Deployment Model

7.3.3.2.3.             By Organization Size

7.3.3.2.4.             By End User

8.    Europe Serverless Architecture Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Deployment Model

8.2.3.     By Organization Size

8.2.4.     By End User

8.2.5.     By Country

8.3.  Europe: Country Analysis

8.3.1.     Germany Serverless Architecture Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Deployment Model

8.3.1.2.3.             By Organization Size

8.3.1.2.4.             By End User

8.3.2.     United Kingdom Serverless Architecture Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Deployment Model

8.3.2.2.3.             By Organization Size

8.3.2.2.4.             By End User

8.3.3.     France Serverless Architecture Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Deployment Model

8.3.3.2.3.             By Organization Size

8.3.3.2.4.             By End User

8.3.4.     Spain Serverless Architecture Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By Deployment Model

8.3.4.2.3.             By Organization Size

8.3.4.2.4.             By End User

8.3.5.     Italy Serverless Architecture Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By Deployment Model

8.3.5.2.3.             By Organization Size

8.3.5.2.4.             By End User

9.    Asia-Pacific Serverless Architecture Market

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Deployment Model

9.2.3.     By Organization Size

9.2.4.     By End User

9.2.5.     By Country

9.3.  Asia-Pacific: Country Analysis

9.3.1.     China Serverless Architecture Market

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Deployment Model

9.3.1.2.3.             By Organization Size

9.3.1.2.4.             By End User

9.3.2.     Japan Serverless Architecture Market

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Deployment Model

9.3.2.2.3.             By Organization Size

9.3.2.2.4.             By End User

9.3.3.     India Serverless Architecture Market

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Deployment Model

9.3.3.2.3.             By Organization Size

9.3.3.2.4.             By End User

9.3.4.     South Korea Serverless Architecture Market

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Type

9.3.4.2.2.             By Deployment Model

9.3.4.2.3.             By Organization Size

9.3.4.2.4.             By End User

9.3.5.     Australia Serverless Architecture Market

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Type

9.3.5.2.2.             By Deployment Model

9.3.5.2.3.             By Organization Size

9.3.5.2.4.             By End User

10.  Middle East and Africa Serverless Architecture Market

10.1.        Market Size & Forecast

10.1.1.  By Value

10.2.        Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Deployment Model

10.2.3.  By Organization Size

10.2.4.  By End User

10.2.5.  By Country

10.3.        Middle East & Africa: Country Analysis

10.3.1.  UAE Serverless Architecture Market

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Deployment Model

10.3.1.2.3.           By Organization Size

10.3.1.2.4.           By End User

10.3.2.  Saudi Arabia Serverless Architecture Market

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.&nb