Serverless Architecture Market - Forecast(2024 - 2030)
Overview
Serverless Architecture Market is forecast to reach $22.3 billion by 2025, after growing at a CAGR of 23.3% during 2020-2025. The driving factor for the server less market during the forecast period is analyzed to be the rise in demand for Function-as-a-service and backend-as –a-service as it eliminates the need of server management.
Key Takeaways
- Owing to the well-established cloud structure and the further developments in this technology are leading the North-America to hold a major market share in Serverless market.
- IT and Telecom industry is holding the major market share owing to the significant rise in adoption of this technology in the app developers.
- The major driving factor of the Serverless market is the shift from DevOps to serverless computing.
Organization Size-Segment Analysis
The large enterprises hold the
major market share in 2018 with 58.7% owing to a significant adoption rate of
the serverless technology by app developers as this eliminates the need for server
management as serverless architecture is a software design pattern where
applications are hosted by a third party service with cloud storage. Usually hosting
a software application on the internet involves management of physical but it
is eliminated while employing serverless architecture and it can perform all
the cloud based applications. It provides the enterprises with low IT &
infrastructure costs and high scalability. Moreover, the use of real time web
applications and data processing in the large enterprises is contributing to
the market share. However the small & medium scale enterprises are analyzed
to have the higher growth rate during the forecast period 2020-2025 owing to
the increasing demand for the cost-efficient scalable technology offered by the
serverless computing.
Industry - Segment Analysis
Owing to the
wide range of benefits of the serverless architecture the IT and telecom
industry has dominated the Serverless architecture market in 2018. It is also
analyzed to grow at a CAGR of 26.40% during the forecast period 2020-2025. The
use of this technology provides extreme optimization in the distributed
computing scenarios of the IT sector as it eliminates manual provision,
maintain and scale compute resources. It provides the auto-scaling of resources
in case of voluminous and variable workloads. In E-commerce, retail and
healthcare industries this technology can be used for combining the traditional
and big data workloads for advanced analytics and real-time decision support.
Geography - Segment Analysis
North America is holding the major market share of 48% in
2018, owing to the increased demand from app development market in this region
and the significantly high adoption of serverless architecture for IoT
applications. Moreover the increase in number of startups in the past five
years and the investments poured into these firms is also contributing to the
major market share. However, APAC is analyzed to grow at highest CAGR in
serverless architecture market due to the rise in IT modernization observed in
the telecommunications industries in countries such as China, India and Japan.
The major factor such as the increase in the adoption of IoT based devices in
countries such as Taiwan and South Korea are analyzed to boost the market
during the forecast period 2020-2025.
Drivers – Serverless Architecture Market
- Cost effective due to the elimination of management of the servers
Server
management is defined as monitoring the activities and apps running on a server
and managing them accordingly. Server management incurs higher costs and is a
complex task. However, in the server less architecture functions and the third
party services are used that do not involve any kind of managed servers and
impacting on the lower costs. Owing to various advantages and cost efficiency
of the serverless architecture many vendors such as Amazon, Google and so on
are investing in this technology and thereby elevating the serverless
architecture market.
- Shift from DevOps to serverless computing
DevOps is used to bridge the gap
between the developers and operators. However with the development of
serverless architecture there has been a significant shift towards this
technology by the major vendors as there is no need of any management thereby
acting as the driving factor for serverless architecture market.
Challenges – Serverless Architecture Market
- Security Issues
As the serverless architecture is majorly associated with
third party APIs there are security and compliance issues such as vendor
control, multi-tenancy problems and so on. Due to the absence of the management
system there are issues including system downtime, forced API upgrades and so
on. In addition to this, security concerns and ambiguity arise when multiple
customers share the same serverless architecture. Therefore all the above
factors are set to impede the growth of Serverless architecture market during
the forecast period.
Market Landscape
Technology launches, acquisitions and R&D
activities are key strategies adopted by players in the Serverless Architecture
Market. In 2018, the market of server less has been consolidated by the top five
players including Alibaba Group, Amazon Web Services, Google LLC, IBM
Corporation, Microsoft Corporation, Rackspace Inc., Oracle Corp., Platform9
Systems, Inc., Tibco Software, Syncano among others.
New Technologies/Investments
- As of 2018, Serverless Inc., a serverless platform provider has received investments of $13M for the development platform that allows developers to build and deploy serverless applications across multiple providers.
- In April 2019, Google has announced a new serverless compute platform with buit in Cloud Run, a fully managed serverless execution environment for containerized apps.
1.1 Definitions and Scope
2. Serverless Architecture Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Serverless Architecture Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Serverless Architecture Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Serverless Architecture Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Serverless Architecture Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Serverless Architecture Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
LIST OF TABLES
1.Global Serverless Architecture Market By Service Type Market 2023-2030 ($M)1.1 Automation & Integration Services Market 2023-2030 ($M) - Global Industry Research
1.2 Monitoring Services Market 2023-2030 ($M) - Global Industry Research
1.3 API Management Services Market 2023-2030 ($M) - Global Industry Research
1.4 Security Market 2023-2030 ($M) - Global Industry Research
1.5 Support & Maintenance Market 2023-2030 ($M) - Global Industry Research
1.6 Training & Consulting Market 2023-2030 ($M) - Global Industry Research
2.Global Market By Deployment Model Market 2023-2030 ($M)
2.1 Private Cloud Market 2023-2030 ($M) - Global Industry Research
2.2 Public Cloud Market 2023-2030 ($M) - Global Industry Research
3.Global Market By Organization Size Market 2023-2030 ($M)
3.1 Small & Medium-Sized Enterprises Market 2023-2030 ($M) - Global Industry Research
3.2 Large Enterprises Market 2023-2030 ($M) - Global Industry Research
4.Global Serverless Architecture Market By Vertical Market 2023-2030 ($M)
4.1 Telecommunications & It Market 2023-2030 ($M) - Global Industry Research
4.2 Retail & Ecommerce Market 2023-2030 ($M) - Global Industry Research
4.3 Healthcare & Life Sciences Market 2023-2030 ($M) - Global Industry Research
4.4 Government & Public Sector Market 2023-2030 ($M) - Global Industry Research
4.5 Manufacturing Market 2023-2030 ($M) - Global Industry Research
4.6 Media & Entertainment Market 2023-2030 ($M) - Global Industry Research
5.Global Serverless Architecture Market By Service Type Market 2023-2030 (Volume/Units)
5.1 Automation & Integration Services Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Monitoring Services Market 2023-2030 (Volume/Units) - Global Industry Research
5.3 API Management Services Market 2023-2030 (Volume/Units) - Global Industry Research
5.4 Security Market 2023-2030 (Volume/Units) - Global Industry Research
5.5 Support & Maintenance Market 2023-2030 (Volume/Units) - Global Industry Research
5.6 Training & Consulting Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global Market By Deployment Model Market 2023-2030 (Volume/Units)
6.1 Private Cloud Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Public Cloud Market 2023-2030 (Volume/Units) - Global Industry Research
7.Global Market By Organization Size Market 2023-2030 (Volume/Units)
7.1 Small & Medium-Sized Enterprises Market 2023-2030 (Volume/Units) - Global Industry Research
7.2 Large Enterprises Market 2023-2030 (Volume/Units) - Global Industry Research
8.Global Serverless Architecture Market By Vertical Market 2023-2030 (Volume/Units)
8.1 Telecommunications & It Market 2023-2030 (Volume/Units) - Global Industry Research
8.2 Retail & Ecommerce Market 2023-2030 (Volume/Units) - Global Industry Research
8.3 Healthcare & Life Sciences Market 2023-2030 (Volume/Units) - Global Industry Research
8.4 Government & Public Sector Market 2023-2030 (Volume/Units) - Global Industry Research
8.5 Manufacturing Market 2023-2030 (Volume/Units) - Global Industry Research
8.6 Media & Entertainment Market 2023-2030 (Volume/Units) - Global Industry Research
9.North America Serverless Architecture Market By Service Type Market 2023-2030 ($M)
9.1 Automation & Integration Services Market 2023-2030 ($M) - Regional Industry Research
9.2 Monitoring Services Market 2023-2030 ($M) - Regional Industry Research
9.3 API Management Services Market 2023-2030 ($M) - Regional Industry Research
9.4 Security Market 2023-2030 ($M) - Regional Industry Research
9.5 Support & Maintenance Market 2023-2030 ($M) - Regional Industry Research
9.6 Training & Consulting Market 2023-2030 ($M) - Regional Industry Research
10.North America Market By Deployment Model Market 2023-2030 ($M)
10.1 Private Cloud Market 2023-2030 ($M) - Regional Industry Research
10.2 Public Cloud Market 2023-2030 ($M) - Regional Industry Research
11.North America Market By Organization Size Market 2023-2030 ($M)
11.1 Small & Medium-Sized Enterprises Market 2023-2030 ($M) - Regional Industry Research
11.2 Large Enterprises Market 2023-2030 ($M) - Regional Industry Research
12.North America Serverless Architecture Market By Vertical Market 2023-2030 ($M)
12.1 Telecommunications & It Market 2023-2030 ($M) - Regional Industry Research
12.2 Retail & Ecommerce Market 2023-2030 ($M) - Regional Industry Research
12.3 Healthcare & Life Sciences Market 2023-2030 ($M) - Regional Industry Research
12.4 Government & Public Sector Market 2023-2030 ($M) - Regional Industry Research
12.5 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
12.6 Media & Entertainment Market 2023-2030 ($M) - Regional Industry Research
13.South America Serverless Architecture Market By Service Type Market 2023-2030 ($M)
13.1 Automation & Integration Services Market 2023-2030 ($M) - Regional Industry Research
13.2 Monitoring Services Market 2023-2030 ($M) - Regional Industry Research
13.3 API Management Services Market 2023-2030 ($M) - Regional Industry Research
13.4 Security Market 2023-2030 ($M) - Regional Industry Research
13.5 Support & Maintenance Market 2023-2030 ($M) - Regional Industry Research
13.6 Training & Consulting Market 2023-2030 ($M) - Regional Industry Research
14.South America Market By Deployment Model Market 2023-2030 ($M)
14.1 Private Cloud Market 2023-2030 ($M) - Regional Industry Research
14.2 Public Cloud Market 2023-2030 ($M) - Regional Industry Research
15.South America Market By Organization Size Market 2023-2030 ($M)
15.1 Small & Medium-Sized Enterprises Market 2023-2030 ($M) - Regional Industry Research
15.2 Large Enterprises Market 2023-2030 ($M) - Regional Industry Research
16.South America Serverless Architecture Market By Vertical Market 2023-2030 ($M)
16.1 Telecommunications & It Market 2023-2030 ($M) - Regional Industry Research
16.2 Retail & Ecommerce Market 2023-2030 ($M) - Regional Industry Research
16.3 Healthcare & Life Sciences Market 2023-2030 ($M) - Regional Industry Research
16.4 Government & Public Sector Market 2023-2030 ($M) - Regional Industry Research
16.5 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
16.6 Media & Entertainment Market 2023-2030 ($M) - Regional Industry Research
17.Europe Serverless Architecture Market By Service Type Market 2023-2030 ($M)
17.1 Automation & Integration Services Market 2023-2030 ($M) - Regional Industry Research
17.2 Monitoring Services Market 2023-2030 ($M) - Regional Industry Research
17.3 API Management Services Market 2023-2030 ($M) - Regional Industry Research
17.4 Security Market 2023-2030 ($M) - Regional Industry Research
17.5 Support & Maintenance Market 2023-2030 ($M) - Regional Industry Research
17.6 Training & Consulting Market 2023-2030 ($M) - Regional Industry Research
18.Europe Market By Deployment Model Market 2023-2030 ($M)
18.1 Private Cloud Market 2023-2030 ($M) - Regional Industry Research
18.2 Public Cloud Market 2023-2030 ($M) - Regional Industry Research
19.Europe Market By Organization Size Market 2023-2030 ($M)
19.1 Small & Medium-Sized Enterprises Market 2023-2030 ($M) - Regional Industry Research
19.2 Large Enterprises Market 2023-2030 ($M) - Regional Industry Research
20.Europe Serverless Architecture Market By Vertical Market 2023-2030 ($M)
20.1 Telecommunications & It Market 2023-2030 ($M) - Regional Industry Research
20.2 Retail & Ecommerce Market 2023-2030 ($M) - Regional Industry Research
20.3 Healthcare & Life Sciences Market 2023-2030 ($M) - Regional Industry Research
20.4 Government & Public Sector Market 2023-2030 ($M) - Regional Industry Research
20.5 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
20.6 Media & Entertainment Market 2023-2030 ($M) - Regional Industry Research
21.APAC Serverless Architecture Market By Service Type Market 2023-2030 ($M)
21.1 Automation & Integration Services Market 2023-2030 ($M) - Regional Industry Research
21.2 Monitoring Services Market 2023-2030 ($M) - Regional Industry Research
21.3 API Management Services Market 2023-2030 ($M) - Regional Industry Research
21.4 Security Market 2023-2030 ($M) - Regional Industry Research
21.5 Support & Maintenance Market 2023-2030 ($M) - Regional Industry Research
21.6 Training & Consulting Market 2023-2030 ($M) - Regional Industry Research
22.APAC Market By Deployment Model Market 2023-2030 ($M)
22.1 Private Cloud Market 2023-2030 ($M) - Regional Industry Research
22.2 Public Cloud Market 2023-2030 ($M) - Regional Industry Research
23.APAC Market By Organization Size Market 2023-2030 ($M)
23.1 Small & Medium-Sized Enterprises Market 2023-2030 ($M) - Regional Industry Research
23.2 Large Enterprises Market 2023-2030 ($M) - Regional Industry Research
24.APAC Serverless Architecture Market By Vertical Market 2023-2030 ($M)
24.1 Telecommunications & It Market 2023-2030 ($M) - Regional Industry Research
24.2 Retail & Ecommerce Market 2023-2030 ($M) - Regional Industry Research
24.3 Healthcare & Life Sciences Market 2023-2030 ($M) - Regional Industry Research
24.4 Government & Public Sector Market 2023-2030 ($M) - Regional Industry Research
24.5 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
24.6 Media & Entertainment Market 2023-2030 ($M) - Regional Industry Research
25.MENA Serverless Architecture Market By Service Type Market 2023-2030 ($M)
25.1 Automation & Integration Services Market 2023-2030 ($M) - Regional Industry Research
25.2 Monitoring Services Market 2023-2030 ($M) - Regional Industry Research
25.3 API Management Services Market 2023-2030 ($M) - Regional Industry Research
25.4 Security Market 2023-2030 ($M) - Regional Industry Research
25.5 Support & Maintenance Market 2023-2030 ($M) - Regional Industry Research
25.6 Training & Consulting Market 2023-2030 ($M) - Regional Industry Research
26.MENA Market By Deployment Model Market 2023-2030 ($M)
26.1 Private Cloud Market 2023-2030 ($M) - Regional Industry Research
26.2 Public Cloud Market 2023-2030 ($M) - Regional Industry Research
27.MENA Market By Organization Size Market 2023-2030 ($M)
27.1 Small & Medium-Sized Enterprises Market 2023-2030 ($M) - Regional Industry Research
27.2 Large Enterprises Market 2023-2030 ($M) - Regional Industry Research
28.MENA Serverless Architecture Market By Vertical Market 2023-2030 ($M)
28.1 Telecommunications & It Market 2023-2030 ($M) - Regional Industry Research
28.2 Retail & Ecommerce Market 2023-2030 ($M) - Regional Industry Research
28.3 Healthcare & Life Sciences Market 2023-2030 ($M) - Regional Industry Research
28.4 Government & Public Sector Market 2023-2030 ($M) - Regional Industry Research
28.5 Manufacturing Market 2023-2030 ($M) - Regional Industry Research
28.6 Media & Entertainment Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Serverless Architecture Market Revenue, 2023-2030 ($M)2.Canada Serverless Architecture Market Revenue, 2023-2030 ($M)
3.Mexico Serverless Architecture Market Revenue, 2023-2030 ($M)
4.Brazil Serverless Architecture Market Revenue, 2023-2030 ($M)
5.Argentina Serverless Architecture Market Revenue, 2023-2030 ($M)
6.Peru Serverless Architecture Market Revenue, 2023-2030 ($M)
7.Colombia Serverless Architecture Market Revenue, 2023-2030 ($M)
8.Chile Serverless Architecture Market Revenue, 2023-2030 ($M)
9.Rest of South America Serverless Architecture Market Revenue, 2023-2030 ($M)
10.UK Serverless Architecture Market Revenue, 2023-2030 ($M)
11.Germany Serverless Architecture Market Revenue, 2023-2030 ($M)
12.France Serverless Architecture Market Revenue, 2023-2030 ($M)
13.Italy Serverless Architecture Market Revenue, 2023-2030 ($M)
14.Spain Serverless Architecture Market Revenue, 2023-2030 ($M)
15.Rest of Europe Serverless Architecture Market Revenue, 2023-2030 ($M)
16.China Serverless Architecture Market Revenue, 2023-2030 ($M)
17.India Serverless Architecture Market Revenue, 2023-2030 ($M)
18.Japan Serverless Architecture Market Revenue, 2023-2030 ($M)
19.South Korea Serverless Architecture Market Revenue, 2023-2030 ($M)
20.South Africa Serverless Architecture Market Revenue, 2023-2030 ($M)
21.North America Serverless Architecture By Application
22.South America Serverless Architecture By Application
23.Europe Serverless Architecture By Application
24.APAC Serverless Architecture By Application
25.MENA Serverless Architecture By Application
26.Amazon Web Services, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Google, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.IBM, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Microsoft, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Oracle, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.CA Technologies, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Rackspace, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Alibaba, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Tibco Software, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Platform9, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Syncano, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.NTT Data, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Key Innovators, Sales /Revenue, 2015-2018 ($Mn/$Bn)