Serverless Architecture Market Scope:
Serverless computing allows enterprises to deploy software without investing in the underlying infrastructure which is abstracted from the developer and the service consumer. Adoption of serverless architecture empowers companies to direct their focus on core business activities. Also, it reduces the cost of technology operations significantly. Serverless computing is being adopted by most enterprises as they eliminate the need to manage infrastructures such as physical and virtual hosts, virtual machines, containers, operating systems and others. Moreover, serverless architecture charges the consumer only for the exact duration of execution of the service which significantly reduces costs. Besides, serverless architecture is easy to deploy since planning for scaling, capacity planning and management, and other administrative activities associated with maintenance are taken care by the service provider. The growing trend of Infrastructure as a service (IaaS) and globalization of cloud computing are major drive for the growth of the Serverless Architecture Market.
The concept of serverless architecture is based on the paradigm of cloud computing. Serverless cloud computing is another cloud offering which follows an event-driven approach. In the backdrop of the present market dynamics, enterprises are under severe pressure to release advanced features and products to match the expectations of customers. The serverless architecture approach eliminates time-consuming traditional approaches which makes more room for concentrating on other functionalities. In addition, on account of the variety of potential business benefits serverless architecture offers, it has found relevance in various industry verticals which further boosts market growth. Adoption of serverless architecture can deliver many benefits but it also presents a host of challenges. Loss of control over infrastructure and concerns with third-party services are significant bottlenecks to the growth of the market. Operational complexities and security and compliance issues remain other restraining factors to the growth of the market.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/6565
Rackspace Inc., TIBCO Software Inc., Dell Boomi Inc., Amazon Web Services Inc., CA Technologies, Alibaba Cloud, Joyent Inc., Google LLC, Manjrasoft Pty Ltd., Oracle Corporation, Microsoft Corporation, Twistlock, IBM Corporation, Platform9 Systems Inc., Fiorano Software Inc., and others are the prominent players operating in the global serverless architecture market.
The global serverless architecture market has been segmented based on services, organization size, and industry vertical.
- By services, the market has been segmented into monitoring, API management, automation integration, security, support maintenance, training consulting, analytics, and others.
- By organization size, the market has been segmented into small medium enterprises and large enterprises.
- By industry vertical, the market has been segmented into BFSI, manufacturing, telecommunication IT, retail e-commerce, healthcare, government, media entertainment, transport logistics, energy utilities, and others.
North America, Latin America, Europe, Asia Pacific, and the Middle East Africa are the key markets for serverless architecture. North America market is analyzed to be a strong one. Presence of developed economies such as the US and Canada along with the concentration of key players in the region supports the growth of the market in North America. Besides, the region is a frontrunner in the adoption of the latest technologies. Presence of a large number of enterprises and the availability of well-developed IT infrastructure and technical know-how also drives the market in North America.
Access Report Details @ https://www.marketresearchfuture.com/reports/serverless-architecture-market-6565
In Europe, post the aftershock of the UK's Brexit, IT budgets remain tight. However, rising investment in technology is expected to reflect positively on the growth of the Europe serverless architecture market.
In Asia Pacific, the market is driven by a large number of SMEs who are increasingly embracing the technology. Other factors include improving the economy and high expenditure on the development of IT infrastructure.
Latin America and the Middle East Africa are expected to exhibit moderate growth over the coming years.
About Market Research Future:
Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.
The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research.
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)