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The global serverless architecture market attained a value of USD 8.79 billion in 2023. The serverless architecture market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 30% to reach USD 93.19 billion by 2032.
The serverless architecture market is driven by the elimination of the requirement to manage servers, thus, as a result lowering infrastructure cost.
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Serverless architecture is referred to as the branch of cloud computing in which the developers are able to write codes and develop applications on virtual systems, sans bothering about the infrastructure and server. It is principally an amalgamation of self-managed functions and cloud services that offer serverless applications.
The serverless architecture market can be segmented based on the deployment model, organisation size, and end-use.
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The serverless architecture market is divided based on the deployment model into:
The serverless architecture market is segmented based on organisation size into:
On the basis of end-use, the serverless architecture market is divided into:
The EMR report looks into the regional markets of serverless architecture like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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The global serverless architecture market is driven by the elimination of the requirement to manage servers; as a result, reducing infrastructure costs. The industry is further enhanced by the ease of deployment, execution, and management. The shift from DevOps to serverless computing will provide an impetus to the industry growth of serverless architecture. The market for microservices architecture is witnessing proliferation, thus, further propelling the industry forward.
The report presents a detailed analysis of the following key players in the global serverless architecture market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Deployment Model |
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| Breakup by Organization Size |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market attained a value of approximately 8.79 billion.
The market is projected to grow at a CAGR of 30% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of 93.19 billion by 2032.
The major market drivers are reduced infrastructure cost and increasing ease of execution, deployment, and management.
The key trends in the market are shift from DevOps to serverless computing and the elimination of need to manage servers.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The deployment models of serverless architecture in the market include private cloud and public cloud.
The different organisation sizes in the market for serverless architecture include small and medium-sized enterprises and large enterprises.
The end uses of serverless architecture in the market include banking, financial services and insurance, telecommunication and IT, retail and e-commerce, healthcare, manufacturing, and media and entertainment, among others.
The major players in the global serverless architecture market are Amazon Web Series Inc., Google LLC, IBM Corporation, Microsoft Corporation, Oracle Corporation, Platform9 Systems Inc., Serverless Inc., TIBCO Software Inc., and Alibaba Group, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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