Market Overview:
The global serverless architecture market reached a value of US$ 9.02 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 25.65 Billion by 2027, exhibiting a CAGR of 18.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Serverless architecture is a software design technique allowing developers to create and execute services without managing the underlying infrastructure. It also assists in writing and deploying codes, while a cloud provider provisions servers to execute the applications, databases, and storage systems. It reduces the cost of DevOps and enables developers to design and enhance their apps without being limited by server capacity. As a result, it finds extensive applications in the information and technology (IT), telecom, healthcare, manufacturing, media and entertainment, retail, and e-commerce industries.
Serverless Architecture Market Trends:
Presently, there is a rise in the utilization of cloud-based applications for accessing, storing, and retrieving files from a web-enabled interface. This, along with the growing demand for serverless architecture to eliminate the management of the server, represents one of the key factors driving the market. Moreover, the increasing awareness about the benefits of streamlining operations, such as increased cost efficiency, improved productivity and communication, better time management, and reduced risk, is propelling the growth of the market. In addition, there is a rise in app development as it allows users to have easy and functional access to information, products, services, and processes in real-time. This, coupled with the increasing digital-centric business models across the globe, is offering lucrative growth opportunities to industry investors. Besides this, the growing employment of the internet of things (IoT) to optimize manufacturing operations, track assets with increasing accuracy, target existing consumer services, and create entirely new services and business models is positively influencing the market. Apart from this, the escalating demand for serverless architecture by various organizations to eliminate expensive traditional and time-consuming approaches, such as purchasing new hardware components, installing, configuring, and troubleshooting, is bolstering the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global serverless architecture market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on service type, deployment model, organization size and industry vertical.
Breakup by Service Type:
- Automation and Integration
- Monitoring
- API Management
- Security
- Analytics
- Design and Consulting
- Others
Breakup by Deployment Model:
- Public Cloud
- Private Cloud
Breakup by Organization Size:
- Small and Medium-sized Enterprises
- Large Enterprises
Breakup by Industry Vertical:
- BFSI
- IT and Telecom
- Healthcare
- Manufacturing
- Media and Entertainment
- Public Sector
- Retail and E-Commerce
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amazon Web Services Inc. (Amazon.com Inc.), Broadcom Inc., Cloudflare Inc., Google LLC (Alphabet Inc.), International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Platform9 Systems Inc., Serverless Inc., Tibco Software Inc. and Twilio Inc.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Service Type, Deployment Model, Organization Size, Industry Vertical, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Amazon Web Services Inc. (Amazon.com Inc.), Broadcom Inc., Cloudflare Inc., Google LLC (Alphabet Inc.), International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Platform9 Systems Inc., Serverless Inc., Tibco Software Inc. and Twilio Inc. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global serverless architecture market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global serverless architecture market?
- What are the key regional markets?
- What is the breakup of the market based on the service type?
- What is the breakup of the market based on the deployment model?
- What is the breakup of the market based on the organization size?
- What is the breakup of the market based on the industry vertical?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global serverless architecture market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Serverless Architecture Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Service Type
6.1 Automation and Integration
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Monitoring
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 API Management
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Security
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Analytics
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Design and Consulting
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Others
6.7.1 Market Trends
6.7.2 Market Forecast
7 Market Breakup by Deployment Model
7.1 Public Cloud
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Private Cloud
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Organization Size
8.1 Small and Medium-sized Enterprises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Large Enterprises
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Industry Vertical
9.1 BFSI
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 IT and Telecom
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Healthcare
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Manufacturing
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Media and Entertainment
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Public Sector
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Retail and E-Commerce
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Others
9.8.1 Market Trends
9.8.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Amazon Web Services Inc. (Amazon.com Inc.)
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 SWOT Analysis
15.3.2 Broadcom Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Cloudflare Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.4 Google LLC (Alphabet Inc.)
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 SWOT Analysis
15.3.5 International Business Machines Corporation
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Microsoft Corporation
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Oracle Corporation
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Platform9 Systems Inc.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Serverless Inc.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Tibco Software Inc.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 SWOT Analysis
15.3.11 Twilio Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
List of Figures
Figure 1: Global: Serverless Architecture Market: Major Drivers and Challenges
Figure 2: Global: Serverless Architecture Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Serverless Architecture Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Serverless Architecture Market: Breakup by Service Type (in %), 2021
Figure 5: Global: Serverless Architecture Market: Breakup by Deployment Model (in %), 2021
Figure 6: Global: Serverless Architecture Market: Breakup by Organization Size (in %), 2021
Figure 7: Global: Serverless Architecture Market: Breakup by Industry Vertical (in %), 2021
Figure 8: Global: Serverless Architecture Market: Breakup by Region (in %), 2021
Figure 9: Global: Serverless Architecture (Automation and Integration) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Serverless Architecture (Automation and Integration) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Serverless Architecture (Monitoring) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Serverless Architecture (Monitoring) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Serverless Architecture (API Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Serverless Architecture (API Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Serverless Architecture (Security) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Serverless Architecture (Security) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Serverless Architecture (Analytics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Serverless Architecture (Analytics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Serverless Architecture (Design and Consulting) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Serverless Architecture (Design and Consulting) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Serverless Architecture (Other Service Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Serverless Architecture (Other Service Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Serverless Architecture (Public Cloud) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Serverless Architecture (Public Cloud) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Serverless Architecture (Private Cloud) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Serverless Architecture (Private Cloud) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Serverless Architecture (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Serverless Architecture (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Serverless Architecture (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Serverless Architecture (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Serverless Architecture (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Serverless Architecture (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Serverless Architecture (IT and Telecom) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Serverless Architecture (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Serverless Architecture (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Serverless Architecture (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Serverless Architecture (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Serverless Architecture (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Serverless Architecture (Media and Entertainment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Serverless Architecture (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Serverless Architecture (Public Sector) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Serverless Architecture (Public Sector) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Global: Serverless Architecture (Retail and E-Commerce) Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Global: Serverless Architecture (Retail and E-Commerce) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Global: Serverless Architecture (Other Industry Vertical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Global: Serverless Architecture (Other Industry Vertical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: North America: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: North America: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: United States: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: United States: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Canada: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Canada: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Asia-Pacific: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Asia-Pacific: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: China: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: China: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Japan: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Japan: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: India: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: India: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: South Korea: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: South Korea: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Australia: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Australia: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Indonesia: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Indonesia: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Others: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Others: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Europe: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Europe: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Germany: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Germany: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: France: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: France: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: United Kingdom: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: United Kingdom: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Italy: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Italy: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Spain: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Spain: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Russia: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Russia: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Others: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Others: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Latin America: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Latin America: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Brazil: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Brazil: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Mexico: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Mexico: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Others: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 92: Others: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: Middle East and Africa: Serverless Architecture Market: Sales Value (in Million US$), 2016 & 2021
Figure 94: Middle East and Africa: Serverless Architecture Market: Breakup by Country (in %), 2021
Figure 95: Middle East and Africa: Serverless Architecture Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 96: Global: Serverless Architecture Industry: SWOT Analysis
Figure 97: Global: Serverless Architecture Industry: Value Chain Analysis
Figure 98: Global: Serverless Architecture Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Serverless Architecture Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Serverless Architecture Market Forecast: Breakup by Service Type (in Million US$), 2022-2027
Table 3: Global: Serverless Architecture Market Forecast: Breakup by Deployment Model (in Million US$), 2022-2027
Table 4: Global: Serverless Architecture Market Forecast: Breakup by Organization Size (in Million US$), 2022-2027
Table 5: Global: Serverless Architecture Market Forecast: Breakup by Industry Vertical (in Million US$), 2022-2027
Table 6: Global: Serverless Architecture Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Serverless Architecture Market: Competitive Structure
Table 8: Global: Serverless Architecture Market: Key Players