Serverless Architecture Market by Deployment Model (Public Cloud and Private Cloud), Application (Real-time File/Stream Processing, Web Application Development, IoT Backend, and Others), Organization Size (Large Enterprises and SMEs), and Industry Vertical (BFSI, IT & Telecom, Healthcare, Manufacturing, Media & Entertainment, Public Sector, Retail & E-Commerce, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2027

ID: VPR/ICT/250 Publishing Year: February 2021 Pages: 120 Format:   


Market Overview:

The Business Process-as-a-Service (BPaaS) Market was valued at $XXX billion in2019, and it is expected to reach $XXX billion by 2027, registering a CAGR of XX% from 2021 to 2027. Serverless Architecture is also known as Serverless Computing. It is a software design pattern where applications are provided by a third-party service, which eliminates the need for server software and hardware management by the developer. Serverless Computing offers several advantages over traditional cloud-based by providing more scalability flexibility and quicker time to release this architecture reduces the investments in DevOps by developers with no server management required. It frees up developers to create and expand their applications without being constrained by server capacity at lower expenses. Developers are only charged for the server space they use by offering the facility of pay-as-you-go. Applications built with a Serverless infrastructure will scale automatically as the user base rise in usage. Serverless Architecture has quick deployment.

Heavy development in innovative mobile apps, enabled business agility, improved resiliency, increasing need to eliminate management of servers, and shift from Devops to Serverless Computing are the factors driving the market of Serverless Architecture. Serverless Computing has turned up as a vital element for the deployment of cloud services and applications. However, the use of Serverless Architecture had led to the issue of testing and debugging has become more challenging, and introducing new security concerns. The factors such as Problems due to third-party API system, Lack of operational tools, Architectural complexity, Implementation drawbacks are hampering the growth of the Serverless Architecture market. Furthermore, SMEs are anticipated to exhibit the highest growth rate during the Serverless Architecture Market forecast period, increasing demand for cost-efficient and scalable technology, which can reduce IT and infrastructure costs among these organizations while offering high scalability. 

Segment Overview:

The Serverless Architecture Market is segmented by deployment, application, organization size, and industry vertical.

Deployment Insights:

The deployment segment is divided into the Public Cloud and Private Cloud. Serverless Architecture is an execution model in which the cloud provider runs the server, and actively manages the allocation of machine resources. Precisely, in a public infrastructure as a service (IaaS), the end-user isn’t physically managing servers.

Application Insights:

The application segment is divided into Real-time File/Stream Processing, Web Application Development, IoT Backend, and Others. Real-time processing deals with streams of data that are captured in real-time and processed with minimal latency to generate real-time automated responses. Adopting Serverless Architecture methodologies allows organizations to focus on their core business value, rather than on IT maintenance.

Organization Size Insights:

This segment is categorized into large enterprises and SMEs. Serverless Architecture has provided benefits to SMEs such as an organization has no longer need to worry about infrastructure management. Based on the concept of pay-as-you-go, an organization with bursts of traffic, would benefit from this because they would not have to pay for unnecessary infrastructure. However, with the development of technology, certain architectures can be moved into a Serverless cloud provider.

Industry Vertical Insights:

The industry vertical insights in divided into BFSI, IT & Telecom, Healthcare, Manufacturing, Media & Entertainment, Public Sector, Retail & E-Commerce, and Others. Serverless is an excellent architecture choice in the healthcare industry. Medical and Healthcare applications often require large scale and high-availability. Serverless makes building and operating large scale highly-available applications much easier and less costly. Serverless Architecture helps retailers to deal with the issues like scalability and security, which are the same across every retailer, and allows them to focus on projects that develop the brand experience. Empowered by the growth of mobile devices and increasing connectivity, consumers have become more demanding, and a more fragmented digital audience is growing investments from the media and entertainment sector in Serverless Architecture.

Serverless Architecture Market Key Segments:

By Deployment Model

  • Private Cloud
  • Public Cloud 

By Application

  • Real-time file/stream processing
  • Web Application Development
  • Iot Backend
  • Others 

By Organization Size

  • Large Enterprises
  • SMEs

By Industry Vertical

  • BFSI
  • IT & telecom
  • Healthcare
  • Manufacturing
  • Media & Entertainment
  • Public Sector
  • Retail & e-commerce
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

TABLE OF CONTENTS:

CHAPTER 1 MARKET INTRODUCTION

1.1. REPORT OVERVIEW

1.2. SCOPE OF THE STUDY

1.3. PRIMARY MARKET SEGMENTS

1.4. RESEARCH METHODOLOGY

CHAPTER 2 EXECUTIVE SUMMARY

2.1. C-LEVEL EXECUTIVE’S OVERVIEW AND PERSPECTIVES

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE

3.2. PRINCIPAL FINDINGS

3.2.1. Key investment pockets

3.2.2. Leading winning strategies

  3.2.3 Key Player Positioning

3.3. PORTERS FIVE FORCES OF COMPETITIVE ANALYSIS

 3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.2. Restraints

3.4.3. Opportunities

3.4.4. Impact Analysis

3.5. IMPACT OF COVID-19 ON THIS MARKET

CHAPTER 4 SERVERLESS ARCHITECTURE MARKET, BY DEPLOYMENT

4.1. SYNOPSIS

4.1.1. Market size and forecast

4.2. PUBLIC CLOUD

4.2.1. Key market trends

4.2.2. Growth factors and opportunities

4.2.3. Market size and forecast

4.3. PRIVATE CLOUD

4.3.1. Key market trends

4.3.2. Growth factors and opportunities

4.3.3. Market size and forecast

CHAPTER 5 SERVERLESS ARCHITECTURE MARKET, BY APPLICATION

5.1. SYNOPSIS

5.1.1. Market size and forecast

5.2. Real-time File/Stream Processing

5.2.1. Key market trends

5.2.2. Growth factors and opportunities

5.2.3. Market size and forecast

5.3. WEB APPLICATION DEVELOPMENT

5.3.1. Key market trends

5.3.2. Growth factors and opportunities

5.3.3. Market size and forecast

5.4. IoT BACKEND

5.4.1. Key market trends

5.4.2. Growth factors and opportunities

5.4.3. Market size and forecast

CHAPTER 6 SERVERLESS ARCHITECTURE MARKET, BY ORGANIZATION SIZE

6.1. SYNOPSIS

6.1.1. Market size and forecast

6.2. LARGE ENTERPRISE

6.2.1. Key market trends

6.2.2. Growth factors and opportunities

6.2.3. Market size and forecast

6.3. SMEs

6.3.1. Key market trends

6.3.2. Growth factors and opportunities

6.3.3. Market size and forecast

CHAPTER 7 SERVERLESS ARCHITECTURE MARKET, BY INDUSTRY VERTICAL

7.1. SYNOPSIS

7.1.1. Market size and forecast

7.2. BFSI

7.2.1. Key market trends

7.2.2. Growth factors and opportunities

7.2.3. Market size and forecast

7.3. IT & TELECOM

7.3.1. Key market trends

7.3.2. Growth factors and opportunities

7.3.3. Market size and forecast

7.4. HEALTHCARE

7.4.1. Key market trends

7.4.2. Growth factors and opportunities

7.4.3. Market size and forecast

7.5. MANUFACTURING

7.5.1. Key market trends

7.5.2. Growth factors and opportunities

7.5.3. Market size and forecast

7.6. MEDIA AND ENTERTAINMENT

7.6.1. Key market trends

7.6.2. Growth factors and opportunities

7.6.3. Market size and forecast

7.6. PUBLIC SECTOR

7.6.1. Key market trends

7.6.2. Growth factors and opportunities

7.6.3. Market size and forecast

7.6. RETAIL & E-COMMERCE

7.6.1. Key market trends

7.6.2. Growth factors and opportunities

7.6.3. Market size and forecast

7.6. OTHERS

7.6.1. Key market trends

7.6.2. Growth factors and opportunities

7.6.3. Market size and forecast

CHAPTER 8 SERVERLESS ARCHITECTURE MARKET, BY REGION

8.1 SYNOPSIS

  8.1.1. Market size and forecast

8.2 North America

8.2.1 Key market trends

8.2.2 Competitive scenario

8.2.3 Key growth factors and opportunities

8.2.4 Market size and forecast

8.3 Europe

8.3.1 Key market trends

8.3.2 Competitive scenario

8.3.3 Key growth factors and opportunities

8.3.4 Market size and forecast

8.4 Asia Pacific

8.4.1 Key market trends

8.4.2 Competitive scenario

8.4.3 Key growth factors and opportunities

8.4.4 Market size and forecast

8.5 LAMEA

8.5.1 Key market trends

8.5.2 Key growth factors and opportunities

8.5.3 Market size and forecast

CHAPTER 9 COMPANY PROFILES

9.1. Alibaba Group

9.1.1. Company overview

9.2.2. Company snapshot

9.1.3. Product portfolio

9.1.4. Business performance

9.1.5. Key strategic moves and developments

9.2 Amazon Web Services

9.2.1. Company overview

9.2.2. Company snapshot

9.2.3. Operating business segments

9.2.4. Product portfolio

9.2.5. Business performance

9.2.6. Key strategic moves and developments

9.3. Google LLC

9.3.1. Company overview

9.3.2. Company snapshot

9.3.3. Operating business segments

9.3.4. Product portfolio

9.3.5. Business performance

9.3.6. Key strategic moves and developments

9.4. IBM Corporation

9.4.1. Company overview

9.4.2. Company snapshot

9.4.3. Operating business segments

9.4.4. Product portfolio

9.4.5. Business performance

9.4.6. Key strategic moves and developments

9.5. Microsoft Corporation

9.5.1. Company overview

9.5.2. Company snapshot

9.5.3. Operating business segments

9.5.4. Product portfolio

9.5.5. Business performance

9.5.6. Key strategic moves and developments

9.6. Oracle Corporation

9.6.1. Company overview

9.6.2. Company Snapshot

9.6.3. Operating business segments

9.6.4. Product portfolio

9.6.5. Business performance

9.6.6. Key strategic moves and developments

9.7. Platform9 Systems, Inc.

9.7.1. Company overview

9.7.2. Company snapshot

9.7.3. Operating business segments

9.7.4. Product portfolio

9.7.5. Business performance

9.7.6. Key strategic moves and developments

9.8. Rackspace Inc. 

9.8.1. Company overview

9.8.2. Company snapshot

9.8.3. Operating business segments

9.8.4. Product portfolio

9.8.5. Business performance

9.8.6. Key strategic moves and developments

  9.9. Tibco Software 

9.9.1. Company overview

9.9.2. Company snapshot

9.9.3. Operating business segments

9.9.4. Product portfolio

9.9.5. Business performance

9.9.6. Key strategic moves and developments


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