Serverless computing is a cloud-computing execution model in which the cloud provider acts as the server, dynamically managing the allocation of machine resources. Pricing is based on the actual amount of resources consumed by an application, rather than on pre-purchased units of capacity. It is a form of utility computing.
This report aims to provide a comprehensive presentation of the global market for Serverless Computing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Serverless Computing. This report contains market size and forecasts of Serverless Computing in global, including the following market information:
- Global Serverless Computing Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Serverless Computing market was valued at US$ 7697.9 million in 2022 and is projected to reach US$ 27430 million by 2029, at a CAGR of 19.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Among regions, North America is estimated to account for the largest market share in the serverless computing market in 2018. North American countries are early adopters of the serverless computing technology. Some of the major vendors operating in this region are Microsoft (US), AWS (US), Google (US), and IBM (US). It is the most developed market in terms of cloud adoption, due to various factors such as standard regulations, advanced IT infrastructure, the presence of a large number of enterprises, and availability of technical expertise.
We surveyed the Serverless Computing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Serverless Computing Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Serverless Computing Market Segment Percentages, by Type, 2022 (%)
- Private Cloud
- Public Cloud
Global Serverless Computing Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Serverless Computing Market Segment Percentages, by Application, 2022 (%)
- BFSI
- Telecommunications and IT
- Retail and E-commerce
- Healthcare and Life Sciences
- Government and Public Sector
- Manufacturing
- Media and Entertainment
- Others
Global Serverless Computing Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Serverless Computing Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Serverless Computing revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Serverless Computing revenues share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- Amazon Web Services (AWS)
- Google
- IBM
- Microsoft
- Oracle
- Broadcom
- Rackspace
- Alibaba
- Tibco Software
- Platform9
- Syncano
- NTT Data
- Joyent
- Iron.io
- Stdlib
- Realm
- Galactic Fog Ip Inc
- Modubiz
- Tarams Software Technologies
- Snyk
- Dynatrace
- Fiorano Software
- Manjrasoft
- Sixsq
- Twistlock
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Serverless Computing, market overview.
- Chapter 2: Global Serverless Computing market size in revenue.
- Chapter 3: Detailed analysis of Serverless Computing company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Serverless Computing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: The main points and conclusions of the report.
