Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Serverless Architecture Market Outlook

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.

Serverless Architecture Market

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Properties and Applications

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.

Serverless Architecture Market by Deployment Model

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The serverless architecture market is divided based on the deployment model into:

  • Private Cloud 
  • Public Cloud

The serverless architecture market is segmented based on organisation size into:

  • Small and Medium-Sized Enterprises 
  • Large Enterprises

On the basis of end-use, the serverless architecture market is divided into:

  • Banking, Financial Services, and Insurance 
  • Telecommunications and IT
  • Retail and Ecommerce 
  • Healthcare
  • Manufacturing 
  • Media and Entertainment 
  • Others

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.

Serverless Architecture Market by Region

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Market Analysis 

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.

Competitive Landscape

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:

  • Amazon Web Services, Inc.
  • Google LLC 
  • IBM Corporation 
  • Microsoft Corporation 
  • Oracle Corporation 
  • Platform9 Systems, Inc.
  • Serverless, Inc.
  • TIBCO Software Inc.
  • Alibaba Group
  • Others

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.

Key Highlights of the Report

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:

  • Deployment Model
  • Organization Size
  • End Use
  • Region
Breakup by Deployment Model
  • Private Cloud
  • Public Cloud
Breakup by Organization Size
  • Small and Medium-Sized Enterprises
  • Large Enterprises
Breakup by End Use
  • Banking, Financial Services, and Insurance
  • Telecommunications and IT
  • Retail and Ecommerce
  • Healthcare
  • Manufacturing
  • Media and Entertainment
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Amazon Web Services, Inc.
  • Google LLC 
  • IBM Corporation 
  • Microsoft Corporation 
  • Oracle Corporation 
  • Platform9 Systems, Inc.
  • Serverless, Inc.
  • TIBCO Software Inc.
  • Alibaba Group
  • Others
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*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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Key Questions Answered in the Report

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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