openPR Logo
Press release

Function-as-a-Service Market Key Players Strategies Analysis | Dynatrace LLC, SAP SE, Amazon Web Services, Microsoft Corporation

07-25-2018 12:17 PM CET | IT, New Media & Software

Press release from: TMR Research

Function-as-a-Service Market Key Players Strategies Analysis

Serverless computing is all the rage these days as it shifts the task of running and managing the infrastructure from the company to its cloud provider. While software as a service (SaaS), infrastructure as a service (IaaS), and Platform as a Service (PaaS) are already well known and popular in the domain of serverless computing, there is another upcoming technology – function as a service (FaaS) – which is primed to become mainstream soon enough.

Function as a service (FaaS) is essentially a software framework offered by a service provider. It can be tailored easily to serve the business needs of the user by helping them to quickly develop an application or system. By doing away with the need for heavy investments in infrastructure and hardware, FaaS results in tremendous cost savings. Some of prominent participants in the market are also big guns of the likes of Microsoft Corporation, SAP SE, Amazon Web Services, Google, Inc., and IBM.

Request a sample copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1853

From a geographical perspective, North America outshines all others due to the presence of a large number of FaaS providers and savvy companies increasingly looking to up business agility and flexibility, particularly in the advanced U.S. and Canada market. Asia Pacific, on the other hand, is slated to expand at a good clip in the foreseeable future due to businesses booming in the developing economies in the region. China, India, Taiwan, South Korea, and other nations in the region, which are home to a growing number of software firms, are frontrunners in driving expansion in the Asia Pacific market.

Global Function-as-a-Service Market: Overview

Function-as-a-service (FaaS), a.k.a. serverless computing, is creating an evolution in the field of cloud computing as it plays a pivotal role in boosting IT agility by releasing developers from the taxing job of managing and provisioning servers. The next step in cloud infrastructure as a service (IaaS), FaaS cancels the need to administer servers and pay for them when not in use while making it a whole lot easier to leverage and scale complex automation areas. It is an event-driven computing service which executes functions and codes only when required.

Global Function-as-a-Service Market: Key Trends

The international FaaS market is prophesied to grow in the black at a knockout CAGR as organizations shift from DevOps to serverless computing. During the forecast period, there could also be other factors supporting the market growth, which include maturity of hosted services, scalability, and agility. The global market could be driven by the constant need articulated by most companies regarding the optimization of microservices and management of multiple platforms. As a result, services such as microservice management and monitoring and automation and integration are anticipated to gain a relentless impetus.

Request TOC of the report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1853

Issues pertaining to portability to the cloud could act as an obstacle in the global FaaS market. Nonetheless, the availability of robust pre-existing cloud infrastructure and easy management and deployment need are forecasted to make up for the market disincentive. Companies around the world are now implementing FaaS as a means to run, manage, and deploy applications. Keeping this ability of the product in view, the market is expected to see the domination of operator-centric FaaS and developer-center FaaS in the coming years. Besides for the deployment of different applications such as those relating to research and academic and mobile and web, FaaS can be employed to optimize their performance.

Global Function-as-a-Service Market: Market Potential

Delineated as the first serverless database, FaunaDB Serverless Cloud, introduced by a San Francisco startup, is making rounds on technology news columns with its real-time data replicating ability to ensure multi-cloud availability. The serverless revolution by Fauna Inc. is proud to seamlessly span Google Cloud Platform and Amazon Web Services. Later in 2017, the company is planning to offer support to the Microsoft Azure cloud. This latest offering is based on the adaptive operational database of FaunaDB that is capable of leveraging pay-as-you-go pricing, reduced operational overhead, elastic scaling, enhanced marketing time, and other cloud capabilities.

Global Function-as-a-Service Market: Regional Outlook

The North America FaaS market is prognosticated to lean on a colossal count of FaaS providers, surging want for business agility and flexibility, and towering rate of penetration into a gamut of industry verticals in the U.S. The researchers envisage the regional market to rake in a larger share of revenue in the coming years. Asia Pacific, on similar lines, is envisioned to secure a higher rate of growth during the forecast period. This could be due to the need to streamline business operations and enhance customer experiences with the help of significant investments in cloud service providers. As a result, Asia Pacific is predicted to register a telling CAGR.

Read Comprehensive Overview of Report @ https://www.tmrresearch.com/function-as-a-service-market

Global Function-as-a-Service Market: Competitive Landscape

Players in the global FaaS market could be looking to boost customer satisfaction and focus on perpetual innovation in technology with a view to fortify their status in the industry. Additionally, partnerships, acquisitions, and new product developments are prime strategies projected to take precedence in the market. Some of the leading companies in the market are Dynatrace LLC, SAP SE, Amazon Web Services, Microsoft Corporation, Google, Inc., and IBM.

About Us:
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact Us:
Rohit Bhisey
Head Internet Marketing
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Function-as-a-Service Market Key Players Strategies Analysis | Dynatrace LLC, SAP SE, Amazon Web Services, Microsoft Corporation here

News-ID: 1145100 • Views: 178

More Releases from TMR Research

Environmental Health and Safety (EHS) Market Latest Report with Forecast to 2025 …
Global Environmental Health and Safety (EHS) Market: Snapshot Concerns regarding the rising levels of pollution and looming threat of global warming have escalated in the recent past and a number of countries, developed or developing, have come together to reduce these concerns. One of the primary reason of environmental damage is the poor compliance of regulatory by various companies, and governments are now bringing in stricter regulations, which in turn is
Water Purifier Market Highlights On Future Development 2025 | GE Corporation, Pe …
Global Water Purifier Market: Snapshot The global water purifier market is anticipated to testify the stand out dominance of new product launch in the vendor landscape as players constantly look to grab a major share while gaining a competitive edge over their challengers. Bluewater Group’s three new products launched in 2016 were deemed to help the company to strengthen its foothold in the market and attract more consumers. All of the
POS Printer Market Comprehensive Survey 2028
Global POS Printer Market: Overview With the ceaseless digitization of shopping and entertainment activities, receipt POS printers are increasingly becoming de facto for businesses for ease of transaction. The use of receipt POS printers in place of standard desktop printers directly results in savings for businesses. This is because receipt POS printers are compact in size, use less ink and paper, and easily fit on a table or anywhere else depending
Multi-Touch Marketing Attribution Software Market Growth and Restrain Factors An …
Global Multi-Touch Marketing Attribution Software Market: Overview Multi-touch marketing attribution software market is in its nascent stages of progress. The market prepares advertisers with a holistic understanding between various touch points and resulting final sales. Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=5052 The two approaches adopted in the multi-touch marketing attribution software market are first-source attribution and last touch attribution. As the name suggests, the first touch attribution devotes all credit to

All 5 Releases


More Releases for FaaS

Function As A Service (FAAS) Market Outlook and Opportunity Analysis By IBM, Goo …
Global Function as a Service Market Is Estimated To Grow By ~34% of CAGR According to Market Research Future analysis, global function as a service market has been valued at USD ~11,932 million by the end of forecast period with ~34% of CAGR during forecast period 2017 to 2022 Major forces driving the growth of function as a service market are maturity of hosted services and a gradual shift to
Function As A Service (FAAS) Market Outlook, and Opportunity Analysis By IBM, Go …
Global Function As A Service Market has been valued at USD ~11,932 million by the end of forecast period with ~34% of CAGR during forecast period 2017 to 2022. Some of the major driving factors contributing to the growth of function as a service in North America. Asia-Pacific is projected to grow at the fastest rate during the forecast period. Companies in APAC are continuously trying to improve market efficiency
Function As A Service (FAAS) Market Outlook, and Opportunity Analysis By IBM, Go …
Global Function As A Service Market has been valued at USD ~11,932 million by the end of forecast period with ~34% of CAGR during forecast period 2017 to 2022. Some of the major driving factors contributing to the growth of function as a service in North America. Asia-Pacific is projected to grow at the fastest rate during the forecast period. Companies in APAC are continuously trying to improve market efficiency
Function as a Service Market - Health Sector Proves to be Pivotal to the Growth …
Transparency Market Research (TMR) observes that competitive landscape in the global Function as a Service (FaaS) is quite dynamic and has a distinct presence of a few big players. Amazon Web Services Inc., Microsoft Corporation, VMware Inc., and Google Inc. are some of the leading players in the global market. As of 2016, these companies held a whopping share of above 80% in the global market. Research and development and
Function as a Service Market - Health Sector Proves to be Pivotal to the Growth …
Transparency Market Research (TMR) observes that competitive landscape in the global Function as a Service (FaaS) is quite dynamic and has a distinct presence of a few big players. Amazon Web Services Inc., Microsoft Corporation, VMware Inc., and Google Inc. are some of the leading players in the global market. As of 2016, these companies held a whopping share of above 80% in the global market. Research and development and
Global FAAS Market Size, Status and Forecast 2025 : Google Inc., SAP SE, Dynatra …
Qyresearchreports include new market research report "Global FAAS Market SizeStatus and Forecast 2025" to its huge collection of research reports. The report is based on factual information and critical data about different areas of the global FAAS market. It basically provides valuable insights into crucial growth factors of the market and how they could impact the overall outlook. Besides the global market, the analysts have shed light on regional markets to