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Cloud Microservices Market Emerging Trends, Analysis by Top Key Players are Idexcel, RapidValue, Marlabs Inc., Gurock Software, Syntel, Pivotal Software, Inc., Oracle, NGINX, Inc., Infosys, Microsoft Corporation, IBM, Amazon Web Services, Inc., CA Technol
Cloud Microservices Market
The report also holds it place when it comes detailed market definition, classifications, applications and market trends.
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Market Segmentation: Global Cloud Microservices Market
Based on component:
• Platform
• Services
Service is sub segmented into:
• Consulting Services
• Integration Services
• Training
• Support
• Maintenance Services
Based on organization size:
• Large Enterprises
• Small and Medium-Sized Enterprises
Based on Deployment Mode:
• Public Cloud
• Private Cloud
• Hybrid Cloud
Based on vertical:
• Retail and Ecommerce
• Healthcare
• Media and Entertainment
• Banking
• Financial Services and Insurance
• IT AND Ites
• Government
• Transportation and Logistics
• Manufacturing
• Telecommunication
• Others
Based on geography:
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Market Analysis: Global Cloud Microservices Market
The global cloud microservices market accounted for USD 631.1 million in 2017 and is projected to grow at a CAGR of 24.1% the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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A cloud microservices is a software development technique and a collection of loosely coupled services. It is a method of developing software systems that tries to emphasis on developing single-function modules with well-defined operations and interfaces. It is also known as microservice architecture. It develops and organizes applications composed of autonomous, self-contained units. It has various benefits which include flexibility to design better-fit solutions in a more cost-effective way, services are fairly simple and smaller in size, self-contained, enables the substitution of one microservice with another similar micro service and many more. This technique is used in various industries which include retail and ecommerce, healthcare, media and entertainment, banking, financial services, and insurance, IT and ITes, government, transportation and logistics, manufacturing, telecommunication and others.
In Feb, 2018 according to IDC (International Data Corporation) 80% of application development on cloud platforms by the year 2021. In another recent survey, more than 75% of developers are working with cloud microservices.
In 2018 according to article given by Dave Nicolette key development techniques for building microservice-based solutions form a set of microservices that interact with one another unpredictable ways in a dynamically-managed elastic cloud (or cloud-like) environment.
Market Drivers and Restraints:
• Digital transformations.
• Increasing proliferation of microservices architecture.
• Customer-oriented business.
• Security and compliance
Competitive Analysis: Global Cloud Microservices Market
The global cloud microservices market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of Cloud microservices market for global, Europe, North America, Asia Pacific and South America.
Key Players: Global Cloud Microservices Market
• Amazon Web Services, Inc.
• CA Technologies.
• IBM
• Microsoft
• Infosys Limited
• NGINX Inc.
• Oracle
• Pivotal Software, Inc.
• Syntel, Inc.
• Gurock
• Marlabs Inc.
• RapidValue Solutions
• Kontena, Inc.
• Macaw Software Inc.
• UNIFYED.
• Idexcel, Inc.
• Among others.
Frequently Asked Questions:
- What will the market size be in 2025?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2025?
- Which strategies are used by top players in the Global Cloud Microservices Market?
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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Data Bridge Market Research
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Email: sopan.gedam@databridgemarketresearch.com
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