openPR Logo
Press release

Function As A Service Market 2018 Growth Rate Research Report By IBM, Google, Microsoft, Amazon Web Services, SAP, Infosys, TIBCO

10-04-2018 12:57 PM CET | IT, New Media & Software

Press release from: Market Research Future

Function As A Service Market 2018 Growth Rate Research Report

Global Function as a Service Market by User Type (Operator Centric, Developer Centric), Service Type (Automation, Integration, Microservice Monitoring, API), Application (Web, Mobile, Research, Academic), Deployment and Vertical - Forecast 2023

Key Findings
By user type, developer centric is dominating the market and has generated 1.1906 million in 2016 and is expected to grow at 33% CAGR.

By services, automation & integration service is dominating the market and has generated USD 538.9 million revenue in 2016 and is expected to grow with 36.5% CAGR.

By vertical manufacturing and BFSI sector is leading the market and is projected to grow with 37% and 36.4% respectively.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/3324

Market Highlights:

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

Function as a service is a developer centric architecture that lets the cloud functions to build and deploy services at the level of a single function. It also provides a connective layer of logic that allows to write code to connect and extend cloud services. Therefore, the developer centric user types are the major contributors of the function as a service market.

Applications that are both resilient and scalable is an essential part of any application architecture. Using function as a service provides a flexible way of adding scalability and resilience to the architecture. It also helps in reducing costs as the resources are adjusted according to the requirement of an application. The function as a service architecture is auto-scalable, when traffic or load rises, Auto-scalar adds resources to handle the extra activity and removes resources when the traffic or load lowers to help in reducing the costs. It also eliminates the need to manage servers on cloud, and replaces them with pervasive use of functional computing resources. Therefore, the cost effectiveness of the function as a service architecture is driving the growth of function as a service market.

Key Players:

Some of the key players in the market are IBM (U.S.), Google Inc. (U.S.), Microsoft Corporation (U.S.), Amazon Web Services (U.S.), SAP SE (Germany), Dynatrace LLC (U.S.), Infosys Ltd. (India), Rogue Wave Software Inc. (U.S.), TIBCO Software Inc. (U.S.), Fiorano Software & Affiliates (U.S.), among others.

Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:

In this competitive environment, all organizations are striving for speed and scalability. For any company it is very important to be scalable properly to fulfil the increasing customer demands. Business agility is a way of seeking all the operations and resources in a flexible and responsive manner. Function as a services enables the organizations to achieve business agility, thereby allowing them to adjust rapidly to the changing market conditions and reduces costs. Cloud provides different opportunities for the companies for being more productivity and competitive.

By Region, MRFR analysis shows that the comprehensive understanding of market dynamics, the global active electronic components market is analyzed across key geographies namely North America, Europe, China, Japan, India and among others. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in function as a service market in North America is attributed to the technical advancements and increasing investments in cloud based solutions in that region.

Segmentations:

The global function as a service market is segmented on the basis of user type, service type, application, deployment, vertical and region. On the basis of user type the segment is further classified into operator centric and developer centric. On the basis of service type the segment is further classified into automation and integration, microservice monitoring and management services, API management services, support and maintenance services and others. On the basis of application the segment is further classified into web based and mobile application, research and academic application. On the basis of cloud the segment is further divided into public cloud, private cloud and hybrid cloud. The function as a service covers wide area of verticals such as BFSI, manufacturing, healthcare, IT and telecommunication and many more.

Get complete Report @ https://www.marketresearchfuture.com/reports/function-as-a-service-market-3324

Intended Audience:

Electronic component manufacturers
Research organizations
Original equipment manufacturers
System Integrators
network equipment vendors
chipset vendors
software/application providers
user equipment manufacturers
network infrastructure integrators
Government Organizations
Research/Consultancy firms

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.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 2018 Growth Rate Research Report By IBM, Google, Microsoft, Amazon Web Services, SAP, Infosys, TIBCO here

News-ID: 1280321 • Views:

More Releases from Market Research Future

9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through 2035
9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through …
The 9-decanoic acid methyl ester market is a growing sector driven by the increasing demand for bio-based and sustainable chemical products across various industries. With its unique properties, it finds application in flavors and fragrances, pharmaceuticals, personal care, and as a chemical intermediate. The market is projected to expand significantly in the coming years. Market Overview and Size The global 9-decanoic acid methyl ester market was valued at USD 230.0 million in
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
The washable marker market is a dynamic and growing segment within the broader stationery and art supplies industry. Driven by a blend of consumer demands for safety, convenience, and sustainability, the market is experiencing consistent expansion, particularly within the education and home-use sectors. While faced with some challenges, the industry's future looks promising, propelled by product innovation and evolving consumer trends. Get Sample @ https://www.marketresearchfuture.com/sample_request/41217 Market Size and Growth The global washable
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
The phone car mounts market, a critical sub-segment of the broader automotive accessories industry, is experiencing robust growth driven by a convergence of technological advancements, evolving consumer behavior, and increasingly stringent road safety regulations. As smartphones become indispensable for navigation, communication, and in-car entertainment, the demand for secure and convenient hands-free solutions continues to escalate. The global phone car mounts market was valued at USD 3.93 billion in 2024 and
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR by 2032
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR …
Market Overview: The Intravenous (IV) Solution Market is estimated to be valued at USD 13.9 billion in 2023 and is projected to reach USD 26.60 billion by 2032, expanding at a compound annual growth rate (CAGR) of 7.70% from 2024 to 2031. The market growth is attributed to the rising prevalence of chronic diseases, growing hospitalization rates, and increasing surgical procedures that require IV fluid administration. Intravenous solutions are critical

All 5 Releases


More Releases for Function

Global Media Function Virtualization Market Size by Application, Type, and Geogr …
According to Market Research Intellect, the global Media Function Virtualization market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period. The Media Function Virtualization (MFV) market is witnessing significant growth due to the rising demand for scalable
Thyroid Function Test Market Report 2024 - Thyroid Function Test Market Growth A …
"The Business Research Company recently released a comprehensive report on the Global Thyroid Function Test Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusive
Monoterpenes: Structure, Function, and Applications
1. Introduction Monoterpenes are a class of naturally occurring organic compounds that belong to the larger family of terpenes, which are found in plants, particularly in essential oils. These volatile compounds play critical roles in plant physiology and ecology, including defense mechanisms and pollinator attraction. Beyond their biological significance, monoterpenes have broad applications in industries such as pharmaceuticals, food and beverages, cosmetics, and aromatherapy, thanks to their distinctive aromatic properties and
Gastric Function Test Market - Empowering Digestive Health: Gastric Function Tes …
Newark, New Castle, USA - The latest report from Growth Plus Reports analyzes the production, potential applications, demand, major manufacturers, and SWOT analysis of the global Gastric Function Test Market. Gastric Function Test Market: https://www.growthplusreports.com/report/gastric-function-test-market/9126 The Gastric Function Test Market Report assists in determining the optimum distribution methods for certain products as well as possible markets for future product launches. The report also analyses the purchase and supply trends that influence the
Growing consciousness about the respiratory function testing systems is projecte …
The research report "Pulmonary Function Testing Systems Market: by Type (Complete PFT Systems, Portable PFT Systems, and Others), Test Type (Spirometry, Lung Volume, Gas Exchange Testing, and Others), Component (Software, Hardware, Service, and Others), Application (Asthma, Chronic Shortness of Breath, Restrictive Lung Disease, and Others), End-user (Hospital/Clinical Laboratories, Diagnostics Laboratories, and Others), and Geography-Global/Region/Country Forecast to 2028." The global pulmonary function testing systems market anticipated to grow at a CAGR
Incremental Trigger Function
Trigger signals dependent on the position of the stage Digital piezo-controllers from piezosystem jena (d-Drive and d-Drivepro) offer flexible control for customized systems such as cameras, illumination systems, optical shutters or external measuring systems. Now, piezosystem jena can offer a comfortable trigger function. Trigger signals can be generated dependent on the position of the stage: • Rising edge • Falling edge • On both edges in the direction of movement An additional function sends out a trigger