openPR Logo
Press release

Function-as-a-Service Market - Unrivalled over 2025 | Dynatrace LLC, SAP SE

10-12-2018 09:19 AM CET | IT, New Media & Software

Press release from: TMR Research

Function-as-a-Service Market - Unrivalled over 2025 | Dynatrace LLC, SAP SE

Global Function as a Service (FaaS): Snapshot

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 Sample Copy of the Report @ 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.

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

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.

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.

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

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.

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 TMR Research

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.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

TMR Research,

3739 Balboa St # 1097,

San Francisco, CA 94121

United States

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 - Unrivalled over 2025 | Dynatrace LLC, SAP SE here

News-ID: 1298935 • Views: 177

More Releases from TMR Research

Overview On Upcoming Need 2025: Dyslipidemia drugs Market |AstraZeneca, Aegerion …
Global Dyslipidemia Drugs Market: Snapshot Dyslipidemia is a cardiovascular condition comprising of changes in the amount of lipids in the blood. Dyslipidemia can show as either absence of or abundance of lipids in blood; hyperlipidemia, the state of having overabundance lipids in the blood, is probably going to hold the major share in the global dyslipidemia drugs market in the within the forecast period. Various issues related with dietary habits and
Intravenous Iron Drugs Market 2017-2025 | Fresenius Medical Care AG & Co. KGaA, …
Intravenous Iron Drugs Market: Snapshot Iron is one of the most significant minerals required for the correct working of human bodies. Iron insufficiency prompts various medical problems, for example, anemia and could have a grave and direct association with the several of hospitalizations and deaths. The global market for intravenous drugs is foreseen to display a solid CAGR over the report's forecast period attributable to the rising pervasiveness of anemia cases
E-Clinical Solution Software Market Detailed Global Analysis and Forecast 2017-2 …
Global E-Clinical Solution Software Market: Snapshot The current advances in the healthcare industry is witnessing an increasingly connected and technology-advanced operational infrastructure. This has led to it becoming one of the largest producers of sensitive and personal data about the numerous patients it caters to daily. Hospitals, clinics, laboratories, insurance companies and other medical networks are swamped with gargantuan amount of patient information. This has generated an urgent need to create
Nuclear Decommissioning Services Market 2017-2025 | Babcock International Group …
Global Nuclear Decommissioning Services Market: Snapshot The demand in the global market for nuclear decommissioning market is driven by a number of factors including accidents and rising political pressure for pre-closure, stringent regulations since Fukushima accident, public and government support for decommissioning of nuclear reactors, worldwide shut down of older reactors, and increase in the use of renewable energy. On the other hand, stringent regulatory standards, reliability of nuclear power, difficulty

All 26063 Releases


More Releases for FaaS

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
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
Affle launches its fraud detection platform – mTraction | FaaS
1st Jun, 2017 Singapore | 1st June, 2017 Affle a Singapore HQ mobile audience intelligence and analytics platforms company today announced the launch of its Fraud Analytics As a Service Platform – “mTraction FaaS” to help the marketers globally to fight mobile ad fraud. According to industry data sources close to USD 16.4B is lost globally due to ad fraud. mTraction FaaS or mFaaS aims to help marketers detect fraud, not at
Global Function-as-a-Service (FaaS) Industry 2017, Trends and Forecast Report
Function-as-a-Service (FaaS) Report by Material, Application, and Geography Global Forecast to 2021 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the Function-as-a-Service (FaaS) basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw