Cloud Microservices Market trend shows a rapid growth by 2027 - CA Technologies, Infosys, IBM, Microsoft, NGINX, OpenLegacy, Pivotal Software, Salesforce.com, Software AG, Syntel

Micro services are the architectural approach for developing cloud applications, where every application is made as a suite of services or modular components. These services run its own processes and communicate via an application programming interface (API) to assist specific business task. Cloud micro services help in building and installing business applications.

The factors driving the cloud micro services market is, with rapid enhancement in advanced technologies, use of connected devices and digital solutions is gaining high momentum due to which, the scope of digital transformation is getting broader. In this respect, cloud micro services helps in deploying these applications in a better way to ensure appropriate customer involvement. The cloud micro services market is growing at an exponential rate. Moreover, the Moreover, continuous increase in the use of the cloud-based application is expected to further create tremendous opportunities for cloud micro services market as the new architecture offers better scalability and cost-efficient solutions.

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Companies profiled in this report includes, CA Technologies, Inc., Infosys Limited, IBM Corporation, Microsoft Corporation, NGINX Inc., OpenLegacy, Pivotal Software, Inc., Salesforce.com, Inc., Software AG, Syntel, Inc. (Atos SE) among others.

The global cloud micro services market is segmented on the basis of deployment type, enterprise size, and application. Based on deployment type, the market is segmented into private, public, and hybrid. On the basis of enterprise size, the cloud micro services market is segmented into SMEs and large enterprises. The cloud micro services market on the basis of the application is classified into BFSI, media and entertainment, government, healthcare, transportation and logistics, retail, and others.

The report analyzes factors affecting the cloud micro services market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the cloud micro services in these regions.

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The overall Cloud Microservices market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis.

The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Cloud Microservices market.

Reasons to Buy the Report
The report helps the market leaders and new entrants in the Cloud Microservices market in the following ways:
• The report segments the market into various subsegments; hence, it covers the market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and its subsegments.
• The report helps understand the overall growth of the market. It provides information on the key market drivers, restraints, challenges, and opportunities.
• The report helps better understand competitors and gain more insights to strengthen organizations’ position in the market. In addition to this, the report presents the positioning of the key players based on their product offerings and business strategies.

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Company: The Insight Partners
Contact: Sameer Joshi
Phone: +1-646-491-9876
Email: sam@theinsightpartners.com

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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