Microservice Architecture Market to Grow Massively by 2020-2025 with Top Players Amazon Web Services (AWS), Cognizant, Datawire, IBM, Infosys Limited, Microsoft Corporation, Mulesoft

Global Microservice Architecture market would thus note a steady growth over the forecast period of 2020 - 2025. The robust CAGR (Compound Annual Rate Growth) will chart an upward growth curve and create lucrative growth opportunities in the global Microservice Architecture market. In, turn, this will lead to improvement in market worth.

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Global Microservice Architecture Market: Notable Development
Global Microservice Architecture market is set to witness growth and a number of notable developments are paving the way for the same. The competitive landscape is also duly impacted by these developments. A deep dive can be had a published report by Adroit Market Research.

The global Microservice Architecture market is highly consolidated. And, key players in the global Microservice Architecture market are Amazon Web Services (AWS), Cognizant, Datawire, IBM, Infosys Limited, Microsoft Corporation, Mulesoft, Nginx Inc., Tata Consultancy Services Limited, Salesforce.Com, Inc., Others.

Global Microservice Architecture Market: Key trends and driver
The microservice architecture generally decomposes a software or application in small parts that communicate with each other through common interfaces such as REST and APIs interfaces like Hypertext Transfer Protocol (HTTP). In addition, microservices allow users to increase deployment speed along with application reliability. Furthermore, an increase in need among enterprises and numerous industry verticals to enhance their business agility is the key factor fuelling the demand for microservices architecture solutions. Moreover, the growing demand for cloud-based services is also anticipated to provide lucrative opportunities for the microservice architecture market in the near future.

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Global Microservice Architecture Market: Regional Analysis
North America region is expected to acquire the highest share during the forecast period. The microservice architecture market growth in this region is mainly attributed to the existence of major market players such as Microsoft, IBM, and others. In addition, several companies that are operating in North America are expanding their business offerings by entering into strategic partnerships. On the contrary, Asia-Pacific is estimated to hold the highest CAGR during the forecast period. The growth of the market in this region is majorly attributed to the growing adoption among large as well as small organizations to meet the requirements of modern application development.

Market Segments: Microservice architecture market
o By Component
o Solutions
o Services

o By Application
o Logistic Services
o Financial and Insurance Services
o Social Media Solutions
o IoT Solutions
o Video Streaming Solutions

o By Industry Vertical
o BFSI
o Retail
o Healthcare
o IT & Telecom
o Government
o Others

o By Region
o North America
? U.S.
? Canada
o Europe
? UK
? Germany
? France
? Rest of Europe
o Asia Pacific
? China
? Japan
? India
? Rest of Asia-Pacific
o Middle East & Africa
? UAE
? South Africa
? Rest of Middle East & Africa
o South America
o Brazil
o Rest of South America

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