Press release
Serverless Architecture Market Growth Set to Surge Significantly during 2025 | Alibaba Group, Amazon Web Services, Google LLC
Serverless Architecture Market
Serverless architectures refer to applications that significantly depend on third-party services (knows as Backend as a Service or "BaaS") or on custom code that's run in ephemeral containers (Function as a Service or "FaaS"), the best known vendor host of which currently is AWS Lambda.
Serverless architectures are application designs that incorporate third-party "Backend as a Service" (BaaS) services, and/or that include custom code run in managed, ephemeral containers on a "Functions as a Service" (FaaS) platform. Serverless architecture is an event-driven cloud computing model in which computing resources are provided as scalable cloud services. A fixed and recurring cost was charged for the server's computing resources in traditional computing regardless of the amount of computing work performed by the server. However, serverless computing deployment has overcome this shortcoming, as it allows customers to pay only for service usage, and there is no hidden cost charged associated with idle, down-time. The serverless architecture relies on functions, where developers further segment their applications into small and stateless chunks, which they can execute without any context regarding the underlying server.
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Companies Profiled in this report includes: Alibaba Group, Amazon Web Services, Google LLC, IBM Corporation, Microsoft Corporation, Oracle Corporation, Platform9 Systems, Inc., Rackspace Inc., Tibco Software, and Twilio.
Rapid growth of the app development market along with shift from DevOps toward serverless computing and rise in need to eliminate server management are some major drives of the market. Several benefits of serverless computing such as enhanced scalability, reduced costs, more flexibility, and quicker time to release boost the adoption of this technology among organizations. However, certain issues associated with third-party APIs such as security & compliance concerns, lock-in problems, and other architectural complexities are expected to hinder the growth of the market. On the contrary, rise in IoT-based devices adoption and high growth of cloud-based services are expected to present major opportunities for the market growth during the forecast period.
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KEY BENEFITS
- The study provides an in-depth analysis of the global serverless architecture market along with the current & future trends to elucidate the imminent investment pockets.
- Information about key drivers, restrains, and opportunities and their impact analyses on the market size is provided in the report.
- Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the global serverless architecture market from 2017 to 2025 is provided to determine the market potential.
Table of Content:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: SERVERLESS ARCHITECTURE MARKET, BY DEPLOYMENT MODEL
CHAPTER 5: SERVERLESS ARCHITECTURE MARKET, BY APPLICATION
CHAPTER 6: SERVERLESS ARCHITECTURE MARKET, BY ORGANIZATION SIZE
CHAPTER 7: SERVERLESS ARCHITECTURE MARKET, BY INDUSTRY VERTICAL
CHAPTER 8: SERVERLESS ARCHITECTURE MARKET, BY REGION
CHAPTER 9: COMPETITIVE LANDSCAPE
CHAPTER 10: COMPANY PROFILES
10.1. Alibaba Group
10.1.1. Company overview
10.1.2. Key Executives
10.1.3. Company snapshot
10.1.4. Product portfolio
10.1.5. Key strategic moves and developments
10.2. Amazon Web Services
10.2.1. Company overview
10.2.2. Key Executives
10.2.3. Company snapshot
10.2.4. Product portfolio
10.2.5. R&D Expenditure
10.2.6. Business performance
10.2.7. Key strategic moves and developments
10.3. Google LLC
10.3.1. Company overview
10.3.2. Key Executives
10.3.3. Company snapshot
10.3.4. Operating business segments
10.3.5. Product portfolio
10.3.6. Business performance
10.3.7. Key strategic moves and developments
10.4. IBM Corporation
Complete Report: https://bit.ly/3gh8P4Z
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