Serverless Architecture Market Insights 2020 Current as well as the Future Challenges and Competitive Landscape with Top Impacting Factors

Allied Market Research published a new report, titled, "Serverless Architecture Market" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

Access Full Summary: https://www.alliedmarketresearch.com/serverless-architecture-market

According to the report published by Allied Market Research, the global serverless architecture market generated $3.01 billion in 2017 and is estimated to reach $21.99 Billion by 2025, growing at a CAGR of 27.8% from 2018 to 2025. The rapid rise of the app development market along with an increase in demand for useful applications for different platforms such as Android and iOS have boosted the growth of the serverless architecture market. The growing shift from DevOps to serverless computing and rising need to eliminate server management challenges have supplemented to the growth of the market. The region of the North America region accounted for nearly half of the market of global serverless architecture in terms of revenue in 2017.

The public cloud segment accounted for nearly three-fourths of the total market share in 2017, and is expected to maintain its dominance by 2025. The major factors that drive the growth of this segment include its high availability, cost-efficiency, and capabilities to improve the functionality as well as the overall development process. However, the private cloud segment is estimated to project the fastest CAGR of 30.0% from 2018 to 2025, owing to its less vendor-locking problems and enhanced security.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/5290

Asia-Pacific would grow at the fastest CAGR of 31.0% from 2018 to 2025, owing to factors such as on-going IT modernization in well-established telecommunication industries and an increase in adoption of IoT-based devices which are expected to provide remunerative opportunities for market. However, North America contributed to nearly half of the total share in 2017 and is estimated to maintain its dominance during the forecast period. This is due to the growth of the app development market, well-established cloud industry, and significant adoption of serverless architecture for media processing and IoT applications.
Frontrunners of the industry

Key Market Players in the Reports:

• Amazon Web Services
• Alibaba Group
• Google LLC
• Oracle Corporation
• Microsoft Corporation
• IBM Corporation
• Platform9 Systems Inc.
• Twilio
• Rackspace Inc.
• Tibco Software.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/5290

Major key findings of the study:

1. Public Cloud segment to maintain its leadership status by 2025
2. Web Application Development segment to maintain its dominance throughout the forecast period
3. IT & Telecom segment to maintain its leadership status by 2025
4. Large Enterprises segment to maintain its dominance throughout the forecast period

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-446-1141
International: +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP

based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses

with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to

provide business insights and consulting to assist its clients to make strategic business decisions and achieve

sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that

helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every

data presented in the reports published by us is extracted through primary interviews with top officials from leading

companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and

discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.