Serverless Computing Market Dimension 2021 | Global Future Estimation, Insight and Complete Strategic Analysis 2021-2030
Serverless computing refers to cloud computing execution model where the cloud provider runs the server and also manages the overall allocation of the machine resources. It provides a significant cost benefit to the user as the pricing is decided based on actual amount of resources consumed by the application rather than the pre-purchased units of capacity. Serverless computing offers several other benefits such as scalability, flexibility and quicker release time.
Further, it enables quick deployment as it does not require any code to be uploaded to the server or perform any kind of backend configuration. In addition, the user does not need to bother about the maintenance and management of the server as they are managed by the vendors. This helps to reduce the overall investments on DevOps thereby helping the developers to create the applications regardless of the server capacity.
Access Full Description of this report at:–
Top Companies: Google, Amazon, Microsoft Corporation, IBM Corporation, Oracle Corporation, Dynatrace, Joyent Inc., NTT Data Corporation
Market Dynamics and Trends
Rising demand for reducing the capital expenditure of businesses is driving the overall growth of serverless computing market. Physical servers depreciates and also remain vulnerable to the breakdowns, which add to capital expenditure. Adopting serverless computing helps organizations to reduce the need for greater human resource deployment as the overall focus is on batch processing. In addition, serverless computing allows organization to convert the overall workflow into step functions that reduces the number of SWF and EC2 issues. Together it reduces the overall company expenses in a significant manner.
Further, serverless computing offers organization technical support and clarity that are needed to process data, flexibility. In addition to this rising demand for green computing is also a major factor contributing to the overall market growth. With the changing climatic conditions, which is becoming a harmful across the globe, it is important for the organizations to be aware regarding the way they are operating. A helpful way to remain sustainable is to adopt serverless computing that has several benefits. For instance, the serverless computing ensures that organizations do not over utilize electricity. Further, with no physical servers and data centers around that emit harmful toxic radiation as they cool down, there would be lesser concern regarding human health and wellbeing.
Request sample copy of this report at:-
Market Segmentations and Scope of the Study:
The global serverless computing market has been segmented on the basis of enterprise, service and end-user. On the basis of end-user, the market has been segmented into small & medium enterprises and large enterprises. Based on services, the market has been segmented into automation and integration, application programming interface management, monitoring security, support and maintenance, training and consulting. Based on end-use, the market has been segmented into telecom & IT, BFSI Government & Public, Healthcare and Life Science, Media & Entertainment, Manufacturing Retail & E-commerce and others. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.
North America dominated the market in 2019 and is expected to display similar trend in the coming years. Presence of key players such as Google, Microsoft Corporation Amazon among others is a major factor driving the market growth of serverless computing. Asia Pacific region is expected to witness fastest growth during the forecast period. Increasing digitization, modernization of the IT sector in the countries such as China India and Japan is triggering the overall market growth in the Asia Pacific region.
Phone Number: +1-217-650-7991
About Next Move Strategy Consulting:
Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.
We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.
For more insights, please visit, https://www.nextmsc.com
This release was published on openPR.
Permanent link to this press release:
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 Serverless Computing Market Dimension 2021 | Global Future Estimation, Insight and Complete Strategic Analysis 2021-2030 here
News-ID: 2428344 • Views: 179
More Releases from Next Move Strategy Consulting
Ceramic Coatings Market predicted to reach USD 17.80 billion by 2030 with a CAGR …
The Global Ceramic Coatings Market size is estimated to be USD 8.72 billion in 2019 and is predicted to reach USD 17.80 billion by 2030 with a CAGR of 6.7% from 2020-2030. Ceramic coating is the clear coat which includes the liquid polymer and generally applied on the car’s body. Creating a layer of protection, the coating chemically bonds with the vehicle's factory paint. Once coated, it can only be
Cellulose Fibers Market Size, Status, Types, Applications, Key Players and Forec …
The Global Cellulose Fibers Market size is estimated to be USD 30.58 billion in 2019 and is predicted to reach USD 47.07 billion by 2030 with a CAGR of 8.3% from 2020-2030. Cellulose fibers are the fibers made with the esters or the ethers of cellulose which is obtained from the leaves, wood, or bark of the plants, or some other plant-based material. The wood pulp undergoes through various chemical
Catalyst Market 2030 Industry Specifications and Outlook 2021 – Johnson Matthe …
The Global Catalyst Market size is estimated to be USD 26.13 billion in 2019 and is predicted to reach USD 40.22 billion by 2030 with a CAGR of 4.0% from 2020-2030. Catalyst is the compound or agent added to the chemical reaction to happen it more quickly by lowering or raising the activation energy of the process. It can increase the reaction rate of the steam and can also participate
Carnauba Wax Market Size, Status and Business Outlook 2021 to 2030
The Global Carnauba Wax Market size is estimated to be USD 279.1 million in 2019 and is predicted to reach USD 407.5 million by 2030 with a CAGR of 3.50% from 2020-2030. Carnauba wax is the natural wax-containing hydroxyl acids, mono and di hydroxyl fatty alcohols, and polyesters. The significant properties of such wax are high oil retention capability, high melting point, hardest among other natural waxes such as bee
More Releases for Serverless
Serverless Architecture Market 2021: Global Industry Analysis Report to 2027
Serverless architecture is an architecture that allows users to build and run applications and services without the need to manage infrastructure. In general, server management is done by AWS, and this is how applications run on servers. By using a serverless architecture, users no longer need to provision, scale and maintain servers to run applications, databases and storage systems. (Get 15% Discount on Buying this Report) A full report of Global Serverless
Serverless Computing Market Size, Share, Industry Analysis, Growth Opportunities …
The global Serverless Computing market size is projected to reach USD 7712.7 million by 2026, from USD 6276.6 million in 2020, at a CAGR of 20.8%% during 2021-2026. Serverless computing is a cloud-computing execution model in which the cloud provider acts as the server, dynamically managing the allocation of machine resources. Pricing is based on the actual amount of resources consumed by an application, rather than on pre-purchased units of capacity.
Serverless Computing Market Size, Status and Forecast 2026
This report focuses on the global Serverless Computing status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Serverless Computing development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America. Inquire For Sample: https://reports.valuates.com/request/sample/QYRE-Auto-27W1601/Global_Serverless_Computing_Market_Size_Status_and_Forecast_2020_2026 The key players covered in this study Amazon Web Services (AWS) Google IBM
Serverless Architecture Market Expected to Grow $21.1 billion by 2025
According to a research report "Serverless Architecture Market by Service Type (Automation and Integration, Monitoring, API Management, Security, Analytics, and Design and Consulting), Deployment Model, Organization Size, Vertical, and Region - Global Forecast to 2025" published by MarketsandMarkets, the global serverless architecture market size is projected to grow from USD 7.6 billion in 2020 to USD 21.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 22.7% during
Global Serverless Computing Market | Status and Forecast 2018-2025 ( Amazon Web …
QY Research has come up with a newly published report on global Serverless Computing market in its database that provides an in-depth analysis of the key market insights, its future trends, and developments, profiles of leading players, key restraints and drivers, Serverless Computing market segmentation and forecasting. The report highlights the market size and CAGR of the important segments, thus providing a quick relevant information of the global Serverless Computing
Serverless Computing Services Market Is Booming Worldwide | Google, Alibaba, Hua …
A new business intelligence report released by HTF MI with title “Global Serverless Computing Services Market Size, Status and Forecast 2018-2025” that targets and provides comprehensive market analysis with future prospects to 2023. The analysts of the study have garnered extensive research methodologies and data sources (i.e Secondary & Primary Sources) in order to generate collective and useful information that delivers latest market undercurrents and industry trends. Request Sample Report