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Cloud Microservices Market Is Likely to Experience a Tremendous Growth by 2029

10-05-2023 01:06 PM CET | IT, New Media & Software

Press release from: Orion Market Research

Cloud Microservices Market Is Likely to Experience a Tremendous

The global cloud microservices market is anticipated to grow at a considerable CAGR of 20.8% during the forecast period (2023-2030). Cloud computing is a major driver of the cloud microservices market as it provides businesses with a scalable and reliable platform for deploying and managing microservices-based applications. Cloud computing is a model for delivering IT services over the Internet with pay-as-you-go pricing. Cloud computing providers offer a high level of reliability, with uptime guarantees of 99.9% or higher. This is important for businesses that need to ensure that their applications are always available to their customers. Cloud computing can be more cost-effective than traditional on-premises IT infrastructure because businesses only pay for the resources that they use, and they do not need to invest in and maintain their hardware and software. Amazon Web Services (AWS) is a cloud computing platform that offers a wide range of cloud services, including cloud microservices platforms. AWS is used by several large companies to deploy and manage their microservices-based applications, including Netflix, Airbnb, and Spotify.

Spotify's streaming platform is built on a microservices architecture, and the company uses AWS's cloud microservices platform to deploy and manage its microservices. Spotify uses AWS to deploy and manage its microservices for music streaming, recommendations, and user authentication. The company also uses AWS to store and process its data, and to deliver its streaming service to its users around the world. 

To Request a Sample of our Report on Cloud Microservices Market:  https://www.omrglobal.com/request-sample/cloud-microservices-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- 

By Deployment model
By Enterprise Size
By Application
Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape includes Amazon Web Services, Inc., Google LLC (Google Cloud Platform (GCP)), IBM Corp. (IBM Cloud), Microsoft Corp. (Microsoft Azure), and Salesforce, Inc. among others.

Cloud Microservices Market Report Segment

By Deployment model 

Public cloud
Private Cloud
Hybrid cloud
By Enterprise Size 

Small and medium-sized enterprises (SMEs)
Large enterprises 
By Application

BFSI 
E-Commerce
Healthcare
IT and telecom
Manufacturing
Others (Education, Government, Media and Entertainment and Other)
A full Report of Cloud Microservices Market is Available @  https://www.omrglobal.com/industry-reports/cloud-microservices-market

Cloud Microservices Market Report Segment by Region

North America                                                                                                           

·        United States
·        Canada
Europe

·        UK
·        Germany
·        Spain
·        France
·        Italy
·        Rest of Europe
Asia-Pacific

·                  India
·                  China
·                  Japan
·                  South Korea
·                  Rest of APAC
Rest of the World

Latin America
Middle East and Africa 
Company Profiles

Broadcom, Inc.
Capgemini Services SAS
Cisco Systems, Inc.
Cloud Software Group, Inc. (Citrix)
Cognizant Technology Solutions Corp.
Dell International Services India Pvt. Ltd.
Deloitte LLP
Ernst & Young Global Ltd
F5, Inc.
Hewlett Packard Enterprise Co.
Infosys Ltd.
KPMG International Ltd.
PricewaterhouseCoopers Private Ltd. (Pwc)
TATA Consultancy Services Ltd.
VMware, Inc.
Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/cloud-microservices-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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