Cloud Microservices Market Size to Boost USD 8.69 Billion By 2032 | CAGR 22.9% - Published by Emergen Research

The global cloud microservices market size was USD 1.11 billion in 2022 and is expected to register a revenue CAGR of 22.9% during the forecast period. Increase in the use of digital solution, connected devices, and IT systems, growth of the micro services architecture, and adoption of hybrid cloud in different end-user sectors are some of the major factors driving cloud microservices market revenue growth.

The cloud microservices market is experiencing rapid growth and transformation, propelled by the increasing adoption of microservices architecture in cloud computing environments. Microservices architecture involves breaking down complex applications into smaller, independently deployable services, which can be developed, deployed, and scaled independently. This approach offers agility, scalability, and resilience, making it attractive for organizations striving to modernize their IT infrastructure and accelerate application development and delivery in the cloud.

 The report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.emergenresearch.com/request-sample/2862

Drivers of the Cloud Microservices Market :

Several factors are driving the growth of the cloud microservices market. One significant driver is the growing demand for agility and flexibility in software development and deployment. Microservices enable organizations to iterate, update, and scale their applications more efficiently, allowing them to respond quickly to changing market demands and customer needs. Additionally, the rise of DevOps practices and continuous integration/continuous deployment (CI/CD) pipelines has further fueled the adoption of microservices, as they align well with these agile development methodologies.

Growth Factors of the Cloud Microservices Market :

The cloud microservices market is driven by various growth factors contributing to its expansion. One key factor is the increasing adoption of cloud-native technologies and containerization platforms, such as Kubernetes and Docker, which provide the foundation for deploying and managing microservices at scale. Furthermore, the proliferation of cloud computing services offered by leading providers like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP) has facilitated the adoption of microservices by providing scalable infrastructure and managed services tailored for microservices architecture.

 Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ https://www.emergenresearch.com/request-discount/2862

The report also discusses the key players involved in the market such as:

Amazon Web Services, Inc. CA Technologies, Inc., CONTINO, IBM, Idexcel, Inc. Infosys Limited, Kontena, Inc., Macaw Software Inc. Microsoft, Netifi Inc. SmartBear Software, Inc. Software AG. Syntel, Inc. Tata Consultancy Services Limited, and Weaveworks Inc

The report provides a thorough estimation of the overall impact of the pandemic on the Cloud Microservices Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Cloud Microservices Market

Cloud Microservices Latest Industry Updates

On 12 October 2022, Capgemini disclosed a collaboration with Microsoft to introduce ReflectIoD, an innovative cloud-native digital twin platform hosted on Azure that operates in a serverless environment. This platform, known for its security and scalability, harnesses top-tier architecture and technological elements from the Azure suite. ReflectIoD aims to revolutionize operational and maintenance efficiency within organizations, facilitating intelligent industry practices and fostering sustainable business value.

In July 2022, Oracle said that new sovereign cloud zones would be available for the European Union in 2023. The first two EU sovereign cloud regions will be located in Germany and Spain. These regions will be physically and logically different from the present public OCI regions in the region. Private companies and governmental organizations will be able to host regulated, strategically important, or sensitive regional data and applications in the new sovereign cloud regions.

In February 2022 to develop industry- and domain-specific solutions for telecom, financial services, and healthcare, Amazon Web Services, Inc. and UST, a provider of digital transformation solutions, completed a multi-year Strategic Collaboration Agreement (SCA). UST plans to make investments to broaden its deep expertise in enterprise digital transformation and AWS. These products will assist businesses in modernizing their use of AWS services.

 Direct Order Can Be Placed Through This Link [Exclusive Copy] @  https://www.emergenresearch.com/select-license/2862

Cloud Microservices Market Segment Analysis :

For the purpose of this report, Emergen Research has segmented the global cloud micro services market on the basis of component, services type, deployment, enterprise, end-use, and region:

Component Outlook (Revenue, USD Billion; 2019-2032)
Platform
Services
Services Outlook (Revenue, USD Billion; 2019-2032)
Consulting Services
Integration Services
Training Support services
Maintained Services
Deployment Outlook (Revenue, USD Billion; 2019-2032)
Public
Private
Hybrid
Enterprise Outlook (Revenue, USD Billion; 2019-2032)
Large Enterprises
SMEs
End-Use Outlook (Revenue, USD Billion; 2019-2032)
IT and ITES
Telecommunication
Government
Healthcare
Retail and Ecommerce
Media and Entertainment
Transportation and Logistics
Manufacturing
Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA

 Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/cloud-microservices-market

Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights

About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

This release was published on openPR.