openPR Logo
Press release

Function-as-a-Service Market Report 2024 - Market Size, Growth Rate, Major Drivers And Key Trends | Google Inc., Oracle Corporation, Microsoft Corporation, Amazon Web Services, SAP SE, International Business Machines Corporation

Function-as-a-Service Global Market Report 2024

Function-as-a-Service Global Market Report 2024

"The new report published by The Business Research Company, titled ""Function-as-a-Service Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the function-as-a-service market size has grown rapidly in recent years. It will grow from $9.59 billion in 2023 to $11.39 billion in 2024 at a compound annual growth rate (CAGR) of 18.7%. The function-as-a-service market size is expected to see exponential growth in the next few years. It will grow to $23.69 billion in 2028 at a compound annual growth rate (CAGR) of 20.1%.

Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=7040&type=smp

App Development Surge Fueling Function-As-A-Service (FAAS) Market Growth
The increase in app development activities is expected to drive the growth of the function-as-a-service (FaaS) market. Apps are becoming increasingly popular because of their ease of use and enhanced accessibility. As the need for apps grows, so does the demand for app development platforms such as paid cloud/function-as-a-service. This serverless backend process creates a computer program or a set of programs to perform the client's allotted activities. This growing app demand has resulted in increasing the use of FaaS services. According to the store stats 2022 report, by the swiss-based software company 42matters AG, on average, 1,300 new Android apps are released daily in the Google Play Store, and 1,130 new iOS apps are produced daily in the Apple App Store. Therefore, the increase in app development activities drives the function-as-a-service market growth.

Strategic Partnerships Driving Innovation In The Function-As-A-Service Market
Strategic partnerships for enhancing capabilities are a key trend adopted in the function-as-a-service market. Strategic partnerships offer various advantages such as innovation through collaborative research and development, new solutions creation, enhancement of existing capabilities, and more. The function of service companies is to partner with other key market players to enhance their capabilities, innovate and offer new solutions to customers. For instance, Red Hat, Inc., a US-based open-source software firm, and Microsoft Corporation, a US-based technology corporation have extended their partnership till at least 2024. Both companies have been active in open source communities, bringing major Microsoft technologies such as SQL Server and.NET to Red Hat Enterprise Linux and Red Hat OpenShift FaaS. The collaboration will continue as part of their expanded collaboration to create new ideas for the larger Linux community.

The function-as-a-service market covered in this report is segmented -

1) By Service: Tablets, Smartphones, Gaming Consoles, Laptops/PCs
2) By Deployment Model: Public Cloud, Private Cloud, Hybrid Cloud
3) By Enterprise: Small And Medium Enterprises, Large Enterprises
4) By End-User: Banking, Financial Services, And Insurance (BFSI), Information Technology (IT) And Telecommunication, Retail, Healthcare And Life Sciences, Other End-Users (Media And Entertainment, Government, Educational Institutions)

Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=7040&type=discount

Major companies operating in the function-as-a-service market report are Google Inc., Oracle Corporation, Microsoft Corporation, Amazon Web Services, SAP SE, International Business Machines Corporation, TIBCO Software Inc., Fiorano Software and Affiliates, Dynatrace LLC, FaunaDB, Infosys Ltd., VMware Inc., Red Hat Inc., Rackspace Inc., Joyent Inc., Iron. io Inc., OpenFaaS Ltd., Nuweba, Twistlock Ltd., StackPath LLC, Nimbella Inc., TriggerMesh Inc., Serverless Inc., Platform9 Systems Inc., Auth0 Inc., Cloudflare Inc., Kong Inc., Fission Labs Inc., Kubeless Inc., Bitnami Inc.

Contents of the report:
1. Executive Summary
2. Function-as-a-Service Market Report Structure
3. Function-as-a-Service Market Trends And Strategies
4. Function-as-a-Service Market - Macro Economic Scenario
5. Function-as-a-Service Market Size And Growth
…..
27. Function-as-a-Service Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/function-as-a-service-global-market-report

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "

Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.

Permanent link to this press release:

Copy
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 Function-as-a-Service Market Report 2024 - Market Size, Growth Rate, Major Drivers And Key Trends | Google Inc., Oracle Corporation, Microsoft Corporation, Amazon Web Services, SAP SE, International Business Machines Corporation here

News-ID: 3608836 • Views:

More Releases from The Business Research Company

Company Registration Service Market Landscape 2025: Forecast Data and Growth Strategy Insights
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the Company Registration Service Market Through 2025? The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecasts, and Growth Drivers
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025? In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market in 2025: Advancement In Digital Insurance Platforms Transforms Small And Medium Enterprises Coverage With Integrated, Data-Driven Solutions
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025? The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due To Rising Environmental Monitoring Requirements: Strengthening the Growth Trajectory of the Combustion Emissions Analyzer Market
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025? In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth

All 5 Releases


More Releases for App

AstroERA App is Becoming a Leading Astrology App
The astrology-focused app AstroERA continues to be one of the most popular platforms globally for enthusiasts of astrology. AstroERA provides a contemporary astrology experience, featuring a wide range of options including free initial chat sessions with astrologers, pooja booking choices, and services for kundli matching and creation. The firm introduced AstroERA to offer timeless astrological insights that allowed personal connection and heightened significance in today's rapid environment. This platform has gained
OpenAudio Fully Replaces HOLO-WHAS App with HoloHome App
OpenAudio, a leading provider of smart audio solutions, is proud to announce the launch of the new HoloHome App, which will fully replace the existing HOLO-WHAS App. This transition aims to offer users an enhanced and more intuitive smart audio experience. Image: https://lh7-rt.googleusercontent.com/docsz/AD_4nXcVernouLCvAEp1au2y7Aj5-e_qxeloI7DphbPpMQ4S01riRQsWtbGCDujTzYmEog_bRytTXBtAdu8A4I-Ag7snHCEET8qAvMTr9vv3wf9AnLlMwZtClSbqb0J73h5xd4sqxdf46Q?key=JWAHBGrqJUr4CVbTS-qsDNEc Key Features of the HoloHome App: * Unified Control Across Devices: The HoloHome App now supports a wide range of OpenAudio products, including HOLO-WHAS, HOLO-WHAS Ultra, HOLO-WHAS Plus, HOLO-WHAS Max,
App Store Optimization Software Market is Dazzling Worldwide | Gummicube, App An …
The new report titled "App Store Optimization Software Market  offer by Key Players, Types, Applications, Countries, Market Size, Forecast to 2029"offered by Infinity Business Insights includes a comprehensive analysis of the market size, geographical landscape along with the revenue estimation of the industry. In addition, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the "App Store Optimization Software Market". The space domain is
Book2.App - Convert your original PDF into an Android app & web app for FREE!
WILMINGTON, Del. - Feb. 26, 2020 - Ipsilon Developments launches Book2.app! A new app that let you convert your original work PDF into an Android & Web app!. Book2.app is a new web & mobile app, that allows you to convert your original work in PDF format, in an Android App, ready to publish into the Google Playstore! You can upload any original work, in PDF format, no technical knowledge is needed,
Patient Centric Healthcare App Market 2019: Technology Based Development coverin …
Patient centric health care app market is anticipated to grow in the forecast period owing to driving factors such as the rising number of innovations in technology, increase in population, surge in expectations in quality of care. Moreover, Rise in prevalence of chronic diseases, higher life expectancy, and patient enablement and empowerment, rising investments by major players for the growing demand are also offering opportunities in the market growth during
Health Insurance App Benchmarking 2015 Market Research Report - Industry View, A …
ResearchMoz added Latest Research Report titled " Health Insurance App Benchmarking 2015 - How health insurance companies make use of mobile apps " to it's Large Report database. The report analyzes the global app publishing activities of the leading Health Insurance Companies on Android and iOS devices. The research provides a detailed picture of which app categories health insurance companies concentrate on, how many apps they have published, which user groups