Press release
Cloud Microservices Market Forecast to Grow at 22.6% CAGR from 2024 to 2031 | SkyQuest Technology
Skyquest Technology
Cloud Microservices Market [https://www.skyquestt.com/report/cloud-microservices-market] size was valued at USD 1.3 billion in 2022 and is poised to grow from USD 1.59 billion in 2023 to USD 8.14 billion by 2031, growing at a CAGR of 22.6% in the forecast period (2024-2031).
The global Cloud Microservices market is growing and changing rapidly as cloud computing gains popularity and there is a rising demand for flexible and scalable software applications. Cloud microservices offer a modular and distributed approach to application development, enabling businesses to create and deploy applications more efficiently. This market is characterized by a growing emphasis on DevOps procedures, containerization technologies, and a goal for shorter time-to-market. Furthermore, the increasing popularity of cloud-native architectures, as well as the migration of legacy systems to the cloud, are fueling demand for cloud microservices.
Download a detailed overview:
https://www.skyquestt.com/sample-request/cloud-microservices-market
Top Player's Company Profiles
* Amazon Web Services (AWS) - United States
* Microsoft Corporation - United States
* Google LLC - United States
* IBM Corporation - United States
* Oracle Corporation - United States
* Salesforce.com, Inc. - United States
* Pivotal Software, Inc. - United States
* Red Hat, Inc. - United States
* VMware, Inc. - United States
* SAP SE - Germany
* ServiceNow, Inc. - United States
* Dell Technologies, Inc. - United States
* Cisco Systems, Inc. - United States
* Alibaba Cloud - China
* Tencent Cloud - China
* Huawei Technologies Co., Ltd. - China
* Fujitsu Ltd. - Japan
* NEC Corporation - Japan
* Infosys Limited - India
* Wipro Limited - India
Accelerating Digital Transformation: Role of Microservices in Cloud-Based Development
The growth of the market in the global scenario is the rapid, cross-industry propagation of micro-services architecture. Microservices are small, independently deployable, and self-contained services that could be developed, deployed, and scaled independently to offer better flexibility and agility in software development. This trend has arisen due to the need of the business to rapidly deliver software products and react to market demand changes, improving scalability and resilience. The microservices architecture will enable an organization to decompose monolithic applications into manageable, smaller components with fast development cycles and easier maintenance, thus enabling access to resources in the cloud. The global Cloud Microservices market is seeing an increase in demand as businesses recognize the benefits of this architectural approach for enabling faster innovation and digital transformation.
Competitive Forces at Play: R&D and Strategic Partnerships in Cloud Microservices Sector
The global Cloud Microservices market is characterized by a combination of established and emerging businesses. Most of the businesses are involved in R&D activities to enhance Cloud Microservices in terms of performance and efficiency. Besides this, strategic alliances, partnerships, and acquisitions are some of the very common strategies adopted by businesses to increase market share. The competitive landscape is based on technological changes, government regulations, and capabilities to offer cost-effective and long-term solutions.
Request Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/cloud-microservices-market
Segments covered
Component
Platform and Services (Consulting Services, Integration Services and Training, Support, & Maintenance Services)
Organization Size
SMEs and Large Enterprises
Deployment Mode
Public Cloud, Private Cloud and Hybrid Cloud
Application
Retail and Ecommerce, Healthcare, Media & Entertainment, BFSI, IT & ITes, Government, Transportation & Logistics, Manufacturing, Telecommunication and Others
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/cloud-microservices-market
Major Technological Developments by Key Players
* June 2024: Infogain and Gradial formed a strategic alliance to change Fortune 2000 organizations' marketing content operations. Through this collaboration, Infogain's creative strategy and transformation knowledge will come together with Gradial's airport automation to help large enterprises with numerous digital channels in consolidating their marketing content operations through one automated source.
* March 2024: NVIDIA will make hundreds of its enterprise-grade generative AI micro-services available for businesses to use in developing and deploying unique apps while retaining the ownership and control of the intellectual property on their respective platforms.
* March 2024: Google Cloud and NVIDIA announced a partnership to improve the ease of building, scaling, and managing generative AI systems.
Key to Scalable, Maintainable, and Agile Cloud Solutions
The globalcloud microservices market is growing rapidly due to the increasing adoption of microservice architecture by firms to build systems that can scale and be flexible in nature. Cloud microservices help in the development and deployment of complex systems as a loosely coupled set of services, which makes it easier to maintain, scale, and bring them to market rapidly. The key businesses offer cloud microservices platforms and solutions for the development, deployment, and management of applications based on microservices. This market is further bound to exhibit growth, as more and more enterprises are rapidly embracing cloud-native approaches for effective enhancement of capabilities connected with the development and delivery of software.
Related Reports:
Blockchain Market [https://www.skyquestt.com/report/blockchain-market]
Visit Our Website: https://www.skyquestt.com/
Media Contact
Company Name: Skyquest Technology
Contact Person: Mr. Jagraj Singh
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=cloud-microservices-market-forecast-to-grow-at-226-cagr-from-2024-to-2031-skyquest-technology]
Phone: +1 351-333-4748
Address:1 Apache Way, Westford,
Country: United States
Website: https://www.skyquestt.com/report/cloud-microservices-market
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 Cloud Microservices Market Forecast to Grow at 22.6% CAGR from 2024 to 2031 | SkyQuest Technology here
News-ID: 3646721 • Views: …
More Releases from ABNewswire
Builditect Roofing Celebrates 3 Years of Exceptional Service as a Roofing Contra …
Providing Quality Roofing Solutions and Building Strong Customer Relationships Since 2021
Three Years of Roofing Excellence
We at Builditect Roofing are thrilled to celebrate our 3rd anniversary as a premier Roofing Contractor in Dallas, TX [https://www.builditectroofing.com/blog/builditect-roofing-celebrates-3-years-of-excellence-as-a-leading-roofing-contractor-in-dallas-tx/]. Since our inception in 2021, we have been dedicated to providing high-quality roofing solutions for both residential and commercial clients. This milestone marks not only our commitment to quality craftsmanship but also the trust and support…
Homes and Gardens Features Errez Design's Expert Commentary On Patrick Mahomes' …
Ruben Gutierrez of Miami's Errez Design was featured in Homes and Gardens for his expert commentary on Kansas City Chiefs QB Patrick Mahomes' outdoor space. With over 20 years of experience, Gutierrez shares insights on Mahomes' choice of timeless black patio furniture, emphasizing durability and style. As outdoor spaces become essential gathering spots, Gutierrez's design expertise highlights the perfect balance between function and elegance.
Miami, FL - September 16, 2024 -…
Priority Carpet Cleaning Expands Premium Carpet Care Services in Baltimore
Priority Carpet Cleaning, a trusted name in the carpet cleaning industry, is pleased to announce the expansion of its high-quality carpet cleaning services across Baltimore and surrounding areas. With a steadfast commitment to customer satisfaction and the use of advanced cleaning technologies, the company continues to raise the bar for what clients can expect from a professional carpet cleaning company.
As homes and businesses in Baltimore look for ways to maintain…
Pro Roofing America - Fort Collins Roofers: Leading Roof Repair and Replacement …
Homeowners and businesses in Fort Collins seeking reliable roofing services can now turn to Pro Roofing America - Fort Collins Roofers for comprehensive solutions. Offering everything from roof repair to full roof replacement near me, the company is committed to delivering top-notch service that ensures the longevity and safety of your roof.
Homeowners and businesses in Fort Collins seeking reliable roofing services can now turn to Pro Roofing America - Fort…
More Releases for Cloud
Customized Cloud Service Market Analysis by Company - Google Cloud Platform, Rut …
DeepResearchReports has uploaded a latest report on Customized Cloud Service Industry from its research database. Customized Cloud Service Market is segmented by Regions/Countries. All the key market aspects that influence the Customized Cloud Service Market currently and will have an impact on it have been assessed and propounded in the Customized Cloud Service Market research status and development trends reviewed in the new report.
The new tactics of Customized…
Public Cloud Market (Cloud Billing, Cloud Access Security, Cloud Communication P …
Overview
The report on the global Public Cloud market is a product of extensive research conducted by a team of industry professionals. The report discusses briefly various products or services in the market and their applications. The report provides information on the latest technologies that are used in production, manufacturing, etc in order to improve efficiency and effectiveness. The report segments the market into various categories, in order to simplify the…
Cloud Service Consultants, Cloud Consulting Service, Enterprise Cloud Management …
Overview
Ken Research is dedicated towards unraveling multipart encounters within each stage of Data Center Lifespan such as Volume Planning, Scalability Issues, Uptime, Performance Conservation and Cost. Whether you are considering improving, forming, buying, leasing or revolutionizing your prevalent data center, Ken Research can maintenance you on every aspect by smoothing you partner with Vendors who have enormous understanding in the comparable Service Offering.
However, the data centers are an influential component…
Cloud Computing for Business Operations Market 2019 By Amazon Web Services, Micr …
Cloud computing is a internet-based computing where central remote servers maintain all the data and applications. Cloud computing allow business operators to rent physical infrastructure from a third party provider(cloud service provider).
Cloud Computing for Business Operations Market reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as…
Global Cloud Computing for Business Operations Market, Top key players are Amazo …
Global Cloud Computing for Business Operations Market Size, Status and Forecast 2019-2025
Cloud computing is a internet-based computing where central remote servers maintain all the data and applications. Cloud computing allow business operators to rent physical infrastructure from a third party provider (cloud service provider).
In 2018, the global Cloud Computing for Business Operations market size was xx million US$ and it is expected to reach xx million US$ by the…
Top 10 Cloud Technology Market (Hybrid Cloud, Cloud Storage, Cloud Migration, Cl …
“Top 10 Cloud Technology Market (Hybrid Cloud, Cloud Storage, Cloud Migration, Cloud Orchestration, Integration Platform As-A-Service, Disaster Recovery As-A-Service, Multi Cloud Management, Video-As-A Service, Cloud Analytics, and Wi-Fi-As-A-Service)”, Purchase This Report by calling ResearchnReports.com at +1-888-631-6977.
“Rising demand for business agility and the need for lower CAPEX and OPEX driving the growth of the cloud migration services market”
The migration to cloud enables the organizations and businesses to move their computing assets…
