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
Softek Awnings Helps Atlanta Restaurants Maximize Outdoor Seating with Patio Enc …
As Atlanta's restaurant scene embraces year-round outdoor dining, Softek Awnings helps restaurants turn their patios into comfortable, weather-protected spaces that stay open longer and serve more guests. The company's custom patio curtain systems let restaurants maximize their outdoor seating investment regardless of season or weather.
December 4, 2025 - Atlanta, GA - Softek's outdoor curtain services [https://softekawnings.com/services/outdoor-curtains/] in Atlanta range from simple vinyl roll-ups to complete perimeter enclosures. Each system is…
Antibody Drug Conjugates Market Set to Grow Substantially Through 2034, DelveIns …
The Key Antibody Drug Conjugates Companies in the market include - Bristol Myers Squibb, GSK, MBrace therapeutics, Oxford Biotherapeutics, Pfizer/Seagen, Abbvie/ImmunoGen, Adcendo, AdcentrX Therapeutics, Alentis Therapeutics, Araris Biotech, AstraZeneca/Daiichi Sankyo, BioNTech/DualityBio, Roche, Takeda Pharmaceuticals, and others.
DelveInsight's "Antibody Drug Conjugates Market Insights, Epidemiology, and Market Forecast-2034 report offers an in-depth understanding of the Antibody Drug Conjugates, historical and forecasted epidemiology as well as the Antibody Drug Conjugates market trends in the…
ForcedGRIT Magnetic Sanding System From My Automotive Refinishing Specialist Cor …
My Automotive Refinishing Specialist Corporation positions its patent-pending ForcedGRIT Magnetic Sanding System as the most significant advancement in surface preparation technology in decades. The innovation brings magnetic self-alignment and grit-rotation control to collision repair, fleet maintenance, marine, and metal fabrication applications.
My Automotive Refinishing Specialist Corporation announces the arrival of the ForcedGRIT Magnetic Sanding System, a patent-pending innovation poised to establish new industry standards for surface preparation across automotive refinishing, fleet…
Aether Holdings, Inc. (NASDAQ: ATHR) Targets $28B AI Analytics Market With a Dat …
Artificial intelligence is transforming how investors interpret markets, but one area is quickly emerging as the new frontier: real-time sentiment analytics linked directly to investor-focused media. With the AI-driven financial analytics market projected to reach $28 billion by 2029, demand is shifting toward platforms that can combine behavioral signals, predictive modeling, and continuous data inputs into actionable intelligence. Investors don't just want information anymore-they want early reads on crowd behavior…
More Releases for Cloud
Government Service Cloud Market SWOT Analysis by Leading Key Players: Google Clo …
HTF MI just released the Global Government Service Cloud Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies profiled in Government Service Cloud Market are:
Amazon Web…
Cloud Model Hosting Platform Market Size, Status, Global Outlook 2025 To 2033 | …
New Jersey, United States: The latest research study by Infinity Business Insights, titled 'Global Cloud Model Hosting Platform Market,' 118 analysis on business strategies adopted by key and emerging industry players. It provides insights into current market developments, trends, technologies, drivers, opportunities, and overall market outlook. Understanding various segments is crucial for identifying the factors that drive market growth. Some of the major companies featured in this report include Amazon Web…
AI Supercomputing Cloud Market to Witness Huge Growth by 2029 | AWS, Oracle, Mic …
The AI Supercomputing Cloud Market a detailed study added to provide most recent insights about critical reports of the Global AI Supercomputing Cloud market. This report provides a detailed overview of key factors in the AI Supercomputing Cloud Market and factors such as driver, limitation, past and current trends, guiding scenarios, and technology development. In addition, AI Supercomputing Cloud Market attractiveness according to country, end-user, and other measures is also…
Open Cloud Services Market Size in 2023 To 2029 | Google Cloud - T-Systems - IBM …
The Open Cloud Services market report includes market-driving factors, major obstacles, and restraining factors impeding market growth. The report assists existing manufacturers and start-ups in developing strategies to combat challenges and capitalize on lucrative opportunities to gain a foothold in the global market. Moreover, the report provides thorough information about prime end-users and annual forecast during an estimated period.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 + 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐓𝐎𝐂 ➡️ https://www.reportsnreports.com/contacts/requestsample.aspx?name=6778415
𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝…
Mini Program Development Services Market Size in 2023 To 2029 | Tencent Cloud, A …
The Mini Program Development Services market report provides valuable insights for new entrants and stakeholders, offering a comprehensive understanding of market dynamics. It analyzes the competitive landscape and future market scenarios using tools like Porter's five forces and parent/peer market analysis. The report evaluates the product portfolios and services of key market players in detail. It also examines the impact of government regulations during the Covid-19 pandemic and provides market…
Customized Cloud Service Market May See a Big Move | IBM Cloud, Oracle Cloud, Al …
Global Customized Cloud Service Market Growth (Status and Outlook) 2023-2029 is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Customized Cloud Service Market. Some of the key players profiled in the study are Google…
