Press release
Top Factor Driving Microservices Architecture Market Growth in 2025: Microservices Architecture Market Surges With Connected Device Proliferation
Microservices Architecture
The surge in the number of interconnected devices is projected to significantly contribute to the expansion of the microservices architecture market. These interconnected devices are physical items, like smartphones, laptops, smart vehicles and more, which are wirelessly networked to each other or other systems, allowing for data transfer and communication. Utilizing microservices architecture in connected devices supports the creation of various software that enables effortless interaction between diverse devices, protocols, and applications. This enhances the capacity of devices to transfer data from one computing environment to another. Moreover, continuous upgrades, integration, and maintenance of IoT applications in connected devices are facilitated by microservices architecture. For example, in November 2023, Uswitch, a UK-based price comparison website, reported that 92% of mobile users in the UK were using a smartphone. Furthermore, in March 2022, according to The Office of Communications, a UK-based government-approved communications regulator, 21% of the UK's internet users used smartphones. Consequently, the upswing in the use of connected devices is steering the growth of the microservices architecture market.
Get Your Microservices Architecture Market Report Here:
https://www.thebusinessresearchcompany.com/report/microservices-architecture-global-market-report
What Is the projected market size and growth rate for the microservices architecture market?
The market size of microservices architecture has seen a swift increase recently. The market, which is projected to expand from $6.27 billion in 2024 to $7.45 billion in 2025, is expected to have a compound annual growth rate (CAGR) of 18.8%. The historic surge in growth can be credited to the emergence of cloud computing, digital transformation, a cultural tilt toward DevOps practices, a need for scalability, and the rise in data security worries.
The market size of the microservices architecture is projected to experience a significant surge in the approaching years, escalating to $15.97 billion by 2029 with a compound annual growth rate (CAGR) of 21.0%. The predicted growth in this period can be credited to increased utilization of serverless architecture, integration of Internet of Things (IoT), strengthening of security protocols, emphasis on sustainability, and the focus on microservices architecture. Key trends to watch out for during the forecast period encompass AI-powered DevOps, event-driven architecture, ongoing integration, transition towards micro frontends, and improved management of hybrid cloud.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8031&type=smp
What new trends are reshaping the microservices architecture market and its opportunities?
Prominent businesses in the microservices architecture market are concentrating on the development of new products based on microservices architecture to accomplish ultra-low latency. This is intended to strengthen system functionality, increase response rates, and facilitate high-frequency trading scenarios, leading to improved user experiences and sustaining competitive superiority. Ultra-low latency is the negligible delay encountered during the transmission and processing of data, usually measured in microseconds or nanoseconds. An example of this is Vermiculus, a US advanced materials manufacturer, which introduced VeriTrade, a product based on microservices architecture, in September 2024. VeriTrade ensures a steady and predictable order matching progression, a crucial factor in a sector where timing is of utmost importance. This determined method improves the dependability of trade implementations.
What major market segments define the scope and growth of the microservices architecture market?
The microservices architecture market covered in this report is segmented -
1) By Component: Solution, Services
2) By Organization Size: Large Enterprises, Small And Medium Enterprises
3) By Deployment Type: On-Premise, Cloud
4) By End-Use Industry: Banking, Financial Services And Insurance, Government, Manufacturing, IT And Telecom, Retail, Healthcare, Energy And Utilities, Media, Other End-User Industries
Subsegments:
1) By Solution: Microservices Development Tools, API Management Solutions, Containerization Platforms, Service Mesh Solutions
2) By Services: Consulting Services, Implementation Services, Integration Services, Support and Maintenance Services
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8031
Which region dominates the microservices architecture market?
North America was the largest region in the microservices architecture market in 2024. The regions covered in the microservices architecture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the microservices architecture industry growth?
Major companies operating in the microservices architecture market include Microsoft Corporation, Amazon Web Services Inc., International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Tata Consultancy Services Limited, Salesforce Inc., Google Cloud Platform, Cognizant Technology Solutions India Pvt Ltd., VMware Inc., Twilio Inc., Citrix Systems Inc., F5 Inc., Splunk Inc., Micro Focus International plc, TIBCO Software Inc., Red Hat Inc., Software AG, Dynatrace Inc., New Relic Inc., Suse Linux AG, HashiCorp Inc., WSO2 Inc., Docker Inc., D2iQ Inc., Lightbend Inc., Datawire Inc., Kubernetes
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=8031&type=smp
What Is Covered In The Microservices Architecture Global Market Report?
•Market Size Forecast: Examine the microservices architecture market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the microservices architecture market for a structured understanding.
•Key Players Overview: Analyze major players in the microservices architecture market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the microservices architecture market.
•Segment Contributions: Evaluate how different segments drive overall growth in the microservices architecture market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the microservices architecture market.
•Industry Challenges: Identify potential risks and obstacles affecting the microservices architecture market.
•Competitive Landscape: Review strategic developments in the microservices architecture market, including expansions, agreements, and new product launches.
Connect with 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.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Top Factor Driving Microservices Architecture Market Growth in 2025: Microservices Architecture Market Surges With Connected Device Proliferation here
News-ID: 3912084 • Views: …
More Releases from The Business Research Company
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, 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 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 …
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…
More Releases for Services
Managed Services by Ensure Services
Ensure Services is a leading managed services provider offering comprehensive IT support and solutions designed to streamline operations, improve efficiency, and reduce operational costs for businesses of all sizes. Our managed services are tailored to meet the unique needs of your organization, ensuring you can focus on your core business while we handle your IT infrastructure.
With years of experience and a team of certified professionals, we deliver proactive monitoring, ongoing…
Electrical Services Market Next Big Thing | Major Giants SSI Electrical Services …
A new business intelligence report released by AMA with title "Electrical Services Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Electrical Services Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and…
North & South America Commercial Services Market 2022 (Employment Services, Offi …
The Business Research Company’s Commercial Services Global Market Report 2019 covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. Ratios of market size and growth to related markets, GDP proportions, and expenditure per capita for the market is detailed in the report. Data and analysis throughout the…
AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & …
Kunal Repair & Services is growing on-demand home services platform in India and we are currently operating in Gurgaon. We offer an array of services which include AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & Repair, R.O Services & Repair, Microwave Services & Repair, Geyser Services & Repair. Our operating philosophy for solving this massive problem is - Right price.
To know why we do what we…
Electrical Services Market Technology and Outlook 2023 Top Companies are Allianc …
A report added to the rich database of Qurate Business Intelligence, titled “Global Electrical Services Market Size, Status and Forecast 2023”, provides a 360-degree overview of the worldwide market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the data reliable in context…
Electrical Services Market Size 2018: Alliance Electrical Services, Housejoy, Te …
In 2017, the global Electrical Services market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.
This report focuses on the global Electrical Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Electrical Services development in United States, Europe and China.
Get Sample Copy of this report @ http://www.orbisresearch.com/contacts/request-sample/2311492…
