Serverless Computing Market Growth, Trends, and Future Insights 2025 | Top key players - Google LLC, Alibaba Cloud, CA Technologies.

The Global Serverless Computing Market reached US$ 9.3 Billion in 2023 and is expected to reach US$ 40.9 Billion by 2031, growing with a CAGR of 20.6% during the forecast period 2024-2031.

Serverless Computing Market report, published by DataM Intelligence, delivers detailed insights and analysis on major market trends, growth prospects, and emerging challenges. With a strong focus on providing actionable intelligence, DataM Intelligence enables businesses to make well-informed decisions and maintain a competitive edge. By blending both qualitative and quantitative research approaches, the company offers thorough reports that support clients in navigating complex market environments, driving strategic expansion, and capitalizing on new opportunities in today's rapidly evolving global landscape.

Serverless computing is a cloud computing model where users can build and run applications without managing servers. It automatically handles infrastructure, scaling, and resource allocation, allowing developers to focus solely on code. This model offers flexibility, cost efficiency, and improved speed by eliminating the need for traditional server management, making it ideal for dynamic workloads and rapid application development.

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Market opportunities and Growth Drivers:

➠ Cost-Effective Scaling Capabilities Drive Growth in Global Serverless Computing

➠ Rapid Growth in Cloud Computing Accelerates Serverless Computing Adoption

➠ Security Concerns Surrounding Serverless Computing May Hinder Market Expansion

Serverless Computing Market Recent Development:

On May 25, 2022, DigitalOcean, a prominent US-based cloud infrastructure provider, launched Nimbella-based serverless computing with its Functions product. This offering aims to simplify cloud application development by enabling developers to quickly write and deploy code without needing to manage the complexities of Kubernetes and containers. By streamlining the underlying infrastructure tasks, DigitalOcean makes serverless computing more accessible, allowing developers to focus more on code rather than operational details. This aligns with the broader industry trend of making cloud services more user-friendly and reducing the barrier to entry for developers.

On May 24, 2021, Imperva, Inc. introduced a new product designed to secure serverless functions, specifically providing visibility into application layer and code-level vulnerabilities. Imperva Serverless Protection offers an additional security layer for environments like AWS Lambda, addressing the unique challenges of securing serverless computing functions. With the increasing adoption of serverless architectures, Imperva's product plays a crucial role in ensuring that developers can build scalable, secure applications without compromising on security at the function or code level.

List of the Key Players in the Serverless Computing Market:

Google LLC, Alibaba Cloud, CA Technologies, Microsoft Corporation oracle Corporation, Dynatrace, Fiorano Software Inc., Joyent Inc., Modubiz Ltd. and NTT Data Corporation.

Research Process:

Both primary and secondary data sources have been used in the global Serverless Computing Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Serverless Computing Market:

By Services: Monitoring Services, API Management Services, Integration Services, Security, Support and maintenance, Others.

By Deployment: Private Cloud, Public Cloud.

By Enterprise Size: Large Enterprises, Small and Medium Enterprises.

By Application: Web and Mobile Applications, IoT (Internet of Things).

By End-User: BFSI, IT and Telecom, Retail, Healthcare, Manufacturing, Media and Entertainment, Others.

Regional Analysis for Serverless Computing Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

People Also Ask:

Most Frequently Asked Questions in the Serverless Computing Market Research Industry:

➠ What are the global figures for sales, production, consumption, imports, and exports in the Serverless Computing market?

➠ Who are the top manufacturers in the global Serverless Computing industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?

➠ What key opportunities are available for vendors in the Serverless Computing market, and what challenges are they likely to encounter?

➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?

➠ What are the major drivers and barriers influencing the growth trajectory of the Serverless Computing market?

➠ What are the primary sales, marketing, and distribution strategies used across the global Serverless Computing industry landscape?

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