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Microservices Architecture Market Popular Trends & Technological advancements to Watch Out for Near Future; Global Industry Analysis 2025
The increased adoption of Cloud based Software as a Service (SaaS) providers in the enterprise business functionality have increased the need to integrate multiple application providers and services to support the enterprise. As microservices function on smaller and simpler services, the increase in Cloud adoption is one of the driving factors for the microservices architecture market.Proliferation of connected devices such as wearables, smartphones, smart home appliances, tablets, drones, and fitness trackers is the key driving factor for the microservices architecture market. This is because today’s business customers expect a feature update for software applications on a much quicker iteration cycle than what traditionally existed.
Microservices architecture is much more responsive to market requirements as it is an approach toward building, scaling, evolving, and deploying the individual services in the cycle. There are certain scenarios such as possible communication failures or network latency that need to be considered while adapting to microservices architecture.
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This is due to the fact that in microservices architecture, to communicate with other services, REST API (Representational State Transfer Application Program Interface) is used which gives rise to additional HTTP call overhead. However, to build the more granular services, technologies such as Internet of Things (IoT) and Virtualization presents the better opportunity for the microservices architecture market.
The global microservices architecture market has been segmented on the basis of deployment, end-use industry, and geography. Based on deployment, the market has been divided into cloud and on premise. In terms of end-use industry, the microservices architecture market has been segregated into BFSI, government, manufacturing, IT and Telecom, retail, healthcare, energy and utilities, media, and others. As per geography, the market has been divided into North America, Asia Pacific, Europe, Middle East and Africa, and South America.
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Some of the major players in the global microservices architecture market include Cognizant, IBM Corporation, Microsoft Corporation, Datawire, Salesforce.com., Infosys Limited, MuleSoft, INC., Software AG, IBM Corporation, and NGINX Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.
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