Dublin, Nov. 14, 2018 (GLOBE NEWSWIRE) -- The "Serverless Architecture Market Size, Share & Trends Analysis Report By Organization (SME, Large Enterprises), By Vertical, By Service (Automation & Integration), And Segment Forecasts 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global serverless architecture market size is expected to reach USD 19.84 billion by 2025 at a 26.0% CAGR during the forecast period.
Growing demand for economizing operations and increasing profitability has been driving the market. Emergence of cloud technology, coupled with advancements in serverless computing, has further strengthened the market. As the business model of serverless operations is execution based, enterprises can eliminate the cost of provisioning and maintaining the server round the clock. Charges are billed on number of executions, which in turn, reduces cost.
Application development processes are a major beneficiary of a serverless architecture. DevOps and agile development culture within an organization are driving enterprises to change the way they develop business applications fundamentally. Monolithic applications are paving the way for application programming interface (API), micro-services, and function-based execution units, resulting in a paradigm shift of organizational mindset. These trends have changed the way enterprises approach IT infrastructure. In such an environment, serverless architecture enables organizations to streamline their operations, hire optimal resources, and allow developers to focus on core product development.
Cloud service providers (CSP) manage serverless architecture, enabling the platform to provide automatic scaling, enterprise-level global security, and promote continuous building, integration, and development efforts. Such factors positively impact an enterprise's time-to-market, market share, and sustainability.
From a business perspective, serverless architecture eliminates the cost of hiring back-end infrastructure engineers, provides process agility, and reduces overall operational cost by a significant amount. From a developer perspective, it offers reduced liability and zero system administration as well as fosters adoption of microservices and nano-services.
However, there are several risks involved in deploying serverless architecture. As CSPs control the underlying infrastructure, users cannot customize/optimize the infrastructure to suit specific needs of an enterprise and developer. Moreover, as the organization has no control over the infrastructure, adding multiple customers on the same platform may raise security concerns. Furthermore, as a consumer, there is no authorization to do penetration tests and vulnerability scanning on infrastructure underlying the serverless offerings. Thus, increasing need for compliance concerns adopters and thereby acts as a restraint to market growth.
Further key findings from the study suggest that:
Key Topics Covered:
Chapter 1 Methodology And Scope
Chapter 2 Executive Summary
2.1 Market Snapshot
Chapter 3 Market Definitions
3.1 Market Segmentation
Chapter 4 Industry Outlook
4.1 Global Serverless Architecture Market
4.2 Global Serverless Architecture Market, 2015 - 2025 (USD Million)
4.3 Regional Business Analysis
4.4 Services Business Analysis
4.5 Organization Business Analysis
4.6 Vertical Business Analysis
4.7 Value Chain Analysis
4.8 Market Variable Analysis
4.8.1 Driver
4.8.1.1 Proliferation Of Cloud-Based Technologies
4.8.1.2 Decreased Time-To-Market, Enhanced Scalability, And Reduced Operational Cost
4.8.2 Restraint
4.8.2.1 Loss Of Control, Vendor Lock-In, And Security Concern
4.9 Business Environment Analysis Tool
4.9.1 Serverless Architecture Market Pest Analysis
4.9.2 Serverless Architecture Market Porter's Analysis
4.10 Penetration & Growth Prospect Mapping
Chapter 5 Competitive & Vendor Landscape
5.1 Company Market Share Analysis
Chapter 6 Serverless Architecture Market: Services Segment Analysis
6.1 Automation And Integration
6.2 Api Management Services
6.3 Monitoring Services
6.4 Security
6.5 Support And Maintenance
6.6 Training And Consulting
6.7 Others
Chapter 7 Serverless Architecture Market: Organization Segment Analysis
7.1 Large Enterprise
7.2 Sme
Chapter 8 Serverless Architecture Market: Vertical Segment Analysis
8.1 Bfsi
8.2 Government & Public
8.3 Healthcare & Life Sciences
8.4 Manufacturing
8.5 Media & Entertainment
8.6 Retail & Ecommerce
8.7 Telecom & It
8.8 Others
Chapter 9 Serverless Architecture Market: Regional Outlook
Chapter 10 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/pv4gm5/global_serverless?w=12
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