Global Server Less Computing Market Overview:
Serverless computing refers to the method of allocating machine resources on-demand in this method the serverless computing provider takes care of the server on behalf of its customers. In this method, the customer is charged on basis of their computation needs and does not have to pay a reserve or a deposit as the service automatically scales itself. Servers are present in this method but developers do not need to be aware of them. Generally, serverless computing provides database and storage services along with functions as a service. Due to its convenience, the demand for serverless computing is increasing. Some of the players profiled in the study are Cloudflare (United States), Amazon (United States), Google (United States), Microsoft (United States), Oracle (United States), Alibaba (China), NTT Data (Japan), Rackspace (United States), IBM (United States) and Kinvey (United States).
On the basis of geography, the market of Server Less Computing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Verticals, the sub-segment i.e. IT and Telecommunications will boost the Server Less Computing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Compute will boost the Server Less Computing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- The demand of Server Less Computing Due to Greater Scalability and Flexibility
- Need of Server Less Computing as It Eliminates the Need of Server Management
- Introduction of Mobile Backend as a Service in Server Less Computing
- Serverless Computing Is Not Efficient for Long-Running Applications
- Growing Adoption of Server Less Computing for Application Developers Will Increase Its Demand
- Growing IT Start-Ups Will Increase the Demand of Server Less Computing
- Server Less Computing Is A Bad Fit for Stateful Applications
- Lack of Control in Server Less Computing
Key Market Developments:
On 28th June 2017, Kinvey, a privately owned firm headquartered in Boston and a pioneer in Backend as a Service (BaaS) technology, has been purchased by Progress. This purchase is an important part of Progress's plan to provide the best forum for developing and delivering new cognitive-first apps. The announcement came after the firm acquired DataRPM, a machine learning, and predictive analytics vendor, in March.
On 4th May 2021, Sysdig, Inc., the secure DevOps pioneer, today unveiled runtime detection and response for secure AWS Fargate, an Amazon Web Services (AWS) serverless computing engine for containers, expanding Sysdig's cloud security capabilities. Sysdig today announced the release of the first runtime security monitoring and response solution for AWS Fargate, which includes comprehensive audit logs for incident response.
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Server Less Computing Providers, Government Regulatory and Research Organizations, End-Use Industries and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Server Less Computing market on the basis of product [Open-Sourced Solutions and Closed-Sourced Solutions] , application [SMEs and Large Enterprises], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Server Less Computing market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Server Less Computing industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Sysdig, Inc. (United States) and Parse (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Server Less Computing market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.