How big is the Cloud Microservices Market?

The Cloud Microservices Market size is expected to reach USD 1.63 billion in 2024 and grow at a CAGR of 22.88% to reach USD 4.57 billion by 2029. Read More

What is the current Cloud Microservices Market size?

In 2024, the Cloud Microservices Market size is expected to reach USD 1.63 billion. Read More

Who are the key players in Cloud Microservices Market?

Amazon Web Services Inc., Microsoft Corporation, IBM Corporation, Salesforce.com Inc. and Tata Consultancy Services Limited are the major companies operating in the Cloud Microservices Market. Read More

Which is the fastest growing region in Cloud Microservices Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Cloud Microservices Market?

In 2024, the North America accounts for the largest market share in Cloud Microservices Market. Read More

What years does this Cloud Microservices Market cover, and what was the market size in 2023?

In 2023, the Cloud Microservices Market size was estimated at USD 1.33 billion. The report covers the Cloud Microservices Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Cloud Microservices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Cloud Microservices Market - Share, Trends & Size

Cloud Microservices Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Cloud Microservices Market Growth and it is segmented by deployment mode (platforms, services), enterprise size (small and medium enterprises, large enterprises), end-user industry (BFSI, retail, e-commerce, manufacturing, telecommunications, IT and ITes, healthcare, and other end-user industries), and geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa). The market sizes and forecasts are in terms of value (USD million) for all the above segments.

Cloud Microservices Industry Overview

The cloud microservices market is fragmented. The major players have used various strategies, such as new product launches, partnerships, acquisitions, and others, across multiple deployment modes, like public, private, and hybrid cloud. It helps increase their footprints in this market to sustain the long run. Amazon Web Services Inc., Microsoft Corporation, IBM Corporation, etc., are the primary players. Current advancements in the market are:

January 2022 - Red-on-line, a leading EHS software and content provider, acquired Gutwinski Management GmbH, a leading EHS platform solution. The acquisition will create a profoundly complementary client portfolio product and have an opportunity to make products and services available to even more customers worldwide.
Alteryx, Inc., the Analytics Automation company, acquired Trifacta, which offers cloud-first capabilities to help enterprises drive their analytics transformation at scale. With this acquisition, Alteryx will be uniquely positioned to provide large enterprises with an integrated end-to-end, low-code/no-code analytics automation platform in the cloud. It will also serve the needs of the entire enterprise: data analytics teams, IT/data engineering teams, and business users.