What is the current Serverless Computing Market size?

The Serverless Computing Market is projected to register a CAGR of 23.17% during the forecast period (2024-2029) Read More

Who are the key players in Serverless Computing Market?

Amazon Web Services Inc., Microsoft Corp., Google LLC, Alibaba Group Holding Limited and IBM Corp. are the major companies operating in the Serverless Computing Market. Read More

Which is the fastest growing region in Serverless Computing 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 Serverless Computing Market?

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

What years does this Serverless Computing Market cover?

The report covers the Serverless Computing Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Serverless Computing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Serverless Computing Market - Size, Analysis, Growth & Segments

Serverless Computing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers the Global Serverless Architecture Market Forecast and Companies. The Market is Segmented by Service (Professional, Managed), Type (Hybrid, Multi-Cloud), End-user Industry (IT & Telecommunication, BFSI, Retail, Government, Industrial), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The market size and forecasts are provided in terms of value (USD million) for all the above segments.

Serverless Computing Industry Overview

The serverless computing market is moderately competitive and consists of several significant players. In terms of market share, some of the players are currently dominating the market. However, with the advancement in the cloud platform across professional services, new players are increasing their market presence, thereby expanding their business footprint across emerging economies.

November 2022 - To make it simpler to develop nimble, scalable Java apps using AWS Lambda, the serverless, event-driven computing service in the Amazon cloud, AWS has released AWS Lambda SnapStart for Java.
November 2022 - Alibaba, the Chinese e-commerce behemoth looking to restart development after a historical slump, announced that it would invest $1 billion over the next three fiscal years to serve its cloud computing customers.