Cloud Microservices Market Size And Forecast 2026
According to Business Research Reports, Global Cloud Microservices Market was valued at USD 649.04 Million in 2018 and is projected to reach USD 3,054.23 Million by 2026, growing at a CAGR of 21.37% from 2019 to 2026.
The latest survey on Global Cloud Microservices Market is conducted covering various organizations of the industry from different geographies to come up with a 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition are facing along with gap analysis and new opportunities available and trend in the Cloud Microservices Market. The report aims to present the analysis of the Global Cloud Microservices Market By Deployment Model, By End-Use Industry, By Region – North America, Europe, South America, Asia-Pacific, Middle East, and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities.
What are Microservices? The cloud microservices, also known as microservices architecture is an approach in which an application is structured as a collection of numerous loosely coupled and independently deployable smaller services. These smaller services are also organized around business capabilities, highly maintainable and testable, and owned by small teams. Cloud microservices enable rapid, frequent and reliable delivery of complicated and large applications.
Global Cloud Microservices Market Outlook In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
As cloud microservices encourage simplification of complex applications, making it easier to apply the change, there has been a proliferation of the microservices architecture, hence driving the market growth. Moreover, growing adoption of Kubernetes, a large number of services, decentralized continuous delivery and growing adoption of hybrid cloud across various industries is expected to drive the market for microservices architecture over the forecast period. With the growing load on data centers, hybrid cloud applications become cost-effective, which is anticipated to push the market further. However, concerns regarding security and compliance issues are likely to be restraining the growth of the market.
Business Research Reports narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Cloud Microservices Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
Global Cloud Microservices Market Competitive Landscape The “Global Cloud Microservices Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Amazon Web Services Inc., Pivotal Software Inc., Infosys Ltd., Oracle Corporation, Idexcel Inc., Microsoft, CA Technologies, IBM, Salesforce.com Inc., Tata Consultancy, Services Limited. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
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Global Cloud Microservices Market, By Deployment Model
- Platform
- Service
Global Cloud Microservices Market, By End-Use Industry
- Manufacturing
- Telecom & IT
- Retail & E-Commerce
- BFSI
- Healthcare
- Others
Global Cloud Microservices Market, By Geographic Scope
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Rest of the World
Reasons to Purchase this Report
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 6-month post-sales analyst support
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