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Function-as-a-Service Technology Overview & Outlook to 2024 by Worldwide Market Size, Key Vendors, Growth Rate, Drivers, Volume & Forecast 2018 Report

Data Bridge Market Research added Global Function-as-a-Service Market report provides an Industry overview of its characteristics, market size and growth, industry segmentation, market shares, trends and Key player strategies, industry chain structure, development history & status, competitive landscape analysis

 

Pune, India -- (SBWIRE) -- 04/16/2018 -- Global function-as-a-service market is expected to reach USD 8.86 billion by 2025, from USD 2.5 billion in 2017, growing at a CAGR of 25.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2018 to 2025.

Competitive Analysis:

The global function-as-a-service market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of function-as-a-service market for global, Europe, North America, Asia Pacific and South America.

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Global Function-as-a-Service Market Major Players:

Some of the major players operating in the global function-as-a-service market are IBM Corporation, Microsoft, Google Inc., Amazon Web Services, Inc., SAP SE, Dynatrace LLC., Infosys Limited, Rogue Wave Software, Inc., TIBCO Software Inc., Fiorano Software and Affiliates., Manjrasoft Pty Ltd., Flowgear, SixSq Sàrl.,VMware, Inc, Iron.io, Oracle, Tata Consultancy Services Limited., Capgemini., EXL., Cisco Systems Inc., among others.

Major Market Drivers:

- Simple installation and manageable.
- Matured hosted services.
- Switch to server less computing from DevOps.

Restraints:

- Easy transferability of applications.

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Global Function-as-a-Service Market Segmentation:

Global Function-as-a-Service Market By User Type (Operator-Centric, Developer-Centric), By Service Type (Automation and Integration Services, Micro service Monitoring, Management Services, API Management Services, Support and Maintenance Services, Training and Consulting Services), By Application, By Deployment model, By Organization Size, By Vertical, and By Geography– Industry Trends and Forecast to 2025

- Based on user type, the global Function-as-a-Service market is segmented into operator-centric function-as-a-service and developer-centric function-as-a-service.

- On the basis of service type, the global function-as-a-service market is classified into automation and integration services, micro service monitoring and management services, API management services, support and maintenance services, training and consulting services, and others.

- On the basis of application, the market is segmented into web-based & mobile application, research & academic application, and others.

- On the basis of deployment model, the global function-as-a-service market is classified into public cloud, private cloud, and hybrid cloud.

- On the basis of organization size, the global function-as-a-service market is classified into small and medium enterprises, and large enterprises.

- On the basis of Industry vertical, the market is segmented into banking, financial services, and insurance (BFSI), telecommunication and ITES, consumer goods and retail, healthcare and life sciences, government and public sector, manufacturing media & entertainment, and others.

- Based on geography, the global function-as-a-service market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others. In 2017, North America is expected to dominate the market.

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