The global Cloud Microservices Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2022-2030. Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Cloud Microservices market include AWS (US), CA Technologies (US), Contino (UK), CoScale (Belgium), IBM (US), Idexcel (US). Infosys (India), Kontena (Finland), Macaw (US), Marlabs (US), Microsoft (US), Netifi (US), NGINX (US), OpenLegacy (US), Oracle (US), Pivotal Software (US) RapioValue Solutions (US), RoboMQ (US), Salesforce (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The Cloud microservices market is on the rise due to a range of influential factors shaping the software development and cloud computing landscape. These drivers include the need for scalability and flexibility, as microservices enable organizations to independently scale components of their applications to meet varying demands. Furthermore, cloud microservices promote agility and speed in software development, facilitating faster time-to-market for new features. Cost efficiency is another compelling factor, as microservices optimize resource utilization and align with the cost-effective pay-as-you-go model of cloud platforms. Enhanced reliability and resilience are achieved through microservices, preventing the failure of one component from affecting the entire application. Technological diversity, DevOps and CI/CD adoption, containerization, and orchestration also contribute to the growing popularity of microservices. They enable organizations to stay competitive, undergo digital transformation, and navigate complex IoT and edge computing landscapes effectively. Moreover, microservices enhance security and compliance while accommodating global operations. This combination of factors is propelling the adoption of cloud microservices as businesses strive to modernize their IT infrastructure, improve agility, and thrive in the dynamic digital economy. The market is expected to continue expanding as more organizations recognize the advantages of scalable, reliable, and innovative software solutions offered by microservices in cloud environments.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of cloud microservices. The growth and trends of cloud microservices industry provide a holistic approach to this study.
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Market Segmentation
This section of the cloud microservices market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Component
- Paltform
- Services
By Services
- Consulting Services
- Integration Services
- Training, Support And Maintained Service
By Deployment Type
- Public
- Hybrid
- Private
By Organization Size
- SMEs
- Large Enterprises
By Industry
- BFSI
- IT And ITeS
- Telecommunications
- Government
- Healthcare
- Retail And Ecommerce
- Media And Entertainment
- Transportation And Logistics
- Manufacturing
- Others (Education, Energy & Utilities, And Travel & Hospitality)
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Cloud Microservices market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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According to a new market research report "Cloud Microservices Market by Component (Platform and Services), Deployment Mode (Public Cloud, Private Cloud, and Hybrid Cloud), Organization Size (Large Enterprises and SMEs), Vertical, and Region - Global Forecast to 2023" published by MarketsandMarkets™, the Cloud Microservices Market size expected to grow from $683.2 Million in 2018 to $1,880.0 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 22.4% during the forecast period.The growing digital transformation trends, customer oriented businesses, and penetration of microservices among enterprises are some of the major factors driving the cloud microservices market.Browse in-depth TOC on "Cloud Microservices Market"60- Tables41- Figures140- PagesRequest Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=60685450Cloud micro services platform segment is expected to hold a larger market size during the forecast period.Among the components, the platform segment is expected to hold a larger market size during the forecast period.
With the advent of advanced technologies and digital transformation trends, businesses focus more on streamlining application development process.
Hence, companies prefer adopting cloud microservices platform to improve agility in the business process and faster Time to market (TTM).Hybrid deployment mode is expected to be the fastest growing segment during the forecast period.Under the deployment mode, the hybrid cloud deployment is expected to hold the largest markets size and grow at the highest CAGR during the forecast period.
Considering the security and privacy aspects in the public cloud deployment mode, businesses are rapidly switching to the hybrid cloud deployment mode.Information Technology (IT) and IT Enabled Services (ITES) vertical is expected to grow at the highest CAGR during the forecast period.Among the industry verticals, the IT and ITES vertical is expected to grow at the highest CAGR in the global cloud microservices market.
Furthermore, the growing competition in the IT and ITES vertical is shifting the focus on delivering enhanced customer experience and satisfaction.North America is expected to hold the largest market size; and Asia Pacific (APAC) to grow at the highest CAGR during the forecast period.Among regions, North America is expected to hold the largest market size in the global cloud microservices market during the forecast period, followed by Europe.
North America has been adopting cloud microservices within organizations due to their wide range of features and functionalities.APAC is expected to register strong growth in the coming years, as organizations in this region are expected to adopt cloud microservices to improve application development process, and meet the demands of dynamic customers.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=60685450Traditional and emerging vendors in the cloud microservices market include AWS (US), CA Technologies (US), Contino (UK), CoScale (Belgium), IBM (US), Idexcel (US), Infosys (India), Kontena (Finland), Macaw Software (US), Marlabs (US), Microsoft (US), Netifi (US), NGINX (US), OpenLegacy (US), Oracle (US), Pivotal Software (US), RapidValue Solutions (US), RoboMQ (US), Salesforce (US), SmartBear Software (US), Software AG (Germany), Syntel (US), TCS (India), Unifyed (US), and Weaveworks (UK).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
Market Synopsis The data analysts at Market Research Future Reports (MRFR) have conducted a thorough analysis of the global cloud microservices market is estimated to value USD 2,146.7 million, thriving at a CAGR of 25% during the assessment period.
Besides, the increasing demand for secured IT operations and cheap cost methods have further led to market expansion.
Thorough research is being carried out on the impact of coronavirus on the worldwide market.
We will provide an impact analysis report on COVID-19.Market Segmentation The worldwide cloud microservices market can be distinguished on the basis of organization size, component, deployment, verticals, and geography.
On the basis of component, the global cloud microservices market can be distinguished into platform and services.On the basis of deployment, the worldwide cloud microservices market can be distinguished into the public cloud, private cloud, and hybrid cloud.On the basis of verticals, the worldwide cloud microservices market can be distinguished into healthcare, retail and e-commerce, media & entertainment, IT & telecommunication, BFSI, government, transportation and logistics, and manufacturing.On the basis of geography, the worldwide cloud microservices market can be distinguished into North America, Europe, Asia-Pacific, and Rest of the World (RoW).Complete Report Details @ https://www.marketresearchfuture.com/reports/cloud-microservices-market-7199Regional Analysis The global market is estimated to expand significantly during the assessment period.
The most significant factor resulting in the market expansion is the presence and participation of the developed economies such as the UK, and Germany.
Cloud microservices Market Research, By Component (Platform, Services), Organization Size (Large Enterprise, SMEs), Deployment (Private, Public, Hybrid), Verticals (Retail and E-Commerce, Healthcare, Media & Entertainment)— Global Forecast till 2027Market HighlightsMicro services enable the enterprises and software developers to managen buisiness operations from a self-contained individual service units.
The major factors that contribute towards the growth of cloud micro services is due to increasing adoption of private cloud services for high security of data, and need for streaminling business operations, reducing the cost of IT deployment.
However, the lack of expertise, and lack of proper infrastructure is refraining the market to grow.Get a Free Report @ https://www.marketresearchfuture.com/sample_request/7199Key PlayersThe key players in the cloud micro services industry are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise.
Some of them are— Amazon Web Services (US), CA Technologies, IBM Corporation (US), Microsoft Corporation (US), Salesforce.com Inc (US), Infosys Limited (India), Oracle Corporation (US), Syntel (US), SmartBear Software (US), and Software AG (Germany).
These players contribute a major proportion towards market growth.Apart from the top key players, the other players contribute nearly 30–35 % in the cloud microservices market.
These include Contino (UK), CoScale (Belgium), Idexcel (US), Kontena (Finland), Macaw (US), Marlabs (US), Netifi (US), NGINX (US), OpenLegacy (US), Pivotal Software (US), RapidValue Solutions (US), RoboMQ (US), TCS (India), Unifyed (US), and Weaveworks (UK) and others.Regional AnalysisThe market for cloud microservices is estimated to grow at a significant rate during the forecast period from 2020 to 2027.
The global Microservices Architecture Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the Microservices Architecture market include Tata Consultancy Services Limited, IBM Corporation, Microsoft Corporation, Oracle, Salesforce.com.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Microservices Architecture Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/microservices-architechture-market/download-sampleMarket DynamicsGrowing digitalization and shift from monolithic to microstructure is stimulating the growth of the market.
More and more businesses are turning digital to grab opportunities.
Giant stars such as Amazon, Netflix, LinkedIn, Spotify, SoundCloud, and other companies have evolved their applications towards a microservice architecture.
