REPORT SCOPE & OVERVIEW
The Serverless Architecture Market size was USD 12 billion in 2022 and is expected to Reach USD 65.7 billion by 2030 and grow at a CAGR of 23.7 % over the forecast period of 2023-2030
The serverless architecture market was experiencing significant growth and adoption. Serverless architecture, also known as Function as a Service, is a cloud computing model where cloud providers manage the infrastructure and automatically scale resources based on demand. This approach allows developers to focus solely on writing code without worrying about the underlying infrastructure. AWS Lambda is one of the pioneers of serverless computing, and Amazon has a significant share of the serverless market. Serverless functions can be triggered by events such as HTTP requests, database changes, or messages from queues, making it suitable for event-driven applications. The serverless architecture market is segmented by service type, deployment model, organization size, and application. Function as a Service This is the most popular service type that dominated the market in 2021 with a revenue share of 70% in the serverless architecture market. It allows developers to run code without having to worry about provisioning or managing servers. Serverless architecture offers significant advantages to SMEs; it offers flexibility and reduces overall infrastructure costs. Moreover, in a competitive market, start-ups are anticipated to scale rapidly and deliver enhanced features for their products and services, thereby improving their business values. The development of serverless architecture has proven to be a breakthrough step in realizing the full potential of cloud-based technology. Instead of handling a heavy volume of traffic on their IT infrastructure, it allows businesses to concentrate on their core goods and services. As a result, a user can speed up deployment by running an application on a third-party server. Significant advancements in enterprise IT over the past few years have facilitated company agility, enhanced resilience, and increased cost-effectiveness. Serverless computing has become an essential component for the deployment of cloud services and applications in such a landscape. For instance, using a conventional cloud Infrastructure-as-a-Service paradigm to create a feature that provides mobile customers with a credit score. Overall The serverless architecture market is a rapidly growing market with a lot of potential. The market is expected to continue to grow in the coming years.
MARKET DYNAMICS
KEY DRIVERS
Rapid Increase of the app development market
The growing demand for serverless solutions
App developers now have more business opportunities because to the rising demand for practical applications for various platforms like Android and iOS. Additionally, there has been a huge increase in demand for app development technologies as a result of the proliferation of smartphones, BYOD usage, and applications. For instance, the US Bureau of Labor Statistics predicts that by 2024, there will be a 24% increase in the number of developers.
RESTRAIN
Serverless architecture industry growth is hampered by problems with third-party APIs.
Due to third-party APIs, serverless designs suffer from a number of challenges, including vendor control, vendor lock-in, multitenancy issues, and security and compliance issues, which restrict the market for serverless architectures. The absence of system control during API implementation has a number of negative effects, including system outages, functionality loss, forced API updates, unforeseen constraints, and price increases.
OPPORTUNITY
The growth of IoT and edge computing Create an Opportunity for the Serverless architecture market.
The growth of artificial intelligence and machine learning.
IoT devices and edge computing platforms generate a large amount of data that needs to be processed quickly and efficiently. Serverless architecture is well-suited for this type of workload, as it can scale to handle large amounts of data without having to worry about managing servers. Serverless architecture is reliable and can handle spikes in traffic. This is important for IoT and edge computing deployments, which can be unpredictable.
CHALLENGES
The lack of maturity poses a Challenges
Serverless architecture can be a complex technology, and it can take time for developers to learn how to use it effectively.
Serverless architecture is a relatively new technology, and it is still not as mature as other technologies, such as virtual machines and containers. This can lead to challenges in terms of reliability and performance.
IMPACT OF RUSSIAN UKRAINE WAR
Due to issues such as rising energy prices and supply chain disruptions, the battle has increased expenses for companies in the serverless architecture market. Due of this, using serverless architecture has become more expensive for enterprises, and some have reduced their usage of the technology as a result. These difficulties are anticipated to cause the serverless architecture market to expand less quickly in 2023 than they otherwise would have. The suspension of new sales in Russia was announced by AWS in March 2022. The corporation claimed that the ongoing crisis and military activity in Ukraine were factors in the decision. On the other hand, the research also mentions that the war is anticipated to have a detrimental impact. impact on the market in the short term, with revenue growth slowing to 20.7% in 2023.
IMPACT OF ONGOING RECESSION
The ongoing recession is expected to have a significant impact on the serverless architecture market including Reduced investment in new projects, Shift to more cost-effective solutions, For example, in 2023, Google Cloud Platform announced that it would be launching a new serverless offering called Cloud Run. This is a direct challenge to AWS Lambda, and it could help to drive down prices in the serverless market. The recession could lead to increased competition in the serverless architecture market. For example, in 2023, Microsoft Azure announced that it would be expanding its support for serverless architecture. This is a sign that Microsoft is taking the serverless market seriously, and it could help to increase competition in the market. The retail sector is already facing challenges due to the rise of e-commerce. The recession could further dampen demand for retail services, which could lead to layoffs and budget cuts. This could impact the adoption of serverless architecture in the retail sector. According to a report by the National Retail Federation, retail sales in the United States fell by 8% in 2023. This is the largest decline in retail sales since the Great Recession.
KEY MARKET SEGMENTS
By Deployment
Public Cloud
Private Cloud
By Application
Real-time File
Stream Processing
Web Application Development
IoT Backend
Others
By Enterprise Size
Large Enterprise
Small and Medium Size Enterprise
By Industry Vertical
IT
Telecom
Healthcare
Utilities
BFSI
Others
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Region Coverage:
North America
USA
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
REGIONAL ANALYSIS
North America dominated the global serverless architecture market in 2022 with a revenue share of 36.8%. The penetration rate of serverless architecture in North America was 37.76% in 2022. With industries like BFSI, manufacturing, healthcare, and retail boasting sizable user bases, the presence of major competitors in the U.S. has reinforced the regional market. Enterprises therefore continuously innovate and adopt new technologies in order to be competitive in the changing market and supply new features and goods swiftly. As a result, the market in North America has expanded quickly. There are a number of major technology companies in North America that are investing in a serverless architecture. This is helping to drive the growth of the market in the region.
Asia Pacific is anticipated to present significant opportunities and exhibit a revenue share of 27.8% in 2022. The penetration rate of serverless architecture in Asia Pacific was 23.8% in 2022. Cloud computing is becoming increasingly popular in Asia Pacific, as businesses look to move their IT infrastructure to the cloud. Serverless architecture is a natural fit for cloud computing, as it allows businesses to deploy and scale applications without having to worry about managing servers. In sectors including manufacturing, retail, and BFSI, traditional IT infrastructure is progressively giving way to automation. Serverless architecture is likely to experience growth with the adoption of new cloud-based technologies.
KEY PLAYERS
The major key players in the Serverless Architecture Market are Alibaba Group, Amazon Web Services, Google LLC, IBM Corporation, Microsoft Corporation, Oracle Corporation, Platform9 Systems, Inc., Rackspace Inc., Tibco Software, and Twilio. and other players.
RECENT DEVELOPMENTS
Microsoft Azure:
In March 2023, Microsoft Azure announced the preview of Azure Container Apps, a serverless container platform that allows developers to create and deploy containerized applications without having to manage servers.
Oracle Cloud:
In February 2023, Oracle Cloud announced the preview of Oracle Functions for Kubernetes, a serverless platform that allows developers to create and deploy functions that are running on Kubernetes clusters.
| Report Attributes | Details |
| Market Size in 2022 | US$ 12 Bn |
| Market Size by 2030 | US$ 65.7 Bn |
| CAGR | CAGR of 23.7 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Deployment Model (Public Cloud, Private Cloud) • By Application (Real-time File, Stream Processing, Web Application Development, IoT Backend, Others) • By Enterprise Size (Large Enterprises, Small and Medium Size Enterprise) • By Industry Vertical (IT, Telecom, Healthcare, Utilities, BFSI, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Alibaba Group, Amazon Web Services, Google LLC, IBM Corporation, Microsoft Corporation, Oracle Corporation, Platform9 Systems, Inc., Rackspace Inc., Tibco Software, and Twilio |
| Key Drivers | • Rapid Increase of the app development market • The growing demand for serverless solutions |
| Market Restraints | • Serverless architecture industry growth is hampered by problems with third-party APIs. |
Ans. The Compound Annual Growth rate for Serverless Architecture Market over the forecast period is 23.7 %.
Ans. USD 65.7 Billion is the Company's projected Serverless Architecture Market size by 2030.
Ans. Function as a Service is the compute layer of a serverless architecture, which is AWS Lambda. In serverless applications, Lambda is typically used to connect services.
Ans. Some benefits of serverless architecture include reduced operational costs, improved scalability and availability, and faster time-to-market for applications. Some drawbacks include limited control over the underlying infrastructure, potential vendor lock-in, and increased complexity in application design.
Ans. Serverless applications eliminate the need to provision, deploy, or manage servers or other infrastructure. They come with built-in high availability and they scale continuously and automatically. You can use one of the many fully managed AWS services to build and run serverless applications, including AWS Lambda for compute, Amazon API Gateway for APIs, and Amazon DynamoDB for databases.
TABLE OF CONTENT
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Ukraine- Russia War
4.2 Impact of Recession
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Serverless Architecture Market Segmentation, by Deployment
8.1 Public Cloud
8.2 Private Cloud
9. Serverless Architecture Market Segmentation, by Application
9.1 Real-time File
9.2 Stream Processing
9.3 Web Application Development
9.4 IoT Backend
9.5 Others
10. Serverless Architecture Market Segmentation, by Enterprise Size
10.1 Large Enterprise
10.2 Small and Medium Size Enterprise
11.Serverless Architecture Market Segmentation, by Industry Vertical
11.1 IT
11.2 Telecom
11.3 Healthcare
11.4 Utilities
11.5 BFSI
11.6 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Serverless Architecture Market by Country
12.2.2 North America Serverless Architecture Market by Deployment
12.2.3 North America Serverless Architecture Market by Application
12.2.4 North America Serverless Architecture Market by Enterprise Size
12.2.5 North America Serverless Architecture Market by Industry Vertical
12.2.6 USA
12.2.6.1 USA Serverless Architecture Market by Deployment
12.2.6.2 USA Serverless Architecture Market by Application
12.2.6.3 USA Serverless Architecture Market by Enterprise Size
12.2.6.4 USA Serverless Architecture Market by Industry Vertical
12.2.7 Canada
12.2.7.1 Canada Serverless Architecture Market by Deployment
12.2.7.2 Canada Serverless Architecture Market by Application
12.2.7.3 Canada Serverless Architecture Market by Enterprise Size
12.2.7.4 Canada Serverless Architecture Market by Industry Vertical
12.2.8 Mexico
12.2.8.1 Mexico Serverless Architecture Market by Deployment
12.2.8.2 Mexico Serverless Architecture Market by Application
12.2.8.3 Mexico Serverless Architecture Market by Enterprise Size
12.2.8.4 Mexico Serverless Architecture Market by Industry Vertical
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Serverless Architecture Market by Country
12.3.1.2 Eastern Europe Serverless Architecture Market by Deployment
12.3.1.3 Eastern Europe Serverless Architecture Market by Application
12.3.1.4 Eastern Europe Serverless Architecture Market by Enterprise Size
12.3.1.5 Eastern Europe Serverless Architecture Market by Industry Vertical
12.3.1.6 Poland
12.3.1.6.1 Poland Serverless Architecture Market by Deployment
12.3.1.6.2 Poland Serverless Architecture Market by Application
12.3.1.6.3 Poland Serverless Architecture Market by Enterprise Size
12.3.1.6.4 Poland Serverless Architecture Market by Industry Vertical
12.3.1.7 Romania
12.3.1.7.1 Romania Serverless Architecture Market by Deployment
12.3.1.7.2 Romania Serverless Architecture Market by Application
12.3.1.7.3 Romania Serverless Architecture Market by Enterprise Size
12.3.1.7.4 Romania Serverless Architecture Market by Industry Vertical
12.3.1.8 Hungary
12.3.1.8.1 Hungary Serverless Architecture Market by Deployment
12.3.1.8.2 Hungary Serverless Architecture Market by Application
12.3.1.8.3 Hungary Serverless Architecture Market by Enterprise Size
12.3.1.8.4 Hungary Serverless Architecture Market by Industry Vertical
12.3.1.9 Turkey
12.3.1.9.1 Turkey Serverless Architecture Market by Deployment
12.3.1.9.2 Turkey Serverless Architecture Market by Application
12.3.1.9.3 Turkey Serverless Architecture Market by Enterprise Size
12.3.1.9.4 Turkey Serverless Architecture Market by Industry Vertical
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Serverless Architecture Market by Deployment
12.3.1.10.2 Rest of Eastern Europe Serverless Architecture Market by Application
12.3.1.10.3 Rest of Eastern Europe Serverless Architecture Market by Enterprise Size
12.3.1.10.4 Rest of Eastern Europe Serverless Architecture Market by Industry Vertical
12.3.2 Western Europe
12.3.2.1 Western Europe Serverless Architecture Market by Country
12.3.2.2 Western Europe Serverless Architecture Market by Deployment
12.3.2.3 Western Europe Serverless Architecture Market by Application
12.3.2.4 Western Europe Serverless Architecture Market by Enterprise Size
12.3.2.5 Western Europe Serverless Architecture Market by Industry Vertical
12.3.2.6 Germany
12.3.2.6.1 Germany Serverless Architecture Market by Deployment
12.3.2.6.2 Germany Serverless Architecture Market by Application
12.3.2.6.3 Germany Serverless Architecture Market by Enterprise Size
12.3.2.6.4 Germany Serverless Architecture Market by Industry Vertical
12.3.2.7 France
12.3.2.7.1 France Serverless Architecture Market by Deployment
12.3.2.7.2 France Serverless Architecture Market by Application
12.3.2.7.3 France Serverless Architecture Market by Enterprise Size
12.3.2.7.4 France Serverless Architecture Market by Industry Vertical
12.3.2.8 UK
12.3.2.8.1 UK Serverless Architecture Market by Deployment
12.3.2.8.2 UK Serverless Architecture Market by Application
12.3.2.8.3 UK Serverless Architecture Market by Enterprise Size
12.3.2.8.4 UK Serverless Architecture Market by Industry Vertical
12.3.2.9 Italy
12.3.2.9.1 Italy Serverless Architecture Market by Deployment
12.3.2.9.2 Italy Serverless Architecture Market by Application
12.3.2.9.3 Italy Serverless Architecture Market by Enterprise Size
12.3.2.9.4 Italy Serverless Architecture Market by Industry Vertical
12.3.2.10 Spain
12.3.2.10.1 Spain Serverless Architecture Market by Deployment
12.3.2.10.2 Spain Serverless Architecture Market by Application
12.3.2.10.3 Spain Serverless Architecture Market by Enterprise Size
12.3.2.10.4 Spain Serverless Architecture Market by Industry Vertical
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Serverless Architecture Market by Deployment
12.3.2.11.2 Netherlands Serverless Architecture Market by Application
12.3.2.11.3 Netherlands Serverless Architecture Market by Enterprise Size
12.3.2.11.4 Netherlands Serverless Architecture Market by Industry Vertical
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Serverless Architecture Market by Deployment
12.3.2.12.2 Switzerland Serverless Architecture Market by Application
12.3.2.12.3 Switzerland Serverless Architecture Market by Enterprise Size
12.3.2.12.4 Switzerland Serverless Architecture Market by Industry Vertical
12.3.2.13 Austria
12.3.2.13.1 Austria Serverless Architecture Market by Deployment
12.3.2.13.2 Austria Serverless Architecture Market by Application
12.3.2.13.3 Austria Serverless Architecture Market by Enterprise Size
12.3.2.13.4 Austria Serverless Architecture Market by Industry Vertical
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Serverless Architecture Market by Deployment
12.3.2.14.2 Rest of Western Europe Serverless Architecture Market by Application
12.3.2.14.3 Rest of Western Europe Serverless Architecture Market by Enterprise Size
12.3.2.14.4 Rest of Western Europe Serverless Architecture Market by Industry Vertical
12.4 Asia-Pacific
12.4.1 Asia Pacific Serverless Architecture Market by Country
12.4.2 Asia Pacific Serverless Architecture Market by Deployment
12.4.3 Asia Pacific Serverless Architecture Market by Application
12.4.4 Asia Pacific Serverless Architecture Market by Enterprise Size
12.4.5 Asia Pacific Serverless Architecture Market by Industry Vertical
12.4.6 China
12.4.6.1 China Serverless Architecture Market by Deployment
12.4.6.2 China Serverless Architecture Market by Application
12.4.6.3 China Serverless Architecture Market by Enterprise Size
12.4.6.4 China Serverless Architecture Market by Industry Vertical
12.4.7 India
12.4.7.1 India Serverless Architecture Market by Deployment
12.4.7.2 India Serverless Architecture Market by Application
12.4.7.3 India Serverless Architecture Market by Enterprise Size
12.4.7.4 India Serverless Architecture Market by Industry Vertical
12.4.8 Japan
12.4.8.1 Japan Serverless Architecture Market by Deployment
12.4.8.2 Japan Serverless Architecture Market by Application
12.4.8.3 Japan Serverless Architecture Market by Enterprise Size
12.4.8.4 Japan Serverless Architecture Market by Industry Vertical
12.4.9 South Korea
12.4.9.1 South Korea Serverless Architecture Market by Deployment
12.4.9.2 South Korea Serverless Architecture Market by Application
12.4.9.3 South Korea Serverless Architecture Market by Enterprise Size
12.4.9.4 South Korea Serverless Architecture Market by Industry Vertical
12.4.10 Vietnam
12.4.10.1 Vietnam Serverless Architecture Market by Deployment
12.4.10.2 Vietnam Serverless Architecture Market by Application
12.4.10.3 Vietnam Serverless Architecture Market by Enterprise Size
12.4.10.4 Vietnam Serverless Architecture Market by Industry Vertical
12.4.11 Singapore
12.4.11.1 Singapore Serverless Architecture Market by Deployment
12.4.11.2 Singapore Serverless Architecture Market by Application
12.4.11.3 Singapore Serverless Architecture Market by Enterprise Size
12.4.11.4 Singapore Serverless Architecture Market by Industry Vertical
12.4.12 Australia
12.4.12.1 Australia Serverless Architecture Market by Deployment
12.4.12.2 Australia Serverless Architecture Market by Application
12.4.12.3 Australia Serverless Architecture Market by Enterprise Size
12.4.12.4 Australia Serverless Architecture Market by Industry Vertical
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Serverless Architecture Market by Deployment
12.4.13.2 Rest of Asia-Pacific APAC Serverless Architecture Market by Application
12.4.13.3 Rest of Asia-Pacific Serverless Architecture Market by Enterprise Size
12.4.13.4 Rest of Asia-Pacific Serverless Architecture Market by Industry Vertical
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Serverless Architecture Market by Country
12.5.1.2 Middle East Serverless Architecture Market by Deployment
12.5.1.3 Middle East Serverless Architecture Market by Application
12.5.1.4 Middle East Serverless Architecture Market by Enterprise Size
12.5.1.5 Middle East Serverless Architecture Market by Industry Vertical
12.5.1.6 UAE
12.5.1.6.1 UAE Serverless Architecture Market by Deployment
12.5.1.6.2 UAE Serverless Architecture Market by Application
12.5.1.6.3 UAE Serverless Architecture Market by Enterprise Size
12.5.1.6.4 UAE Serverless Architecture Market by Industry Vertical
12.5.1.7 Egypt
12.5.1.7.1 Egypt Serverless Architecture Market by Deployment
12.5.1.7.2 Egypt Serverless Architecture Market by Application
12.5.1.7.3 Egypt Serverless Architecture Market by Enterprise Size
12.5.1.7.4 Egypt Serverless Architecture Market by Industry Vertical
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Serverless Architecture Market by Deployment
12.5.1.8.2 Saudi Arabia Serverless Architecture Market by Application
12.5.1.8.3 Saudi Arabia Serverless Architecture Market by Enterprise Size
12.5.1.8.4 Saudi Arabia Serverless Architecture Market by Industry Vertical
12.5.1.9 Qatar
12.5.1.9.1 Qatar Serverless Architecture Market by Deployment
12.5.1.9.2 Qatar Serverless Architecture Market by Application
12.5.1.9.3 Qatar Serverless Architecture Market by Enterprise Size
12.5.1.9.4 Qatar Serverless Architecture Market by Industry Vertical
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Serverless Architecture Market by Deployment
12.5.1.10.2 Rest of Middle East Serverless Architecture Market by Application
12.5.1.10.3 Rest of Middle East Serverless Architecture Market by Enterprise Size
12.5.1.10.4 Rest of Middle East Serverless Architecture Market by Industry Vertical
12.5.2. Africa
12.5.2.1 Africa Serverless Architecture Market by Country
12.5.2.2 Africa Serverless Architecture Market by Deployment
12.5.2.3 Africa Serverless Architecture Market by Application
12.5.2.4 Africa Serverless Architecture Market by Enterprise Size
12.5.2.5 Africa Serverless Architecture Market by Industry Vertical
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Serverless Architecture Market by Deployment
12.5.2.6.2 Nigeria Serverless Architecture Market by Application
12.5.2.6.3 Nigeria Serverless Architecture Market by Enterprise Size
12.5.2.6.4 Nigeria Serverless Architecture Market by Industry Vertical
12.5.2.7 South Africa
12.5.2.7.1 South Africa Serverless Architecture Market by Deployment
12.5.2.7.2 South Africa Serverless Architecture Market by Application
12.5.2.7.3 South Africa Serverless Architecture Market by Enterprise Size
12.5.2.7.4 South Africa Serverless Architecture Market by Industry Vertical
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Serverless Architecture Market by Deployment
12.5.2.8.2 Rest of Africa Serverless Architecture Market by Application
12.5.2.8.3 Rest of Africa Serverless Architecture Market by Enterprise Size
12.5.2.8.4 Rest of Africa Serverless Architecture Market by Industry Vertical
12.6. Latin America
12.6.1 Latin America Serverless Architecture Market by Country
12.6.2 Latin America Serverless Architecture Market by Deployment
12.6.3 Latin America Serverless Architecture Market by Application
12.6.4 Latin America Serverless Architecture Market by Enterprise Size
12.6.5 Latin America Serverless Architecture Market by Industry Vertical
12.6.6 Brazil
12.6.6.1 Brazil Serverless Architecture Market by Deployment
12.6.6.2 Brazil Africa Serverless Architecture Market by Application
12.6.6.3 Brazil Serverless Architecture Market by Enterprise Size
12.6.6.4 Brazil Serverless Architecture Market by Industry Vertical
12.6.7 Argentina
12.6.7.1 Argentina Serverless Architecture Market by Deployment
12.6.7.2 Argentina Serverless Architecture Market by Application
12.6.7.3 Argentina Serverless Architecture Market by Enterprise Size
12.6.7.4 Argentina Serverless Architecture Market by Industry Vertical
12.6.8 Colombia
12.6.8.1 Colombia Serverless Architecture Market by Deployment
12.6.8.2 Colombia Serverless Architecture Market by Application
12.6.8.3 Colombia Serverless Architecture Market by Enterprise Size
12.6.8.4 Colombia Serverless Architecture Market by Industry Vertical
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Serverless Architecture Market by Deployment
12.6.9.2 Rest of Latin America Serverless Architecture Market by Application
12.6.9.3 Rest of Latin America Serverless Architecture Market by Enterprise Size
12.6.9.4 Rest of Latin America Serverless Architecture Market by Industry Vertical
13 Company profile
13.1 Alibaba Group
13.1.1 Company Overview
13.1.2 Financials
13.1.3Product/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Amazon Web Services
13.2.1 Company Overview
13.2.2 Financials
13.2.3Product/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Google LLC
13.3.1 Company Overview
13.3.2 Financials
13.3.3Product/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 IBM Corporation
13.4.1 Company Overview
13.4.2 Financials
13.4.3Product/Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Microsoft Corporation
13.5.1 Company Overview
13.5.2 Financials
13.5.3Product/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Oracle Corporation
13.6.1 Company Overview
13.6.2 Financials
13.6.3Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Platform9 Systems, Inc.
13.7.1 Company Overview
13.7.2 Financials
13.7.3Product/Services/Offerings
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Rackspace Inc.
13.8.1 Company Overview
13.8.2 Financial
13.8.3Product/Services/Offerings
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Tibco Software
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Product/Service/Offerings
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Twilio.
13.10.1 Company Overview
13.10.2 Financials
13.10.3 Product/Service/Offerings
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Company Share Analysis
14.3 Recent Developments
14.3.1 Industry Vertical News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. USE Cases and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
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The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
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This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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