Serverless Apps Sector: Growth Drivers and Challenges
Growth Drivers
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Growing Adoption of Serverless Architecture Among Organizations
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Rising Need to Eliminate Management of Servers
Challenges
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Lack of Awareness About Serverless Resources in Underdeveloped Regions
Serverless Apps Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
23.5% |
|
Base Year Market Size (2024) |
USD 13.91 billion |
|
Forecast Year Market Size (2037) |
USD 216.27 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of serverless apps is assessed at USD 16.69 billion.
Serverless Apps Market size was over USD 13.91 billion in 2024 and is projected to reach USD 216.27 billion by 2037, growing at around 23.5% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is likely to account for largest revenue share by 2037, owing to increasing penetration of advanced technologies, and rising development of applications on a variety of industries in the region.
The major players in the market are Microsoft Corporation, Amazon Web Services, Inc., Google LLC, Alibaba Group Holding Ltd., IBM Corporation, and others.