Serverless Architecture Market Share

North American Market Forecast

The serverless architecture market in North America, amongst the market in all the other regions, is projected to have the highest growth, backed by availability of advanced cloud infrastructure, along with growing deployment of cloud by small businesses. Approximately 43% of conventional small firms use cloud hosting or infrastructure. This contrasts with about 73% of corporations and approximately 65% of small tech companies in US. Major cloud service providers with a significant presence in North America, such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform, give businesses access to a variety of serverless services and resources. As a result of this, implementing serverless architecture and reaping its benefits has become simpler for businesses in North America. Moreover, the high emphasis on innovation and technology is another element boosting the market in the region. Many businesses in North America are at the cutting edge of innovation and are constantly looking for ways to enhance their processes and beat out the competition. A flexible and scalable way to create and deploy applications, serverless architecture is a desirable alternative for businesses wishing to update their IT infrastructure. Therefore, all these factors are anticipated to expand the growth of the market in the region.

APAC Market Statistics

The Asia Pacific serverless architecture market is estimated to be the second largest, to have the highest growth. In recent years, there has been a noticeable surge in the popularity of the cloud throughout the region, with many organizations moving their IT infrastructure there. Given the need to build and deploy applications fast and effectively, serverless architecture has experienced a significant increase in demand. Moreover, large and diverse companies as well as small and medium-sized firms make up the consumer base in the Asia Pacific region. In a variety of sectors, including manufacturing, retail, healthcare, and more, this results in a significant need for serverless architecture.

Europe Market Forecast

Additionally, the serverless architecture market in Europe region is also estimated to have significant growth over the forecast period. European businesses are paying more attention to data security and privacy, and serverless architecture may assist them comply. Additionally, the market is growing in Europe owing to the legal climate there. The region has recently implemented more stringent data privacy laws, which has increased demand for cloud services that could assist businesses in meeting these standards. Moreover, the availability of a competent workforce is another element boosting the serverless architecture industry in Europe. The technical workforce in Europe is sizable and highly educated, making it well-suited to assist the creation and application of serverless architectures.