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Function as a Service (FaaS) Market - Forecasts from 2019 to 2024

  • ID: 4801794
  • Report
  • May 2019
  • Region: Global
  • 106 pages
  • Knowledge Sourcing Intelligence LLP

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FEATURED COMPANIES

  • Amazon Web Services
  • Google
  • IBM
  • List is not exhaustive*
  • Microsoft
  • MORE
The Function as a Service (FaaS) market is projected to grow at a CAGR of 18.37% during the forecast period. The growth of the function as a service (FaaS) market is majorly attributed to the increasing focus of enterprises towards agility of infrastructure and cost reduction. As these remain the key focal points for many enterprises, the popularity of serverless computing has been increasing significantly over the past few years. Companies are shifting from legacy DevOps trend to serverless computing on account of significantly high ease of deployment and management associated with it besides huge cost savings which come with it. This increasing shift towards serverless computing is driving with it the demand for Function as a Service, thus boosting the growth of the market. However, challenges associated with the running of various applications in a cloud environment, owing to incompatibility of such applications with various cloud environments, is limiting the growth of this market to some extent.

Drivers

Growing shift towards serverless computing
Increasing focus towards agility of infrastructure and cost reduction

Restraints

Incompatibility of some applications with cloud environment

Industry Update

Recently Pivotal has launched ‘Pivotal Function Service’ which is a multi-cloud function service.

The major players profiled in the Function as a Service (FaaS) market include IBM, Amazon Web Services, Google, and Microsoft.

Segmentation

The Function as a Service (FaaS) Market has been analyzed through the following segments:

By Deployment Model

Public
Private
Hybrid

By Enterprise Size

Small
Medium
Large

By End-User Industry

BFSI
Communication and Technology
Retail
Media and Entertainment
Others

By Geography

North America
USA
Canada
Mexico

South America
Brazil
Argentina
Others

Europe
United Kingdom
Germany
France
Spain
Others

Middle East and Africa
Saudi Arabia
Israel
Others

Asia Pacific
China
Japan
Australia
India
Others
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Amazon Web Services
  • Google
  • IBM
  • List is not exhaustive*
  • Microsoft
  • MORE
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources

3. KEY FINDINGS

4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter's Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. FUNCTION AS A SERVICE (FAAS) MARKET BY DEPLOYMENT MODEL
5.1. Public
5.2. Private
5.3. Hybrid

6. FUNCTION AS A SERVICE (FAAS) MARKET BY ENTERPRISE SIZE
6.1. Small
6.2. Medium
6.3. Large

7. FUNCTION AS A SERVICE (FAAS) MARKET BY END-USER INDUSTRY
7.1. BFSI
7.2. Communication and Technology
7.3. Retail
7.4. Media and Entertainment
7.5. Others

8. FUNCTION AS A SERVICE (FAAS) MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. United Kingdom
8.3.2. Germany
8.3.3. France
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. Israel
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. Australia
8.5.4. India
8.5.5. Others

9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments and Deals
9.3. Strategies of Key Players

10. COMPANY PROFILES
10.1. IBM
10.2. Amazon Web Services
10.3. Google
10.4. Microsoft
List is not exhaustive*
Note: Product cover images may vary from those shown
  • IBM
  • Amazon Web Services
  • Google
  • Microsoft
  • List is not exhaustive*
Note: Product cover images may vary from those shown
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