+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Microservices Architecture Market by Component, Deployment Mode, Organization Size and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2019-2026

  • PDF Icon

    Report

  • 286 Pages
  • February 2020
  • Region: Global
  • Allied Market Research
  • ID: 5019939
Microservices architecture is an approach of developing a software system in which a large application is fragmented into smaller manageable independent services, which focuses focus on executing a task professionally and communicating via agnostic APIsuncertain language . Each module is assigned with a specific task or business goal, and uses a simple, well-defined interface, such as API to interconnect with other sets of services. It helps enterprises to make teams that focus on a smaller independent service managed by a smaller team, which empowers superior scalable systems, improved improves productivity, and faster smoothens the functioning of development cycles. The main major benefits of microservices architecture includes include improved business time by providing technology agility, and consumer transparency, and others. For instance, AWS is implementing serverless microservices architecture to speed up development cycles and support scalability which is considered as a microservices architecture market trends.

Rapid adoption of cloud-based solutions such as software as a service (SaaS) and platform as a service (PaaS) among enterprises and increase in the use of connected devices such as tablets, smartphones, and fitness trackers and others are the major factors that drive the growth of the microservices architecture market. Moreover, factors such as improvement in fault isolation and, eradication of long-term commitment on single technology, and availability of easy platform for new developers drives microservices architecture market growth. However, concerns associated with security and compliance issues while implementation of microservice architecture hampers hamper the growth of the market. On the contrary, emergence of IoT technology in microservice architecture and adoption of virtualization are anticipated to create major opportunities for the market growth.  

The global microservices architecture market is segmented into component, deployment type, organization size, industry vertical, and region. On the basis of component, the market is bifurcated into solution and services. Depending on deployment type, the market it is divided into on-premise, and cloud. By organization size, the market it is classified into large enterprises and small and & medium-sized enterprises. As per industry vertical, the market it is bifurcated into BFSI, manufacturing, retail and & ecommerce, IT and & telecom, healthcare, government, and others. Region wise, the market it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report analyzes the profiles of key players operating in the market. These include Tata Consultancy Services Limited, IBM Corporation, Microsoft Corporation, Oracle, Salesforce.com.,Datawire, MuleSoft Inc., Software AG, CA Technologies, and Syntel.

KEY BENEFITS
  • The report provides an in-depth analysis of the global microservices architecture market, outlining current trends, key driving factors, and potential areas for product investments.
  • Key players are analyzed with respect to their primary offerings, recent investments, and future development strategies.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in theMicroservices Architecture industry.
  • The quantitative analysis of the global microservices architecture market from 2018 to 2026 is provided to determine the market potential.

KEY MARKET SEGMENTS

By Component
  • Solutions
  • Services

By Deployment Mode
  • On-premise
  • Cloud

By Organization Size
  • Large Enterprises
  • Small & Medium Enterprises

By Industry Vertical
  • BFSI
  • Manufacturing
  • Retail and Ecommerce
  • IT and Telecom
  • Healthcare
  • Government
  • Others

By Region
  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

KEY MARKET PLAYERS PROFILED IN THE REPORT
  • Tata Consultancy Services Limited
  • IBM Corporation
  • Microsoft Corporation
  • Oracle
  • Salesforce.com.
  • Datawire
  • MuleSof Inc.
  • Software AG
  • CA Technologies
  • Syntel

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Key market players
1.5. Research methodology
1.5.1. Secondary research
1.5.2. Primary research
1.5.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings
2.1.1. Top impacting factors
2.1.2. Top investment pockets
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key forces shaping global microservices architecture market
3.3. Market evolution/industry roadmap
3.4. Case studies
3.4.1. Case Study 1
3.4.1. Case Study 2
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Digital transformations
3.5.1.2. Proliferation of connected devices
3.5.1.3. Increasing adoption of cloud-based solutions
3.5.2. Restraints
3.5.2.1. Security and compliance issues
3.5.3. Opportunities
3.5.3.1. Increasing adoption of virtualized infrastructure
CHAPTER 4: MICROSERVICES ARCHITECTURE MARKET, BY COMPONENT
4.1. Overview
4.2. Solution
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country
4.3. Services
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country
CHAPTER 5: MICROSERVICES ARCHITECTURE MARKET, BY DEPLOYMENT TYPE
5.1. Overview
5.2. On-premise
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country
5.3. Cloud
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country
CHAPTER 6: MICROSERVICES ARCHITECTURE MARKET, BY ORGANIZATION SIZE
6.1. Overview
6.2. Large Enterprises
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis, by country
6.3. Small and Medium-sized Enterprises
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis, by country
CHAPTER 7: MICROSERVICES ARCHITECTURE MARKET, BY INDUSTRY VERTICAL
7.1. Overview
7.2. BFSI
7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast, by region
7.2.3. Market analysis, by country
7.3. Manufacturing
7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast, by region
7.3.3. Market analysis, by country
7.4. Retail and Ecommerce
7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast, by region
7.4.3. Market analysis, by country
7.5. IT and Telecom
7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast, by region
7.5.3. Market analysis, by country
7.6. Healthcare
7.6.1. Key market trends, growth factors, and opportunities
7.6.2. Market size and forecast, by region
7.6.3. Market analysis, by country
7.7. Government
7.7.1. Key market trends, growth factors, and opportunities
7.7.2. Market size and forecast, by region
7.7.3. Market analysis, by country
7.8. Others
7.8.1. Key market trends, growth factors, and opportunities
7.8.2. Market size and forecast, by region
7.8.3. Market analysis, by country
CHAPTER 8: GLOBAL MICROSERVICES ARCHITECTURE MARKET, BY REGION
8.1. Overview
8.1.1. Market size and forecast, by region
8.2. North America
8.2.1. Key market trends, growth factors and opportunities
8.2.2. Market size and forecast, by component
8.2.3. Market size and forecast, by deployment type
8.2.4. Market size and forecast, by organization size
8.2.5. Market size and forecast, by industry vertical
8.2.6. Market analysis, by country
8.2.6.1. U.S.
8.2.6.1.1. Market size and forecast, by Component
8.2.6.1.2. Market size and forecast, by deployment type
8.2.6.1.3. Market size and forecast, by organization size
8.2.6.1.4. Market size and forecast, by industry vertical
8.2.6.2. Canada
8.2.6.2.1. Market size and forecast, by component
8.2.6.2.2. Market size and forecast, by deployment type
8.2.6.2.3. Market size and forecast, by organization size
8.2.6.2.4. Market size and forecast, by industry vertical
8.3. Europe
8.3.1. Key market trends, growth factors and opportunities
8.3.2. Market size and forecast, by component
8.3.3. Market size and forecast, by deployment type
8.3.4. Market size and forecast, by organization size
8.3.5. Market size and forecast, by industry vertical
8.3.6. Market analysis, by country
8.3.6.1. UK
8.3.6.1.1. Market size and forecast, by Component
8.3.6.1.2. Market size and forecast, by deployment type
8.3.6.1.3. Market size and forecast, by organization size
8.3.6.1.4. Market size and forecast, by industry vertical
8.3.6.2. Germany
8.3.6.2.1. Market size and forecast, by Component
8.3.6.2.2. Market size and forecast, by deployment type
8.3.6.2.3. Market size and forecast, by organization size
8.3.6.2.4. Market size and forecast, by industry vertical
8.3.6.3. France
8.3.6.3.1. Market size and forecast, by component
8.3.6.3.2. Market size and forecast, by deployment type
8.3.6.3.3. Market size and forecast, by organization size
8.3.6.3.4. Market size and forecast, by industry vertical
8.3.6.4. Italy
8.3.6.4.1. Market size and forecast, by Component
8.3.6.4.2. Market size and forecast, by deployment type
8.3.6.4.3. Market size and forecast, by organization size
8.3.6.4.4. Market size and forecast, by industry vertical
8.3.6.5. Rest of Europe
8.3.6.5.1. Market size and forecast, by component
8.3.6.5.2. Market size and forecast, by deployment type
8.3.6.5.3. Market size and forecast, by organization size
8.3.6.5.4. Market size and forecast, by industry vertical
8.4. Asia-Pacific
8.4.1. Key market trends, growth factors and opportunities
8.4.2. Market size and forecast, by component
8.4.3. Market size and forecast, by deployment type
8.4.4. Market size and forecast, by organization size
8.4.5. Market size and forecast, by industry vertical
8.4.6. Market analysis, by country
8.4.6.1. China
8.4.6.1.1. Market size and forecast, by component
8.4.6.1.2. Market size and forecast, by deployment type
8.4.6.1.3. Market size and forecast, by organization size
8.4.7. Market size and forecast, by industry vertical
8.4.7.1. India
8.4.7.1.1. Market size and forecast, by Component
8.4.7.1.2. Market size and forecast, by deployment type
8.4.7.1.3. Market size and forecast, by organization size
8.4.7.1.4. Market size and forecast, by industry vertical
8.4.7.2. Japan
8.4.7.2.1. Market size and forecast, by Component
8.4.7.2.2. Market size and forecast, by deployment type
8.4.7.2.3. Market size and forecast, by organization size
8.4.8. Market size and forecast, by industry vertical
8.4.8.1. Australia
8.4.8.1.1. Market size and forecast, by component
8.4.8.1.2. Market size and forecast, by deployment type
8.4.8.1.3. Market size and forecast, by organization size
8.4.8.1.4. Market size and forecast, by industry vertical
8.4.8.2. Rest of Asia-Pacific
8.4.8.2.1. Market size and forecast, by component
8.4.8.2.2. Market size and forecast, by deployment type
8.4.8.2.3. Market size and forecast, by organization size
8.4.9. Market size and forecast, by industry vertical
8.5. LAMEA
8.5.1. Key market trends, growth factors and opportunities
8.5.2. Market size and forecast, by component
8.5.3. Market size and forecast, by deployment type
8.5.4. Market size and forecast, by organization size
8.5.5. Market size and forecast, by industry vertical
8.5.6. Market analysis, by Country
8.5.6.1. Latin America
8.5.6.1.1. Market size and forecast, by component
8.5.6.1.2. Market size and forecast, by deployment type
8.5.6.1.3. Market size and forecast, by organization size
8.5.6.1.4. Market size and forecast, by industry vertical
8.5.6.2. Middle East
8.5.6.2.1. Market size and forecast, by Component
8.5.6.2.2. Market size and forecast, by deployment type
8.5.6.2.3. Market size and forecast, by organization size
8.5.6.2.4. Market size and forecast, by industry vertical
8.5.6.3. Africa
8.5.6.3.1. Market size and forecast, by component
8.5.6.3.2. Market size and forecast, by deployment type
8.5.6.3.3. Market size and forecast, by organization size
8.5.6.3.4. Market size and forecast, by industry vertical
CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Key Player Positioning
9.2. Top winning strategies
9.3. Competitive dashboard
9.4. Key developments
9.4.1. Partnership
9.4.2. Acquisition
9.4.3. Collaboration
CHAPTER 10: COMPANY PROFILE
10.1. CA TECHNOLOGIES
10.1.1. Company overview
10.1.2. Key executives
10.1.3. Company snapshot
10.1.4. Product portfolio
10.1.5. Business performance
10.1.6. Key strategic moves and developments
10.2. IBM CORPORATION
10.2.1. Company overview
10.2.2. Key Executives
10.2.3. Company snapshot
10.2.4. Operating business segments
10.2.5. Product portfolio
10.2.6. R&D Expenditure
10.2.7. Business performance
10.2.8. Key strategic moves and developments
10.3. MICROSOFT CORPORATION
10.3.1. Company overview
10.3.2. Key executives
10.3.3. Company snapshot
10.3.4. Operating business segments
10.3.5. Product portfolio
10.3.6. R&D expenditure
10.3.7. Business performance
10.3.8. Key strategic moves and developments
10.4. Oracle Corporation
10.4.1. Company overview
10.4.2. Key executives
10.4.3. Company snapshot
10.4.4. Operating business segments
10.4.5. Product portfolio
10.4.6. R&D expenditure
10.4.7. Business performance
10.4.8. Key strategic moves and developments
10.5. Tata Consultancy Services Limited
10.5.1. Company overview
10.5.2. Key Executives
10.5.3. Company snapshot
10.5.4. Product portfolio
10.5.5. R&D Expenditure
10.5.6. Business performance
10.5.7. Key strategic moves and developments
10.6. Cognizant
10.6.1. Company overview
10.6.2. Key Executives
10.6.3. Company snapshot
10.6.4. Operating business segments
10.6.5. Product portfolio
10.6.6. Business performance
10.7. Infosys Limited
10.7.1. Company overview
10.7.2. Key Executives
10.7.3. Company snapshot
10.7.4. Product portfolio
10.7.5. R&D expenditure
10.7.6. Business performance
10.7.7. Key strategic moves and developments
10.8. Datawire
10.8.1. Company overview
10.8.2. Key Executives
10.8.3. Company snapshot
10.8.4. Product portfolio
10.8.5. Key strategic moves and developments
10.9. Software AG
10.9.1. Company overview
10.9.2. Key Executives
10.9.3. Company snapshot
10.9.4. Product portfolio
10.9.5. Business performance
10.9.6. Key strategic moves and developments
10.10. Salesforce.com, Inc.
10.10.1. Company overview
10.10.2. Key Executives
10.10.3. Company snapshot
10.10.4. Product portfolio
10.10.5. R&D Expenditure
10.10.6. Business performance
10.10.7. Key strategic moves and developments

Executive Summary

According to the report titled, 'Microservices Architecture Market by Component, Deployment type, Organization Size, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018-2026,' the global microservices architecture market was valued at $2,073.00 million in 2018, and is projected to reach $ 8,073.00 million by 2026, registering a CAGR of 18.6% from 2019 to 2026.

Rapid adoption of cloud-based solutions such as software as a service (SaaS) and platform as a service (PaaS) among enterprises and increase in the use of connected devices such as tablets, smartphones, fitness trackers and others are driving the market growth for microservices architecture industry. Moreover, factors such as improvement in fault isolation, eradication of long-term commitment on single technology and easy platform for new developers drives microservices architecture market growth. However, security and compliance issues while implementation of microservice architecture hampers the growth of the market. Furthermore, emergence of IoT technology in microservice architecture and adoption of virtualization are anticipated to create major opportunities for the market.

By component, the solutions segment garnered major microservices architecture market share in 2018 and is expected to remain dominant during the forecast period. The growth of this segment is mainly attributed to wideadoption of MSA across various industry verticals for the development of the software which includes public safety, public works, and utility companies. In addition to this, rise in the adoption of the cloud-based SaaS providers in the enterprise business functionality has fueled the need to integrate the multiple application providers and services to support the enterprise. However, the services segment is expected to witness highest growth rate in the upcoming years.

Based on deployment type, the on-premise segment dominated the global microservices architecture market share in 2018 and is expected to generate highest revenue during the forecast periodas number of organizations in regulated industries have no option and they had to choose an on-premise model because of the need to tightly control data and document processes. However, the cloud segment is expected to witness highest growth rate in the upcoming years. The growth of this segment is mainly attributed to the adoption of hybrid cloud across various end-user industries which is driving the cloud microservice architecture market, as number of enterprises are in different stages of cloud adoption. The hybrid cloud provides them maximum flexibility to explore new products and business models.

By organization size, large enterprises dominated the global microservices architecture market in 2018 and is expected to remain dominant during the forecast period. As number of large organizations such as Amazon and Netflix are adopting microservices architecture to enable hyperscale and continuous deliver complex applications. Rather than going to the traditional approaches, number of large enterprises are adopting DevOps and agile practices to deliver applications quickly and to deploy them with lower failure rate which fuels the growth of the microservices architecture market.

In terms of industry vertical, the BFSIsegment is expected to witness high adoption of microservices architecture solutions and services. The dominance of this industry is attributed to an increase in the customer data and financial information which need to be protected and stored. Further, the adoption of cloud microservices architecture infrastructure has increased mainly due to the increasing financial services, IT automation, and reforms in economy and banking services worldwide. Also, it microservices architecture helps BFSI organizations in improving the application development process, streamlining business operations, and enhancing customer experience which again fuels the growth of this segment. However, the healthcare segment is expected to witness highest growth rate in the upcoming years.

According to Rachita Rake, Research Analyst “Asia-Pacific is projected to register the highest growth rate during the forecast period, owing to increase in adoption of microservices architecture in telecom applications , development of data centers, and surge in penetration rate of connected devices. Moreover, counties such as China, India, and Japan are expected to grow at a high rate, owing to increase in adoption of microservices architecture in e-commerce and rise in penetration of connected devices.”

KEY FINDINGS OF THE STUDY
  • Depending on component, the solutions segment dominated the global micro services architecture market in 2018, and is expected to generate highest revenue during the forecast period.
  • By deployment type, the on-premise segment dominated the market in 2018, and is expected to generate highest revenue during the forecast period. However, the cloud segment is expected to witness highest growth rate in the upcoming years.
  • On the basis of organization size, the large organizations segment dominated the global micro services architecture market in 2018, and is expected to remain dominant throughout the forecast period.
  • In terms of industry vertical, the BFSIsegment dominated the global microservices architecture market in 2018, and is expected to generate highest revenue during the forecast period.

Some of the key microservices architecture industry players profiled in the report include Tata Consultancy Services Limited, IBM Corporation, Microsoft Corporation, Oracle, Salesforce.com., Datawire, MuleSoft Inc., Software AG, CA Technologies, and Syntel.

Companies Mentioned

  • Tata Consultancy Services Limited
  • IBM Corporation
  • Microsoft Corporation
  • Oracle
  • Salesforce.com.
  • Datawire
  • MuleSoft Inc.
  • Software AG
  • CA Technologies
  • Syntel.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

Loading
LOADING...