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Function-as-a-Service Market - Global Forecast 2026-2032- Product Image
Function-as-a-Service Market - Global Forecast 2026-2032- Product Image
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Function-as-a-Service Market - Global Forecast 2026-2032

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    Report

  • 187 Pages
  • January 2026
  • Region: Global
  • 360iResearch™
  • ID: 5470908
1h Free Analyst Time
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The Function-as-a-Service (FaaS) market is reshaping how enterprises deliver, manage, and secure cloud-native applications. By providing a flexible framework for streamlined operations and rapid innovation, FaaS is becoming integral to supporting digital transformation and operational scalability in modern organizations.

Market Snapshot: Function-as-a-Service Market

The global Function-as-a-Service market is entering a significant growth phase, with expansion from USD 11.91 billion in 2025 to USD 13.67 billion in 2026 and further projected to reach USD 30.44 billion by 2032 at a 14.33% CAGR.

This upward trajectory is fueled by sustained enterprise investments in serverless computing, as stakeholders seek improved flexibility, scalability, and resource optimization. Organizations are increasingly embedding FaaS into broader cloud strategies to harmonize workload management, achieve agile digital transformation, and better address a spectrum of global business challenges.

Scope & Segmentation

  • Offering Features: Evaluation focuses on capabilities like automatic scaling, embedded security mechanisms, policy-driven governance, real-time event processing, granular micro-billing, and robust support across hybrid or multi-cloud ecosystems.
  • End-User Profiles: Large enterprises emphasize compliance and seamless integration, while smaller businesses prioritize fast deployment, predictable budget planning, and operational simplicity in adopting FaaS solutions.
  • Deployment Topologies: Public cloud, private cloud, and hybrid deployment each present distinct trade-offs with respect to operational control, latency optimization, orchestration demands, and adherence to regulatory expectations.
  • Application Archetypes: Key use cases include chatbots, virtual assistants, analytics, machine learning, IoT telemetry, event-driven process automation, and dynamic web backends, each with unique technical and governance requirements.
  • Vertical Demands: Industries such as BFSI, government, healthcare, IT and telecom, and retail face specialized privacy, regulatory, and uptime imperatives, directly influencing both adoption and solution customization strategies.
  • Regional Markets: The Americas benefit from mature developer ecosystems; EMEA is shaped by stringent data governance frameworks; Asia-Pacific is driven by large-scale adoption and distinctive opportunities enabled by edge computing.

Key Takeaways

  • FaaS streamlines developer workflows by removing infrastructure complexities, supporting faster release cycles and strengthening enterprise responsiveness.
  • Observability and advanced container orchestration now allow more effective security, monitoring, and optimization for serverless deployments across distributed platforms and environments.
  • Maturity in multi-cloud and hybrid adoption has increased focus on modular packaging and improving cross-platform interoperability to ease migration and reduce dependency on single providers.
  • Security strategies are evolving to include embedded identity management, streamlined policy enforcement, and advanced secrets handling within highly regulated sectors adopting FaaS-based automation.
  • Dynamic economic models—centered on consumption-based pricing and granular billing—are prompting new governance mechanisms to optimize serverless workloads and manage operational costs proactively.
  • Edge computing is extending FaaS usage to latency-sensitive tasks, such as IoT data processing and localized analytics, with marked relevance in regions facing next-generation infrastructure challenges.

Tariff Impact on Procurement and Operations

Recent tariff changes in the United States have shaped FaaS procurement strategies by impacting the affordability and accessibility of underlying cloud hardware. Disruptions to supply chains and higher material costs are prompting organizations to favor managed FaaS services and diversify sourcing. These shifts highlight the value of software-centric efficiency tactics, including function consolidation and off-peak workload scheduling. Enterprises deploying private or edge cloud solutions need robust contingency measures to offset longer hardware lead times and potential import-driven cost pressures, ensuring sustained operational resilience.

Methodology & Data Sources

This analysis applies a mixed-methods approach, combining interviews with engineering, procurement, and security professionals with validation workshops on governance and migration strategies. Supplementary information was gathered from supplier data, standards bodies, and industry-specific case studies. Triangulation of sources and scenario validation underpin all findings and strategic guidance contained in the report.

Why This Report Matters

  • Supports executives in aligning FaaS adoption with evolving requirements for security, governance, and operational agility within contemporary cloud environments.
  • Delivers actionable segmentation insights across offerings, deployment models, and regions—allowing organizations to tailor serverless investments and architectures to sector-specific priorities.
  • Provides clarity on managing tariff-driven procurement risks and implementing strategies for resilient, scalable FaaS deployment at enterprise scale.

Conclusion

Function-as-a-Service is positioned as a foundational tool for secure, efficient, and scalable cloud-native application delivery. For sustained impact, leadership must integrate advanced governance, adaptable procurement practices, and segment-focused deployment planning into their broader digital strategy.

 

Additional Product Information:

  • Purchase of this report includes 1 year online access with quarterly updates.
  • This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Definition
1.3. Market Segmentation & Coverage
1.4. Years Considered for the Study
1.5. Currency Considered for the Study
1.6. Language Considered for the Study
1.7. Key Stakeholders
2. Research Methodology
2.1. Introduction
2.2. Research Design
2.2.1. Primary Research
2.2.2. Secondary Research
2.3. Research Framework
2.3.1. Qualitative Analysis
2.3.2. Quantitative Analysis
2.4. Market Size Estimation
2.4.1. Top-Down Approach
2.4.2. Bottom-Up Approach
2.5. Data Triangulation
2.6. Research Outcomes
2.7. Research Assumptions
2.8. Research Limitations
3. Executive Summary
3.1. Introduction
3.2. CXO Perspective
3.3. Market Size & Growth Trends
3.4. Market Share Analysis, 2025
3.5. FPNV Positioning Matrix, 2025
3.6. New Revenue Opportunities
3.7. Next-Generation Business Models
3.8. Industry Roadmap
4. Market Overview
4.1. Introduction
4.2. Industry Ecosystem & Value Chain Analysis
4.2.1. Supply-Side Analysis
4.2.2. Demand-Side Analysis
4.2.3. Stakeholder Analysis
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Market Outlook
4.5.1. Near-Term Market Outlook (0-2 Years)
4.5.2. Medium-Term Market Outlook (3-5 Years)
4.5.3. Long-Term Market Outlook (5-10 Years)
4.6. Go-to-Market Strategy
5. Market Insights
5.1. Consumer Insights & End-User Perspective
5.2. Consumer Experience Benchmarking
5.3. Opportunity Mapping
5.4. Distribution Channel Analysis
5.5. Pricing Trend Analysis
5.6. Regulatory Compliance & Standards Framework
5.7. ESG & Sustainability Analysis
5.8. Disruption & Risk Scenarios
5.9. Return on Investment & Cost-Benefit Analysis
6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025
8. Function-as-a-Service Market, by Offering
8.1. Automatic Scaling
8.2. Built-in Security and Access Control
8.3. Event-Driven Execution
8.4. Micro-Billing
9. Function-as-a-Service Market, by End User
9.1. Large Enterprises
9.2. Small & Medium Enterprises
10. Function-as-a-Service Market, by Deployment
10.1. Hybrid Cloud
10.2. Private Cloud
10.3. Public Cloud
11. Function-as-a-Service Market, by Application Type
11.1. Chatbots & Virtual Assistants
11.2. Data Analytics & Machine Learning
11.3. IoT & Event Processing
11.4. Web Applications
12. Function-as-a-Service Market, by Vertical
12.1. BFSI
12.2. Government & Public Sector
12.3. Healthcare & Life Sciences
12.4. IT & Telecom
12.5. Retail & E-commerce
13. Function-as-a-Service Market, by Region
13.1. Americas
13.1.1. North America
13.1.2. Latin America
13.2. Europe, Middle East & Africa
13.2.1. Europe
13.2.2. Middle East
13.2.3. Africa
13.3. Asia-Pacific
14. Function-as-a-Service Market, by Group
14.1. ASEAN
14.2. GCC
14.3. European Union
14.4. BRICS
14.5. G7
14.6. NATO
15. Function-as-a-Service Market, by Country
15.1. United States
15.2. Canada
15.3. Mexico
15.4. Brazil
15.5. United Kingdom
15.6. Germany
15.7. France
15.8. Russia
15.9. Italy
15.10. Spain
15.11. China
15.12. India
15.13. Japan
15.14. Australia
15.15. South Korea
16. United States Function-as-a-Service Market
17. China Function-as-a-Service Market
18. Competitive Landscape
18.1. Market Concentration Analysis, 2025
18.1.1. Concentration Ratio (CR)
18.1.2. Herfindahl Hirschman Index (HHI)
18.2. Recent Developments & Impact Analysis, 2025
18.3. Product Portfolio Analysis, 2025
18.4. Benchmarking Analysis, 2025
18.5. Alibaba Cloud Computing Ltd.
18.6. Amazon Web Services, Inc.
18.7. Cloudflare, Inc.
18.8. Cloudflare, Inc.
18.9. DigitalOcean, LLC
18.10. EdgeImpulse, Inc.
18.11. F5, Inc.
18.12. Google LLC
18.13. Huawei Technologies Co., Ltd.
18.14. International Business Machines Corporation
18.15. Iron.io, Inc.
18.16. Microsoft Corporation
18.17. Netlify, Inc.
18.18. Nutanix, Inc.
18.19. OpenFaaS Ltd
18.20. Oracle Corporation
18.21. Platform9 Systems, Inc.
18.22. Salesforce, Inc.
18.23. StackPath, LLC
18.24. Tencent Cloud Computing (Beijing) Co., Ltd.
18.25. TriggerMesh, Inc.
18.26. Twilio Inc.
18.27. Vercel Inc.
18.28. VMware, Inc.
List of Figures
FIGURE 1. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 2. GLOBAL FUNCTION-AS-A-SERVICE MARKET SHARE, BY KEY PLAYER, 2025
FIGURE 3. GLOBAL FUNCTION-AS-A-SERVICE MARKET, FPNV POSITIONING MATRIX, 2025
FIGURE 4. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY OFFERING, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 5. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY END USER, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 6. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 7. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 8. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY VERTICAL, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 9. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 10. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY GROUP, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 11. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY COUNTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 12. UNITED STATES FUNCTION-AS-A-SERVICE MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 13. CHINA FUNCTION-AS-A-SERVICE MARKET SIZE, 2018-2032 (USD MILLION)
List of Tables
TABLE 1. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 2. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY OFFERING, 2018-2032 (USD MILLION)
TABLE 3. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY AUTOMATIC SCALING, BY REGION, 2018-2032 (USD MILLION)
TABLE 4. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY AUTOMATIC SCALING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 5. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY AUTOMATIC SCALING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 6. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY BUILT-IN SECURITY AND ACCESS CONTROL, BY REGION, 2018-2032 (USD MILLION)
TABLE 7. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY BUILT-IN SECURITY AND ACCESS CONTROL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 8. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY BUILT-IN SECURITY AND ACCESS CONTROL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 9. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY EVENT-DRIVEN EXECUTION, BY REGION, 2018-2032 (USD MILLION)
TABLE 10. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY EVENT-DRIVEN EXECUTION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 11. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY EVENT-DRIVEN EXECUTION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 12. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY MICRO-BILLING, BY REGION, 2018-2032 (USD MILLION)
TABLE 13. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY MICRO-BILLING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 14. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY MICRO-BILLING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 15. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 16. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY LARGE ENTERPRISES, BY REGION, 2018-2032 (USD MILLION)
TABLE 17. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY LARGE ENTERPRISES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 18. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY LARGE ENTERPRISES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 19. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY SMALL & MEDIUM ENTERPRISES, BY REGION, 2018-2032 (USD MILLION)
TABLE 20. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY SMALL & MEDIUM ENTERPRISES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 21. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY SMALL & MEDIUM ENTERPRISES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 22. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 23. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY HYBRID CLOUD, BY REGION, 2018-2032 (USD MILLION)
TABLE 24. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY HYBRID CLOUD, BY GROUP, 2018-2032 (USD MILLION)
TABLE 25. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY HYBRID CLOUD, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 26. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY PRIVATE CLOUD, BY REGION, 2018-2032 (USD MILLION)
TABLE 27. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY PRIVATE CLOUD, BY GROUP, 2018-2032 (USD MILLION)
TABLE 28. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY PRIVATE CLOUD, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 29. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY PUBLIC CLOUD, BY REGION, 2018-2032 (USD MILLION)
TABLE 30. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY PUBLIC CLOUD, BY GROUP, 2018-2032 (USD MILLION)
TABLE 31. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY PUBLIC CLOUD, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 32. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION TYPE, 2018-2032 (USD MILLION)
TABLE 33. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY CHATBOTS & VIRTUAL ASSISTANTS, BY REGION, 2018-2032 (USD MILLION)
TABLE 34. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY CHATBOTS & VIRTUAL ASSISTANTS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 35. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY CHATBOTS & VIRTUAL ASSISTANTS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 36. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY DATA ANALYTICS & MACHINE LEARNING, BY REGION, 2018-2032 (USD MILLION)
TABLE 37. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY DATA ANALYTICS & MACHINE LEARNING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 38. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY DATA ANALYTICS & MACHINE LEARNING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 39. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY IOT & EVENT PROCESSING, BY REGION, 2018-2032 (USD MILLION)
TABLE 40. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY IOT & EVENT PROCESSING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 41. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY IOT & EVENT PROCESSING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 42. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY WEB APPLICATIONS, BY REGION, 2018-2032 (USD MILLION)
TABLE 43. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY WEB APPLICATIONS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 44. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY WEB APPLICATIONS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 45. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY VERTICAL, 2018-2032 (USD MILLION)
TABLE 46. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY BFSI, BY REGION, 2018-2032 (USD MILLION)
TABLE 47. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY BFSI, BY GROUP, 2018-2032 (USD MILLION)
TABLE 48. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY BFSI, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 49. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY GOVERNMENT & PUBLIC SECTOR, BY REGION, 2018-2032 (USD MILLION)
TABLE 50. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY GOVERNMENT & PUBLIC SECTOR, BY GROUP, 2018-2032 (USD MILLION)
TABLE 51. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY GOVERNMENT & PUBLIC SECTOR, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 52. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY HEALTHCARE & LIFE SCIENCES, BY REGION, 2018-2032 (USD MILLION)
TABLE 53. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY HEALTHCARE & LIFE SCIENCES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 54. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY HEALTHCARE & LIFE SCIENCES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 55. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY IT & TELECOM, BY REGION, 2018-2032 (USD MILLION)
TABLE 56. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY IT & TELECOM, BY GROUP, 2018-2032 (USD MILLION)
TABLE 57. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY IT & TELECOM, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 58. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY RETAIL & E-COMMERCE, BY REGION, 2018-2032 (USD MILLION)
TABLE 59. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY RETAIL & E-COMMERCE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 60. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY RETAIL & E-COMMERCE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 61. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2018-2032 (USD MILLION)
TABLE 62. AMERICAS FUNCTION-AS-A-SERVICE MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 63. AMERICAS FUNCTION-AS-A-SERVICE MARKET SIZE, BY OFFERING, 2018-2032 (USD MILLION)
TABLE 64. AMERICAS FUNCTION-AS-A-SERVICE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 65. AMERICAS FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 66. AMERICAS FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION TYPE, 2018-2032 (USD MILLION)
TABLE 67. AMERICAS FUNCTION-AS-A-SERVICE MARKET SIZE, BY VERTICAL, 2018-2032 (USD MILLION)
TABLE 68. NORTH AMERICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 69. NORTH AMERICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY OFFERING, 2018-2032 (USD MILLION)
TABLE 70. NORTH AMERICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 71. NORTH AMERICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 72. NORTH AMERICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION TYPE, 2018-2032 (USD MILLION)
TABLE 73. NORTH AMERICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY VERTICAL, 2018-2032 (USD MILLION)
TABLE 74. LATIN AMERICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 75. LATIN AMERICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY OFFERING, 2018-2032 (USD MILLION)
TABLE 76. LATIN AMERICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 77. LATIN AMERICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 78. LATIN AMERICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION TYPE, 2018-2032 (USD MILLION)
TABLE 79. LATIN AMERICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY VERTICAL, 2018-2032 (USD MILLION)
TABLE 80. EUROPE, MIDDLE EAST & AFRICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 81. EUROPE, MIDDLE EAST & AFRICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY OFFERING, 2018-2032 (USD MILLION)
TABLE 82. EUROPE, MIDDLE EAST & AFRICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 83. EUROPE, MIDDLE EAST & AFRICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 84. EUROPE, MIDDLE EAST & AFRICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION TYPE, 2018-2032 (USD MILLION)
TABLE 85. EUROPE, MIDDLE EAST & AFRICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY VERTICAL, 2018-2032 (USD MILLION)
TABLE 86. EUROPE FUNCTION-AS-A-SERVICE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 87. EUROPE FUNCTION-AS-A-SERVICE MARKET SIZE, BY OFFERING, 2018-2032 (USD MILLION)
TABLE 88. EUROPE FUNCTION-AS-A-SERVICE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 89. EUROPE FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 90. EUROPE FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION TYPE, 2018-2032 (USD MILLION)
TABLE 91. EUROPE FUNCTION-AS-A-SERVICE MARKET SIZE, BY VERTICAL, 2018-2032 (USD MILLION)
TABLE 92. MIDDLE EAST FUNCTION-AS-A-SERVICE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 93. MIDDLE EAST FUNCTION-AS-A-SERVICE MARKET SIZE, BY OFFERING, 2018-2032 (USD MILLION)
TABLE 94. MIDDLE EAST FUNCTION-AS-A-SERVICE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 95. MIDDLE EAST FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 96. MIDDLE EAST FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION TYPE, 2018-2032 (USD MILLION)
TABLE 97. MIDDLE EAST FUNCTION-AS-A-SERVICE MARKET SIZE, BY VERTICAL, 2018-2032 (USD MILLION)
TABLE 98. AFRICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 99. AFRICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY OFFERING, 2018-2032 (USD MILLION)
TABLE 100. AFRICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 101. AFRICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 102. AFRICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION TYPE, 2018-2032 (USD MILLION)
TABLE 103. AFRICA FUNCTION-AS-A-SERVICE MARKET SIZE, BY VERTICAL, 2018-2032 (USD MILLION)
TABLE 104. ASIA-PACIFIC FUNCTION-AS-A-SERVICE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 105. ASIA-PACIFIC FUNCTION-AS-A-SERVICE MARKET SIZE, BY OFFERING, 2018-2032 (USD MILLION)
TABLE 106. ASIA-PACIFIC FUNCTION-AS-A-SERVICE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 107. ASIA-PACIFIC FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 108. ASIA-PACIFIC FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION TYPE, 2018-2032 (USD MILLION)
TABLE 109. ASIA-PACIFIC FUNCTION-AS-A-SERVICE MARKET SIZE, BY VERTICAL, 2018-2032 (USD MILLION)
TABLE 110. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 111. ASEAN FUNCTION-AS-A-SERVICE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 112. ASEAN FUNCTION-AS-A-SERVICE MARKET SIZE, BY OFFERING, 2018-2032 (USD MILLION)
TABLE 113. ASEAN FUNCTION-AS-A-SERVICE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 114. ASEAN FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 115. ASEAN FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION TYPE, 2018-2032 (USD MILLION)
TABLE 116. ASEAN FUNCTION-AS-A-SERVICE MARKET SIZE, BY VERTICAL, 2018-2032 (USD MILLION)
TABLE 117. GCC FUNCTION-AS-A-SERVICE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 118. GCC FUNCTION-AS-A-SERVICE MARKET SIZE, BY OFFERING, 2018-2032 (USD MILLION)
TABLE 119. GCC FUNCTION-AS-A-SERVICE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 120. GCC FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 121. GCC FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION TYPE, 2018-2032 (USD MILLION)
TABLE 122. GCC FUNCTION-AS-A-SERVICE MARKET SIZE, BY VERTICAL, 2018-2032 (USD MILLION)
TABLE 123. EUROPEAN UNION FUNCTION-AS-A-SERVICE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 124. EUROPEAN UNION FUNCTION-AS-A-SERVICE MARKET SIZE, BY OFFERING, 2018-2032 (USD MILLION)
TABLE 125. EUROPEAN UNION FUNCTION-AS-A-SERVICE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 126. EUROPEAN UNION FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 127. EUROPEAN UNION FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION TYPE, 2018-2032 (USD MILLION)
TABLE 128. EUROPEAN UNION FUNCTION-AS-A-SERVICE MARKET SIZE, BY VERTICAL, 2018-2032 (USD MILLION)
TABLE 129. BRICS FUNCTION-AS-A-SERVICE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 130. BRICS FUNCTION-AS-A-SERVICE MARKET SIZE, BY OFFERING, 2018-2032 (USD MILLION)
TABLE 131. BRICS FUNCTION-AS-A-SERVICE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 132. BRICS FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 133. BRICS FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION TYPE, 2018-2032 (USD MILLION)
TABLE 134. BRICS FUNCTION-AS-A-SERVICE MARKET SIZE, BY VERTICAL, 2018-2032 (USD MILLION)
TABLE 135. G7 FUNCTION-AS-A-SERVICE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 136. G7 FUNCTION-AS-A-SERVICE MARKET SIZE, BY OFFERING, 2018-2032 (USD MILLION)
TABLE 137. G7 FUNCTION-AS-A-SERVICE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 138. G7 FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 139. G7 FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION TYPE, 2018-2032 (USD MILLION)
TABLE 140. G7 FUNCTION-AS-A-SERVICE MARKET SIZE, BY VERTICAL, 2018-2032 (USD MILLION)
TABLE 141. NATO FUNCTION-AS-A-SERVICE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 142. NATO FUNCTION-AS-A-SERVICE MARKET SIZE, BY OFFERING, 2018-2032 (USD MILLION)
TABLE 143. NATO FUNCTION-AS-A-SERVICE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 144. NATO FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 145. NATO FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION TYPE, 2018-2032 (USD MILLION)
TABLE 146. NATO FUNCTION-AS-A-SERVICE MARKET SIZE, BY VERTICAL, 2018-2032 (USD MILLION)
TABLE 147. GLOBAL FUNCTION-AS-A-SERVICE MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 148. UNITED STATES FUNCTION-AS-A-SERVICE MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 149. UNITED STATES FUNCTION-AS-A-SERVICE MARKET SIZE, BY OFFERING, 2018-2032 (USD MILLION)
TABLE 150. UNITED STATES FUNCTION-AS-A-SERVICE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 151. UNITED STATES FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 152. UNITED STATES FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION TYPE, 2018-2032 (USD MILLION)
TABLE 153. UNITED STATES FUNCTION-AS-A-SERVICE MARKET SIZE, BY VERTICAL, 2018-2032 (USD MILLION)
TABLE 154. CHINA FUNCTION-AS-A-SERVICE MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 155. CHINA FUNCTION-AS-A-SERVICE MARKET SIZE, BY OFFERING, 2018-2032 (USD MILLION)
TABLE 156. CHINA FUNCTION-AS-A-SERVICE MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 157. CHINA FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 158. CHINA FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION TYPE, 2018-2032 (USD MILLION)
TABLE 159. CHINA FUNCTION-AS-A-SERVICE MARKET SIZE, BY VERTICAL, 2018-2032 (USD MILLION)

Companies Mentioned

The key companies profiled in this Function-as-a-Service market report include:
  • Alibaba Cloud Computing Ltd.
  • Amazon Web Services, Inc.
  • Cloudflare, Inc.
  • Cloudflare, Inc.
  • DigitalOcean, LLC
  • EdgeImpulse, Inc.
  • F5, Inc.
  • Google LLC
  • Huawei Technologies Co., Ltd.
  • International Business Machines Corporation
  • Iron.io, Inc.
  • Microsoft Corporation
  • Netlify, Inc.
  • Nutanix, Inc.
  • OpenFaaS Ltd
  • Oracle Corporation
  • Platform9 Systems, Inc.
  • Salesforce, Inc.
  • StackPath, LLC
  • Tencent Cloud Computing (Beijing) Co., Ltd.
  • TriggerMesh, Inc.
  • Twilio Inc.
  • Vercel Inc.
  • VMware, Inc.

Table Information

Report AttributeDetails
No. of Pages187
PublishedJanuary 2026
Forecast Period2026 - 2032
Estimated Market Value ( USD ) in 2026 $ 13.67 Billion
Forecasted Market Value ( USD ) by 2032 $ 30.44 Billion
Compound Annual Growth Rate14.3%
Regions CoveredGlobal
No. of Companies Mentioned25

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About the FAAS Market

FAAS (Function as a Service) is a cloud computing and storage model that enables users to access applications and services over the internet. It is a type of cloud computing that allows users to access applications and services without having to install and manage the underlying infrastructure. FAAS is a cost-effective solution for businesses, as it eliminates the need to purchase and maintain hardware and software. It also provides scalability, allowing businesses to quickly and easily scale up or down their services as needed. FAAS is becoming increasingly popular as businesses look for ways to reduce costs and increase efficiency. It is also becoming an important part of the cloud computing and storage market, as it provides businesses with the flexibility to quickly and easily access applications and services. Some of the companies in the FAAS market include Amazon Web Services, Microsoft Azure, Google Cloud Platform, IBM Cloud, Oracle Cloud, and Salesforce. Show Less Read more

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