Dublin, Nov. 19, 2020 (GLOBE NEWSWIRE) -- The "Function-as-a-Service - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Function-as-a-Service Market to Reach $26.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Function-as-a-Service estimated at US$4.3 Billion in the year 2020, is projected to reach a revised size of US$26.9 Billion by 2027, growing at a CAGR of 29.9% over the period 2020-2027.
Developer-Centric, one of the segments analyzed in the report, is projected to record 29.3% CAGR and reach US$18.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Operator-Centric segment is readjusted to a revised 31.1% CAGR for the next 7-year period.
The U. S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 29.1% CAGR
The Function-as-a-Service market in the U. S. is estimated at US$1.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.6 Billion by the year 2027 trailing a CAGR of 29% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 26.7% and 25.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 21.1% CAGR.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- Amazon Web Services, Inc.
- Dynatrace LLC
- Fiorano Software Ltd.
- Google LLC
- IBM Corporation
- Infosys Ltd.
- Microsoft Corporation
- Rogue Wave Software, Inc.
- SAP SE
- TIBCO Software, Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Function-as-a-Service Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
- Market Facts & Figures
- Function-as-a-Service Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- Current & Future Analysis for Function-as-a-Service by User Type - Developer-Centric and Operator-Centric - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
- 7-Year Perspective for Function-as-a-Service by User Type - Percentage Breakdown of Value Sales for Developer-Centric and Operator-Centric for the Years 2020 & 2027
- Current & Future Analysis for Function-as-a-Service by Deployment - Public Cloud, Private Cloud and Hybrid Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
- 7-Year Perspective for Function-as-a-Service by Deployment - Percentage Breakdown of Value Sales for Public Cloud, Private Cloud and Hybrid Cloud for the Years 2020 & 2027
- Current & Future Analysis for Function-as-a-Service by Application - Web & Mobile Based, Research & Academic and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
- 7-Year Perspective for Function-as-a-Service by Application - Percentage Breakdown of Value Sales for Web & Mobile Based, Research & Academic and Other Applications for the Years 2020 & 2027
- Current & Future Analysis for Function-as-a-Service by Industry Vertical - BFSI, Consumer Goods & Retail, Media & Entertainment and Other Industry Verticals - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
- 7-Year Perspective for Function-as-a-Service by Industry Vertical - Percentage Breakdown of Value Sales for BFSI, Consumer Goods & Retail, Media & Entertainment and Other Industry Verticals for the Years 2020 & 2027
IV. COMPETITION
- Total Companies Profiled: 41
For more information about this report visit https://www.researchandmarkets.com/r/1o8s6v
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