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Europe Serverless Computing Market Size, Share & Trends Analysis Report By Service Model, By Enterprise Size, By Deployment, By Industry Vertical, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 152 Pages
  • January 2025
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6050105
Description Jump to:
The Europe Serverless Computing Market is expected to witness market growth of 13.2% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Serverless Computing Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $3.77 billion by 2031. The UK market is exhibiting a CAGR of 12.3% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 14.2% during 2024-2031.



The rise of serverless computing is also closely tied to the growing importance of microservices and event-driven architectures in application development. Traditional monolithic architectures, while functional, are often rigid and difficult to scale. In contrast, serverless computing aligns perfectly with the principles of microservices, allowing developers to break applications into smaller, independently deployable functions.

Additionally, this modular approach not only improves scalability but also simplifies the development and maintenance of applications. The event-driven nature of serverless computing further enhances its appeal, enabling businesses to respond dynamically to real-time events such as user actions, IoT device signals, or changes in data streams.

The Europe segment benefits from the region's emphasis on regulatory compliance, data sovereignty, and the adoption of advanced cloud technologies. Businesses across industries leverage serverless computing to optimize operations and meet sustainability goals, aligning with Europe’s focus on green IT solutions. The increasing digitalization of traditional industries, particularly manufacturing, healthcare, and retail, drives demand for serverless architectures. Additionally, innovative cloud providers and supportive government policies in key markets like Germany, the UK, and France contribute to the growth of serverless computing in Europe.

List of Key Companies Profiled

  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Microsoft Corporation
  • Google LLC (Alphabet Inc.)
  • IBM Corporation
  • Oracle Corporation
  • Alibaba Cloud (Alibaba Group Holding Limited)
  • Cloudflare, Inc.
  • Tencent Holdings Ltd.
  • SAP SE
  • Salesforce, Inc.

Market Report Segmentation

By Service Model
  • Function-as-a-service (FaaS)
  • Backend-as-a-service (BaaS)
By Enterprise Size
  • Large Enterprises
  • Small & Medium-sized Enterprises
By Deployment
  • Public Cloud
  • Hybrid Cloud
  • Private Cloud
By Industry Vertical
  • BFSI
  • IT & Telecom
  • Healthcare & Life Sciences
  • Retail & Consumer Goods
  • Manufacturing
  • Government & Defense
  • Transportation & Logistics
  • Other Industry Vertical
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Serverless Computing Market, by Service Model
1.4.2 Europe Serverless Computing Market, by Enterprise Size
1.4.3 Europe Serverless Computing Market, by Deployment
1.4.4 Europe Serverless Computing Market, by Industry Vertical
1.4.5 Europe Serverless Computing Market, by Country
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 The Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.5 Porter Five Forces Analysis
Chapter 5. Europe Serverless Computing Market by Service Model
5.1 Europe Function-as-a-service (FaaS) Market by Country
5.2 Europe Backend-as-a-service (BaaS) Market by Country
Chapter 6. Europe Serverless Computing Market by Enterprise Size
6.1 Europe Large Enterprises Market by Country
6.2 Europe Small & Medium-sized Enterprises Market by Country
Chapter 7. Europe Serverless Computing Market by Deployment
7.1 Europe Public Cloud Market by Country
7.2 Europe Hybrid Cloud Market by Country
7.3 Europe Private Cloud Market by Country
Chapter 8. Europe Serverless Computing Market by Industry Vertical
8.1 Europe BFSI Market by Country
8.2 Europe IT & Telecom Market by Country
8.3 Europe Healthcare & Life Sciences Market by Country
8.4 Europe Retail & Consumer Goods Market by Country
8.5 Europe Manufacturing Market by Country
8.6 Europe Government & Defense Market by Country
8.7 Europe Transportation & Logistics Market by Country
8.8 Europe Other Industry Vertical Market by Country
Chapter 9. Europe Serverless Computing Market by Country
9.1 Germany Serverless Computing Market
9.1.1 Germany Serverless Computing Market by Service Model
9.1.2 Germany Serverless Computing Market by Enterprise Size
9.1.3 Germany Serverless Computing Market by Deployment
9.1.4 Germany Serverless Computing Market by Industry Vertical
9.2 UK Serverless Computing Market
9.2.1 UK Serverless Computing Market by Service Model
9.2.2 UK Serverless Computing Market by Enterprise Size
9.2.3 UK Serverless Computing Market by Deployment
9.2.4 UK Serverless Computing Market by Industry Vertical
9.3 France Serverless Computing Market
9.3.1 France Serverless Computing Market by Service Model
9.3.2 France Serverless Computing Market by Enterprise Size
9.3.3 France Serverless Computing Market by Deployment
9.3.4 France Serverless Computing Market by Industry Vertical
9.4 Russia Serverless Computing Market
9.4.1 Russia Serverless Computing Market by Service Model
9.4.2 Russia Serverless Computing Market by Enterprise Size
9.4.3 Russia Serverless Computing Market by Deployment
9.4.4 Russia Serverless Computing Market by Industry Vertical
9.5 Spain Serverless Computing Market
9.5.1 Spain Serverless Computing Market by Service Model
9.5.2 Spain Serverless Computing Market by Enterprise Size
9.5.3 Spain Serverless Computing Market by Deployment
9.5.4 Spain Serverless Computing Market by Industry Vertical
9.6 Italy Serverless Computing Market
9.6.1 Italy Serverless Computing Market by Service Model
9.6.2 Italy Serverless Computing Market by Enterprise Size
9.6.3 Italy Serverless Computing Market by Deployment
9.6.4 Italy Serverless Computing Market by Industry Vertical
9.7 Rest of Europe Serverless Computing Market
9.7.1 Rest of Europe Serverless Computing Market by Service Model
9.7.2 Rest of Europe Serverless Computing Market by Enterprise Size
9.7.3 Rest of Europe Serverless Computing Market by Deployment
9.7.4 Rest of Europe Serverless Computing Market by Industry Vertical
Chapter 10. Company Profiles
10.1 Amazon Web Services, Inc. (Amazon.com, Inc.)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental Analysis
10.1.4 Recent Strategies and Developments
10.1.4.1 Partnerships, Collaborations, and Agreements
10.1.5 SWOT Analysis
10.2 Google LLC (Alphabet Inc.)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent Strategies and Developments
10.2.5.1 Product Launches and Product Expansions
10.2.6 SWOT Analysis
10.3 IBM Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional & Segmental Analysis
10.3.4 Research & Development Expenses
10.3.5 SWOT Analysis
10.4 Microsoft Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent Strategies and Developments
10.4.5.1 Product Launches and Product Expansions
10.4.6 SWOT Analysis
10.5 Oracle Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 SWOT Analysis
10.6 Alibaba Cloud (Alibaba Group Holding Limited)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental Analysis
10.6.4 Recent Strategies and Developments
10.6.4.1 Partnerships, Collaborations, and Agreements
10.6.4.2 Product Launches and Product Expansions
10.6.5 SWOT Analysis
10.7 Cloudflare, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent Strategies and Developments
10.7.5.1 Partnerships, Collaborations, and Agreements
10.7.5.2 Product Launches and Product Expansions
10.7.5.3 Acquisition and Mergers
10.7.6 SWOT Analysis
10.8 Tencent Holdings Ltd.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.9 Salesforce, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 Recent Strategies and Developments
10.9.5.1 Product Launches and Product Expansions
10.9.6 SWOT Analysis
10.10. SAP SE
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Regional Analysis
10.10.4 Research & Development Expense
10.10.5 SWOT Analysis

Companies Mentioned

  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Microsoft Corporation
  • Google LLC (Alphabet Inc.)
  • IBM Corporation
  • Oracle Corporation
  • Alibaba Cloud (Alibaba Group Holding Limited)
  • Cloudflare, Inc.
  • Tencent Holdings Ltd.
  • SAP SE
  • Salesforce, Inc.

Methodology

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About the Serverless Computing Market

Serverless Computing is a cloud computing model that allows developers to build and run applications without having to manage the underlying infrastructure. It is a form of cloud computing that eliminates the need for server management, allowing developers to focus on writing code instead of managing servers. Serverless Computing is often used in conjunction with cloud storage, which provides a secure, scalable, and cost-effective way to store data. Serverless Computing is becoming increasingly popular due to its scalability, cost-effectiveness, and ease of use. It allows developers to quickly deploy applications without having to worry about server management, and it can be used to quickly scale applications as needed. Additionally, Serverless Computing can be used to reduce operational costs, as developers only pay for the resources they use. Some of the companies in the Serverless Computing market include Amazon Web Services, Microsoft Azure, Google Cloud Platform, IBM Cloud, and Oracle Cloud. Show Less Read more

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