+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)

North America 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

  • PDF Icon

    Report

  • 139 Pages
  • January 2025
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6050063
Description Jump to:
The North America Serverless Computing Market is expected to witness market growth of 13.0% CAGR during the forecast period (2024-2031).

The US market dominated the North America 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 $13.59 billion by 2031. The Canada market is experiencing a CAGR of 15.3% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 14.4% during 2024-2031.



Serverless computing is a computational execution paradigm in which the cloud service provider autonomously oversees the allocation and provisioning of server resources. Despite its name, "serverless" does not mean that servers are absent but that the complexity of managing servers is abstracted away from the user.

Additionally, with serverless computing, developers are afforded the opportunity to concentrate exclusively on the writing and deployment of code, alleviating concerns regarding the underlying infrastructure, including server provisioning, scaling, maintenance, and capacity planning.

The serverless computing market in North America continues to lead, driven by technological advancements, a robust cloud infrastructure, and a high level of digital maturity across industries. Strong adoption across BFSI, healthcare, IT, and retail sectors has further solidified the region's dominance. Additionally, the emphasis on automation, IoT integration, and data analytics drives the demand for serverless computing. Governments across the region are also fostering cloud adoption through supportive policies and investments in digital transformation, strengthening the market landscape.

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
  • US
  • Canada
  • Mexico
  • Rest of North America

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 North America Serverless Computing Market, by Service Model
1.4.2 North America Serverless Computing Market, by Enterprise Size
1.4.3 North America Serverless Computing Market, by Deployment
1.4.4 North America Serverless Computing Market, by Industry Vertical
1.4.5 North America 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. North America Serverless Computing Market by Service Model
5.1 North America Function-as-a-service (FaaS) Market by Region
5.2 North America Backend-as-a-service (BaaS) Market by Region
Chapter 6. North America Serverless Computing Market by Enterprise Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small & Medium-sized Enterprises Market by Country
Chapter 7. North America Serverless Computing Market by Deployment
7.1 North America Public Cloud Market by Country
7.2 North America Hybrid Cloud Market by Country
7.3 North America Private Cloud Market by Country
Chapter 8. North America Serverless Computing Market by Industry Vertical
8.1 North America BFSI Market by Country
8.2 North America IT & Telecom Market by Country
8.3 North America Healthcare & Life Sciences Market by Country
8.4 North America Retail & Consumer Goods Market by Country
8.5 North America Manufacturing Market by Country
8.6 North America Government & Defense Market by Country
8.7 North America Transportation & Logistics Market by Country
8.8 North America Other Industry Vertical Market by Country
Chapter 9. North America Serverless Computing Market by Country
9.1 US Serverless Computing Market
9.1.1 US Serverless Computing Market by Service Model
9.1.2 US Serverless Computing Market by Enterprise Size
9.1.3 US Serverless Computing Market by Deployment
9.1.4 US Serverless Computing Market by Industry Vertical
9.2 Canada Serverless Computing Market
9.2.1 Canada Serverless Computing Market by Service Model
9.2.2 Canada Serverless Computing Market by Enterprise Size
9.2.3 Canada Serverless Computing Market by Deployment
9.2.4 Canada Serverless Computing Market by Industry Vertical
9.3 Mexico Serverless Computing Market
9.3.1 Mexico Serverless Computing Market by Service Model
9.3.2 Mexico Serverless Computing Market by Enterprise Size
9.3.3 Mexico Serverless Computing Market by Deployment
9.3.4 Mexico Serverless Computing Market by Industry Vertical
9.4 Rest of North America Serverless Computing Market
9.4.1 Rest of North America Serverless Computing Market by Service Model
9.4.2 Rest of North America Serverless Computing Market by Enterprise Size
9.4.3 Rest of North America Serverless Computing Market by Deployment
9.4.4 Rest of North America 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

Loading
LOADING...

Related Topics

Related Reports

Serverless Computing Market Size, Share & Trends Analysis Report By Service Model, By Enterprise Size, By Deployment, By Industry Vertical, By Regional Outlook and Forecast, 2024 - 2031 - Product Image

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

  • Report
  • 321 Pages
  • Global
From
Serverless Computing Market by Service Model (Function as a Service, Backend as a Service), Compute (Functions, Containers), Database (Relational, Non-Relational), Storage, Application Integration, Monitoring & Security - Global Forecast to 2029 - Product Image

Serverless Computing Market by Service Model (Function as a Service, Backend as a Service), Compute (Functions, Containers), Database (Relational, Non-Relational), Storage, Application Integration, Monitoring & Security - Global Forecast to 2029

  • Report
  • 283 Pages
  • Global
From
Serverless Computing Global Market Insights 2024, Analysis and Forecast to 2029, by Market Participants, Regions, Technology, Product Type - Product Image

Serverless Computing Global Market Insights 2024, Analysis and Forecast to 2029, by Market Participants, Regions, Technology, Product Type

  • Report
  • 122 Pages
  • Global
From
LAMEA 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 - Product Image

LAMEA 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

  • Report
  • 150 Pages
  • Africa, Middle East
From
Serverless Architecture Global Market Report 2024 - Product Image

Serverless Architecture Global Market Report 2024

  • Report
  • 175 Pages
  • Global
From

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

Copyright © 2002-2025 Research and Markets. All Rights Reserved.