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Function-as-a-Service - Global Strategic Business Report

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    Report

  • 194 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4805072
The global market for Function-as-a-Service was estimated at US$22.8 Billion in 2023 and is projected to reach US$76.7 Billion by 2030, growing at a CAGR of 18.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Function-as-a-Service Market - Key Trends and Drivers Summarized

How Is Function-as-a-Service (FaaS) Revolutionizing Cloud Computing and Application Development?

Function-as-a-Service (FaaS) is transforming cloud computing and application development by offering a serverless model that allows developers to build, deploy, and run code without managing the underlying infrastructure. FaaS enables businesses to focus solely on writing and executing functions, or small pieces of code, that perform specific tasks when triggered by events. This serverless architecture eliminates the need for developers to worry about provisioning, scaling, or maintaining servers, as the cloud provider automatically handles all backend operations. Popularized by services like AWS Lambda, Google Cloud Functions, and Microsoft Azure Functions, FaaS offers businesses a highly flexible and scalable way to develop and deploy applications more efficiently.

One of the key benefits of FaaS is its event-driven nature, which allows code to be executed in response to specific events such as HTTP requests, file uploads, or database updates. This on-demand execution model significantly reduces costs, as resources are only used when the function is running, rather than requiring continuous server uptime. FaaS also supports rapid iteration and innovation, enabling developers to update individual functions without redeploying the entire application. By decoupling the execution of code from the management of infrastructure, FaaS is revolutionizing how applications are built and scaled, making it easier for businesses to create scalable, responsive, and cost-effective solutions.

What Technological Advancements Are Driving the Growth of Function-as-a-Service?

Technological advancements in cloud infrastructure, event-driven architectures, and automation tools are driving the rapid growth and adoption of Function-as-a-Service. One of the most significant developments is the evolution of cloud computing platforms, which now offer robust support for serverless architectures like FaaS. Cloud providers such as AWS, Google Cloud, and Microsoft Azure have developed sophisticated platforms that can seamlessly manage the backend infrastructure needed to run serverless applications. These platforms automatically scale resources up or down based on demand, allowing businesses to handle varying workloads without having to manually adjust server capacity. The advancement of these platforms has made it easier for organizations to adopt FaaS and reduce their operational overhead.

Another important advancement is the integration of event-driven architectures, which are at the core of FaaS. In an event-driven architecture, functions are executed in response to events such as database triggers, file uploads, or API calls. This allows developers to create highly reactive applications that only consume resources when specific actions occur. Modern event-driven systems leverage message queues, pub/sub messaging, and real-time event processing, making FaaS an ideal solution for applications that require high scalability and responsiveness. These technologies have also enhanced the real-time capabilities of FaaS, enabling it to be used in diverse applications like IoT, real-time analytics, and microservices.

Automation tools and frameworks have also played a crucial role in the expansion of FaaS. Continuous integration and continuous deployment (CI/CD) pipelines, along with infrastructure-as-code (IaC) frameworks, have made it easier to deploy and manage FaaS environments. Tools like AWS CloudFormation, Terraform, and Serverless Framework allow developers to define and manage the entire serverless infrastructure using code, automating deployments and scaling. This level of automation reduces the complexity of managing serverless applications, enabling teams to focus more on writing code and less on managing infrastructure. These technological advancements are making FaaS a highly attractive model for businesses looking to scale quickly, reduce costs, and increase their development agility.

How Is Function-as-a-Service Supporting the Growth of Microservices and Agile Development?

Function-as-a-Service (FaaS) is playing a pivotal role in supporting the growth of microservices architectures and agile development methodologies by enabling developers to build highly modular and scalable applications. FaaS aligns perfectly with the microservices model, where applications are broken down into small, independent services that each perform a specific function. In a FaaS environment, each function can be deployed, managed, and scaled independently, allowing for greater flexibility and adaptability in software development. This modular approach makes it easier to update or add new features to an application without affecting the entire system, accelerating development cycles and reducing the risk of system-wide failures.

In the context of agile development, FaaS allows teams to move faster by reducing the time and resources spent on infrastructure management. Developers can focus on writing and deploying code in small increments, following agile principles of iterative development and continuous delivery. FaaS services automatically handle the scaling, security, and monitoring of functions, enabling teams to rapidly test and deploy new features or updates. This significantly shortens the development lifecycle, allowing for quicker experimentation, feedback, and iteration. By eliminating infrastructure concerns, FaaS enhances the agility of development teams, empowering them to respond more quickly to changing business needs and user demands.

The ability of FaaS to support dynamic scaling also complements microservices architectures by allowing services to scale independently based on demand. In a traditional monolithic application, scaling often involves replicating entire servers or services, which can be inefficient and costly. With FaaS, only the specific functions experiencing high traffic are scaled, making it a highly efficient solution for applications with varying load patterns. This scalability is particularly beneficial for applications in industries like e-commerce, fintech, and IoT, where demand can fluctuate significantly. By supporting the microservices architecture and agile development, FaaS is enabling organizations to build and manage more resilient, scalable, and efficient applications.

What's Driving the Growth of the Function-as-a-Service Market?

Several factors are driving the growth of the Function-as-a-Service (FaaS) market, including the increasing adoption of cloud-native technologies, the growing demand for cost-effective and scalable solutions, and the rise of event-driven applications. One of the primary drivers is the widespread adoption of cloud computing and cloud-native architectures by businesses of all sizes. As companies move their infrastructure to the cloud, they are seeking ways to optimize performance and reduce operational costs. FaaS offers a serverless model that allows businesses to scale applications automatically without managing infrastructure, making it an attractive solution for companies looking to reduce overhead and improve efficiency.

The demand for cost-effective solutions is another major factor fueling the growth of the FaaS market. Traditional server-based models require continuous server provisioning, which can result in wasted resources when applications are idle. In contrast, FaaS operates on a pay-per-use model, where businesses are only charged for the resources consumed during function execution. This usage-based billing is particularly appealing for startups and small businesses, as it allows them to build and deploy applications without significant upfront costs. Even larger enterprises are embracing FaaS to optimize costs for applications with fluctuating workloads, such as e-commerce platforms, financial services, and IoT applications.

The rise of event-driven applications and real-time processing is another significant driver of the FaaS market. Many modern applications require real-time data processing in response to events like user actions, sensor readings, or API requests. FaaS is ideally suited for these scenarios, as it enables the execution of code in response to specific events without the need for pre-provisioned infrastructure. Industries like healthcare, logistics, and smart cities are increasingly adopting event-driven architectures powered by FaaS to handle real-time data streams and automate complex workflows. As the demand for real-time, event-driven applications grows, the FaaS market is expected to expand rapidly, becoming a critical part of the cloud computing ecosystem.

What Future Trends Are Shaping the Development of Function-as-a-Service?

Several emerging trends are shaping the future of Function-as-a-Service (FaaS), including advancements in edge computing, the rise of multi-cloud and hybrid cloud strategies, and the increasing focus on security and compliance in serverless environments. One of the most significant trends is the convergence of FaaS with edge computing. As businesses and industries move toward real-time data processing at the edge, FaaS is being adapted to run functions closer to where data is generated, reducing latency and improving performance. Edge FaaS allows developers to deploy serverless functions on edge devices or edge nodes, enabling faster response times for applications like autonomous vehicles, IoT devices, and smart infrastructure. This trend is expected to drive the adoption of FaaS in industries that require low-latency, real-time data processing.

The rise of multi-cloud and hybrid cloud strategies is another key trend shaping the future of FaaS. Many organizations are moving away from relying on a single cloud provider and are instead adopting multi-cloud or hybrid cloud approaches to take advantage of different cloud platforms' strengths. This trend is leading to the development of FaaS platforms that can run seamlessly across multiple cloud environments, allowing businesses to deploy serverless functions on different clouds without being locked into a single provider. Hybrid FaaS solutions are also emerging, enabling businesses to run functions on both on-premises infrastructure and public cloud services. This flexibility is becoming increasingly important as organizations seek to optimize their cloud infrastructure and maintain control over their data.

Security and compliance are becoming top priorities in the development of FaaS, especially as more businesses move critical workloads to serverless environments. While FaaS simplifies infrastructure management, it also introduces new security challenges, such as managing the security of third-party dependencies and ensuring data privacy. To address these concerns, cloud providers are developing enhanced security features for FaaS platforms, including automated security patches, encrypted data storage, and secure access controls. Additionally, compliance with industry regulations such as GDPR, HIPAA, and PCI-DSS is driving the development of FaaS solutions that provide built-in tools for managing security and compliance requirements. As organizations increasingly rely on FaaS for mission-critical applications, the focus on security and compliance will continue to shape the evolution of the technology.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Public Cloud Deployment segment, which is expected to reach US$51.2 Billion by 2030 with a CAGR of a 18.3%. The Private Cloud Deployment segment is also set to grow at 19.6% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, which was estimated at $6.3 Billion in 2023, and China, forecasted to grow at an impressive 17.9% CAGR to reach $11.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Function-as-a-Service Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Function-as-a-Service Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Function-as-a-Service Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Amazon Web Services, Inc., Dynatrace LLC, Fiorano Software Ltd., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 41 Featured):

  • 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.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Global Economic Update
  • Function-as-a-Service - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Surge in Cloud Adoption Drives Growth in the Function-as-a-Service Market
  • Serverless Architectures Propel the Need for Scalable Function-as-a-Service Solutions
  • Cost Efficiency of FaaS Models Spurs Adoption Among Startups and SMEs
  • Integration of FaaS with IoT Applications Expands Market Potential
  • Impact of DevOps and Agile Practices on FaaS Implementation
  • Growth of Machine Learning and AI Enhances Function-as-a-Service Offerings
  • Impact of Regulatory Compliance on FaaS Adoption in Financial Services
  • Future Prospects of FaaS in Augmented Reality and Virtual Reality Applications
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Function-as-a-Service Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Function-as-a-Service by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 3: World 7-Year Perspective for Function-as-a-Service by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Public Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 5: World 7-Year Perspective for Public Cloud by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 6: World Recent Past, Current & Future Analysis for Private Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 7: World 7-Year Perspective for Private Cloud by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Hybrid Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 9: World 7-Year Perspective for Hybrid Cloud by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Developer-Centric by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 11: World 7-Year Perspective for Developer-Centric by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 12: World Recent Past, Current & Future Analysis for Operator-Centric by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 13: World 7-Year Perspective for Operator-Centric by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Web & Mobile Based by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 15: World 7-Year Perspective for Web & Mobile Based by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Research & Academic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 17: World 7-Year Perspective for Research & Academic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 18: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 19: World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 21: World 7-Year Perspective for BFSI by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Consumer Goods & Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 23: World 7-Year Perspective for Consumer Goods & Retail by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 24: World Recent Past, Current & Future Analysis for Media & Entertainment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 25: World 7-Year Perspective for Media & Entertainment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 27: World 7-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Function-as-a-Service Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Table 28: USA Recent Past, 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 2023 through 2030 and % CAGR
  • Table 29: USA 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 2024 & 2030
  • Table 30: USA Recent Past, 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 2023 through 2030 and % CAGR
  • Table 31: USA 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 2024 & 2030
  • Table 32: USA Recent Past, 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 2023 through 2030 and % CAGR
  • Table 33: USA 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 2024 & 2030
  • Table 34: USA Recent Past, Current & Future Analysis for Function-as-a-Service by End-Use - BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 35: USA 7-Year Perspective for Function-as-a-Service by End-Use - Percentage Breakdown of Value Sales for BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses for the Years 2024 & 2030
CANADA
  • Table 36: Canada Recent Past, 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 2023 through 2030 and % CAGR
  • Table 37: Canada 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 2024 & 2030
  • Table 38: Canada Recent Past, 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 2023 through 2030 and % CAGR
  • Table 39: Canada 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 2024 & 2030
  • Table 40: Canada Recent Past, 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 2023 through 2030 and % CAGR
  • Table 41: Canada 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 2024 & 2030
  • Table 42: Canada Recent Past, Current & Future Analysis for Function-as-a-Service by End-Use - BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 43: Canada 7-Year Perspective for Function-as-a-Service by End-Use - Percentage Breakdown of Value Sales for BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses for the Years 2024 & 2030
JAPAN
  • Function-as-a-Service Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Table 44: Japan Recent Past, 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 2023 through 2030 and % CAGR
  • Table 45: Japan 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 2024 & 2030
  • Table 46: Japan Recent Past, 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 2023 through 2030 and % CAGR
  • Table 47: Japan 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 2024 & 2030
  • Table 48: Japan Recent Past, 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 2023 through 2030 and % CAGR
  • Table 49: Japan 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 2024 & 2030
  • Table 50: Japan Recent Past, Current & Future Analysis for Function-as-a-Service by End-Use - BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 51: Japan 7-Year Perspective for Function-as-a-Service by End-Use - Percentage Breakdown of Value Sales for BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses for the Years 2024 & 2030
CHINA
  • Function-as-a-Service Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Table 52: China Recent Past, 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 2023 through 2030 and % CAGR
  • Table 53: China 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 2024 & 2030
  • Table 54: China Recent Past, 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 2023 through 2030 and % CAGR
  • Table 55: China 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 2024 & 2030
  • Table 56: China Recent Past, 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 2023 through 2030 and % CAGR
  • Table 57: China 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 2024 & 2030
  • Table 58: China Recent Past, Current & Future Analysis for Function-as-a-Service by End-Use - BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 59: China 7-Year Perspective for Function-as-a-Service by End-Use - Percentage Breakdown of Value Sales for BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses for the Years 2024 & 2030
EUROPE
  • Function-as-a-Service Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Table 60: Europe Recent Past, Current & Future Analysis for Function-as-a-Service by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 61: Europe 7-Year Perspective for Function-as-a-Service by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2024 & 2030
  • Table 62: Europe Recent Past, 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 2023 through 2030 and % CAGR
  • Table 63: Europe 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 2024 & 2030
  • Table 64: Europe Recent Past, 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 2023 through 2030 and % CAGR
  • Table 65: Europe 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 2024 & 2030
  • Table 66: Europe Recent Past, 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 2023 through 2030 and % CAGR
  • Table 67: Europe 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 2024 & 2030
  • Table 68: Europe Recent Past, Current & Future Analysis for Function-as-a-Service by End-Use - BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 69: Europe 7-Year Perspective for Function-as-a-Service by End-Use - Percentage Breakdown of Value Sales for BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses for the Years 2024 & 2030
FRANCE
  • Function-as-a-Service Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • Table 70: France Recent Past, 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 2023 through 2030 and % CAGR
  • Table 71: France 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 2024 & 2030
  • Table 72: France Recent Past, 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 2023 through 2030 and % CAGR
  • Table 73: France 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 2024 & 2030
  • Table 74: France Recent Past, 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 2023 through 2030 and % CAGR
  • Table 75: France 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 2024 & 2030
  • Table 76: France Recent Past, Current & Future Analysis for Function-as-a-Service by End-Use - BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 77: France 7-Year Perspective for Function-as-a-Service by End-Use - Percentage Breakdown of Value Sales for BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses for the Years 2024 & 2030
GERMANY
  • Function-as-a-Service Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • Table 78: Germany Recent Past, 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 2023 through 2030 and % CAGR
  • Table 79: Germany 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 2024 & 2030
  • Table 80: Germany Recent Past, 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 2023 through 2030 and % CAGR
  • Table 81: Germany 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 2024 & 2030
  • Table 82: Germany Recent Past, 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 2023 through 2030 and % CAGR
  • Table 83: Germany 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 2024 & 2030
  • Table 84: Germany Recent Past, Current & Future Analysis for Function-as-a-Service by End-Use - BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 85: Germany 7-Year Perspective for Function-as-a-Service by End-Use - Percentage Breakdown of Value Sales for BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses for the Years 2024 & 2030
ITALY
  • Table 86: Italy Recent Past, 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 2023 through 2030 and % CAGR
  • Table 87: Italy 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 2024 & 2030
  • Table 88: Italy Recent Past, 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 2023 through 2030 and % CAGR
  • Table 89: Italy 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 2024 & 2030
  • Table 90: Italy Recent Past, 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 2023 through 2030 and % CAGR
  • Table 91: Italy 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 2024 & 2030
  • Table 92: Italy Recent Past, Current & Future Analysis for Function-as-a-Service by End-Use - BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 93: Italy 7-Year Perspective for Function-as-a-Service by End-Use - Percentage Breakdown of Value Sales for BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses for the Years 2024 & 2030
UNITED KINGDOM
  • Function-as-a-Service Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Table 94: UK Recent Past, 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 2023 through 2030 and % CAGR
  • Table 95: UK 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 2024 & 2030
  • Table 96: UK Recent Past, 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 2023 through 2030 and % CAGR
  • Table 97: UK 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 2024 & 2030
  • Table 98: UK Recent Past, 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 2023 through 2030 and % CAGR
  • Table 99: UK 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 2024 & 2030
  • Table 100: UK Recent Past, Current & Future Analysis for Function-as-a-Service by End-Use - BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 101: UK 7-Year Perspective for Function-as-a-Service by End-Use - Percentage Breakdown of Value Sales for BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses for the Years 2024 & 2030
REST OF EUROPE
  • Table 102: Rest of Europe Recent Past, 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 2023 through 2030 and % CAGR
  • Table 103: Rest of Europe 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 2024 & 2030
  • Table 104: Rest of Europe Recent Past, 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 2023 through 2030 and % CAGR
  • Table 105: Rest of Europe 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 2024 & 2030
  • Table 106: Rest of Europe Recent Past, 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 2023 through 2030 and % CAGR
  • Table 107: Rest of Europe 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 2024 & 2030
  • Table 108: Rest of Europe Recent Past, Current & Future Analysis for Function-as-a-Service by End-Use - BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 109: Rest of Europe 7-Year Perspective for Function-as-a-Service by End-Use - Percentage Breakdown of Value Sales for BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses for the Years 2024 & 2030
ASIA-PACIFIC
  • Function-as-a-Service Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Table 110: Asia-Pacific Recent Past, 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 2023 through 2030 and % CAGR
  • Table 111: Asia-Pacific 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 2024 & 2030
  • Table 112: Asia-Pacific Recent Past, 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 2023 through 2030 and % CAGR
  • Table 113: Asia-Pacific 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 2024 & 2030
  • Table 114: Asia-Pacific Recent Past, 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 2023 through 2030 and % CAGR
  • Table 115: Asia-Pacific 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 2024 & 2030
  • Table 116: Asia-Pacific Recent Past, Current & Future Analysis for Function-as-a-Service by End-Use - BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 117: Asia-Pacific 7-Year Perspective for Function-as-a-Service by End-Use - Percentage Breakdown of Value Sales for BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses for the Years 2024 & 2030
REST OF WORLD
  • Table 118: Rest of World Recent Past, 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 2023 through 2030 and % CAGR
  • Table 119: Rest of World 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 2024 & 2030
  • Table 120: Rest of World Recent Past, 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 2023 through 2030 and % CAGR
  • Table 121: Rest of World 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 2024 & 2030
  • Table 122: Rest of World Recent Past, 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 2023 through 2030 and % CAGR
  • Table 123: Rest of World 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 2024 & 2030
  • Table 124: Rest of World Recent Past, Current & Future Analysis for Function-as-a-Service by End-Use - BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
  • Table 125: Rest of World 7-Year Perspective for Function-as-a-Service by End-Use - Percentage Breakdown of Value Sales for BFSI, Consumer Goods & Retail, Media & Entertainment and Other End-Uses for the Years 2024 & 2030
IV. COMPETITION

Companies Mentioned

  • 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.

Table Information