This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The serverless architecture market size has grown exponentially in recent years. It will grow from $14.57 billion in 2024 to $17.88 billion in 2025 at a compound annual growth rate (CAGR) of 22.8%. The growth in the historic period can be attributed to advancements in computing technology, cost reduction and scalability, unconditional development and deployment, elimination of traditional approaches, rising need for automation and integration.
The serverless architecture market size is expected to see exponential growth in the next few years. It will grow to $41.14 billion in 2029 at a compound annual growth rate (CAGR) of 23.2%. The growth in the forecast period can be attributed to expected market size growth, segmentation and regional growth, rising adoption across industries, enhanced scalability and time-to-market, growth in end-user industries. Major trends in the forecast period include digital-centric business model, advancements in computing technology, increasing vertical utilization, rising adoption of DevOps, and geographic expansion and investments.
The rising need for serverless computing for DevOps practices is expected to propel the growth of the serverless architecture market going forward. Serverless computing is a cloud computing paradigm that enables developers to create and deploy applications on externally managed Infrastructure. This eliminates concerns regarding capacity planning, configuration, management, maintenance, fault tolerance, or scaling of containers, virtual machines (VMs), or physical servers. Serverless cloud computing enhances DevOps practices by enabling automatic scaling, reducing operational complexity, and facilitating the rapid deployment of microservices. For instance, in January 2024, according to AAG IT, a UK-based IT services company, Infrastructure as a Service (IaaS) revenues increased by 29.7%, totaling $120.3 billion in 2022. Further, over 98% of organizations leverage cloud services, including SaaS applications and fully cloud-native networks. Furthermore, projections indicate a 23% growth in cloud infrastructure spending for 2023. Therefore, the rising need for serverless computing for DevOps practices is driving the growth of the serverless architecture market.
Major companies operating in the serverless architecture market are developing advanced technologies, such as serverless solutions, to serve customers better with advanced features. A serverless solution refers to a software architecture and deployment model where the responsibility for server management, provisioning, and maintenance is shifted entirely to the cloud provider. In a serverless solution, developers focus on writing code for specific functions or services without the need to manage the underlying infrastructure. For instance, in May 2022, DigitalOcean Holdings Inc., a US-based technology company and cloud infrastructure provider, launched a new serverless solution, DigitalOcean Functions, for developers and small and medium businesses. It will allow developers to construct or expand their apps quickly without worrying about the infrastructure. The solution will provide fast, scalable, and cost-effective solutions, enabling organizations to build websites and mobile-based applications quickly, automatically scale, and save money by eliminating the need to pay for unused resources.
In April 2024, Cloudflare, a U.S.-based technology and cloud infrastructure provider, acquired Baselime, a UK-based platform specializing in serverless cloud application development, for an undisclosed amount. This acquisition aims to integrate real-time logging, metrics, and tracing functionalities into Cloudflare's serverless platform, enabling improved insight and performance tracking for serverless workloads. Baselime’s expertise in serverless computing aligns with Cloudflare’s strategy to strengthen its serverless architecture tools and expand its capabilities in cloud infrastructure.
Major companies operating in the serverless architecture market are Google LLC, Microsoft Corporation, Amazon Web Services Inc., International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Broadcom Inc., Salesforce.com Inc, NTT Data Corporation, VMware Inc, Alibaba Cloud, Palo Alto Networks Inc, Twilio Inc, Red Hat Inc, Rackspace Technology Inc, Tibco Software, Cloudflare Inc, Dynatrace Inc., Auth0 Inc, Joyent Inc, Spotinst Ltd, Fiorano Software Inc., Platform9 Systems Inc, PubNub Inc, OpenStack Foundation, Iron.io Inc, Nimbella Corporation, Stackery Inc, Computer Associates International Inc., OpenLegacy Inc.
North America was the largest region in the serverless architecture market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the serverless architecture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the serverless architecture market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The serverless architecture market includes revenues earned by entities through functions as a service (FaaS), automatic resource provisioning, identity and access management (IAM), monitoring and logging, and networking services. The market value includes the value of related goods sold by the service provider or included within the service offering. The serverless architecture market consists of sales of backend as a service (BaaS), event sources and triggers, serverless API gateways, serverless databases, and serverless containers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
Serverless architecture is a cloud computing model where the cloud provider manages the infrastructure and automatically allocates resources as needed to execute and scale applications. In a serverless architecture, developers do not need to worry about traditional server management tasks such as provisioning, scaling, and maintaining servers.
The main types of services in serverless architecture are automation and integration, application programming interface (API) management, monitoring, security, support and maintenance, training and consulting, and others. Automation and integration involve streamlining processes and connecting systems to enhance operational efficiency and seamless data flow, and serverless architecture facilitates event-driven automation and integration, allowing for seamless execution of functions triggered by events. They are deployed in public cloud, private cloud, and hybrid cloud models in organizations of all sizes, including large enterprises and SMEs. The serverless architecture is used in several applications, such as real-time file and stream processing, web application development, and the IoT backend in end-user verticals such as IT and telecommunications, BFSI, retail, healthcare, government, manufacturing, media and entertainment, and others.
The main types of services in serverless architecture are automation and integration, application programming interface (API) management, monitoring, security, support and maintenance, training and consulting, and others. Automation and integration involve streamlining processes and connecting systems to enhance operational efficiency and seamless data flow, and serverless architecture facilitates event-driven automation and integration, allowing for seamless execution of functions triggered by events. They are deployed in public cloud, private cloud, and hybrid cloud models in organizations of all sizes, including large enterprises and SMEs. The serverless architecture is used in several applications, such as real-time file and stream processing, web application development, and the IoT backend in end-user verticals such as IT and telecommunications, BFSI, retail, healthcare, government, manufacturing, media and entertainment, and others.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The serverless architecture market size has grown exponentially in recent years. It will grow from $14.57 billion in 2024 to $17.88 billion in 2025 at a compound annual growth rate (CAGR) of 22.8%. The growth in the historic period can be attributed to advancements in computing technology, cost reduction and scalability, unconditional development and deployment, elimination of traditional approaches, rising need for automation and integration.
The serverless architecture market size is expected to see exponential growth in the next few years. It will grow to $41.14 billion in 2029 at a compound annual growth rate (CAGR) of 23.2%. The growth in the forecast period can be attributed to expected market size growth, segmentation and regional growth, rising adoption across industries, enhanced scalability and time-to-market, growth in end-user industries. Major trends in the forecast period include digital-centric business model, advancements in computing technology, increasing vertical utilization, rising adoption of DevOps, and geographic expansion and investments.
The rising need for serverless computing for DevOps practices is expected to propel the growth of the serverless architecture market going forward. Serverless computing is a cloud computing paradigm that enables developers to create and deploy applications on externally managed Infrastructure. This eliminates concerns regarding capacity planning, configuration, management, maintenance, fault tolerance, or scaling of containers, virtual machines (VMs), or physical servers. Serverless cloud computing enhances DevOps practices by enabling automatic scaling, reducing operational complexity, and facilitating the rapid deployment of microservices. For instance, in January 2024, according to AAG IT, a UK-based IT services company, Infrastructure as a Service (IaaS) revenues increased by 29.7%, totaling $120.3 billion in 2022. Further, over 98% of organizations leverage cloud services, including SaaS applications and fully cloud-native networks. Furthermore, projections indicate a 23% growth in cloud infrastructure spending for 2023. Therefore, the rising need for serverless computing for DevOps practices is driving the growth of the serverless architecture market.
Major companies operating in the serverless architecture market are developing advanced technologies, such as serverless solutions, to serve customers better with advanced features. A serverless solution refers to a software architecture and deployment model where the responsibility for server management, provisioning, and maintenance is shifted entirely to the cloud provider. In a serverless solution, developers focus on writing code for specific functions or services without the need to manage the underlying infrastructure. For instance, in May 2022, DigitalOcean Holdings Inc., a US-based technology company and cloud infrastructure provider, launched a new serverless solution, DigitalOcean Functions, for developers and small and medium businesses. It will allow developers to construct or expand their apps quickly without worrying about the infrastructure. The solution will provide fast, scalable, and cost-effective solutions, enabling organizations to build websites and mobile-based applications quickly, automatically scale, and save money by eliminating the need to pay for unused resources.
In April 2024, Cloudflare, a U.S.-based technology and cloud infrastructure provider, acquired Baselime, a UK-based platform specializing in serverless cloud application development, for an undisclosed amount. This acquisition aims to integrate real-time logging, metrics, and tracing functionalities into Cloudflare's serverless platform, enabling improved insight and performance tracking for serverless workloads. Baselime’s expertise in serverless computing aligns with Cloudflare’s strategy to strengthen its serverless architecture tools and expand its capabilities in cloud infrastructure.
Major companies operating in the serverless architecture market are Google LLC, Microsoft Corporation, Amazon Web Services Inc., International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Broadcom Inc., Salesforce.com Inc, NTT Data Corporation, VMware Inc, Alibaba Cloud, Palo Alto Networks Inc, Twilio Inc, Red Hat Inc, Rackspace Technology Inc, Tibco Software, Cloudflare Inc, Dynatrace Inc., Auth0 Inc, Joyent Inc, Spotinst Ltd, Fiorano Software Inc., Platform9 Systems Inc, PubNub Inc, OpenStack Foundation, Iron.io Inc, Nimbella Corporation, Stackery Inc, Computer Associates International Inc., OpenLegacy Inc.
North America was the largest region in the serverless architecture market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the serverless architecture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the serverless architecture market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The serverless architecture market includes revenues earned by entities through functions as a service (FaaS), automatic resource provisioning, identity and access management (IAM), monitoring and logging, and networking services. The market value includes the value of related goods sold by the service provider or included within the service offering. The serverless architecture market consists of sales of backend as a service (BaaS), event sources and triggers, serverless API gateways, serverless databases, and serverless containers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
Serverless architecture is a cloud computing model where the cloud provider manages the infrastructure and automatically allocates resources as needed to execute and scale applications. In a serverless architecture, developers do not need to worry about traditional server management tasks such as provisioning, scaling, and maintaining servers.
The main types of services in serverless architecture are automation and integration, application programming interface (API) management, monitoring, security, support and maintenance, training and consulting, and others. Automation and integration involve streamlining processes and connecting systems to enhance operational efficiency and seamless data flow, and serverless architecture facilitates event-driven automation and integration, allowing for seamless execution of functions triggered by events. They are deployed in public cloud, private cloud, and hybrid cloud models in organizations of all sizes, including large enterprises and SMEs. The serverless architecture is used in several applications, such as real-time file and stream processing, web application development, and the IoT backend in end-user verticals such as IT and telecommunications, BFSI, retail, healthcare, government, manufacturing, media and entertainment, and others.
The main types of services in serverless architecture are automation and integration, application programming interface (API) management, monitoring, security, support and maintenance, training and consulting, and others. Automation and integration involve streamlining processes and connecting systems to enhance operational efficiency and seamless data flow, and serverless architecture facilitates event-driven automation and integration, allowing for seamless execution of functions triggered by events. They are deployed in public cloud, private cloud, and hybrid cloud models in organizations of all sizes, including large enterprises and SMEs. The serverless architecture is used in several applications, such as real-time file and stream processing, web application development, and the IoT backend in end-user verticals such as IT and telecommunications, BFSI, retail, healthcare, government, manufacturing, media and entertainment, and others.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Serverless Architecture Market Characteristics3. Serverless Architecture Market Trends and Strategies4. Serverless Architecture Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Covid and Recovery on the Market32. Global Serverless Architecture Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Serverless Architecture Market34. Recent Developments in the Serverless Architecture Market
5. Global Serverless Architecture Growth Analysis and Strategic Analysis Framework
6. Serverless Architecture Market Segmentation
7. Serverless Architecture Market Regional and Country Analysis
8. Asia-Pacific Serverless Architecture Market
9. China Serverless Architecture Market
10. India Serverless Architecture Market
11. Japan Serverless Architecture Market
12. Australia Serverless Architecture Market
13. Indonesia Serverless Architecture Market
14. South Korea Serverless Architecture Market
15. Western Europe Serverless Architecture Market
16. UK Serverless Architecture Market
17. Germany Serverless Architecture Market
18. France Serverless Architecture Market
19. Italy Serverless Architecture Market
20. Spain Serverless Architecture Market
21. Eastern Europe Serverless Architecture Market
22. Russia Serverless Architecture Market
23. North America Serverless Architecture Market
24. USA Serverless Architecture Market
25. Canada Serverless Architecture Market
26. South America Serverless Architecture Market
27. Brazil Serverless Architecture Market
28. Middle East Serverless Architecture Market
29. Africa Serverless Architecture Market
30. Serverless Architecture Market Competitive Landscape and Company Profiles
31. Serverless Architecture Market Other Major and Innovative Companies
35. Serverless Architecture Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Serverless Architecture Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on serverless architecture market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for serverless architecture? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The serverless architecture market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Service: Automation And Integration; Application Programming Interfaces (APIs) Management; Monitoring; Security; Support And Maintenance; Training And Consulting; Other Services2) By Deployment Model: Public Cloud; Private Cloud; Hybrid Cloud
3) By Organization: Large Enterprise; Small And Medium-Sized Enterprises (SMEs)
4) By Application: Real-Time File And Stream Processing; Web Application Development; IoT Backend
5) By Vertical: Information Technology (IT) And Telecommunications; Banking, Financial Services And Insurance (BFSI); Retail; Healthcare; Government; Manufacturing; Media And Entertainment; Other Verticals
Subsegments:
1) By Automation And Integration: Workflow Automation; Event-Driven Automation2) By Application Programming Interfaces (APIs) Management: API Gateway Services; API Lifecycle Management
3) By Monitoring: Performance Monitoring; Logging and Analytics
4) By Security: Access Control; Data Encryption
5) By Support And Maintenance: Technical Support; System Updates
6) By Training And Consulting: Implementation Consulting; Best Practices Training
7) By Other Services: Custom Development; Migration Services
Key Companies Mentioned: Google LLC; Microsoft Corporation; Amazon Web Services Inc.; International Business Machines Corporation; Cisco Systems Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Serverless Architecture market report include:- Google LLC
- Microsoft Corporation
- Amazon Web Services Inc.
- International Business Machines Corporation
- Cisco Systems Inc.
- Oracle Corporation
- Broadcom Inc.
- Salesforce.com Inc
- NTT Data Corporation
- VMware Inc
- Alibaba Cloud
- Palo Alto Networks Inc
- Twilio Inc
- Red Hat Inc
- Rackspace Technology Inc
- Tibco Software
- Cloudflare Inc
- Dynatrace Inc.
- Auth0 Inc
- Joyent Inc
- Spotinst Ltd
- Fiorano Software Inc.
- Platform9 Systems Inc
- PubNub Inc
- OpenStack Foundation
- Iron.io Inc
- Nimbella Corporation
- Stackery Inc
- Computer Associates International Inc.
- OpenLegacy Inc
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | March 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 17.88 Billion |
| Forecasted Market Value ( USD | $ 41.14 Billion |
| Compound Annual Growth Rate | 23.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 31 |
