Asia-Pacific 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

The Asia Pacific Serverless Computing Market is expected to witness market growth of 14.2% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific 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 $4.62 billion by 2031. The Japan market is registering a CAGR of 13.5% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 15% during 2024-2031.



In traditional computing models, organizations must set up and maintain servers on-premises or in the cloud to host their applications. This requires significant investment in infrastructure, constant monitoring, and manual scaling to handle varying workloads. Serverless computing eliminates these concerns by allowing users to deploy applications in a fully managed environment where the cloud provider handles all backend operations automatically. This includes scaling applications up or down based on demand, patching servers, and ensuring high availability.

Moreover, the expansion of serverless computing has been propelled by the rising integration of cloud technologies across various sectors. As businesses strive to modernize their IT infrastructure and keep pace with the demands of a digital-first, the flexibility and agility offered by serverless architectures have become indispensable. These platforms have rendered serverless technology accessible to enterprises of varying sizes, facilitating the development of scalable and resilient applications without the burden of overseeing physical or virtual servers.

Singapore has established itself as a regional center for serverless computing by capitalizing on its sophisticated digital infrastructure and favorable business policies. The country’s strong presence in fintech, logistics, and e-commerce drives the demand for serverless solutions to enhance scalability and efficiency. Government initiatives like the Smart Nation Program and investments in cloud infrastructure are fostering the adoption of serverless computing across public and private sectors. Singapore’s emphasis on innovation and its role as a hub for multinational corporations further enhance its market potential for serverless technologies. Therefore, with its dynamic market landscape and growing investments in technology, Asia Pacific is poised to become a major hub for serverless computing.

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

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific