Product Code: VMR11215845
The global demand for Function As A Service Market is presumed to reach the market size of nearly USD 12347.5 Million by 2032 from USD 3282.29 Million in 2023 with a CAGR of 15.86% under the study period 2024-2032.
Function as a service (FaaS) refers to the cloud computing services category that offers a platform that lets customers run, develop, and manage the application. FaaS (Function-as-a-Service) enables a user to execute code in reaction to events without the need for difficult infrastructure characteristically associated with building and launching microservices applications. Function-as-a-Service (FaaS) is a serverless way to execute modular pieces of code on edge. FaaS lets developers to update and write a code on the fly, which can be later executed in respond to an event, like a user clicking on an element in a web application.
MARKET DYNAMICS
The rising usage of hybrid cloud as compared to other cloud is the major factor driving the Function as a service market. The rise in fluctuating demand for computing and processing leads to high market demand from the companies as the hybrid cloud deployment provides companies an ability to scale their on-premises infrastructure. The growing shift towards serverless computing and increasing focus towards agility of infrastructure and cost reduction is prompting high market demand in the forecast period. Moreover, the high growth of cloud-based services and the rise in IoT-based devices are likely to create growth opportunities for key players of the Function as a service market in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Function As A Service Market. The growth and trends of Function As A Service Market industry provide a holistic approach to this study.
MARKET SEGMENTATION
This section of the Function As A Service market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Developer Centric FaaS
- Operator Centric FaaS
By Service
- Service Monitoring And Management
- Automation Integration Services
- Maintenance Services
- Consulting Services
- Others
By End Use Industry
- Defense And Surveillance
- Telecommunication
- Banking And Finance
- Healthcare
- Media And Entertainment
- Hi Tech Industry
- Manufacturing
- Others
REGIONAL ANALYSIS
This section covers the regional outlook, which accentuates current and future demand for the Function As A Service Market market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Function As A Service market include Oracle Corporation, Microsoft Corporation, Google Inc., New York, Amazon Web Services Inc., SAP SE, Dynatrace LLC, International Business Machines Corporation, Rogue Wave Software Inc, Infosys Limited, VMware Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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TABLE OF CONTENTS
1. PREFACE
- 1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3. FUNCTION AS A SERVICE MARKET - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Service
- 3.7.3 Market Attractiveness Analysis By End Use Industry
- 3.7.4 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend
5. GLOBAL FUNCTION AS A SERVICE MARKET ANALYSIS BY TYPE
- 5.1. Overview By Type
- 5.2. Historical and Forecast Data Analysis By Type
- 5.3. Developer Centric FaaS Historic and Forecast Sales By Regions
- 5.4. Operator Centric FaaS Historic and Forecast Sales By Regions
6. GLOBAL FUNCTION AS A SERVICE MARKET ANALYSIS BY SERVICE
- 6.1. Overview By Service
- 6.2. Historical and Forecast Data Analysis By Service
- 6.3. Service Monitoring And Management Historic and Forecast Sales By Regions
- 6.4. Automation Integration Services Historic and Forecast Sales By Regions
- 6.5. Maintenance Services Historic and Forecast Sales By Regions
- 6.6. Consulting Services Historic and Forecast Sales By Regions
- 6.7. Others Historic and Forecast Sales By Regions
7. GLOBAL FUNCTION AS A SERVICE MARKET ANALYSIS BY END USE INDUSTRY
- 7.1. Overview By End Use Industry
- 7.2. Historical and Forecast Data Analysis By End Use Industry
- 7.3. Defense And Surveillance Historic and Forecast Sales By Regions
- 7.4. Telecommunication Historic and Forecast Sales By Regions
- 7.5. Banking And Finance Historic and Forecast Sales By Regions
- 7.6. Healthcare Historic and Forecast Sales By Regions
- 7.7. Media And Entertainment Historic and Forecast Sales By Regions
- 7.8. Hi Tech Industry Historic and Forecast Sales By Regions
- 7.9. Manufacturing Historic and Forecast Sales By Regions
- 7.10. Others Historic and Forecast Sales By Regions
8. GLOBAL FUNCTION AS A SERVICE MARKET ANALYSIS BY GEOGRAPHY
- 8.1. Regional Outlook
- 8.2. Introduction
- 8.3. North America Sales Analysis
- 8.3.1 Overview, Historic and Forecast Data Sales Analysis
- 8.3.2 North America By Segment Sales Analysis
- 8.3.3 North America By Country Sales Analysis
- 8.3.4 United States Sales Analysis
- 8.3.5 Canada Sales Analysis
- 8.3.6 Mexico Sales Analysis
- 8.4. Europe Sales Analysis
- 8.4.1 Overview, Historic and Forecast Data Sales Analysis
- 8.4.2 Europe By Segment Sales Analysis
- 8.4.3 Europe By Country Sales Analysis
- 8.4.4 United Kingdom Sales Analysis
- 8.4.5 France Sales Analysis
- 8.4.6 Germany Sales Analysis
- 8.4.7 Italy Sales Analysis
- 8.4.8 Russia Sales Analysis
- 8.4.9 Rest Of Europe Sales Analysis
- 8.5. Asia Pacific Sales Analysis
- 8.5.1 Overview, Historic and Forecast Data Sales Analysis
- 8.5.2 Asia Pacific By Segment Sales Analysis
- 8.5.3 Asia Pacific By Country Sales Analysis
- 8.5.4 China Sales Analysis
- 8.5.5 India Sales Analysis
- 8.5.6 Japan Sales Analysis
- 8.5.7 South Korea Sales Analysis
- 8.5.8 Australia Sales Analysis
- 8.5.9 South East Asia Sales Analysis
- 8.5.10 Rest Of Asia Pacific Sales Analysis
- 8.6. Latin America Sales Analysis
- 8.6.1 Overview, Historic and Forecast Data Sales Analysis
- 8.6.2 Latin America By Segment Sales Analysis
- 8.6.3 Latin America By Country Sales Analysis
- 8.6.4 Brazil Sales Analysis
- 8.6.5 Argentina Sales Analysis
- 8.6.6 Peru Sales Analysis
- 8.6.7 Chile Sales Analysis
- 8.6.8 Rest of Latin America Sales Analysis
- 8.7. Middle East & Africa Sales Analysis
- 8.7.1 Overview, Historic and Forecast Data Sales Analysis
- 8.7.2 Middle East & Africa By Segment Sales Analysis
- 8.7.3 Middle East & Africa By Country Sales Analysis
- 8.7.4 Saudi Arabia Sales Analysis
- 8.7.5 UAE Sales Analysis
- 8.7.6 Israel Sales Analysis
- 8.7.7 South Africa Sales Analysis
- 8.7.8 Rest Of Middle East And Africa Sales Analysis
9. COMPETITIVE LANDSCAPE OF THE FUNCTION AS A SERVICE MARKET COMPANIES
- 9.1. Function As A Service Market Market Competition
- 9.2. Partnership/Collaboration/Agreement
- 9.3. Merger And Acquisitions
- 9.4. New Product Launch
- 9.5. Other Developments
10. COMPANY PROFILES OF FUNCTION AS A SERVICE MARKET INDUSTRY
- 10.1. Top Companies Market Share Analysis
- 10.2. Market Concentration Rate
- 10.3. Oracle Corporation
- 10.3.1 Company Overview
- 10.3.2 Company Revenue
- 10.3.3 Products
- 10.3.4 Recent Developments
- 10.4. Microsoft Corporation
- 10.4.1 Company Overview
- 10.4.2 Company Revenue
- 10.4.3 Products
- 10.4.4 Recent Developments
- 10.5. Google Inc.
- 10.5.1 Company Overview
- 10.5.2 Company Revenue
- 10.5.3 Products
- 10.5.4 Recent Developments
- 10.6. New York
- 10.6.1 Company Overview
- 10.6.2 Company Revenue
- 10.6.3 Products
- 10.6.4 Recent Developments
- 10.7. Amazon Web Services Inc.
- 10.7.1 Company Overview
- 10.7.2 Company Revenue
- 10.7.3 Products
- 10.7.4 Recent Developments
- 10.8. SAP SE
- 10.8.1 Company Overview
- 10.8.2 Company Revenue
- 10.8.3 Products
- 10.8.4 Recent Developments
- 10.9. Dynatrace LLC
- 10.9.1 Company Overview
- 10.9.2 Company Revenue
- 10.9.3 Products
- 10.9.4 Recent Developments
- 10.10. International Business Machines Corporation
- 10.10.1 Company Overview
- 10.10.2 Company Revenue
- 10.10.3 Products
- 10.10.4 Recent Developments
- 10.11. Rogue Wave Software Inc
- 10.11.1 Company Overview
- 10.11.2 Company Revenue
- 10.11.3 Products
- 10.11.4 Recent Developments
- 10.12. Infosys Limited
- 10.12.1 Company Overview
- 10.12.2 Company Revenue
- 10.12.3 Products
- 10.12.4 Recent Developments
- 10.13. VMware Inc
- 10.13.1 Company Overview
- 10.13.2 Company Revenue
- 10.13.3 Products
- 10.13.4 Recent Developments
Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies