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The Cloud Microservices market size is estimated to grow from USD 1.01 Billion in 2021 to USD 32.8 Billion by 2027, growing at a CAGR of 21.5 % during the forecast year from 2021 to 2027.
Generation of the microservices architecture, digital transformation and customer-aligned business are the factors driving the growth of the cloud microservices market. Increasing adoption of cloud-based applications in several industrialized sectors is the major driver in the market. Retail and E-Commerce, healthcare, IT and IT-enabled services, media and entertainment are the key end-user industries.
The Cloud Microservices market is segmented as component, organization size, deployment, industry vertical and region. Cloud Microservices has been witnessing a massive demand over the last few years, due to the digital transformations by organizations and the relevance of cloud-native applications.
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North America is anticipated to witness the largest share in the Cloud Microservices market during the forecast period; owing to the top vendors, such as IBM, Microsoft, and Amazon Web Services. Asia Pacific region is expected to grow at the highest CAGR during the forecast period, as the region is admirable for manufacturing units, which are gradually embracing the adoption of advanced technologies.
The research covers the current and historic Cloud Microservices market size and its growth trend with company outline of Key players/manufacturers: OpenLegacy, Microsoft, Marlabs Inc., Invision, GitHub Inc., Contino, Kontena, Broadcom, Idexcel Inc., Amazon Web Services, Inc., CA Technologies, Infosys Limited, NGINX Inc., Oracle, Pivotal Software, Inc., Syntel, Inc., Gurock, Marlabs Inc. and IBM among others.
The Cloud Microservices market research report provides an in-depth overview of the industry including market segmentation by component, service model, application, end-user and geography. Analysis of the global market with special focus on high growth application in each vertical and fast-growing market segments. It includes detailed competitive landscape with identification of the key players with respect to each type of market, in-depth market share analysis with individual revenue, market shares, and top players rankings. Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long-term landscapes. Competitive intelligence from the company profiles, key player strategies, game-changing developments such as product launches and acquisitions.
The objective of this study is to identify the market opportunities and estimate market size by segments and countries for last few years and to forecast the values to the next five years. The report incorporates both the qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. The report also covers qualitative analysis on the market, by incorporating complete pricing and cost analysis of components & products, Porter’s analysis and PEST (Political, Economic, Social & Technological factor) analysis of the market. The report also profiles all major companies active in this field.
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Market Analysis and Insights: Cloud Microservices Market Analysis & Insights
Cloud Microservices Market Scope and Market Size
Cloud Microservices market is segmented by component, organization size, deployment, industry vertical and region. Players, stakeholders, and other participants in the global Cloud Microservices market will be able to gain a strong position as this report will surely benefit their marketing strategies. The market analysis focuses on revenue and forecast by region/countries and by application in terms of revenue and forecast for the period 2016-2027.
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Report further studies the market development status and future and Cloud Microservices Market trend across the world. Also, it splits Cloud Microservices market segmentation by component, organization size, deployment, industry vertical and region to deep dive research and reveals market profile and prospects.
Major Classifications are as follows:
By Component
- Platform
- Services
- Consulting services
- Integration services
- Training, support and maintained services
By Deployment
- Public
- Hybrid
- Private
By Organization Size
- Small & Medium Enterprises (SMEs)
- Large Enterprises
By Industry Vertical
- BFSI
- IT and ITeS
- Telecommunications
- Government
- Healthcare
- Retail and eCommerce
- Media and Entertainment
- Transportation and Logistics
- Manufacturing
- Others (Education, Energy & Utilities, and Travel & Hospitality)
By Region
- North America
- Europe
- Middle East and Africa (MEA)
- Asia-Pacific (APAC)
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Reason to purchase this Cloud Microservices Market Report:
Determine prospective investment areas based on a detailed trend analysis of the global Cloud Microservices market over the next years.
- Gain an in-depth understanding of the underlying factors driving demand for different and Cloud Microservices market segments in the top spending countries across the world and identify the opportunities offered by each of them.
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
- Identify the major channels that are driving the global Cloud Microservices market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
- Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Cloud Microservices market.
- Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Cloud Microservices market providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.
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