Reports and Data has recently added a new research report titled, “Global Function-as-a-Service (FaaS) Market – Industry Analysis, Size, Share, Growth, Trends, & Forecast 2021-2028.” The report focuses on important industry aspects, existing and latest market trends. The report offers a comprehensive analysis of overall market scenario along with market size, revenue growth, drivers, restraints, challenges, limitations and top companies included in the global Function-as-a-Service (FaaS) market.
The information and communication technology sector is expanding at a robust pace over the recent past. Technological advancements in the ICT sector, Artificial Intelligence and robots, increasing demand for smartphones, laptops equipped with latest technologies, and growing adoption of cloud services and IOT are key factors boosting market growth. Rising investments in research and development activities, and increasing usage of internet services, social networking, are fueling global market growth. In addition, rising focus on data security, increasing enhanced techniques to store large amount of data and rising demand for smart and wireless devices are further fueling global Function-as-a-Service (FaaS) market growth.
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The global Function-as-a-Service (FaaS) market is extremely competitive and Dominant players in the global Function-as-a-Service (FaaS) market are developing various strategies such as mergers and acquisitions, new product launches, investment in research and development activities, corporate deals, and partnerships to strengthen their market position and expand their product base.
Key companies operating in the market: Google Inc., SAP SE, Microsoft Corporation, Infosys Limited, IBM Corporation, Tibco Software, Inc., Dynatrace LLC, Amazon Web Services Inc., Flowgear, and Fiorano Software and Affiliates, among others.
Key questions addressed in the global Function-as-a-Service (FaaS) market report:
- What revenue CAGR is the global Function-as-a-Service (FaaS) market projected to register over the forecast period?
- What are the key outcomes of Porter’s Five Force analysis of the global Function-as-a-Service (FaaS) market?
- What are the key restraints hampering global market growth?
- Which region is expected to account for largest revenue share between 2021 and 2028?
- Which key players are operating in the global Function-as-a-Service (FaaS) market?
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The global Function-as-a-Service (FaaS) market is further segmented into type and application:
User Type Outlook (Revenue: USD Billion; 2016-2026)
- Operator-Centric Function-as-a-Service
- Developer-Centric Function-as-a-Service
Service Type Outlook (Revenue: USD Billion; 2016-2026)
- Automation and Integration Services
- API Management Services
- Training and Consulting Services
- Microservice Monitoring and Management Services
- Support and Maintenance Services
Application Outlook (Revenue: USD Billion; 2016-2026)
- Web-Based and Mobile Application
- Research and Academic Application
Deployment Model Outlook (Revenue: USD Billion; 2016-2026)
- Public Cloud
- Private Cloud
- Hybrid Cloud
Industry Vertical Outlook (Revenue: USD Billion; 2016-2026)
- Banking, Financial Services, and Insurance
- Telecommunications and IT
- Government and Public Sector
- Healthcare and Life Sciences
- Retail and Consumer Goods
- Media and Entertainment
Regional Outlook of Function-as-a-Service (FaaS) Market:
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
The data is obtained through extensive primary and secondary research and is verified by experts in the industry. This data is well-presented using various pictorial representations like charts, diagrams, tables and graphs to make it easier for the user and investor understand the market scenario. It also provides complete analysis of the global Function-as-a-Service (FaaS) market with details about statistical tools such as SWOT and Porter’s Five Forces analysis.
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