Functions as a service market

Functions as a service market

The global function-as-a-service market size is expected to grow from $6.93 billion in 2021 to $8.59 billion in 2022 at a compound annual growth rate (CAGR) of 24.07%. The global function-as-a-service market size is expected to reach USD 20.96 billion in 2026 at a compound annual growth rate (CAGR) of 24.96%.

The business research company offers the Global Function as a Service Market Report 2022 in its Research Reports Store. This is the most comprehensive report available on this market and it will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the market size by region and country. It also compares historical and forecast market growth and highlights important trends and strategies that market players may adopt.

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The Function as a Service (FaaS) market includes sales of FaaS services by entities (organizations, sole proprietorships, and partnerships) that refer to cloud computing services used to create, run, manage, and compute software packages. ‘applications as functions without having to maintain their own infrastructure. FaaS is a category of cloud computing services that enables cloud customers to develop applications and deploy functionality. It divides servers into functions. Thus, they can automatically evolve into microservices without the need for independent infrastructure management.

Some Key Functions as a Service (FaaS) Market Players are Google Inc, Oracle Corporation, Microsoft Corporation, Amazon Web Services, SAP SE, TIBCO Software Inc, International Business Machines Corporation, Perforce Software Inc, Manjrasoft Pty Ltd, SixSq Sàrl , VMware Inc., Red Hat, Cloudfare and Alibaba, Netlify.

The countries covered in the global function as a service (FaaS) market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Republic Czech, Denmark, Egypt, Finland, France, Germany, Hong Kong, India. , Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, Korea South, Spain, Sweden, Switzerland, Thailand, Turkey, United Arab Emirates, United Kingdom, United States, Venezuela, Vietnam.

Regions covered in Global Function as a Service (FaaS) Market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Function as a Service (FaaS) Market Segmentation:

By department
1. Tablets
2. Smartphones
3. Game consoles
4. Laptops/PCs

By deployment model
1. Public cloud
2. Private cloud
3. Hybrid cloud

By company
1. Small and medium enterprises
2. Large companies

Per end user
1. Banking
2. Financial Services and Insurance (BFSI)
3. Information Technology (IT) and Telecommunications
4. Retail
5. Health and Life Sciences

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The table of contents of the report includes
1. Summary
2. Features of the function-as-a-service market
3. Function as a Service Market Trends and Strategies
4. Impact of COVID-19 on Function as a Service
5. Function as a Service Market Size and Growth
26. Africa functions as a service market
27. Function as a Service Market Competitive Landscape and Company Profiles
28. Key Mergers and Acquisitions in the Function as a Service Market
29. Function as a Service Market Future Outlook and Potential Analysis
30. Annex

This report covers Function as a Service (FaaS) market trends and dynamics in major countries – Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and United States. The report also includes consumer surveys and various future opportunities for the market.

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