Global Serverless Architecture Market Size Study, By type, By Application and Regional Forecasts 2021-2026

Global Serverless Architecture Market will report double digit CAGR during the forecast period. The rising need to optimize the infrastructure cost of the organizations is the major driving factor for the growth of the serverless architecture market in the forecast period. Server management in the organizations is required to monitor the apps and activities running on the server and server management is expensive and is a complex task. Serverless architecture does not need to manage servers which leads to lower incurred costs. The growing need to remove the management servers and the shift to move from CAPEX to OPEX is expected to accelerate the serverless architecture market growth in the next five years. Serverless architecture is easy to deploy, and the codes can be released immediately without taking infrastructure into account and in a lower time than the traditional servers. With the surge in data generation through various sources and the need to effectively utilize the data, organizations are investing in the adoption of advanced IT infrastructure and obtaining technical expertise to ensure hassle-free workflow in the organizations. The surge in demand from prominent industry verticals such as BFSI, healthcare, life sciences, retail, and the development of the e-commerce sector is expected to boost the growth of the serverless architecture market.

Posted By : SmithBen // in Business