The global demand for Microservices Architecture Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Microservice architecture is a software development technique that structures an application as a collection of services. It focusses on building single-function modules with well-defined interfaces and operations, enabling the rapid, frequent, and reliable delivery of large, complex applications. The main benefit of using microservices is that development teams can build new apps components as per changing business needs.
Growing digitalization and shift from monolithic to microstructure is stimulating the growth of the market. More and more businesses are turning digital to grab opportunities. The trend has grown popular as enterprises look to become more Agile and move towards a DevOps and continuous testing. Microservices have many benefits for tech stars and have evolved from monolithic. Microservice architectures can provide significant benefits: decoupling, componentization, business capability, autonomy, continuous delivery, responsibility, governance, and agility. Giant stars such as Amazon, Netflix, LinkedIn, Spotify, SoundCloud, and other companies have evolved their applications towards a microservice architecture. Microservice architectures are evolving to support a more extensive, more diverse user base, leading to the creation of even more advanced technologies.
The 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 inclusive assessment of each application/product segment in the global market of Microservices Architecture.
The entire Microservices Architecture market has been sub-categorized into component, deployment mode, organization size, and industry vertical. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Deployment Mode
By Organization Size
By Industry Vertical
- Large Enterprises
- Small & Medium Enterprises
- Retail & Ecommerce
- IT & Telecom
This section covers regional segmentation which accentuates on current and future demand for Microservices Architechture market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Microservices Architecture Market Share by Region (Representative Graph)
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 Microservices Architecture market include Tata Consultancy Services Limited, IBM Corporation, Microsoft Corporation, Oracle, Salesforce.com. This section includes 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.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.