Market Research Logo

Function-as-a-Service Market by User Type (Developer-Centric and Operator-Centric), Application (Web & Mobile Based, Research & Academic), Service Type, Deployment Model, Organization Size, Industry Vertical, and Region - Global Forecast to 2021

Function-as-a-Service Market by User Type (Developer-Centric and Operator-Centric), Application (Web & Mobile Based, Research & Academic), Service Type, Deployment Model, Organization Size, Industry Vertical, and Region - Global Forecast to 2021

Increasing shift from DevOps to serverless computing to drive the overall Function-as-a-Service market
The Function-as-a-Service (FaaS) market size is estimated to grow from USD 1.88 billion in 2016 to USD 7.72 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.7% owing to growing number of users adopting FaaS due to their easy deployment and execution ability. However, application portability issues on cloud environments acts as a major restraint in the overall growth of the market.

The developer-centric FaaS to dominate the market share during the forecast period
Developers are increasingly using FaaS platform for coding owing to their cost saving benefits. Moreover, they provide simpler methods for coding unlike other monolithic architectures. These benefits have helped drive the market share of the overall FaaS market.

The automation and integration segment is expected to be the most promising service type during the forecast period
The factors driving this sector include the need to quickly and efficiently integrate the associated microservices. Automation and integration services help reduce the computation time and drive the overall efficiency of the application which is further contributing to the growth of this market.

APAC is projected to witness the highest growth during the forecast period and North America is expected to hold the largest market share during the forecast period
APAC is expected to grow at the highest rate during the forecast period. Companies in APAC are continuously trying to improve market efficiency and further enhance customer satisfaction. This creates an opportunity for the FaaS solution and service providers. North America is expected to hold the largest market share and dominate the FaaS market in 2016. There are various factors that contribute to this growth; they are presence of pre-existing mature cloud infrastructure along with availability of employees who possess strong technical skills, increasing technologically advanced solutions and services, and high penetration into the growing industries of the market.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key industry personnel. The break-up of profiles of primary discussion participants is given below:
• By Company Type: Tier-1 (21%), Tier-2 (36%), and Tier-3 (43%) companies
• By Designation: C-level (43%), Director Level (21%), and Others (36%)
• By Region: North America (50%), Europe (20%), APAC (20%), and Rest of World (10%)

The list of FaaS vendors profiled in the report is as follows:
1. IBM (U.S.)
2. Google Inc. (U.S.)
3. Microsoft Corporation (U.S.)
4. Amazon Web Services(U.S.)
5. SAP SE (Germany)
6. Dynatrace LLC (U.S.)
7. Infosys Ltd. (India)
8. Rogue Wave Software Inc. (U.S.)
9. TIBCO Software Inc. (U.S.)
10. Fiorano Software and Affiliates (U.S.)

Research Coverage

The global FaaS market has been segmented on the basis of user type, service type, application, deployment model, and industry vertical. The various types of analysis covered in the study include FaaS cloud ecosystem, value chain analysis, competitive landscaping, and market dynamics.

Reasons to Buy the Report
The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the FaaS market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across different verticals and regions.
2. The report helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to better understand the competitors and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED IN THE REPORT
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • VENDOR DIVE MATRIX METHODOLOGY
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table FUNCTION-AS-A-SERVICE MARKET SIZE AND GROWTH RATE, 2014-2021 (USD BILLION, Y-O-Y %)
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE FUNCTION-AS-ASERVICE MARKET
    • FUNCTION-AS-A-SERVICE MARKET: MARKET SHARE OF TOP THREE SERVICES AND REGIONS, 2016
    • LIFECYCLE ANALYSIS, BY REGION
    • MARKET INVESTMENT SCENARIO
    • FUNCTION-AS-A-SERVICE MARKET: BY DEPLOYMENT MODEL, 2016-2021
  • MARKET OVERVIEW
    • INTRODUCTION
    • DEMAND ANALYSIS
    • MARKET EVOLUTION
    • MARKET SEGMENTATION
      • BY USER TYPE
      • BY SERVICE TYPE
      • BY APPLICATION
      • BY DEPLOYMENT MODEL
      • BY ORGANIZATION SIZE
      • BY INDUSTRY VERTICAL
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • ECOSYSTEM
    • STRATEGIC BENCHMARKING
  • FUNCTION-AS-A-SERVICE MARKET ANALYSIS, BY USER TYPE
    • INTRODUCTION
      • Table FUNCTION-AS-A-SERVICE MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
    • OPERATOR-CENTRIC FUNCTION-AS-A-SERVICE
      • Table OPERATOR-CENTRIC: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • DEVELOPER-CENTRIC FUNCTION-AS-A-SERVICE
      • Table DEVELOPER-CENTRIC: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • FUNCTION-AS-A-SERVICE MARKET ANALYSIS, BY SERVICE TYPE
    • INTRODUCTION
      • Table FUNCTION-AS-A-SERVICE MARKET SIZE, BY SERVICE TYPE, 2014-2021 (USD MILLION)
    • AUTOMATION AND INTEGRATION SERVICES
      • Table AUTOMATION AND INTEGRATION SERVICES: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • MICROSERVICE MONITORING AND MANAGEMENT SERVICES
      • Table MICROSERVICE MONITORING AND MANAGEMENT SERVICES: FUNCTION- AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • API MANAGEMENT SERVICES
      • Table API MANAGEMENT SERVICES: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • SUPPORT AND MAINTENANCE SERVICES
      • Table SUPPORT AND MAINTENANCE SERVICES: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • TRAINING AND CONSULTING SERVICES
      • Table OVERVIEW OF TRAINING AND CONSULTING SERVICES IN THE FUNCTION-AS-A-SERVICE MARKET
      • Table TRAINING AND CONSULTING SERVICES: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHERS
      • Table OTHERS: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • FUNCTION-AS-A-SERVICE MARKET ANALYSIS, BY APPLICATION
    • INTRODUCTION
      • Table FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • WEB-BASED AND MOBILE APPLICATION
      • Table WEB-BASED AND MOBILE APPLICATION: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • RESEARCH AND ACADEMIC APPLICATION
      • Table RESEARCH AND ACADEMIC APPLICATION: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHERS
      • Table OTHERS: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • FUNCTION-AS-A-SERVICE MARKET ANALYSIS, BY DEPLOYMENT MODEL
    • INTRODUCTION
      • Table FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT MODEL, 2014-2021 (USD MILLION)
    • PUBLIC CLOUD
      • Table PUBLIC CLOUD: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • PRIVATE CLOUD
      • Table PRIVATE CLOUD: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • HYBRID CLOUD
      • Table HYBRID CLOUD: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • FUNCTION-AS-A-SERVICE MARKET ANALYSIS, BY ORGANIZATION SIZE
    • INTRODUCTION
      • Table FUNCTION-AS-A-SERVICE MARKET SIZE, BY ORGANIZATION SIZE, 2014-2021 (USD MILLION)
    • SMALL AND MEDIUM ENTERPRISES
      • Table SMALL AND MEDIUM ENTERPRISES: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • LARGE ENTERPRISES
      • Table LARGE ENTERPRISES: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • FUNCTION-AS-A-SERVICE MARKET ANALYSIS, BY INDUSTRY VERTICAL
    • INTRODUCTION
      • Table FUNCTION-AS-A-SERVICE MARKET SIZE, BY INDUSTRY VERTICAL, 2014-2021 (USD MILLION)
    • BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI)
      • Table BANKING, FINANCIAL SERVICES, AND INSURANCE: FUNCTION-AS-A- SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • TELECOMMUNICATION AND ITES
      • Table TELECOMMUNICATION AND ITES: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • CONSUMER GOODS AND RETAIL
      • Table CONSUMER GOODS AND RETAIL: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • HEALTHCARE AND LIFE SCIENCES
      • Table HEALTHCARE AND LIFE SCIENCES: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • GOVERNMENT AND PUBLIC SECTOR
      • Table GOVERNMENT AND PUBLIC SECTOR: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • MANUFACTURING
      • Table MANUFACTURING: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • MEDIA AND ENTERTAINMENT
      • Table MEDIA AND ENTERTAINMENT: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHERS
      • Table OTHERS: FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table FUNCTION-AS-A-SERVICE MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: FUNCTION-AS-A-SERVICE MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: FUNCTION-AS-A-SERVICE MARKET SIZE, BY SERVICE TYPE, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT MODEL, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: FUNCTION-AS-A-SERVICE MARKET SIZE, BY ORGANIZATION SIZE, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: FUNCTION-AS-A-SERVICE MARKET SIZE, BY INDUSTRY VERTICAL, 2014-2021 (USD MILLION)
    • EUROPE
      • Table EUROPE: FUNCTION-AS-A-SERVICE MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table EUROPE: FUNCTION-AS-A-SERVICE MARKET SIZE, BY SERVICE TYPE, 2014-2021 (USD MILLION)
      • Table EUROPE: FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table EUROPE: FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT MODEL, 2014-2021 (USD MILLION)
      • Table EUROPE: FUNCTION-AS-A-SERVICE MARKET SIZE, BY ORGANIZATION SIZE, 2014-2021 (USD MILLION)
      • Table EUROPE: FUNCTION-AS-A-SERVICE MARKET SIZE, BY INDUSTRY VERTICAL, 2014-2021 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: FUNCTION-AS-A-SERVICE MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: FUNCTION-AS-A-SERVICE MARKET SIZE, BY SERVICE TYPE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT MODEL, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: FUNCTION-AS-A-SERVICE MARKET SIZE, BY ORGANIZATION SIZE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: FUNCTION-AS-A-SERVICE MARKET SIZE, BY INDUSTRY VERTICAL, 2014-2021 (USD MILLION)
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: FUNCTION-AS-A-SERVICE MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: FUNCTION-AS-A-SERVICE MARKET SIZE, BY SERVICE TYPE, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT MODEL, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: FUNCTION-AS-A-SERVICE MARKET SIZE, BY ORGANIZATION SIZE, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: FUNCTION-AS-A-SERVICE MARKET SIZE, BY INDUSTRY VERTICAL, 2014-2021 (USD MILLION)
    • LATIN AMERICA
      • Table LATIN AMERICA: FUNCTION-AS-A-SERVICE MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: FUNCTION-AS-A-SERVICE MARKET SIZE, BY SERVICE TYPE, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: FUNCTION-AS-A-SERVICE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: FUNCTION-AS-A-SERVICE MARKET SIZE, BY DEPLOYMENT MODEL, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: FUNCTION-AS-A-SERVICE MARKET SIZE, BY ORGANIZATION SIZE, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: FUNCTION-AS-A-SERVICE MARKET SIZE, BY INDUSTRY VERTICAL, 2014-2021 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • FUNCTION-AS-A-SERVICE MARKET: MNM DIVE – VENDOR COMPARISON
    • GROWTH STRATEGIES (2015-2017)
    • COMPETITIVE SITUATIONS AND TRENDS
      • PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS
        • Table PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2015-2017
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2015-2016
      • EXPANSIONS
        • Table EXPANSIONS, 2016
      • MERGERS AND ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2015-2016
  • COMPANY PROFILES
    • INTRODUCTION
    • INTERNATIONAL BUSINESS MACHINES CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GOOGLE INC.
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MICROSOFT CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • AMAZON WEB SERVICES INC.
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SAP SE
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • DYNATRACE LLC
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
    • INFOSYS LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • ROGUE WAVE SOFTWARE, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • TIBCO SOFTWARE INC.
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
    • FIORANO SOFTWARE AND AFFILIATES
      • BUSINESS OVERVIEW
      • PRODUCTS/SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • KEY INNOVATORS
      • MANJRASOFT PTY LTD
      • FLOWGEAR
      • SIXSQ SÀRL
  • APPENDIX
    • KEY INDUSTRY INSIGHTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report