Cloud microservices Market Research Report – Global Forecast till 2027

Cloud microservices Market Research, By Component (Platform, Services), Organization Size (Large Enterprise, SMEs), Deployment (Private, Public, Hybrid), Verticals (Retail and E-Commerce, Healthcare, Media & Entertainment)— Global Forecast till 2027

ID: MRFR/ICT/5733-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Synopsis


The global cloud microservices market was valued at USD 584.4 million in 2017 and is expected to reach USD 2,146.7 million by the end of the forecast period with a CAGR of 25.0%.


Cloud microservices is one of the prominent way to develop software systems focused on creating a single-platform operated archityectural module. These cloud microservices have seen major growth trend in the recent years due to higher deployment of cloud services in small and medium enterprises. This has enabled the enterprise to develop a agile testing services to create scalable, and reliable software architecture. The microservices architecture helps the enterprises to enable individual process on its own as a set of services that runs by an application programming interface (API). The cloud microservices enable enterprises to be highly maintainable, and predictable in identfying the errors, able to deploy services independently without depending upon other layers of services. Additionally, the cloud microservices help these enterprises to work over large, and complex applications.


The major driving factors that contribute towards the growth of the global cloud microservices market include increased proliferation of the microservices architecture, rising demand of low cost and secured IT operations, and increasing cloud services adoption. Moreover, the increasing disposition of enterprises towards private cloud for data secuerity, and minimizing the on-premise IT deployment cost. However, the factors that refrain the market growth include lack of technical expertise, and higher cost on initail deployment of microservices architecture.


Segmentation


The global cloud microservices market is segmented into component, organization size, deployment, verticals, and region.


By component, the market is segmented into platform, and services. Services is further segmented into consulting service, integration services, and maintenance & support services.


By organization size, the market is segmented into large enterprise and small and medium sized enterprises.


By deployment, the market is segmented into public cloud, private cloud, and hybrid cloud.


By vertical, the market is segmented into retail and e-commerce, healthcare, media & entertainment, BFSI, IT & telecommunication, government, transportation and logistics, and manufacturing.


By region, the cloud microservices market is segmented into North America, Europe, Asia-Pacific, and rest of the world.


Regional analysis


The global market for cloud microservices is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of cloud microservices market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America).


North American is one of major and early adopter of the microservices architecture. Various industries and verticals in this region are adopting cloud microservices to increase their business efficiency. However, Europe closely follows North America in terms of revenue generation owing to highly developed countries like the UK, and Germany. Asia-Pacific is the fastest growing region. This is due to various enterprises are deploying their business and facilities in Asia Pacific to churn out the minimal cost in providing services to customers.


Global Cloud Microservices Market, USD Billion

Source: MRFR Analysis


Key Players


The key players in the cloud microservices market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are— Amazon Web Services (US), CA Technologies, IBM Corporation (US), Microsoft Corporation (US), Salesforce.com Inc (US), Infosys Limited (India), Oracle Corporation (US), Syntel (US), SmartBear Software (US), and Software AG (Germany). These players contribute a major proportion towards market growth.


Apart from the top key players, the other players contribute nearly 30–35 % in the cloud microservices market. These include Contino (UK), CoScale (Belgium), Idexcel (US), Kontena (Finland), Macaw (US), Marlabs (US), Netifi (US), NGINX (US), OpenLegacy (US), Pivotal Software (US), RapidValue Solutions (US), RoboMQ (US), TCS (India), Unifyed (US), and Weaveworks (UK) and others.


Intended Audience



  • Government Agencies

  • Network Solution Providers

  • Independent Software Vendors

  • Consulting Firms

  • System Integrators

  • Research Institutes and Organizations

  • Technology Standards Organizations

  • Cloud Microservices Platform Vendors

  • Application Developers

  • Container Services Providers



Frequently Asked Questions (FAQ) :


The cloud microservices market can thrive at 25% CAGR by 2023.

The cloud microservices market can value at USD 2.1 Bn by 2023.

RapidValue Solutions (US), Pivotal Software (US), TCS (India), RoboMQ (US), and Unifyed (US) are some reputed names in the cloud microservices market.

The rise in demand for low cost IT operations can impel the cloud microservices market expansion.

Corporates in North America are adopting for cloud microservices, which can impel the market growth.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.3 Research Objectives

2.4 Markets Structure

3 Research Methodology

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining Power of Buyers

4.1.3 Threat of Substitutes

4.1.4 Segment Rivalry

4.1.5 Bargaining Power of Suppliers

4.2 Value Chain/Supply Chain of Cloud Microservices

5 Market Landscape

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7 Cloud Microservices Market by Component

7.1 Introduction

7.2 Platform

7.2.1 Market Estimates & Forecast, 2020–2027

7.3 Services

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Consulting Service

7.3.2.1 Market Estimates & Forecast, 2020–2027

7.3.3 Integration Service

7.3.3.1 Market Estimates & Forecast, 2020–2027

7.3.4 Maintenance & Support Services

7.3.4.1 Market Estimates & Forecast, 2020–2027

8 Cloud Microservices Market by Organization Size

8.1 Introduction

8.2 Large Enterprise

8.2.1 Market Estimates & Forecast, 2020–2027

8.3 Small and Medium Sized Enterprise

8.3.1 Market Estimates & Forecast, 2020–2027

9 Cloud Microservices Market by Deployment

9.1 Introduction

9.2 Public Cloud

9.2.1 Market Estimates & Forecast, 2020–2027

9.3 Private Cloud

9.3.1 Market Estimates & Forecast, 2020–2027

9.4 Hybrid Cloud

9.4.1 Market Estimates & Forecast, 2020–2027

10 Cloud Microservices Market by Vertical

10.1 Introduction

10.2 Retail and E-Commerce

10.2.1 Market Estimates & Forecast, 2020–2027

10.3 Healthcare

10.3.1 Market Estimates & Forecast, 2020–2027

10.4 Media & Entertainment

10.4.1 Market Estimates & Forecast, 2020–2027

10.5 BFSI

10.5.1 Market Estimates & Forecast, 2020–2027

10.6 IT & Telecommunication

10.6.1 Market Estimates & Forecast, 2020–2027

10.7 Government

10.7.1 Market Estimates & Forecast, 2020–2027

10.8 Transportation and Logistics

10.8.1 Market Estimates & Forecast, 2020–2027

10.9 Manufacturing

10.9.1 Market Estimates & Forecast, 2020–2027

11 Cloud Microservices Market by Region

11.1 Introduction

11.2 North America

11.2.1 Market Estimates & Forecast by Country, 2020–2027

11.2.2 Market Estimates & Forecast by Component, 2020–2027

11.2.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.2.4 Market Estimates & Forecast by Deployment, 2020–2027

11.2.5 Market Estimates & Forecast by Vertical, 2020–2027

11.2.6 US

11.2.6.1 Market Estimates & Forecast by Component, 2020–2027

11.2.6.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.2.6.3 Market Estimates & Forecast by Deployment, 2020–2027

11.2.6.4 Market Estimates & Forecast by Vertical, 2020–2027

11.2.7 Mexico

11.2.7.1 Market Estimates & Forecast by Component, 2020–2027

11.2.7.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.2.7.3 Market Estimates & Forecast by Deployment, 2020–2027

11.2.7.4 Market Estimates & Forecast by Vertical, 2020–2027

11.2.8 Canada

11.2.8.1 Market Estimates & Forecast by Component, 2020–2027

11.2.8.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.2.8.3 Market Estimates & Forecast by Deployment, 2020–2027

11.2.8.4 Market Estimates & Forecast by Vertical, 2020–2027

11.3 Europe

11.3.1 Market Estimates & Forecast by Country, 2020–2027

11.3.2 Market Estimates & Forecast by Component, 2020–2027

11.3.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.3.4 Market Estimates & Forecast by Deployment, 2020–2027

11.3.5 Market Estimates & Forecast by Vertical, 2020–2027

11.3.6 Germany

11.3.6.1 Market Estimates & Forecast by Component, 2020–2027

11.3.6.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.3.6.3 Market Estimates & Forecast by Deployment, 2020–2027

11.3.6.4 Market Estimates & Forecast by Vertical, 2020–2027

11.3.7 France

11.3.7.1 Market Estimates & Forecast by Component, 2020–2027

11.3.7.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.3.7.3 Market Estimates & Forecast by Deployment, 2020–2027

11.3.7.4 Market Estimates & Forecast by Vertical, 2020–2027

11.3.8 Italy

11.3.8.1 Market Estimates & Forecast by Component, 2020–2027

11.3.8.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.3.8.3 Market Estimates & Forecast by Deployment, 2020–2027

11.3.8.4 Market Estimates & Forecast by Vertical, 2020–2027

11.3.9 Spain

11.3.9.1 Market Estimates & Forecast by Component, 2020–2027

11.3.9.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.3.9.3 Market Estimates & Forecast by Deployment, 2020–2027

11.3.9.4 Market Estimates & Forecast by Vertical, 2020–2027

11.3.10 UK

11.3.10.1 Market Estimates & Forecast by Component, 2020–2027

11.3.10.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.3.10.3 Market Estimates & Forecast by Deployment, 2020–2027

11.3.10.4 Market Estimates & Forecast by Vertical, 2020–2027

11.4 Asia-Pacific

11.4.1 Market Estimates & Forecast by Country, 2020–2027

11.4.2 Market Estimates & Forecast by Component, 2020–2027

11.4.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.4.4 Market Estimates & Forecast by Deployment, 2020–2027

11.4.5 Market Estimates & Forecast by Vertical, 2020–2027

11.4.6 China

11.4.6.1 Market Estimates & Forecast by Component, 2020–2027

11.4.6.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.4.6.3 Market Estimates & Forecast by Deployment, 2020–2027

11.4.6.4 Market Estimates & Forecast by Vertical, 2020–2027

11.4.7 India

11.4.7.1 Market Estimates & Forecast by Component, 2020–2027

11.4.7.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.4.7.3 Market Estimates & Forecast by Deployment, 2020–2027

11.4.7.4 Market Estimates & Forecast by Vertical, 2020–2027

11.4.8 Japan

11.4.8.1 Market Estimates & Forecast by Component, 2020–2027

11.4.8.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.4.8.3 Market Estimates & Forecast by Deployment, 2020–2027

11.4.8.4 Market Estimates & Forecast by Vertical, 2020–2027

11.4.9 Rest of Asia-Pacific

11.4.9.1 Market Estimates & Forecast by Component, 2020–2027

11.4.9.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.4.9.3 Market Estimates & Forecast by Deployment, 2020–2027

11.4.9.4 Market Estimates & Forecast by Vertical, 2020–2027

11.5 Rest of the World

11.5.1 Market Estimates & Forecast by Country, 2020–2027

11.5.2 Market Estimates & Forecast by Component, 2020–2027

11.5.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.5.4 Market Estimates & Forecast by Deployment, 2020–2027

11.5.5 Market Estimates & Forecast by Vertical, 2020–2027

11.5.6 Middle East & Africa

11.5.6.1 Market Estimates & Forecast by Component, 2020–2027

11.5.6.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.5.6.3 Market Estimates & Forecast by Deployment, 2020–2027

11.5.6.4 Market Estimates & Forecast by Vertical, 2020–2027

11.5.7 Latin America

11.5.7.1 Market Estimates & Forecast by Component, 2020–2027

11.5.7.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.5.7.3 Market Estimates & Forecast by Deployment, 2020–2027

11.5.7.4 Market Estimates & Forecast by Vertical, 2020–2027

12 Competitive Landscape

13 Company Profiles

13.1 Amazon Web Services

13.1.1 Company Overview

13.1.2 Product/Business Segment Overview

13.1.3 Financial Updates

13.1.4 Key Developments

13.1.5 SWOT Analysis

13.1.6 Key Strategy

13.2 CA Technologies

13.2.1 Company Overview

13.2.2 Product/Business Segment Overview

13.2.3 Financial Updates

13.2.4 Key Developments

13.2.5 SWOT Analysis

13.2.6 Key Strategy

13.3 IBM Corporation

13.3.1 Company Overview

13.3.2 Product/Business Segment Overview

13.3.3 Financial Updates

13.3.4 Key Developments

13.3.5 SWOT Analysis

13.3.6 Key Strategy

13.4 Microsoft Corporation

13.4.1 Company Overview

13.4.2 Product/Business Segment Overview

13.4.3 Financial Updates

13.4.4 Key Developments

13.4.5 SWOT Analysis

13.4.6 Key Strategy

13.5 Salesforce.com Inc

13.5.1 Company Overview

13.5.2 Product/Business Segment Overview

13.5.3 Financial Updates

13.5.4 Key Developments

13.5.5 SWOT Analysis

13.5.6 Key Strategy

13.6 Infosys Limited

13.6.1 Company Overview

13.6.2 Product/Business Segment Overview

13.6.3 Financial Updates

13.6.4 Key Developments

13.6.5 SWOT Analysis

13.6.6 Key Strategy

13.7 Oracle Corporation

13.7.1 Company Overview

13.7.2 Product/Business Segment Overview

13.7.3 Financial Updates

13.7.4 Key Developments

13.7.5 SWOT Analysis

13.7.6 Key Strategy

13.8 Atos Syntel

13.8.1 Company Overview

13.8.2 Product/Business Segment Overview

13.8.3 Financial Updates

13.8.4 Key Developments

13.8.5 SWOT Analysis

13.8.6 Key Strategy

13.9 SmartBear Software

13.9.1 Company Overview

13.9.2 Product/Business Segment Overview

13.9.3 Financial Updates

13.9.4 Key Developments

13.9.5 SWOT Analysis

13.9.6 Key Strategy

13.10 Software AG (Germany)

13.10.1 Company Overview

13.10.2 Product/Business Segment Overview

13.10.3 Financial Updates

13.10.4 Key Developments

13.10.5 SWOT Analysis

13.10.6 Key Strategy

14 Conclusion

LIST OF TABLES

Table 1 Global Cloud Microservices Market, by Component, 2020–2027

Table 2 Global Cloud Microservices Market, by Organization Size, 2020–2027

Table 3 Global Cloud Microservices Market, by Deployment, 2020–2027

Table 4 Global Cloud Microservices Market, by Vertical, 2020–2027

Table 5 Global Cloud Microservices Market, by Region, 2020–2027

Table 6 North America: Cloud Microservices Market, by Country, 2020–2027

Table 7 North America Cloud Microservices, Market, by Component, 2020–2027

Table 8 North America Cloud Microservices, Market, by Organization Size, 2020–2027

Table 9 North America Cloud Microservices, Market, by Deployment, 2020–2027

Table 10 North America Cloud Microservices Market, by Vertical, 2020–2027

Table 11 US Cloud Microservices, Market, by Component, 2020–2027

Table 12 US Cloud Microservices, Market, by Organization Size, 2020–2027

Table 13 US Cloud Microservices, Market, by Deployment, 2020–2027

Table 14 US Cloud Microservices Market, by Vertical, 2020–2027

Table 15 Canada Cloud Microservices, Market, by Component, 2020–2027

Table 16 Canada Cloud Microservices, Market, by Organization Size, 2020–2027

Table 17 Canada Cloud Microservices, Market, by Deployment, 2020–2027

Table 18 Canada Cloud Microservices Market, by Vertical, 2020–2027

Table 19 Mexico Cloud Microservices, Market, by Component, 2020–2027

Table 20 Mexico Cloud Microservices, Market, by Organization Size, 2020–2027

Table 21 Mexico Cloud Microservices, Market, by Deployment, 2020–2027

Table 22 Mexico Cloud Microservices Market, by Vertical, 2020–2027

Table 23 Europe Cloud Microservices Market, by Country, 2020–2027

Table 24 Europe Cloud Microservices Market, by Component, 2020–2027

Table 25 Europe Cloud Microservices Market, by Organization Size, 2020–2027

Table 26 Europe Cloud Microservices Market, by Deployment, 2020–2027

Table 27 Europe Cloud Microservices Market, by Vertical, 2020–2027

Table 28 Germany Cloud Microservices Market, by Component, 2020–2027

Table 29 Germany Cloud Microservices Market, by Organization Size, 2020–2027

Table 30 Germany Cloud Microservices Market, by Deployment, 2020–2027

Table 31 Germany Cloud Microservices Market, by Vertical, 2020–2027

Table 32 France Cloud Microservices Market, by Component, 2020–2027

Table 33 France Cloud Microservices Market, by Organization Size, 2020–2027

Table 34 France Cloud Microservices Market, by Deployment, 2020–2027

Table 35 France Cloud Microservices Market, by Vertical, 2020–2027

Table 36 UK Cloud Microservices Market, by Component, 2020–2027

Table 37 UK Cloud Microservices Market, by Organization Size, 2020–2027

Table 38 UK Cloud Microservices Market, by Deployment, 2020–2027

Table 39 UK Cloud Microservices Market, by Vertical, 2020–2027

Table 40 Spain Cloud Microservices Market, by Component, 2020–2027

Table 41 Spain Cloud Microservices Market, by Organization Size, 2020–2027

Table 42 Spain Cloud Microservices Market, by Deployment, 2020–2027

Table 43 Spain Cloud Microservices Market, by Vertical, 2020–2027

Table 44 Italy Cloud Microservices Market, by Component, 2020–2027

Table 45 Italy Cloud Microservices Market, by Organization Size, 2020–2027

Table 46 Italy Cloud Microservices Market, by Deployment, 2020–2027

Table 47 Italy Cloud Microservices Market, by Vertical, 2020–2027

Table 48 Asia-Pacific Cloud Microservices Market, by Country, 2020–2027

Table 49 Asia-Pacific Cloud Microservices Market, by Component, 2020–2027

Table 50 Asia-Pacific Cloud Microservices Market, by Organization Size, 2020–2027

Table 51 Asia-Pacific Cloud Microservices Market, by Deployment, 2020–2027

Table 52 Asia-Pacific Cloud Microservices Market, by Vertical, 2020–2027

Table 53 China Cloud Microservices Market, by Component, 2020–2027

Table 54 China Cloud Microservices Market, by Organization Size, 2020–2027

Table 55 China Cloud Microservices Market, by Deployment, 2020–2027

Table 56 China Cloud Microservices Market, by Vertical, 2020–2027

Table 57 Japan Cloud Microservices Market, by Component, 2020–2027

Table 58 Japan Cloud Microservices Market, by Organization Size, 2020–2027

Table 59 Japan Cloud Microservices Market, by Deployment, 2020–2027

Table 60 Japan Cloud Microservices Market, by Vertical, 2020–2027

Table 61 India Cloud Microservices Market, by Component, 2020–2027

Table 62 India Cloud Microservices Market, by Organization Size, 2020–2027

Table 63 India Cloud Microservices Market, by Deployment, 2020–2027

Table 64 India Cloud Microservices Market, by Vertical, 2020–2027

Table 65 Rest of Asia-Pacific Cloud Microservices Market, by Component, 2020–2027

Table 66 Rest of Asia-Pacific Cloud Microservices Market, by Organization Size, 2020–2027

Table 67 Rest of Asia-Pacific Cloud Microservices Market, by Deployment, 2020–2027

Table 68 Rest of Asia-Pacific Cloud Microservices Market, by Vertical, 2020–2027

Table 69 Rest of the World Cloud Microservices Market, by Country, 2020–2027

Table 70 Rest of the world Cloud Microservices Market, by Component, 2020–2027

Table 71 Rest of the World Cloud Microservices Market, by Organization Size, 2020–2027

Table 72 Rest of the World Cloud Microservices Market, by Deployment, 2020–2027

Table 73 Rest of the World Cloud Microservices Market, by Vertical, 2020–2027


LIST OF FIGURES

FIGURE 1 Global Cloud Microservices Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Cloud Microservices Market

FIGURE 4 Value Chain of Global Cloud Microservices Market

FIGURE 5 Share of Global Cloud Microservices Market in 2020, by Country (in %)

FIGURE 6 Global Cloud Microservices Market, 2020–2027

FIGURE 7 Sub-segments of Component

FIGURE 8 Global Cloud Microservices Market Size, by Component, 2020

FIGURE 9 Share of Global Cloud Microservices Market, by Component, 2020 to 2027

FIGURE 12 Global Cloud Microservices Market Size, by Component, 2020

FIGURE 13 Share of Global Cloud Microservices Market, by Component, 2020 to 2027