Microservices Architecture Market Research Report-Global Forecast 2023

Microservices Architecture Market Research Report-Global Forecast 2023

ID: MRFR/ICT/2271-HCRR | October, 2018 | Region: Global | 100 pages | Half-Cooked Research Reports

Microservices Architecture Market, By Deployment (Cloud, On-Premise), By Service (Inventory Microservice, Accounting Microservice), By Vertical (Energy & Utilities, IT & Telecommunication, BFSI) - Forecast 2023


Market Synopsis of Microservices Architecture Market:


Market Scenario:


Microservice architecture is defined as a method for development of application in which the large application is divided into small modular services. Each module assist a specific business goal and uses simple language with well-defined interface to communicate with other services.


Microservice architecture is increasingly adopted by organization as an inbuilt mechanism for developing enterprise application. Cloud based solution such as software as a service (SaaS) and platform as a service (PaaS) is driving the market.Categroization of connected device such as smartphones, tablets, drones, wearable, smart home appliances and fitness tracker is driving the microservices architecture market.The key trends that is majorly effecting the market include loose coupling, deployment and domain driven design. As microservices operates on simple and smaller services, there is an increase demand for cloud solution and is one of the important factor driving the market.


The advantage of microservices architecture includes improvement in fault isolation system, provide easy platform for new developer and helps to eradicate long term commitment on single technology. The adoption of microservice architecture has assist many big enterprises to begin there transitions as compared to monolithic design structure.


By deployment segment, the microservices architecture market includes cloud based and on-premise. The adoption of cloud based microservices architecture is driving the market. Cloud based microservices architecture provides scalability, cost efficiency and 24x7 availability. To enable organization with healthy microservices, cloud based platform automatically shift the instances to servers or vendor management system when the software or hardware on which they are running fails.


The microservices architecture market is expected to grow at approx. USD 33 Billion by 2023, at 17% of CAGR between 2017 and 2023. 


Study Objectives of Microservices Architecture Market:



  • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the microservices architecture market.

  • To provide insights about factors affecting the market growth.

  • To analyze the microservices architecture market based porter’s five force analysis etc.

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).

  • To provide country level analysis of the market with respect to the current market size and future prospective.

  • To provide country level analysis of the market for segment on the basis of deployment, service and vertical.

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the microservices architecture market.  


Microservices Architecture Market
Microservices Architecture Market


Key Players:


The prominent players in the microservices architecture market are – Cognizant (U.S.), International Business Machines Corporation (U.S), Microsoft Corporation (U.S.), Datawire (U.S.), Infosys Limited (India), Mulesoft (U.S.), Software AG (Germany), Nginx Inc. (U.S.), Salesforce.Com, Inc. (U.S.) among others. 


Segments:


Microservices Architecture Market for segment on the basis of by deployment, by type and by Vertical.


Microservices Architecture Market by Deployment:



  • Cloud based

  • On-Premise


Microservices Architecture Market by Service:



  • Inventory Microservice

  • Accounting Microservice

  • Shipping Microservice

  • Store Microservice


Microservices Architecture Market by Vertical:



  • Healthcare

  • BFSI

  • Government

  • IT & Telecommunication

  • Manufacturing

  • Retail

  • Energy & Utilities

  • Media & Entertainment

  • Others


Regional Analysis:


The regional analysis of microservice architecture market is being studied for region such as Asia Pacific, North America, Europe and Rest of the World. North America region accounts for higher market share. North America region possess highest market share due to major microservice architecture players present in the region. Asia-Pacific is expected to be fastest growing market as large number of organizations are adopting microservices architecture to meet needs of modern application development. 


  Intended Audience



  • Investors and consultants

  • System Integrators

  • Government Organizations

  • Research/Consultancy firms

  • Technology solution providers

  • IT Solution Providers

TABLE OF CONTENTS



1MARKET INTRODUCTION

1.1INTRODUCTION

1.2SCOPE OF STUDY

1.2.1RESEARCH OBJECTIVE

1.2.2ASSUMPTIONS

1.2.3LIMITATIONS

1.3MARKET STRUCTURE



2RESEARCH METHODOLOGY

2.1RESEARCH SERVICE

2.2PRIMARY RESEARCH

2.3SECONDARY RESEARCH

2.4FORECAST MODEL

2.4.1MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2MARKET SIZE ESTIMATION



3MARKET DYNAMICS

3.1INTRODUCTION

3.2MARKET DRIVERS

3.3MARKET CHALLENGES

3.4MARKET OPPORTUNITIES

3.5MARKET RESTRAINTS



4EXECUTIVE SUMMARY



5.MARKET FACTOR ANALYSIS

5.1PORTER’S FIVE FORCES ANALYSIS

5.2SUPPLY CHAIN ANALYSIS



6MICROSERVICES ARCHITECTURE MARKET, BY SEGMENTS

6.1INTRODUCTION

6.2MARKET STATISTICS

6.2.1 BY DEPLOYMENT

6.2.1.1 CLOUD BASED

6.2.1.2 ON-PREMISE

6.2.2BY SERVICE

6.2.2.1INVENTORY MICROSERVICES

6.2.2.2ACCOUNTING MICROSERVICES

6.2.2.3SHIPPING MICROSERVICES

6.2.2.2STORE MICROSERVICES

6.2.3BY VERTICAL

6.2.3.1RETAIL

6.2.3.2MEDIA

6.2.3.3ENERGY & UTILITIES

6.2.3.4BFSI

6.2.3.5 IT & TELECOMMUNICATION

6.2.3.6GOVERNMENT

6.2.3.7 HEALTHCARE

6.2.3.8MANUFACTURING

6.2.3.9 OTHERS

6.2.4 BY GEOGRAPHY

6.2.4.1NORTH AMERICA

6.2.4.2EUROPE

6.2.4.3ASIA-PACIFIC

6.2.4.4REST OF THE WORLD

7COMPETITIVE ANALYSIS

7.1MARKET SHARE ANALYSIS

7.2COMPANY PROFILES

7.2.1CONGNIZANT (U.S.)

7.2.2INTERNATIONAL BUSINESS MACHINES CORPORATION (U.S)

7.2.3MICROSOFT CORPORATION (U.S.)

7.2.4DATAWIRE (U.S.)

7.2.5INFOSYS LIMITED (INDIA)

7.2.6MULESOFT (U.S.)

7.2.7SOFTWARE AG (GERMANY)

7.2.8NGINX INC. (U.S.)

7.2.9SALESFORCE.COM, INC. (U.S.)

7.2.10OTHERS



LIST OF TABLES



TABLE 1MICROSERVICES ARCHITECTURE MARKET, BY DEPLOYMENT

TABLE 2MICROSERVICES ARCHITECTURE MARKET, BY SERVICE

TABLE 3MICROSERVICES ARCHITECTURE MARKET, BY VERTICAL

TABLE 4 MICROSERVICES ARCHITECTURE MARKET, BY REGION

TABLE 5 NORTH AMERICA MICROSERVICES ARCHITECTURE MARKET, BY DEPLOYMENT

TABLE 6NORTH AMERICA MICROSERVICES ARCHITECTURE MARKET, BY SERVICE

TABLE 7 NORTH AMERICA MICROSERVICES ARCHITECTURE MARKET, BY VERTICAL

TABLE 8 U.S. MICROSERVICES ARCHITECTURE MARKET, BY DEPLOYMENT

TABLE 9 U.S. MICROSERVICES ARCHITECTURE MARKET, BY SERVICE

TABLE 10U.S. MICROSERVICES ARCHITECTURE MARKET, BY VERTICAL

TABLE 11CANADA MICROSERVICES ARCHITECTURE MARKET, BY DEPLOYMENT

TABLE 12CANADA MICROSERVICES ARCHITECTURE MARKET, BY SERVICE

TABLE 13 CANADA MICROSERVICES ARCHITECTURE MARKET, BY VERTICAL

TABLE 14EUROPE MICROSERVICES ARCHITECTURE MARKET, BY DEPLOYMENT

TABLE 15EUROPE MICROSERVICES ARCHITECTURE MARKET, BY SERVICE

TABLE 16EUROPE MICROSERVICES ARCHITECTURE MARKET, BY VERTICAL

TABLE 17GERMANY MICROSERVICES ARCHITECTURE MARKET, BY DEPLOYMENT

TABLE 18GERMANY MICROSERVICES ARCHITECTURE MARKET, BY SERVICE

TABLE 19GERMANY MICROSERVICES ARCHITECTURE MARKET, BY VERTICAL

TABLE 20FRANCE MICROSERVICES ARCHITECTURE MARKET, BY DEPLOYMENT

TABLE 21FRANCE MICROSERVICES ARCHITECTURE MARKET, BY SERVICE

TABLE 22FRANCE MICROSERVICES ARCHITECTURE MARKET, BY VERTICAL

TABLE 23U.K. MICROSERVICES ARCHITECTURE MARKET, BY DEPLOYMENT

TABLE 24U.K. MICROSERVICES ARCHITECTURE MARKET, BY SERVICE

TABLE 25U.K. MICROSERVICES ARCHITECTURE MARKET, BY VERTICAL

TABLE 26REST OF EUROPE MICROSERVICES ARCHITECTURE MARKET, BY DEPLOYMENT

TABLE 27REST OF EUROPE MICROSERVICES ARCHITECTURE MARKET, BY SERVICE

TABLE 28REST OF EUROPE MICROSERVICES ARCHITECTURE MARKET, BY VERTICAL

TABLE 29ASIA-PACIFIC MICROSERVICES ARCHITECTURE MARKET, BY DEPLOYMENT

TABLE 30ASIA-PACIFIC MICROSERVICES ARCHITECTURE MARKET, BY SERVICE

TABLE 31ASIA-PACIFIC MICROSERVICES ARCHITECTURE MARKET, BY VERTICAL

TABLE 32REST OF THE WORLD MICROSERVICES ARCHITECTURE MARKET, BY DEPLOYMENT

TABLE 33REST OF THE WORLD MICROSERVICES ARCHITECTURE MARKET, BY SERVICE

TABLE 34REST OF THE WORLD MICROSERVICES ARCHITECTURE MARKET, BY VERTICAL





LIST OF FIGURES



FIGURE 1RESEARCH TYPE

FIGURE 2MICROSERVICES ARCHITECTURE MARKET: BY DEPLOYMENT (%)

FIGURE 3MICROSERVICES ARCHITECTURE MARKET: BY SERVICE (%)

FIGURE 4MICROSERVICES ARCHITECTURE MARKET: BY VERTICAL (%)

FIGURE 5 NORTH AMERICA MICROSERVICES ARCHITECTURE MARKET, BY DEPLOYMENT (%)

FIGURE 6NORTH AMERICA MICROSERVICES ARCHITECTURE MARKET, BY SERVICE (%)

FIGURE 7 NORTH AMERICA MICROSERVICES ARCHITECTURE MARKET, BY VERTICAL (%)

FIGURE 8EUROPE MICROSERVICES ARCHITECTURE MARKET, BY DEPLOYMENT (%)

FIGURE 9EUROPE MICROSERVICES ARCHITECTURE MARKET, BY SERVICE (%)

FIGURE 10 EUROPE MICROSERVICES ARCHITECTURE MARKET, BY VERTICAL (%)

FIGURE 11ASIA-PACIFIC MICROSERVICES ARCHITECTURE MARKET BY DEPLOYMENT (%)

FIGURE 12 ASIA-PACIFIC MICROSERVICES ARCHITECTURE MARKET, BY SERVICE (%)

FIGURE 13 ASIA-PACIFIC MICROSERVICES ARCHITECTURE MARKET, BY VERTICAL (%)

FIGURE 14ROW MICROSERVICES ARCHITECTURE MARKET, BY DEPLOYMENT (%)

FIGURE 15ROW MICROSERVICES ARCHITECTURE MARKET, BY SERVICE (%)

FIGURE 16 ROW MICROSERVICES ARCHITECTURE MARKET, BY VERTICAL (%)