Market Overview

Global Cloud Microservices Market 2017-2018 to 2026 - ResearchAndMarkets.com

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The "Cloud
microservices - Global Market Outlook (2017-2026)"
report has
been added to ResearchAndMarkets.com's offering.

According to the report, the Global Cloud Microservices Market accounted
for $587.24 million in 2017 and expected to grow at a CAGR of 19.8% to
reach $2,989.5 million by 2026.

The customer-oriented businesses and proliferation of microservices
architecture are some of the factors fuelling the market growth. On the
other side, compliance and security are hampering the market growth. The
emergence and implementation of technologies like IoT and cloud based
applications provide ample opportunities for the market.

Based on deployment mode, the hybrid cloud is witnessing an increase in
its adoption. This deployment type is expected to drive, due to its
variety of features and functionalities, such as reliability, speed in
accessing information, pay-per-usage model and lower operational costs.
The businesses are quickly switching to the hybrid cloud deployment mode
due to the security and privacy aspects in the public cloud deployment
mode.

By vertical, banking, financial services and insurance growth in cloud
microservices is attributed to the increasing financial services, IT
automation, and reforms in economy & banking services globally. The
cloud microservices architecture helps banking, financial services and
insurance organizations by enhancing the application development
process, streamlining business operations, and enriching customer
experience.

With respect to geography, Asia Pacific region is growing predominantly.
The market growth in this region can be projected to the technological
developments in different industry verticals, such as education,
banking, financial and insurance, government, healthcare, transportation
and logistics, and retail etc.

At present, the majority of organizations are fairly behind the curve in
leveraging cloud microservices platform, but this is expected to change
due to the accessibility of low-cost, cloud-based microservices. China,
India, Japan, South Korea, and Australia are some of the APAC countries
expected to constitute a major portion of the global cloud microservices
market.

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Cloud Microservices Market, By Deployment Mode

6 Global Cloud Microservices Market, By Component

7 Global Cloud Microservices Market, By Organization Size

8 Global Cloud Microservices Market, By Vertical

9 Global Cloud Microservices Market, By Geography

10 Key Developments

11 Company Profiling

  • AWS
  • CA Technologies
  • IBM
  • Microsoft
  • Salesforce
  • NGINX
  • Oracle
  • Pivotal Software
  • Syntel
  • SmartBear Software
  • Weaveworks
  • Contino
  • OpenLegacy
  • CoScale
  • Software AG

For more information about this report visit https://www.researchandmarkets.com/research/g7l7vn/global_cloud?w=4

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