The Asia Pacific Serverless Architecture Market would witness market growth of 27.5% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Serverless Architecture Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,495.5 million by 2031. The Japan market is registering a CAGR of 26.7% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 28.3% during (2024 - 2031).
Continuous Integration (CI) and Continuous Deployment (CD) are essential practices for modern software development. Serverless platforms simplify setting up and running CI/CD pipelines by providing scalable infrastructure that can automatically run tests, build processes, and deploy code without requiring dedicated server resources. This reduces overhead costs and ensures quicker time-to-market for new features and updates.
The increasing demand for more cost-effective, scalable, and flexible computing solutions has accelerated the adoption of this architecture. As businesses strive to streamline their IT infrastructure and reduce operational costs, serverless computing offers a compelling proposition. This architecture is inherently cost-efficient because it operates on a pay-as-you-go pricing model.
The growth of India’s banking and fintech sectors, alongside China’s expanding software and IT services industry, is driving significant demand for modern, scalable, and cost-effective technological solutions. As these sectors scale, they require infrastructure that can support rapid growth and the increasing complexity of digital services. With its flexibility, scalability, and cost efficiency, this architecture is becoming a key enabler of digital transformation in both countries. India’s banking sector, with its robust growth in bank accounts (from 53% to 78% between FY 16 and FY 21) and extensive branch network, is undergoing a significant digital transformation. The need for secure, scalable, and flexible IT systems is accelerating. China’s software and IT services industry saw impressive growth in 2023, generating 12.33 trillion yuan in business revenues, a 13.4% year-on-year increase. The increasing demand for software services and digital transformation across sectors drives this surge in revenue. Thus, the rise of fintech and banking in India, combined with China’s booming software and IT services sector, drives the need for scalable, flexible, and cost-efficient IT solutions.
Free Valuable Insights: The Global Serverless Architecture Market is Predict to reach USD 56.21 Billion by 2031, at a CAGR of 26.5%
Based on Organization Size, the market is segmented into Large Enterprise, and SME. Based on Deployment, the market is segmented into Public Cloud, Private Cloud, and Hybrid Cloud. Based on Services, the market is segmented into Automation & Integration, API Management, Monitoring, Security, Support & Maintenance, Training & Consulting, and Other Services. Based on Vertical, the market is segmented into BFSI, Retail & Ecommerce, Media & Entertainment, Telecom & IT, Government & Public, Healthcare & Life Sciences, Manufacturing, and Other Vertical. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
By Organization Size
By Deployment
By Services
By Vertical
By Country
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