Europe Serverless Security Market By Service Model (Function as a Service (FaaS) and Backend as a Service (BaaS)), By Enterprise Size (Large Enterprises and Small & Medium Enterprise), By Deployment Mode (Public and Private), By Security Type (Data Security, Network Security, Application Security, Perimeter Security, and Others), By End User (BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Media & Entertainment, Energy & Utility, Manufacturing, and Others), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The Europe Serverless Security Market would witness market growth of 26.1% CAGR during the forecast period (2021-2027).
Network security refers to a technique using which companies become capable of securing their networks from advanced threats on their serverless architecture. Advanced threats are adversely affecting the serverless computing platform by breaking the network security systems and taking advantages of loopholes in the system. There is a substantial surge in the possibilities of misconfigurations due to the growing adoption of cloud-based solutions and services. In addition, Serverless security aids in supervising the serverless applications to secure the system from unauthorized access and exploitation of networking resources.
In serverless security architecture, there is no requirement for firewalls and other such kind of tools because this model focuses on security to permissions, behavioral protection, and strong code. With increasing digitalization across the world, companies are increasingly investing in numerous security solutions. Due to this, enterprises in this region are estimated to surge the demand for serverless security solutions. In addition, the shifting preference of the companies towards the adoption of cloud-based solutions would create lucrative opportunities for the key market players.
Furthermore, the increasing awareness among the organizations regarding the benefits offered by serverless security solutions would accelerate its demand in this region. This would strengthen the growth of the regional serverless security market in the forecast period. However, the challenges faced by the companies in fulfilling the regulatory frameworks would restrict its regional demand.
The Germany market dominated the Europe Healthcare Serverless Security Market by Country 2020, thereby, achieving a market value of $37.5 million by 2027. The UK market is exhibiting a CAGR of 25.9% during (2021 - 2027). Additionally, The France market is poised to witness a CAGR of 27.7% during (2021 - 2027).
Based on Service Model, the market is segmented into Function as a Service (FaaS) and Backend as a Service (BaaS). Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprise. Based on Deployment Mode, the market is segmented into Public and Private. Based on Security Type, the market is segmented into Data Security, Network Security, Application Security, Perimeter Security, and Others. Based on End User, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Media & Entertainment, Energy & Utility, Manufacturing, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Serverless Security Market Size will Hit $USD 5.7 Billion by 2027, at a CAGR of 27%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Rackspace Technology, Inc., Fastly, Inc., Amazon.com, Inc., Palo Alto Networks, Inc., Microsoft Corporation, Google, Inc., Micro Focus International PLC, Imperva, Aqua Security Software Ltd. and Serverless, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Service Model
- Function as a Service (FaaS)
- Backend as a Service (BaaS)
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprise
By Deployment Mode
By Security Type
- Data Security
- Network Security
- Application Security
- Perimeter Security
By End User
- IT & Telecom
- Retail & eCommerce
- Media & Entertainment
- Energy & Utility
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Rackspace Technology, Inc.
- Fastly, Inc.
- Amazon.com, Inc.
- Palo Alto Networks, Inc.
- Microsoft Corporation
- Google, Inc.
- Micro Focus International PLC
- Aqua Security Software Ltd.
- Serverless, Inc.
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