Published Date: 2-Nov-2021
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According to a new report Global Serverless Security Market, published by KBV research, The Global Serverless Security Market size is expected to reach $5.7 billion by 2027, rising at a market growth of 27% CAGR during the forecast period.
Function-as-a-Service (FaaS) segment is estimated to garner the highest market size over the forecast period. FaaS is basically a kind of cloud-computing service, which helps developers to operate a code in accordance with events. In addition, FaaS enables developers to spend more time on creating the application code logic and minimum time worrying about server deployments, allocation, and backend services.
The large enterprises segment is expected to obtain a prominent revenue share of the market during the forecasting period. Large enterprises are witnessing a high adoption rate of serverless security due to the constantly growing demand for serverless models and cloud automation. Moreover, the trend is likely to unfold even during the forecast period. In order to enhance the overall efficiency and productivity, large enterprises are putting high investments in next-generation technologies.
The Asia Pacific would showcase the highest growth rate in the serverless security market over the forecast period. The presence of various developing nations like India, China, Japan, etc., is supporting the demand for serverless security solutions in this region. Factors like growth in application development in numerous industries, increasing penetration of improved technologies, untapped potential markets, and economic developments & government regulations are projected to open lucrative opportunities for the regional market players over the forecast period.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
By Service Model
By Enterprise Size
By Deployment Mode
By Security Type
By End User
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