Serverless Apps Market Size, Industry Analysis Report By Application (Real Time File/Stream Processing, Web Application Development, IoT Backend), By Enterprize size (SMEs, Large Enterprises), By Industry (IT and Telecommunication, BFSI, Retail, Government, Manufacturing) & Region – Forecast

  • 31/10/2022
  • 290
  • Information Communication & Technology
Serverless Apps Market: Overview
The global Serverless Apps market size was valued at USD 3.21 billion in 2022. It is anticipated to register a CAGR of 25.0% over the forecast period. A method of software architecture known as ""serverless apps"" enables programmers to construct and run services without controlling the underlying infrastructure. While a cloud provider sets up servers to run the apps, databases, and storage systems, it also aids in writing and delivering software. Developers can now create and improve their programs without being constrained by server capacity, which lowers the cost of DevOps. It consequently has a wide range of uses in the information and technology (IT), telecom, healthcare, automotive, media and entertainment, retailing, and e-commerce sectors.

Serverless Apps Market- Growth Factors
The development of numerous applications has hastened to owe to the serverless apps revolution. Customer relationship management (CRM), business intelligence and analytics, the information system for human resources, finance, e-commerce, and other industries all use serverless architecture. Software applications can be swiftly and readily changed using a serverless apps approach, which also enables organizations to handpick the services based on requirements. Cloud-based technologies are being fully utilized by serverless architecture. Instead of managing traffic on their IT infrastructure, it enables businesses to concentrate on their core services and goods. Additionally, serverless deployment is being developed by modern apps so that application developers can boost the agility of data stores, computers, and integration stacks. These elements are boosting the market for serverless applications. Additionally, serverless provides almost effortless scaling and a decrease in the cost of data processing. As opposed to standard cloud providers of server allocation, where users frequently pay for wasted space and idle Central Processing Unit (CPU) time, serverless architecture implementation is typically very cost-effective.

Serverless Apps Market – Market Trends
• Today, the market for serverless applications accounts for close to 6% of the total market for mobile applications. The fact that serverless apps are a service provided by a cloud provider that manages and maintains the back-end services for mobile and web-based applications is one of their benefits.
• As serverless architecture becomes more widely used, businesses can effectively eliminate time-consuming and expensive traditional methods like purchasing new hardware components, installing them, and troubleshooting them. This shifts the burden of managing servers, application logic, as well as databases, which reduces maintenance and setup costs.
• The cost savings provided by serverless apps are one of their most significant advantages, especially when compared to other cloud services. The serverless computing approach allows customers to reduce costs associated with access authorization, presence recognition, image processing, security, and other services in addition to paying for what they use.

Serverless Apps Market – Segmentation
Serverless Apps Market on the basis of Application, the market is fragmented into:
• Real Time File/Stream Processing
• Web Application Development
• IoT Backend
• Others

Serverless Apps Market on the basis of Enterprize size, the market is categorized into:
• SMEs
• Large Enterprises

Serverless Apps Market on the basis of Industry, the market is segregated into:
• IT and Telecommunication
• Retail
• Government
• Manufacturing
• Others

Serverless Apps Market –Regional Analysis
One of the key factors fueling the market expansion in Germany is a growing understanding of the benefits of serverless apps, such as increased procedural agility and lower operational costs. Other benefits provided by serverless apps, such as quicker setup, easier operational management, and no need for system administration, are also the main forces behind the market's rise. The estimate shows that in 2022, the country would have had close to 11.5% of the share of the market for the continent of Europe. On the other hand, over the projected timeframe, North America is anticipated to experience consistent revenue growth. The market for serverless apps in this area is growing quickly due to digital transformation. Major cloud providers like Microsoft Azure, Amazon Web Service, Google Cloud Platform, and others have greatly benefited from the switch from traditional server design to serverless architecture as they continue to expand their operations throughout the region.

Serverless Apps Market – Key Market players
The major players in the market are:
• Amazon Web Services
• Microsoft Corporation
• Google LLC
• IBM Corporation
• Cisco Systems, Inc.
• Oracle Corporation
• Rackspace Technology
• TIBCO Software Inc.
• Serverless, Inc.
• Cloudflare, Inc.
• Netlify
• NTT Data Corporation
• Apache
• Palo Alto Networks
• Twistlock Inc.

Report scope
Global Serverless Apps Market: Historical Years- 2018-2021
Global Serverless Apps Market: Forecast Years- 2022-2030
Global Serverless Apps Market 2022- USD 3.21 billion
Global Serverless Apps Market CAGR- 25%

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One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).


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Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.

Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


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