Cloud Microservices Market by Component, Deployment Mode , Organization Size, Vertical, and Region - Global Forecast to 2023 - ResearchAndMarkets.com

June 12, 2018

DUBLIN--(BUSINESS WIRE)--Jun 12, 2018--The “Cloud Microservices Market by Component (Platform and Services), Deployment Mode (Public Cloud, Private Cloud, and Hybrid Cloud), Organization Size (Large Enterprises and SMEs), Vertical, and Region - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

The global cloud microservices market size is expected to grow from USD 683.2 million in 2018 to USD 1880.0 million by 2023, at a Compound Annual Growth Rate (CAGR) of 22.4%

Digital transformation, proliferation of microservices architecture, and customer-oriented businesses are some of the factors expected to drive the global cloud microservices market. However, security and compliance may restrain the growth of the market.

Among the industry verticals, the BFSI vertical is expected to hold the largest market size in the global cloud microservices market during forecast period. The growth in the cloud microservices market, especially in the BFSI vertical, can be attributed to the increasing financial services, IT automation, and reforms in economy and banking services worldwide.

The cloud microservices architecture helps BFSI organizations in improving the application development process, streamlining business operations, and enhancing customer experience.

Among the major regions in the market, APAC is expected to grow at the highest growth rate during the forecast period. Technological advancements in various industry verticals, namely, BFSI, government, education, healthcare, transportation and logistics, and retail are expected to drive the market growth in APAC.

The key cloud microservices vendors profiled in the report are as follows:

AWS (US) CA Technologies (US) Contino (UK) CoScale (Belgium) IBM (US) Idexcel (US) Infosys (India) Kontena (Finland) Macaw Software (US) Marlabs (US) Microsoft (US) Netifi (US) NGINX (US) OpenLegacy (US) Oracle (US) Pivotal Software (US) RapidValue Solutions (US) RoboMQ (US) Salesforce (US) SmartBear Software (US) Software AG (Germany) Syntel (US) TCS (India) Unifyed (US) Weaveworks (UK)

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview and Industry Trends

6 Cloud Microservices Market, By Component

7 Market By Organization Size

8 Cloud Microservices Market, By Deployment Mode

9 Market By Vertical

10 Cloud Microservices Market, By Region

11 Competitive Landscape

12 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/vr86gl/cloud?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180612006142/en/

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SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 06/12/2018 12:04 PM/DISC: 06/12/2018 12:03 PM


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