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Cloud Microservice Trends and Forecast
The future of the global cloud microservice market looks promising with opportunities in the BFSI, IT and ITes, telecommunication, government, healthcare, retail and ecommerce, media and entertainment, transportation and logistics, and manufacturing sectors. The global cloud microservice market is expected to reach an estimated $3.5 billion by 2030 with a CAGR of 15.4% from 2024 to 2030. The major drivers for this market are increasing adoption of microservices architecture, rising use of cloud and IoT based applications, and rapid digitalization among organisations.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cloud Microservice by Segment
The study includes a forecast for the global cloud microservice by component, deployment, enterprise size, end use industry, and region.
Cloud Microservice Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Platform
• Services
Cloud Microservice Market by Deployment [Shipment Analysis by Value from 2018 to 2030]:
• Public
• Private
• Hybrid
Cloud Microservice Market by Enterprise Size [Shipment Analysis by Value from 2018 to 2030]:
• Large Size Enterprise
• Small and Medium Size Enterprise (SMEs)
Cloud Microservice Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• BFSI
• IT and ITeS
• Telecommunications
• Government
• Healthcare
• Retail and eCommerce
• Media and Entertainment
• Transportation and Logistics
• Manufacturing
• Others
Cloud Microservice Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Cloud Microservice Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cloud microservice companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cloud microservice companies profiled in this report include-
• AWS
• CA Technologies
• Contino
• CoScale
• IBM
• Idexcel
• Infosys
• Kontena
• Macaw
• Marlabs
Cloud Microservice Market Insights
Lucintel forecasts that platform is expected to witness highest growth over the forecast period due to expanding demand for cloud microservices architecture to scale functionalities at a very fine level.
Retail and ecommerce will remain the largest segment due to increasing deployment of cloud mimcroservice technology in this sector to improve operational effectiveness, straightforward architecture, straightforward deployment, quicker time-to-market, and enhance customer experience.
North America is expected to witness highest growth over the forecast period due to rapid it infrastructural development, rising preference for cloud computing technologies, and presence of key players in the region.
Features of the Global Cloud Microservice Market
Market Size Estimates: Cloud microservice market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cloud microservice market by various segments, such as by component, deployment, enterprise size, end use industry and region in terms of($B).
Regional Analysis: Cloud microservice market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different components, deployments, enterprise sizes, end use industries, and regions for the cloud microservice market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cloud microservice market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the cloud microservice market size?
Answer: The global cloud microservice market is expected to reach an estimated $3.5 billion by 2030.
Q.2 What is the growth forecast for cloud microservice market?
Answer: The global cloud microservice market is expected to grow with a CAGR of 15.4% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the cloud microservice market?
Answer: The major drivers for this market are increasing adoption of microservices architecture, rising use of cloud and IoT based applications, and rapid digitalization among organisations.
Q4. What are the major segments for cloud microservice market?
Answer: The future of the cloud microservice market looks promising with opportunities in the BFSI, IT and ITes, telecommunication, government, healthcare, retail and ecommerce, media and entertainment, transportation and logistics, and manufacturing sectors.
Q5. Who are the key cloud microservice market companies?
Answer: Some of the key cloud microservice companies are as follows:
• AWS
• CA Technologies
• Contino
• CoScale
• IBM
• Idexcel
• Infosys
• Kontena
• Macaw
• Marlabs
Q6. Which cloud microservice market segment will be the largest in future?
Answer: Lucintel forecasts that platform is expected to witness highest growth over the forecast period due to expanding demand for cloud microservices architecture to scale functionalities at a very fine level.
Q7. In cloud microservice market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to rapid it infrastructural development, rising preference for cloud computing technologies, and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the cloud microservice market by platform (platform and services), deployment (public, private, and hybrid), enterprise size (large size enterprise and small and medium size enterprise), end use industry (BFSI, IT and ITes, telecommunications, government, healthcare, retail and ecommerce, media and entertainment, transportation and logistics, manufacturing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Cloud Microservice Market, Cloud Microservice Market Size, Cloud Microservice Market Growth, Cloud Microservice Market Analysis, Cloud Microservice Market Report, Cloud Microservice Market Share, Cloud Microservice Market Trends, Cloud Microservice Market Forecast, Cloud Microservice Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Cloud Microservice Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Cloud Microservice Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Cloud Microservice Market by Component
3.3.1: Platform
3.3.2: Services
3.4: Global Cloud Microservice Market by Deployment
3.4.1: Public
3.4.2: Private
3.4.3: Hybrid
3.5: Global Cloud Microservice Market by Enterprise Size
3.5.1: Large Size Enterprise
3.5.2: Small and Medium Size Enterprise (SMEs)
3.6: Global Cloud Microservice Market by End Use Industry
3.6.1: BFSI
3.6.2: IT and ITeS
3.6.3: Telecommunications
3.6.4: Government
3.6.5: Healthcare
3.6.6: Retail and eCommerce
3.6.7: Media and Entertainment
3.6.8: Transportation and Logistics
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Cloud Microservice Market by Region
4.2: North American Cloud Microservice Market
4.2.2: North American Cloud Microservice Market by End Use Industry: BFSI, IT and ITeS, Telecommunications, Government, Healthcare, Retail and eCommerce, Media and Entertainment,Transportation and Logistics, Manufacturing, and Others
4.3: European Cloud Microservice Market
4.3.1: European Cloud Microservice Market by Component: Platform and Services
4.3.2: European Cloud Microservice Market by End Use Industry: BFSI, IT and ITeS, Telecommunications, Government, Healthcare, Retail and eCommerce, Media and Entertainment,Transportation and Logistics, Manufacturing, and Others
4.4: APAC Cloud Microservice Market
4.4.1: APAC Cloud Microservice Market by Component: Platform and Services
4.4.2: APAC Cloud Microservice Market by End Use Industry: BFSI, IT and ITeS, Telecommunications, Government, Healthcare, Retail and eCommerce, Media and Entertainment,Transportation and Logistics, Manufacturing, and Others
4.5: ROW Cloud Microservice Market
4.5.1: ROW Cloud Microservice Market by Component: Platform and Services
4.5.2: ROW Cloud Microservice Market by End Use Industry: BFSI, IT and ITeS, Telecommunications, Government, Healthcare, Retail and eCommerce, Media and Entertainment,Transportation and Logistics, Manufacturing, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Cloud Microservice Market by Component
6.1.2: Growth Opportunities for the Global Cloud Microservice Market by Deployment
6.1.3: Growth Opportunities for the Global Cloud Microservice Market by Enterprise Size
6.1.4: Growth Opportunities for the Global Cloud Microservice Market by End Use Industry
6.1.5: Growth Opportunities for the Global Cloud Microservice Market by Region
6.2: Emerging Trends in the Global Cloud Microservice Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Cloud Microservice Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Cloud Microservice Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: AWS
7.2: CA Technologies
7.3: Contino
7.4: CoScale
7.5: IBM
7.6: Idexcel
7.7: Infosys
7.8: Kontena
7.9: Macaw
7.10: Marlabs
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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