DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Function-as-a-Service Market: Trends Analysis & Forecasts to 2021" report to their offering.
The global function-as-a-service market is projected to reach USD 7.98 billion by the end of 2021, with a CAGR of 33.0% from 2016 to 2021.
The report segments the function-as-a-service market by application, by deployment model, by service type, by user type, by vertical and by region. The application includes research and academic application, web-based and mobile application and others (stream processing and media processing).
Function as a service exempts the users from the responsibility of building and maintaining the infrastructure by offering a platform to create, run, and manage applications. Function-as-a-service basically is a distributed system that enables to use computation from the cloud through an API.
Function-as-a-service involves an event driven mechanism wherein the code or function is executed whenever a certain event is triggered. In function-as-a-service the cloud provider takes the responsibility of finding the server for the execution of this code or function written by the users. The function-as-a-service is believed to be one of the most efficient offering as it comprises of paying for only those resources that are consumed during execution.
In function-as-a-service the applications determine when and how much amount of resources are to be used in the cloud. As a result, the users are freed from the burden of managing the applications. In line with this, the function-as-a-service market is also driven by other factors comprising of the ability to easily create, deploy, and run applications, and increasing adoption of serverless architecture.
Key Topics Covered:
2. Executive Summary
3. Global Function-as-a-Service Market Overview
4. Global Function-as-a-Service Market Analysis, by Application (USD Million) 2015-2021
5. Global Function-as-a-Service Market Analysis, by Deployment Model (USD Million) 2015-2021
6. Global Function-as-a-Service Market Analysis, by Service Type (USD Million) 2015-2021
7. Global Function-as-a-Service Market Analysis, by User Type (USD Million) 2015-2021
8. Global Function-as-a-Service Market Analysis, by Vertical (USD Million) 2015-2021
9. Global Function-as-a-Service Market Analysis, by Region (USD Million) 2015-2021
10. Company Profiles
- Amazon Web Services
- Dynatrace LLC
- Fiorano Software and Affiliates
- Infosys Limited
- International Business Machines Corporation
- Microsoft Corporation
- SAP SE
For more information about this report visit http://www.researchandmarkets.com/research/5ttlt8/global