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Published Date: 2017-06-12Number of Pages: 122

Function as a Service Market (Type - Developers Centric FaaS and Operator Centric FaaS; Service - Service Monitoring and Management, Automation Integration Services, Maintenance Services, and Consulting Services; End-use Industry - Defense and Surveillance, Telecommunication, Banking and Finance, Healthcare, Media and Entertainment, Hi-tech Industry, and Manufacturing) - Global Industry Analysis Size Share Growth Trends and Forecast 2017 - 2025

Global Function as a Service Market: Snapshot

Function as a service (FaaS) is a cloud service which enables service less management and app development. It could also be defined as a section of cloud computing service, which provides a platform for customers to develop, manage and run applications functionalities without the complication of maintaining and building infrastructure which are typically involved in developing and launching new apps. The application of function as a service to develop a new app enables the end user to have a server less architecture. According to the research report, the global FaaS market was valued at US$1230.0 mn in 2016 and is expected to be worth US$4280.0 mn by the end of 2025. Over the forecast period of 2017 and 2025, the global market is expected to progress at a CAGR of 15.3%.

The function as a service market by type has been segmented into developer centric FaaS and operator centric FaaS. The function as a service by service has been segmented into service monitoring and management, automation integration services, maintenance services, consulting services and others.

function-as-a-service-market

 

Health Sector Proves to be Pivotal to the Growth of Global FaaS Market

The function as a service by end use industry has been segmented into defense and surveillance, telecommunication, banking and finance, healthcare, media and entertainment, hi-tech industry, manufacturing and others. Function as a service has lot of key application in the healthcare sector. The demand for function as a service is expected to keep growing over the forecast period in this sector. Better collaboration, greater reach, especially during the time of disaster, better usage of big data to treat patients, better storage at lower cost, enhanced medical research and remote patient care are some of the key factors in driving the function as a service market over the forecast period in the report.

The function as a service provides collaboration in the healthcare sector more efficiently. The function as a service allows professionals to access and store data remotely. This would enable healthcare professionals globally to gain access to patient’s data immediately and apply the necessary care without having any more delay to the treatment. In the light of these factors, the healthcare segment in the global FaaS market is estimated to progress at a CAGR of 15.4%.

North America Anticipated to Remain Dominant in Global Market, while Asia Pacific Follows Closely

The global function as a service by geography has been segmented into North America, Latin America, Middle East and Africa, Asia Pacific and Europe. North America held the largest share in the function as a service market in terms of revenue share. Europe followed North America in the function as a service market in terms of revenue. However, analysts observe that Asia Pacific too is expected to grow at a phenomenal pace in the coming years due to a booming hi-tech sector. The flourishing IT sector in Asia Pacific is also expected to have a positive influence on the global market in the near future.

Some of the key players operating in the function as a service market include Google Inc., International Business Machines Corporation, New York, Amazon Web Services Inc., Microsoft Corporation, Infosys Limited, SAP SE, Dynatrace LLC, Rogue Wave Software Inc., VMware Inc. and Oracle Corporation.

Section 1 Preface

Section 2 Assumptions and Research Methodology
2.1 Assuptions and Acronyms Used
2.2 Research Methodolgy

Section 3 Executive Summary
3.1 Executive Summary 

Section 4 Global Function as a Service Market: Market Overview
4.1 Introduction
4.2 Market Dynamics Drivers and Restraints Snapshot Analysis
       4.2.1 Market Drivers
       4.2.2 Market Restraints
       4.2.3 Market Opportunities
4.3 Competitive Landscape
       4.3.1 Market Attractiveness Analysis
       4.3.2 Competitive Strategy adopted by leading players
4.4 Market Positioning of Key Players, 2016

Section 5 Global Function as a Service MarketAnalysisby Type
5.1 Key Findings
5.2  Introduction
5.3 Global Function as a Service Market Analysis, by Type, 2016 - 2025 

Section 6 Global Function as a Service MarketAnalysis, By Service
6.1 KeyFindings
6.2 Introduction
6.3 Global Function as a Service Market Analysis, by Services, 2016 - 2025

Section 7 Global Function as a Service MarketAnalysis, By End Use Industry
7.1 KeyFindings
7.2 Introduction
7.3 Global Function as a Service Market Analysis, by End Use Industry, 2016 - 2025 

Section 8 Function as a Service Market Analysis, By Region
8.1 Function as a Service Market Forecast, by Type Analysis
8.2 Function as a Service Market Forecast, by Services Analysis
8.3 Function as a Service Market Forecast, by Region End Use Industry

Section 9 North America Function as a Service MarketAnalysis 
9.1 Key Findings
9.2 North America Function as a Service Market Size (US$ Mn) Forecast, by Devices, 2016–2025
9.3 North America Function as a Service Market Size (US$ Mn) Forecast, by services, 2016–2025
9.4 North America Function as a Service Market Size (US$ Mn) Forecast, End Use Industry, 2016–2025
9.5 North America Function as a Service Market Size (US$ Mn) Forecast, By Country, 2016–2025

Section 10 EuropeFunction as a Service MarketAnalysis 
10.1 Key Findings
10.2 EuropeFunction as a Service Market Size (US$ Mn) Forecast, by Devices, 2016–2025
10.3 EuropeFunction as a Service Market Size (US$ Mn) Forecast, by services, 2016–2025
10.4 EuropeFunction as a Service Market Size (US$ Mn) Forecast, End Use Industry, 2016–2025
10.5 EuropeFunction as a Service Market Size (US$ Mn) Forecast, By Country, 2016–2025

Section 11 Asia PacificFunction as a Service MarketAnalysis 
11.1 Key Findings
11.2 Asia PacificFunction as a Service Market Size (US$ Mn) Forecast, by Devices, 2016–2025
11.3 Asia PacificFunction as a Service Market Size (US$ Mn) Forecast, by services, 2016–2025
11.4 Asia PacificFunction as a Service Market Size (US$ Mn) Forecast, End Use Industry, 2016–2025
11.5 Asia PacificFunction as a Service Market Size (US$ Mn) Forecast, By Country, 2016–2025

Section 12 Middle East and AfricaFunction as a Service MarketAnalysis 
12.1 Key Findings
12.2 Middle East and AfricaFunction as a Service Market Size (US$ Mn) Forecast, by Devices, 2016–2025
12.3 Middle East and AfricaFunction as a Service Market Size (US$ Mn) Forecast, by services, 2016–2025
12.4 Middle East and AfricaFunction as a Service Market Size (US$ Mn) Forecast, End Use Industry, 2016–2025
12.5 Middle East and AfricaFunction as a Service Market Size (US$ Mn) Forecast, By Country, 2016–2025

Section 13 Latin AmericaFunction as a Service MarketAnalysis 
13.1 Key Findings
13.2 Latin AmericaFunction as a Service Market Size (US$ Mn) Forecast, by Devices, 2016–2025
13.3 Latin AmericaFunction as a Service Market Size (US$ Mn) Forecast, by services, 2016–2025
13.4 Latin AmericaFunction as a Service Market Size (US$ Mn) Forecast, End Use Industry, 2016–2025
13.5 Latin America Function as a Service Market Size (US$ Mn) Forecast, By Country, 2016–2025

Section 14 Company Profiles
14.1 Google Inc.
       14.1.1 Company Details
       14.1.2 Company Description
       14.1.3 Business Overview
       14.1.4 SWOT Analysis
       14.1.5 Financial Overview
       14.1.6 Strategic Overview
14.2 International Business Machines Corporation (IBM)
       14.2.1 Company Details
       14.2.2 Company Description
       14.2.3 Business Overview
       14.2.4 SWOT Analysis
       14.2.5 Financial Overview
       14.2.6 Strategic Overview
14.3 Amazon Web Services Inc.
       14.3.1 Company Details
       14.3.2 Company Description
       14.3.3 Business Overview
       14.3.4 SWOT Analysis
       14.3.5 Financial Overview
       14.3.6 Strategic Overview
14.4 Microsoft Corporation
       14.4.1 Company Details
       14.4.2 Company Description
       14.4.3 Business Overview
       14.4.4 SWOT Analysis
       14.4.5 Financial Overview
       14.4.6 Strategic Overview
14.5 Infosys Limited
       14.5.1 Company Details
       14.5.2 Company Description
       14.5.3 Business Overview
       14.5.4 SWOT Analysis
       14.5.5 Financial Overview
       14.5.6 Strategic Overview
14.6 SAP SE
       14.6.1 Company Details
       14.6.2 Company Description
       14.6.3 Business Overview
       14.6.4 SWOT Analysis
       14.6.5 Financial Overview
       14.6.6 Strategic Overview
14.7 Dynatrace LLC
       14.7.1 Company Details
       14.7.2 Company Description
       14.7.3 Business Overview
       14.7.4 SWOT Analysis
       14.7.5 Financial Overview
       14.7.6 Strategic Overview
14.8 Rogue Wave Software Inc.
       14.8.1 Company Details
       14.8.2 Company Description
       14.8.3 Business Overview
       14.8.4 SWOT Analysis
       14.8.5 Financial Overview
       14.8.6 Strategic Overview
14.9 VMware Inc.
       14.9.1 Company Details
       14.9.2 Company Description
       14.9.3 Business Overview
       14.9.4 SWOT Analysis
       14.9.5 Financial Overview
       14.9.6 Strategic Overview
14.10 Oracle Corporation
       14.10.1 Company Details
       14.10.2 Company Description
       14.10.3 Business Overview
       14.10.4 SWOT Analysis
       14.10.5 Financial Overview
       14.10.6 Strategic Overview

List of Figures 

FIG. 1 Function as a Service Market Attractiveness Analysis, by Systems, 2016
FIG. 2 Market Share of key players, (%), 2016
FIG. 3 Global Developer centric FaaS Function as a Service Market Revenue (USD Mn), by Type Analysis, 2016 - 2025
FIG. 4 Global Operator centric FaaS Market Revenue (USD Mn), by Type Analysis, 2016 - 2025
FIG. 5 Global Service Monitoring and ManagementFaaS Function as a Service Market Revenue (USD Mn), by Services Analysis, 2016 - 2025
FIG. 6 Global Automation Integration Services FaaS Market Revenue (USD Mn), by Services Analysis, 2016 - 2025
FIG. 7 Global Maintenance Services FaaS Function as a Service Market Revenue (USD Mn), by Services Analysis, 2016 - 2025
FIG. 8 Global Consulting Services FaaS Market Revenue (USD Mn), by Services Analysis, 2016 - 2025
FIG. 9 Global Others FaaS Function as a Service Market Revenue (USD Mn), by Services Analysis, 2016 - 2025
FIG. 10 Global Defense and SurveillanceFaaS Function as a Service Market Revenue (USD Mn), by Services Analysis, 2016 - 2025
FIG. 11 Global Telecommunication Integration Services FaaS Market Revenue (USD Mn), by End Use Industry, 2016 - 2025
FIG. 12 Global Banking and Finance Services FaaS Function as a Service Market Revenue (USD Mn), by End Use Industry, 2016 - 2025
FIG. 13 Global Healthcare FaaS Market Revenue (USD Mn), by End Use Industry, 2016 - 2025
FIG. 14 Global Media and Entertainment Services FaaS Function as a Service Market Revenue (USD Mn), by End Use Industry, 2016 - 2025
FIG. 15 Global Hi tech Industry FaaS Market Revenue (USD Mn), by End Use Industry, 2016 - 2025
FIG. 16 Global Manufacturing FaaS Function as a Service Market Revenue (USD Mn), by End Use Industry, 2016 - 2025
FIG. 17 Global Others FaaS Market Revenue (USD Mn), by End Use Industry, 2016 - 2025
FIG. 18 U.S. Function as a Service Market Analysis, Revenue 
FIG. 19 Canada Function as a Service Market Analysis, Revenue 
FIG. 20 Mexico Function as a Service Market Analysis, Revenue
FIG. 21 U.K Function as a Service Market Analysis, Revenue In Million 
FIG. 22 Germany Function as a Service Market Analysis, Revenue In Million 
FIG. 23 The Netherlands Function as a Service Market Analysis, Revenue 
FIG. 24 Rest of Europe Function as a Service Market Analysis, Revenue 
FIG. 25 China (Including Taiwan) Function as a Service Market Analysis, Revenue 
FIG. 26 India Function as a Service Market Analysis, Revenue 
FIG. 27 Japan Function as a Service Market Analysis, Revenue 
FIG. 28 Oceania Function as a Service Market Analysis, Revenue 
FIG. 29 Rest of Asia Pacific Function as a Service Market Analysis, Revenue
FIG. 30 UAE Function as a Service Market Analysis, Revenue 
FIG. 31 Saudi Arabia Function as a Service Market Analysis, Revenue 
FIG. 32 South Africa Function as a Service Market Analysis, Revenue 
FIG. 33 Others Function as a Service Market Analysis, Revenue
FIG. 34 Brazil Function as a Service Market Analysis, Revenue 
FIG. 35 Argentina Function as a Service Market Analysis, Revenue
FIG. 36 Others Function as a Service Market Analysis, Revenue

List of Tables

TABLE 1 Global Function as a Service Market Size (US$ Mn) Forecast, by Type, 2016–2025 
TABLE 2 Global Function as a Service Market Size (US$ Mn) Forecast, by Services, 2016–2025
TABLE 3 Global Function as a Service Market Size (US$ Mn) Forecast, End Use Industry, 2016–2025
TABLE 4 North America Function as a Service Market Size (US$ Mn) Forecast, by Type, 2016–2025
TABLE 5 North America Function as a Service Market Size (US$ Mn) Forecast, by Services, 2016–2025
TABLE 6 North America Function as a Service Market Size (US$ Mn) Forecast, End Use Industry, 2016–2025
TABLE 7 Europe Function as a Service Market Size (US$ Mn) Forecast, by Type, 2016–2025
TABLE 8 Europe Function as a Service Market Size (US$ Mn) Forecast, by Services, 2016–2025
TABLE 9 Europe Function as a Service Market Size (US$ Mn) Forecast, End Use Industry, 2016–2025
TABLE 10 Asia Pacific Function as a Service Market Size (US$ Mn) Forecast, by Type, 2016–2025
TABLE 11 Asia Pacific Function as a Service Market Size (US$ Mn) Forecast, by Services, 2016–2025
TABLE 12 Asia Pacific Function as a Service Market Size (US$ Mn) Forecast, End Use Industry, 2016–2025
TABLE 13 Middle East and Africa Function as a Service Market Size (US$ Mn) Forecast, by Type, 2016–2025 
TABLE 14 Middle East and Africa Function as a Service Market Size (US$ Mn) Forecast, by Services, 2016–2025
TABLE 15 Middle East and Africa Function as a Service Market Size (US$ Mn) Forecast, End Use Industry, 2016–2025
TABLE 16 Latin America Function as a Service Market Size (US$ Mn) Forecast, by Type, 2016–2025 
TABLE 17 Latin America Function as a Service Market Size (US$ Mn) Forecast, by Services, 2016–2025
TABLE 18 Latin America Function as a Service Market Size (US$ Mn) Forecast, End Use Industry, 2016–2025

 

Global Function as a Service: Overview

Function as a service (FaaS) could also be defined as a section of cloud computing service which provides a platform for customers to develop, manage and run applications functionalities without the complication of maintaining and building infrastructure which are typically involved in developing and launching new apps. Function as a service (FaaS) is a cloud service which enables service less management and app development. Function as a service enables the end users to conduct programming and other task without having to manage their servers. String of code are generated with events on the end users and outsourced to servers which are located away from the user who can execute the planned function. The application of function as a service to develop a new app enables the end user to have a server less architecture. The function as a service is mostly used while building micro services applications. Some of the key function as a service product from key players includes, Google cloud function, AWS Lambda and Microsoft Azure. The application of cloud computing provides organizations to shift their focus from IT infrastructure and give more attention to their core services and products. These days most businesses use cloud services. The application of cloud service provides exemptions from worrying about underlying infrastructure issues. The application of server less architecture provides improved efficiency, speeding time to market and helps in reduction of cost. The server less cloud is an evolutionary process in leveraging cloud computing to its full potential.

Global Function as a Service: Segmentation

The function as a service market by type has been segmented into developer centric faas and operator centric faas. The function as a service by service has been segmented into service monitoring and management, automation integration services, maintenance services, consulting services and others. The function as a service by end use industry has been segmented into defense and surveillance, telecommunication, banking and finance, healthcare, media and entertainment, hi tech industry, manufacturing and others. The global function as a service by geography has been segmented into North America, Latin America, Middle East and Africa, Asia Pacific and Europe.

Global Function as a Service: Regional Outlook

The market report deals in the forecast of the Function as a Service market in terms of revenue (USD million) as well as the CAGR for the forecast period 2016 to 2027. The competitive profiling of the key players in the global Function as a Service market has been comprehensively covered under the scope of the report. The key players in the Function as a Service Market have been competitively profiled across the five broad geographic regions. This competitive landscape is inclusive of the various business strategies adopted by these major players and their recent developments in the field of function as a service market. In order to provide a detailed insight into the market dynamics of global Function as a Service Market, the drivers and restraints affecting the industry are included in the study. Market dynamics include market opportunity, drivers and restraints and an extensive analysis of these factors are included in the report. Furthermore, market attractiveness breakdown has also been provided in the report. Therefore, the report provides a comprehensive study of the global Function as a Service market and also offers the forecast of the market for the period from 2017-2025.

Key Players Mentioned in the Report are:

Some of the key players operating in the function as a service market include Google Inc. (California, U.S.), International Business Machines Corporation (IBM) (New York, U.S.), Amazon Web Services Inc. (Washington, U.S), Microsoft Corporation (Washington, U.S.), Infosys Limited (Bangalore, Karnataka,India), SAP SE (Walldorf, Germany), Dynatrace LLC (Massachusetts, U.S.), Rogue Wave Software Inc. (Colorado, U.S.), VMware Inc. (U.S.) and Oracle Corporation (California, U.S.).

The market has been segmented as follows:

Function as a Service Market, by Type

  • Developer centric FaaS
  • Operator centric FaaS

Function as a Service Market, by Service

  • Service Monitoring and management
  • Automation integration services
  • Maintenance Services
  • Consulting Services
  • Others

Function as a Service Market, by End Use Industry

  • Defense and Surveillance
  • Telecommunication
  • Banking and Finance
  • Healthcare
  • Media and Entertainment
  • Hi tech Industry
  • Manufacturing
  • Others

Function as a Service Market, by Geography: The market is broadly segmented on the basis of geography into:

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The U.K.
    • Germany
    • The Netherlands
    • Rest of Europe
  • Asia Pacific
    • China(Including Taiwan)
    • India
    • Japan
    • Oceania
    • Rest of Asia Pacific
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • South Africa
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Others       


 
 
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