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Function as a Service Market - Global Industry Analysis Size Share Growth Trends and Forecast 2017 - 2025

Function as a Service Industry: Forecasts to 2025

  • June 2017
  • 122 pages
  • ID: 4977657
In this report:
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.
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.


Table of Contents

Global Function as a Service: Overview

Function as a service could also be defined as a section of cloud computing service which offers a platform for clients to develop, manage and run applications functionalities without the complication of maintaining and building infrastructure which are typically involved in developing and launching additional apps. Function as a service 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 additional 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 main function as a service product from top players includes, Google cloud function, AWS Lambda and Microsoft Azure. The application of cloud computing offers 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 offers exemptions from worrying about underlying infrastructure issues. The application of server less architecture offers 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 category has been split into developer centric faas and operator centric faas. The function as a service by service has been divided 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 broken down into defense and surveillance, telecommunication, banking and finance, healthcare, media and entertainment, hi tech industry, manufacturing and others. The overall function as a service by territory has been divided into north america, Latin America area, Middle East (ME) and African continent, Asia Pacific (APAC) and Europe (EU).

Global Function as a Service: Regional Outlook

The market report deals in the forecast of the Function as a Service market in terms of income as well as the Compound annual growth rate for the forecast period 2016 to 2027. The challenging profiling of the main players in the overall Function as a Service market has been comprehensively covered under the scope of the report. The top players in the Function as a Service Market have been competitively profiled across the five broad geographic regions. This ambitious landscape is inclusive of the different business strategies approved by these main players and their new developments in the field of function as a service market. In order to offer a in-depth insight into the market dynamics of overall Function as a Service Market, the drivers and industry restraints affecting the sector are covered in the report. Market forces contain market opportunity, drivers and market restraints and an comprehensive analysis of these factors are included in the industry report. Moreover, market attractiveness breakdown has also been delivered in the study. Therefore, the analysis offers a exhaustive study of the overall Function as a Service market and also offers the forecast of the market for the time span from 2017-2025.

Top competitors specified in this report

Some of the main players operating in the function as a service market contain Google Inc., International Business Machines Corporation, Amazon Web Services Inc., Microsoft Corporation, Infosys Limited (Bangalore, Karnataka,India (IN)), SAP SE, Dynatrace LLC, Rogue Wave Software Inc., VMware Inc. and Oracle Corporation.

The segment has been split as follows:

Function as a Service Market, by Category

Developer centric FaaS

Operator centric FaaS

Function as a Service Market, by Service

Function as a Service Market, by Area: The sector is mostly broken down based on geography into:

North America (NA)


Canada (CA)

Mexico (MX)

Europe (EU)

The U.K.

Germany (DE)

The Netherlands

Rest of europe (EU)


China (CN)

India (IN)

Japan (JP)


Rest of Asia Pacific (APAC)

African region & Middle East

Untied arab emirates (uae)

Saudi arabia (SA)

South africa (SA)


Latin America

Brazil (BR)

Argentina (AR)


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