The global cloud microservices market is anticipated to grow at a considerable CAGR of 20.8% during the forecast period (2023-2030). Cloud computing is a major driver of the cloud microservices market as it provides businesses with a scalable and reliable platform for deploying and managing microservices-based applications. Cloud computing is a model for delivering IT services over the Internet with pay-as-you-go pricing. Cloud computing providers offer a high level of reliability, with uptime guarantees of 99.9% or higher. This is important for businesses that need to ensure that their applications are always available to their customers. Cloud computing can be more cost-effective than traditional on-premises IT infrastructure because businesses only pay for the resources that they use, and they do not need to invest in and maintain their hardware and software. Amazon Web Services (AWS) is a cloud computing platform that offers a wide range of cloud services, including cloud microservices platforms. AWS is used by several large companies to deploy and manage their microservices-based applications, including Netflix, Airbnb, and Spotify.
Browse the full report description of “Cloud Microservices Market Size, Share & Trends Analysis Report Market by Deployment Model (Public Cloud, Private Cloud, and Hybrid Cloud), by Enterprise Size (Small And Medium-Sized Enterprises (SMEs) and Large Enterprises), Application (BFSI, E-Commerce, Healthcare, IT and Telecommunication, Manufacturing and Others) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/cloud-microservices-market
Spotify's streaming platform is built on a microservices architecture, and the company uses AWS's cloud microservices platform to deploy and manage its microservices. Spotify uses AWS to deploy and manage its microservices for music streaming, recommendations, and user authentication. The company also uses AWS to store and process its data, and to deliver its streaming service to its users around the world.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Deployment model
o By Enterprise Size
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape includes Amazon Web Services, Inc., Google LLC (Google Cloud Platform (GCP)), IBM Corp. (IBM Cloud), Microsoft Corp. (Microsoft Azure), and Salesforce, Inc. among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Cloud Microservices Market Report Segment
By Deployment model
By Enterprise Size
By Application
Global Cloud Microservices Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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