Cloud Microservices Market – Huge Growth Expansion in Upcoming Period 2018-2025 | Oracle, Infosys, CA Technologies, Syntel, IBM, NGINX, Microsoft
Global Cloud Microservices Market to reach USD 3.05 billion by 2025.
Global Cloud Microservices Market valued approximately USD 450.68 million in 2016 is forecasted to grow with a healthy growth rate of more than 23.67% over the forecast period 2018-2025. The major factors speculated to augment the markets are consumer-oriented business, digital revolutions, and propagation of the microservices architecture. The compliance and security concerns are a few of the key restraints to overcome for the major manufacturers. Microservices are an architectural methodology to create cloud applications. Here each application is built as a set of services and each is run in its own processes and each service communicates through application programming interfaces (API).
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The regional analysis of Global Cloud Microservices Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is anticipated to be the leading region across the world in terms of market share size. Whereas, Asia Pacific region, owing to rising espousal of Cloud Microservices in countries such as China, India, and Japan, is expected to exhibit higher growth rate/CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.
The industry is seeming to be fairly competitive. Some of the leading market players are Oracle, Infosys, CA Technologies, Syntel, IBM, NGINX, Microsoft, SmartBear Software, Salesforce, RapidValue Solutions, Pivotal Software, Marlabs, Kontena, RoboMQ, Macaw Software, OpenLegacy, Unifyed, Idexcel, Amazon Web Services (AWS), Weaveworks, and so on.
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The detailed segments and sub-segment of the market are explained below:
By Organization Size:
– Small & Medium Sized Enterprises (SMEs)
– Large Enterprise
By End-Use Industry:
– Banking, Financial Services & Insurance (BFSI)
– Retail & eCommerce
– IT & IT Enabled Services (ITES)
– Media & Entertainment
– Transportation & Logistics
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