Serverless Computing Market Size, Share, Opportunities, And Trends By Type (Backend-as-a-Service (BaaS), Function-as-a-Service (FaaS)), By Enterprise Size (Small, Medium, Large), By Application (Application Programme Interface (API), Data Processing, Microservice Support, Others), And By Geography - Forecasts From 2025 To 2030

Serverless Computing Market Size:

Serverless Computing Market, with a 16.32% CAGR, is projected to increase from USD 26.759 billion in 2025 to USD 56.978 billion in 2030.

Serverless Computing Market Key Highlights:

• Driving growth through expanding global cloud infrastructure investments and enhanced data center networks.
• Offering cost-effective solutions by charging only for actual application execution time.
• Attracting strategic investments that are enhancing serverless tools, platforms, and capabilities.
• Shaping a dynamic market as key players are launching products and acquiring serverless startups.

Serverless Computing Market Trends:

Serverless computing is a distinctive approach that enables backend services to be provided on a usage-based model. It enables the users can craft and implement their code without needing to focus on the complexities of the underlying infrastructure. The increasing expansion of cloud infrastructure, the cost-effective characteristics of serverless computing, and the influx of favourable investments in the field are driving the serverless computing industry's growth.

Serverless Computing Market Segmentation Analysis:

• The rise in cloud infrastructure bolsters the serverless computing market growth.

The rapid expansion of cloud infrastructure due to the investments made by the cloud service providers to expand their global data center networks has enabled them to offer highly scalable and reliable platforms for serverless applications. This infrastructure growth ensures low-latency access to resources, enabling serverless functions to execute efficiently regardless of geographical location. Moreover, the cloud's elasticity and on-demand resource allocation empower businesses to seamlessly scale their applications without worrying about provisioning or managing servers, fostering widespread adoption of serverless computing and fuelling its market expansion. For instance, in May 2023, Amazon Web Services (AWS) announced an investment worth INR 1.056 Lakh Cr, with a vision to bolster and expand its cloud infrastructure in India by the year 2030.

• Favourable investment drives the serverless computing market expansion.

Investments aid in expanding and strengthening the cloud infrastructure, which is foundational for serverless computing. A robust and reliable infrastructure ensures that serverless applications perform optimally, offering businesses high scalability, low latency, and efficient resource utilization. These investments also facilitate research and development, leading to advancements in serverless technologies and the creation of more user-friendly, secure, and efficient tools which can be utilized in AI, IoT, and real-time analytics. For instance, in July 2022, Baseline secured £1.5 million in funding which the company aims to utilize in enhancing its serverless technology.

• The cost-effective nature drives serverless computing market growth.

Traditional computing models often require businesses to bear the cost of maintaining and managing servers, even when they are not in use, leading to inefficiency and unnecessary expenditure. However, serverless computing offers a more economical alternative, charging users only for the actual processing time of their applications. This model not only minimizes the costs associated with idle server capacity but also eliminates the need for upfront investments in infrastructure. Businesses can focus their resources on developing high-quality applications rather than on managing server infrastructure. This cost-benefit becomes even more pronounced for startups and small-to-medium enterprises.

Serverless Computing Market Geographical Outlook:

• North America is predicted to dominate the serverless computing market.

North America will account for a significant share of the serverless computing market, due to several strategic initiatives such as acquisitions and product launches by major industry players both of which contribute to a vibrant, fast-paced market ecosystem. For instance, in May 2022, DigitalOcean, introduced a new product line related to serverless computing, based on the company’s acquisition of Nimbella in 2021. Additionally, substantial investments in cloud infrastructure by leading companies are enhancing the region's ability to support serverless computing. For example, in January 2023, in a move to bolster its position in the cloud market, Amazon announced plans to invest an additional $35 billion in its data centers located in Virginia.

Serverless Computing Market Growth Drivers:

• Lack of control and customization may restrain the serverless computing market.

In a serverless model, the task of managing the server infrastructure is entirely handled by the cloud service provider. It diminishes the level of control the organizations have over their computing environments. This shift compared to traditional models where businesses could tweak and modify server settings to their specific requirements. The serverless model, in contrast, confines organizations to the predefined configurations set by the cloud provider. While these configurations are designed to cater to a wide range of applications, they may not suffice for organizations that demand high levels of customization for their specific needs. This limited flexibility to tailor server operations can deter companies that have specialized computational needs and may restrain the serverless computing market growth.

Serverless Computing Market Company Products:

• Azure Serverless: Microsoft Corporation's Azure Serverless is designed to streamline business processes by relieving developers of infrastructure provisioning and management tasks, allowing them to focus on core business functions. By eliminating non-essential tasks, Azure Serverless not only optimizes team performance but also amplifies the overall impact of the organization. This is achieved through a strategic reallocation of resources and focus, ensuring that the tasks undertaken directly contribute to the business's core objectives, leading to more efficient operations and enhanced productivity.
• Serverless Computing: Google LLC's serverless computing offering facilitates the development and deployment of highly scalable applications and functions. By utilizing a fully managed serverless platform, users can focus on crafting powerful, scalable solutions without concerning themselves with the management of server infrastructure, thereby streamlining the application development process.

List of Top Serverless Computing Companies:

 

• Amazon Web Service (Amazon)
• Microsoft Corporation
• IBM
• Google LLC (Alphabet Inc.)
• Apache software foundation

Serverless Computing Market Scope:

Report Metric	Details
Serverless Computing Market Size in 2025	USD 26.759 billion
Serverless Computing Market Size in 2030	USD 56.978 billion
Growth Rate	CAGR of 16.32%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	Type Enterprise Size End-User Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Serverless Computing Market	Amazon Web Service (Amazon) Microsoft Corporation IBM Google LLC (Alphabet Inc.) Apache software foundation
Customization Scope	Free report customization with purchase

 

Segmentation

• By Type
  • Backend-as-a-Service (BaaS)
  • Function-as-a-Service (FaaS)
• By Enterprise Size
  • Small
  • Medium
  • Large
• By Application
  • Application Programme Interface (API)
  • Data Processing
  • Microservice Support
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Other

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1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Sources

2.3. Research Design

3. EXECUTIVE SUMMARY

4. GLOBAL ICT STATISTICS

4.1. Global ICT investment

4.2. Number of Active Registered Firms in Key Countries

4.3. Internet Users in Key countries

4.4. Global Data Traffic

4.5. ICT Employment Statistics in Key Countries

5. ICT REGULATIONS AND STANDARDS 

5.1. Regulatory Bodies and Organizations

5.2. Standards by Technology

5.3. IT Compliance Regulations

6. DATAFICATION MARKET FORCES INSIGHTS

6.1. Drivers

6.2. Challenges

6.3. Use Cases

7. SERVERLESS COMPUTING MARKET, BY TYPE

7.1. Introduction

7.2. Backend-as-a-Service (BaaS)

7.3. Function-as-a-Service (FaaS)

8. SERVERLESS COMPUTING MARKET, BY ENTERPRISE SIZE 

8.1. Introduction

8.2. Small

8.3. Medium

8.4. Large

9. SERVERLESS COMPUTING MARKET, BY APPLICATION

9.1. Introduction

9.2. Application Programme Interface (API)

9.3. Data Processing

9.4. Microservice Support

9.5. Others

10. SERVERLESS COMPUTING MARKET, BY GEOGRAPHY

10.1. Introduction

10.2. North America

10.2.1. USA

10.2.2. Canada

10.2.3. Mexico

10.3. South America

10.3.1.  Brazil

10.3.2. Argentina

10.3.3. Others

10.4. Europe

10.4.1. Germany

10.4.2. UK

10.4.3. France

10.4.4. Spain

10.4.5. Others

10.5. Middle East and Africa

10.5.1. Saudi Arabia

10.5.2. UAE

10.5.3. Others

10.6. Asia Pacific

10.6.1. China

10.6.2. Japan

10.6.3. South Korea

10.6.4. India

10.6.5. Australia

10.6.6. Others

11. RECENT DEVELOPMENT AND INVESTMENTS

12. COMPETITIVE ENVIRONMENT AND ANALYSIS

12.1. Major Players and Strategy Analysis

12.2. Market Share Analysis

12.3. Vendor Competitiveness Matrix

13. COMPANY PROFILES

13.1. Amazon Web Service (Amazon)

13.2. Microsoft Corporation

13.3. IBM

13.4. Google LLC (Alphabet Inc.)

13.5. Apache software foundation

13.6. Oracle Corporation

13.7. AntStack

13.8. Ksolves India Limited

13.9. Zoho Corporation Pvt. Ltd.

Amazon Web Service (Amazon)

Microsoft Corporation

IBM

Google LLC (Alphabet Inc.)

Apache software foundation

Oracle Corporation

AntStack

Ksolves India Limited

Zoho Corporation Pvt. Ltd.