This IDC study presents market share for the worldwide PaaS-delivered FaaS market, a capability of the serverless cloud model, for 2023. It also reports on the prior two years to provide context for how the market has evolved. In addition, it also includes a competitive analysis of the market leaders.“AWS, Microsoft, and Google lead the way in the worldwide FaaS market with nearly 90% of the $3.2 billion market,” said Adam Reeves, research director, PaaS for Developers of Modern and Edge Applications, at IDC. “With a common theme of making their offerings more attractive to developers, these PaaS vendors continue to innovate their services to make developing on their platforms easier to use and more efficient.”
IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Market Share
Who Shaped the Year
Market Context
Significant Market Developments
Methodology
Market Definition
Related Research
Research Assistance
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