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North America Serverless Computing Market Size, Share & Trends Analysis Report By Service Model, By Enterprise Size, By Deployment, By Industry Vertical, By Country and Growth Forecast, 2024 - 2031

Best Price Guarantee Length Publisher Published Date SKU
from $1,500 139 Pages Knowledge Based Value (KBV) Research January, 2025 KBV19527987
Best Price Guarantee
Price from $1,500
Length 139 Pages
Publisher Knowledge Based Value (KBV) Research
Published Date January, 2025
SKU KBV19527987

North America Serverless Computing Market Size, Share & Trends Analysis Report By Service Model, By Enterprise Size, By Deployment, By Industry Vertical, By Country and Growth Forecast, 2024 - 2031


The North America Serverless Computing Market would witness market growth of 13.0% CAGR during the forecast period (2024-2031).

The US market dominated the North America Serverless Computing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $13,592 million by 2031. The Canada market is experiencing a CAGR of 15.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 14.4% during (2024 - 2031).

Serverless computing is a computational execution paradigm in which the cloud service provider autonomously oversees the allocation and provisioning of server resources. Despite its name, "serverless" does not mean that servers are absent but that the complexity of managing servers is abstracted away from the user.

Additionally, with serverless computing, developers are afforded the opportunity to concentrate exclusively on the writing and deployment of code, alleviating concerns regarding the underlying infrastructure, including server provisioning, scaling, maintenance, and capacity planning.

The serverless computing market in North America continues to lead, driven by technological advancements, a robust cloud infrastructure, and a high level of digital maturity across industries. Strong adoption across BFSI, healthcare, IT, and retail sectors has further solidified the region's dominance. Additionally, the emphasis on automation, IoT integration, and data analytics drives the demand for serverless computing. Governments across the region are also fostering cloud adoption through supportive policies and investments in digital transformation, strengthening the market landscape.

Based on Service Model, the market is segmented into Function-as-a-service (FaaS), and Backend-as-a-service (BaaS). Based on Enterprise Size, the market is segmented into Large Enterprises, and Small & Medium-sized Enterprises. Based on Deployment, the market is segmented into Public Cloud, Hybrid Cloud, and Private Cloud. Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare & Life Sciences, Retail & Consumer Goods, Manufacturing, Government & Defense, Transportation & Logistics, and Other Industry Vertical. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Microsoft Corporation
  • Google LLC (Alphabet Inc.)
  • IBM Corporation
  • Oracle Corporation
  • Alibaba Cloud (Alibaba Group Holding Limited)
  • Cloudflare, Inc.
  • Tencent Holdings Ltd.
  • SAP SE
  • Salesforce, Inc.
North America Serverless Computing Market Report Segmentation

By Service Model
  • Function-as-a-service (FaaS)
  • Backend-as-a-service (BaaS)
By Enterprise Size
  • Large Enterprises
  • Small & Medium-sized Enterprises
By Deployment
  • Public Cloud
  • Hybrid Cloud
  • Private Cloud
By Industry Vertical
  • BFSI
  • IT & Telecom
  • Healthcare & Life Sciences
  • Retail & Consumer Goods
  • Manufacturing
  • Government & Defense
  • Transportation & Logistics
  • Other Industry Vertical
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Serverless Computing Market, by Service Model
1.4.2 North America Serverless Computing Market, by Enterprise Size
1.4.3 North America Serverless Computing Market, by Deployment
1.4.4 North America Serverless Computing Market, by Industry Vertical
1.4.5 North America Serverless Computing Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.5 Porter Five Forces Analysis
Chapter 5. North America Serverless Computing Market by Service Model
5.1 North America Function-as-a-service (FaaS) Market by Region
5.2 North America Backend-as-a-service (BaaS) Market by Region
Chapter 6. North America Serverless Computing Market by Enterprise Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small & Medium-sized Enterprises Market by Country
Chapter 7. North America Serverless Computing Market by Deployment
7.1 North America Public Cloud Market by Country
7.2 North America Hybrid Cloud Market by Country
7.3 North America Private Cloud Market by Country
Chapter 8. North America Serverless Computing Market by Industry Vertical
8.1 North America BFSI Market by Country
8.2 North America IT & Telecom Market by Country
8.3 North America Healthcare & Life Sciences Market by Country
8.4 North America Retail & Consumer Goods Market by Country
8.5 North America Manufacturing Market by Country
8.6 North America Government & Defense Market by Country
8.7 North America Transportation & Logistics Market by Country
8.8 North America Other Industry Vertical Market by Country
Chapter 9. North America Serverless Computing Market by Country
9.1 US Serverless Computing Market
9.1.1 US Serverless Computing Market by Service Model
9.1.2 US Serverless Computing Market by Enterprise Size
9.1.3 US Serverless Computing Market by Deployment
9.1.4 US Serverless Computing Market by Industry Vertical
9.2 Canada Serverless Computing Market
9.2.1 Canada Serverless Computing Market by Service Model
9.2.2 Canada Serverless Computing Market by Enterprise Size
9.2.3 Canada Serverless Computing Market by Deployment
9.2.4 Canada Serverless Computing Market by Industry Vertical
9.3 Mexico Serverless Computing Market
9.3.1 Mexico Serverless Computing Market by Service Model
9.3.2 Mexico Serverless Computing Market by Enterprise Size
9.3.3 Mexico Serverless Computing Market by Deployment
9.3.4 Mexico Serverless Computing Market by Industry Vertical
9.4 Rest of North America Serverless Computing Market
9.4.1 Rest of North America Serverless Computing Market by Service Model
9.4.2 Rest of North America Serverless Computing Market by Enterprise Size
9.4.3 Rest of North America Serverless Computing Market by Deployment
9.4.4 Rest of North America Serverless Computing Market by Industry Vertical
Chapter 10. Company Profiles
10.1 Amazon Web Services, Inc. (Amazon.com, Inc.)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental Analysis
10.1.4 Recent strategies and developments:
10.1.4.1 Partnerships, Collaborations, and Agreements:
10.1.5 SWOT Analysis
10.2 Google LLC (Alphabet Inc.)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 IBM Corporation
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional & Segmental Analysis
10.3.4 Research & Development Expenses
10.3.5 SWOT Analysis
10.4 Microsoft Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Product Launches and Product Expansions:
10.4.6 SWOT Analysis
10.5 Oracle Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 SWOT Analysis
10.6 Alibaba Cloud (Alibaba Group Holding Limited)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental Analysis
10.6.4 Recent strategies and developments:
10.6.4.1 Partnerships, Collaborations, and Agreements:
10.6.4.2 Product Launches and Product Expansions:
10.6.5 SWOT Analysis
10.7 Cloudflare, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.5.2 Product Launches and Product Expansions:
10.7.5.3 Acquisition and Mergers:
10.7.6 SWOT Analysis
10.8 Tencent Holdings Ltd.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.9 Salesforce, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 Recent strategies and developments:
10.9.5.1 Product Launches and Product Expansions:
10.9.6 SWOT Analysis
10.10. SAP SE
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Regional Analysis
10.10.4 Research & Development Expense
10.10.5 SWOT Analysis

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