Serverless Computing Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
Serverless Computing Market is expected to register a healthy CAGR of over 23.17% during the forecast period. Advancements in computing technology enable organizations to incorporate a serverless environment, thereby augmenting the market. The benefits of Serverless Computing, such as unconditional development and deployment, and built-in scalability, among others, are playing an essential role in supporting the rapid adoption of Serverless Computing, thereby fueling the market's growth.
Key HighlightsThe serverless computing market is moderately competitive and consists of several significant players. In terms of market share, some of the players are currently dominating the market. However, with the advancement in the cloud platform across professional services, new players are increasing their market presence, thereby expanding their business footprint across emerging economies.
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