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Microservices Architecture Market by Component (Solution and Services), Deployment Mode (On-Premise and Cloud), Organization Size (Large Enterprises and Small & Medium Enterprises), Industry Vertical (BFSI, Retail & E-Commerce, Manufacturing, Government & Defense, Energy & Utilities, IT & Telecom, Education, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026

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Sep 2019 | 41 Views
 
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Microservices Architecture Market Outlook - 2026

Microservices architecture is an approach of developing a software system in which a large application is fragmented into smaller manageable independent services which focuses on executing a task professionally and communicating via uncertain language. Each module is assigned with a specific task or business goal and uses a simple, well-defined interface, such as API to interconnect with other sets of services. It helps enterprises to make teams that focus on a smaller independent service managed by a smaller team, which empowers superior scalable systems, improved productivity, and faster development cycles. The main benefits of microservices architecture are: it improves business time by providing technology agility, supports consumer transparency, and extends the reach of business. AWS is implementing serverless microservices architecture to speed up development cycles and support scalability which is considered as a microservices architecture market trends.

Increase in the adoption of cloud-based software-as-a-service provider in enterprises and increase in the use of connected devices such as smartphones, tablets, fitness trackers and drones are the major factors that drive the growth of the microservices architecture market. In addition, the factors such as improvement in fault isolation, eradication of long-term commitment on single technology and easy platform for new developers drives microservices architecture market growth. However, security and compliance issues while implementation of microservice architecture hampers the growth of the market. Furthermore, emergence of IoT technology in microservice architecture and adoption of virtualization are anticipated to create major opportunities for the market.

The microservices architecture market is segmented into component, deployment mode, organization size, industry vertical, and region. In terms of component, it is segmented into solution and services. By deployment mode, it is segmented into on-premise and cloud. As per organization size, it is segmented into large enterprises and small & medium enterprises. As per industry vertical, it is categorized into BFSI, retail & e-commerce, manufacturing, government & defense, energy & utilities, IT & telecom, education, healthcare, and others. Region-wise, the microservices architecture is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the microservices architecture market analysis are IBM Corporation, Microsoft Corporation, Nginx Inc., Salesforce.Com, Inc., Infosys Limited, Cognizant, MuleSoft Inc., Datawire, Tata Consultancy Services Limited and Amazon Web Services Inc.

KEY BENEFITS FOR STAKEHOLDERS

  • The study provides an in-depth analysis of the global microservices architecture market share along with the current trends and future estimations to elucidate the imminent investment pockets.
  • Information about the key drivers, restraints, and opportunities and their impact analysis on the market size is provided.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the microservices architecture industry.
  • The quantitative analysis of the market from 2019 to 2026 is provided to determine the market potential.

MICROSERVICES ARCHITECTURE MARKET KEY SEGMENTS

By Component

  • Solution
  • Services

By Deployment Mode

  • On-Premise
  • Cloud

By Organization Size

  • Large Enterprises
  • Small and Medium Enterprises

By Industry Vertical

  • BFSI
  • Retail & E-commerce
  • Manufacturing
  • Government & Defense
  • Energy & Utilities
  • IT and Telecom
  • Education
  • Healthcare
  • Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe 
    • UK
    • Germany 
    • France
    • Rest of Europe
  • Asia-Pacific 
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America 
    • Middle East
    • Africa

KEY MARKET PLAYERS 

  • IBM Corporation
  • Microsoft Corporation
  • Nginx Inc.
  • Salesforce.Com, Inc.
  • Infosys Limited
  • Cognizant
  • MuleSoft, INC.
  • Datawire 
  • Tata Consultancy Services Limited
  • Amazon Web Services Inc.
 

   

 
 
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