Europe Serverless Architecture Market Size & Outlook
The serverless architecture market in Europe is expected to reach a projected revenue of US$ 13,222.8 million by 2030. A compound annual growth rate of 29% is expected of Europe serverless architecture market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,387.7
Forecast, 2030 (US$M)
$13,222.8
CAGR, 2024 - 2030
29%
Report Coverage
Europe
Europe serverless architecture market highlights
- The Europe serverless architecture market generated a revenue of USD 2,387.7 million in 2023.
- The market is expected to grow at a CAGR of 27.7% from 2024 to 2030.
- In terms of segment, automation & integration was the largest revenue generating services in 2023.
- Automation & Integration is the most lucrative services segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 2,387.7 million |
| Market revenue in 2030 | USD 13,222.8 million |
| Growth rate | 27.7% (CAGR from 2024 to 2030) |
| Largest segment | Automation & integration |
| Fastest growing segment | Automation & Integration |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automation & Integration |
| Key market players worldwide | Alibaba Group Holding Ltd ADR, Cloudflare Inc, Google, International Business Machines Corp, Microsoft Corp, NTT Data Group Corp, TIBCO, Amazon.com Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.3% of the global serverless architecture market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 12,271.1 million by 2030.
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Serverless Architecture Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| View profile | 10001+ | Mountain View, California, United States, North America | https://www.google.com | |
| TIBCO | View profile | 1001-5000 | Palo Alto, California, United States, North America | http://www.tibco.com |
| NTT Data Group Corp | View profile | 202667 | Toyosu Center Building, 3-3, Toyosu 3-chome, Koto-ku, Yubinbango, Tokyo, Japan, 135-6033 | https://www.nttdata.com |
| Cloudflare Inc | View profile | 3704 | 101 Townsend Street, San Francisco, CA, United States, 94107 | https://www.cloudflare.com |
| Alibaba Group Holding Ltd ADR | View profile | 204891 | 1 Matheson Street, Causeway Bay, 26th Floor, Tower One, Times Square, Hong Kong, Hong Kong, | https://www.alibabagroup.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
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