Global Serverless Computing Market Size & Outlook
Global serverless computing market, 2018-2030 (US$M)
Related Markets
Global serverless computing market highlights
- The global serverless computing market generated a revenue of USD 24.5 million in 2024 and is expected to reach USD 52.1 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 14.1% by 2030.
- In terms of segment, function-as-a-service (faas) accounted for a revenue of USD 16.6 million in 2024.
- Function-as-a-service (FaaS) is the most lucrative service model segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, South Korea is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 24.5 million |
| Market revenue in 2030 | USD 52.1 million |
| Growth rate | 14.1% (CAGR from 2025 to 2030) |
| Largest segment | Function-as-a-service (faas) |
| Fastest growing segment | Function-as-a-service (FaaS) |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Function-as-a-service (FaaS), Backend-as-a-service (BaaS) |
Other key industry trends
- In terms of revenue, the North America accounted for 35.2% of the global serverless computing market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Korea is the fastest growing regional market and is projected to reach USD 3.0 million by 2030.
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Serverless Computing Market Scope
Serverless Computing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| IBM Corp. | View profile | - | - | - |
| Amazon Web Services | View profile | 10001+ | Seattle, Washington, United States, North America | http://aws.amazon.com |
| Alibaba Cloud | View profile | 10001+ | Hangzhou, Zhejiang, China, Asia | https://in.alibabacloud.com |
| View profile | 10001+ | Mountain View, California, United States, North America | https://www.google.com | |
| Red Hat | View profile | 10001+ | Raleigh, North Carolina, United States, North America | http://www.redhat.com |
| Tencent Cloud | View profile | 101-250 | Shenzhen, Guangdong, China, Asia | https://intl.cloud.tencent.com |
| Cloudflare Inc | View profile | 3704 | 101 Townsend Street, San Francisco, CA, United States, 94107 | https://www.cloudflare.com |
| SAP SE ADR | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
Global serverless computing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to serverless computing market will help companies and investors design strategic landscapes.
Function-as-a-service (faas) was the largest segment with a revenue share of 67.76% in 2024. Horizon Databook has segmented the Global serverless computing market based on function-as-a-service (faas), backend-as-a-service (baas) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Serverless Computing Service Model Outlook (Revenue, USD Million, 2018-2030)
- Function-as-a-service (FaaS)
- Backend-as-a-service (BaaS)
- Global Serverless Computing Deployment Outlook (Revenue, USD Million, 2018-2030)
- Public Cloud
- Private Cloud
- Hybrid Cloud
- Global Serverless Computing Organization Size Outlook (Revenue, USD Million, 2018-2030)
- Large Enterprises
- Small & Medium Sized Enterprises
- Global Serverless Computing End Use Outlook (Revenue, USD Million, 2018-2030)
- IT & Telecom
- BFSI
- Retail & Consumer Goods
- Healthcare & Life Sciences
- Government & Defense
- Transportation & Logistics
- Manufacturing
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global serverless computing market , including forecasts for subscribers. This global databook contains high-level insights into Global serverless computing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global serverless computing market size, by regions, 2018-2030 (US$M)
Top 10 countries: Serverless computing market size, 2024 (US$M)
Global serverless computing market share, by service model, 2024 & 2030 (%, US$M)
Serverless computing market: Opportunity assessment by country
Global serverless computing market, by region, 2024 (US$M)
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