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Cloud Microservices Market Share

Report ID: GMI6496
Published Date: Jul 2024
Report Format: PDF

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Cloud Microservices Market Share

Major companies operating in the cloud microservices industry are:

Amazon Web Services, Inc.
Atos SE
Broadcom
Idexcel Inc
Infosys Limited
IBM Corporation
Oracle
Salesforce, Inc
Tata Consultancy Services Limited

These companies are majorly focus on launching new cloud microservices solutions for different end-users.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of cloud microservices reached USD 1.4 billion in 2023 and is set to observe over 20% CAGR between 2023 and 2032, owing to faster development cycles and continuous deployment, along with improved resource utilization and overall application performance.

The large enterprises segment held a market share of over 68% in 2023 and will grow as cloud microservices find widespread application in large enterprises due to their ability to enhance agility, scalability, and innovation.

North America market share was over 33% in 2023, attributed to the region's advanced IT infrastructure and tech-savvy culture that drive the adoption of innovative solutions like microservices.

Amazon Web Services, Inc., Atos SE, Broadcom, Idexcel Inc., Infosys Limited, IBM Corporation, Oracle, Salesforce, Inc., Tata Consultancy Services Limited.