Technology News & Trends

  The competition among the players operating in the  global function as a service market  is anticipated to intensify over the years owing to unique product categories introduced by leading companies, states Transparency Market Research (TMR) in a research report. The premier companies operating in the global function as a service market are Amazon Web Services Inc., Microsoft Corporation, VMware Inc., and Google Inc. are some of the leading players in the global market. As indicated by the report, the global market for function as a service stood at US$ 1.23bn in 2016 and is foreseen to achieve US$ 4.28bn by the end of 2025, expanding at a CAGR of 15.3% during 2017 to 2025. As far as regions are concerned, North America ruled the worldwide function as a service market in 2016. Function as a service is a cloud service which enables service less management and app development. Function as a service enables the end users to...

The competition among the players operating in the global  function as a service m arket is anticipated to intensify over the years owing to unique product categories introduced by leading companies, states Transparency Market Research (TMR) in a research report. The premier companies operating in the global function as a service market are Amazon Web Services Inc., Microsoft Corporation, VMware Inc., and Google Inc. are some of the leading players in the global market. As indicated by the report, the global market for function as a service stood at US$ 1.23bn in 2016 and is foreseen to achieve US$ 4.28bn by the end of 2025, expanding at a CAGR of 15.3% during 2017 to 2025. As far as regions are concerned, North America ruled the worldwide function as a service market in 2016. Growing Applications to have Positive Impact on Market The global function as a service market is predicted to grow in the black at a knockout CAGR as organizations shift from DevOps to serverless com...

Transparency Market Research (TMR) observes that competitive landscape in the  global Function as a Service (FaaS)  is quite dynamic and has a distinct presence of a few big players. Amazon Web Services Inc., Microsoft Corporation, VMware Inc., and Google Inc. are some of the leading players in the global market. As of 2016, these companies held a whopping share of above 80% in the global market. Research and development and mergers and acquisitions are anticipated to be key strategies of these players in the near future. According to the research report, the global FaaS market was valued at US$1230.0 mn in 2016 and is expected to be worth US$4280.0 mn by the end of 2025. Over the forecast period of 2017 and 2025, the global market is expected to progress at a CAGR of 15.3%. Among the various end users, the global FaaS market is likely to be driven by the telecommunications segment in the coming years as it is slated to surge at a CAGR of 15.3% during the forecast period...