Cloud Microservices Market is Booming Market to Rapidly Growing a Highest CAGR

Posted by peeterdbmr on May 13th, 2021

Cloud microservices market is expected to grow at a CAGR of 21.7% in the forecast period of 2020 to 2027. A cloud microservices is a technique of software development and a collection of loosely coupled services.

It is a method of developing software systems which tries to emphasis on developing single-function modules with well-defined operations and interfaces. It is also known by the name of microservice architecture.

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Key Market Competitors: Global Cloud Microservices Market

The major players covered in the cloud microservices market report are OpenLegacy, Microsoft, Marlabs Inc., Invision, GitHub Inc., Contino, Kontena, Broadcom, Idexcel Inc., Amazon Web Services, Inc., CA Technologies, Infosys Limited, NGINX Inc., Oracle, Pivotal Software, Inc., Syntel, Inc., Gurock, Marlabs Inc. and IBM among other domestic and global players.

Segmentation: Global Cloud Microservices Market

•          On the basis of component, cloud microservices market is segmented into platform and services. Services are sub-segmented into consulting services, integration services and training, support, and maintenance services.
•          Based on organization size, cloud microservices market is segmented into large enterprises and small and medium-sized enterprises.
•          Based on deployment mode, cloud microservices market is segmented into public cloud, private cloud and hybrid cloud.
•          Based on vertical, cloud microservices market is segmented into retail and e-commerce, healthcare, media and entertainment, banking, financial services, and insurance, IT and ITes, government, transportation and logistics, manufacturing, telecommunication and others.

Focus of the report

• CAGR values in the market for the forecast period
• Key trends in the market place
• Major players and brands
• Historical and current market size and projection up to 2026.
• Detailed overview of parent market
• Changing market dynamics of the industry

Reasons to Purchase this Report

•          The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
•          Regions/Countries that are expected to witness the fastest growth rates during the forecast period
•          The latest developments, market shares, and strategies that are employed by the major market players