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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1300831

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1300831

Global Microservices Architecture Market Size study & Forecast, by Component By Deployment Type By Organization Size By Industry Vertical and Regional Analysis, 2023-2030

PUBLISHED: June 27, 2023

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DELIVERY TIME: 2-3 business days

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Global Microservices Architecture Market is valued approximately USD 5.49 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 18.66% over the forecast period 2023-2030. Microservices architecture is an architectural style for building applications as a collection of small, loosely coupled, and independently deployable services. In this architecture, an application is divided into multiple smaller services, each responsible for a specific business capability. The Microservices Architecture market is expanding because of factors such as increasing adoption of enterprise cloud and growing adoption of IoT connected devices. Services in a microservices architecture communicate with each other through well-defined APIs, typically using lightweight protocols like REST or messaging systems. This loose coupling allows services to evolve independently, enabling flexibility and easy replacement or addition of services. Its emergence has progressively increased during the last few decades.

According to the Statista, in 2022, 80% of enterprise respondents had implemented a hybrid cloud in their organisation. The transition to hybrid cloud solutions is typically done at the price of managing separate private and public clouds. Furthermore, in 2021, 30% of respondents employed multiple public clouds and one private cloud in their business. Overall, multi cloud and hybrid cloud architectures, which incorporate different clouds in one architecture model, are the leading architectures for cloud service delivery. Another important component driving space increase adoption of IoT connected devices. As per Statista, the number of Internet of Things (IoT) connected devices is estimated to reach approx. 17 billion connected devices by 2030. In addition, about 8.6 billion linked devices by 2030, the number of Internet of Things (IoT) connected devices in Greater China is expected to be the highest in the region. Europe and North America are also likely to lead in terms of the number of IoT devices. Also, growing adoption of virtualized infrastructure and rising adoption of the Internet of Things would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of microservices architecture stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Microservices Architecture Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of key market players in the region. According to the Statista, the Infrastructure as a Service segment is estimated to reach USD 69.46 billion in 2023. Furthermore, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising number of enterprises and increasing government initiatives for digitalization in the market space.

Major market players included in this report are:

CA Technologies
IBM corporation,
Microsoft corporation,
Oracle Corporation,
Tata Consultancy Services Limited,
Cognizant,
Infosys Limited,
Datawire,
Software AG,
Salesforce, Inc

Recent Developments in the Market:

In June 2022, Salesforce is now connecting heterogeneous data sets using robotic process automation with no-code technology built by its MuleSoft unit. Bots built with an RPA-infused integration platform can now automate much of the effort required to connect data from disparate systems.

Global Microservices Architecture Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Component, Deployment Type, Organization Size, Industry Vertical, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component

Solution
Service

By Deployment Type

On-premise
Cloud

By Organization Size

Large Enterprises
Small & Medium Enterprises

By Industry Vertical

BFSI
Manufacturing
Retail & E-commerce
IT & Telecom
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Microservices Architecture Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Microservices Architecture Market, by Component, 2020-2030 (USD Billion)
- 1.2.3. Microservices Architecture Market, by Deployment Type, 2020-2030 (USD Billion)
- 1.2.4. Microservices Architecture Market, by Organization Size, 2020-2030 (USD Billion)
- 1.2.5. Microservices Architecture Market, by Industry Vertical, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Microservices Architecture Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Microservices Architecture Market Dynamics

3.1. Microservices Architecture Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing adoption of enterprise cloud
  - 3.1.1.2. Growing adoption of IoT connected devices
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Microservices Architecture
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing adoption of virtualized infrastructure

3.1.3.2. Rising adoption of the Internet of Things (IoT)

Chapter 4. Global Microservices Architecture Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Microservices Architecture Market, by Component

5.1. Market Snapshot
5.2. Global Microservices Architecture Market by Component, Performance - Potential Analysis
5.3. Global Microservices Architecture Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4. Microservices Architecture Market, Sub Segment Analysis
- 5.4.1. Solution
- 5.4.2. Service

Chapter 6. Global Microservices Architecture Market, by Deployment Type

6.1. Market Snapshot
6.2. Global Microservices Architecture Market by Deployment Type, Performance - Potential Analysis
6.3. Global Microservices Architecture Market Estimates & Forecasts by Deployment Type 2020-2030 (USD Billion)
6.4. Microservices Architecture Market, Sub Segment Analysis
- 6.4.1. On-premise
- 6.4.2. Cloud

Chapter 7. Global Microservices Architecture Market, by Organization Size

7.1. Market Snapshot
7.2. Global Microservices Architecture Market by Organization Size, Performance - Potential Analysis
7.3. Global Microservices Architecture Market Estimates & Forecasts by Organization Size 2020-2030 (USD Billion)
7.4. Microservices Architecture Market, Sub Segment Analysis
- 7.4.1. Large Enterprises
- 7.4.2. Small & Medium Enterprises

Chapter 8. Global Microservices Architecture Market, by Industry Vertical

8.1. Market Snapshot
8.2. Global Microservices Architecture Market by Industry Vertical, Performance - Potential Analysis
8.3. Global Microservices Architecture Market Estimates & Forecasts by Industry Vertical 2020-2030 (USD Billion)
8.4. Microservices Architecture Market, Sub Segment Analysis
- 8.4.1. BFSI
- 8.4.2. Manufacturing
- 8.4.3. Retail & E-commerce
- 8.4.4. IT & Telecom
- 8.4.5. Others

Chapter 9. Global Microservices Architecture Market, Regional Analysis

9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Microservices Architecture Market, Regional Market Snapshot
9.4. North America Microservices Architecture Market
- 9.4.1. U.S. Microservices Architecture Market
  - 9.4.1.1. Component breakdown estimates & forecasts, 2020-2030
  - 9.4.1.2. Deployment Type breakdown estimates & forecasts, 2020-2030
  - 9.4.1.3. Organization Size breakdown estimates & forecasts, 2020-2030
  - 9.4.1.4. Industry Vertical breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Microservices Architecture Market
9.5. Europe Microservices Architecture Market Snapshot
- 9.5.1. U.K. Microservices Architecture Market
- 9.5.2. Germany Microservices Architecture Market
- 9.5.3. France Microservices Architecture Market
- 9.5.4. Spain Microservices Architecture Market
- 9.5.5. Italy Microservices Architecture Market
- 9.5.6. Rest of Europe Microservices Architecture Market
9.6. Asia-Pacific Microservices Architecture Market Snapshot
- 9.6.1. China Microservices Architecture Market
- 9.6.2. India Microservices Architecture Market
- 9.6.3. Japan Microservices Architecture Market
- 9.6.4. Australia Microservices Architecture Market
- 9.6.5. South Korea Microservices Architecture Market
- 9.6.6. Rest of Asia Pacific Microservices Architecture Market
9.7. Latin America Microservices Architecture Market Snapshot
- 9.7.1. Brazil Microservices Architecture Market
- 9.7.2. Mexico Microservices Architecture Market
9.8. Middle East & Africa Microservices Architecture Market
- 9.8.1. Saudi Arabia Microservices Architecture Market
- 9.8.2. South Africa Microservices Architecture Market
- 9.8.3. Rest of Middle East & Africa Microservices Architecture Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. CA Technologies
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Recent Developments
- 10.3.2. IBM corporation,
- 10.3.3. Microsoft corporation,
- 10.3.4. Oracle Corporation,
- 10.3.5. Tata Consultancy Services Limited,
- 10.3.6. Cognizant,
- 10.3.7. Infosys Limited,
- 10.3.8. Datawire,
- 10.3.9. Software AG,
- 10.3.10. Salesforce, Inc

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Microservices Architecture Market, report scope
TABLE 2. Global Microservices Architecture Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Microservices Architecture Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 4. Global Microservices Architecture Market estimates & forecasts by Deployment Type 2020-2030 (USD Billion)
TABLE 5. Global Microservices Architecture Market estimates & forecasts by Organization Size 2020-2030 (USD Billion)
TABLE 6. Global Microservices Architecture Market estimates & forecasts by Industry Vertical 2020-2030 (USD Billion)
TABLE 7. Global Microservices Architecture Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Microservices Architecture Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Microservices Architecture Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Microservices Architecture Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Microservices Architecture Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Microservices Architecture Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Microservices Architecture Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Microservices Architecture Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Microservices Architecture Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Microservices Architecture Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Microservices Architecture Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. U.S. Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Microservices Architecture Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. Canada Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Microservices Architecture Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. UK Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Microservices Architecture Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. Germany Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Microservices Architecture Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. France Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Microservices Architecture Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Italy Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Microservices Architecture Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Spain Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Microservices Architecture Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. RoE Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Microservices Architecture Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. China Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Microservices Architecture Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. India Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Microservices Architecture Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. Japan Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Microservices Architecture Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. South Korea Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Microservices Architecture Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. Australia Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Microservices Architecture Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. RoAPAC Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Microservices Architecture Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Brazil Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Microservices Architecture Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Mexico Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Microservices Architecture Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. RoLA Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia Microservices Architecture Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. South Africa Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoMEA Microservices Architecture Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Microservices Architecture Market
TABLE 72. List of primary sources, used in the study of global Microservices Architecture Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Microservices Architecture Market, research methodology
FIG 2. Global Microservices Architecture Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Microservices Architecture Market, key trends 2022
FIG 5. Global Microservices Architecture Market, growth prospects 2023-2030
FIG 6. Global Microservices Architecture Market, porters 5 force model
FIG 7. Global Microservices Architecture Market, pest analysis
FIG 8. Global Microservices Architecture Market, value chain analysis
FIG 9. Global Microservices Architecture Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Microservices Architecture Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Microservices Architecture Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Microservices Architecture Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Microservices Architecture Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Microservices Architecture Market, regional snapshot 2020 & 2030
FIG 15. North America Microservices Architecture Market 2020 & 2030 (USD Billion)
FIG 16. Europe Microservices Architecture Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Microservices Architecture Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Microservices Architecture Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Microservices Architecture Market 2020 & 2030 (USD Billion)