Worldwide FaaS Market Shares, 2023: Enabling Developers on PaaS

This IDC study presents market share for the worldwide PaaS-delivered FaaS market, a capability of the serverless cloud model, for 2023. It also reports on the prior two years to provide context for how the market has evolved. In addition, it also includes a competitive analysis of the market leaders."AWS, Microsoft, and Google lead the way in the worldwide FaaS market with nearly 90% of the $3.2 billion market," said Adam Reeves, research director, PaaS for Developers of Modern and Edge Applications, at IDC. "With a common theme of making their offerings more attractive to developers, these PaaS vendors continue to innovate their services to make developing on their platforms easier to use and more efficient."