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PUBLISHER: KBV Research | PRODUCT CODE: 1645375
PUBLISHER: KBV Research | PRODUCT CODE: 1645375
Europe Serverless Computing Market Size, Share & Trends Analysis Report By Service Model, By Enterprise Size, By Deployment, By Industry Vertical, By Country and Growth Forecast, 2024 - 2031
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The Europe Serverless Computing Market would witness market growth of 13.2% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Serverless Computing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,779.7 million by 2031. The UK market is exhibiting a CAGR of 12.3% during (2024 - 2031). Additionally, The France market would experience a CAGR of 14.2% during (2024 - 2031).
The rise of serverless computing is also closely tied to the growing importance of microservices and event-driven architectures in application development. Traditional monolithic architectures, while functional, are often rigid and difficult to scale. In contrast, serverless computing aligns perfectly with the principles of microservices, allowing developers to break applications into smaller, independently deployable functions.
Additionally, this modular approach not only improves scalability but also simplifies the development and maintenance of applications. The event-driven nature of serverless computing further enhances its appeal, enabling businesses to respond dynamically to real-time events such as user actions, IoT device signals, or changes in data streams.
The Europe segment benefits from the region's emphasis on regulatory compliance, data sovereignty, and the adoption of advanced cloud technologies. Businesses across industries leverage serverless computing to optimize operations and meet sustainability goals, aligning with Europe's focus on green IT solutions. The increasing digitalization of traditional industries, particularly manufacturing, healthcare, and retail, drives demand for serverless architectures. Additionally, innovative cloud providers and supportive government policies in key markets like Germany, the UK, and France contribute to the growth of serverless computing in Europe.
Based on Service Model, the market is segmented into Function-as-a-service (FaaS), and Backend-as-a-service (BaaS). Based on Enterprise Size, the market is segmented into Large Enterprises, and Small & Medium-sized Enterprises. Based on Deployment, the market is segmented into Public Cloud, Hybrid Cloud, and Private Cloud. Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Healthcare & Life Sciences, Retail & Consumer Goods, Manufacturing, Government & Defense, Transportation & Logistics, and Other Industry Vertical. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- Google LLC (Alphabet Inc.)
- IBM Corporation
- Oracle Corporation
- Alibaba Cloud (Alibaba Group Holding Limited)
- Cloudflare, Inc.
- Tencent Holdings Ltd.
- SAP SE
- Salesforce, Inc.
Europe Serverless Computing Market Report Segmentation
By Service Model
- Function-as-a-service (FaaS)
- Backend-as-a-service (BaaS)
By Enterprise Size
- Large Enterprises
- Small & Medium-sized Enterprises
By Deployment
- Public Cloud
- Hybrid Cloud
- Private Cloud
By Industry Vertical
- BFSI
- IT & Telecom
- Healthcare & Life Sciences
- Retail & Consumer Goods
- Manufacturing
- Government & Defense
- Transportation & Logistics
- Other Industry Vertical
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Serverless Computing Market, by Service Model
- 1.4.2 Europe Serverless Computing Market, by Enterprise Size
- 1.4.3 Europe Serverless Computing Market, by Deployment
- 1.4.4 Europe Serverless Computing Market, by Industry Vertical
- 1.4.5 Europe Serverless Computing Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.5 Porter Five Forces Analysis
Chapter 5. Europe Serverless Computing Market by Service Model
- 5.1 Europe Function-as-a-service (FaaS) Market by Country
- 5.2 Europe Backend-as-a-service (BaaS) Market by Country
Chapter 6. Europe Serverless Computing Market by Enterprise Size
- 6.1 Europe Large Enterprises Market by Country
- 6.2 Europe Small & Medium-sized Enterprises Market by Country
Chapter 7. Europe Serverless Computing Market by Deployment
- 7.1 Europe Public Cloud Market by Country
- 7.2 Europe Hybrid Cloud Market by Country
- 7.3 Europe Private Cloud Market by Country
Chapter 8. Europe Serverless Computing Market by Industry Vertical
- 8.1 Europe BFSI Market by Country
- 8.2 Europe IT & Telecom Market by Country
- 8.3 Europe Healthcare & Life Sciences Market by Country
- 8.4 Europe Retail & Consumer Goods Market by Country
- 8.5 Europe Manufacturing Market by Country
- 8.6 Europe Government & Defense Market by Country
- 8.7 Europe Transportation & Logistics Market by Country
- 8.8 Europe Other Industry Vertical Market by Country
Chapter 9. Europe Serverless Computing Market by Country
- 9.1 Germany Serverless Computing Market
- 9.1.1 Germany Serverless Computing Market by Service Model
- 9.1.2 Germany Serverless Computing Market by Enterprise Size
- 9.1.3 Germany Serverless Computing Market by Deployment
- 9.1.4 Germany Serverless Computing Market by Industry Vertical
- 9.2 UK Serverless Computing Market
- 9.2.1 UK Serverless Computing Market by Service Model
- 9.2.2 UK Serverless Computing Market by Enterprise Size
- 9.2.3 UK Serverless Computing Market by Deployment
- 9.2.4 UK Serverless Computing Market by Industry Vertical
- 9.3 France Serverless Computing Market
- 9.3.1 France Serverless Computing Market by Service Model
- 9.3.2 France Serverless Computing Market by Enterprise Size
- 9.3.3 France Serverless Computing Market by Deployment
- 9.3.4 France Serverless Computing Market by Industry Vertical
- 9.4 Russia Serverless Computing Market
- 9.4.1 Russia Serverless Computing Market by Service Model
- 9.4.2 Russia Serverless Computing Market by Enterprise Size
- 9.4.3 Russia Serverless Computing Market by Deployment
- 9.4.4 Russia Serverless Computing Market by Industry Vertical
- 9.5 Spain Serverless Computing Market
- 9.5.1 Spain Serverless Computing Market by Service Model
- 9.5.2 Spain Serverless Computing Market by Enterprise Size
- 9.5.3 Spain Serverless Computing Market by Deployment
- 9.5.4 Spain Serverless Computing Market by Industry Vertical
- 9.6 Italy Serverless Computing Market
- 9.6.1 Italy Serverless Computing Market by Service Model
- 9.6.2 Italy Serverless Computing Market by Enterprise Size
- 9.6.3 Italy Serverless Computing Market by Deployment
- 9.6.4 Italy Serverless Computing Market by Industry Vertical
- 9.7 Rest of Europe Serverless Computing Market
- 9.7.1 Rest of Europe Serverless Computing Market by Service Model
- 9.7.2 Rest of Europe Serverless Computing Market by Enterprise Size
- 9.7.3 Rest of Europe Serverless Computing Market by Deployment
- 9.7.4 Rest of Europe Serverless Computing Market by Industry Vertical
Chapter 10. Company Profiles
- 10.1 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental Analysis
- 10.1.4 Recent strategies and developments:
- 10.1.4.1 Partnerships, Collaborations, and Agreements:
- 10.1.5 SWOT Analysis
- 10.2 Google LLC (Alphabet Inc.)
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental and Regional Analysis
- 10.2.4 Research & Development Expense
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Product Launches and Product Expansions:
- 10.2.6 SWOT Analysis
- 10.3 IBM Corporation
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Regional & Segmental Analysis
- 10.3.4 Research & Development Expenses
- 10.3.5 SWOT Analysis
- 10.4 Microsoft Corporation
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expenses
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Product Launches and Product Expansions:
- 10.4.6 SWOT Analysis
- 10.5 Oracle Corporation
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 SWOT Analysis
- 10.6 Alibaba Cloud (Alibaba Group Holding Limited)
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental Analysis
- 10.6.4 Recent strategies and developments:
- 10.6.4.1 Partnerships, Collaborations, and Agreements:
- 10.6.4.2 Product Launches and Product Expansions:
- 10.6.5 SWOT Analysis
- 10.7 Cloudflare, Inc.
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Regional Analysis
- 10.7.4 Research & Development Expense
- 10.7.5 Recent strategies and developments:
- 10.7.5.1 Partnerships, Collaborations, and Agreements:
- 10.7.5.2 Product Launches and Product Expansions:
- 10.7.5.3 Acquisition and Mergers:
- 10.7.6 SWOT Analysis
- 10.8 Tencent Holdings Ltd.
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expenses
- 10.9 Salesforce, Inc.
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Regional Analysis
- 10.9.4 Research & Development Expenses
- 10.9.5 Recent strategies and developments:
- 10.9.5.1 Product Launches and Product Expansions:
- 10.9.6 SWOT Analysis
- 10.10. SAP SE
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Regional Analysis
- 10.10.4 Research & Development Expense
- 10.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 Europe Serverless Computing Market, 2020 - 2023, USD Million
- TABLE 2 Europe Serverless Computing Market, 2024 - 2031, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Serverless Computing Market
- TABLE 4 Product Launches And Product Expansions- Serverless Computing Market
- TABLE 5 Acquisition and Mergers- Serverless Computing Market
- TABLE 6 Europe Serverless Computing Market by Service Model, 2020 - 2023, USD Million
- TABLE 7 Europe Serverless Computing Market by Service Model, 2024 - 2031, USD Million
- TABLE 8 Europe Function-as-a-service (FaaS) Market by Country, 2020 - 2023, USD Million
- TABLE 9 Europe Function-as-a-service (FaaS) Market by Country, 2024 - 2031, USD Million
- TABLE 10 Europe Backend-as-a-service (BaaS) Market by Country, 2020 - 2023, USD Million
- TABLE 11 Europe Backend-as-a-service (BaaS) Market by Country, 2024 - 2031, USD Million
- TABLE 12 Europe Serverless Computing Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 13 Europe Serverless Computing Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 14 Europe Large Enterprises Market by Country, 2020 - 2023, USD Million
- TABLE 15 Europe Large Enterprises Market by Country, 2024 - 2031, USD Million
- TABLE 16 Europe Small & Medium-sized Enterprises Market by Country, 2020 - 2023, USD Million
- TABLE 17 Europe Small & Medium-sized Enterprises Market by Country, 2024 - 2031, USD Million
- TABLE 18 Europe Serverless Computing Market by Deployment, 2020 - 2023, USD Million
- TABLE 19 Europe Serverless Computing Market by Deployment, 2024 - 2031, USD Million
- TABLE 20 Europe Public Cloud Market by Country, 2020 - 2023, USD Million
- TABLE 21 Europe Public Cloud Market by Country, 2024 - 2031, USD Million
- TABLE 22 Europe Hybrid Cloud Market by Country, 2020 - 2023, USD Million
- TABLE 23 Europe Hybrid Cloud Market by Country, 2024 - 2031, USD Million
- TABLE 24 Europe Private Cloud Market by Country, 2020 - 2023, USD Million
- TABLE 25 Europe Private Cloud Market by Country, 2024 - 2031, USD Million
- TABLE 26 Europe Serverless Computing Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 27 Europe Serverless Computing Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 28 Europe BFSI Market by Country, 2020 - 2023, USD Million
- TABLE 29 Europe BFSI Market by Country, 2024 - 2031, USD Million
- TABLE 30 Europe IT & Telecom Market by Country, 2020 - 2023, USD Million
- TABLE 31 Europe IT & Telecom Market by Country, 2024 - 2031, USD Million
- TABLE 32 Europe Healthcare & Life Sciences Market by Country, 2020 - 2023, USD Million
- TABLE 33 Europe Healthcare & Life Sciences Market by Country, 2024 - 2031, USD Million
- TABLE 34 Europe Retail & Consumer Goods Market by Country, 2020 - 2023, USD Million
- TABLE 35 Europe Retail & Consumer Goods Market by Country, 2024 - 2031, USD Million
- TABLE 36 Europe Manufacturing Market by Country, 2020 - 2023, USD Million
- TABLE 37 Europe Manufacturing Market by Country, 2024 - 2031, USD Million
- TABLE 38 Europe Government & Defense Market by Country, 2020 - 2023, USD Million
- TABLE 39 Europe Government & Defense Market by Country, 2024 - 2031, USD Million
- TABLE 40 Europe Transportation & Logistics Market by Country, 2020 - 2023, USD Million
- TABLE 41 Europe Transportation & Logistics Market by Country, 2024 - 2031, USD Million
- TABLE 42 Europe Other Industry Vertical Market by Country, 2020 - 2023, USD Million
- TABLE 43 Europe Other Industry Vertical Market by Country, 2024 - 2031, USD Million
- TABLE 44 Europe Serverless Computing Market by Country, 2020 - 2023, USD Million
- TABLE 45 Europe Serverless Computing Market by Country, 2024 - 2031, USD Million
- TABLE 46 Germany Serverless Computing Market, 2020 - 2023, USD Million
- TABLE 47 Germany Serverless Computing Market, 2024 - 2031, USD Million
- TABLE 48 Germany Serverless Computing Market by Service Model, 2020 - 2023, USD Million
- TABLE 49 Germany Serverless Computing Market by Service Model, 2024 - 2031, USD Million
- TABLE 50 Germany Serverless Computing Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 51 Germany Serverless Computing Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 52 Germany Serverless Computing Market by Deployment, 2020 - 2023, USD Million
- TABLE 53 Germany Serverless Computing Market by Deployment, 2024 - 2031, USD Million
- TABLE 54 Germany Serverless Computing Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 55 Germany Serverless Computing Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 56 UK Serverless Computing Market, 2020 - 2023, USD Million
- TABLE 57 UK Serverless Computing Market, 2024 - 2031, USD Million
- TABLE 58 UK Serverless Computing Market by Service Model, 2020 - 2023, USD Million
- TABLE 59 UK Serverless Computing Market by Service Model, 2024 - 2031, USD Million
- TABLE 60 UK Serverless Computing Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 61 UK Serverless Computing Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 62 UK Serverless Computing Market by Deployment, 2020 - 2023, USD Million
- TABLE 63 UK Serverless Computing Market by Deployment, 2024 - 2031, USD Million
- TABLE 64 UK Serverless Computing Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 65 UK Serverless Computing Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 66 France Serverless Computing Market, 2020 - 2023, USD Million
- TABLE 67 France Serverless Computing Market, 2024 - 2031, USD Million
- TABLE 68 France Serverless Computing Market by Service Model, 2020 - 2023, USD Million
- TABLE 69 France Serverless Computing Market by Service Model, 2024 - 2031, USD Million
- TABLE 70 France Serverless Computing Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 71 France Serverless Computing Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 72 France Serverless Computing Market by Deployment, 2020 - 2023, USD Million
- TABLE 73 France Serverless Computing Market by Deployment, 2024 - 2031, USD Million
- TABLE 74 France Serverless Computing Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 75 France Serverless Computing Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 76 Russia Serverless Computing Market, 2020 - 2023, USD Million
- TABLE 77 Russia Serverless Computing Market, 2024 - 2031, USD Million
- TABLE 78 Russia Serverless Computing Market by Service Model, 2020 - 2023, USD Million
- TABLE 79 Russia Serverless Computing Market by Service Model, 2024 - 2031, USD Million
- TABLE 80 Russia Serverless Computing Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 81 Russia Serverless Computing Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 82 Russia Serverless Computing Market by Deployment, 2020 - 2023, USD Million
- TABLE 83 Russia Serverless Computing Market by Deployment, 2024 - 2031, USD Million
- TABLE 84 Russia Serverless Computing Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 85 Russia Serverless Computing Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 86 Spain Serverless Computing Market, 2020 - 2023, USD Million
- TABLE 87 Spain Serverless Computing Market, 2024 - 2031, USD Million
- TABLE 88 Spain Serverless Computing Market by Service Model, 2020 - 2023, USD Million
- TABLE 89 Spain Serverless Computing Market by Service Model, 2024 - 2031, USD Million
- TABLE 90 Spain Serverless Computing Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 91 Spain Serverless Computing Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 92 Spain Serverless Computing Market by Deployment, 2020 - 2023, USD Million
- TABLE 93 Spain Serverless Computing Market by Deployment, 2024 - 2031, USD Million
- TABLE 94 Spain Serverless Computing Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 95 Spain Serverless Computing Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 96 Italy Serverless Computing Market, 2020 - 2023, USD Million
- TABLE 97 Italy Serverless Computing Market, 2024 - 2031, USD Million
- TABLE 98 Italy Serverless Computing Market by Service Model, 2020 - 2023, USD Million
- TABLE 99 Italy Serverless Computing Market by Service Model, 2024 - 2031, USD Million
- TABLE 100 Italy Serverless Computing Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 101 Italy Serverless Computing Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 102 Italy Serverless Computing Market by Deployment, 2020 - 2023, USD Million
- TABLE 103 Italy Serverless Computing Market by Deployment, 2024 - 2031, USD Million
- TABLE 104 Italy Serverless Computing Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 105 Italy Serverless Computing Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 106 Rest of Europe Serverless Computing Market, 2020 - 2023, USD Million
- TABLE 107 Rest of Europe Serverless Computing Market, 2024 - 2031, USD Million
- TABLE 108 Rest of Europe Serverless Computing Market by Service Model, 2020 - 2023, USD Million
- TABLE 109 Rest of Europe Serverless Computing Market by Service Model, 2024 - 2031, USD Million
- TABLE 110 Rest of Europe Serverless Computing Market by Enterprise Size, 2020 - 2023, USD Million
- TABLE 111 Rest of Europe Serverless Computing Market by Enterprise Size, 2024 - 2031, USD Million
- TABLE 112 Rest of Europe Serverless Computing Market by Deployment, 2020 - 2023, USD Million
- TABLE 113 Rest of Europe Serverless Computing Market by Deployment, 2024 - 2031, USD Million
- TABLE 114 Rest of Europe Serverless Computing Market by Industry Vertical, 2020 - 2023, USD Million
- TABLE 115 Rest of Europe Serverless Computing Market by Industry Vertical, 2024 - 2031, USD Million
- TABLE 116 Key Information - Amazon Web Services, Inc.
- TABLE 117 Key Information - Google LLC
- TABLE 118 Key Information - IBM Corporation
- TABLE 119 Key Information - Microsoft Corporation
- TABLE 120 Key Information - Oracle Corporation
- TABLE 121 Key Information - Alibaba Cloud
- TABLE 122 Key Information - Cloudflare, Inc.
- TABLE 123 Key Information - Tencent Holdings Ltd.
- TABLE 124 Key Information - Salesforce, Inc.
- TABLE 125 Key Information - SAP SE
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