The global serverless architecture market, valued at USD 9.18 Billion in 2023, is projected to reach USD 53.42 Billion by 2032, growing at a compound annual growth rate (CAGR) of 22.94% during the forecast period.
The Serverless Architecture Market is gaining traction as organizations seek scalable, cost-effective, and efficient cloud computing solutions. Serverless computing enables developers to focus on building applications without managing underlying infrastructure.
Growth drivers include the rising adoption of cloud-native applications, advancements in event-driven computing, and the demand for reduced operational complexities. Leading providers such as AWS Lambda, Microsoft Azure Functions, and Google Cloud Functions are innovating to meet this demand.
As businesses continue embracing digital transformation, the serverless architecture market is expected to experience exponential growth.
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