Uploaded on Mar 11, 2024
According to the latest research report by IMARC Group, The global microservices architecture market size reached US$ 3.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.8 Billion by 2032, exhibiting a growth rate (CAGR) of 13.4% during 2024-2032. More Info:- https://www.imarcgroup.com/microservices-architecture-market
Microservices Architecture Market Growth, Demand and Challenges of the Key Industry Players 2024-2032
Global Microservices
Architecture Market
Research and Forecast
Report 2024-2032
Format: PDF+EXCEL
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About IMARC Group
In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management
s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry
vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and
t ransform thei r bus inesses.
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are at the top of the company’s exper t ise.
IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and
markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients
achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure
las t ing resul ts .
A cc o r d i ng t o t h e l a t e s t r e po r t b y IM A R C G r o up , t i t l e d " Mi c r o s er v i c es A r c h i te c t u r e
Ma r k e t : G l o b a l In d u s t r y T r e n d s , S h a r e , S i ze , G r o w t h , O p p o r t u n i ty a n d F o r e c a s t
20 2 4 - 2 03 2 , " t h e g l ob a l m i c r o s e r v i c e s a r ch i t e c t u r e m a rk e t s i z e r e a ch e d U S $ 3 . 7 B i l l i o n
i n 2 0 2 3 .
Fac tors A f fec t ing the Growth o f M ic roserv ices Arch i tec ture Indus t ry :
Report Scalab i l i ty and F lex ib i l i ty :
Mi c r o s e rv i c e s a r c h i t e c t u r e i s i n c r ea s i n g l y f a v o r e d b y o r g a n i z a t i o n s d u e t o i t s
Highlight and sc a l a b i l i t y a n d f l e x i b i l i t y . I n t h i s f a s t - p a c ed d i g i t a l l a n ds c a pe , bu s i n e s se s n ee d to ad a p t s w i f t l y t o c h a ng i n g ma r k e t d e m a nd s a n d u s e r r eq u i r e me n t s . T r a d i t i on a l
mo n o l i t h i c a r c h i t e c t u r es o f t e n s t r u g g l e t o k e e p u p w i t h t h e s e d e m a nd s d ue t o t h e i r r i g i d
Description s t r u c t u r e , w h e re a l l co m p on e n t s a re t i gh t l y i n t e g r a t e d . W i t h m i c ro s e r v i c e s , a pp l i c a t i on s
a r e b r o k e n d o w n i n t o sm a l l e r , l o o s e l y c o u p l ed s e r v i ce s t ha t c an b e de v e l o p ed ,
de p l o y e d , a n d sc a l e d i n d e p e nd e n t l y .
T h i s mo d u l a r a p p r o ac h a l l o w s o r ga n i z a t i on s t o a l l o c a t e re s o u r ce s m o r e e f f i c i e n t l y , a s
t he y c a n s c a l e s pe c i f i c s e rv i c e s ba s e d o n de m a nd w i t h o u t a f f e c t i n g t h e en t i r e s ys t e m.
A dd i t i o n a l l y , m i c r o s e rv i c e s e n a b l e e a s i e r i n t eg r a t i on o f n e w f u n c t i o n a l i t i e s a nd
t ec h n o l o g i e s , e mp o w er i n g o r ga n i z a t i o n s t o i n n o v a t e r a p i d l y . T h i s s c a l a b i l i t y a nd
f l e x i b i l i t y d r i v e th e a d op t i o n o f m i c r os e r v i c e s a rc h i t e c tu r e a c r o s s va r i o u s i n d u s t r i e s .
Resi l i ence and Faul t I so la t ion:
Ano t he r d r i v i ng f ac t o r beh i nd t he adop t i on o f m ic r ose r v i ces a r c h i t ec t u r e i s i t s ab i l i t y
t o e nhan ce s ys t em r e s i l i ence and f au l t i s o la t i o n . I n c om p l ex d i s t r i bu t ed sy s t em s ,
f a i l u r es a r e i n ev i t ab le , and t he t i gh t l y c oup l ed na t u r e o f t r ad i t i on a l m ono l i t h i c
Report a r ch i t ec t u r e , m ak es i t cha l le ng in g t o i so la t e an d co n t a in f au l t s . A f a i lu r e i n o ne com ponen t ca n cas cade t h r o ughou t t he en t i r e s ys t em , l e ad ing t o w ide sp r e ad
ou t a ges a nd d own t i m e .
Highlight and M ic r ose r v i ces add r ess t h i s c ha l l en ge by ado p t i ng a de cen t r a l i ze d ap p r oac h , wh e r e
eac h se r v i ce op e r a t e s i ndepe nden t l y and com m u n ica t e s w i t h o t he r se r v i ces t h r o ugh
we l l - d e f i ne d AP I s . Th is i so la t i o n en su r e s t ha t a f a i l u r e i n one se r v i ce do es no t
Description im p ac t t he f u nc t i ona l i t y o f t he ov e r a l l s y s t em . Add i t i ona l l y , m ic r ose r v i ces
a r ch i t ec t u r e o f t en i nc o r po r a t es r es i l i en ce pa t t e r n s s uch a s c i r cu i t b r e ake r s , r e t r ie s ,
and g r ac e f u l d eg r a da t i on t o h and l e f a i l u r es g r ac e f u l l y and m a in t a in s ys t e m s t a b i l i t y .
Agi le Development and Cont inuous Del ivery:
M at u r e o i l and gas f i e l ds , wh ich ha ve been i n p r od uc t i on f o r seve r a l y ea r s , o f t en
exp er ienc e dec l i n i ng ou t pu t d ue t o t he dep l e t i on o f eas i l y acce ss ib le r es e r ve s .
Subs ea pum p s a r e i n t eg r a l t o im p l em e nt ing e nhan ced r ecov e r y t echn i ques , suc h as
wa t e r i n j e c t i on and gas l i f t , t o bo os t p r oduc t i on l eve l s .
These methods inc rease the p ressure w i th in the reservo i r , fac i l i ta t i ng the
ex t rac t ion o f rema in ing o i l and gas . The dep loyment o f subsea pumps in
matu re f ie lds ex tends the l i f e o f ex is t ing in f ras t ruc tu res , max imizes the
ex t rac t ion o f resources , and improves the overa l l e f f i c iency o f p roduc t ion
opera t ions . Th is demand fo r enhanced recovery so lu t ions in ag ing f ie lds
con t r ibu tes s ign i f i can t l y t o the g rowth o f the subsea pumps marke t .
Report
Request for a PDF sample o f th is repor t :
Highlight and h t tps : / /www. imarcgroup .com/mic roserv ices-a rch i tec tu re -marke t / reques tsamp le
Description
Report Description
Global Microserv ices Archi tecture Market Trends:
The w i desp r ead ad op t i on o f c l oud c om pu t ing i s a s ig n i f i can t d r i ve r o f t he m i c r ose r v i ce s m ar k e t . C lou d p la t f o r m s p r ov id e
t he i n f r as t r uc t u r e and se r v i ces nec essa r y t o bu i l d , d ep loy , an d s ca le m ic r ose r v i ces - base d a pp l i ca t i ons eas i l y .
O r ga n iza t i ons a r e i nc r eas in g l y l ev e r ag in g c lo ud - na t i ve t echno log ies and m anag ed se r v i ce s , such a s AWS L am b da , Azu r e
Func t i ons , and G oog le C l oud F unc t i ons , t o acce le r a t e t he i r m ic r o se r v ic es i n i t i a t i ve s and a ch ieve g r ea t e r ag i l i t y and cos t -
e f f i c i e ncy .
Add i t io na l l y , t he ong o ing d ig i t a l t r an s f o r m a t i on ac r oss i nd us t r i e s i s f ue l i ng t h e d em a nd f o r m ic r ose r v i ces a r c h i t ec t u r e .
Bus ine sses a r e unde r p r essu r e t o m od er n i ze t h e i r l ega cy s ys t e m s , im p r ove ag i l i t y , and d e l i ve r i nnov a t i ve d ig i t a l
expe r ience s t o cons um er s . M ic r os e r v i ce s en ab le o r gan i za t i on s t o b r eak do wn m ono l i t h i c app l i c a t i ons i n t o sm a l l e r , m or e
m an ageab l e co m pone n t s , f ac i l i t a t i ng f as t e r de ve lop m en t cyc le s , eas i e r m a in t ena nce , a nd sea m less i n t eg r a t i on w i t h new
t ech no log i es su ch as A I , I oT , and b loc kcha in .
Look i ng f o rw ard , t he m arke t t o reach US$ 11 . 8 B i l l i on by 203 2 , exh i b i t i ng a g r ow t h ra t e ( CAG R) o f 13 . 4% d ur i n g
2024 - 203 2 .
V i ew Repo r t T O C, F i g ures and T ab l e s : h t t ps : / / w w w . i mar cgrou p . com / m i cros erv i ces - a rch i t ec t ure - mark e t
Breakup by Component:
• Solut ions
• Service
Breakup by Deployment Type:
• On-premises
Report • Cloud-based
Segmentation
Breakup by Organization Size:
• Large Enterpr ises
• Small and Medium-sized Enterpr ises
Breakup by Industry Vertical:
• BFSI
• Manufacturing
• Retai l and E-Commerce
• IT and Telecom
• Healthcare
• Government
• Others
Report
Segmentation Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
• Latin America
• Middle East and Afr ica
• Broadcom Inc.
• Cognizant
• F5 Inc.
• Infosys Limited
Competitive
• International Business Machines
Landscape Corporation
with Key • Microsoft Corporation
• Oracle Corporation
Players • Salesforce Inc.
• Software AG
• Tata Consultancy Services Limited
How big is the global microservices architecture
market?
What is the expected growth rate of the global
microservices architecture market during 2024-2032?
What are the key factors driving the global
Key microservices architecture market?
What has been the impact of COVID-19 on the global
Questions microservices architecture market?
Answered in What is the breakup of the global microservices architecture market based on the component?
the Report What is the breakup of the global microservices architecture market based on the deployment type?
What is the breakup of the global microservices
architecture market based on the industry vertical?
What are the key regions in the global microservices
architecture market?
Who are the key players/companies in the global
microservices architecture market?
1 P r e f a c e
2 S c o p e a n d M e t h o d o l o g y
2 . 1 O b j e c t i v e s o f t h e S t u d y
2 . 2 S t a k e h o l d e r s
2 . 3 D a t a S o u r c e s
2 . 3 . 1 P r i m a r y S o u r c e s
2 . 3 . 2 S e c o n d a r y S o u r c e s
2 . 4 M a r k e t E s t i m a t i o n
2 . 4 . 1 B o t t o m - U p A p p r o a c h
Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y
3 E x e c u t i v e S u m m a r y
4 I n t r o d u c t i o n
4 . 1 O v e r v i e w
Contents 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l M i c r o s e r v i c e s A r c h i t e c t u r e M a r k e t
5 . 1 M a r k e t O v e r v i e w
5 . 2 M a r k e t P e r f o r m a n c e
5 . 3 I m p a c t o f C O V I D - 1 9
5 . 4 M a r k e t F o r e c a s t
6 M a r k e t B r e a k u p b y C o m p o n e n t
6 . 1 S o l u t i o n s
6 . 1 . 1 M a r k e t T r e n d s
6 . 1 . 2 M a r k e t F o r e c a s t
6 . 2 S e r v i c e
6 . 2 . 1 M a r k e t T r e n d s
6 . 2 . 2 M a r k e t F o r e c a s t
7 M a r k e t B r e a k u p b y D e p l o y m e n t T y p e
7 . 1 O n - p r e m i s e s
7 . 1 . 1 M a r k e t T r e n d s
7 . 1 . 2 M a r k e t F o r e c a s t
7 . 2 C l o u d - b a s e d
7 . 2 . 1 M a r k e t T r e n d s
7 . 2 . 2 M a r k e t F o r e c a s t
8 M a r k e t B r e a k u p b y O r g a n i z a t i o n S i z e
8 . 1 L a r g e E n t e r p r i s e s
8 . 1 . 1 M a r k e t T r e n d s
8 . 1 . 2 M a r k e t F o r e c a s t
8 . 2 S m a l l a n d M e d i u m - s i z e d E n t e r p r i s e s
8 . 2 . 1 M a r k e t T r e n d s
8 . 2 . 2 M a r k e t F o r e c a s t
Table of 9 M a r k e t B r e a k u p b y I n d u s t r y V e r t i c a l 9 . 1 B F S I
9 . 1 . 1 M a r k e t T r e n d s
9 . 1 . 2 M a r k e t F o r e c a s t
Contents 9 . 2 M a n u f a c t u r i n g 9 . 2 . 1 M a r k e t T r e n d s
9 . 2 . 2 M a r k e t F o r e c a s t
9 . 3 R e t a i l a n d E - C o m m e r c e
9 . 3 . 1 M a r k e t T r e n d s
9 . 3 . 2 M a r k e t F o r e c a s t
9 . 4 I T a n d T e l e c o m
9 . 4 . 1 M a r k e t T r e n d s
9 . 4 . 2 M a r k e t F o r e c a s t
9 . 5 H e a l t h c a r e
9 . 5 . 1 M a r k e t T r e n d s
9 . 5 . 2 M a r k e t F o r e c a s t
9 . 6 G o v e r n m e n t
9 . 6 . 1 M a r k e t T r e n d s
9 . 6 . 2 M a r k e t F o r e c a s t
F o r m o r e i n f o r m a t i o n , v i s i t :
h t t p s : / / w w w. im a rcg ro u p . co m / m ic ro s e r v i c es - a rch i t ec t u re - m a r ke t /
t o c
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