Cloud micro services Market Leading Growth Drivers, Emerging Audience, Segments, Sales, Profits & Analysis
                     Cloud micro services Market Leading Growth Drivers, Emerging Audience, Segments, Sales, Profits 
& Analysis 
 
 
Keywords - Cloud microservices Market, Cloud microservices Industry, Global Cloud microservices 
Market, Cloud microservices Research Report 
Market Synopsis  
The data analysts at Market Research Future Reports (MRFR) have conducted a thorough analysis of 
the global cloud micro services research report is estimated to value USD 2,146.7 million, thriving at a 
CAGR of 25% during the assessment period. The growing number of microservices architecture is 
anticipated to affect the global cloud microservices market 2020. Besides, the increasing demand for 
secured IT operations and cheap cost methods have further led to market expansion. Furthermore, 
the inclination of enterprises towards the private cloud for data security is projected to play an 
important part in market expansion. Also, the growing need to minimize the on-premise IT 
deployment cost is another pivotal factor leading to the growth of the market. However, insufficient 
technical expertise and the expenses related in the initial stage are anticipated to refrain the market 
from expanding. 
However, the outbreak of COVID-19 has resulted in a pause in the daily operational activities of the 
global cloud microservices market. The offices have been temporarily shut to contain the spread of 
coronavirus. Thorough research is being carried out on the impact of coronavirus on the worldwide 
market. We will provide an impact analysis report on COVID-19. 
 
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Market Segmentation  
The worldwide cloud microservices market can be distinguished on the basis of organization size, 
component, deployment, verticals, and geography.  
On the basis of organization size, the worldwide cloud microservices market can be distinguished into 
large enterprise and small and medium-sized enterprises. 
 On the basis of component, the global cloud microservices market can be distinguished into platform 
and services. 
On the basis of deployment, the worldwide cloud microservices market can be distinguished into the 
public cloud, private cloud, and hybrid cloud. 
On the basis of verticals, the worldwide cloud microservices market can be distinguished into 
healthcare, retail and e-commerce, media & entertainment, IT & telecommunication, BFSI, 
government, transportation and logistics, and manufacturing. 
On the basis of geography, the worldwide cloud microservices market can be distinguished into North 
America, Europe, Asia-Pacific, and Rest of the World (RoW). 
 
Regional Analysis  
The global market is estimated to expand significantly during the assessment period. Thorough 
research of North America, Europe, Asia-Pacific, and Rest of the World (RoW) has been performed. As 
per the study, North America is estimated to dominate the global market. It is one of the most lucrative 
markets, and besides, it is also one of the early adopters of microservices architecture. Several sectors 
are relying on technology and are actively adopting cloud microservices. Europe attains the second 
position. Europe is a potential market and generates a significant amount of revenue during the 
assessment period. The most significant factor resulting in the market expansion is the presence and 
participation of the developed economies such as the UK, and Germany. On the other side, the APAC 
region is anticipated to be the fastest-growing region. The most pivotal factor leading to market 
expansion is the deployment of several organization in the APAC region due to the cheap cost in 
providing services to customers.  
However, the market dynamics are estimated to be affected significantly due to the outbreak of 
COVID-19. Several regions have been affected due to the observation of lockdown.  
 
Key Players  
The established players of the global cloud microservices market are Software AG (Germany), CA 
Technologies, Amazon Web Services (US), IBM Corporation (US), Salesforce.com Inc (US), Microsoft 
Corporation (US), Infosys Limited (India), Syntel (US), Oracle Corporation (US), SmartBear Software 
(US). The other players contribute 30-35% in the cloud microservices market. Some of them are 
CoScale (Belgium), Contino (UK), Idexcel (US), Macaw (US), Kontena (Finland), Marlabs (US). 
 
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