Global Cloud Microservices Market Size, Status and Forecast 2022

Cloud Microservices are an architectural approach to creating cloud applications, where each application is built as a set of services. Each service runs in its own processes and communicates through application programming interfaces (API).
North America is expected to hold the largest market size in the cloud microservices market during the forecast period. The region is expected to dominate the overall market and is considered as the most advanced region in terms of technology adoption. This is mainly due to the presence of developed economies, the US and Canada, and their focus on innovations obtained from R&D and technology. Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period, mainly due to the increasing pressure to achieve greater business agility, improve operational efficiency, and reduce cost. There is a huge market potential for enterprises in APAC. This potential can be leveraged to create better business opportunities.

Market Analysis and Insights: Global Cloud Microservices Market
The global Cloud Microservices market size is projected to reach US$ 1718.2 million by 2027, from US$ 721.7 million in 2020, at a CAGR of 12.7% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Cloud Microservices market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Cloud Microservices market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Cloud Microservices market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Cloud Microservices market.

Global Cloud Microservices Scope and Market Size
Cloud Microservices market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Cloud Microservices market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Public Cloud
Private Cloud
Hybrid Cloud

Segment by Application
Retail and E-commerce
Healthcare
Media and Entertainment
BFSI
IT and ITES
Government
Transportation and Logistics
Manufacturing
Telecommunication

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
AWS
Broadcom
IBM
Microsoft
Salesforce
Infosys
NGINX
Oracle
Pivotal Software
Syntel
SmartBear Software
Marlabs
RapidValue Solutions
Kontena
Macaw Software
Unifyed
RoboMQ
Idexcel
Weaveworks
Contino
OpenLegacy
CoScale
Software
Netifi
TCS