Serverless Architecture
Rapid Growth
According to www.grandviewresearch.com, the global serverless architecture market size was valued at USD 3.14 billion in 2017, and is projected to reach $21,988.07 million by 2025, registering a CAGR of 27.9% from 2018 to 2025. It is anticipated to register a CAGR of 26.0% over the forecast period. Rising awareness regarding the benefits of serverless architecture such as increased process agility, and reduced operational cost is one of the primary growth stimulants for the market. Moreover, from a developer perspective, benefits such as faster set up, easier operational management, and zero system administration are boosting their applications. Furthermore, emergence of cloud-based technologies along with third-party vendors to manage server component is likely to stoke the growth of the market.
Key Benefits
- Cost Effective (Low Management Cost).
- Improved Flexibility.
- Efficiency.
- Much Better Scalability.
- Improved Latency.
Got Questions? Let’s Talk!
Whether you utilize Serverless Architecture or go the traditional model for a Web application depends upon your unique use case. New System Technologies has enabled leading businesses to utilize this modern technology and can assist you in the decision process. If you have a question whether it’s right for you, we would be happy to assist you through the decision process and answer your questions.
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