The global serverless computing market size accounted for USD 28.02 billion in 2025 and is forecasted to hit around USD 92.22 billion by 2034, representing a CAGR of 14.15% from 2025 to 2034. The North America market size was estimated at USD 8.59 billion in 2024 and is expanding at a CAGR of 14.32% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Serverless Computing Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Serverless Computing Market, by Service Model
8.1.1. Function-as-a-Service (FaaS)
8.1.1.1. Market Revenue and Forecast
8.1.2. Backend-as-a-Service (BaaS)
8.1.2.1. Market Revenue and Forecast
9.1. Serverless Computing Market, by Deployment Model
9.1.1. Public Cloud
9.1.1.1. Market Revenue and Forecast
9.1.2. Private Cloud
9.1.2.1. Market Revenue and Forecast
9.1.3. Hybrid Cloud
9.1.3.1. Market Revenue and Forecast
10.1. Serverless Computing Market, by Enterprise Size
10.1.1. Large Enterprises
10.1.1.1. Market Revenue and Forecast
10.1.2. Small & Medium Enterprises (SMEs)
10.1.2.1. Market Revenue and Forecast
11.1. Serverless Computing Market, by End-Use Industry
11.1.1. BFSI (Banking, Financial Services & Insurance)
11.1.1.1. Market Revenue and Forecast
11.1.2. IT & Telecom
11.1.2.1. Market Revenue and Forecast
11.1.3. Healthcare & Life Sciences
11.1.3.1. Market Revenue and Forecast
11.1.4. Retail & eCommerce
11.1.4.1. Market Revenue and Forecast
11.1.5. Media & Entertainment
11.1.5.1. Market Revenue and Forecast
11.1.6. Manufacturing
11.1.6.1. Market Revenue and Forecast
11.1.7. Government & Public Sector
11.1.7.1. Market Revenue and Forecast
11.1.8. Others (Education, Travel, Transportation & Logistics)
11.1.8.1. Market Revenue and Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Service Model
12.1.2. Market Revenue and Forecast, by Deployment Model
12.1.3. Market Revenue and Forecast, by Enterprise Size
12.1.4. Market Revenue and Forecast, by End-Use Industry
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Service Model
12.1.5.2. Market Revenue and Forecast, by Deployment Model
12.1.5.3. Market Revenue and Forecast, by Enterprise Size
12.1.5.4. Market Revenue and Forecast, by End-Use Industry
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Service Model
12.1.6.2. Market Revenue and Forecast, by Deployment Model
12.1.6.3. Market Revenue and Forecast, by Enterprise Size
12.1.6.4. Market Revenue and Forecast, by End-Use Industry
12.2. Europe
12.2.1. Market Revenue and Forecast, by Service Model
12.2.2. Market Revenue and Forecast, by Deployment Model
12.2.3. Market Revenue and Forecast, by Enterprise Size
12.2.4. Market Revenue and Forecast, by End-Use Industry
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Service Model
12.2.5.2. Market Revenue and Forecast, by Deployment Model
12.2.5.3. Market Revenue and Forecast, by Enterprise Size
12.2.5.4. Market Revenue and Forecast, by End-Use Industry
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Service Model
12.2.6.2. Market Revenue and Forecast, by Deployment Model
12.2.6.3. Market Revenue and Forecast, by Enterprise Size
12.2.6.4. Market Revenue and Forecast, by End-Use Industry
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Service Model
12.2.7.2. Market Revenue and Forecast, by Deployment Model
12.2.7.3. Market Revenue and Forecast, by Enterprise Size
12.2.7.4. Market Revenue and Forecast, by End-Use Industry
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Service Model
12.2.8.2. Market Revenue and Forecast, by Deployment Model
12.2.8.3. Market Revenue and Forecast, by Enterprise Size
12.2.8.4. Market Revenue and Forecast, by End-Use Industry
12.3. APAC
12.3.1. Market Revenue and Forecast, by Service Model
12.3.2. Market Revenue and Forecast, by Deployment Model
12.3.3. Market Revenue and Forecast, by Enterprise Size
12.3.4. Market Revenue and Forecast, by End-Use Industry
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Service Model
12.3.5.2. Market Revenue and Forecast, by Deployment Model
12.3.5.3. Market Revenue and Forecast, by Enterprise Size
12.3.5.4. Market Revenue and Forecast, by End-Use Industry
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Service Model
12.3.6.2. Market Revenue and Forecast, by Deployment Model
12.3.6.3. Market Revenue and Forecast, by Enterprise Size
12.3.6.4. Market Revenue and Forecast, by End-Use Industry
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Service Model
12.3.7.2. Market Revenue and Forecast, by Deployment Model
12.3.7.3. Market Revenue and Forecast, by Enterprise Size
12.3.7.4. Market Revenue and Forecast, by End-Use Industry
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Service Model
12.3.8.2. Market Revenue and Forecast, by Deployment Model
12.3.8.3. Market Revenue and Forecast, by Enterprise Size
12.3.8.4. Market Revenue and Forecast, by End-Use Industry
12.4. MEA
12.4.1. Market Revenue and Forecast, by Service Model
12.4.2. Market Revenue and Forecast, by Deployment Model
12.4.3. Market Revenue and Forecast, by Enterprise Size
12.4.4. Market Revenue and Forecast, by End-Use Industry
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Service Model
12.4.5.2. Market Revenue and Forecast, by Deployment Model
12.4.5.3. Market Revenue and Forecast, by Enterprise Size
12.4.5.4. Market Revenue and Forecast, by End-Use Industry
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Service Model
12.4.6.2. Market Revenue and Forecast, by Deployment Model
12.4.6.3. Market Revenue and Forecast, by Enterprise Size
12.4.6.4. Market Revenue and Forecast, by End-Use Industry
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Service Model
12.4.7.2. Market Revenue and Forecast, by Deployment Model
12.4.7.3. Market Revenue and Forecast, by Enterprise Size
12.4.7.4. Market Revenue and Forecast, by End-Use Industry
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Service Model
12.4.8.2. Market Revenue and Forecast, by Deployment Model
12.4.8.3. Market Revenue and Forecast, by Enterprise Size
12.4.8.4. Market Revenue and Forecast, by End-Use Industry
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Service Model
12.5.2. Market Revenue and Forecast, by Deployment Model
12.5.3. Market Revenue and Forecast, by Enterprise Size
12.5.4. Market Revenue and Forecast, by End-Use Industry
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Service Model
12.5.5.2. Market Revenue and Forecast, by Deployment Model
12.5.5.3. Market Revenue and Forecast, by Enterprise Size
12.5.5.4. Market Revenue and Forecast, by End-Use Industry
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Service Model
12.5.6.2. Market Revenue and Forecast, by Deployment Model
12.5.6.3. Market Revenue and Forecast, by Enterprise Size
12.5.6.4. Market Revenue and Forecast, by End-Use Industry
13.1. Alibaba Cloud Function Compute
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Amazon Web Services (AWS Lambda)
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Cloudflare Workers
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. DigitalOcean App Platform
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Google Cloud Functions
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. IBM Cloud Functions
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Iron.io
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Microsoft Azure Functions
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. MuleSoft (API-led integration with serverless features)
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Netlify Functions
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
15.1. About Us
15.2. Glossary of Terms
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