DUBLIN--(BUSINESS WIRE)--The "Microservice Architecture Market - Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023" report has been added to Research and Markets' offering.
The Microservice Architecture Market is Expected to Reach $32.01 Billion By 2023, Growing at a CAGR of Around 16.17%
MSA is widely being adopted across diverse set of industries for the development of the software that includes public works, public safety, and utility companies. An increase in the adoption of the cloud-based SaaS providers in the enterprise business functionality has propelled the need to integrate the multiple application providers and services to support the enterprise.
In addition, as the MSA functions on smaller and simpler services, growth in the cloud adoption is one of the key driving factors for the MSA market. Furthermore, there is growing demand from North American companies as they have adopted MSA in e-commerce, financial, and travel services, which helps in storing data and information cost-effectively, and increasing the efficiency, agility, and scalability.
With the increasing adoption of the cloud-based software as a service (SaaS) providers in various business platforms, such as enterprize business, has led to the need to integrate multiple application providers and the services to support the enterprise. As the MSA primarily works on smaller services, the increase in the adoption of cloud is one of the major driving factors for the growth of the market.
Key Topics Covered:
1 Industry Outlook
2 Report Outline
3 Market Snapshot
4 Market Outlook
5 Market Characteristics
6 Deployment Types
7 Services
8 End-users
9 Regions
10 Vendors Profiles
- Cognizant
- IBM Corporation
- Infosys Ltd.
- Microsoft Corporation
- MuleSoft Inc.
- Salesforce.com
- Software AG
For more information about this report visit https://www.researchandmarkets.com/research/g5rst7/microservice
