Promising trends in the serverless infrastructure market

The serverless infrastructure, which enables cloud-native application development without the need to manage servers, is growing. According to market research, it is set to grow into a $21.9 billion market by 2025 from $7.9 billion in 2020. This growth affects several sub-markets including API management, app design and consulting, analytics, monitoring, automation, integration, and security. Another study estimates that the serverless market grew three times in 2020 compared to 2019. This study focuses on the growth in AWS Lambda (most mature and widely used), Azure Functions, and Google Cloud Functions. Also, it was observed that serverless framework downloads hit 25… [Continue Reading]