Cloud Microservices Market Size - By Component (Platform, Services), Deployment Mode (Private, Public, Hybrid), End-User (BFSI, Education, Healthcare, IT & Telecommunication, Retail & Consumer Goods, Media & Entertainment), Enterprise size & Forecast 2024 – 2032
Published Date: April - 2025 | Publisher: MRA | No of Pages: 240 | Industry: Media and IT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationCloud Microservices Market Size
Cloud Microservices Market size, valued at USD 1.4 billion in 2023, is expected to register a CAGR of more than 20.3% over the period 2024-2032. Cloud microservices allow applications to be divided into smaller, independent modules that can be developed, deployed, and scaled separately. This kind of flexibility enables organizations to scale certain components differently based on requirements, improving resource efficiency and application performance. For example, Amazon utilizes microservices to drive its online store. It enables them to scale the platform to support the billions of requests it gets each day.
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Microservices architecture, when used in conjunction with cloud services, encourages quicker development cycles and ongoing deployment. Individual microservices can be developed, tested, and deployed separately, eliminating development bottlenecks and speeding up time-to-market for new features and updates, thus encouraging their use.
| Report Attribute | Details |
|---|---|
| Base Year | 2023 |
| Cloud Microservices Market Size in 2023 | USD 1.4 Billion |
| Forecast Period | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR | 20.3% |
| 2032 Value Projection | USD 7.2 Billion |
| Historical Data for | 2018 – 2023 |
| No. of Pages | 220 |
| Tables, Charts & Figures | 312 |
| Segments covered | Component, Deployment Mode, Enterprise size, End-User |
| Growth Drivers |
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| Pitfalls & Challenges |
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What are the growth opportunities in this market?
But migrating legacy monolithic applications to a microservices architecture may prove to be tricky and labor intensive. Legacy applications may not transform easily to microservices, and rearchitecting or rewriting applications takes a lot of time and effort. Organizations that have made a high investment in legacy systems are inclined to delay adoption of microservices because the cost and risk perceived in migration affect market growth and popularity.
COVID-19 Impact
COVID-19 pandemic hastened the acceptance of cloud microservices as corporations looked for flexibility and remote possibilities. With distant workforces, corporations resorted to microservices to quickly design and deploy programs, responding to shifting market environments. For example, Netflix, which was severely dependent on microservices, supported the increased consumption of streaming products during lockdown periods. Nevertheless, issues emerged because organizations had to deal with security issues and integrating complexities while extending microservices. The pandemic heightened the value of flexible, scalable architecture, further driving the expansion of the cloud microservices industry.
Cloud Microservices Market Trends
Kubernetes has become the norm for container orchestration, and integration with microservices is becoming more popular. Deploying service mesh technologies such as Istio or Linkerd inside Kubernetes environments can offer enhanced networking, observability, and security capabilities for microservices. The trend is towards improving the management and communication between microservices inside a Kubernetes-based infrastructure.
The combination of serverless architecture and microservices architecture is also a budding trend. Serverless microservices enable developers to concentrate on application code alone with infrastructure management abstracted out. This trend may result in greater efficiency, less operational overhead, and shorter development cycles as companies use serverless platforms to develop and deploy microservices.
Cloud Microservices Market Analysis
Discover more about the major segments influencing this market
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Depending on the size of the enterprise, the large enterprises segment captured more than 68% of the market in 2023. Cloud microservices are increasingly being used in large enterprises because they can help improve agility, scalability, and innovation. By decomposing applications into modular pieces, these companies can have faster development cycles, react rapidly to market needs, and scale particular aspects of their systems efficiently.
For example, Microsoft Azure and Amazon Web Services (AWS) provide end-to-end microservices solutions that enable enterprises to transform their applications. The agility and cost-effectiveness of cloud microservices match the complicated and changing demands of large-scale enterprises, fueling their growing use.
Discover more about the most significant segments influencing this market
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By end-user, the IT & telecommunication vertical contributed 24% to cloud microservices market share in 2023. The IT & Telecom sector is increasingly embracing cloud microservices to boost its agility, innovation, and service delivery. Microservices enable quick development and deployment of applications, which helps companies bring new features and services to the market rapidly. For instance, telecom operators can roll out new network capabilities efficiently to address evolving connectivity needs
Moreover, microservices enable smooth integration with other cloud technologies, enhancing overall efficiency of operations. The sector's necessity to quickly respond to changing customer requirements and advancing technologies is propelling strong adoption of cloud microservices.
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The North American cloud microservices market accounted for more than 33% of the revenue share in 2023. The region's well-developed IT infrastructure and technologically advanced culture propel the adoption of cutting-edge solutions such as microservices. Moreover, the dynamic nature of e-commerce, finance, and healthcare industries necessitates agile and scalable applications, making cloud microservices a natural choice. Having prominent cloud service providers such as AWS, Microsoft Azure, and Google Cloud further speeds up adoption.
Cloud Microservices Market Share
Major companies operating in the cloud microservices industry are
- Amazon Web Services, Inc
- Atos SE
- Broadcom
- Idexcel Inc
- Infosys Limited
- IBM Corporation
- Oracle
- Salesforce, Inc
- Tata Consultancy Services Limited
These companies are majorly focus on launching new cloud microservices solutions for different end-users.
Cloud Microservices Industry News
- In February 2022, IBM announced the acquisition of Cloudant, a database service used by many developers to store data for microservices applications. This acquisition gives IBM a major presence in the cloud database market, a key part of the cloud microservices ecosystem.
The cloud microservices market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments
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Market, By Component
- Platform
- Services
- Consulting Services
- Integration Services
- Training, Support and Maintenance Services
Market, By Content
- Public
- Private
- Hybrid
Market, By Enterprise size
- SMEs
- Large enterprises
Market, By End-User
- BFSI
- Healthcare
- IT & Telecommunication
- Education
- Retail & Consumer Goods
- Media & Entertainment
- Others
The above information has been provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Asia Pacific
- China
- India
- Japan
- South Korea
- ANZ
- Latin America
- Brazil
- Mexico
- Argentina
- MEA
- South Africa
- GCC
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