FaaS platforms allow developers to build cloud-native microservices by reducing the scaling and managing complexities of containers and virtual machines. It offers developers a programming environment that supports languages such as Java, C#, JavaScript, and Python. Further, it provides the advantage of automatically scaling of the microservices (up and down) as per the demand of the services.
Quadrant Knowledge Solutions’ FaaS platform market research includes detailed global market analysis. It mainly comprises short-term and long-term growth opportunities, emerging technology trends, market trends, and future market outlook. The study provides a comprehensive market forecast analysis of the global market and the overall market adoption rate. It aims to provide strategic information for technology vendors to enhance their understanding of the market and support their growth strategies by evaluating different vendors’ capabilities, competitive differentiation, and market position.
The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. The SPARK Matrix includes ranking and positioning of the leading function as a service platform vendor with a global impact, including – Amazon, Alibaba, Google, Huawei, IBM, Microsoft, Nimbella, Oracle, Tencent.
According to Sofia Ali, Analyst at Quadrant Knowledge Solutions, “The FaaS platform vendors continue to strengthen their capabilities by including – support function and container packaging, robust security capabilities, and investment in the third-party ecosystems. The FaaS vendors are also making a significant investment in enhancing developer experience, programming model, microservices runtime execution, observability, security features, and support for specialized workloads.”
2022 Function as a Service (FaaS) SPARK Matrix
Source: Quadrant Knowledge Solutions
Table of Contents
- Key Research Findings
Market Overview and Technology Trends
Factors Influencing Technology Development and Market Growth
Market Adoption Trends
Competition Landscape and Analysis
- Competitive Overview and Analysis
- Key Competitive Factors and Technology Differentiators
SPARK Matrix™: Function as a Service (FaaS)
Vendor Profiles
Research Methodologies
Custom Research Service
Our custom research service is designed to meet the client’s specific requirements by providing a customized in-depth analysis of the technology market to meet your strategic needs. Further, our custom research and consulting services deliverable is uniquely effective, powerful, innovative, and realistic for helping companies successfully address business challenges. Our team of experienced consultants can help you in achieving short-term and long-term business goals in the following ways:
- Detailed understanding of the industry structure, market participants, and value chain mapping
- Business potential and opportunities of target markets, economies, and industries
- Strategic planning and tactical opportunities
- Go to market strategies
