Vendor platforms such as AWS Lambda and Azure Functions used by clients to run their program. Effectively the infrastructure for serverless computing.


Businesses ensuring that user enterprises have adequate security measures while using serverless infrastructure. 

Businesses that fill in knowledge gaps between clients and serverless vendors for developing and running complex apps and programs.

Businesses and organizations helping programmers transition to serverless platforms by reducing client dependency on vendor-specific offerings.

Software and services that monitor, optimize, and enable integrations to improve performance.

This includes all serverless software which does not fall into the other categories but are related to the servers market (e.g serverless based database providers).

The innovative cost dynamics of serverless computing allow more customers onto the cloud without breaking the bank.

Serverless Computing

Overview

<div>
  <h3>
    The latest evolution in cloud computing helps real-time, automated capacity
  </h3>
  <p>
    Serverless computing refers to applications and services that run on a third-party vendor’s off-site server platform (one example is Amazon Web Services’ Lambda Platform). Serverless computing distinguishes itself from physical in-house servers and cloud computing by how it handles scaling, or meeting variations in demand. With physical servers, scaling up means buying and maintaining new hardware, while with cloud computing it means renting more resources. In contrast, serverless computing allows automatic, real-time scaling of server resources based on actual usage. 
  </p>
  <p>
    Serverless computing is an evolution of cloud computing, a function-as-a-service (FaaS), with which it is often treated synonymously, since serverless platforms handle the function of running the applications. 
  </p>
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The Serverless Computing market in the US could reach USD 1.6–1.8 billion by 2026

Market Sizing

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  <h3>
    Impact on the serverless computing industry:
  </h3>
  <ul>
    <li>
      <p>
        Cloud adoption has surged. Microsoft Cloud Services usage has grown almost 8X since the pandemic began, and Azure revenue rose 60% YoY during the nine months ending in September 2020.
      </p>
    </li>
    <li>
      <p>
        Scaling of servers can be key for applications experiencing higher traffic due to the Covid-19 pandemic (Google Meet’s daily usage in April was 25X that of January).
      </p>
    </li>
    <li>
      <p>
        Most IT leaders have noted budgets increased or remained unchanged, which supports technology adoption (including serverless adoption).
      </p>
    </li>
  </ul>
  <p>
  </p>
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COVID19-IMPACT

Market Mapping

<p>Cloud computing giants such as Amazon (AWS Lambda), Google (Google Cloud Functions), Microsoft (Azure Functions), and IBM (IBM Cloud Functions) handle serverless computing platforms and the core service of providing server capacity.</p><p>The startups in the industry mainly function as service providers bridging serverless computing vendors with end users. Key among such support services are those that provide cybersecurity, support and consulting, open source codes, and analytics and integrations. In addition to these common categories, startups offer services such as database management, which leading company Fauna offers.</p>

The Disruptors

<p>Most of the disruptors identified here were founded beginning in 2015, with the exception of Iron.io and Fauna, which were founded in 2010 and 2011, respectively. Cybersecurity disruptors Snyk and Aqua Securities, which offer a range of security offerings including for serverless computing, remain the highest funded disruptors.</p><p>All players offer their products as support services, which enable users to utilize serverless computing effectively and securely.</p>

Disruptor Funding History

The Incumbents

<div>
  <p>
    Three cloud computing giants dominate the core serverless computing market, according to a 2018 survey that highlighted most respondents, 58%, used Amazon’s AWS Lambda, 23% used Google Cloud Functions (GCF), and 10% used Microsoft Azure Functions.
  </p>
  <p>
    In addition to serverless platform resources, these three leaders offer a range of support services and tools, including DevOps (which combines the development and operations of functions) and developer tools, application programming interface (APIs, which facilitate interactions between software intermediaries) management, AI, machine learning and Internet of Things (IoT) algorithms, among others, to help optimize their use. These offerings can vary among incumbents, and offer a value-add beyond the common disruptor offerings of open source and analytics, which incumbents tend to offer as well.
  </p>
  <p>
  </p>
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Serverless Computing

Serverless Computing

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