The global microservices architecture market size reached US$ 3.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.8 Billion by 2032, exhibiting a growth rate (CAGR) of 13.4% during 2024-2032. More Info:- https://www.imarcgroup.com/microservices-architecture-market

1. Global Microservices
Architecture Market
Research and Forecast
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved

2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.

3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Microservices
Architecture Market: Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2024-2032," the global microservices architecture
market size reached US$ 3.7 Billion in 2023.
Factors Affecting the Growth of Microservices Architecture Industry:
Scalability and Flexibility:
Microservices architecture is increasingly favored by organizations due to its
scalability and flexibility. In this fast-paced digital landscape, businesses need
to adapt swiftly to changing market demands and user requirements.
Traditional monolithic architectures often struggle to keep up with these
demands due to their rigid structure, where all components are tightly
integrated. W ith microservices, applications are broken down into smaller,
loosely coupled services that can be developed, deployed, and scaled
independently.
This modular approach allows organizations to allocate resources more
efficiently, as they can scale specific services based on demand without
affecting the entire system. Additionally, microservices enable easier
integration of new functionalities and technologies, empowering organizations
to innovate rapidly. This scalability and flexibility drive the adoption of
microservices architecture across various industries.

4. Report Highlight
and Description
Resilience and Fault Isolation:
Another driving factor behind the adoption of microservices architecture is its
ability to enhance system resilience and fault isolation. In complex distributed
systems, failures are inevitable, and the tightly coupled nature of traditional
monolithic architecture, makes it challenging to isolate and contain faults. A
failure in one component can cascade throughout the entire system, leading to
widespread outages and downtime.
Microservices address this challenge by adopting a decentralized approach,
where each service operates independently and communicates with other
services through well-defined APIs. This isolation ensures that a failure in one
service does not impact the functionality of the overall system. Additionally,
microservices architecture often incorporates resilience patterns such as
circuit breakers, retries, and graceful degradation to handle failures gracefully
and maintain system stability.
Agile Development and Continuous Delivery:
Mature oil and gas fields, which have been in production for several years,
often experience declining output due to the depletion of easily accessible
reserves. Subsea pumps are integral to implementing enhanced recovery
techniques, such as water injection and gas lift, to boost production levels.

5. Report Highlight
and Description
These methods increase the pressure within the reservoir, facilitating the
extraction of remaining oil and gas. The deployment of subsea pumps in
mature fields extends the life of existing infrastructures, maximizes the
extraction of resources, and improves the overall efficiency of production
operations. This demand for enhanced recovery solutions in aging fields
contributes significantly to the growth of the subsea pumps market.
Request for a PDF sample of this report:
https://www.imarcgroup.com/microservices -architecture-market/requestsample

6. Report Description
Global Microservices Architecture Market Trends:
The widespread adoption of cloud computing is a significant driver of the microservices market. Cloud platforms
provide the infrastructure and services necessary to build, deploy, and scale microservices-based applications
easily. Organizations are increasingly leveraging cloud-native technologies and managed services, such as AW S
Lambda, Azure Functions, and Google Cloud Functions, to accelerate their microservices initiatives and achieve
greater agility and cost-efficiency.
Additionally, the ongoing digital transformation across industries is fueling the demand for microservices
architecture. Businesses are under pressure to modernize their legacy systems, improve agility, and deliver
innovative digital experiences to consumers. Microservices enable organizations to break down monolithic
applications into smaller, more manageable components, facilitating faster development cycles, easier
maintenance, and seamless integration with new technologies such as AI, IoT, and blockchain.
Looking forward, the market to reach US$ 11.8 Billion by 2032, exhibiting a growth rate (CAGR) of 13.4%
during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/microservices-architecture-market

7. Report
Segmentation
Breakup by Component:
• Solutions
• Service
Breakup by Deployment Type:
• On-premises
• Cloud-based
Breakup by Organization Size:
• Large Enterprises
• Small and Medium-sized Enterprises
Breakup by Industry Vertical:
• BFSI

8. Report
Segmentation
• Manufacturing
• Retail and E-Commerce
• IT and Telecom
• Healthcare
• Government
• Others
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

9. Competitive
Landscape with
Key Players
• Broadcom Inc.
• Cognizant
• F5 Inc.
• Infosys Limited
• International Business Machines Corporation
• Microsoft Corporation
• Oracle Corporation
• Salesforce Inc.
• Software AG
• Tata Consultancy Services Limited

10. Key Questions
Answered in
the Report
How big is the global microservices architecture market?
What is the expected growth rate of the global microservices
architecture market during 2024-2032?
What are the key factors driving the global microservices
architecture market?
What has been the impact of COVID-19 on the global microservices
architecture market?
What is the breakup of the global microservices architecture market
based on the component?
What is the breakup of the global microservices architecture market
based on the deployment type?
What is the breakup of the global microservices architecture market
based on the industry vertical?
What are the key regions in the global microservices architecture
market?
Who are the key players/companies in the global microservices
architecture market?

11. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Microservices Architecture Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Solutions
6.1.1 Market Trends
6.1.2 Mark et Forecast
6.2 Service
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
7 Market Breakup by Deployment Type
7.1 On-premises
7.1.1 Mark et Trends
7.1.2 Mark et Forecast

12. Table of
Contents
7.2 Cloud-based
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
8 Market Breakup by Organization Size
8.1 Large Enterprises
8.1.1 Market Trends
8.1.2 Mark et Forecast
8.2 Small and Medium -sized Enterprises
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
9 Market Breakup by Industry Vertical
9.1 BFSI
9.1.1 Mark et Trends
9.1.2 Mark et Forecast
9.2 Manufacturing
9.2.1 Mark et Trends
9.2.2 Mark et Forecast
9.3 Retail and E-Commerce
9.3.1 Mark et Trends
9.3.2 Mark et Forecast
9.4 IT and Telecom
9.4.1 Mark et Trends
9.4.2 Mark et Forecast
9.5 Healthcare
9.5.1 Mark et Trends
9.5.2 Mark et Forecast
9.6 Government
9.6.1 Mark et Trends
9.6.2 Mark et Forecast
For more information, visit :
https://www.imarcgroup.com/microservices -architecture-
market/toc

13. Disclaimer
© 2023 IMARC All Rights Reserved
This Publication and all it’s contents unless otherwise mentioned are copyrighted in the
name of International Market Analysis Research and Consulting (IMARC). No part of this
publication may be reproduced, repackaged, redistributed or resold in whole or in any part.
The publication may also not be used in any form or by and means graphic electronic or
mechanical, including photocopying, recording, taping or by information storage or retrieval,
or by any other form, without the express consent of International Market Analysis Research
and Consulting (IMARC).
Disclaimer: All contents and data of this publication, including forecasts, data analysis and
opinion have been based on information and sources believed to be accurate and reliable at
the time of publishing. International Market Analysis Research and Consulting makes no
representation of warranty of any kind as to the accuracy or completeness of any Information
provided. IMARC accepts no liability whatsoever for any loss or damage resulting from
opinion, errors or inaccuracies if any found this publication.
IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of
International Market Analysis Research and Consulting. All other trademarks used in this
publication are registered trademarks of their respective companies.

14. Contact Us
Visit us at :
https://www.imarcgroup.com
TELEPHONE: +1-631-791-1145
E-MAIL: sales@imarcgroup.com