United Kingdom Serverless Computing Market Size, Share, and COVID-19 Impact Analysis, By Service (Professional, and Managed), By Deployment (Public Cloud, and Private Cloud), and United Kingdom Serverless Computing Market Insights, Industry Trend, Forecasts to 2035
Industry: Information & TechnologyUnited Kingdom Serverless Computing Market Insights Forecasts to 2035
- The United Kingdom Serverless Computing Market Size was Estimated at USD 1850.56 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 12.02% from 2025 to 2035
- The United Kingdom Serverless Computing Market Size is Expected to Reach USD 6451.16 Million by 2035
Get more details on this report -
According to a Research Report Published by Spherical Insights & Consulting, The United Kingdom Serverless Computing Market is anticipated to Reach USD 6451.16 Million by 2035, Growing at a CAGR of 12.02% from 2025 to 2035. The need for flexible, affordable Function-as-a-Service (FaaS) solutions, growing cloud use, and enterprise digital transformation programs are all driving the serverless computing market's potential for rapid expansion.
Market Overview
The United Kingdom Serverless Computing Market Size refers to the industry focused on the production and application of electrodeposited copper foils, which are thin layers of copper created through electrochemical deposition. Function as a Service (FaaS), another name for serverless computing, is a cloud architecture that handles all server maintenance and operations. Moreover, developers may concentrate on the main application development instead of handling server infrastructure with the help of services like AWS Lambda, Google Cloud Functions, and Azure Functions. Moreover, the ability of serverless computing architecture to boost scalability and agility makes it attractive to the industry. In serverless computing, the cloud provider manages the server and offers dynamic resource allocation. Also, recent years have seen significant advancements in the IT sector that have improved resilience and allowed for greater company agility. The incorporation of cutting-edge technologies like artificial intelligence (AI) and machine learning (ML) with serverless systems is one of the latest developments in serverless computing. The automation capabilities of serverless computing are being improved by these integrations, opening the door to more complex data processing and real-time analytics.
Report Coverage
This research report categorizes the market for the United Kingdom serverless computing market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom serverless computing market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United Kingdom serverless computing market.
United Kingdom Serverless Computing Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 1850.56 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | CAGR of 12.02% |
2035 Value Projection: | USD 6451.16 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 192 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Service, By Deployment |
Companies covered:: | AppCoder, OVHcloud UK, Parallax, Superluminar, Mode2, Bytemark Ltd., Iomart Group plc, and Other Key Companies. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
The market for United Kingdom serverless computing is driven by the decrease in IT overhead expenses since businesses are spared from having to buy hardware or maintain servers. The increased scalability and agility provided by serverless computing, which enables companies to readily adapt their resources to meet demand without worrying about capacity constraints, is another factor propelling growth. Market expansion is also greatly aided by the application development industry's explosive growth. For application developers, the increased demand for a number of applications, such as those for iOS and Android, has created new economic opportunities. The demand for app development technologies has increased due to rising smartphone usage and the widespread adoption of BYOD (Bring Your Device). Additionally, businesses seeking to safeguard confidential information and optimize processes are finding serverless platforms more appealing due to their emphasis on enhanced security standards and intuitive user interfaces.
Restraining Factors
The market expansion is expected to be hampered by issues, including security, cold starts, monitoring complexity, and cold start latency, which is the delay in initializing serverless functions during their initial invocation.
Market Segmentation
The United Kingdom serverless computing market share is classified into type, and deployment.
- The professional segment accounted for the largest market share in 2024 and is anticipated to grow at a substantial CAGR over the forecast period.
The United Kingdom serverless computing market is segmented by type into professional, and managed. Among these, the professional segment accounted for the largest market share in 2024 and is anticipated to grow at a substantial CAGR during the forecast period. This is due to professional services offering crucial assistance, such as advising, integration, and deployment, which are necessary for businesses hoping to optimize serverless technology's advantages. Further, customizing serverless solutions to meet their unique requirements, this knowledge helps businesses make sure they are scalable and effective.
- The public cloud segment held the highest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The United Kingdom serverless computing market is divided by deployment into public cloud, and private cloud. Among these, the public cloud segment held the highest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is because it is a platform where resources are shared by several users is offered by public clouds, enabling effective scaling in response to changes in demand. Businesses with varying workloads would especially benefit from this flexibility since it enables them to pay for exactly the resources they use, eliminating the need for large upfront infrastructure investments.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom serverless computing market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- AppCoder
- OVHcloud UK
- Parallax
- Superluminar
- Mode2
- Bytemark Ltd.
- Iomart Group plc
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United Kingdom serverless computing market based on the below-mentioned segments:
United Kingdom Serverless Computing Market, By Type
- Professional
- Managed
United Kingdom Serverless Computing Market, By Deployment
- Public Cloud
- Private Cloud
Need help to buy this report?