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The global Cloud Microservices market was valued at US$ 742.6 million in 2022 and is projected to reach US$ 1657.4 million by 2029, at a CAGR of 12.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Cloud Microservices are an architectural approach to creating cloud applications, where each application is built as a set of services. Each service runs in its own processes and communicates through application programming interfaces (API).
This report aims to provide a comprehensive presentation of the global market for Cloud Microservices, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cloud Microservices. This report contains market size and forecasts of Cloud Microservices in global, including the following market information:

• Global Cloud Microservices Market Revenue, 2018-2023, 2024-2029, ($ millions)
• Global top five companies in 2022 (%)

North America is expected to hold the largest market size in the cloud microservices market during the forecast period. The region is expected to dominate the overall market and is considered as the most advanced region in terms of technology adoption. This is mainly due to the presence of developed economies, the US and Canada, and their focus on innovations obtained from R&D and technology. Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period, mainly due to the increasing pressure to achieve greater business agility, improve operational efficiency, and reduce cost. There is a huge market potential for enterprises in APAC. This potential can be leveraged to create better business opportunities.
We surveyed the Cloud Microservices companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cloud Microservices Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Cloud Microservices Market Segment Percentages, by Type, 2022 (%)

• Public Cloud
• Private Cloud
• Hybrid Cloud

Global Cloud Microservices Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Cloud Microservices Market Segment Percentages, by Application, 2022 (%)

• Retail and E-commerce
• Healthcare
• Media and Entertainment
• BFSI
• IT and ITES
• Government
• Transportation and Logistics
• Manufacturing
• Telecommunication

Global Cloud Microservices Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Cloud Microservices Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cloud Microservices revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Cloud Microservices revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

• AWS
• Broadcom
• IBM
• Microsoft
• Salesforce
• Infosys
• NGINX
• Oracle
• Pivotal Software
• Syntel
• SmartBear Software
• Marlabs
• RapidValue Solutions
• Kontena
• Macaw Software
• Unifyed
• RoboMQ
• Idexcel
• Weaveworks
• Contino
• OpenLegacy
• CoScale
• Software
• Netifi
• TCS

Outline of Major Chapters:

• Chapter 1: Introduces the definition of Cloud Microservices, market overview.
• Chapter 2: Global Cloud Microservices market size in revenue.
• Chapter 3: Detailed analysis of Cloud Microservices company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Cloud Microservices in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: The main points and conclusions of the report.