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Cloud microservices market to grow at 22.4% CAGR by 2023 detailed in new research report

IT Market Research

The key cloud micro services vendors profiled in the report are as follows:AWS (US), CA Technologies (US), Contino (UK), CoScale (Belgium), IBM (US), Idexcel (US), Infosys (India), Kontena (Finland), Macaw Software (US), Marlabs (US), Microsoft (US), Netifi (US), NGINX (US), OpenLegacy (US), Oracle (US), Pivotal Software (US), RapidValue Solutions (US), RoboMQ (US) Salesforce (US), SmartBear Software (US), Software AG (Germany), Syntel (US), TCS (India), Unifyed (US), Weaveworks (UK).

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The global cloud microservices market size is expected to grow from USD 683.2 million in 2018 to USD 1880.0 million by 2023, at a Compound Annual Growth Rate (CAGR) of 22.4% during the forecast period.

Download Sample Copy of Cloud Microservices Market; spread across 140 pages, profiling 25 companies and supported with 60 tables and 41 figures is now available at Report at www.rnrmarketresearch.com/contacts…ple?rname=1547774

The key players in the Cloud Microservices Market include – AWS (US), CA Technologies (US), Contino (UK), CoScale (Belgium), IBM (US), Idexcel (US), Infosys (India), Kontena (Finland), Macaw Software (US), Marlabs (US), Microsoft (US), Netifi (US), NGINX (US), OpenLegacy (US), Oracle (US), Pivotal Software (US), RapidValue Solutions (US), RoboMQ (US) Salesforce (US), SmartBear Software (US), Software AG (Germany), Syntel (US), TCS (India), Unifyed (US), Weaveworks (UK)

The cloud micro services market has been segmented on the basis of component (platform and services), deployment mode, organization size, vertical, and region. A detailed analysis of the key industry players has been done to provide insights into their business overview; services; key strategies; new service launches; partnerships, agreements, and collaborations; expansions; and competitive landscape associated with the global cloud micro services market.

Get More Details on Cloud Microservices Market by Industry @ www.rnrmarketresearch.com/contacts…ing?rname=1547774

The global cloud microservices market size is expected to grow from USD 683.2 million in 2018 to USD 1880.0 million by 2023, at a Compound Annual Growth Rate (CAGR) of 22.4% during the forecast period.

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Digital transformation, proliferation of microservices architecture, and customer-oriented businesses are some of the factors expected to drive the global cloud micro services market. However, security and compliance may restrain the growth of the market.

Get Cloud Microservices Market by Component (Platform and Services), Deployment Mode (Public Cloud, Private Cloud, and Hybrid Cloud), Organization Size (Large Enterprises and SMEs), Vertical, and Region - Global Forecast to 2023 @ www.rnrmarketresearch.com/contacts…ase?rname=1547774

Among the industry verticals, the BFSI vertical is expected to hold the largest market size in the global cloud microservices market during forecast period. The growth in the cloud microservices market, especially in the BFSI vertical, can be attributed to the increasing financial services, IT automation, and reforms in economy and banking services worldwide.

The cloud microservices architecture helps BFSI organizations in improving the application development process, streamlining business operations, and enhancing customer experience.

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