Frequently Asked Questions
Due to the epidemic, several businesses switched to work-from-home policies, which increased the load on online data. Cloud computing had a big uptick as a result of giving businesses the flexibility, scalability, and other benefits them required. In the upcoming years, it is projected that the Function as a Service (FaaS) market will continue to develop rapidly even when businesses start operating from offices again.
North America accounted for the highest share in the global Functions as a Service (FaaS) market.
The market is expanding as a result of the increased need for solutions to server management problems, the explosive growth of the app development industry, and the transition from DevOps to serverless computing are the major factors driving the growth of the market.
Hybrid Cloud had a major share in 2021 with around 35% of the market revenue share.
The Healthcare and Life Sciences segment had a major share in the global market in 2021.