The Latin America, Middle East and Africa Serverless Security Market would witness market growth of 30.6% CAGR during the forecast period (2021-2027).
Serverless security offers high convenience to the companies that deploy this model because cloud vendors manage operating systems, runtime security, and patching. By implementing serverless applications, a company gives control over a majority of the stack to its cloud vendor, and they offer services like key management. The fact that serverless applications are structured as there are many small functions in the cloud offers an excellent opportunity for security. With serverless computing, cloud computing is shown in its most original form without the requirement for companies to run any traditional servers.
A serverless architecture offers a host of advantages such as automation and approximately infinite scaling. Almost nothing is there between developers and deployed code that accelerates time to market and makes it simpler to maintain and test individual features. As there is no involvement of infrastructure, there is a drastic increment in the operations overhead. Besides, moving infrastructure management to the cloud vendor allows the companies to focus more on creating solutions to fulfil their objectives. This assists the companies to focus on core competencies which often lead to cost-saving.
By utilizing serverless security solutions, companies can manage their least-privileged access for serverless functions & various other services. Due to such benefits, companies are shifting towards serverless security solutions for strengthening the company’s security systems. However, the lack of awareness about the serverless security solutions in this region is estimated to hamper the overall growth of the regional serverless security market during the forecast period.
With the rising pace of digitalization in this region, companies are heavily investing in the adoption of advanced solutions, which would contribute to the surging growth of the regional market. In addition, the untapped potential of this region is attracting the key market players to enter this region and expand their market and customer base within the region, which would further bolster the growth of the regional serverless security market over the forecast period.
The Brazil market dominated the LAMEA Perimeter Security Serverless Security Market by Country 2020, thereby, achieving a market value of $21.9 million by 2027. The Argentina market would witness a CAGR of 32.6% during (2021 - 2027). Additionally, The UAE market is expected to witness a CAGR of 31.5% during (2021 - 2027).
Based on Service Model, the market is segmented into Function as a Service (FaaS) and Backend as a Service (BaaS). Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprise. Based on Deployment Mode, the market is segmented into Public and Private. Based on Security Type, the market is segmented into Data Security, Network Security, Application Security, Perimeter Security, and Others. Based on End User, the market is segmented into BFSI, IT & Telecom, Healthcare, Retail & eCommerce, Media & Entertainment, Energy & Utility, Manufacturing, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Serverless Security Market is Predict to reach USD 5.7 Billion by 2027, at a CAGR of 27%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Rackspace Technology, Inc., Fastly, Inc., Amazon.com, Inc., Palo Alto Networks, Inc., Microsoft Corporation, Google, Inc., Micro Focus International PLC, Imperva, Aqua Security Software Ltd. and Serverless, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Service Model
- Function as a Service (FaaS)
- Backend as a Service (BaaS)
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprise
By Deployment Mode
By Security Type
- Data Security
- Network Security
- Application Security
- Perimeter Security
- Others
By End User
- BFSI
- IT & Telecom
- Healthcare
- Retail & eCommerce
- Media & Entertainment
- Energy & Utility
- Manufacturing
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Rackspace Technology, Inc.
- Fastly, Inc.
- Amazon.com, Inc.
- Palo Alto Networks, Inc.
- Microsoft Corporation
- Google, Inc.
- Micro Focus International PLC
- Imperva
- Aqua Security Software Ltd.
- Serverless, Inc.
TABLE 1 LAMEA Serverless Security Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Serverless Security Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Serverless Security Market
TABLE 4 Product Launches And Product Expansions– Serverless Security Market
TABLE 5 Acquisition and Mergers– Serverless Security Market
TABLE 6 LAMEA Serverless Security Market by Service Model, 2017 - 2020, USD Million
TABLE 7 LAMEA Serverless Security Market by Service Model, 2021 - 2027, USD Million
TABLE 8 LAMEA Serverless Security Function as a Service (FaaS) Market by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA Serverless Security Function as a Service (FaaS) Market by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Serverless Security Backend as a Service (BaaS) Market by Country, 2017 - 2020, USD Million
TABLE 11 LAMEA Serverless Security Backend as a Service (BaaS) Market by Country, 2021 - 2027, USD Million
TABLE 12 LAMEA Serverless Security Market by End User, 2017 - 2020, USD Million
TABLE 13 LAMEA Serverless Security Market by End User, 2021 - 2027, USD Million
TABLE 14 LAMEA BFSI Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 15 LAMEA BFSI Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 16 LAMEA IT & Telecom Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA IT & Telecom Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA Healthcare Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 19 LAMEA Healthcare Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 20 LAMEA Retail & eCommerce Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 21 LAMEA Retail & eCommerce Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 22 LAMEA Media & Entertainment Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 23 LAMEA Media & Entertainment Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 24 LAMEA Energy & Utility Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 25 LAMEA Energy & Utility Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 26 LAMEA Manufacturing Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA Manufacturing Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Other End User Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 29 LAMEA Other End User Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 30 LAMEA Serverless Security Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 31 LAMEA Serverless Security Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 32 LAMEA Serverless Security Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 33 LAMEA Serverless Security Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 34 LAMEA Serverless Security Small & Medium Enterprise Market by Country, 2017 - 2020, USD Million
TABLE 35 LAMEA Serverless Security Small & Medium Enterprise Market by Country, 2021 - 2027, USD Million
TABLE 36 LAMEA Serverless Security Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 37 LAMEA Serverless Security Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 38 LAMEA Public Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 39 LAMEA Public Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 40 LAMEA Private Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 41 LAMEA Private Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 42 LAMEA Serverless Security Market by Security Type, 2017 - 2020, USD Million
TABLE 43 LAMEA Serverless Security Market by Security Type, 2021 - 2027, USD Million
TABLE 44 LAMEA Data Security Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 45 LAMEA Data Security Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 46 LAMEA Network Security Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 47 LAMEA Network Security Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 48 LAMEA Application Security Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 49 LAMEA Application Security Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 50 LAMEA Perimeter Security Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 51 LAMEA Perimeter Security Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 52 LAMEA Others Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 53 LAMEA Others Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 54 LAMEA Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 55 LAMEA Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 56 Brazil Serverless Security Market, 2017 - 2020, USD Million
TABLE 57 Brazil Serverless Security Market, 2021 - 2027, USD Million
TABLE 58 Brazil Serverless Security Market by Service Model, 2017 - 2020, USD Million
TABLE 59 Brazil Serverless Security Market by Service Model, 2021 - 2027, USD Million
TABLE 60 Brazil Serverless Security Market by End User, 2017 - 2020, USD Million
TABLE 61 Brazil Serverless Security Market by End User, 2021 - 2027, USD Million
TABLE 62 Brazil Serverless Security Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 63 Brazil Serverless Security Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 64 Brazil Serverless Security Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 65 Brazil Serverless Security Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 66 Brazil Serverless Security Market by Security Type, 2017 - 2020, USD Million
TABLE 67 Brazil Serverless Security Market by Security Type, 2021 - 2027, USD Million
TABLE 68 Argentina Serverless Security Market, 2017 - 2020, USD Million
TABLE 69 Argentina Serverless Security Market, 2021 - 2027, USD Million
TABLE 70 Argentina Serverless Security Market by Service Model, 2017 - 2020, USD Million
TABLE 71 Argentina Serverless Security Market by Service Model, 2021 - 2027, USD Million
TABLE 72 Argentina Serverless Security Market by End User, 2017 - 2020, USD Million
TABLE 73 Argentina Serverless Security Market by End User, 2021 - 2027, USD Million
TABLE 74 Argentina Serverless Security Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 75 Argentina Serverless Security Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 76 Argentina Serverless Security Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 77 Argentina Serverless Security Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 78 Argentina Serverless Security Market by Security Type, 2017 - 2020, USD Million
TABLE 79 Argentina Serverless Security Market by Security Type, 2021 - 2027, USD Million
TABLE 80 UAE Serverless Security Market, 2017 - 2020, USD Million
TABLE 81 UAE Serverless Security Market, 2021 - 2027, USD Million
TABLE 82 UAE Serverless Security Market by Service Model, 2017 - 2020, USD Million
TABLE 83 UAE Serverless Security Market by Service Model, 2021 - 2027, USD Million
TABLE 84 UAE Serverless Security Market by End User, 2017 - 2020, USD Million
TABLE 85 UAE Serverless Security Market by End User, 2021 - 2027, USD Million
TABLE 86 UAE Serverless Security Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 87 UAE Serverless Security Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 88 UAE Serverless Security Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 89 UAE Serverless Security Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 90 UAE Serverless Security Market by Security Type, 2017 - 2020, USD Million
TABLE 91 UAE Serverless Security Market by Security Type, 2021 - 2027, USD Million
TABLE 92 Saudi Arabia Serverless Security Market, 2017 - 2020, USD Million
TABLE 93 Saudi Arabia Serverless Security Market, 2021 - 2027, USD Million
TABLE 94 Saudi Arabia Serverless Security Market by Service Model, 2017 - 2020, USD Million
TABLE 95 Saudi Arabia Serverless Security Market by Service Model, 2021 - 2027, USD Million
TABLE 96 Saudi Arabia Serverless Security Market by End User, 2017 - 2020, USD Million
TABLE 97 Saudi Arabia Serverless Security Market by End User, 2021 - 2027, USD Million
TABLE 98 Saudi Arabia Serverless Security Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 99 Saudi Arabia Serverless Security Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 100 Saudi Arabia Serverless Security Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 101 Saudi Arabia Serverless Security Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 102 Saudi Arabia Serverless Security Market by Security Type, 2017 - 2020, USD Million
TABLE 103 Saudi Arabia Serverless Security Market by Security Type, 2021 - 2027, USD Million
TABLE 104 South Africa Serverless Security Market, 2017 - 2020, USD Million
TABLE 105 South Africa Serverless Security Market, 2021 - 2027, USD Million
TABLE 106 South Africa Serverless Security Market by Service Model, 2017 - 2020, USD Million
TABLE 107 South Africa Serverless Security Market by Service Model, 2021 - 2027, USD Million
TABLE 108 South Africa Serverless Security Market by End User, 2017 - 2020, USD Million
TABLE 109 South Africa Serverless Security Market by End User, 2021 - 2027, USD Million
TABLE 110 South Africa Serverless Security Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 111 South Africa Serverless Security Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 112 South Africa Serverless Security Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 113 South Africa Serverless Security Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 114 South Africa Serverless Security Market by Security Type, 2017 - 2020, USD Million
TABLE 115 South Africa Serverless Security Market by Security Type, 2021 - 2027, USD Million
TABLE 116 Nigeria Serverless Security Market, 2017 - 2020, USD Million
TABLE 117 Nigeria Serverless Security Market, 2021 - 2027, USD Million
TABLE 118 Nigeria Serverless Security Market by Service Model, 2017 - 2020, USD Million
TABLE 119 Nigeria Serverless Security Market by Service Model, 2021 - 2027, USD Million
TABLE 120 Nigeria Serverless Security Market by End User, 2017 - 2020, USD Million
TABLE 121 Nigeria Serverless Security Market by End User, 2021 - 2027, USD Million
TABLE 122 Nigeria Serverless Security Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 123 Nigeria Serverless Security Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 124 Nigeria Serverless Security Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 125 Nigeria Serverless Security Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 126 Nigeria Serverless Security Market by Security Type, 2017 - 2020, USD Million
TABLE 127 Nigeria Serverless Security Market by Security Type, 2021 - 2027, USD Million
TABLE 128 Rest of LAMEA Serverless Security Market, 2017 - 2020, USD Million
TABLE 129 Rest of LAMEA Serverless Security Market, 2021 - 2027, USD Million
TABLE 130 Rest of LAMEA Serverless Security Market by Service Model, 2017 - 2020, USD Million
TABLE 131 Rest of LAMEA Serverless Security Market by Service Model, 2021 - 2027, USD Million
TABLE 132 Rest of LAMEA Serverless Security Market by End User, 2017 - 2020, USD Million
TABLE 133 Rest of LAMEA Serverless Security Market by End User, 2021 - 2027, USD Million
TABLE 134 Rest of LAMEA Serverless Security Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 135 Rest of LAMEA Serverless Security Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 136 Rest of LAMEA Serverless Security Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 137 Rest of LAMEA Serverless Security Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 138 Rest of LAMEA Serverless Security Market by Security Type, 2017 - 2020, USD Million
TABLE 139 Rest of LAMEA Serverless Security Market by Security Type, 2021 - 2027, USD Million
TABLE 140 Key information – Rackspace Technology, Inc.
TABLE 141 Key information – Fastly, Inc.
TABLE 142 Key Information – Amazon.com, Inc.
TABLE 143 Key Information – Palo Alto Networks, Inc.
TABLE 144 key information – Microsoft Corporation
TABLE 145 Key Information – Google LLC
TABLE 146 Key Information – Micro Focus International PLC
TABLE 147 Key information – Imperva
TABLE 148 Key information – Aqua Security Software Ltd.
TABLE 149 Key information – Serverless, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Apr – 2021, Sep) Leading Players
FIG 5 Recent strategies and developments: Fastly, Inc.
FIG 6 SWOT analysis: Amazon.com, Inc.
FIG 7 Recent strategies and developments: Palo Alto Networks, Inc.
FIG 8 SWOT Analysis: Palo Alto Networks, Inc.
FIG 9 Recent strategies and developments: Microsoft Corporation
FIG 10 SWOT Analysis: Microsoft Corporation
FIG 11 Recent strategies and developments: Google, Inc.
FIG 12 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 13 SWOT Analysis: Micro Focus International PLC
FIG 14 Recent strategies and developments: Imperva
FIG 15 Recent strategies and developments: Aqua Security Software Ltd.