The North America Serverless Security Market would witness market growth of 25.2% CAGR during the forecast period (2021-2027).
Serverless models shift considerable responsibilities from the owner of the application to the platform which also includes some major security responsibilities. Moreover, serverless is the natural evolution of cloud computing in which companies deploy Rackspace of cloud vendors with an aim to increase their computing power. However, with any latest technology, specifically an advanced one, serverless computing also brings different technological risks.
The presence of big giants operating in this region such as AWS, Google, Microsoft, and IBM would accelerate the market growth. Along with that, increasing R&D investments in the cloud-native architecture contributed to the standardized application development approach to simplify companies’ operational processes. The increasing demand for serverless security services among the companies is fueling the growth of the regional market. Furthermore, North America is among the most developed market in terms of cloud adoption, owing to various aspects like advanced IT infrastructure, standard regulations, the presence of several large enterprises, and accessibility of technical expertise.
The high adoption of a wide range of advanced technologies by the companies in this region is among the major factor surging the growth of the regional serverless security market over the forecast period. In addition, the increasing importance of securing the network from various malicious activities or cyberthreats is supporting the demand for serverless security solutions in this region. Further, as digitalization is at peak, companies are majorly shifting towards the adoption of solutions to secure their applications, network, and others from cybercriminals.
Moreover, the presence of several key companies operating in this region is among the key aspect fueling the growth of the serverless security market in this region. However, the availability of various advanced solutions may hamper the demand for serverless security solutions in this region. But the introduction of better and improved serverless security solutions by the key vendors would accelerate the growth of the regional market in the coming years.
The US market dominated the North America Serverless Security Backend as a Service (BaaS) Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $414.5 million by 2027. The Canada market is experiencing a CAGR of 30.9% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 29.8% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Serverless Security Market is Estimated 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
- US
- Canada
- Mexico
- Rest of North America
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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Serverless Security Market, by Service Model
1.4.2 North America Serverless Security Market, by Enterprise Size
1.4.3 North America Serverless Security Market, by Deployment Mode
1.4.4 North America Serverless Security Market, by Security Type
1.4.5 North America Serverless Security Market, by End User
1.4.6 North America Serverless Security Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 COVID-19 Impact Analysis
2.1.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2017, Apr – 2021, Sep) Leading Players
Chapter 4. North America Serverless Security Market by Service Model
4.1 North America Serverless Security Function as a Service (FaaS) Market by Country
4.2 North America Serverless Security Backend as a Service (BaaS) Market by Country
Chapter 5. North America Serverless Security Market by End User
5.1 North America BFSI Serverless Security Market by Country
5.2 North America IT & Telecom Serverless Security Market by Country
5.3 North America Healthcare Serverless Security Market by Country
5.4 North America Retail & eCommerce Serverless Security Market by Country
5.5 North America Media & Entertainment Serverless Security Market by Country
5.6 North America Energy & Utility Serverless Security Market by Country
5.7 North America Manufacturing Serverless Security Market by Country
5.8 North America Other End User Serverless Security Market by Country
Chapter 6. North America Serverless Security Market by Enterprise Size
6.1 North America Serverless Security Large Enterprises Market by Country
6.2 North America Serverless Security Small & Medium Enterprise Market by Country
Chapter 7. North America Serverless Security Market by Deployment Mode
7.1 North America Public Serverless Security Market by Country
7.2 North America Private Serverless Security Market by Country
Chapter 8. North America Serverless Security Market by Security Type
8.1 North America Data Security Serverless Security Market by Country
8.2 North America Network Security Serverless Security Market by Country
8.3 North America Application Security Serverless Security Market by Country
8.4 North America Perimeter Security Serverless Security Market by Country
8.5 North America Others Serverless Security Market by Country
Chapter 9. North America Serverless Security Market by Country
9.1 US Serverless Security Market
9.1.1 US Serverless Security Market by Service Model
9.1.2 US Serverless Security Market by End User
9.1.3 US Serverless Security Market by Enterprise Size
9.1.4 US Serverless Security Market by Deployment Mode
9.1.5 US Serverless Security Market by Security Type
9.2 Canada Serverless Security Market
9.2.1 Canada Serverless Security Market by Service Model
9.2.2 Canada Serverless Security Market by End User
9.2.3 Canada Serverless Security Market by Enterprise Size
9.2.4 Canada Serverless Security Market by Deployment Mode
9.2.5 Canada Serverless Security Market by Security Type
9.3 Mexico Serverless Security Market
9.3.1 Mexico Serverless Security Market by Service Model
9.3.2 Mexico Serverless Security Market by End User
9.3.3 Mexico Serverless Security Market by Enterprise Size
9.3.4 Mexico Serverless Security Market by Deployment Mode
9.3.5 Mexico Serverless Security Market by Security Type
9.4 Rest of North America Serverless Security Market
9.4.1 Rest of North America Serverless Security Market by Service Model
9.4.2 Rest of North America Serverless Security Market by End User
9.4.3 Rest of North America Serverless Security Market by Enterprise Size
9.4.4 Rest of North America Serverless Security Market by Deployment Mode
9.4.5 Rest of North America Serverless Security Market by Security Type
Chapter 10. Company Profiles
10.1 Rackspace Technology, Inc.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional & Segmental Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Acquisitions and Mergers:
10.1.5.2 Product launches and Product Expansions:
10.2 Fastly, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional & Segmental Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Acquisitions and Mergers:
10.2.5.3 Product launches and Product Expansions:
10.3 Amazon.com, Inc.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Recent strategies and developments:
10.3.4.1 Product launches and Product Expansions:
10.4 Palo Alto Networks, Inc.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Acquisition and Mergers:
10.4.5.3 Product Launches and Product Expansions:
10.4.6 SWOT Analysis
10.5 Microsoft Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.5.2 Acquisitions and Mergers:
10.5.5.3 Product launches and Product Expansions:
10.5.6 SWOT Analysis
10.6 Google LLC
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.5.2 Acquisitions and Mergers:
10.6.5.3 Product launches and Product Expansions:
10.6.6 SWOT Analysis
10.7 Micro Focus International PLC
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Product launches and Product Expansions:
10.7.6 SWOT Analysis
10.8 Imperva
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Acquisitions and Mergers:
10.8.2.2 Product launches and Product Expansions:
10.9 Aqua Security Software Ltd.
10.9.1 Company Overview
10.9.2 Recent strategies and developments:
10.9.2.1 Partnerships, Collaborations, and Agreements:
10.9.2.2 Acquisitions and Mergers:
10.9.2.3 Product launches and Product Expansions:
10.10. Serverless, Inc.
10.10.1 Company Overview
10.10.2 Recent strategies and developments:
10.10.2.1 Product launches and Product Expansions:
TABLE 1 North America Serverless Security Market, 2017 - 2020, USD Million
TABLE 2 North America 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 North America Serverless Security Market by Service Model, 2017 - 2020, USD Million
TABLE 7 North America Serverless Security Market by Service Model, 2021 - 2027, USD Million
TABLE 8 North America Serverless Security Function as a Service (FaaS) Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Serverless Security Function as a Service (FaaS) Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Serverless Security Backend as a Service (BaaS) Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Serverless Security Backend as a Service (BaaS) Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Serverless Security Market by End User, 2017 - 2020, USD Million
TABLE 13 North America Serverless Security Market by End User, 2021 - 2027, USD Million
TABLE 14 North America BFSI Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 15 North America BFSI Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 16 North America IT & Telecom Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 17 North America IT & Telecom Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 18 North America Healthcare Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Healthcare Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Retail & eCommerce Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 21 North America Retail & eCommerce Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 22 North America Media & Entertainment Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 23 North America Media & Entertainment Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 24 North America Energy & Utility Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 25 North America Energy & Utility Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 26 North America Manufacturing Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 27 North America Manufacturing Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 28 North America Other End User Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Other End User Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Serverless Security Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 31 North America Serverless Security Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 32 North America Serverless Security Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 33 North America Serverless Security Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 34 North America Serverless Security Small & Medium Enterprise Market by Country, 2017 - 2020, USD Million
TABLE 35 North America Serverless Security Small & Medium Enterprise Market by Country, 2021 - 2027, USD Million
TABLE 36 North America Serverless Security Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 37 North America Serverless Security Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 38 North America Public Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 39 North America Public Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 40 North America Private Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 41 North America Private Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 42 North America Serverless Security Market by Security Type, 2017 - 2020, USD Million
TABLE 43 North America Serverless Security Market by Security Type, 2021 - 2027, USD Million
TABLE 44 North America Data Security Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 45 North America Data Security Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 46 North America Network Security Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 47 North America Network Security Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 48 North America Application Security Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 49 North America Application Security Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 50 North America Perimeter Security Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 51 North America Perimeter Security Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 52 North America Others Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 53 North America Others Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 54 North America Serverless Security Market by Country, 2017 - 2020, USD Million
TABLE 55 North America Serverless Security Market by Country, 2021 - 2027, USD Million
TABLE 56 US Serverless Security Market, 2017 - 2020, USD Million
TABLE 57 US Serverless Security Market, 2021 - 2027, USD Million
TABLE 58 US Serverless Security Market by Service Model, 2017 - 2020, USD Million
TABLE 59 US Serverless Security Market by Service Model, 2021 - 2027, USD Million
TABLE 60 US Serverless Security Market by End User, 2017 - 2020, USD Million
TABLE 61 US Serverless Security Market by End User, 2021 - 2027, USD Million
TABLE 62 US Serverless Security Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 63 US Serverless Security Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 64 US Serverless Security Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 65 US Serverless Security Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 66 US Serverless Security Market by Security Type, 2017 - 2020, USD Million
TABLE 67 US Serverless Security Market by Security Type, 2021 - 2027, USD Million
TABLE 68 Canada Serverless Security Market, 2017 - 2020, USD Million
TABLE 69 Canada Serverless Security Market, 2021 - 2027, USD Million
TABLE 70 Canada Serverless Security Market by Service Model, 2017 - 2020, USD Million
TABLE 71 Canada Serverless Security Market by Service Model, 2021 - 2027, USD Million
TABLE 72 Canada Serverless Security Market by End User, 2017 - 2020, USD Million
TABLE 73 Canada Serverless Security Market by End User, 2021 - 2027, USD Million
TABLE 74 Canada Serverless Security Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 75 Canada Serverless Security Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 76 Canada Serverless Security Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 77 Canada Serverless Security Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 78 Canada Serverless Security Market by Security Type, 2017 - 2020, USD Million
TABLE 79 Canada Serverless Security Market by Security Type, 2021 - 2027, USD Million
TABLE 80 Mexico Serverless Security Market, 2017 - 2020, USD Million
TABLE 81 Mexico Serverless Security Market, 2021 - 2027, USD Million
TABLE 82 Mexico Serverless Security Market by Service Model, 2017 - 2020, USD Million
TABLE 83 Mexico Serverless Security Market by Service Model, 2021 - 2027, USD Million
TABLE 84 Mexico Serverless Security Market by End User, 2017 - 2020, USD Million
TABLE 85 Mexico Serverless Security Market by End User, 2021 - 2027, USD Million
TABLE 86 Mexico Serverless Security Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 87 Mexico Serverless Security Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 88 Mexico Serverless Security Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 89 Mexico Serverless Security Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 90 Mexico Serverless Security Market by Security Type, 2017 - 2020, USD Million
TABLE 91 Mexico Serverless Security Market by Security Type, 2021 - 2027, USD Million
TABLE 92 Rest of North America Serverless Security Market, 2017 - 2020, USD Million
TABLE 93 Rest of North America Serverless Security Market, 2021 - 2027, USD Million
TABLE 94 Rest of North America Serverless Security Market by Service Model, 2017 - 2020, USD Million
TABLE 95 Rest of North America Serverless Security Market by Service Model, 2021 - 2027, USD Million
TABLE 96 Rest of North America Serverless Security Market by End User, 2017 - 2020, USD Million
TABLE 97 Rest of North America Serverless Security Market by End User, 2021 - 2027, USD Million
TABLE 98 Rest of North America Serverless Security Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 99 Rest of North America Serverless Security Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 100 Rest of North America Serverless Security Market by Deployment Mode, 2017 - 2020, USD Million
TABLE 101 Rest of North America Serverless Security Market by Deployment Mode, 2021 - 2027, USD Million
TABLE 102 Rest of North America Serverless Security Market by Security Type, 2017 - 2020, USD Million
TABLE 103 Rest of North America Serverless Security Market by Security Type, 2021 - 2027, USD Million
TABLE 104 Key information – Rackspace Technology, Inc.
TABLE 105 Key information – Fastly, Inc.
TABLE 106 Key Information – Amazon.com, Inc.
TABLE 107 Key Information – Palo Alto Networks, Inc.
TABLE 108 key information – Microsoft Corporation
TABLE 109 Key Information – Google LLC
TABLE 110 Key Information – Micro Focus International PLC
TABLE 111 Key information – Imperva
TABLE 112 Key information – Aqua Security Software Ltd.
TABLE 113 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.