Microservices Architecture Market by Top Key Players- Cognizant, IBM, Microsoft, Datawire, Salesforce.com., Infosys Limited, MuleSoft, Software AG, NGINX

Logo

Albany, NY -- (SBWire) -- 05/16/2019 --Microservices architecture (MSA) is a method of developing software systems in which large monolithic applications are broken down into smaller manageable independent services which focuses on performing one task efficiently and communicate via language agnostic protocols. Instead of focusing all teams on one large application, smaller independent services are managed by different smaller teams which enables superior scalable systems, improved productivity, and faster development cycles. By doing so, the responsibility of the codes running under that particular individual service is given to one particular development group. The philosophy behind microservices architecture is to do one thing and do it well. Some of the key benefits of microservices architecture are, it supports consumer choice, transparency and enablement, it extends the reach of business, and most importantly it improves business' time to market by providing technology agility. With the help of microservices architecture, important security patches can be distributed faster as it uses simpler code structures compared to monolithic applications. Microservices architecture is a digital business asset especially for service providers as it keep the services more competitive, relevant, in demand and responsive to change. Microservices architecture also provides an opportunity to enhance service offerings for different consumer audiences by supplementing or adding value to an existing service.

Get Free Sample Copy Of This Report @ https://www.marketresearchreports.biz/sample/sample/7260

The increased adoption of Cloud based Software as a Service (SaaS) providers in the enterprise business functionality have increased the need to integrate multiple application providers and services to support the enterprise. As microservices function on smaller and simpler services, the increase in Cloud adoption is one of the driving factors for the microservices architecture market. Proliferation of connected devices such as wearables, smartphones, smart home appliances, tablets, drones, and fitness trackers is the key driving factor for the microservices architecture market. This is because today's business customers expect a feature update for software applications on a much quicker iteration cycle than what traditionally existed. Microservices architecture is much more responsive to market requirements as it is an approach toward building, scaling, evolving, and deploying the individual services in the cycle. 

There are certain scenarios such as possible communication failures or network latency that need to be considered while adapting to microservices architecture. This is due to the fact that in microservices architecture, to communicate with other services, REST API (Representational State Transfer Application Program Interface) is used which gives rise to additional HTTP call overhead. However, to build the more granular services, technologies such as Internet of Things (IoT) and Virtualization presents the better opportunity for the microservices architecture market. 

The global microservices architecture market has been segmented on the basis of deployment, end-use industry, and geography. Based on deployment, the market has been divided into cloud and on premise. In terms of end-use industry, the microservices architecture market has been segregated into BFSI, government, manufacturing, IT and Telecom, retail, healthcare, energy and utilities, media, and others. As per geography, the market has been divided into North America, Asia Pacific, Europe, Middle East and Africa, and South America.

Request For TOC @ https://www.marketresearchreports.biz/sample/toc/7260

Some of the major players in the global microservices architecture market include Cognizant, IBM Corporation, Microsoft Corporation, Datawire, Salesforce.com., Infosys Limited, MuleSoft, INC., Software AG, IBM Corporation, and NGINX Inc.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

- Tailwinds and headwinds molding the market's trajectory
- Market segments based on products, technology, and applications
- Prospects of each segment
- Overall current and possible future size of the market
- Growth pace of the market
- Competitive landscape and key players' strategies

The main aim of the report is to:

- Enable key stakeholder's in the market bet right on it
- Understand the opportunities and pitfalls awaiting them
- Assess the overall growth scope in the near term
- Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

About MarketResearchReports.biz
MarketResearchReports.biz is a seller of syndicated market studies, featuring an exhaustive collection of research reports from leading international publishers. Our repository is diverse, spanning virtually every industrial sector and even more every category and sub-category within the industry. We also provide consulting services to enable our clients have a dynamic business perspective.

Contact Us

State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Toll Free: 866-997-4948 (USA-Canada)
Tel: +1-518-621-2074
Email: sales@marketresearchreports.biz

Media Relations Contact

Nachiket
Business Head
MarketResearchReports.Biz
1-518-621-2074
https://www.marketresearchreports.biz/it-and-telecommunication/7260/microservices-architecture-global-industry-market-research-reports

View this press release online at: http://rwire.com/1218645