Security News > 2021 > August > Serverless security market size to reach $5.1 billion by 2026

The serverless security market size to grow from $1.4 billion in 2021 to $5.1 billion by 2026, at a CAGR of 29.9% during the forecast period, according to MarketsandMarkets.

AWS, Microsoft Azure, Google Cloud Platform with multiple offerings, and IBM are the major providers of FaaS. In security type, network security to grow at the highest CAGR. Network security is the technique of securing networks from advanced threats on the serverless architecture.

The key trends that contribute to the serverless network security market growth are the growing usage of cloud computing services and serverless architectures.

North America to hold the largest serverless security market size by 2026.

The region is estimated to have the largest market size in the global serverless security market, and the trend is expected to continue until 2026.

The regional presence of key industry players offering serverless security solutions is the main factor driving the growth of the North American serverless security industry.

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