Microservices in Healthcare Market - Global Forecast to 2023: Key Players are AWS, CA Technologies, Microsoft, Salesforce, Pivotal Software, Infosys, IBM, NGINX, Oracle, and Syntel - ResearchAndMarkets.com
17 December 2018
DUBLIN--(BUSINESS WIRE)-- The "Microservices in Healthcare Market by Component (Platform, Services (Consulting, Integration, Training, Support, Maintenance)), Delivery (Cloud, Hybrid, Private, On-Site), End User (Healthcare Provider, Payer, Life Science) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global microservices in healthcare market is projected to reach USD 343.3 million by 2023 from the estimated USD 130.7 million in 2018, at a CAGR of 21.3%.
The benefits of microservice architecture, such as their ability to increase overall efficiency and project delivery speed, are the primary factors driving the market growth. However, concerns regarding security and regulatory compliance, and the complexity of architecture are expected to hinder the growth of this market during the forecast period.
Based on component, the microservices in healthcare market is segmented into platforms and services. The services segment is further segmented into consulting services, integration services, and training, support, and maintenance services. Considering the dynamic nature of this market segment, currently, several vendors are innovating and offering various services in an effort to expand their customer base across the globe. The services segment is expected to grow at a rapid pace with the increasing deployment of microservices across the healthcare industry, globally.
On the basis of delivery model, the microservices in healthcare market is segmented into on-premise model and cloud-based model. In 2018, the cloud-based models segment is expected to register a higher CAGR during the forecast period. Cloud-based microservices are sold on the basis of subscriptions ranging from one month to multiple years. They do not require any significant setup charges, owing to which a growing number of healthcare organizations, payers, providers, and laboratories are opting for cloud-based solutions.
Maintenance and support service charges are also included in subscription fees, which makes these delivery modes more affordable for customers. In addition, storage flexibility and ease of use are some of the other advantages associated with cloud-based healthcare microservices solutions.
Some of the prominent players in the market include AWS (US), CA Technologies (US), Microsoft (US), Salesforce (US), Pivotal Software, Inc. (US), Infosys (India), IBM (US), NGINX Inc. (US), Oracle (US), and Syntel (US).
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Microservices in Healthcare Market, By Component
7 Microservices in Healthcare Market, By Deployment Model
8 Microservices in Healthcare Market, By End User
9 Microservices in Healthcare Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/6k2jg7/microservices_in?w=4
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