Australia Function-as-a-Service Market (2025-2031) Outlook | Forecast, Share, Size, Revenue, Companies, Trends, Industry, Value, Growth & Analysis

Name: Australia Function-as-a-Service Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Organization Size (Small and Medium Enterprises, Large Enterprises), By Application (Web & Mobile Based, Research & Academic), By End-User (BFSI, IT and Telecommunication, Retail, Healthcare and Life Sciences, Other End-Users (Media and Entertainment, Government, Educational Institutions))), By Deployment Model (Public cloud, Private cloud, Hybrid cloud) And Competitive Landscape

Product Code: ETC4431156	Publication Date: Jul 2023	Updated Date: Apr 2025	Product Type: Report
Publisher: 6Wresearch	Author: Dhaval Chaurasia	No. of Pages: 85	No. of Figures: 45	No. of Tables: 25

Australia Function as a Service Market Overview

The function as a service (FaaS) market in Australia is witnessing growth as organizations embrace cloud computing and serverless architectures to streamline operations and reduce infrastructure costs. FaaS enables developers to deploy individual functions or microservices in the cloud without managing underlying servers, allowing for scalable and cost-effective application development and deployment. The market is driven by factors such as increasing adoption of agile development methodologies, rising demand for serverless computing solutions, and growing emphasis on digital transformation initiatives. With a focus on innovation and agility, there is a growing demand for FaaS platforms and services among enterprises and developers, driving market growth in Australia.

Drivers of the market

The function as a service (FaaS) market in Australia is influenced by factors such as cloud adoption, digital transformation initiatives, developer preferences, and cost optimization strategies. FaaS, a cloud computing model, allows developers to deploy individual functions or pieces of code in a serverless environment, eliminating the need for infrastructure management and scalability concerns. The growing adoption of cloud-native development practices and microservices architecture drives demand for FaaS solutions, enabling agile development, scalability, and cost-efficiency. Developer preferences for serverless computing models and pay-as-you-go pricing models further accelerate market growth in Australia.

Challenges of the market

A challenge in the function as a service (FaaS) market in Australia is ensuring data security and privacy in cloud-based service delivery models. FaaS involves the provision of serverless computing resources on a pay-per-use basis, enabling developers to deploy and run code without managing underlying infrastructure. However, storing and processing sensitive data in the cloud raises concerns about data security, privacy breaches, and compliance with regulations such as the General Data Protection Regulation (GDPR). Addressing these concerns and implementing robust security measures to protect data integrity and confidentiality poses a challenge for stakeholders in the FaaS market.

Government Policy of the market

Government policies related to digital transformation, cloud computing, and cybersecurity impact the function as a service (FaaS) market in Australia. Regulatory bodies such as the Australia Cyber Security Centre (ACSC) and the Digital Transformation Agency (DTA) provide guidance and standards for secure and reliable cloud computing services, including FaaS solutions. Government procurement policies and initiatives promote the adoption of cloud-based technologies and services across various sectors, driving demand for FaaS offerings. Additionally, data privacy regulations and compliance requirements, such as the Australia Privacy Principles (APPs) under the Privacy Act 1988, influence the deployment and usage of FaaS platforms in Australia.

Key Highlights of the Report:

Australia Function-as-a-Service Market Outlook
Market Size of Australia Function-as-a-Service Market, 2024
Forecast of Australia Function-as-a-Service Market, 2031
Historical Data and Forecast of Australia Function-as-a-Service Revenues & Volume for the Period 2021-2031
Australia Function-as-a-Service Market Trend Evolution
Australia Function-as-a-Service Market Drivers and Challenges
Australia Function-as-a-Service Price Trends
Australia Function-as-a-Service Porter's Five Forces
Australia Function-as-a-Service Industry Life Cycle
Historical Data and Forecast of Australia Function-as-a-Service Market Revenues & Volume By Organization Size for the Period 2021-2031
Historical Data and Forecast of Australia Function-as-a-Service Market Revenues & Volume By Small and Medium Enterprises for the Period 2021-2031
Historical Data and Forecast of Australia Function-as-a-Service Market Revenues & Volume By Large Enterprises for the Period 2021-2031
Historical Data and Forecast of Australia Function-as-a-Service Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Australia Function-as-a-Service Market Revenues & Volume By Web & Mobile Based for the Period 2021-2031
Historical Data and Forecast of Australia Function-as-a-Service Market Revenues & Volume By Research & Academic for the Period 2021-2031
Historical Data and Forecast of Australia Function-as-a-Service Market Revenues & Volume By End-User for the Period 2021-2031
Historical Data and Forecast of Australia Function-as-a-Service Market Revenues & Volume By BFSI for the Period 2021-2031
Historical Data and Forecast of Australia Function-as-a-Service Market Revenues & Volume By IT and Telecommunication for the Period 2021-2031
Historical Data and Forecast of Australia Function-as-a-Service Market Revenues & Volume By Retail for the Period 2021-2031
Historical Data and Forecast of Australia Function-as-a-Service Market Revenues & Volume By Healthcare and Life Sciences for the Period 2021-2031
Historical Data and Forecast of Australia Function-as-a-Service Market Revenues & Volume By Other End-Users (Media and Entertainment, Government, Educational Institutions)) for the Period 2021-2031
Historical Data and Forecast of Australia Function-as-a-Service Market Revenues & Volume By Deployment Model for the Period 2021-2031
Historical Data and Forecast of Australia Function-as-a-Service Market Revenues & Volume By Public cloud for the Period 2021-2031
Historical Data and Forecast of Australia Function-as-a-Service Market Revenues & Volume By Private cloud for the Period 2021-2031
Historical Data and Forecast of Australia Function-as-a-Service Market Revenues & Volume By Hybrid cloud for the Period 2021-2031
Australia Function-as-a-Service Import Export Trade Statistics
Market Opportunity Assessment By Organization Size
Market Opportunity Assessment By Application
Market Opportunity Assessment By End-User
Market Opportunity Assessment By Deployment Model
Australia Function-as-a-Service Top Companies Market Share
Australia Function-as-a-Service Competitive Benchmarking By Technical and Operational Parameters
Australia Function-as-a-Service Company Profiles
Australia Function-as-a-Service Key Strategic Recommendations

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Australia Function-as-a-Service Market Overview

3.1 Australia Country Macro Economic Indicators

3.2 Australia Function-as-a-Service Market Revenues & Volume, 2021 & 2031F

3.3 Australia Function-as-a-Service Market - Industry Life Cycle

3.4 Australia Function-as-a-Service Market - Porter's Five Forces

3.5 Australia Function-as-a-Service Market Revenues & Volume Share, By Organization Size, 2021 & 2031F

3.6 Australia Function-as-a-Service Market Revenues & Volume Share, By Application , 2021 & 2031F

3.7 Australia Function-as-a-Service Market Revenues & Volume Share, By End-User, 2021 & 2031F

3.8 Australia Function-as-a-Service Market Revenues & Volume Share, By Deployment Model, 2021 & 2031F

4 Australia Function-as-a-Service Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Australia Function-as-a-Service Market Trends

6 Australia Function-as-a-Service Market, By Types

6.1 Australia Function-as-a-Service Market, By Organization Size

6.1.1 Overview and Analysis

6.1.2 Australia Function-as-a-Service Market Revenues & Volume, By Organization Size, 2021-2031F

6.1.3 Australia Function-as-a-Service Market Revenues & Volume, By Small and Medium Enterprises, 2021-2031F

6.1.4 Australia Function-as-a-Service Market Revenues & Volume, By Large Enterprises, 2021-2031F

6.2 Australia Function-as-a-Service Market, By Application

6.2.1 Overview and Analysis

6.2.2 Australia Function-as-a-Service Market Revenues & Volume, By Web & Mobile Based, 2021-2031F

6.2.3 Australia Function-as-a-Service Market Revenues & Volume, By Research & Academic, 2021-2031F

6.3 Australia Function-as-a-Service Market, By End-User

6.3.1 Overview and Analysis

6.3.2 Australia Function-as-a-Service Market Revenues & Volume, By BFSI, 2021-2031F

6.3.3 Australia Function-as-a-Service Market Revenues & Volume, By IT and Telecommunication, 2021-2031F

6.3.4 Australia Function-as-a-Service Market Revenues & Volume, By Retail, 2021-2031F

6.3.5 Australia Function-as-a-Service Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F

6.3.6 Australia Function-as-a-Service Market Revenues & Volume, By Other End-Users (Media and Entertainment, Government, Educational Institutions)), 2021-2031F

6.4 Australia Function-as-a-Service Market, By Deployment Model

6.4.1 Overview and Analysis

6.4.2 Australia Function-as-a-Service Market Revenues & Volume, By Public cloud, 2021-2031F

6.4.3 Australia Function-as-a-Service Market Revenues & Volume, By Private cloud, 2021-2031F

6.4.4 Australia Function-as-a-Service Market Revenues & Volume, By Hybrid cloud, 2021-2031F

7 Australia Function-as-a-Service Market Import-Export Trade Statistics

7.1 Australia Function-as-a-Service Market Export to Major Countries

7.2 Australia Function-as-a-Service Market Imports from Major Countries

8 Australia Function-as-a-Service Market Key Performance Indicators

9 Australia Function-as-a-Service Market - Opportunity Assessment

9.1 Australia Function-as-a-Service Market Opportunity Assessment, By Organization Size, 2021 & 2031F

9.2 Australia Function-as-a-Service Market Opportunity Assessment, By Application , 2021 & 2031F