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The size of the worldwide serverless architecture market was estimated at USD 3.3 billion in 2022 and is expected to expand at a Compound Annual Growth Rate (CAGR) of 34.1% to reach USD 14.4 billion by 2032. The growing need for application modernization and digital transformation is driving considerable growth in the worldwide serverless architecture market. Developers may concentrate on writing and delivering code as serverless architecture eliminates the requirement for server administration while creating and executing apps. This lowers operating expenses and does away with the requirement
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