The serverless architecture market has grown in revenue as cloud computing has become more widely adopted. The use of enterprise IT has revolutionised operational productivity. The need for costly physical infrastructure is eliminated with serverless architecture. Serverless architecture makes it simple to deploy and managed services and other items like software and functions, resulting in increased development. Adoption has been aided by increased knowledge of cloud technologies and serverless architecture. Furthermore, because of the high scalability of serverless architecture, small and medium businesses can now use IT services that were previously only available to large businesses. Because of its well-established cloud industry, the app development market, and widespread acceptance of serverless architecture for IoT applications, North America dominated the overall serverless architecture market share in terms of revenue.