Press release
Containers as a Service Market 2023 Size, Share, Growth For Key Leaders: Google Inc., International Business Machines Corporation, Microsoft Corporation, Kontena, Cloud 66, CoScale
Containers as a Service Market, By Service Type (Security, Monitoring & Analytics, Storage & Networking, Management & Orchestration), By Deployment Model (Public, Private, Hybrid), By Organization Size, By Vertical - Forecast 2023Market Scenario:
Major giants like Apcera, VMware, Inc., Amazon Web Services, Docker, Google, Inc., International Business Machines Corporation and Microsoft Corporation are concentrating on the containers as a service market due to increasing demand for microservices across various industry verticals. Apcera has come up with a container management platform which allows security and networking along with legacy applications. Increasing demand for flexible and reliable container service solutions is one major factor driving the growth of containers as a service market. Cost effectiveness is another major factor responsible for fueling the growth of containers as a service market.
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North America region holds the largest market share of global containers as a service market followed by Europe and Asia Pacific regions. The growth is North America region is mainly dominated by U.S. and Canada and is attributed to the increasing demand for microservices in the region. The region also has a well-established infrastructure which allows implementation of advanced technologies. Also the shifted focus to server less architecture is one major factor responsible for driving the growth of containers as a service market in North America region.
Containers as a service market has been segmented on the basis of service type, deployment model, organization size and vertical. The service type segment is bifurcated into security, monitoring & analytics, storage & networking, continuous integration & continuous deployment, management & orchestration, support & maintenance and training & consulting. Out of which, management & orchestration sub segment is expected to hold the largest market share of containers as a service market during the forecast period. This is owing to the ease in deploying containers and also seamlessly integrating different containers at the same time. Managing and orchestration service type allows adding and removing of containers and running multiple containers at the same time too. Owing to such features, managing and orchestration sub segment is expected to drive the growth of containers as a service market during the forecast period. Whereas, the security type sub segment is expected to grow at the highest CAGR during the forecast period.
The global Containers as a Service Market is expected to grow at approx. USD 5560 Million by 2023, at 34% of CAGR between 2018 and 2023.
Key Players:
The prominent players in containers as a service market are – Apcera (U.S.), VMware, Inc. (U.S.), Amazon Web Services (U.S.), Docker (U.S.), Google, Inc. (U.S.), International Business Machines Corporation (U.S.), Microsoft Corporation (U.S.), Kontena (Finland), Cloud 66 (U.K.), CoScale (Belgium) and others.
Regional Analysis:
The regional analysis of containers as a service market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in containers as a service market in North America is attributed to technical advancements and growing need for adoption of micro services in that region.
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Segments:
Containers as a service market can be segmented on the basis of following:
By Service Type
• Security
• Monitoring & Analytics
• Storage & Networking
• Continuous Integration & Continuous Deployment
• Management & Orchestration
• Support & Maintenance
• Training & Consulting
By Deployment Model
• Public Cloud
• Private Cloud
• Hybrid Cloud
By Organization Size
• SMEs
• Large Enterprises
By Vertical
• BFSI
• Manufacturing
• Healthcare
• Retail & Consumer Goods
• IT & Telecommunication
• Media & Entertainment
• Transportation & Logistics
• Travel & Hospitality
• Others
Intended Audience
• Technology Investors
• Research/Consultancy Firms
• Government Bodies
• Container platform providers
• Service Providers
• Developers and IT operators
• System integrators
LIST OF TABLES
TABLE 1 CONTAINERS AS A SERVICE MARKET, BY SERVICE TYPE
TABLE 2 CONTAINERS AS A SERVICE MARKET, BY DEPLOYMENT MODEL
TABLE 3 CONTAINERS AS A SERVICE MARKET, BY ORGANIZATION SIZE
TABLE 4 CONTAINERS AS A SERVICE MARKET, BY VERTICAL
TABLE 5 CONTAINERS AS A SERVICE MARKET, BY REGION
Continued…..
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LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 CONTAINERS AS A SERVICE MARKET, BY SERVICE TYPE
FIGURE 3 CONTAINERS AS A SERVICE MARKET, BY DEPLOYMENT MODEL
FIGURE 4 CONTAINERS AS A SERVICE MARKET, BY ORGANIZATION SIZE
FIGURE 5 CONTAINERS AS A SERVICE MARKET, BY VERTICAL
Continued….
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