Press release
Container Security Market Share, Size, Analysis, Growth, Opportunities, Forecast 2029
Market OverviewThe Container Security Market is expected to grow at a high CAGR during the forecasting period (2022-2029).
Container Security is implementing, defining, and adhering to security tools to provide information about any container-based systems or workload, including container image, the running container, and everything in between. It is used to protect all the aspects of the containerized application from risks and threats.
The rise in cloud computing and application sophistication has led to increased adoption of containers and container orchestration platforms, including Kubernetes and Docker. Furthermore, increased demand for the accelerated time to market enabled by DevOps and increased inclination towards application portability across the cloud network. The different benefits associated with containers include eliminating friction, faster build times, enhanced collaboration and confidence for developers.
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Market Dynamics
Need to recognize and plan security measures related to containers
The growing need of various organizations to safeguard containers from malicious attacks is the most prominent driving factor for the market's growth. Containers are usually prone to external threats and provide the point of entry into an organization's broader environment due to increased network traffic. It enables an organization to increase the security of the container, which in turn increases the demand for container security.
Easy deployment coupled with high scalability and extensibility.
The deployment of container security is becoming easy and has high scalability. Companies provide direct access through the browser with any special client software setup. For instance, Qualys, Inc. provides software that can be deployed on public or private cloud and can be set up without any special client software or VPN connections. Furthermore, it can also be used with other extensible XML-based APIs. It can be used with additional security and compliance systems, including GRC, ticketing systems, SIEM, ERM and IDS. Thus, easy deployment and high scalability are major factors aiding the market's growth.
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Market Segmentation:
By Component
• Products
• Professional Services
• Managed Services
By Deployment
• Cloud-based
• On-premises
By Organization
• SMEs
• Large Enterprises
By End-User
• IT and Telecom
• Banking, Financial Application and Insurance (BFSI)
• Government
• Healthcare
• Retail
• Manufacturing
Competitive Landscape
The container security market is highly competitive with the presence of local and global container security companies. Some of the key players contributing to the market's growth include Amazon Web Services, Inc., Check Point Software Technologies, Cisco System, Inc., IBM Corporation, Juniper Networks, McAfee Corporation, Microsoft Corporation and Palo Alto Networks, Inc., Qualys, Inc., Rapid7, among others.
The major players adopt several growth strategies such as product launches, acquisitions and collaborations, contributing to the container security market's global growth. However, the key players follow collaboration and acquisition as the growth strategy.
For instance, in February 2021, Rapid7 acquired Kubernetes security startup Alcide for US$50 million. The company is looking forward to expanding its business operations in managing containerized workloads. Kubernetes is designed to automate container management, making applying security protocol in automated infrastructure easier.
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