Latest Trends in Cloud Native Applications Market Size, Share, Emerging Technologies, Growth, Top Key Players Update, and Forecast 2028

Cloud Native Applications Market by Component (Platforms and Services), Deployment Mode, Organization Size, Vertical (BFSI, Healthcare & Life Sciences, and IT & Telecom) and Region - Global Forecast to 2028
The global cloud native applications market [https://www.marketsandmarkets.com/Market-Reports/cloud-native-applications-market-53431081.html?utm_campaign=cloudnativeapplicationsmarket&utm_source=abnewswire.com&utm_medium=paidpr] is projected to grow from USD 5.9 billion in 2023 to USD 17.0 billion by 2028, with a compound annual growth rate (CAGR) of 23.7% over the forecast period. Key factors driving this growth include enhanced security, improved application management, and the use of containers that are infrastructure-agnostic and optimized for cloud environments. These capabilities enable development teams to build and deploy cloud native applications more efficiently, fueling the market's expansion.

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Platforms segment to hold the largest market size during the forecast period

A cloud native application is made of discrete, reusable components called microservices that can be integrated into any cloud environment. Microservices serve as building blocks and are frequently packaged in containers. Microservices work together to form an application as a whole, but each can be independently scaled, continuously improved, and rapidly iterated via automation and orchestration processes. Each microservice's flexibility contributes to the agility and continuous improvement of cloud-native applications. Cloud native is a method of developing and running applications that takes advantage of the benefits of the cloud computing delivery model. Companies that build and operate applications using a cloud native architecture bring new ideas to market faster and respond to customer demands more quickly. While public cloud has changed the way people think about infrastructure investment in almost every industry, cloud-like delivery isn't limited to public environments. Cloud native development is appropriate for both public and private clouds; it is about how applications are created and deployed rather than where they are created and deployed. More importantly, the ability to provide developers with on-demand access to computing power as well as modern data and application services is critical. Cloud native development combines DevOps, continuous delivery, microservices, and containers. A cloud-native platform is built, optimized, and run entirely in the cloud. Cloud-based tools are fast and scalable because the platform is built in the cloud. This technology provides reliable functionality, seamless interconnectivity, and enhanced business continuity. Cloud-native systems are built entirely in the cloud and provide developers with new and advanced deployment tools for the rapid evolution of the enterprise's overall architecture. They simplify the design and administration of complex infrastructure. Cloud hosting technology refers to cloud technologies that provide cloud processing and storage. The service provider manages the cloud-based infrastructure, software, and tools. The cost is variable and dependent on the user's requirements.

Healthcare & life sciences vertical to record the highest CAGR during the forecast period

By accelerating the digital transformation, healthcare companies are adapting and innovating faster than ever before to improve their healthcare services. This technology is gaining traction, allowing for better care delivery while also improving financial and operational outcomes. Cloud-native helps healthcare by easing onboarding and reducing the use of internal resources. Healthcare organizations that are already using cloud services and migrating to cloud-native platforms will find the process easier because the majority of the hardware and software requirements will be met. Because such cloud-native technology is flexible and scalable, healthcare ideas and plans can be easily brought to market and respond to customer needs more quickly. Connected devices continuously transmit data, and the amount of unstructured and structured data generated by the healthcare industry is massive. A single platform system for data collection, preservation, access, and compilation is now required, and health professionals are increasingly aware of the need for such systems. The use of cloud computing in healthcare allows for real-time data analysis, which improves accessibility and workflows, resulting in more proactive healthcare. When migrating from legacy systems to cloud platforms, privacy and security are of the utmost importance. Cloud-native platforms are an excellent solution to these issues. The use of cloud-native platforms can shift the emphasis away from the software, hardware, and infrastructure burden. It protects against data breaches and security breaches while also ensuring compliance with the Health Insurance Portability and Accountability Act (HIPAA) and the General Data Protection Regulation (GDPR) (GDPR).

North America is projected to have the largest market size during the forecast period

North America is expected to have the largest market size in the CNA market, and the trend is expected to continue till 2028. With the new Cloud Native and Orchestration Center in North America, Ericsson is doubling down on cloud native. Cloud native is a modern approach to developing and running software applications that takes advantage of cloud computing's flexibility, scalability, and resilience. Ericsson has launched the new Cloud Native and Orchestration Center with a focus on North America, where operators are at the forefront of the cloud native transformation. Ericsson's new center, which brings together more than 100 experts from across the US and Canada, will use this expertise to design, develop, implement, and support the life cycle management of cloud native solutions for customers worldwide. All network functions are migrating to cloud native platforms, from cloud native 5G core to cloud/virtualized RAN, and North America is at the forefront of this telco cloud native transformation. This new Cloud Native and Orchestration Center in North America will assist them with challenges such as platform and application life cycle management, migration, and automation, all of which are more complex for telco solutions. The Cloud Native and Orchestration Center is a virtual collaboration of Ericsson employees in Plano, Texas, as well as other locations across Canada and the US. Ericsson's Software Delivery Unit will also assist the team, as will Ericsson D-15 Labs in Silicon Valley. Services are critical in the cloud storage market because they support clients both before and after they adopt cloud storage solutions. Service providers assist their clients with various phases such as designing, establishing, maintaining, and updating CNA solutions.

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Unique Features in the Cloud Native Applications Market

A key feature of the cloud native applications market is the widespread adoption of containerization and microservices architecture. Containers allow applications to be developed, tested, and deployed in a consistent environment, regardless of the underlying infrastructure.

Cloud native applications are designed to be infrastructure-agnostic, meaning they can run seamlessly across different cloud environments-whether public, private, or hybrid. This flexibility enables businesses to avoid vendor lock-in and easily shift workloads between cloud providers as needed.

The integration of DevOps practices and CI/CD pipelines is another unique aspect of the cloud native market. These practices automate the software development lifecycle, from coding and testing to deployment and monitoring.

Cloud native applications are built to be dynamically scalable and resilient. Leveraging cloud resources, these applications can automatically scale up or down based on demand, optimizing resource utilization and cost-efficiency.

Cloud native applications are typically API-driven, enabling easy integration with various third-party services, platforms, and tools. APIs (Application Programming Interfaces) allow cloud native applications to communicate and share data across different systems, fostering interoperability in increasingly interconnected cloud ecosystems.

Major Highlights of the Cloud Native Applications Market

A major highlight of the cloud native applications market is the adoption of containerization and microservices architecture. These technologies enable applications to be developed and deployed with greater agility, allowing businesses to break down applications into smaller, independent services.

The market is witnessing a shift towards infrastructure-agnostic applications, allowing businesses to deploy workloads across public, private, or hybrid clouds. This flexibility is critical for organizations adopting multi-cloud strategies, as it reduces reliance on a single vendor and enables them to choose the optimal cloud environment for specific workloads.

Another major highlight is the deep integration of DevOps practices and Continuous Integration/Continuous Deployment (CI/CD) pipelines within cloud native applications. This enables rapid software development cycles, continuous updates, and quicker delivery of new features, allowing businesses to remain agile and competitive.

Cloud native applications offer dynamic scalability and resilience, which are crucial in today's digital-first environment. These applications can scale up or down automatically based on real-time demand, ensuring optimal resource utilization while maintaining performance during peak loads.

Security remains a key focus in the cloud native applications market. The integration of security throughout the development lifecycle, from the initial design to deployment, is a highlight. With containerization and microservices, security measures can be enforced at a granular level, reducing the risk of vulnerabilities.

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Top Companies in the Cloud Native Applications Market

Some prominent players across all service types profiled in the CNA market study include Amazon (US), Google (US), IBM (US), Infosys (India), LTI Mindtree (India), Microsoft (US), Oracle (US), Red Hat (US), SAP (Germany), VMware (US), Alibaba Cloud (Singapore), Apexon (US), Citrix (US), Cloudhelix (Sussex), and Cognizant (US).

IBM (US) is one of the leading providers of cloud native applications services and cognitive solutions, which work across domains such as consulting, software, cloud, IT infrastructure (and ecosystem), security, services, and research. The company operates in more than 175 countries and caters to industries worldwide. The company functions through six main segments: Global Technology Services, Cloud and Cognitive Software, Global Business Services, IBM Systems, Global Financing, and Others. IBM also offers solutions and services such as IBM Cloud Paks, Red Hat hybrid cloud platform. IBM offers infrastructure, hosting, and consulting services in customer relationship management, business analytics optimization, outsourcing, software, and security. The company is focused on developing solutions and products powered by the latest technologies, including AI and ML, analytics, big data, and IoT. The company also offers services to help clients transform their businesses. The service portfolio comprises application services, security, Business Processes and Operations (BPO), cloud services, and digital workplace services, among others.

Oracle (US) is one of the leading providers of a wide array of technologies, such as Oracle Managed Cloud Services offering, software and hardware management, and maintenance and security services. It delivers its products to over 400,000 customers worldwide with the help of a diverse variety of flexible IT deployment models, including on-premises, cloud-based, and hybrid. The company has clients from various industry verticals, including retail, financial services, manufacturing, automotive, communications, consumer goods, health & life sciences, wholesale distribution, oil and gas, education, government, and professional services. The company service division offers a range of IT solutions and consulting services, such as application support and technology services, to assist businesses in increasing productivity, reducing costs, and managing risk and compliance requirements. It also enables its customers to maximize its products' performance by providing consulting, support, and education services.

SAP (Germany) is a key player in the cloud-native applications market with offerings like the SAP Business Technology Platform and S/4HANA Cloud. These solutions support cloud-native development, real-time analytics, and scalable ERP capabilities. SAP collaborates with major cloud providers such as AWS, Microsoft Azure, and Google Cloud, enhancing flexibility and supporting hybrid and multi-cloud strategies. The company's focus on modern technologies like Kubernetes and microservices underscores its commitment to innovation and digital transformation.

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