Container and Kubernetes Security Market Share Accelerating at a 27.4% CAGR Surges Toward USD 27.4 Billion by 2030

According to the report published by Allied Market Research, Container and Kubernetes Security Market Share Accelerating at a 27.4% CAGR Surges Toward USD 27.4 Billion by 2030. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.

An increase in vulnerabilities and cyberattacks, a rise in the popularity of microservices, and a surge in the adoption of hybrid cloud technology applications drive the growth of the global container and Kubernetes security market.

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The global container and Kubernetes security market was valued at $714.0 million in 2020, and is projected to reach $8,242.0 million by 2030, registering a CAGR of 27.4% from 2021 to 2030.

The Kubernetes security market is segmented on the basis of product, components, organizational size, and industry vertical. On the basis of product, the market is fragmented into cloud and on-premises. The on-premises segment dominated the market, in terms of revenue in 2020, and is expected to follow the same trend during the forecast period. On the basis of components, the market is segregated into container security platform and services. The container security platform segment was the highest revenue contributor in 2020, and is anticipated to garner significant market share during the forecast period.

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Based on components, the container security platform segment held the lion's share in 2020, accounting for more than three-fifths of the market. However, the services segment is expected to manifest the highest CAGR of 28.6% during the forecast period.

On the basis of enterprise size, the large enterprise's segment dominated the market in 2020, contributing to more than two-thirds of the market. However, the small and medium enterprises segment is anticipated to showcase the highest CAGR of 28.3% from 2021 to 2030.

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The global container and Kubernetes security market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the largest share in 2020, accounting for around two-fifths of the market. However, the market across Asia-Pacific is projected to register the highest CAGR of 30.9% during the forecast period.

The global container and Kubernetes security market includes an in-depth analysis of the prime market players such as Aqua Security, Alert Logic, Cloud Passage, Capsule8, Qualys, Nev Vector, Twist lock, Trend Micro, StackRox, and Sysdig.

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Covid-19 Scenario:

● The Covid-19 pandemic had a positive impact on the demand for cloud-based technology for data cybersecurity. The demand for hybrid cloud technology increased during the pandemic due to the rise in the adoption of work-from-home culture.

● However, the market witnessed several challenges due to a lack of workforce and prolonged lockdowns in several countries. Moreover, the disruption of the supply chain hampered the market growth.

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