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 2023
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.
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.
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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 2019 and 2023.
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.
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.
Containers as a Service Market can be segmented on the basis of following:
By Service Type
- 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
- Large Enterprises
- Retail & Consumer Goods
- IT & Telecommunication
- Media & Entertainment
- Transportation & Logistics
- Travel & Hospitality
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- Technology Investors
- Research/Consultancy Firms
- Government Bodies
- Container platform providers
- Service Providers
- Developers and IT operators
- System integrators
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