Home Press Releases Container as a Service Market Size Worth $10.75 Billion By 2030 | CAGR: 22.5%

Container as a Service Market Size Worth $10.75 Billion By 2030 | CAGR: 22.5%

The global container as a service market size is expected to reach USD 10.75 billion by 2030, according to a new study by Polaris Market Research. The report “Container as a Service Market Share, Size, Trends, Industry Analysis Report, By Deployment Model (Public Cloud, Private Cloud); By Application; By Region; Segment Forecast, 2022 -2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The global increase in instances of a container as a service may be responsible for the market’s optimistic growth potential. The main drivers for the CaaS are the increasing use of microservices, the growth of DevOps, and the transformation of business applications through containerization (CaaS).

 

Microservices, an architectural and organizational model that consists of small, autonomous services that communicate over explicitly defined APIs, can be used to build the software. Microservices architectures enable applications to expand more rapidly and easily, accelerating the industry for new features. Businesses have started implementing hybrid clouds that serve as the foundation for virtual resources and feature cutting-edge container platforms. As a result, developers deploy CaaS more frequently the more frequently organizations use microservices.

 

The widespread adoption of CaaS, which enables IT departments and developers to build, manage, and run containerized applications, and the growing knowledge of the benefits of cost-effectiveness and increased productivity boost market growth.

 

Businesses may increase productivity and reduce risk using containers as a service solution. These are the primary factors expected to drive the worldwide container-as-a-service market during the forecasted period. The solution covers three security levels: the structure, container, and access layers.

 

Containers-as-a-service features include a dedicated security gateway, LDAP/AD connection, secure image repository, and role-based access control. Multiple languages, frameworks, and databases may run concurrently on the Container. The demand for containers as a service is developing due to the benefits of increased productivity and cost-effectiveness. The growing popularity of microservices globally is one of the key factors boosting the industry.

 

With the aid of CaaS technologies, IT departments and developers may create, manage, and run containerized applications. A CaaS approach enables clusters and containers to be deployed in either an on-premises server environment or through the cloud by offering them as a service. Small and medium-sized businesses (SMEs) could benefit from the CaaS model, and during the projection period, networking capabilities are likely to develop, creating new opportunities for CaaS providers.

 

Additionally, the growing demand for services from companies aiming to reduce shipping times due to hosted applications and the high demand for the advantages due to their increased acceptance and lightweight are two additional factors that affect the industry’s growth.

 

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The COVID-19 timeframe has seen a rapid acceleration in the container security sector. Due to the widespread adoption of the work-from-home policy, many businesses had little choice but to use cloud services to safeguard their data and give employees unrestricted access to it so they could use it and share it from anywhere in the world. The COVID-19 scenario has therefore increased demand for container security worldwide.

 

The worldwide container security market is expected to rise due to the swift increase in cyberattacks. The market growth is also projected to be boosted by leading industry players making acquisitions and expanding their businesses.

 

Container as a Service Market Report Highlights

  • The public cloud industry led the market in 2021, accounting for the largest revenue share. The growing need for storage and computing resources has caused the CaaS market for the public cloud to grow.
  • In 2021, the IT & Telecom category dominated the market because apps in the worldwide CaaS industry make the most money. This service manages containers at a large scale by deploying containerized applications and clusters.
  • North America dominated the market in 2021 due to the rising need for private virtual clouds, managed data centers, and sophisticated technology accessibility.
  • The global players include Amazon Web Service (AWS), ContainerShip, Cisco System, DH2i, CoreOS, Giant Swarm, Docker Inc, HPE, Google, and IBM.

 

Polaris Market Research has segmented the Container as a Service Market report based on deployment mode, application and region:

 

Container As a Service, Deployment Mode Outlook (Revenue – USD Billion, 2018 – 2030)

  • Public Cloud
  • Private Cloud

Container As a Service, Application Outlook (Revenue – USD Billion, 2018 – 2030)

  • BFSI
  • Healthcare
  • Education

Container As a Service, Regional Outlook (Revenue – USD Billion, 2018 – 2030)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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