Container As A Service Market Analysis - Forecasts To 2025 By Type (Storage & Networking, Management & Orchestration, Training & Consulting, Monitoring & Analytics, Security, Continuous Integration & Continuous Deployment, and Support & Maintenance); By Deployment Model (Private Cloud, Public Cloud, and Hybrid Cloud); By Organization site (Small & Medium-Sized Enterprises, Large Enterprises); By Vertical (Retail and Consumer Goods, Healthcare and Life Sciences, Manufacturing, Media, Banking, Financial Services and Insurance, Entertainment, and Gaming, IT and Telecommunications, Transportation and Logistics, Travel and Hospitality, Others) By Region (North America, Europe, Asia Pacific, Central and South America, Middle East and Africa); End-use Landscape; Vendor Landscape and Competitive Landscape - Global Market Estimates
Container as a Service Market Insights
The Container as a service market (CaaS) is anticipated to grow at a CAGR of more than 35% over the forecast period. Factors such as reduced cost, increased productivity, and expanding popularity of microservices are likely to drive the demand for CaaS.
CaaS offers various benefits such as operational simplicity, platform independency, asset optimization, and smooth scalability. The growing adoption of CaaS services amongst different organizations is attributed to factors such as faster deployment of applications, mechanized testing, and increasing need for resource optimization.
Factors such as an increase in Container Sprawl coupled with the complexity involved in achieving security and compliance are anticipated to restrain the market growth over the forecast period.
Container as a Service Market: Service Type Insights
Based on service type, the Container as a service market is segmented into monitoring & analytics, security, continuous integration & continuous deployment, storage & networking, management & orchestration, training & consulting, and support & maintenance. The security application segment is likely to witness highest CAGR over the coming years. Moreover, the management & orchestration segment is likely to account for the largest market size over the forecast period.
Container as a Service Market: Deployment Model Insights
The Container as a service market is segmented into public cloud, private cloud, and hybrid cloud, based on deployment model. The public cloud application segment is projected to account for the largest market share over the forecast period. Public cloud services are relatively cheaper than the services offered by the other models. The public cloud deployment model provides various advantages to organizations, such as scalability, reliability, and adaptability.
Container as a Service Market: Organization Site Insights
The container as a service market is divided into small & medium-sized enterprises and large Enterprises. The small & medium - sized enterprises segment is anticipated to grow at a healthy CAGR over the forecast period followed by large enterprises.
Container as a Service Market: Vertical Insights
On the basis of verticals, the Container as a service market is classified into Banking, Financial Services, and Insurance, Retail & Consumer Goods, Healthcare & Life Sciences, Manufacturing, Media, Entertainment & Gaming, IT & Telecommunications, Transportation & Logistics, and Travel & Hospitality amongst others.
Container as a Service Market: Regional Insights
North America is anticipated to register the largest Container as a service market share over the forecast period. Asia Pacific is likely to grow at a significant CAGR over the coming years, followed by the Middle East. The growing adoption of container technology is projected to drive the market, particularly in countries such as China and Japan.
Container as a Service Market: End-Use Landscape
The end-use landscape includes a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase products from Container as a service Market. The major consumers of the product are Kroger Company, HSBC, and Amazon.com, Inc.
Container as a Service Market: Competitive Scenario
Key players in the global container as a service market include Microsoft, Rancher Labs, Red Hat, Suse, Apcera, AWS, Cisco Systems, Docker, Google, IBM, Joyent, and Vmware amongst others.
Please note: This is not an exhaustive list of companies profiled in the report.
In October 2017, Google and IBM collaborated to strengthen container security. The companies announced the launch of an open source project called Grafeas, specially designed to govern software supply chain.
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The global Container as a Service Market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the industry analysis; industry trends; market analysis; market trends; market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Container as a Service Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, VPs, CEOs, COOs, financial consultants, business consultants, strategy consultants, project management consultants, business management consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, demand forecasting, SWOT analysis of the companies, and customer analytics.
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