Containers as a Service Market Analysis Report 2020 : Share and Size, Expected CAGR, Top Leading Players Data and Analysis of Future Development and Prospects till 2023

As per the Eurostat, the total value of the ICT sector in Europe, including the ICT manufacturing and ICT services, was estimated to be more than EUR 475 billion in 2017. In this sector, the ICT services account for the major share as it is predicted to be ten times larger than the share held by ICT manufacturing. ICT services consist of computer programming, consultancy and related activities which held about 49.1% share while the telecommunications activities held around 30.3% share in the segment in 2017. These factors are estimated to impact the market growth in a positive manner in the next few years.

Market Scenario:

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.

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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.

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.

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The global containers as a service market is expected to grow at approx. USD 5560 Million by 2023, at 34% of CAGR between 2017 and 2023.Containers as a Service MarketContainers as a Service Market Research Report – Global Forecast 2023

Key Players:

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.

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Segments:

Containers as a service market can be segmented on the basis of following:

By Service Type

Security

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

SMEs

Large Enterprises

By Vertical

BFSI

Manufacturing

Healthcare

Retail & Consumer Goods

IT & Telecommunication

Media & Entertainment

Transportation & Logistics

Travel & Hospitality

Others

Regional Analysis:

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 microservices in that region.

Intended Audience

Technology Investors

Research/Consultancy Firms

Government Bodies

Container platform providers

Service Providers

Developers and IT operators

System integrators

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