Container As A Service (CAAS) Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030
The Global Containers As A Service Market size was valued at USD 1.6 Billion in 2022 and is projected to reach USD 19.28 Billion by 2030, growing at a CAGR of 32.15% from 2023 to 2030.
Container As A Service (CAAS) Market Overview:
CaaS is a cloud service that enables software developers and IT administrators to upload, manage, run, scale, analyze, and stop containers through container-based virtualization. Containers are a sort of software capable of virtual packaging and isolating deployed applications. Without using virtual machines as is customary, containers can share access to the core of an operating system. Commonly, a CaaS supplier will offer a framework that enables consumers to use the service. Providers frequently employ web portal interfaces, APIs (application programming interfaces), or calls.
Users can create safe, expandable containerized applications using CaaS in on-premises or cloud data centers. This design uses containers and clusters as a platform, which may be set up in data centers on-site or the cloud. For e-commerce companies to manage and run their virtual e-commerce services, CaaS is the optimal solution. CaaS offers its users a custom hosting environment hosted in the cloud. CaaS primarily facilitates customer support services, available catalog interface punch services, experience management, management of numerous buyers, order routing & fulfillment, payment systems, administration of product specifications, catalog management, and online content management.
Among the primary drivers behind the growth of the containers as a service market is the rising acceptance of microservices on a global scale. Market growth is accelerated by the widespread use of containers as a service, which enables IT departments and developers to construct, administer, and run containerized applications, as well as the growing awareness of the advantages of cost efficiency and greater productivity. The containers as a service market is further influenced by the rise in demand for the services from businesses looking to cut down on shipping times brought on by hosted applications and the high demand for the benefits due to their increased popularity and lightweight.
Container As A Service (CAAS) Market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Container As A Service (CAAS) Market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.
Key Market Updates:
- In December 2018, DigitalOcean announced the general availability of Kubernetes-as-a-Service to all developers. Most of the essential features such as node provisioning, durable storage management, firewalling, load balancing, and other utilities were previously covered in the early access version of the service. This new version has an open API for integration with existing developer tools as well as compatibility with the latest version of Kubernetes.
- In May 2019, Twistlock, a fast-growing cloud and container security company, agreed to be acquired by Palo Alto Networks. The acquisition of Twistlock, located in Portland, Oregon, is expected to cost between US$450 million and US$500 million.
- July 2021, Tackle.io, an Idaho-based cloud marketplace platform using zero engineering to help software providers monetize cloud commerce, today announced that it has raised a $100 million Series C funding round. I did.
- In July 2021, cloud security startup Cloudknox Security was acquired by Microsoft for an undisclosed amount. CloudKnox is a pioneer in Cloud Infrastructure Entitlement Management (CIEM) solutions.
- In November 2021, Hewlett Packard Enterprise (HPE) announced the HPE Container Platform, the industry's first enterprise-grade, Kubernetes-based container platform designed for both cloud-native and monolithic applications with persistent storage.
- June 2022 Microsoft Azure facilitates Kubernetes development with a new Draft. Microsoft has revived Deis Labs' Kubernetes quickstart tool to help you package your existing code for Azure Kubernetes Service.
Major Market Segments Covered in Container As A Service (CAAS) Market Industry Research:
Market Key Players:
Amazon Web Service (AWS), Cisco System, ContainerShip, CoreOS, DH2i, Docker Inc., Giant Swarm, Google, HPE, IBM, Joyent, Kyup, Mesosphere, Microsoft, SaltStack, VMware Inc., And Others.
- Customer Relationship Management (CRM)
- Business Process Management (BPM)
- Supply Chain Management (SCM)
- Enterprise Relationship Management (ERP)
By Deployment Mode:
- IT and Telecommunications
North America will command the largest market share during the forecast period. Due to rising demand for managed datacenter, virtual private cloud, and increased accessibility of Container as a Service (CaaS) technologies, the region has a substantial market share. The predominance of North America in the market for containers as a service is also a result of regional technological advancements. The expansion of the container-as-a-service market in North America is anticipated to be fueled by the integration of artificial intelligence (AI) and machine learning (ML) technologies with applications for container services, the demand for an automated business process to reduce manual errors, and enhanced IT systems to fulfill the wide range of customer requirements. Increased developer productivity, support for microservices, and higher Container as service adaptability compared to on-site containers are further drivers that will propel the market for containers as a service.
Asia-Pacific will advance at a significant growth rate. The expansion can be linked to China's and India's expanding economies, which have more economic growth due to rising industrial output. Additionally, the market in the region is being driven by factors like increasing demand for microservices, technological developments, and growing demand for microservices adoption. The top CaaS solution providers are also developing and growing their businesses to snag the region's enormous prospects and the largest possible market share. For instance, in the Asia-Pacific region, Red Hat, Inc. introduced the Red Hat OpenShift Practice Builder Program in 2018. Modern cloud-native application development and delivery approach using Red Hat OpenShift and Red Hat JBoss middleware was the program's goal for system integrators (SIs). The CaaS market in the region is expected to grow due to these developments.
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Significant Market Dynamics:
Market Driving Factors
The growing use of microservices, the advent of DevOps, and the transformation of business applications through containerization are major market drivers for Container as a Service (CaaS). Software can be created using an architectural and organizational strategy called microservices, which consist of small, autonomous services that communicate through clearly defined APIs. Applications can be scaled more easily and quickly due to a microservices architecture that can reduce the time it takes to bring new features to market. Enterprises are beginning to deploy hybrid clouds using advanced container platforms as the backbone for virtual resources. So, the more microservices companies use, the more CaaS developers can deploy.
Container-as-a-Service solutions help businesses maximize productivity and control business risk. During the forecast period, these are the key variables expected to propel the global container-as-a-service market. Structure, container, and access layer are the three security levels covered by the solution. Role-based access control, secure image repositories, LDAP/AD connectivity, and dedicated secure gateways are all features of containers as a service. Different languages, frameworks, and databases can work simultaneously in containers. The container-as-a-service market is expanding as the benefits of cost efficiency and increased productivity grow.
Market Restraining Factors
A new cloud service that provides container-based virtualization is called Containers as a Service. These services are designed to provide developers and IT departments with a complete foundation for managing and deploying containerized applications. Clients can use containers as services to collect, send, scale, and compose API requests or web-based interfaces. However, scaling a container services business can be hampered by security and compliance issues, lack of tools needed to manage and monitor containers, and inconvenience between servers. Additionally, the CaaS market is expected to struggle with data security, as data is usually kept on cloud servers and is vulnerable to hacking. This may limit market expansion over the forecast period. Cloud servers also require reliable electricity flow and internet access to function optimally.
IT departments and developers can build, manage, and run containerized applications with the help of CaaS solutions. Clusters and containers are delivered as a service in a CaaS model, so they can be deployed in an on-premise server environment or through the cloud. The CaaS model is expected to offer new business prospects to small and medium-sized enterprises (SMEs), and advancements in networking capabilities are expected to unlock potential for CaaS providers over the forecast period. A higher level of agility or the ability to rapidly develop new production workloads is also possible through the CaaS model for commercial enterprises. Market expansion is also expected to accelerate.
Container As A Service (CAAS) Market report scope:
CAGR of 32.15% from 2022 to 2030.
Customer Relationship Management (CRM), Business Process Management (BPM), Supply Chain Management (SCM), Enterprise Relationship Management (ERP), and Others
Manufacturing, Retail, It and Telecommunications, BFSI, and Others
Amazon Web Service (AWS), Cisco System, ContainerShip, CoreOS, DH2i, Docker Inc., Giant Swarm, Google, HPE, IBM, Joyent, Kyup, Mesosphere, Microsoft, SaltStack, VMware Inc.
Regions and Countries Covered
2017 to 2022
2023 to 2030
Crucial Points from this Container As A Service (CAAS) Market Report
- Estimate Container As A Service (CAAS) Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
- Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
- Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
- Get a quick viewpoint on the Container As A Service (CAAS) Market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
- Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
- Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Study the sales and distribution channels over key geographies to improve top-line revenues.
Frequently Asked Questions-
- What is the CAGR of Container As A Service (CAAS) Market?
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- What are the key applications of Container As A Service (CAAS) Market?
- Who are the key players in Container As A Service (CAAS) Market?