DUBLIN, Sept. 20, 2018 /PRNewswire/ --
The "Container Orchestration Market by Component (Platform and Services), Organization Size (Large Enterprises and SMEs), Vertical (Telecommunications and IT, BFSI, Government and Public Sector, Manufacturing), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The container orchestration market size is expected to grow from USD 326.1 million in 2018 to USD 743.3 million by 2023, at a Compound Annual Growth Rate (CAGR) of 17.9% during the forecast period.
Major growth drivers for the market include a large presence of open source vendors offering container orchestration platforms, cost-effectiveness and increased productivity in application deployment, greater flexibility than on-premises containers, and increasing traction of microservices architecture, and proliferation of container orchestration tools.
Among the components, the orchestration platform segment is estimated to hold a larger market size in 2018, as many vendors are offering open source container orchestration tools with advanced application delivery capabilities. Organizations across the globe are rapidly adopting the orchestration platform, owing to accelerated time to value, higher release throughput, enhanced agility and flexibility, increased collaboration, and increased productivity.
The large enterprises segment is expected to account for a larger market size in 2018, as they are rapidly adopting the container orchestration technology to streamline and simplify the application development and management processes. Large enterprises focus on simplifying the operations and management of cloud-native applications on any cloud and even across clouds. The adoption of the containers for enterprise applications in large enterprises is high, and the trend is expected to continue during the forecast period.
Among verticals, the retail and consumer goods vertical is expected to grow at the highest rate during the forecast period, owing to the increasing adoption of containers by the end users in this vertical and proliferation of online marketplaces. As the vertical deals with shipping orders and deliverables, it needs IT applications to manage operations. The need to manage and monitor such voluminous data is expected to drive the adoption of container orchestration solutions in the consumer goods and retail vertical.
Container Orchestration Market
North America is estimated to hold the largest market size in 2018. The region is one of the early users of the container orchestration technology. Microservices and DevOps are already in high demand in this region creating a favorable environment for the growth of the container orchestration market. However, Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. APAC companies are transforming their core business applications, which makes them responsive to business changes. However, concerns over security risks and skill gaps in the market could restrain the market growth.
The major vendors profiled in the report include:
- AWS
- Aptible
- Cisco
- Cloudify
- Critical Stack
- Docker
- Ericsson
- Giant Swarm
- Hashicorp
- Heroku
- Joyent
- Kontena
- Mesosphere
- Microsoft
- Oracle
- Pivotal Software
- Rancher Labs
- Red Hat
- Saltstack
- Shippable
- Suse
Key Topics Covered:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Research Assumptions
2.4 Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Container Orchestration Market
4.2 Market Share By Component, 2018
4.3 Market Share By Organization Size, 2018
4.4 Market Share By Vertical, 2018
4.5 Market Investment Scenario, By Region
5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Presence of A Large Number of Open Source Vendors Offering Container Orchestration Platforms
5.2.1.2 Increasing Traction of Microservices Architecture
5.2.1.3 Proliferation of Container Orchestration Tools
5.2.2 Restraints
5.2.2.1 Persistent Storage Issues When Containers Running Databases are Deployed in Production Environments
5.2.2.2 Optimizing Enterprise Infrastructures for Containers and Upsurge in Container Sprawl
5.2.3 Opportunities
5.2.3.1 Growing Adoption of IoT Applications Across Industries
5.2.3.2 Emerging Standard Devops Practices Among Enterprises
5.2.4 Challenges
5.2.4.1 Security and Compliance Issues Associated With Container Platforms
5.2.4.2 Limited Technical Expertise and Lack of Awareness About Container Orchestration
6 Container Orchestration Market, By Component
6.1 Introduction
6.2 Platform
6.3 Services
6.3.1 Training, Consulting, and Integration
6.3.2 Managed Services
6.3.3 Support and Maintenance
7 Market By Organization Size
7.1 Introduction
7.2 Large Enterprises
7.3 Small and Medium-Sized Enterprises
8 Container Orchestration Market, By Vertical
8.1 Introduction
8.2 Telecommunications and IT
8.3 Banking, Financial Services, and Insurance
8.4 Government and Public Sector
8.5 Healthcare and Life Sciences
8.6 Retail and Consumer Goods
8.7 Manufacturing
8.8 Others
9 Container Orchestration Market, By Region
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 Middle East and Africa
9.6 Latin America
10 Competitive Landscape
10.1 Overview
10.2 Competitive Situations and Trends
10.2.1 Partnerships, Agreements, and Collaborations
10.2.2 New Product Launches and Product Enhancements
10.2.3 Business Expansions
10.2.4 Mergers and Acquisitions
11 Company Profiles
For more information about this report visit
https://www.researchandmarkets.com/research/bdhmvs/container?w=5
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