Container Security Market 2020: Global Industry Exhibits Huge Growth

Posted by kelvindbmr on April 8th, 2021

Global container security market is expected to rise to an estimated value of USD 3746.57 million by 2026, registering a healthy CAGR in the forecast period of 2019-2026. Container security can be defined as the integration of security for the protection of containers, inclusive of any applications available in these containers along with the infrastructure on which these containers are based on. Security of containers involve securing the application as well as its pipeline, the deployment environment and integrating the security service with enterprise tools to enhance the existing quality of security policies.

Major Market Competitors/Players

Few of the major competitors currently working in the global container security market are Twistlock Ltd.; Red Hat, Inc.; Aqua Security Software Ltd.; Alert Logic, Inc.; Anchore, Inc.; Qualys, Inc.; Docker Inc.; Aporeto, Inc.; NeuVector Inc.; Nano Sec Co; McAfee, LLC; Trend Micro Incorporated; CLOUDPASSAGE AND HALO; Synopsys, Inc.; Thales Group; Google; Palo Alto Networks, Inc.; Guardicore; VERACODE; Capsule8; Deepfence Inc; Lacework, Inc.; Outpost24 AB; Sonatype Inc.; StackRox, Inc.; Sysdig, Inc.; Tenable, Inc. among others.

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Segmentation: Global Container Security Market

•          By Feature (Vulnerability Management, Runtime Protection, Compliance Management, Secrets Management, Continuous Integration/Continuous Delivery Integrations, Access Control)
•          By Component (Container Security Platform, Services)
•          By Deployment Type (Cloud, On-Premises)
•          By Organization Size (Large Enterprises, SMEs)
•          By Vertical (BFSI, Consumer & Retail, Aerospace & Defense, Healthcare & Life Sciences, Technology & Media, IT & Telecommunications, Automotive & Transportation, Energy, Power & Utilities, Government, Manufacturing, Others)
•          By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)

Competitive Analysis: Global Container Security Market

Global container security market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of container security market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Drivers:

•          Presence of various regulations and compliances that are required to be adhered; this factor is expected to drive the growth of the market
•          High volume of cyber-attacks and increasing presence of various vulnerabilities is expected to boost the growth of the market
•          Increasing prevalence of open-source container platform giving rise to its higher adoption rate; this factor is expected to propel the growth of the market

Market Restraints:

•          Lack of budget for security services and solutions for small and medium-sized enterprises; this factor is expected to hinder the growth of the market
•          Lack of awareness about container technologies and security also acts as a restricting factor for this market growth
•          Lack of skilled professionals having insufficient technical expertise will also impede this market growth