Container-as-a-Service Market Equipment Market Promising Growth Opportunities &
Posted by rohit on March 2nd, 2020
Containers as a Service (type of container-based virtualization) is an emerging technology in which vendors provide a complete framework to the users for managing and developing containers and applications. CaaS is majorly designed for IT developers to manage and run applications. The key factor fueling growth of the market is the increasing utilization of micro services. The rise of DevOps technology and containerization have helped revolutionize enterprise applications. However, some factors such as portability issues between severs, lack of tools required to manage and monitor the container, hinders growth of the CaaS market.
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On the basis of geography, global container as a service market is classified into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America held a dominant position in the global CaaS market in 2016, and is estimated to retain its dominance throughout the forecast period. Increasing demand for managed data centers, virtual private cloud services, and advanced technology accessibility have led to an increasing demand for CaaS market in this region. Moreover, the presence of IT companies such as Microsoft Corporation, Google, and Amazon Web Service in the North American countries have also provided immense opportunity for growth of the market. In addition to this, the Asia Pacific CaaS market is estimated to grow with the largest CAGR during the forecast period. The increasing IT & telecom industry in the Asia Pacific region has led to an increasing demand for the CaaS market here. China and India are the major countries driving growth of the CaaS market in Asia Pacific. The increasing demand for infrastructure services and distributed storage management by various venders have also provided immense opportunity for growth of the CaaS market in this region.
CaaS Market Taxonomy
On the basis of cloud deployment model, the global CaaS market is classified into:
On the basis of deployment, public cloud holds the largest share of the CaaS market. The increasing demand for storage and computing resources has helped fuel the demand for public cloud in the CaaS market. In addition to this, the hybrid cloud also plays a major role in an organization for the management of infrastructure. Moreover, the increasing adoption of advanced container platforms in various organizations have led to the implementation of the hybrid cloud model with full infrastructure. The hybrid cloud usage is rising due to the increasing micro service and management service data environment, as they provide better flexibility, security and scalability.
On the basis of application, the global CaaS market is classified into:
On the basis of application type, the IT & Telecom application holds the largest share in the global CaaS market. The CaaS is highly used by the IT developers and IT department to develop secure containerized applications.
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Amazon Web Service (AWS), Cisco System, ContainerShip, CoreOS, DH2i, Docker Inc., Giant Swarm, Google, HPE, IBM, Joyent, Kyup, Mesosphere, Microsoft, and SaltStack, VMware Inc. are some of the key companies of the global container as a service market.
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About the Authorrohit
Joined: February 6th, 2020
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