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Kubernetes Market is Estimated to Reach USD 11.5 Billion by 2032, Grow at a CAGR 27.40% between 2022-2032
Published : April 2022

According to a market report, published by Sheer Analytics and Insights, the total kubernetes market was valued at $0.8 billion in 2021 and it is expected to reach $11.5 billion at a CAGR of 27.40% through the forecast period. Kubernetes are also known as K8s. It is used to provide container technology across cloud-based environments. Google mainly designed these Kubernetes but later the cloud-native foundation maintains the project. This open-source program would give the freedom to take the benefit of hybrid, on-premises, or public cloud infrastructure. At present days, many organizations are adopting Kubernetes which is expected to witness profitable growth over the forecast period. Hence, nearly 74% of organizations are adopting DevSecOps, which is setting up security in the application development life-cycle.      

Misconfigurations, runtime security incidents, and security vulnerabilities are some of the major security issues of Kubernetes. It is intended for cloud-native security such as cluster, container, and code. In addition, Kubernetes security devices offer enhanced protection, in comparison to Linux. Increasing demand for Pod man and Container is expected to support the market growth through the forecast period. Moreover, the usage of Kubernetes and container is expected to witness growth due to the rise in cyber-attacks and vulnerabilities across the globe. The adoption of hybrid cloud advanced technology is also expected to drive the growth in next few years. Growing demand for Kubernetes and containers across the private and government sectors would open lucrative opportunities for the major market players in upcoming years. The leading players would be able to develop informed decisions and plan their business strategies by producing innovative software and solutions and providing them to the global market.  

Request a Sample Copy of Report: https://www.sheeranalyticsandinsights.com/request-sample/kubernetes-market-21

Based on the enterprise size, the large enterprise division has dominated the market in 2020. However, the small and medium enterprises are expected to grow during the forecast period from 2022 to 2032. The Kubernetes market is analyzed across various regions such as North America, Asia-Pacific, Europe, and LAMEA. The North American market is holding the maximum market share over the past few years, while the Asia-Pacific regions are anticipated to grow with the highest CAGR in the upcoming years. There are several industries such as BFSI, Retail and Consumer, IT and Telecommunication, and others that are adopting Kubernetes which is further expected to drive the market growth in upcoming years.   

Key players such as Alert Logic, Aqua Security, Capsule8, Cloud Passage, Nev Vector, Trend Micro, Twist Lock, StackRox, Sysdig, and others are dominating the market. Several other vendors of Kubernetes solutions such as Amazon Web Services, Google Inc, Microsoft Corporation, Red Hat Inc, Apprenda Inc, UnitedHealth Group, IBM Bluemix, Cisco System, Oracle Corporation, Huawei Technologies Corporate Limited, and CenturyLink are leading the market across the globe. These key vendors are implementing new technological business strategies to stay ahead in the competitive market. 

The Global Kubernetes Market Has Been Segmented Into:

The Global Kubernetes Market – by Component:

  • Services
  • Container Security Platform

The Global Kubernetes Market – by Product Type:

  • Cloud-Based
  • On-Premises

The Global Kubernetes Market – by Enterprises Size:

  • Small Enterprise
  • Medium Enterprise
  • Large Enterprise

The Global Kubernetes Market – by Industry Vertical:

  • BFSI
  • Healthcare and Life Science
  • Manufacturing
  • IT and Telecom
  • Government Sector
  • Public Sector
  • And Others

The Global Kubernetes Market– by Region:

North America

  • U.S.
  • Canada
  • Mexico

 Europe

  • Germany
  • France
  • Italy
  • U.K.
  • Russia
  • Rest of Europe Countries

 Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • North Korea
  • Rest of Asian Countries

 LAMEA

  • Brazil
  • Saudi Arabia
  • Rest of LAMEA

Click full report at https://www.sheeranalyticsandinsights.com/market-report-research/kubernetes-market-21

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Sheer Analytics and Insights Private Limited is market research, consulting, and IT services company. We as a company believe in providing point to point data and its analysis with the combination of our human and automation integration. Sheer Analytics and Insights cover majorly eight industry verticals, including chemicals, life science, communications, and electronics, materials, consumer goods, defense, and BFSI sector.

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Contact:

Abhigyan Sengupta

Sheer Analytics and Insights

Email: query@sheeranalyticsandinsights.com

+1-414-240-5010

Website: https://www.sheeranalyticsandinsights.com/