What is Containers as a Service (CaaS) Market?
Containers as a Service (CaaS) is rapidly gaining traction and is set to become a common cloud service model in the near future. A container, unlike a conventional virtual machine, is a new lightweight virtualization technology that runs on the operating system and encapsulates a job and its library dependencies for execution. Users can upload, organize, start, end, expand, and handle container programs and clusters in the cloud using CaaS. These processes are allowed by the use of container-based virtualization, an application programming interface (API), or a web portal interface. According to sources, 30% of companies use container technologies for design and testing as well as output. CaaS simplifies the process of building a fully scaled container and device implementation for developers.
The market study is being classified by Type (Management and Orchestration, Security, Monitoring and Analytics, Storage and Networking, Continuous Integration and Continuous Deployment (CI/CD), Training and Consulting and Support and Maintenance), by Application (BFSI, Manufacturing, Retail & Consumer Goods, Healthcare & Life Sciences, Media, Entertainment, & Gaming, IT & Telecommunications, Transportation & Logistics, Travel & Hospitality and Others) and major geographies with country level break-up.
Microsoft (United States)., Apcera (United States), Amazon (United States), Docker (United States), Google (United States), IBM (United States), Kontena (Finland), Cloud 66 (United Kingdom), CoScale (Belgium) and Joyent Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are SUSE GmbH (Germany), D2iQ, Inc. (United States)., HPE (United States), Tata Consultancy Services (India) and Vmware (United States).
The provider of containers as a service (CaaS) market continues to focus on innovation and technological advancements in the product. The key players are investing heavily in research & development to enhance the product quality and to overcome problems faced while manufacturing and products. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Containers as a Service (CaaS) market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Containers as a Service (CaaS) market by Type, Application and Region.
On the basis of geography, the market of Containers as a Service (CaaS) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Benefits of Cost Effectiveness and Increased Productivity
- Greater Flexibility Than On-Premises Containers
Market Trend
- Emergence of IoT Applications
Restraints
- Difficulty in Achieving Security and Compliance
Opportunities
- Rise In Hybrid Cloud Deployment Model
- Increase In Developer Efficiency And Support Microservices
Challenges
- Persistent Storage Issues
In December 2020, SUSE acquired Rancher Labs, an open-source company. This acquisition empowers SUSE’s open-source and cloud-native solutions. Along with Rancher’s customer base, SUSE will support OpenStack private cloud for a cloud-native paradigm.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Containers as a Service (CaaS) Providers, Cloud Service Providers, Venture Capitalists and Private Equity Firms, Government Regulatory, Research Organizations and End Use Industry