What is Cloud Native Platforms Market Scope?
Cloud native platforms refer to a set of technologies and practices designed to build and run scalable applications in dynamic environments such as cloud infrastructure. These platforms leverage containerization, microservices architecture, and orchestration tools Such as Kubernetes to enable rapid development, deployment, and scaling of applications. The market for cloud native platforms encompasses a wide range of offerings from various providers, including public cloud providers like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform, as well as specialized platform providers such as Red Hat's OpenShift and VMware's Tanzu. Additionally, there are open-source projects and communities driving innovation in this space, such as the Cloud Native Computing Foundation (CNCF). The adoption of cloud native platforms is driven by the need for agility, scalability, and resilience in modern application development and deployment, as organizations seek to leverage cloud-native technologies to accelerate their digital transformation initiatives and gain a competitive edge in the rapidly evolving digital landscape.
Influencing Trend:
Shift towards hybrid and multi-cloud deployments
Market Growth Drivers:
Increasing demand for agility and scalability in application development and Rising adoption of cloud-native architectures
Challenges:
Skills gap in cloud-native technologies and Security concerns associated with containerized applications
Restraints:
Lack of standardization across cloud-native platforms
Opportunities:
Growth in new verticals like healthcare, retail, and manufacturing and Expansion into emerging markets
The Cloud Native Platforms market study is being classified by Type (Container-based, Microservices-based and API-based), by Application and major geographies with country level break-up.
Competition among existing players is due to the Cloud Native Platforms market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Cloud Native Platforms Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analysts at AMA predicts that Players from US will contribute to the maximum growth of Global Cloud Native Platforms market throughout the predicted period.
Red Hat (United States), Oracle (United States), Microsoft (United States), Amazon Web Services, Inc.(United States), IBM (United States), Cisco Systems, Inc. (United States), Orange Group (France), SAP (Germany) and Nutanix (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Google LLC (United States), VMware, Inc (United States), Docker Inc. (United States), HashiCorp (United States) and Others.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Cloud Native Platforms market by Type, Application and Region.
On the basis of geography, the market of Cloud Native Platforms 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).
Market Influencers and their Development Strategies
In October 2021, IBM acquired BoxBoat, a DevOps consultancy and enterprise Kubernetes certified service provider. This acquisition strengthened IBM’s hybrid cloud and AI capabilities for cloud-native application development.
In April 2022, developers and IT operations professionals at Google built containers and APIs on Google Cloud in order to create modern, cloud-first and cloud-native applications. Products and services include Google Cloud on application development, containers, Kubernetes, DevOps, serverless and open source as well.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations, End-Use Industries and Others
Cloud Native Platforms Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Cloud Native Platforms Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Cloud Native Platforms industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.